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Union Budget 2014-15: Govt, RBI to devise modern monetary policy framework

Last Updated: Thursday, July 10, 2014, 22:14

With prices staying at stubbornly high level, the government and the RBI on Thursday agreed to devise a modern monetary policy framework with clear inflation targeting.

Bank of England united in holding rates: Minutes

Last Updated: Wednesday, June 18, 2014, 18:12

The Bank of England was unanimous in its decision to maintain its record-low interest rates earlier this month, minutes showed on Wednesday.

US Federal Reserve to meet with eyes on policy forecasts

Last Updated: Tuesday, June 17, 2014, 20:54

The FOMC has consistently pointed to the middle of 2015 at the earliest for beginning to raise the fed funds rate. 

Yen slips as BoJ calls for more reform in Tokyo

Last Updated: Saturday, June 14, 2014, 08:43

The BoJ held monetary policy in place after a two-day meeting, as expected.

Monsoon to be critical factor for monetary policy: Barclays

Last Updated: Friday, June 06, 2014, 19:55

The monsoon, which generally hits the southern coast on June 1, made a landfall at the Kerala coast earlier on Friday.

Bank stocks slide as RBI maintains status quo

Last Updated: Tuesday, June 03, 2014, 19:31

Bank stocks came under selling pressure as the Reserve Bank kept interest rates unchanged at the monetary policy review on Tuesday.

RBI opts for status quo, promises rate cut if inflation drops

Last Updated: Tuesday, June 03, 2014, 16:56

This is the second consecutive time that RBI Governor Raghuram Rajan has kept interest rates unchanged, belying hopes of any reduction in EMIs for home and auto loans.

Sensex hits record closing high; metal stocks surge

Last Updated: Tuesday, June 03, 2014, 16:06

The broader Nifty gained 0.7 percent to a record closing high of 7,415.85, surpassing its previous record hit on May 23.

RBI should wait until budget before cutting rates: Rangarajan

Last Updated: Tuesday, June 03, 2014, 15:41

The RBI's status quo on key policy rates was in line with expectations and it should wait until the budget to lower rates, former Chairman of the Prime Ministers' Economic Advisory Council C Rangarajan said Tuesday.

Indians can invest up to $125,000 overseas annually

Last Updated: Tuesday, June 03, 2014, 14:27

Encouraged by an improvement in the forex market, the Reserve Bank on Tuesday raised the annual overseas investment ceiling for individuals to USD 125,000 from USD 75,000.

Sensex up 180 points in mid-session as RBI holds key rates

Last Updated: Tuesday, June 03, 2014, 13:28

The broad-based National Stock Exchange Nifty regained 7,400 mark by rising 54.50 points, or 0.74 percent, to 7,417.00.

Decision to keep rates unchanged was expected: Chidambaram

Last Updated: Tuesday, June 03, 2014, 13:15

Former Finance Minister P Chidambaram on Tuesday said the RBI's decision to keep interest rates unchanged was expected and the government should build on what has been achieved.