Rafael Nam

Indian exchanges cut ties to foreign bourses after government nod - sources

23 Feb 2018

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.

RBI panel warns on inflation as it monitors growth

21 Feb 2018

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.

RBI, in careful balancing act, keeps repo rate unchanged

08 Feb 2018

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".

RBI expected to keep rates on hold - for now

07 Feb 2018

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.

Preview: RBI seen holding rates, talking tough on inflation

06 Feb 2018

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.

SEBI faces legal challenge in probe over prescient messages

30 Dec 2017

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.

RBI policy panel urges vigilance against inflation - minutes

21 Dec 2017

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.

India's markets regulator probes prescient messages in WhatsApp groups

12 Dec 2017

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.

Preview: RBI, wary on inflation, set to keep rates on hold

05 Dec 2017

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.

S&P affirms India's rating at 'BBB-minus' with 'stable' outlook

25 Nov 2017

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.

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