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.
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.
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.
Last Updated: Saturday, June 14, 2014, 08:43
The BoJ held monetary policy in place after a two-day meeting, as expected.
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.
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.
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.
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.
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.
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.
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.
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.
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