RBI in rate cut mode; see 25bps cut in May-June: Deutsche

Friday's monetary policy statement from the Reserve Bank of India (RBI) was, on balance, cautious.

(Corrects to say crude oil sales in 12th paragraph in story originally published May 21.) Indonesia's new Finance Minister Chatib Basri said cutting fuel subsidies and building more infrastructure will be his two main priorities. Reducing subsidies ...

The easing inflation, expectations of growth picking up, narrowing current account deficit (CAD) and now expectations of limited risks to a rating downgrade for India are set to strengthen the rupee against the dollar in the months ahead. The street ...

1 min 5 sec ago SINGAPORE — The Republic's non-oil exports continued to decline in April, although at a slower pace than in the previous two months, prompting analysts to suggest a recovery may be around the corner. Exports fell 1 per cent in ...

With inflation (as represented by the wholesale price index or WPI) at sub-5% for the first time since November 2009, and with the consumer price index (CPI) falling as well below 10%, economists expect the downtrend to continue. Hence, calls are ...

Assistant Producer, CNBC Asia The recent plunge in gold prices has further whetted the appetite of gold bugs in India, with imports into the world's largest consumer of the precious metal surging 138 percent in April, widening the already ...

Food inflation eased to 10.7% in April after staying at 12-13% for four months due to favourable base effect, lower seasonal rise in fruit and vegetable pri­ces, and fall in sugar and edible oil prices. After trending in double digits for four ...

Writer for CNBC.com Barry Kusuma | Photolibrary | Jakarta There has been some discouraging news out of Indonesia in the past few days. First the country's economic outlook was downgraded by Standard & Poor's and then Southeast Asia's largest ...

Also read: See 6000 as strong resistance for May; be heedful: Experts "We reiterate that monetary accommodation will remain a core catalyst for Indian equity markets and reiterate our December 13 Sensex target of 22,500, given the scope for ...