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NEWS FEED

The Bank of Canada delivered a 50bps rate cut on expected lines taking the policy rate to the 3.25% threshold while indicating that it could slow the pace of easing going forward.

1 Days ago

The new RBI governor, Sanjay Malhotra assumes office today. Market expects rate cut by the RBI’s Monetary Policy Committee in February and to adopt a more flexible approach to policies concerning the USDINR exchange rate. In media briefing, new Governor stated that his focus will be on the best interests of the economy

2 Days ago

The Appointments Committee of the Cabinet has appointed Sanjay Malhotra, the current revenue secretary, as the new governor of the Reserve Bank of India for a three-year term. He will replace Shaktikanta Das who has served a six-year period as the Governor.

3 Days ago

China’s consumer inflation decelerated in November at 0.2% YoY, in a sign government efforts to support the economy and sentiment haven’t been enough to turn around the weak demand.

4 Days ago