Tag: Reserve Bank of India

• Tuesday, December 1st 2015 - 08:11 UTC

  India outpaces China in economic growth boosted by domestic demand and manufacturing

  

  India's economic growth picked up in July-September, outpacing China on improving domestic demand and manufacturing activity, and the acceleration could persuade the country's central bank to keep interest rates unchanged at its Tuesday meeting.

• Wednesday, August 26th 2015 - 07:02 UTC

  “Using cheap money to tackle economic problems rather than reform must stop”

  

  Central banks are under too much pressure to fix struggling economies, according to the man in charge of India's monetary policy. Reserve Bank of India governor Raghuram Rajan hinted that using cheap money to tackle economic problems - rather than painful reform - had to stop.