News for 'Monetary Policy Statement'

Centre warns WhatsApp over spread of messages triggering violence

Centre warns WhatsApp over spread of messages triggering violence

Rediff.com3 Jul 2018

WhatsApp said it would be instituting awards for research on 'spread of misinformation' on its platform.

In Bernanke's final act, Fed cuts stimulus despite market turmoil

In Bernanke's final act, Fed cuts stimulus despite market turmoil

Rediff.com30 Jan 2014

Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.

The real reason behind the fiscal slippage

The real reason behind the fiscal slippage

Rediff.com2 Feb 2018

In absolute terms, fiscal deficit went up by 33.6 per cent in April-December 2017 and the revenue deficit by as much as 40.7 per cent compared to the same period the previous year, said Sudipto Mundle.

'Demonetisation is theft'

'Demonetisation is theft'

Rediff.com8 Feb 2017

'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'

Three sensible prescriptions for the success of 'Make in India'

Three sensible prescriptions for the success of 'Make in India'

Rediff.com28 May 2015

For India, struggling for competitiveness, the current rupee overvaluation in terms of real effective exchange rate is a genuine constraint.

RBI has 'fire power' to check Re volatility: Montek

RBI has 'fire power' to check Re volatility: Montek

Rediff.com20 Jun 2013

The RBI has enough "fire power" to deal with the rupee volatility and will intervene in the forex market as and when required, said Planning Commission Deputy Chairman Montek Singh Ahluwalia.

Obama for higher share for India in IMF, other institutions

Obama for higher share for India in IMF, other institutions

Rediff.com25 Jan 2015

US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.

RBI cuts rates, home, car loans to become cheaper

RBI cuts rates, home, car loans to become cheaper

Rediff.com29 Sep 2015

A Reuters poll showed only one out of 51 economists had expected a 50 basis points rate cut.

Here's a cyber security roadmap for the financial sector

Here's a cyber security roadmap for the financial sector

Rediff.com21 Oct 2018

Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.

Few hard questions Modi will not ask bankers in next meeting

Few hard questions Modi will not ask bankers in next meeting

Rediff.com29 Dec 2014

Prime Minister Narendra Modi will hold discussions with public sector banks (PSBs) and financial institutions to draw up an action plan for banking reforms

Taking a loan? Be happy, base rate could be lower by 50 bps

Taking a loan? Be happy, base rate could be lower by 50 bps

Rediff.com4 Sep 2015

RBI's draft guidelines on computation of base rate, if implemented in its current form, will significantly impact the profitability of banks.

Raghuram Rajan's sermons

Raghuram Rajan's sermons

Rediff.com13 Apr 2019

'Dr Rajan is often preachy with commandments aimed at nobody in particular,' complains M S Sriram.

'Whatever steps Rajan took were beneficial for the economy'

'Whatever steps Rajan took were beneficial for the economy'

Rediff.com20 Jun 2016

'Rajan brought in a healthy air of competition in the banking sector.'

The jury is out! India Inc gives full marks to the FM

The jury is out! India Inc gives full marks to the FM

Rediff.com1 Mar 2015

India Inc is encouraged by a determined Budget.

Governor Rajan has done his part; govt action will decide future rate cuts

Governor Rajan has done his part; govt action will decide future rate cuts

Rediff.com3 Jun 2015

Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts

One nation is spreading terror in South Asia: PM Modi at G20

One nation is spreading terror in South Asia: PM Modi at G20

Rediff.com5 Sep 2016

Soon after Prime Minister Modi's assertion, the G20 countries also came down heavily on terrorism.

Inflation data point to more rate cuts

Inflation data point to more rate cuts

Rediff.com20 Apr 2015

Food and fuel are two perennial areas of concern.

Why we need to manage our Budget expectations

Why we need to manage our Budget expectations

Rediff.com27 Feb 2015

Most expect the Budget to be path-breaking.

China further devalues currency, sparks fears of currency war

China further devalues currency, sparks fears of currency war

Rediff.com12 Aug 2015

Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.

Economic crisis: 'Modi should consult Manmohan'

Economic crisis: 'Modi should consult Manmohan'

Rediff.com25 Sep 2019

'Vajpayee used to consult the Opposition; Indira Gandhi used to consult the Opposition. Which khet ki mooli is Modi?'

Former US envoy: 'Pakistan is a State sponsor of terror'

Former US envoy: 'Pakistan is a State sponsor of terror'

Rediff.com14 Jul 2016

'Pakistanis are very clever in manipulating us,' former Bush administration official tells US lawmakers.

