India
News analysis: India’s foreign exchange debate
A proposal for the Reserve Bank to part with some of its reserves risks setting a dangerous precedent, writes Narayan Lakshman
Indian cash reserve ratio increase
The Reserve Bank of India, the country's central bank, today left its key interest rates - the repurchase rate and the reverse repurchase rate - unchanged at 7.75% and 6% respectively, but increased the cash reserve ratio.
Geithner: challenges of global integration
Timothy F. Geithner, president of the Federal Reserve Bank of New York, said that there is growing concern in the US about long-term challenges facing the country, such as the perceived shift in the locus of economic growth away from the US toward Asia.
Fund raises 2007 and 2008 growth forecast
The July update of the World Economic Outlook (WEO) published on 25 July by the International Monetary Fund (IMF) increased the Fund forecast for global economic growth for 2007 and 2008 to 5.2%, from 4.9%.
India proposes regulation of moneylenders
A panel set up by the Reserve Bank of India, the country's central bank, has published proposals for legislation which would regulate unauthorised moneylenders. These can charge annual interest rates of up to 150% to farmers and other borrowers.
India mulls sovereign wealth fund
The government of India has decided to set up a "wholesale banking company" - its own version of a sovereign wealth fund - in a separate country with a mature financial system, according to reports in the Indian media.
RBI's Reddy on India's financial sector
YV Reddy, governor of the Reserve Bank of India, said "The critical task before the public policy, in general, and Reserve Bank of India, in particular, is to strengthen the structural factors in the economy but determinedly moderate the cyclical and…
Credit mis-pricing in India creates risks
Mis-pricing of credit risks by domestic bankers can both create systemic vulnerability and have implications for small borrowers, the deputy governor of the Reserve Bank of India, Rakesh Mohan, noted yesterday.
RBI's Mohan on capital account liberalisation
Speaking at a seminar in Paris, Rakesh Mohan, a deputy governor at India's central bank, discussed India's experiences in making monetary policy during capital account liberalisation.
Prospects for India's economy - Reddy
The Reserve Bank of India will try contain inflation at close to 5%, said Dr Y.V. Reddy, the central bank's governor, in a speech in Chile.
Risks rising for emerging markets - RBI's Reddy
Y.V. Reddy, the governor of the Reserve Bank of India, has warned that new financial market players and instruments, as well as greater market integration, mean that the risk of contagion to emerging economies may have grown.
RBI report on currency and finance
According to the Reserve Bank of India's annual report on currency and finance for 2005-06, released on 31 May, "it is imperative that the financial markets are developed further," if the risks of financial integration are to be mitigated.
India's Reddy seeks lower inflation
Reserve Bank of India governor Y.V. Reddy says curbing inflation while managing the transition to a higher-growth path was the central bank's "overarching policy challenge."
Too strong rupee?
This article from the International Herald Tribune suggests that calls are mounting on the Reserve Bank of India to stem the strengthening of the rupee.
The outlook for the Indian economy
In the speech Dr Y.V. Reddy, the governor of the Reserve Bank of India, discusses macroeconomic performance, the financial sector, the short term outlook, and the challenges and strengths of the Indian economy.
IMF's Rato at the MIT Latin Conference
In a speech given on 27 April Rodrigo de Rato of the IMF said Latin America's future is not entirely in its own hands.
Stock exchange chief urges BoT to cut rates
According to the head of Thailand's stock exchange, the central bank should cut interest rates faster to spur sluggish domestic spending and the flagging economy.
Is Reddy ready to raise rates?
With inflation rising in India, this article from Moneycontrol asks whether the Reserve Bank of India will tighten policy when it meets on Tuesday 24 April.
India's infrastructure could benefit from reserves
According to this article from Rediff News, published Monday 16 April, India is looking at the idea of using foreign exchange reserves for infrastructure investment.
IMF struggles to find a role on the global stage
According to this article from The Times, published Tuesday 10 April, both the IMF and the G7 are becoming outdated and toothless bodies as the world economic landscape is transformed by the rise of China, India and Brazil.
RBI concerned over inflation
The governor of the Reserve Bank of India is believed to have told money market dealers that it is concerned about the capital flows into the country, reported CNBC-TV18 on Tuesday 10 April.
RBI's Reddy on the role of monetary policy
In the speech 'Role of monetary policy in attaining growth with stability: The Indian experience' given on 2 April Y.V. Reddy of the Reserve Bank of India said India has a good story to tell the world on its performance relating to the role of monetary…
Guerrero says India's inflation well contained
India's annual inflation of 6.5 percent is not that high when considering the nation's strong economic growth, a senior World Bank official said in an interview this week.
RBI prefers indirect policy instruments
The Reserve Bank of India's governor, Yaga Venugopal Reddy, said on Monday 2 April in a speech that the RBI has a policy preference for indirect instruments to give effect to its monetary policy.