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RBI studies all indicators for policy - chief

RBI studies all indicators for policy: Subbarao
The Reserve Bank of India looks at all measures of prices, and economic and financial indicators, while setting its monetary policy, its chief said on Thursday.Governor Duvvuri Subbarao said there have been calls for cutting policy rates following a sharp fall in the wholesale price index (WPI), but the central bank assessment was not based on just one measure.Apart from the WPI, the government also

'India should closely monitor forex reserves'
India should closely monitor the foreign exchange reserves, which stood at $248 billion in 2008-09 compared to $309 billion in the year ago period, T C Venkat Subramanian, Chairman and Managing Direct

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New York bankers best paid, London at bottom
London bankers' mighty pay has fallen from the highest level among global financial centres to the lowest, with Wall Street financiers grabbing the top spot, a poll showed on Sunday.

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FDI flow to India will remain robust: Goldman Sachs
The global economic slowdown will not affect the foreign direct investment (FDI) flow to India as the domestic demand remains "resilient", investment banker Goldman sachs said Monday.

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ICICI asked to pay Rs 25,000 to consumer
Coming down heavily on an "unethical and unscrupulous act" of the ICICI bank, the Delhi Consumer Commission has asked it to pay Rs 25,000 to a woman for harassing her to repay a car loan which she had

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RBI's objective is to arrest moderation in growth: Subbarao

The Reserve Bank's main policy objective in the global crisis of today would be to arrest the moderation in economic growth and restore the eroded market confidence, apex bank Governor D Subbarao said

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