Search For "monetary"
Gita Gopinath appointed IMF Chief Economist
Updated : 7 years, 5 months ago IST
Washington D.C. [USA], Oct 1 (ANI): The International Monetary Fund (IMF) on Monday appointed Gita Gopinath, a professor at Harvard University, at its new chief economist.
Read More
3 banks fined by RBI for delay in fraud detection
Updated : 7 years, 6 months ago IST
New Delhi [India], Sep 08 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore each on the Union Bank of India, Bank of India and Bank of Maharashtra for failing to detect and report fraud in certain accounts on time.
Read More
Pakistan at risk of debt distress due to CPEC: U.S. senators
Updated : 7 years, 6 months ago IST
Washington D.C.[USA] September 04 (ANI): As newly elected government in Pakistan headed by Prime Minister Imran Khan is willing to pursue an International Monetary Fund (IMF) bailout, a group of United States Senators have asserted that Islamabad is at risk of debt distress due to rising cur
Read More
Jaitley cites IMF report to highlight economic growth under Modi Govt
Updated : 7 years, 6 months ago IST
New Delhi [India], August 26 (ANI): Finance Minister Arun Jaitley on Sunday drew a comparison between 2014 and 2018 International Monetary Fund (IMF) staff reports in order to highlight the economic growth and transformation that took place under Prime Minister Narendra Modi government.
Read More
Kerala floods: India politely turns down international financial aid
Updated : 7 years, 6 months ago IST
New Delhi [India], August 22 (ANI): In view of the whole world coming together and announcing aid for the Kerala flood victims, the Indian government has decided to stick to its long standing policy of not accepting monetary help from foreign countries.
Read More
India sovereign credit risk from rupee decline is limited: Fitch Ratings
Updated : 7 years, 6 months ago IST
New Delhi [India], Aug 20 (ANI): Fitch Ratings on Monday said that its outlook on the recent sell-off in the rupee illustrates that India's sensitivity to shifts in the market sentiments towards emerging markets, with further pressure as global monetary tightening progresses.
Read More
Indian women- trump card to double-digit GDP: Rajiv Ranjan Singh
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 17 (Businesswire-India): Prime Minister Narendra Modi recently quoted at an event that 'financially empowered women are a bulwark against societal evils.' Rajiv Ranjan Singh, CEO, Karvy Stock Broking Ltd seconds his opinion and so does the data from the International M
Read More
RBI rate hike a 'win-win' situation for markets, banks
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets and the banks as inflation is expected to rapidly decelerate to sub-5 per cent in coming months, suggests the
Read More
Considerable uncertainty around impact of MSP schemes, says RBI
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Wednesday said that the impact of MSP hike on projections is a challenging task.
Read More
RBI retains GDP growth at 7.4% in FY19
Updated : 7 years, 7 months ago IST
New Delhi [India], Aug 1 (ANI): The Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday said that Monetary Policy committee (MPC) has projected the GDP growth at 7.4% for this fiscal year as in the June statement.
Read More
All eyes on RBI ahead of monetary policy
Updated : 7 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 1 (ANI): Market indices are treading cautiously, with the Reserve Bank of India's third bi-monthly monetary policy statement to be released shortly.
Read More
IMF bailout of Pakistan would be a bad idea
Updated : 7 years, 7 months ago IST
Washington D.C. [USA], Jul 30 (ANI): Pakistan would need another USD 3 billion in the next few months from the International Monetary Fund (IMF) in a bid to bail out the nuclear-armed country from the reeling economic and financial woes. However, it would be a bad idea to do so, according to
Read More