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Central Banks in South Asia

India Cuts Its Cash-Reserve Ratio

Temporary Move Is Meant to Add Liquidity to Banks By SUBHADIP SIRCAR and NEELABH CHATURVEDI MUMBAI -- The Reserve Bank of India cut the amount of deposits that banks have to set aside in cash with it, joining central banks...

India's central bank eases monetary policy

India's central bank eases monetary policy : India's central bank has reversed months of monetary tightening, as concerns about liquidity take precedence over the bank's long battle against double-digit inflation. The Reserve...

Central Banks May Follow Aussie Lead

HONG KONG - Australia's central bank surprised Asian investors on Tuesday, aggressively slashing its benchmark interest rate by the biggest amount in 16 years, sparking hopes that a coordinated round of easing by other central...

Global business

Global business Lifelines were thrown to European banks. The Dutch, Belgian and Luxembourg governments partly nationalized Fortis amid uncertainty about its ability to sell assets it holds in ABN AMRO, a Dutch bank. The Reserve...

Asia Markets: Rate cut lifts Sydney stocks, hopes of joint action

Australian shares rebounded strongly to end higher Tuesday in the wake of a larger-than-expected 1-percentage-point interest-rate cut by the country's central bank amid a worsening financial-markets crisis worldwide.

Sensex surges on measures taken by Govt

Mumbai (PTI): Notwithstanding the panic situation in global markets, the benchmark Sensex today bounced by 290 at 1015 hours, riding on measures taken by the government to restore investors' confidence. The Securities and...

Sensex down 159 pts

Sensex slides amid global financial mayhem Stocks tumbled around the world following the credit crisis that has ravaged the world financial markets, and even the Bombay Stock Exchange's 30-share index -- the Sensex -- yo-yoed...

Indian equities slip after strong opening

Indian equities slipped into the red in early hours of trading Tuesday after opening on a strong note following interventions by the markets watchdog and a cut in minimum cash balance for banks against deposits announced by the...

Sensex opens up by over 379 points

Mumbai, Oct 7 : After the downward trend over the past few days, the Sensex opened this morning up by over 379 points in early trade. The improvement in the index was attributed to revival of buying by FIIs after SEBI eased...

Sensex surges in early trade as regulator eases curbs

Mumbai (PTI): Snapping the downward trend, the Bombay Stock Exchange benchmark Sensex shot up by over 379 points in early trade today on revival of buying by FIIs after SEBI eased curbs on indirect investments by foreign funds...

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