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Welcome To IANS Live - BUSINESS - RBI cuts growth forecast for FY22 to 9.5%

Amid the severe second wave of Covid-19 and the lockdowns across states, the RBI has sharply reduced the growth estimate for the April-June quarter to 18.5 per cent. The previous estimate for the period was 26.2 per cent.The ....

Dakul Seth , News Service , India Private , Reserve Bank , All Rights , செய்தி சேவை , இந்தியா ப்ரைவேட் , இருப்பு வங்கி , அனைத்தும் உரிமைகள் ,

SBP introduces calendar of monetary policy meetings


SBP introduces calendar of monetary policy meetings
Business
May 21, 2021
KARACHI: In another major step to keep abreast with the international practices, the central bank on Thursday introduced advance calendar of monetary policy committee meetings.
“The State Bank of Pakistan (SBP) has decided to begin announcing a half-yearly schedule of monetary policy committee (MPC) meetings on a rolling basis,” it said in a statement.
The SBP said this is another step towards making the process of monetary policy formulation more predictable and transparent.
The central bank usually announces monetary policy after a month gap. For more than a year now, the policy has been announced abruptly with people speculating on the policy decision time. ....

Mohammad Sohail , Monetary Policy Committee , State Bank , Topline Securities , முகமது ஶ்ல் , பண பாலிஸீ குழு , நிலை வங்கி , மேல் வரி பத்திரங்கள் ,

Sharp rise in prices unlikely, says NBS


Sharp rise in prices unlikely, says NBS
By Zhang Yue |
chinadaily.com.cn |
Updated: 2021-05-17 15:51
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A clerk counts cash at a bank outlet in Hai an county, Jiangsu province. [Photo/China Daily]
With time-limited fiscal and monetary policies phasing out gradually and no flood-like policy stimulus, China does not have the base for sharp rise in prices, the National Bureau of Statistics said on Monday.
Fu Linghui, spokesperson of NBS, said at a news conference that a more notable expansion of year-on-year producer price index in April can be attributed to the low base for the same period last year, a steady recovery of domestic demand and a rising global commodity prices. Among them the low-base factor last year is the main reason. Shorter supply and constrained global transportation capacity, a global economic recovery and sufficient liquidity globally combined have caused global c ....

Fu Linghui , National Bureau Of Statistics , National Bureau , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , தேசிய பணியகம் ,