PTI cited the UK based bank RBS as saying that the Indian economy is likely to grow at 6.3% next year largely due to favorable base effect, while inflation is expected to drop to a comfortable 5.4% level in FY14. RBS Research said that ...
Tags: Indian economy, avorable base effect, inflation, RBS Research
Commenting on the RBI decision to maintain status quo on CRR and policy rates,Ms Naina Lal Kidwai President of FICCI said that"While disappointing,the status quo is as was widely expected.The recent moderation in inflation ...
In the first three quarters of 2012, faced with the complicated and volatile economic environment at home and abroad, the CPC Central Committee and the State Council committed to the general tone of progressing steadily, correctly handled ...
Xinhua reported that Chinese authorities vowed Sunday to focus on quality and efficiency of economic growth in 2013, demonstrating their determination to ensure sustainable and healthy economic development after the previous pursuit of ...
Tags: economic growth, economic policies, central economic work conference
Reuters reported that London copper slipped bruised by the struggles of US lawmakers to find a fix to a looming fiscal cliff and on a rebound in the dollar after it tumbled following the Federal Reserve's extension of loose monetary policy. ...
Tags: copper, metals, Metal Exchange, metals demand
RBI in its Mid-Quarter Monetary Policy Review: December 2012, made no significant changes today, with cash reserve ratio (CRR) of scheduled banks unchanged at 4.25 per Cent. Consequently, the reverse repo rate under the LAF unchanged at 7.0 ...
Tags: significant changes, marginal standing facility, garment Industry
According to a Barclays Capital survey of producers,consumers,traders and investors,a total of 75%of players in the Chinese base metals market believe that 1H13 will see better economic conditions than the second half of 2012.Iin a similar ...
Tags: Chinese base metals market, survey, Barclays, infrastructure spending
Perng Fai-nan, governor of the Central Bank of China (CBC), pointed out yesterday (Dec. 19) that the CBC will stick to the “properly loose” monetary policy in the first quarter next year. He expected Taiwan’s real interest ...
Tags: Central Bank of China, Taiwan', Real Interest Rates, Perng Fai-nan
The President of Tirupur Exporters Association(TEA)has expressed disappointment with the RBI's latest monetary policy review. Dr.A.Sakthivel,President,TEA said he was disappointed with the RBI's Mid Quarter Monetary Policy Review as there ...
Tags: RBI Monetary Policy, RBI, Dr.A.Sakthivel, Pressure
Representatives of the textile industry in Pakistan have urged the State Bank of Pakistan, the country's central bank, to bring down the markup rate to at least seven percent, so as to enable the sector to compete with other countries in ...
Tags: Pakistan Textile Industry, Cut, Markup Rate, State Bank
THE Australian dollar was little changed against its US counterpart yesterday,but it hit a 19-month intraday high against the yen as investors predicted Japan's new government would encourage a return to reflationary policy by the Bank of ...
Tags: Bank of Japan, Australian dollar, LDP, Japanese election
Reuters reported that Turkey's crude steel output is expected to grow 6.5% in 2013 on the back of growth-oriented policies, a recovery in the construction sector and an improving outlook internationally. Turkish Iron and Steel Producers ...
Tags: Turkey's crude steel output, Crude Steel Output, Mr Veysel Yayan
THE Australian dollar was little changed against its US counterpart today, but it hit a 19-month intraday high against the yen as investors predicted Japan's new government would encourage a return to reflationary policy by the Bank of ...
Tags: Australian Dollar, new monetary policy, territorial disputes
Financial Express cited Mr C Rangarajan Prime Minister's Economic Advisory Council chairman as saying that the economy is expected to grow at 5.5% to 6% in the current fiscal and the next year will see a better rate of expansion. Mr ...
BS reported that gold inched up on Monday as a drop in the US unemployment rate did little to dampen expectations that the Federal Reserve will maintain easy monetary policy when it meets later this week. Investors are watching ...
Tags: US, unemployment, monetary policy, job market