Showing posts with label Raghuram Rajan. Show all posts
Showing posts with label Raghuram Rajan. Show all posts

Tuesday, August 25, 2015

Indian Rupee Climbs Most in 15 Months as Stocks, Bonds Rally

India’s rupee gained the most in more than a year as an emerging-market selloff abated and policy makers in India said the economy is sound enough to lure investors.

Sunday, August 16, 2015

India Wholesale Inflation at Record Low Adds Easing Pressure

India’s wholesale prices dropped more than estimated, in line with retail inflation, adding pressure on central bank Governor Raghuram Rajan to cut interest rates.

Wednesday, May 27, 2015

Rupee Return Seen Best in Emerging Markets as Growth Beats China

The rupee’s retreat this quarter hasn’t dented forecasts for returns in the high-yielding currency as India overtakes China as the world’s fastest-growing economy.

Sunday, April 26, 2015

Rupee Has Biggest Weekly Drop Since August 2013 on Debt Outflows

India’s rupee completed its biggest weekly drop since August 2013 as foreign funds pulled money from local bonds after the trade deficit widened and the government said overseas investors would have to pay a retrospective tax.

Sunday, October 26, 2014

India Must Bring Down Inflation to Spur Growth, Subramanian Says

India must curb inflation and the budget deficit to revive economic growth from near a decade low, Chief Economic Adviser Arvind Subramanian said.

Wednesday, August 6, 2014

India keeps policy rate unchanged, sounds tough on inflation

(Reuters) - India's central bank kept its key policy repo rate unchanged on Tuesday as widely expected, and voiced a commitment to bringing down inflation that convinced many analysts that markets will have to wait until next year for the next cut in rates.

Sunday, June 1, 2014

India Growth Below 5% Adds Pressure on Modi to Spur Investment

India’s economy grew less than 5 percent for a second quarter, adding pressure on Prime Minister Narendra Modi to spur investment after winning the strongest electoral mandate in 30 years.

Thursday, May 29, 2014

India central bank chief reiterates call for global monetary coordination

(Reuters) - India's central bank chief, Raghuram Rajan, reiterated on Wednesday what he said is the need for global central banks to be mindful of the impact of their unconventional monetary policy measures on other economies.

Saturday, May 24, 2014

Can Modi get India's economy back on track?

Narendra Modi is being swept into office as India's prime minister on a wave of optimism about his ability to restore the fortunes of Asia's third biggest economy.

Wednesday, May 14, 2014

India's new government must wrestle with weak output, inflation

(Reuters) - India's ailing economy showed little sign of improvement on Monday, trapped in a spell of weak growth and high inflation when the country is on the cusp of political change that is widely expected to script an economic revival.

Tuesday, April 15, 2014

USIBC Welcomes Reserve Bank of India Governor Raghuram Rajan

The U.S.-India Business Council (USIBC) today hosted the Governor of the Reserve Bank of India (RBI), Dr. Raghuram Rajan, for a private meeting of top executives from global financial services companies and institutional investors.

Saturday, March 15, 2014

India's wholesale inflation eases to 9-month low, rates seen on hold for now

(Reuters) - India's wholesale price-based inflation eased to a nine-month low in February as food and fuel prices moderated, raising expectations that the central bank would leave interest rates unchanged at its policy review next month.

Friday, February 14, 2014

India Consumer Inflation, Factory Output Fall After Rate Rises

India’s consumer-price growth eased more than analysts estimated in January and factory output fell in December following an increase in interest rates as central bank Governor Raghuram Rajan fights Asia’s fastest inflation.

Thursday, January 30, 2014

India's central bank hikes key interest rate

NEW DELHI (AP) -- India's central bank raised its key interest rate for the third time in four months Tuesday and its governor said combating stubbornly high inflation is the top priority despite an "increasingly worrisome" slowdown in economic growth.

Monday, January 13, 2014

India inflation probably eased in December, thanks to lower food prices

NEW DELHI (Reuters) - India's stubbornly high inflation finally appears to be slowing down following a cooling in vegetable prices, bringing some relief to the ruling Congress party which is struggling to win back voters ahead of a national election due by May.

Thursday, December 12, 2013

Industrial output seen contracting in October

NEW DELHI (Reuters) - India's industrial production is expected to have contracted for the first time in four months in October, a Reuters poll showed, a sign the economy remains fragile despite a modest rebound in the September quarter.

Sunday, November 24, 2013

India to seek rupee trade payments to support battered currency

(Reuters) - India is preparing to lobby major trading partners including Japan, Iraq and Venezuela to accept rupee payments for some of their exports, one of a series of moves to stabilise the volatile currency and make it more globally acceptable.

Thursday, October 31, 2013

India central bank hikes rate to fight inflation

MUMBAI, India (AP) — India's central bank raised its key interest rate for the second time in two months Tuesday, underlining the determination of its new chief to control inflation despite concerns economic growth could slow further.