Rating agencies beware, RBI is watching you.
MUMBAI: The Reserve Bank of India (RBI) has stepped up its vigil on credit rating agencies much in line with the stance adopted by most central banks and multilateral agencies, following the recent turmoil in global financial markets. The central bank has told local rating agencies to...

Stocks to watch.
MUMBAI: Equities are seen sharply higher on Wednesday, pacing gains in global markets, following US Fed Chairman Ben Bernanke's $200 billion lifeline in a coordinated effort with other central banks to strained credit markets. In what could be a setback for Ranbaxy Laboratories, the government has endorsed...

Liquidity comfort may be shortlived.
(##include msid=2459375,type=9 ##)MUMBAI: Co-ordinated moves by five of the world's leading central banks to ease liquidity may not help the domestic debt market. Cash conditions in the money market are expected to get tighter by the end of this week. Funds worth more than Rs 35,000 crore are expected...

Financial Stability Forum tells banks: Come clean quickly on subprime losses.
Byline: Brian Love WASHINGTON, April 12 (Reuters) -- The world's industrialized powers urged banks on Friday to come clean quickly and clearly on losses incurred since the credit boom of recent years went belly-up last August. Banks, investors and credit rating agencies grossly underestimated the...

SEACEN discusses market turmoil.
JAKARTA, Mar. 21 (Reuters) -- Southeast Asian central bank governors, officially known as Southeast Asian Central Bank Governors (SEACEN), plus South Korea and Taiwan, discussed financial market uncertainty and dollar weakness at a meeting in Jakarta starting on Friday, Indonesian central bank officials said. The financial leaders...

RBI survey projects GDP growth at 8.1%.
(##include msid=2459375,type=9 ##) MUMBAI: For a government which is in firefighting mode on the inflation front, this could be cause for cheer. A survey conducted by the country's central bank among professional economic forecasters has indicated that the Indian economy could grow at a healthy...

Will RBI take Fed & ECB route on road to inflation salvation?
Byline: Priti Patnaik NEW DELHI: Hit by surging food and commodity prices, inflation is a problem on both sides of the Atlantic - for the US Federal Reserve and the European Central Bank (ECB) - but their responses have been markedly different. The reason, in large part,...

Inflation check a tough task for RBI, says Credit Suisse.
MUMBAI: If the government does not increase oil prices, inflation may not rise steeply. Yet, even without the hike, managing inflation expectations could be a major challenge for the central bank. Also, irrespective of the pass-through, the rupee would weaken and the current account deficit would widen. ...

Fitch Ratings reposes faith in India story.
MUMBAI: Despite the strain on the fisc on account of the oil price hike and tax cuts, Fitch Ratings does not want to revise India ratings at the moment. Fitch expects the central bank to continue with further tightening to tackle high inflation. "Notwithstanding the current subsidy...

RBI survey sees GDP growth at 8.1%.
(##include msid=2459375,type=9 ##) MUMBAI: For a government which is in firefighting mode on the inflation front, this could be cause for cheer. A survey conducted by the country's central bank among professional economic forecasters has indicated that the Indian economy could grow at a healthy...