Edition:
United States

Swati Bhat

India's current account under threat if oil surge continues: RBI

Sep 16 2019

MUMBAI India's current account and fiscal deficit could take a hit if oil prices continue to rise after an attack on Saudi Arabian oil facilities over the weekend, the central bank chief said on Monday.

UPDATE 1-India's current account under threat if oil surge continues-cenbank

Sep 16 2019

MUMBAI, Sept 16 India's current account and fiscal deficit could take a hit if oil prices continue to rise after an attack on Saudi Arabian oil facilities over the weekend, the central bank chief said on Monday.

UPDATE 1-Indian markets fall as oil surges; gov't growth measures fail to cheer

Sep 16 2019

MUMBAI, Sept 16 Indian government bonds dropped to over two-month lows and the rupee snapped a seven-day winning streak on Monday, following a surge in global crude oil prices which clouded the outlook for further interest rate cuts by the Reserve Bank of India.

Indian banks unlikely to sharply trim lending rates despite new norms

Sep 05 2019

MUMBAI The Reserve Bank of India's move to compel lenders to link all new floating rate retail loans to external benchmarks is unlikely to achieve the intended goal of reducing interest rates sharply for consumers anytime soon, bankers and analysts said.

Indian banks unlikely to sharply trim lending rates despite new norms

Sep 05 2019

MUMBAI, Sept 5 The Reserve Bank of India's move to compel lenders to link all new floating rate retail loans to external benchmarks is unlikely to achieve the intended goal of reducing interest rates sharply for consumers anytime soon, bankers and analysts said.

India bonds at three-week high, rupee gains after RBI payout to government

Aug 27 2019

MUMBAI Indian bonds edged up to their highest in three weeks while the rupee rose after the Reserve Bank of India (RBI) approved the transfer of a much higher-than-expected dividend to the government, soothing concerns of fiscal slippage.

India bonds at 3-week high, rupee gains after RBI payout to govt

Aug 27 2019

MUMBAI, Aug 27 Indian bonds edged up to their highest in three weeks while the rupee rose after the Reserve Bank of India (RBI) approved the transfer of a much higher-than-expected dividend to the government, soothing concerns of fiscal slippage.

Government gets windfall gain from RBI; raises expectation for stimulus

Aug 27 2019

NEW DELHI/MUMABI The Indian government will receive a windfall from the Reserve Bank of India (RBI) in the current financial year thanks to a much higher-than-expected dividend, allowing Prime Minister Narendra Modi’s administration to provide a tottering economy with additional fiscal stimulus.

UPDATE 1-India govt gets windfall gain from RBI; raises expectation for stimulus

Aug 26 2019

* Higher-than-expected dividend fuels stimulus hopes (Adds details, quote)

Weak growth is highest priority: RBI policy minutes

Aug 21 2019

MUMBAI Fixing India's weak growth has become the highest priority while a benign inflation outlook has given the central bank room to cut rates although transmission remains inadequate, monetary policy committee meeting minutes showed.

World News