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Highlights of RBI's monetary policy

Following are the highlights of RBI's first bi-monthly monetary policy statement, 2015-16: * Short-term lending rate (repo) unchanged at 7.5 pc * Cash Reserve Ratio unchanged at 4 pc * Retains......

RBI likely to hold rates tomorrow

SLR could be reduced, banks might start lowering base rates When the Reserve Bank of India reviews its monetary policy on Tuesday, market experts say, it might not change its monetary policy......

Firming food prices may prompt RBI to maintain status quo

The Reserve Bank is unlikely to lower the interest rates during its annual monetary policy review on Tuesday due to increased food prices after unseasonable rains in various parts of the......

Top economic forecasters see no repeat of 2013 sell-off

India's economy is in much better shape to weather tighter U.S. monetary policy than it was two years ago, according to the economics team from ICICI Securities PD, the most accurate forecasters on......

India's record FX warchest set for Fed rate hike test

Chastened by a tumble in the rupee in 2013 at the prospect of tighter US monetary policy, India has built up record foreign exchange reserves of nearly $340 billion to insulate the economy from......
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Pound Buoyant Despite Election Uncertainty

By Tommy Stubbington and Josie Cox Investors hate uncertainty, the old cliché runs. But ahead of one of the least certain elections in recent... ...

http://in.advfn.com/news_Pound-Buoyant-Despite-Election-Uncertainty_66582474.html
Assocham Jumps Into Neutrality Debate, Demands 'Indian Version'

Jumping into the debate on ensuring non-discriminatory Internet access, industry chamber Asscoham today said it has suggested to telecom regulator... ...

http://www.outlookindia.com/news/article/assocham-jumps-into-neutrality-debate-demands-indian-version/893878
PRECIOUS-Gold climbs back above $1,180/oz as European stocks wilt

* Gold prices recover from five-week lows * European stocks wilt on Greece fears * Fed meeting in focus for rate-hike clues (Updates... ...

http://in.reuters.com/article/2015/04/27/markets-precious-idINL4N0XO3JE20150427
Sterling hovers near 7-week highs, eyes growth data and election risks

LONDON: Sterling hit a seven-week high against the dollar on Monday, as some of the pessimism from uncertainty over next week's UK parliamentary... ...

http://economictimes.indiatimes.com/markets/forex/sterling-hovers-near-7-week-highs-eyes-growth-data-and-election-risks/articleshow/47069213.cms
Deflation? Oil's 45 percent rebound could be markets' next headache

LONDON (Reuters) - Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil... ...

http://in.reuters.com/article/2015/04/27/us-markets-oil-inflation-idINKBN0NI0XU20150427

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