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Deregulate diesel prices: RBI to Government 2012-01-25 06:50:34
While petrol prices are market-linked, the government decides the rates of LPG, kerosene and diesel, which usually results in a large budgetary expenditure on subsidies. The Reserve Bank today said the government should deregulate diesel prices in order to contain...
Keywords: fiscal slippages, fiscal slippages, kerosene and diesel, LPG
Read MoreASSOCHAM urges RBI to relax monetary policy 2012-04-04 07:46:51
To check online frauds, Dhoot called for implementation of digital signature enabled techniques as stipulated in the monetary policy statement for 2011-12. At the same time, the reforms process needs to be speeded up and policies must see fast implementation...
Keywords: Reserve Bank of India, ASSOCHAM, financial bottomlines, digital signature enabled techniques
Read MoreRBI hints at another CRR cut 2012-02-22 07:32:10
The mid-quarter review of the monetary policy is scheduled for March 15 and it is widely expected that one more CRR cut can be on the anvil. Deputy Governor Subir Gokarn said the Reserve Bank will "consider" a further cut...
Keywords: Reserve Bank, Deputy Governor Subir Gokarn, monetary policy, Reserve Bank
Read MoreDollar gains momentum against rupee, USD= Rs.52.85 2011-12-13 09:56:35
The US dollar gained momentum and gained over its Indian counterpart and an average importer has to now pay roughly 53 rupees to procure a dollar. The surging dollar rate would be the biggest worry for the Reserve Bank of...
Keywords: Lack of efficiency, market outlook, overnight indexed swap, Lack of efficiency
Read MoreCRR cut: Banks may not reduce EMIs 2012-01-25 06:26:09
However, a few like Oriental Bank of Commerce Executive Director S C Sinha said the CRR cut would "definitely lead to reduction in interest rates." Chairman of the Prime Minister's Economic Advisory Council and former RBI Governor C Rangarajan said...
Keywords: Economic Advisory Council and former RBI Governor C Rangarajan, CRR cuts, Economic Advisory Council and former RBI Governor C Rangarajan, Bank of India
Read MoreRBI kept repo rates unchanged! 2016-12-07 11:50:37
The Reserve Bank of India has announced that the repo rate will remain unchanged at 6.25 percent. The reverse repo rate under the LAF remains unchanged consequently at 5.75 percent, and the marginal standing facility (MSF) rate and the Bank...
Keywords: RBI, RBI, RBI, RBI
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