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The Independent
| 11 months ago
There was a time when I would rather die than live with the guilt that came after drinking the nutri... Today is the day where doctors (some not all) take industrial action over government planned pension.....The big question for me is how are...
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MarketWatch
| 11 months ago
Stocks bucked the broader trend in Asia, hit by further evidence of a slowdown in China's manufacturing and by disappointment over a lack of major stimulus measures by the Federal Reserve. The resulting strength in the U.S. dollar led the rupee to...
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International Business Times
| 11 months ago
Japan 's first trade shortfall with the EU, along with its rising level of government debt, could make the country an increasingly unsafe destination for U.S investors. Share This Story The decline in Japan 's trade surpluses over the past four years...
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The Economic Times
| 11 months ago
The European Central Bank is discussing a medium-term plan to scrap rating rules on euro zone sovereign bonds and instead set their value when used as collateral in lending operations on its own internal assessment, central bank sources said. With...
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The Economic Times
| 11 months ago
Amid a barrage of criticism from various global agencies on economy, and rating outlook downgrades, the government has come out with a 'fact book' listing the strengthens of India such as political stability and sound financial system. Emphasising...
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Daily News & Analysis
| 11 months ago
A day after global rating agency Fitch downgraded to negative the credit outlook of 12 Indian financial institutions, the government today said there was no reason for such action. "We don't find any reason whatsoever that why Indian banks should be...
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NewKerala
| 11 months ago
The partially convertible rupee was trading weak for the fourth consecutive session. The rupee opened weak at 56.40 against a dollar and hit a record low of 56.57 at around 1.23 p.m. at the Interbank Foreign Exchange market, breaching its previous...
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The Economic Times
| 11 months ago
organ on Thursday upgraded Indian equities to "overweight" from "neutral", citing a number of factors including historic valuations, expectations for monetary stimulus , lower oil prices, and a weak rupee. The investment bank, in a report dated June...
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The Economic Times
| 11 months ago
Rupee fell on Thursday to its lowest since hitting a record low against the dollar on May 31, as disappointment about the scope of U.S...Traders were on watch for any potential intervention from the Reserve Bank of India to defend the currency, as...
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The Economic Times
| 11 months ago
T T Ram Mohan, Professor, IIM-Ahmedabad So you think India is doing badly? Sample this: China's growth rate in the second quarter of the year is expected to dip below 7%. India's growth rate has tended to be, in general, two to three percentage...
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Time of India
| 11 months ago
The rupee slipped beyond 56 level as the domestic currency slipped for the third consecutive day as rating agency Fitch lowered the outlook of Indian banks and financial institutions. The local currency ended the day to close at 56.15 against the...
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The Economic Times
| 11 months ago
The rupee weakened for a third consecutive session on Wednesday to end below 56 to the dollar for the first time in June, as dollar demand from oil firms weighed, setting up the prospect of central bank intervention. The rupee is approaching a record...
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The Economic Times
| 11 months ago
The credit ratings of European insurers would be cut if Greece was to suffer a disorderly exit from the euro, hit by a slump in the value of their investments, credit rating agency Fitch said on Wednesday. Worst-hit would be those in fiscally-...
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India Abroad
| 11 months ago
T he list of downgraded entities include six government banks (including an international banking subsidiary of a government bank), two private banks...Besides two wholly owned government institutions -- Export-Import Bank of India and Housing and...
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The Economic Times
| 11 months ago
In yet another blow to investor sentiment, Fitch Ratings on Wednesday revised the outlook of Indian Financial institutions to negative from stable. Bank, Punjab National Bank ( PNB ), Axis Bank among others has been reduced to negative...However, the...
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NewKerala
| 11 months ago
It was crucial that the RBI check demand pressures while the government sought to ease bottlenecks, particularly in food distribution, governor D Subbaro said, in his first comments since a controversial decision on Monday to not lower key interest...
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Times of Oman
| 11 months ago
India's rupee dropped to the lowest level in more than two weeks on speculation foreign investors will slow purchases of the nation's stocks after the central bank unexpectedly kept borrowing costs unchanged. The Reserve Bank of India's benchmark...
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Business World
| 11 months ago
The country remains rated BB+, one notch below investment grade, with a stable credit outlook. "The ratings and outlook are supported by strong external finances, a track record of macroeconomic stability, favorable economic prospects and falling...
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Japan Times
| 11 months ago
Overseas investors owned 8.3 percent of JGBs as of the end of the fiscal year in March, the Bank of Japan said in a report Tuesday. This was the most since the end of fiscal 1979, the earliest for which comparable data are available. On a quarterly...
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NewKerala
| 11 months ago
Finance Minister Pranab Mukherjee said this in New Delhi on Tuesday. Fitch Ratings cut its credit outlook for India to negative from stable, nearly two months after rival Standard and Poor's made a similar call, citing risks that India's growth...
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GMA News
| 11 months ago
It was the second fastest GDP growth in Asia next to China and surpassed the government forecast of 5.2 percent. Fitch sees the Philippine output at a faster 5.5 percent this year from 3.9 percent last year and from 7.6 percent in 2010, said...
