Search For "monetary"
Indian stock indices largely steady Thursday early trade
Updated : 2 years, 10 months ago IST
Indian stock indices opened Thursday's session marginally high, extending gains from the previous session.
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India's achievements in financial sector clearly go beyond numbers of bank
Updated : 2 years, 10 months ago IST
At the launch of IMF book on India's Financial System, Antoinette M Sayeh said, "The country has impressed the world in fostering financial inclusion through its public digital infrastructure. Just a decade ago, local shops were filled with people buying and selling goods with cash. Today, f
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Decreasing inflation rate in India promises a positive financial future
Updated : 2 years, 10 months ago IST
New Delhi [India], April 26 (ANI/PNN): Our world has seen sweeping tides of volatility since 2020. From the advent of a worldwide pandemic to geopolitical-based warfare which derailed the economy of many countries worldwide and caused chaos and unrest. A consequence of the aforementioned unr
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Indian banking system less prone to SVB-like incidents: Ministry of Financ
Updated : 2 years, 10 months ago IST
The collapse of a few regional banks in the US, which started with Silicon Valley Bank, and the takeover of the crisis-hit Credit Suisse Bank by the Union Bank of Switzerland (UBS) have sent ripples across the global banking industry and posed fears of a contagion effect across economies.
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Inflation, policy tightening to weigh on global economic activity till 202
Updated : 2 years, 10 months ago IST
Elevated inflation and tightening of monetary policy have weakened the growth process and are expected to weigh on economic activity for at least three years since the conflict broke out between Russia and Ukraine in February 2022 (the financial year 2022-25), according to Ministry of Financ
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Global growth seen at 2.3 pc in 2023; slowdown centred in US, Europe: S&am
Updated : 2 years, 10 months ago IST
Global GDP growth is forecasted to slow from 3.0 per cent in 2022 to 2.3 per cent in 2023 and the slowdown is expected to be centred in Europe and the US -- regions where high inflation and monetary policy tightening through interest rate hikes are restraining consumer and business spending,
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Repo rate likely to be on hold, cuts expected in early 2024: Morgan Stanle
Updated : 2 years, 11 months ago IST
The Reserve Bank of India is likely to keep the repo rate on hold for now as inflation figures seem to be under control and any reduction in the key interest rate is expected only in the early part of 2024, Morgan Stanley said in a report.
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Inflation moderating in Asia, central banks may start cutting interest rat
Updated : 2 years, 11 months ago IST
Inflation in Asia is moderating and the central banks in the region are likely to cut interest rates to support economic growth come the fourth quarter of 2023 (October-December), Morgan Stanley said in a report.
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Pakistan govt borrows PKR 239 billion credit from State Bank of Pakistan:
Updated : 2 years, 11 months ago IST
According to the State Bank of Pakistan Act amended in 2022 on the dictation of the International Monetary Fund (IMF), government borrowing from the central bank is banned.
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RBI releases monthly bulletin of April 2023
Updated : 2 years, 11 months ago IST
According to a statement from RBI, the five articles are -- State of the Economy; Recent Regime Reversal in Inflation: The Indian Experience; Capital Outlay of Indian States: An Empirical Assessment of its Role and Determinants; Industrial Relations Code and Labour Productivity: A Cross-Coun
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Binocs publishes Comprehensive Report on Crypto Tax Regulations 2023
Updated : 2 years, 11 months ago IST
Bangalore (Karnataka) [India], April 17 (ANI/ATK): The cryptocurrency landscape has been transforming in 2023, with regulatory changes, market developments, and crucial events shaping the sector. Binocs, a leading expert in crypto tax regulations, has published a comprehensive report on the
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Pakistan: IMF restraints hopes of early deal, foreign banks reluctant due
Updated : 2 years, 11 months ago IST
In a statement, Nathan Porter, IMF Mission Chief to Pakistan, said that the IMF "looks forward to obtaining the necessary financing assurances as soon as possible to pave the way for the successful completion of the 9th Extended Fund Facility (EFF) review".
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