MUMBAI India's government fully endorses a dramatic move by domestic exchanges to cut off data to global bourses, sources familiar with the matter said, seeing it as vital to lure foreign investments into the country from Singapore and other financial centres.
MUMBAI Minutes from the Reserve Bank of India's meeting this month showed monetary policy committee members expressing concerns about accelerating inflation, although that was also tempered by uncertainty about the strength of an economic recovery.
MUMBAI The Reserve Bank of India (RBI) on Wednesday kept its main repo rate on hold and retained its "neutral" stance, warning that it will closely monitor accelerating inflation but also saying economic growth needs to be "carefully nurtured".
MUMBAI The Reserve Bank of India, meeting amid a global market storm, is widely expected to keep its key rate on hold on Wednesday, but toughen its rhetoric as inflation has accelerated sharply, making an increasing number of analysts see a hike this year.
MUMBAI The Reserve Bank of India (RBI) is likely to keep its policy rate on hold this week, but could toughen its warnings against inflation, economists say, laying the ground for a hike in 2018 after prices accelerated at the fastest pace in 17 months.
MUMBAI A series of raids by India's market regulator, investigating whether corporate announcements were prematurely leaked by market participants in social media chatrooms, were the largest it has conducted.
MUMBAI Minutes from the Reserve Bank of India's most recent policy meeting released on Wednesday showed members of the policy panel growing increasingly concerned about inflation, with some issuing sharp warnings against being complacent.
MUMBAI India's market regulator is "seriously" looking into the issue of prescient messages on company results circulated by market insiders in private WhatsApp groups, its chairman said on Tuesday, a sign the investigation is gaining momentum.
MUMBAI The Reserve Bank of India (RBI) looks set to keep its policy rate on hold on Wednesday, after inflation accelerated to a seven-month high and stronger economic growth reduced the need for monetary stimulus.
MUMBAI Standard & Poor's stuck with its "BBB-minus" sovereign rating and "stable" outlook for India on Friday, declining to follow Moody's recent decision to upgrade the country's rating, citing low income levels, high debt and weaker government finances.