Reserve Bank of India - India Central Bank News

India Central Bank News

Quick Look Thursday, March 11, 2010 @ 1:45PMThe cabinet has approved to Rs. 7,000m to the North Central province for electricity supply said North Central Chief Minister Berty Premalal Dissanayake addressing a group of UPFA activists in Anuradhapura (east) electorate recently.
India freedom of information activist files 500 requests, despite threats Thursday, March 11, 2010 @ 1:36PMDespite an increase in attacks on activists who use the India freedom of information act, Kheema Ram has filed nearly 500 requests for public data and exposed a growing list of government scandals.
The Hindu Business Line : Yuan revaluation looks a 2010 cert Thursday, March 11, 2010 @ 1:03PM‘In the long run, we're all dead', said John Maynard Keynes, the fountainhead of the school of economic thought and theory which goes by the name of Keynesianism.
Bhupesh Bhandari: Constitutionally yours Thursday, March 11, 2010 @ 12:55PMThe latest fad amongst Indian business families is to sit together and write a constitution for the family. The Raos of GMR were the first to do so some years ago; the Bharatrams of SRF have written one; and, if industry gossip is to be believed, the Godrej family too wants to put together a constitution. Indian School of Business Professor K Ramachandran, the foremost authority on family ...
Obama urges China action on yuan Thursday, March 11, 2010 @ 12:28PMUS President Barack Obama has urged China to change its currency strategy to help re-balance the global economy.
MTN Group Reports Sound Operational Performance for the Year Ended 31 December 2009 Thursday, March 11, 2010 @ 9:36AMHighlights
Look East Thursday, March 11, 2010 @ 7:27AMThe debt woes of the Euro Zone economies and the need for political, fiscal and monetary policy compromises to keep the economic union intact have underlined the disparate recoveries of the world's developed and emerging economies. The advanced economies, dominated by the United States, Western Europe and Japan, are projected to grow at a slow but sustained pace over the next year. Developing ...
Phuket Chinese Cemetery Ablaze Again Thursday, March 11, 2010 @ 7:02AMPhuket Hotels Phuket Resorts Phuket Accommodation Phuket Real Estate Phuket Villas Phuket Spas Phuket Bungalows Phuket Tours Phuket Golf Phuket Bars Phuket Diving
India rate swaps little changed; data eyed Thursday, March 11, 2010 @ 6:47AMMUMBAI, March 11 (Reuters) - Indian overnight indexed swap rates were little changed in range-bound trading on Thursday as investors awaited data in the coming days, traders said.
Budget helps conmen, not the common man Thursday, March 11, 2010 @ 5:14AMA change that the Budget proposes to make could end up helping Indians who might have laundered their ill-gotten money, says M R Venkatesh.
RBI does not intervene in foreign exchange market in January Thursday, March 11, 2010 @ 5:02AMMumbai, Mar 11 : The Reserve Bank of India (RBI) did not buy or sell dollars in the foreign exchange market in January, the central bank's monthly bulletin said.
(AFX UK Focus) 2010-03-11 10:48 SE Asia Stocks-Mostly up; Thailand rises despite political fears Thursday, March 11, 2010 @ 4:57AMBy Shihar Aneez
Arunachal asks Centre to seek funds from World Bank Thursday, March 11, 2010 @ 3:37AMDespite the Centre's reported reluctance, the Arunachal Pradesh government has asked it to continue seeking loans from the World Bank for projects in the border state in spite of objections from China.
Indian bond yields steady ahead of data Thursday, March 11, 2010 @ 2:41AMMUMBAI, March 11 (Reuters) - Indian federal bond yields were little changed on Thursday afternoon as traders stayed on the sidelines ahead of industrial and food inflation data.
Editorial Roundup: Excerpts From Recent Editorials Wednesday, March 10, 2010 @ 3:00PM:
Cabinet decision on road safety board likely today Wednesday, March 10, 2010 @ 2:52PMThe Cabinet on Thursday is likely to decide on setting up an independent body to put in place safety provisions for national highways. The decision is going to be crucial considering the increasing number of deaths on highways, which already accounts for most road fatalities in the world.
Daily Economic Briefing: March 10, 2010 Wednesday, March 10, 2010 @ 2:50PM• China trade flows were very strong in February, with exports rising 4.8%m/m and imports rising 4.0%m/m. The increases compensate for unexpected declines in January, leaving underlying growth on a very strong track. It is curious that trade data from ...
