Edition:
India

Suvashree Choudhury

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

11 Jul 2017

As GST kicks in, concerns about core inflation rise

MUMBAI/NEW DELHI Indians have started paying more for items ranging from movie tickets to cholesterol tests, thanks to the new goods and services tax, and that raises the prospect the central bank will grow more cautious about cutting interest rates deeply.

21 Jun 2017

RBI rate panel dissenter wanted 50 bp cut, rest watching inflation - minutes

MUMBAI The Reserve Bank of India's monetary policy committee wants more evidence that inflation has sustainably fallen below its target before deciding whether to lower interest rates, minutes from its last meeting showed on Wednesday.

08 Jun 2017

RBI keeps key interest rate unchanged, cuts inflation projections

MUMBAI The Reserve Bank of India (RBI) lowered inflation projections and delivered a slightly less hawkish policy statement on Wednesday, as it left key interest rates unchanged while waiting to be more sure that inflation will stay subdued.

07 Jun 2017

RBI tightens rules for masala bonds issuances

MUMBAI The Reserve Bank of India on Wednesday tightened rules for Indian companies raising rupee-denominated bonds, also known as masala bonds, in a move aimed at closer oversight of a nascent market and getting long-term investors.

07 Jun 2017

India's 10-year bond rallies on less hawkish RBI

MUMBAI/BENGALURU India's 10-year bonds rallied to their highest in nine weeks and banking shares rose to a record high after the central bank cut its inflation projection and issued a less hawkish statement, while lowering a key bond reserve lever for lenders.

07 Jun 2017

RBI seen holding rates steady, expected to sound less hawkish

MUMBAI India's central bank will likely strike a less hawkish tone while leaving interest rates unchanged at a policy meeting on Wednesday, according to analysts, as inflation is running well below forecasts, and the economy has slowed more than expected.

06 Jun 2017

India seen holding rates steady, RBI expected to sound less hawkish

MUMBAI India's central bank will likely strike a less hawkish tone while leaving interest rates unchanged at a policy meeting on Wednesday, according to analysts, as inflation is running well below forecasts, and the economy has slowed more than expected.

05 Jun 2017

Birla Sun Life Mutual Fund bets on RBI overestimating inflation threat

MUMBAI One of India's largest bond investors, Birla Sun Life Mutual Fund, has stacked up holdings of longer-dated paper in a bold, contrarian bet that central bank policy makers are wrong to expect an acceleration in inflation.

23 May 2017

RBI outlines broad plans on $150 billion bank bad loan resolution

MUMBAI The Reserve Bank of India (RBI) outlined on Monday the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the country's banks.

17 May 2017

Small businesses suffer as India's bruised banks sit on deposits

NEW DELHI/MUMBAI Businessman Vineet Pandey has 500 housekeepers, security guards, electricians and plumbers on his books, servicing offices in India's booming financial metropolis Mumbai. He would love to hire more to keep up with demand, but cannot get a bank loan.

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