Search For "central bank"
Indian stocks up as US Fed's interest rate pause positive for markets
Updated : 2 years, 9 months ago IST
Indian stock indices traded higher on Friday morning, getting support from the US central bank's latest monetary policy stance - which finally paused the interest rate after raising it for over a year.
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US Federal Reserve finally pauses interest rate
Updated : 2 years, 9 months ago IST
Barring the latest pause, the US central bank has hiked the interest rate for the tenth consecutive time which was necessitated in the fight against soaring inflation.
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Indian GDP growth reaches 7.2 per cent, indicates impact of banking clean-
Updated : 2 years, 9 months ago IST
New Delhi [India], June 14: The stability of economies across the world saw wide-ranging volatility throughout the previous decade of the 2010s. Branching off from the above turbulent times, the banking sector in India had found itself in precarious times since the mid-2010s which sparked an
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Shaktikanta Das receives 'Governor of the Year' award at London's Central
Updated : 2 years, 9 months ago IST
Reserve Bank of India Shaktikanta Das received the 'Governor of the Year' award at the Central Banking Awards 2023.
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India to remain among fastest growing large economies in 2023: RBI Governo
Updated : 2 years, 9 months ago IST
India's economic growth in the past few years is mainly driven by robust domestic demand and the country will continue to remain among the fastest-growing large economies in 2023, said Reserve Bank of India Governor Shaktikanta Das.
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Pakistan's new budget depends on concessions from China
Updated : 2 years, 9 months ago IST
The country remains mired in political and economic crises, amid punishing inflation that neared 38 per cent in May. On Monday, the central bank left its benchmark rate unchanged at a record-high 21 per cent, saying it thinks inflation has "peaked."
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India-UAE: Talks on Rupee-Dirham-based trade gathered pace, says Piyush Go
Updated : 2 years, 9 months ago IST
Union Commerce Minister Piyush Goyal said that the Reserve Bank of India and Central Bank of the UAE are in active dialogue for a Rupee-Dirham trade mechanism.
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UAE bank investments at all-time-high of AED 548.5 bn in March
Updated : 2 years, 9 months ago IST
The report, issued on Friday, showed a YoY growth of 16 per cent compared to about AED 472.7 billion in March 2022.
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Afghanistan's Central Bank to collect worn-out banknotes, circulate new on
Updated : 2 years, 9 months ago IST
The Central Bank has asked all other banks to collect the citizens' worn-out notes in denominations of ten and 20 without charging a fee, and the bank said it would exchange them for new banknotes.
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US Fed Reserve officials signal they could hold rates: NYT
Updated : 2 years, 9 months ago IST
Fresh jobs data released on Friday could help to inform policymakers as they try to decide whether this is the right moment to take a break, the daily newspaper said.
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Eurozone inflation slides to lowest in over one year: NYT
Updated : 2 years, 9 months ago IST
However, the US daily said the price of food and services climbed at an uncomfortable pace, raising the odds that the European Central Bank (ECB) will continue to lift interest rates to curb costs.
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Inflation in India breached central bank's target but deviation lower than
Updated : 2 years, 9 months ago IST
Retail inflation or (Consumer Price Index) peaked at 7.8 per cent in April 2022 to an 18-month low of 4.7 per cent in April 2023, driven by a reduction in food and core inflation. In some advanced countries, inflation had in fact touched a multi-decade high and even breached the 10 per cent
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