Column : FSDC is not about turf, but content Wednesday, March 10, 2010 @ 2:49PMIt is most unfortunate that the idea of setting up a Financial Stability and Development Council, announced by Pranab Mukherjee as part of the 2010-11 Budget, is fast degenerating into a narrow turf war between babus in North Block and RBI.
I T dept s website cloned Wednesday, March 10, 2010 @ 2:33PMIn an attempt to cash in on the financial year end rush, fraudsters have cloned the official website of the income tax (I-T) department to send emails to people seeking minute details of debit and credit cards to issue refund.
Editorial Roundup: Excerpts From Recent Editorials Wednesday, March 10, 2010 @ 2:06PMBy The Associated Press Excerpts from recent editorials in newspapers in the United States and abroad:
Sleep, Stretch, Ski: One woman’s search for satisfaction in Central Oregon Wednesday, March 10, 2010 @ 2:03PMI’m no Elizabeth Gilbert, and when my life changed dramatically a few years ago I didn’t set off for Italy to eat, India to pray, or Indonesia to find love. I didn’t have the money or the resources. My husband died in September 2006 and it took me six months to put one foot in front of the other, to figure out finances, and to adjust to not being a full-time caregiver. It took another year for ...
Editorial Roundup: Excerpts From Recent Editorials Wednesday, March 10, 2010 @ 1:57PMLive, local and late breaking in Southern Arizona. KOLD News 13 for news, weather and sports.
1.5bn Potential Chinese Gold Bugs a New Demand Factor Wednesday, March 10, 2010 @ 8:42AMThe inscrutable Chinese are hardly likely to inform the world that they are on a gold buying spree for fear of sending the gold price through the roof before they can finished their acquisition plans.
Sensex recovers by 45.79 points to settle at 17,098.33 Wednesday, March 10, 2010 @ 7:41AMMumbai, Mar 10 : The Sensex of the Bombay Stock Exchange (BSE) today recovered by 45.79 points to end in positive terrain at 17,098.33 on scattered bull support by local operators and firm global cues.
Centre brings new policy to increase exports Wednesday, March 10, 2010 @ 6:54AMThe Central Government has revised its foreign trade policy to increase exports in labour intensive engineering goods.
India corp bond yields steady; borrowing calendar eyed Wednesday, March 10, 2010 @ 6:23AMMUMBAI, March 10 (Reuters) - Indian corporate bond yields ended little changed on Wednesday, as traders await the borrowing calendar detailing how the central bank will manage the government's heavy borrowing programme for 2010/11.
Jan industrial output seen up 16.65 pc y/y Wednesday, March 10, 2010 @ 6:05AMIndustrial output to rise 16.65 percent in January from a year earlier, the median forecast in a poll of 20 economists shows.
Emerging-Market Stocks Gain, Erasing 2010 Loss; Yen Weakens Wednesday, March 10, 2010 @ 2:49AMMarch 10 (Bloomberg) -- Emerging market stocks rose, erasing their 2010 losses, and higher-yielding currencies strengthened against the yen after China said exports soared the most in three years.
Wednesday March 10 2010 Wednesday, March 10, 2010 @ 2:46AMKUALA LUMPUR, March 10 — Central banks in Southeast Asia are set to stick to their current monetary policy course rather than change tack after Malaysia last week surprised markets by raising interest rates.
Bank of Thailand Keeps Interest Rate at Five-Year Low (Update1) Wednesday, March 10, 2010 @ 2:43AMMarch 10 (Bloomberg) -- Thailand kept its benchmark interest rate unchanged for a seventh meeting, refraining from following neighbor Malaysia in raising borrowing costs as political protests threaten the nation’s economic recovery.
Take The Helicopter View When Investing Wednesday, March 10, 2010 @ 1:28AMAre you falling into the narrow-minded investing trap?
Debt hopes, govt support lift UAE bourses Wednesday, March 10, 2010 @ 1:05AMDebt hopes, govt support lift UAE bourses
Will Malaysia rate rise set off Southeast Asia hikes? Wednesday, March 10, 2010 @ 1:01AMKUALA LUMPUR, March 10 — Central banks in Southeast Asia are set to stick to their current monetary policy course rather than change tack after Malaysia last week surprised markets by raising interest rates. The Malaysian central bank increased its rate to 2.25 per cent from a record low of 2 per cent, arguing the move would help avoid the risk of economic imbalances later on. Analysts say ...
