rate cut

Inflation remains main concern against rate cuts: RBI policy minutes

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[ NEW DELHI: Inflation continues to remain the main concern for the Reserve Bank of India’s monetary policy committee members before it goes ahead and loosens its stance on key interest rates.As per the Minutes of the latest monetary policy meeting released on Friday, there have been several mentions of uncertainties around inflation. Going ahead, … Read more

RBI’s early rate-cut hopes dim as inflation risks linger

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[ NEW DELHI: The Reserve Bank of India will likely keep interest rates unchanged Friday, with chances of an early cut fading after the government warned of a coming heatwave and the economy grew faster than expected.The central bank will likely keep its benchmark repurchase rate at 6.5% for a seventh straight policy meeting, according … Read more

China stocks jump after rate cut as markets await US tech earnings

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[ HONG KONG: Hong Kong and Shanghai stocks jumped Wednesday after Beijing’s latest measures to boost the stuttering economy, but declines on Wall Street weighed on other Asian markets.China’s central bank rate-cut on Tuesday is among measures intended to rally dwindling growth as the world’s second-largest economy battles a prolonged property-sector crisis and a global … Read more