The Reserve Bank of India (RBI) cut its repo rate by 50 basis points (bps) on Tuesday and not by 25 bps as widely expected, because it has a better
A fortnight before the 2012-13 annual monetary policy, which may lower interest rates, RBI governor D Subbarao today discussed the economic situation with Finance Minister Pranab Mukherjee here. "Today's meeting
Reserve Bank of India Governor Duvvuri Subbarao said it pays to be unpredictable when it comes to intervening in the foreign exchange market as this approach makes intervention policy more
Cautioning the government that excessive borrowing is bad, Reserve Bank Governor D Subbarao today urged the government to put a cap on the public debt as it would hurt growth.
The Reserve Bank of India's move to cut the cash reserve ratio (CRR) for banks is aimed at permanently addressing the structural liquidity deficit, RBI Governor Duvvuri Subbarao said in
It is important to bring down inflation and inflationary expectations to sustain growth RBI governor Duvvuri Subbarao said on Friday.
Higher wages were translating into demand pressures he
Ending months of suspense Prime Minister Manmohan Singh today gave a two-year extension to RBI Governor D Subbarao beyond September.
"The Prime Minister approved the extension to D Subbarao
India needs to raise interest rates to restrain inflation, said Duvvuri Subbarao, governor of the Reserve Bank of India, on Monday.
Restraining inflation will ensure medium-term economic growth is sustainable,
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