Indian Economy Stabilises
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Indian Economy Made Solid Recovery Despite Global Challenges: RBI Governor
Reserve Bank Governor Shaktikanta Das on Wednesday said that the Indian economy has made a solid recovery and is among the fastest-growing large economies despite heightened uncertainties and formidable headwinds.
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Strong Performance Of Indian Banks To Continue: S&P Global Ratings
S&P Global Ratings today said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve.
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Foreign Exchange Reserves Rise To Near 6-Month High Of $573.7 Billion
In the week to Jan. 13, the reserves stood at $572 billion. The RBI has intervened to buy dollars as the Indian rupee has stabilised, according to forex market participants.
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Coronavirus Pandemic: SIAM Welcomes Finance Minister's New Announcements For Relaxation Of Norms
The Society of Indian Automobile Manufacturers (SIAM) has welcomed the Finance Ministry's decision in the wake of the COVID-19 pandemic. Earlier today, Finance Minister Nirmala Sitharaman announced a range of steps for the extension of statutory and regulatory compliances in order to stabilise the Indian economy. The central government has formed a...
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Auto Asset-Backed Loans Stabilise In January: Moody's
The performance of rated Indian auto asset-backed securities (ABS) is not expected to deteriorate beyond March 2017, Moody's said in a statement.
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Growth Recovery In India Becoming More Broad-Based: Morgan Stanley
According to the report, growth in the emerging market economies including India are stabilising at low levels.
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India Needs to Build on Rupee Stabilisation: Economic Survey
Attributing the rupee fall in 2013 to frictional forces and speculations in the forex market, the Economic Survey has said the currency has stabilised, reflecting an overall sense of confidence, and that the government should build on this optimism to improve investment flows.
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Raghuram Rajan hints at pause in rate hikes
Dr Rajan added the Indian rupee would be considered to have stabilised only when oil demand has returned to markets, while adding the special swap window currently provided by the central bank would be tapered gradually.
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Inflation adds to headaches for Rajan's first meeting
Rajan has already warned he does not have a "magic wand" to deal with India's economic crisis, but dubbed "The Guv" by a gushing Indian media, hopes are high he can find a formula to stabilise the rupee, calm inflationary pressure and at the same time spark a revival in economic growth.
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Rupee leads Asia forex gains on China stabilisation hopes
The Indian rupee led gains in emerging Asian currencies on Tuesday as investors hoped that further data from China would add to evidence that the world's second-largest economy is stabilising.
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India must not hurt growth in rupee defence: Rajan
India must ensure its moves to stabilise the rupee do not stifle growth, Raghuram Rajan, Chief Economic Adviser to the Finance Ministry, said on Monday, a day before the Reserve Bank of India (RBI) meets on monetary policy.
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India's macro economic environment challenging: Morgan Stanley
Growth indicators for the Indian economy are showing signs of stabilisation but the macro economic environment still remains challenging, particularly with regards to inflation, says a Morgan Stanley report.
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Steps will be taken to stabilise falling Rupee, says PM
With the Rupee hitting a record low over Rs 57 a dollar, Prime Minister Manmohan Singh has expressed confidence that some measures being taken to tackle fiscal management will help return the Indian currency to a "more stable" path.
-
Indian Economy Made Solid Recovery Despite Global Challenges: RBI Governor
Reserve Bank Governor Shaktikanta Das on Wednesday said that the Indian economy has made a solid recovery and is among the fastest-growing large economies despite heightened uncertainties and formidable headwinds.
-
Strong Performance Of Indian Banks To Continue: S&P Global Ratings
S&P Global Ratings today said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve.
-
Foreign Exchange Reserves Rise To Near 6-Month High Of $573.7 Billion
In the week to Jan. 13, the reserves stood at $572 billion. The RBI has intervened to buy dollars as the Indian rupee has stabilised, according to forex market participants.
-
Coronavirus Pandemic: SIAM Welcomes Finance Minister's New Announcements For Relaxation Of Norms
The Society of Indian Automobile Manufacturers (SIAM) has welcomed the Finance Ministry's decision in the wake of the COVID-19 pandemic. Earlier today, Finance Minister Nirmala Sitharaman announced a range of steps for the extension of statutory and regulatory compliances in order to stabilise the Indian economy. The central government has formed a...
-
Auto Asset-Backed Loans Stabilise In January: Moody's
The performance of rated Indian auto asset-backed securities (ABS) is not expected to deteriorate beyond March 2017, Moody's said in a statement.
-
Growth Recovery In India Becoming More Broad-Based: Morgan Stanley
According to the report, growth in the emerging market economies including India are stabilising at low levels.
-
India Needs to Build on Rupee Stabilisation: Economic Survey
Attributing the rupee fall in 2013 to frictional forces and speculations in the forex market, the Economic Survey has said the currency has stabilised, reflecting an overall sense of confidence, and that the government should build on this optimism to improve investment flows.
-
Raghuram Rajan hints at pause in rate hikes
Dr Rajan added the Indian rupee would be considered to have stabilised only when oil demand has returned to markets, while adding the special swap window currently provided by the central bank would be tapered gradually.
-
Inflation adds to headaches for Rajan's first meeting
Rajan has already warned he does not have a "magic wand" to deal with India's economic crisis, but dubbed "The Guv" by a gushing Indian media, hopes are high he can find a formula to stabilise the rupee, calm inflationary pressure and at the same time spark a revival in economic growth.
-
Rupee leads Asia forex gains on China stabilisation hopes
The Indian rupee led gains in emerging Asian currencies on Tuesday as investors hoped that further data from China would add to evidence that the world's second-largest economy is stabilising.
-
India must not hurt growth in rupee defence: Rajan
India must ensure its moves to stabilise the rupee do not stifle growth, Raghuram Rajan, Chief Economic Adviser to the Finance Ministry, said on Monday, a day before the Reserve Bank of India (RBI) meets on monetary policy.
-
India's macro economic environment challenging: Morgan Stanley
Growth indicators for the Indian economy are showing signs of stabilisation but the macro economic environment still remains challenging, particularly with regards to inflation, says a Morgan Stanley report.
-
Steps will be taken to stabilise falling Rupee, says PM
With the Rupee hitting a record low over Rs 57 a dollar, Prime Minister Manmohan Singh has expressed confidence that some measures being taken to tackle fiscal management will help return the Indian currency to a "more stable" path.
