Search For "monetary"
25 bps repo rate cut likely in August 2017 policy review, says ICRA
Updated : 8 years, 6 months ago IST
New Delhi [India], July 25 (ANI): Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017.
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IMF's World Economic Outlook highlights emerging economies in lead
Updated : 8 years, 6 months ago IST
New Delhi [India], July 24 (ANI): The International Monetary Fund, in its World Economic Outlook on Monday highlighted a pattern of surge in growth rate among the emerging economies, while the likes of the United States of America and United Kingdom are witnessing a slowdown.
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Questions over Inzamam's Rs. 10 million cash award post Champions Tro
Updated : 8 years, 6 months ago IST
Karachi [Pakistan], July 7 (ANI): Prime Minister Nawaz Sharif's announcement of monetary awards to the cricket team and the management post Champions Trophy win has invited a lot of pointing fingers on the decision.
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IHC questions monetary rewards for Pak's cricket team by PM's of
Updated : 8 years, 6 months ago IST
Karachi [Pakistan], July 5 (ANI): Prime Minister Nawaz Sharif's sanctioning of Rs. 215 million in rewards for the Pakistan cricket team post winning the Champions Trophy has been questioned by the Islamabad High Court (IHC).
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Naidu's statement on loan waive has insulted farmers: CPI (M)
Updated : 8 years, 6 months ago IST
New Delhi [India], June 22 (ANI): Communist Party of India (Marxist) on Thursday slammed Union Minister M. Venkaiah Naidu for his statement against the farmers demanding loan waiver and said that monetary burden on the cultivators is an outcome of Centre failing to fulfil its promise of prov
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MPC holds rates; low inflation in April reason for status quo: RBI
Updated : 8 years, 6 months ago IST
New Delhi [India], June 7 (ANI): The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), headed by Governor Urjit Patel kept the repo rate unchanged at 6.25 percent after its second bimonthly review of this financial year here today.
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RBI keeps repo rate unchanged at 6.25 pct
Updated : 8 years, 6 months ago IST
New Delhi [India], June 7 (ANI): The Reserve Bank (RBI) of India in its Second Bi-monthly Monetary Policy on Wednesday kept its repo rate unchanged at 6.25 percent and reverse repo rate unchanged at six percent respectively.
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RBI to keep policy rates unchanged: Economists
Updated : 8 years, 6 months ago IST
New Delhi [India], June 7 (ANI): With the Reserve Bank of India (RBI) announcing its second bi-monthly monetary policy review today, the economists have said that there would be no change to interest rates, adding that the apex body would adopt a wait and watch policy to see how inflation tr
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RBI imposes Rs. 5 lakh penalty on Jalore Nagrik Sahakari Bank
Updated : 8 years, 6 months ago IST
New Delhi [India], June 5 (ANI): The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs. five lakh on the Jalore Nagrik Sahakari Bank Ltd. on account of violation of the bank's guidelines.
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RBI penalises two authorised dealer banks over violation of instructions
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 26 (ANI): The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999.
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Terrorism cost Pakistan Rs 6.3 billion in last 6 years
Updated : 8 years, 6 months ago IST
Lahore [Pakistan], Apr. 19 (ANI): The National Assembly was apprised about the human and monetary cost of Pakistan's war against terrorism along the Pak-Afghan border over the past six years BY Minister for States and Frontier Regions (Safron) Abdul Qadir Baloch.
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IMF retains India's annual growth at 7.2 percent
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 18 (ANI): Owing to the impact of the demonetisation drive which was rolled out by the Prime Minister Narendra Modi led-government on November 9 2016, the International Monetary Fund (IMF) on Tuesday trimmed India's annual growth forecast by 0.4 percentage points t
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