Page 98 - Finance News Analysis

Pay hike to stoke inflation, push up GDP: RBI report

The report, however, noted that the pay hike will boost GDP by around 40 bps during the current fiscal

RBI cuts repo rate by 25 bps to 6.5%, lowest in 6 years

Taking note of falling retail inflation and the government's commitment to fiscal discipline, Governor Raghuram Rajan cut the policy rate to 6.5%

Currency in circulation markedly up

Guesses on why range from elections to various other issues

Rupee rally continues for 6th day, up 5 paise to Rs 66.21 per dollar

However, the rupee dropped against the yen to 59.28 per 100 yen from 59.02 previously

RBI cuts key rate by 0.25% to 6.5%

The reverse repo rate-at which banks can park excess funds with the RBI -is reset at 6%

RBI rate cut shows dovish stand, expect more later, say experts

The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 percent on Tuesday, making a widely expected first reduction since September to bring the rate to its lowest in more than five ye

Rate cut in right direction, but India Inc wants more

Say 25 bps cut will not make much difference to capex plans, won't improve sentiment

Rupee marginally up 2 paise against dollar in early trade

Weakness in the dollar against other currencies overseas supported the rupee

Huge outward remittances a recent phenomenon

Bankers say outward remittances is confusing but can still be attributed to perception of stability in Indian economy

Monetary policy without bankers

FM Arun Jaitley pitches for interest rate cut ahead of RBI policy

Jaitley said the government has stuck to fiscal deficit commitments and that inflation has been under control

Rupee weakens 10 paise to 66.36 against dollar

Increased demand for the dollar from importers affected the domestic currency

Will Mint Road trim or slash this time?

Rupee worst performer among Asian peers

Rupee closed at 66.25 a dollar, down 0.142% in the year

RBI: Liquidity, liquidity, liquidity

NBFCs: Equipment demand more positive than relaxed ECB rules

Relaxation of ECB norms is a booster, but benefits will largely be offset by costs of hedging loans

Rupee extends gains for 2nd day, up 7 paise

Dollar selling in view of persistent foreign capital inflows helped the Indian currency extend gains

Rupee sinks 24 paise vs dollar in early trade

The dollar was firm against some global currencies, boosted by optimism over the US economy, which weighed on the rupee

Forex reserves touch all-time high of $356 bn

Rise in reserves was predominantly on account of increase in FCAs

Forex reserves up by $2.5 billion to $356 billion

FCAs, a major component of overall reserves, increased by $2.505 billion to $332.504 billion in the reporting week, RBI said in a release here