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'India still faces risk on growth, external front'

Last Updated: Friday, July 25, 2014, 00:07

Stating that even though the formation of a stable government at the Centre has mitigated political risk, a top Reserve Bank official on Thursday said India continues to face threats on the growth and external sector fronts.

Gold price falls by Rs 44 to Rs 28,155 per 10 gm in futures trade

Last Updated: Friday, July 18, 2014, 11:55

Gold prices fell by Rs 44 to Rs 28,155 per 10 grams in futures trade Friday as speculators trimmed positions, tracking a weak global trend.

Brazil keeps interest rates on hold at 11%

Last Updated: Thursday, July 17, 2014, 08:38

Traders had forecast no change prior to the decision by the central bank`s monetary policy commission (Copom) after a two-day meeting.

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.