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Indian Express
| 11 months ago
M '+google_ads[i].line2 +' '+google_ads[i].line3 + ' Agencies : New Delhi, Tue Jun 19 2012, 14:04 hrs The government is taking steps to improve inflow of foreign investment and the impact of the initiatives will become visible after some time,...
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The Hindu
| 11 months ago
The Bombay Stock Exchange benchmark Sensex recovered by over 88 points in early trade Tuesday after Monday's steep fall on emergence of buying by funds and retail investors even as rating agency Fitch lowered India's credit rating outlook to negative.
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Daily News & Analysis
| 11 months ago
Hours after Reserve Bank of India (RBI) governor Duvvuri Subbarao ignored finance minister Pranab Mukherjee's covert goading, Fitch Ratings downgraded India's outlook to negative from stable. The move on Monday comes just a week after rival Standard &...
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BBC
| 11 months ago
Fitch warned India's growth potential "will gradually deteriorate if further structural reforms are not hastened". It also added that the government had made little progress on reducing its deficit. The downgrade comes just days after Standard & Poor'...
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Indian Express
| 11 months ago
RBIs middle game '+google_ads[i].line2 +' '+google_ads[i].line3 + ' That rates remain unchanged could indicate it was given no clear political message The Reserve Bank of India has decided that data on growth slowdown is still mixed but that on...
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The Economic Times
| 11 months ago
Global rating agency Fitch has joined Standard & Poor's in lowering India's outlook to negative from stable, citing stalled structural reforms, high inflation and limited progress on fiscal consolidation. However, the government was quick to rubbish,...
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Times of India
| 11 months ago
Fitch's downgrade of its outlook on the Indian economy comes close on the heels of S&P last week unveiling a report which strongly criticised the government's inability to move ahead with economic reforms and referred to cracks in the ruling...
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International Business Times
| 11 months ago
The surprise decision Monday by the Reserve Bank of India to hold its interest rate steady because of inflation concerns pressures the ruling Congress Party to find a fiscal solution to the country's flagging economy. Share This Story The RBI left...
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Voice of America
| 11 months ago
VOA News June 18, 2012 India's central bank kept interest rates unchanged Monday in a bid to curb inflation, despite pressure to cut rates to spur lagging economic growth. The Reserve Bank kept the rate at 8 percent, and the cash reserve rate for...
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Times of India
| 11 months ago
India's annual monsoon rains have covered almost half of the country, showing signs of a pick-up after falling short in the first 15 days of the season, weather officials said on Monday. The rebound eases concerns about the planting of summer-sown...
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International Business Times
| 11 months ago
India 's central bank surprised global markets Monday by holding its key interest rate steady at 8 percent as concerns over inflation trumped worries about the nation's slowing economy. The move to keep the so-called policy repo rate unchanged...
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DAWN
| 11 months ago
Fitch Ratings downgraded India's credit outlook from stable to negative Monday, saying that the country's growth potential will deteriorate without a quickening of structural reforms. The latest blow to India's economy follows a similar downgrade by...
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International Business Times
| 11 months ago
Fitch Ratings lowered the outlook on India 's BBB- credit rating to negative from stable and warned that it could be downgraded to junk status if the country's growth, policymaking and governance deteriorated further. Share This Story "Against the...
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Turks and Caicos Free Press
| 11 months ago
India 's central bank left interest rates and required bank reserves unchanged on Monday, defying widespread expectations for a rate cut and warning that relaxing policy could worsen inflation...The Reserve Bank of India kept its policy repo rate...
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AP Online
| 11 months ago
India (AP) — India's central bank left its key interest rate unchanged Monday due to inflation concerns, thwarting hopes of a rate cut to kickstart flagging growth in Asia's third-largest economy.
The Reserve Bank of India said the...
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Indian Express
| 11 months ago
The central bank kept its policy repo rate unchanged at 8 per cent and left the cash reserve ratio for banks at 4.75 per cent. Further reduction in the policy interest rate at this juncture, rather than supporting growth, could exacerbate...
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The Economic Times
| 11 months ago
The Reserve Bank of India (RBI) on Monday kept the cash reserve ratio ( CRR ) unchanged at 4.75 per cent. No cut in the repo rate was announced, maintaining it at 8 per cent. RBI in its monetary policy review said that while growth has moderated,...
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BBC South Asia
| 11 months ago
India central bank expected to cut interest rate The rising cost of food has been a threat to India's economic growth India's central bank, the Reserve Bank of India (RBI), is expected to lower its interest rates in a bid to spur growth in the...
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The Economic Times
| 11 months ago
With the growth staggering to astonishingly dismal levels, all eyes are on the Reserve Bank of India (RBI)'s monetary policy review, to provide an impetus to the Indian economy. However, according to an ET Now Poll of analysts, 65 per cent expect the...
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NewKerala
| 11 months ago
Data showed last month that India's economy grew at a nine-year low of 5.3 percent in the January-March quarter, reinforcing concerns about the country's economy plagued by stubborn inflation, a gaping deficit and government policy deadlock. Indias...
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The Hindustan Times
| 11 months ago
Reserve Bank of India is expected to cut interest rates on Monday in a bid to breathe fresh life into a sputtering economy even as inflation remains uncomfortably high. After cutting its policy rate by 50 basis points to 8.00% in April, the Reserve...
