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RBI more likely to cut rates in September, GDP growth steady - Reuters Poll

REUTERS - There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.

Recent Business News

China central bank injects 60 bln yuan via short-term liquidity operations

BEIJING - China's central bank said on Friday that it injected 60 billion yuan ($9.39 billion) into interbank money market via short-term liquidity operations (SLOs).

2:23pm IST

McDonald's, Tyson Foods drop farm after videotape shows animal cruelty

LOS ANGELES - McDonald's Corp and Tyson Foods both severed ties on Thursday with a Tennessee farm where workers were seen stabbing, clubbing and stomping on chickens in an undercover video shot by animal rights activists.

5:34am IST

Falling prices, not markets, the real headache for Chinese firms

NINGHAI, China - The dramatic collapse of China's stock markets has shaken global investors, but for Chinese factory executives the real problem is a decline of another kind - the remorseless erosion of profits thanks to nearly four years of price deflation.

Economy, 9:33am IST

China jitters, globalization bode ill for Fed's inflation goal

JACKSON HOLE, Wyo. - Wild swings in world financial markets this week have shown how events in China can potentially disrupt the Federal Reserve's carefully scripted policy plans. The turmoil, triggered by a rout in Chinese markets, also flagged a broader risk that the U.S. central bank may struggle to meet its inflation target until the rest of the world plays along.

10:33am IST

Sensex rises for second day; upbeat U.S. data calms nerves

REUTERS - India's stock markets rose more than 1.5 percent on Friday, heading for their second straight session of gains, as upbeat U.S. economic growth data calmed nerves after a bruising selloff in global equities earlier this week.

Top News, 2:00pm IST

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Sensex 26,334.53 + 103.34 +0.39%
Nikkei 19,136.32 + 561.88 +3.03%
Hang Seng 21,612.39 -226.15 -1.04%
EUR/INR 74.714 +0.73%
USD/INR 66.155 +0.27%
GBP/INR 101.75 +0.17%
Gold 1,126.00 +3.60 +0.32%
Oil 42.29 -0.27 -0.63%
Corn 364.50 +0.75 +0.21%

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Reserve Bank of India (RBI) Governor Raghuram Rajan listens to a question at a news conference after the bi-monthly monetary policy review in Mumbai, India, June 2, 2015. REUTERS/Danish Siddiqui/Files

RBI more likely to cut rates in September, GDP growth steady - Reuters Poll

There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.  Full Article | Related Story 

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