Tag Archives: Policy

RBI To Announce Monetary Policy Decision On Wednesday

Mumbai: The Reserve Bank will come out with monetary policy review, the first after demonetisation of old Rs 500/1000 notes, on Wednesday amid expectations of interest rate cut. “The Monetary Policy Committee (MPC) will meet on December 6 and 7, 2016 for the Fifth Bi-monthly Monetary Policy Statement for 2016-17. “The resolution of the MPC will be placed on the ... Read More »

Fuel Prices, RBI Policy To Fuel Passenger Vehicle Demand In 2017: Fitch

Chennai: Low fuel prices coupled with an accommodative monetary policy from the Reserve Bank of India (RBI) is what credit rating agency Fitch Ratings expects to support demand for passenger vehicles in 2017. According to Fitch, the demonetisation of 500/1,000-rupee notes would impact sales of luxury cars and not sales of other automobiles — two wheelers, small cars and commercial ... Read More »

G20 to Say World Needs to Look Beyond Ultra-Easy Policy for Growth

Shanghai: The world’s top economies are set to declare on Saturday that they need to look beyond ultra-low interest rates and printing money if the global economy is to shake off its torpor, and renew focus on structural reform to spark activity. A draft of the communique to be issued by the Group of 20 (G20) finance ministers and central ... Read More »

ECB Says Ready to Ease Policy Further in March

ECB President Mario Draghi dismissed criticism that the central bank was running out of ammunition. Brussels/Frankfurt: The European Central Bank is ready to ease policy further in March, President Mario Draghi said on Monday, highlighting risks from financial market volatility, a global slowdown in growth and low oil prices. The ECB will examine risks emanating from weaker emerging market growth ... Read More »

Strategic Stake Sale Policy Soon: Secretary

New Delhi: More than a decade after privatisation of PSUs was scrapped, the government will very soon come out with a comprehensive policy for strategic stake sale that will detail the mode as well as valuation methodology for outright sale of even profit making companies. The previous NDA government led by Atal Bihari Vajpayee had between 1999 and 2004 privatised ... Read More »