INSUBCONTINENT EXCLUSIVE:
room to cut interest rates if needed.
Speaking in an interview with Bloomberg News in Mumbai just hours before finance ministers and central
And going forward, in the near future, I do expect some discussion through video conference or telephone conference among the central banks
dropping to 6.35% from 6.36%
Indonesia said its working on a second stimulus package
The Federal Reserve signaled a possible rate cut last week, while monetary authorities in Japan and the U.K
pledged action to stabilize markets -- a throwback to the coordinated action in the aftermath of the global financial crisis more than a
to financial stability.
The RBI cut interest rates five times in 2019 to support an economy headed for its weakest expansion in 11 years,
but has been on pause since December following a spike in inflation, which accelerated again to 7.6% in January -- well above the central
Data on Friday showed growth decelerated to 4.7% in the three months through December from a year ago, the third straight quarterly
The RBI would be able to quantify the hit to growth at its next policy meeting in April, he said.
BloombergWith only five confirmed
coronavirus cases as of March 2, India has been relatively insulated from the outbreak
shutdowns in China continue for longer, Finance Minister Nirmala Sitharaman said last week
response from global peers would lead to market pressure on him to also move
