RBI Policy Review
BERLIN - It was never going to be an exciting game given the empty stands in the Khimki Arena but Bayern Munich's 1-0 Champions League win at CSKA Moscow on Tuesday highlighted the Germans' need to make their dominance count more effectively.
MUMBAI - The Reserve Bank of India (RBI) sent a strong signal on Tuesday that it will refrain from cutting interest rates until it is confident that consumer inflation can be reduced to a target of 6 percent by January 2016.
From ET Now
Robert Parker, senior advisor at Credit Suisse, tells ET NOW that investors want to see stability in the RBI's monetary policy to tackle high inflation. He believes rates could only ease in Q4FY15 when inflation is expected lower below 8 percent. Video