New property tax moots exemptions for Phuket Wednesday, March 10, 2010 @ 12:02AMPhuket Hotels Phuket Resorts Phuket Accommodation Phuket Real Estate Phuket Villas Phuket Spas Phuket Bungalows Phuket Tours Phuket Golf Phuket Bars Phuket Diving
IIM-C student gets Rs 1.6 cr pay package Tuesday, March 9, 2010 @ 11:05PMIIM Calcutta students to work in a investment bank in South East Asia.
Govt to borrow more from market in H1 of 2010-11 Tuesday, March 9, 2010 @ 11:05PMThe government will raise by September more than half of its record $100 billion planned borrowing for the financial year that begins on April 1, a top adviser said on Tuesday.
Indian bond yields steady supported by US cues Tuesday, March 9, 2010 @ 9:55PMMUMBAI, March 10 (Reuters) - Indian federal bond yields were largely steady on Wednesday after easing in early deals following lower U.S. yields overnight and some short-covering by traders, dealers said.
RPT-UPDATE 1-India to borrow more from mkt in H1 of 2010/11 Tuesday, March 9, 2010 @ 8:47PM(Repeats story issed late on Tuesday)
(AFX UK Focus) 2010-03-10 02:17 Seoul shares dip; foreign buying continues Tuesday, March 9, 2010 @ 8:42PMBy Jungyoun Park
Bank of Korea’s Lee May Keep 2% Rate at Final Meeting (Update1) Tuesday, March 9, 2010 @ 8:14PMMarch 10 (Bloomberg) -- Bank of Korea Governor Lee Seong Tae will probably keep interest rates unchanged at his final meeting as he faces “intense” political pressure to spur investment and cut unemployment.
(AFX UK Focus) 2010-03-10 00:49 Philippines-Market factors to watch - March 9 Tuesday, March 9, 2010 @ 6:56PMMANILA, March 9 (Reuters) - Here are news stories and press reports which may influence local financial markets on Tuesday.
Investors set to rediscover Southeast Asia Tuesday, March 9, 2010 @ 5:56PMEquity markets in Malaysia, the Philippines and Thailand have been outperforming non-Japan Asia this year based on value and may continue to do so as growth forecasts rise.
Govt likely to infuse Rs 9,500 crore in banks in Q1: Banking secy Tuesday, March 9, 2010 @ 1:11PMThe government will provide Rs 9,500 crore for recapitalisation of public sector banks in the first quarter next year, while about Rs 7,000 crore will be infused during the rest of the financial year 2010-11.
Solar Mission needs Rs 3 lakh crore investment Tuesday, March 9, 2010 @ 1:10PMThe Jawaharlal Nehru Solar Mission’s plan for the deployment of 20,000 Mw of solar power by 2022 needs an investment of Rs 3 lakh crore, based on a capex of Rs 15 crore per Mega watt (Mw).
The Hindu Business Line : An eligible buyer for IMF's gold Tuesday, March 9, 2010 @ 1:05PMThe gold on offer will not hit the market all at once. India can justly lay claim on the entire amount, as a member country that chose not to withdraw its zero-interest SDR deposits.
RBI to amend rules to control NBFCs turning LLPs Tuesday, March 9, 2010 @ 12:55PMThe Reserve Bank of India (RBI) plans to amend its rules to pre-empt non banking finance companies (NBFCs) from misusing the liberal rules governing limited liability partnership (LLP) firms.
Emami: Oil for all Tuesday, March 9, 2010 @ 12:51PMThe branded edible oil market of Rs 10,000 crore per annum has caught Kolkata-based personal care provider Emami’s attention. It has launched not one but six variants of edible oil for consumers (and not bulk customers) — soyabean, sunflower, palmolein, mustard, soyabean blend and palmolein blend — under the brand Healthy & Tasty. This is Emami’s first foray into food products, and it is all too ...
Bank of Korea’s Lee, Leading Final Meeting, May Keep Rate at 2% Tuesday, March 9, 2010 @ 10:12AMBank of Korea Governor Lee Seong Tae will probably keep interest rates unchanged at his final meeting as he faces “intense” political pressure to spur investment and cut unemployment.
Indian bond yields off 17-mth high on short covering Tuesday, March 9, 2010 @ 6:48AM* 10-yr yield unlikely to fall below 7.90 pct - trader
India corp bond yields steady; supply fears persist Tuesday, March 9, 2010 @ 6:25AMMUMBAI, March 9 (Reuters) - Indian corporate bond yields ended little changed on Tuesday, as persisting fears of being crowded out by government debt offset a drop in federal yields.