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Asian markets extend global rout on Donald Trump fears

Asian markets extend global rout on Donald Trump fears

Asian equities tumbled Wednesday, extending a global sell-off as a poll showing Donald Trump overtaking market favourite Hillary Clinton in the race for the White House flamed fears about future US economic policy.

It's time that banks relax lending rates for loan borrowers

It's time that banks relax lending rates for loan borrowers

Zee Media Bureau

Banks' obduracy in not complying with the Reserve Bank of India's word seeking a benign transmission policy has continued for long.

Fed's dilemma: Hike or not!

Fed's dilemma: Hike or not!

With a potentially volatile US presidential election and two months of economic data still to come, the Fed policymakers are engrossed in a dilemma – whether to go for a rate hike or maintain status quo. As of now, they seem to be hovering anywhere in between in the confused territory.

Greece says EU-IMF rift stalling Greek debt solution

A rift between the EU and the International Monetary Fund on the way to tackle the Greek debt crisis is delaying its solution, Greek Prime Minister Alexis Tsipras said on Sunday. 

 RBI detects 200 odd illegal entities duping public

RBI detects 200 odd illegal entities duping public

Around 200 entities having operations in West Bengal and have been collecting deposits in an unauthorised manner are under the scanner of the Reserve Bank of India.

Asian shares climb on fading US rate expectations

Asian shares climb on fading US rate expectations

Asian stock markets rallied Monday and the dollar dipped as a slowdown in US jobs creation doused expectations for an interest rate hike this month while at the same time showing the world`s top economy was still improving.

Urjit Patel as RBI Governor indicates policy continuity: Nomura

Urjit Patel as RBI Governor indicates policy continuity: Nomura

The appointment of Urjit Patel as the next RBI Governor signals government's preference for policy continuity and commitment to low inflation, says Japanese financial services major Nomura.

 Fed close to hitting job and inflation targets: Stanley Fischer

Fed close to hitting job and inflation targets: Stanley Fischer

The Federal Reserve is close to hitting its targets for full employment and 2 percent inflation, the Fed`s No. 2 policymaker said on Sunday in comments that did not address when the U.S. central bank should next raise interest rates.

New RBI Governor Urjit Patel's arduous task: Getting banks to lower rates

New RBI Governor Urjit Patel's arduous task: Getting banks to lower rates

One of the biggest challenges for India`s incoming central bank chief is a problem he and his predecessor have long grappled with - how to spur stubborn state banks to cut borrowing costs more aggressively to boost the economy.

Moody's retains India GDP forecast, ups China's estimates

Moody's retains India GDP forecast, ups China's estimates

Moody's Investors Service on Thursday retained India's growth forecast at 7.5 percent for 2016 but revised upwards estimates for China to 6.6 percent citing strong fiscal and monetary support.

Lot of scope for rate cuts in coming months: India Inc

Lot of scope for rate cuts in coming months: India Inc

With RBI keeping key rates unchanged in its policy review, India Inc today said it sees 'a lot of scope' for rate cuts going forward on account of lower inflation engendered by a favourable monsoon.

Raghuram Rajan launches several schemes for NPA through Credit Policy

Raghuram Rajan launches several schemes for NPA through the Credit Policy. Watch this special segment and get to know more here.

Press conference on the Credit Policy of Raghuram Rajan

Press conference on the Credit Policy of Raghuram Rajan

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India may set policy rates by panel in October: RBI's Rajan

India may set policy rates by panel in October: RBI's Rajan

The Reserve Bank of India may decide its interest rates through the monetary policy committee in October, outgoing RBI Governor Raghuram Rajan said on Tuesday, shortly after leaving key repo rate unchanged.

GST rollout deadline of April challenging: Rajan

GST rollout deadline of April challenging: Rajan

The Reserve Bank on Tuesday said it will be challenging to roll out GST from April 1, 2017 but the new indirect tax regime will eventually boost business sentiment and investments.

RBI Monetary Policy: Raghuram Rajan leaves rates unchanged; warns of inflation risks

RBI Monetary Policy: Raghuram Rajan leaves rates unchanged; warns of inflation risks

Citing upside risks to the Reserve Bank's inflation target for March 2017, Governor Raghuram Rajan on Tuesday maintained status quo on key rates at his last policy review meeting, as was widely expected, but underlined that the central bank continues to be accommodative.

Won't allow foreign deposit redemptions to disrupt market: Rajan

Won't allow foreign deposit redemptions to disrupt market: Rajan

Allaying fears of market disruption in view of USD 20 billion worth of redemptions in foreign deposit accounts in the coming months, the Reserve Bank on Tuesday said it will continue with domestic liquidity operations and foreign exchange interventions to ensure smooth repayments.

RBI 3rd bi-monthly monetary policy: Read full text

RBI 3rd bi-monthly monetary policy: Read full text

Read the full text of RBI's third bi-monthly policy statement for the year 2016-17.

RBI third bi-monthly monetary policy: Key highlights

RBI third bi-monthly monetary policy: Key highlights

Check out the key highlights of RBI's third bi-monthly monetary policy statement, 2016-17.

Raghuram Rajan's last policy review: No respite for home, auto borrowers; RBI keeps rates unchanged

Raghuram Rajan's last policy review: No respite for home, auto borrowers; RBI keeps rates unchanged

Citing upside risks to the Reserve Bank's inflation target for March 2017, Governor Raghuram Rajan maintained status quo on key rates at his last policy review meeting, as was widely expected.