Search For "monetary"
RBI may raise repo rate by 35 basis points in upcoming policy meet: Report
Updated : 3 years, 7 months ago IST
New Delhi [India], July 29 (ANI): In line with the global trend of monetary policy tightening to cool off inflation, the Reserve Bank of India (RBI) in its upcoming monetary policy meeting is expected to hike the repo rate by 35 basis points, said global information service provider S&P
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RBI imposes monetary penalty on Gauhati Co-operative Urban Bank
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): The Reserve Bank of India (RBI) on Thursday said it has imposed a monetary penalty on Guwahati-based co-operative bank The Gauhati Co-operative Urban Bank Limited for non-compliance with KYC-related compliance.
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Impasse in Pakistan over diplomats' tax exemptions, allowances
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 27 (ANI): Due to the constraints by International Monetary Fund in view of Pakistan's crippled economy, the country's government has once again failed to restore the income tax exemption and allowances for Pakistani diplomats posted abroad, media reports said.
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IMF revises China's growth by 1.1 pc, predicts major global spillovers
Updated : 3 years, 7 months ago IST
Washington [US], July 26 (ANI): The International Monetary Fund (IMF) said on Tuesday that it has revised downwards its forecast for China's economic growth by 1.1 per cent in 2022 and by 1.3 per cent next year.
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Sensex slumps for second straight day; closes 498 points down
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 26 (ANI): The Indian stock markets' key indices slumped by around one per cent on Tuesday dragged by heavy selling pressure in IT and banking stocks ahead of the first quarter earnings report by several large-cap companies and announcement of the US Federal
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US Fed's policy meet to be in focus this week: S&P Global Market Intel
Updated : 3 years, 7 months ago IST
New Delhi [India], July 25 (ANI): The US Fed's upcoming monetary policy meeting is set to dominate headlines this week with a 75-100-basis points interest rate hike likely. Inflation approaching double-digits has prompted the US central bank to take a tougher stance.
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PIL in Delhi HC seeks direction to prohibit forcible religious conversion
Updated : 3 years, 7 months ago IST
New Delhi [India], July 24 (ANI): A Public Interest Litigation (PIL) has been moved in Delhi High Court seeking appropriate direction to the Centre and Delhi Government to prohibit forcible religious conversion by intimidating, threatening and deceivingly luring through gifts and monetary be
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Unclear data on Chinese debts poses challenges for Sri Lanka's negotiation
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 23 (ANI): Newly-appointed Sri Lankan President Ranil Wickremesinghe has a tough task ahead of him negotiating a financial lifeline from the International Monetary Fund (IMF) to help his country combat its worst-ever economic crisis but what makes the process diffic
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Lebanese President urges IMF to conclude aid deal with Beirut
Updated : 3 years, 8 months ago IST
Beirut [Lebanon], July 22 (ANI/Xinhua): Lebanese President Michel Aoun on Thursday urged the International Monetary Fund (IMF) to conclude the aid agreement with the crisis-ridden country, saying Lebanon has been adopting the needed structural reforms.
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Pakistani rupee, stocks continue downward trend, experts blame country's p
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 21 (ANI): With the rupee hitting a record low level, losses at the Pakistan Stock Exchange (PSX), high inflation and low forex reserves of the country recently, experts in Pakistan believe that the delay in the loan facility from IMF and domestic political upheaval
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RBI reschedules August meeting of Monetary Policy Committee
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 21 (ANI): The Reserve Bank of India (RBI) on Thursday announced a change in the date of the upcoming meeting of the Monetary Policy Committee, which will take the decisions on policy rates.
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How Russian natural gas cut-off could affect Europe's economies?
Updated : 3 years, 8 months ago IST
Washington DC [US], July 20 (ANI): The International Monetary Fund (IMF) has warned that Russia's invasion of Ukraine has further darkened the global growth outlook, with the European economy facing a serious setback given its trade, investment, and financial links with the warring countries
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