Monetary policy in a cauldron

ank can buy $9 billion according to the balance of payments estimates and after assuming the Brent crude to be at $110 a barrel, its economist Indranil Sen Gupta said. MUMBAI: The Reserve Bank, which had bought $840 million of forex in March in an effort to ...

The recent softening in global commodity prices bodes well for Indian economy and may lead improving the balance of payments situation this fiscal, a top policymaker has said. There are several factors that are operating. The commodity prices are somewhat ...

The Rs 3,700 crore figure includesRs 1,500 crore from fresh sale of assets and anotherRs2,250 crore from the balance payment of older transactions that were concluded in 2012, the executive added.

Tapes with the RBI reveal a fascinating story about the 1991 balance of payments crunch

India's current account deficit has ballooned, reaching 4.6% of the Gross Domestic Product in 2011-12.

Dependence on a private sector-led boom in infrastructure and foreign finance to offset the balance of payments deficit is not sound policy P. Chidambaram has upped the ante by referring to the laws of economics implying that they cannot be bucked and ...

Indias current account deficit (CAD) widened to 6.7 percent as against expected 6.4 percent in the October-December quarter, 2012.

The current account deficit (CAD) in the country's balance of payments and the rate of price inflation will continue to worry the debt market in the next financial year (2013-14).

Decline in foreign investments will put pressure on the country's balance of payments and could also impact the value of rupee.