Delhi cab rape victim sues Uber in California

Delhi cab rape victim sues Uber in California

Rediff.com30 Jan 2015

The suit claims Uber sacrificed customer safety for the sake of profit and expansion.

India did DeMo, GST at right time: Jaitley

India did DeMo, GST at right time: Jaitley

Rediff.com15 Oct 2017

'There is global appreciation of the fact that India has the capacity and courage to carry out structural reforms like demonetisation and GST,' the finance minister said.

Gold at 29-month high, may touch Rs 32,500 mark

Gold at 29-month high, may touch Rs 32,500 mark

Rediff.com31 Jul 2016

In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position

2017: The year of the strong dollar (and weak rupee)

2017: The year of the strong dollar (and weak rupee)

Rediff.com21 Dec 2016

Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.

US ready to stop all funding to Pakistan: Haley

US ready to stop all funding to Pakistan: Haley

Rediff.com3 Jan 2018

The State Department and the White House too said that the US expects Pakistan to take decisive action against terrorists operating from its soil.

'Only he can bathe wearing a raincoat': Modi's MMS barb draws Cong ire

'Only he can bathe wearing a raincoat': Modi's MMS barb draws Cong ire

Rediff.com9 Feb 2017

Angry Congress members staged a walkout during Modi's address.

Buying time at Wuhan

Buying time at Wuhan

Rediff.com30 Apr 2018

The Wuhan meetings signify an incremental shift in China's position on India as well as each country buying time for the next phase of bilateral relations, says Srikanth Kondapalli.

Modi is too clever to want Trump as mediator!

Modi is too clever to want Trump as mediator!

Rediff.com26 Jul 2019

'Modi, with his sharply honed political savvy and undoubted grasp of international affairs, is a past master at taking the measure of world leaders.' 'He would be the last person to think of the unpredictable and not too well-regarded Trump as the mediator,' says B S Raghavan.

'The real farmer doesn't go out to agitate'

'The real farmer doesn't go out to agitate'

Rediff.com3 Oct 2018

'Most of the agitations are staged by the Opposition to disturb the peace of the state.'

'India is a very powerful democracy. It can humble any dictator'

'India is a very powerful democracy. It can humble any dictator'

Rediff.com22 Dec 2015

'I have never seen anybody disliked more as prime minister than Modi.' 'What is interesting is in his prime ministership, no matter whatever happens in any corner of India, Modi is blamed for it.' 'Modi has not suspended any Constitutional liberties. No Opposition leader has been put in jail... Modi is not Hitler.'

How cash became a bad word

How cash became a bad word

Rediff.com13 Dec 2016

Ajit Balakrishnan on understanding the anti-cash chorus.

'Army won't take over Pakistan'

'Army won't take over Pakistan'

Rediff.com8 May 2017

'The army has stopped short of exerting the sort of influence it may have done historically.' 'It is comfortable with its relations with the civilian government as the superior partner.'

What is capital convertibility & how India should move towards it

What is capital convertibility & how India should move towards it

Rediff.com20 Apr 2015

The post-crisis debate on capital account management focuses on matching instruments with vulnerabilities.

'RBI is letting the nation down with cheap tricks'

'RBI is letting the nation down with cheap tricks'

Rediff.com28 Dec 2016

James Wilson explains why Indians are destined to silently suffer the cash shortage for half a dozen more months.

India's GDP to expand at 7.5% in 2017-18: Jaitley

India's GDP to expand at 7.5% in 2017-18: Jaitley

Rediff.com22 Apr 2017

India's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit, talking about robust structural reform measures.

Our 'nationalism' is against other Indians

Our 'nationalism' is against other Indians

Rediff.com24 Mar 2016

'Our great Indian nationalists are rousing passions against their own people, not against another nation. Our fraud nationalists go after their own citizens for their religion, or for their views. Their concern and their passion is the enemy within. That is not love of nation or love of anything else. It is hatred and it is bitterness,' says Aakar Patel.

Greek finance minister quits after voters reject bailout terms

Greek finance minister quits after voters reject bailout terms

Rediff.com6 Jul 2015

Greek Finance Minister Yanis Varoufakis announced his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package.

PM proposes, babu disposes

PM proposes, babu disposes

Rediff.com3 Jun 2015

'We should hope and pray that the PM's sentiment is not held ransom by machinations and craftiness of a few junior babus who throw in an imaginary impediment at every welfare measure and snigger and giggle at the sidelines every time a soldier is ill at ease,' says Major Navdeep Singh on the one rank one pension debate.

Confused about the Budget proposals? Please read this

Confused about the Budget proposals? Please read this

Rediff.com1 Mar 2015

Indian economy about to take-off