RBI Stories
MLB Trade Rumors: Kevin Youkilis May Be Dealt by the Red Sox
Kevin Youkilis has been a staple in the Red Sox lineup since they won the World Series in 2004. However, that soon may change.
[Video] Josh Hamilton Hits Four Homeruns in a 10-3 Win Over Baltimore
Hamilton went 5-for-5 in the game with four home runs.
Josh Hamilton Hits Four Home Runs, Makes History in Baltimore [VIDEO]
Here is a video of each of Josh Hamilton's four home runs.
India?s Central Bank Intervenes To Protect Weak Rupee; Trade Deficit And Tax Law Impacting Foreign Investment
The sharp decline in the Indian rupee coupled with strong demand for the dollar forced the Reserve Bank of India (RBI) to intervene and announce measures to ease the pressure on of the rupee.
Indian Rupee Continues To Be Volatile, Dips To Four Month Low Due To Trade Deficit And Strong Dollar
Indian Rupee dropped to four-months-low of 53.83 at midsession before closing at 53.41/42 against dollar on Thursday, despite Reserve Bank of India's's suspected interventions. Rupee has been continuing its steady fall and the analytics are expecting the Indian currency to touch an all time low of 55.00 per dollar within a short period.
India?s Manufacturing Activity Improved In April: HSBC PMI
India's manufacturing activity improved in April compared to previous month, according to the HSBC flash Purchasing Managers Index (PMI) released Wednesday.
Delmon Young Apologizes for Hate Crime Arrest
Delmon Young apologized to his team and Tiger's fans just before being arraigned on hate-crime charges in New York City.
Bryce Harper Videos: How Baseball's Top Prospect Made it From High School to the Major Leagues
Bryce Harper makes his debut for the Washington Nationals tonight against the Los Angeles Dodgers.
IMF Lowers India?s Growth Forecast For 2012 To 6.9% On Investment Slowdown
The International Monetary Fund has reduced the growth forecast of India for this year citing a slowdown of investment and governance problems.
India's Long-Term Growth Potential Is 8-9%, S&P Negative Ratings Won?t Effect Investments: Montek
Despite global credit rating agency S&P's negative outlook of India's long-term credit rating, deputy chairman of the Planning Commission Montek Singh Ahluwalia has said that the country has a long-term growth potential of 8 to 9 percent.
RBI Proposes Banks Reduce Exposure To Gold Loan Companies
The Reserve Bank of India (RBI) has asked banks to reduce their exposure to non-banking financial companies (NBFCs), which have given loans mostly against gold, sending shares of such companies sharply lower.
Asian Stocks Fall On Chinese FDI, Spain Concerns
Most of the Asian stock markets ended lower Tuesday after data showed that foreign direct investment (FDI) into China declined for the fifth month in a row.
India Cuts Main Interest Rate By 0.5% To Boost Growth
The Reserve Bank of India (RBI) surprised markets with a 50 basis point cut in the main interest rate, the first policy easing in three years, as focus turned to lifting lending controls and tackling a slowdown in the economy.
Asian Stocks Decline; Eurozone Worries Offset China’s Yuan Move
Asian stock markets ended lower Monday as surge in Spain's borrowing costs renewed concern over the eurozone debt crisis.
Reserve Bank Of India Likely To Cut Repo Rate
The Reserve Bank of India (RBI) is expected to ease rates when it announces the annual credit policy on Tuesday, in order to lift constraints on lending and in a response to the continued shortage of liquidity in the banking sector faced with a slow moving economy.
Asian Manufacturing Firms Up, China PMI Hits 11-Month High
(Reuters) - Asia's manufacturers stepped up the pace in March to fill an influx of new orders as Europe's debt crisis subsided and U.S. growth picked up, dispelling some of the gloom that had shrouded the global economy.
Reserve Bank of India Cuts Cash Reserve Ratio by 75 bps to Ease Liquidity
The Reserve Bank of India (RBI) made the decision on Friday to cut its cash reserve ratio (CRR) by 75 basis points in a response to continued shortage of liquidity in the banking sector.
India's Economic Growth Weakest in 3 Years; Q3 GDP Grows at 6.1 Percent
India's economic growth slowed to its weakest annual pace in almost three years in the three months to December, as high interest rates and rising input costs constrained investment and manufacturing. GDP rose 6.1 percent in October to December compared with a year earlier, a lower-than-expected increase, figures from the statistics office showed.
Majority of External Panel Members Wanted Repo Rate Cut: RBI
A majority of external members of the Reserve Bank of India's advisory panel on monetary policy had suggested a cut in the repo rate at the January monetary policy review, minutes released by the central bank showed.
Rupee Falls on Dollar Purchases by Banks
The rupee fell on Thursday, weighed by dollar purchases by some state-owned banks, negative local equities and caution over prolonged Greek bailout discussions.
Rupee Marginally Up Due to Dollar Inflows
The rupee nudged up on Wednesday supported by dollar inflows, but a pick-up in greenback buying by local companies and fears of profit-booking after last month's sharp rally kept the mood jittery.
Booming Indian Stock Markets May Not Show Its Economic Reality
Surging capital inflows, booming stock markets and a fast-appreciating currency suggest the India story is again shining after a dismal 2011.
RBI’s Prohibitory Notice Prompts Manappuram to Hold Board Meeting
Manappuram Finance Ltd (MNFL.NS), which provides loans using gold as collateral, said on Tuesday its board will meet on February 10 to discuss a Reserve Bank of India (RBI) notice that prohibited it from accepting or renewing deposits from the public.
The Hottest U.S. Real Estate Markets: Washington, D.C.
The nation's capital has been a leader when it comes to real estate. While much of the country's housing market continues to languish, Washington D.C. and the surrounding area have seen tight inventory and price growth in recent months.
Rupee Hits 3-month High
The rupee hit a three-month high on Thursday, encouraged by gains in domestic equities, and after manufacturing data in China and Germany boosted investor appetite in high-yielding emerging market assets.
India Won’t Cut Iranian Oil Import, Says Mukherjee
India, the world's fourth-largest oil consumer, will not take steps to cut petroleum imports from Iran despite U.S. and European sanctions against Tehran, finance minister Pranab Mukherjee said on Sunday during a visit to Chicago.
RBI May Intervene in Forward Foreign-Exchange Market: Source
The Reserve Bank of India (RBI) may intervene in the forward foreign exchange market, in addition to the spot market, to help manage liquidity in the banking system, a central bank source said on Friday.
Rupee Sees Little Change; Oil Demand Seen
The rupee was little changed in narrow-band trade on Wednesday as month-end dollar demand from oil importers offset positive local shares.
BSE Sensex Slightly Up; Infosys, TCS gain
The BSE Sensex nudged higher on Wednesday, a day after the RBI indicated it would support growth, raising expectations for more foreign fund investments.
Jorge Posada Retires: Is the Yankees Catcher Hall of Fame Worthy?
Longtime New York Yankees catcher Jorge Posada will officially announce his retirement on Tuesday after 17 seasons with the Bombers.