Search For "tightening"
Continued monetary policy tightening necessary: RBI MPC member Shashanka B
Updated : 3 years, 5 months ago IST
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
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ADB trims economic growth forecast for developing Asia
Updated : 3 years, 5 months ago IST
The developing Asia's economy will grow 4.2 per cent this year and 4.6 per cent next year, according to Asian Development Outlook (ADO) 2022, released on Wednesday. ADB estimated in September that the economy would grow 4.3 per cent in 2022 and 4.9 per cent in 2023. Growth in China, which is
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Pakistan: Law enforcement agencies tighten noose on blasphemers
Updated : 3 years, 5 months ago IST
Law enforcement agencies in Pakistan are tightening the noose on blasphemers on social media and arresting people allegedly involved in this activity, The Nation, a daily newspaper based in Lahore, Pakistan, reported.
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35 basis points repo rate hike looks imminent from RBI policy meet: SBI Re
Updated : 3 years, 5 months ago IST
The SBI Research, in the report, said it believes 6.25 per cent could be the terminal rate in this monetary policy tightening cycle.
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Iraq rebuffs fresh Chinese investment proposals amid Beijing's tightening
Updated : 3 years, 5 months ago IST
Iraq has begun rebuffing Chinese investment proposals to move away from Chinese dependence.
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India's GDP growth in July-Sep quarter in line with most market participan
Updated : 3 years, 5 months ago IST
India's growth estimates, which were to the north of 8 per cent or even 9 per cent at the beginning of the year, have come down to between 6.8 per cent and 7 per cent, because global growth has slowed down and monetary tightening is still underway in the developed world, the CEA said.
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Global economic growth outlook "gloomier", says IMF ahead of G20 summit
Updated : 3 years, 6 months ago IST
In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal and monetary tightening is likely needed in many countries to bring down inflation and address debt vulnerabilities and it expects further policy tightening in many G20 economies
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Global economy on the verge of a downturn: Moody's Investors Service
Updated : 3 years, 6 months ago IST
Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still, a period of relative stability could emerge by 2024 if governments and central banks manage to navigate their economies through the current challenges.
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RBI could continue to intervene in forex markets if uncertainty on more ra
Updated : 3 years, 6 months ago IST
In this context, Gaurang Somaiya, forex and bullion analyst, MOFSL, said, "The central bank has accumulated these reserves to be utilised in these kinds of situations," and added that investors are on the edge at this point as there are a lot of moving parts which are impacting the market.
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African countries face heat as China slows down lending
Updated : 3 years, 6 months ago IST
Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a result of a slowdown in global growth, rising inflation exacerbated by the war in Ukraine, adverse weather conditions, a tightening in global financial conditions, and the risin
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Indian markets gain; Sensex up 113 pts; Nifty up 64 pts
Updated : 3 years, 6 months ago IST
The volatility in the stock market on Friday was seen after the US Federal Reserve announced hike in the policy rates and thereafter by the Bank of England by 75 basis points.
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Pound strengthens versus dollar on news of Sunak becoming prime minister
Updated : 3 years, 7 months ago IST
The dollar retreated on Monday after the October S&P Global Composite PMI release showed US business activity contracting for a fourth straight month, an indication that the US Federal Reserve's aggressive monetary tightening was having a significant impact.
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