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Tag Archives: inflation

Big Story With Chanda Kochhar — The Inflation Demon (video)

Chanda-Kochhar

Chanda Kochhar, ICICI Bank’s MD & CEO speaks about consumption, inflation and the need to revive the investment cycle. Tune in to this segment of Big Story to hear her views on cash flows, rate cuts and speedy clearances.   BloomergUTV Read More »

India likely to raise tax rates in budget

India Rupees

NEW DELHI: India is likely to raise taxes on a number of manufactured items and expand the tax net in its budget to rein in its deficit and give space for the central bank to cut interest rates to support growth, a top government economic adviser said on Friday.  The Reserve Bank of India (RBI) has called on the government ... Read More »

S. Korea’s Bahk says higher oil price may drive inflation above target

Bahk South Korea

Feb. 27 (Bloomberg) — South Korean inflation may accelerate above the government’s target on higher oil prices, just as the nation’s economic growth is about to start improving, Finance Minister Bahk Jae Wan said. While inflation is “likely” to dip this month below the 3.4 percent rate in January and be “even lower” in March, instability in the oil market ... Read More »

China’s PBOC may cut interest rate before July

china mao yuan

BEIJING, Feb. 26 (Xinhuanet) — China’s central bank may cut the interest rate in the second and third quarters this year, as the economies in the EU and US slow down further while domestic inflation pressure gradually eases, economists said on Saturday. According to research co-sponsored by Xiamen University and the National University of Singapore, China’s monetary policy is very ... Read More »

China’s Growth May Slip to 8.6%

made in China

China’s economic growth may slip to 8.59 percent this year due to slowing in Europe, while inflation will ease to 3.3 percent, according to a Xiamen University and National University of Singapore joint forecast. Growth may bottom out in the second quarter, slowing to 8.35 percent before picking up again, according to the forecast released today at a forum in ... Read More »

PBOC to maintain prudence

PBOC

CHINA’S central bank said yesterday it will maintain a prudent monetary policy as the country faces pressure in supporting growth and containing inflation. The remarks, made by an official with the People’s Bank of China, was quoted in a PBOC press release a day after the central bank unveiled a reserve requirement ratio cut to ease a liquidity shortage and ... Read More »