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Rates should come down, but RBI final authority, says Jaitley

Making a strong case for rate cut by RBI later this month, Finance Minister Arun Jaitley on Sunday said monetary policy plays an important role in stimulating growth and is hopeful that it will......

Fed rate hike may push the world into recession

Global economy has begun experiencing huge liquidity tightening & demand contraction driven by collapse in oil & commodity prices, slowdown in China, QE exit by US & rising fiscal austerity. A Fed......

What China's market crash means for India

India is a fairly stable economy; so the boat will rock, but won't overturn. If all goes well, India should achieve 7.5 per cent GDP growth in 2015-16, notes Omkar Goswami.  Image: The boat......

ICICI Bank to expand China presence

The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China India's largest private sector lender ICICI Bank is set to expand its......

Marc Faber says Sensex will drop to 24,000 levels in the near term

'The recent GDP numbers that were reported by the government do not rhyme with the numerous economic indicators. The economy is probably growing at maximum 5 per cent per annum.' May 2015 marks one......

Birmingham City owner pleads not guilty to money laundering

Birmingham City football club owner Carson Yeung pleaded not guilty to charges of laundering more than HK$720 million and his defence team sought to have the case thrown out, saying some related......
  Web results for Hong Kong Monetary Authority
China brokerage probe sparks selloff in stocks

The probe into the finance industry comes as the government widens an anti-corruption campaign Zhang ShidongKyoungwha Kim Authorities are... ...
Economic Development Commission holds ninth meeting

The Economic Development Commission (EDC), under the leadership of the Chief Executive, Mr C Y Leung, held its ninth meeting at the Central... ...
Hong Kong-Thailand Renminbi Business Forum

The following is issued on behalf of the Hong Kong Monetary Authority: The second Renminbi (RMB) Business Forum was held in Bangkok, Thailand... ...
Foreign central banks get access to China's forex market

It named them as the Hong Kong Monetary Authority, the Reserve Bank of Australia, the Hungarian National Bank, the International Bank for... ...
Early warning signs for China economy

China's economy is still showing a muted response to waves of monetary and fiscal easing as of the half-way mark for the last quarter of the year,... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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