Search For "monetary"
Sri Lanka seeks bridging finance from India till IMF bailout
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 17 (ANI): While India plays a prominent role in helping its neighbour Sri Lanka come out of a deep economic crisis, it was learnt from reliable sources that Colombo has asked New Delhi to provide bridging finance for the crisis-ridden country till the Internatio
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In 5th straight weekly fall, India's forex reserves dip by $2.47 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 16 (ANI): India's foreign exchange (forex) reserves dipped by $2.47 billion in the week ended April 8, registering the fifth straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide in the value of rup
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Beijing creating 'inadvertent empire' in Central Asia: Report
Updated : 3 years, 11 months ago IST
Beijing [China], April 15 (ANI): Using the Belt and Road Initiative (BRI) accompanied by massive monetary investments, China is creating an "inadvertent empire" in Central Asia, according to a media report.
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Sri Lanka plans to talk with IMF on April 18, says Finance Minister
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 14 (ANI): Sri Lanka is planning to start the talk with the International Monetary Fund (IMF) on April 18 to secure at least USD 4 billion in aid for the economy, said Sri Lanka Finance Minister, local media reported.
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Pak's ex-finance minister Miftah Ismail to be named finance chief ahead of
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 14 (ANI): Miftah Ismail, former Pakistan finance minister is likely to be named as the new finance chief of the country ahead of crucial talks with the International Monetary Fund as the country's economy is in dire straits.
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Sensex slumps 482 points; IT, energy, banking stocks slide
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 11 (ANI): The Indian equities markets benchmark Sensex slumped 482 points on Monday dragged by heavy selling pressure in IT, energy and banking and financial stocks.
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Sri Lanka can overcome economic crisis provided Central Bank allowed to ru
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 10 (ANI): Exuding confidence in overcoming the unprecedented economic crisis, the newly appointed Governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe said that one of the ways to overcome the current crisis situation is to allow the Central Bank to f
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Top Sri Lankan delegation to meet IMF officials in Washington
Updated : 3 years, 11 months ago IST
Washington [US], April 9 (ANI): Amid Sri Lanka's severe economic crisis, a high-level delegation, including the country's Central Bank Governor and other senior officials, will attend an International Monetary Fund (IMF) meeting in Washington DC today.
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RBI may shift focus to inflation, start hiking policy rates from August
Updated : 3 years, 11 months ago IST
New Delhi [India], April 9 (ANI): The Reserve Bank of India (RBI) has maintained the policy repo rate at a record low of 4 per cent for almost the past two years in order to support economic growth, hit by COVID-19 pandemic. Although in the first policy review of the current financial yea
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Sensex surges 412 points as RBI keeps policy rates unchanged
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Indian equities markets benchmark Sensex jumped 412 points on Friday led by a strong buying support in the index heavyweight Reliance Industries as the Reserve Bank of India (RBI) kept key policy rates unchanged in its first monetary policy
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RBI keeps policy rates unchanged; raises inflation forecast, lowers growth
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): In the first monetary policy review of the financial year 2022-23, the Reserve Bank of India (RBI) on Friday kept key policy interest rates unchanged for the 11th time in a row and sharply raised inflation projection and lowered growth forecast du
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Card-less cash withdrawal to be made available at all ATMs: RBI
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday proposed to make card-less cash withdrawal facility available across all banks and automated teller machine (ATM) networks using unified payments interface (UPI).
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