”cash reserve requirements” News

GCC summit eyes common currency

CAIRO, Egypt – In a gathering marred by Israeli attacks on Gaza and pressured by the ailing world economy, leaders of the six Gulf Arab nations are gearing up for a summit in
12 29 2008 7:31AM (...more)

Inflation falls, deep interest rate cuts seen

NEW DELHI (Reuters) – Indian inflation fell to a nine-month low in mid-December, helped by cheaper fuel and lower factory taxes, and analysts saw it diving to around 2 percent by March, freeing the Reserve Bank to cut rates deeply. India 's
12 27 2008 1:11AM (...more)

Inflation to fall further, stimulus not over

NEW DELHI (Reuters) – India's inflation rate will fall further and with the global slowdown likely to spill into the next financial year, there may be a need for more fiscal
12 22 2008 6:01PM (...more)

Indian rate-hike cycle in last lap, say economists

MUMBAI (Reuters) - The Reserve Bank of India (RBI) is expected to raise interest rates by another 25-50 basis points for the remainder of 2008 as it grapples with inflationary pressures, before softening rates early next year, economists said.
09 2 2008 9:10AM (...more)

India may escape worst effects of crisis - RBI

MUMBAI (Reuters) - India may escape the worst consequences of the global financial crisis due to its strong internal drivers for growth but money, debt and credit markets may be impacted indirectly, its central bank chief said.
10 13 2008 2:12AM (...more)

World Bank to aid India banks in new lending plan

WASHINGTON (Reuters) – A $14 billion World Bank lending plan for India , the biggest ever by the global lender to Asia's third-largest economy, will help recapitalize
12 15 2008 7:57PM (...more)

Inflation holds steady, price risks remain

NEW DELHI (Reuters) - Indian inflation held steady above 12 percent in mid-September, and economists said volatile crude oil prices and the chance of a spike in some food costs would force the central bank to keep policy tight.
09 26 2008 5:05AM (...more)

Need to anchor inflation expectations - RBI

MUMBAI (Reuters) - It would be ideal and possible to bring Indian inflationary expectations as close to the levels of global inflation, Reserve Bank of India Governor Yaga Venugopal Reddy said on Wednesday.
04 30 2008 9:54PM (...more)

Finmin: big reforms needed at World Bank, IMF

NEW DELHI (Reuters) – Far-reaching changes are needed in the governance structure of the World Bank and International Monetary Fund to reflect a changed global economy, the finance
10 7 2009 11:39AM (...more)

Factory output falls; inflation drops

NEW DELHI (Reuters) – A fall in factory output at the end of 2008 and the prospect inflation could turn negative in coming months bolstered analysts' expectations for further interest rates cut by showing the pressure the economy was under. Industrial output unexpectedly
02 15 2009 4:59PM (...more)