Articles > Newspapers > International Newspapers, Local Markets A-Lh > PTI - The Press Trust of India Ltd. news wires > March 2005

Article: FinMin, RBI to ensure price stability, soft interest rates.

Article from:
PTI - The Press Trust of India Ltd.
Article date:
March 5, 2005
Copyright

New Delhi, Mar 5 (PTI) The Finance Ministry and the Reserve Bank of India will work together to ensure price stability and benign interest rates in the economy, Finance Minister P Chidambaram said Saturday.

"I have requested and promised the RBI board to work with it to ensure price stability. I also requested the RBI to ensure that interest rates remain benign," he said after a customary post-budget meeting with the RBI board.

Government and the RBI want to keep interest rates benign so that banks can ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Budget will help dampen interest rates, says ...
Nordic Business Report;  November 28, 2002 ;     470 words ... ... 28 November 2002-Budget will help dampen interest rates, says Norwegian finance minister(C)1994-2002 M2 COMMUNICATIONS LTD http ... dampening the pressure on Norway's high interest rates. ((Comments on this story may be sent to ...

Article: Gov't Seeking 5 Pct Growth, Lower Interest Rates: ...
YON - Yonhap News Agency of Korea;  January 7, 2005 ;     700+ words ... ... jobs needed to absorb new arrivals to the job market. Discussing the controversy surrounding the additional lowering of interest rates, Lee said that the important things is to look at the signal effect such a move will have on market actors. "Taking into ...

Article: GHANA: March inflation below 10% for first time since 1999 and ...
Hilfe Daily Briefing;  April 25, 2006 ;     700+ words ... ... perhaps explains the central bank's wary stance. Indeed, finance minister Baah-Wiredu earlier this month was suggesting that the ... shocks. The official target announced in the 2006 budget by finance minister Kwadwo Baah-Wiredu was for a year-end figure in a 7 ...

Article: South Korean finance minister says interest ...
AP Worldstream;  March 23, 2005 ;     315 words ... ... SEOUL, South Korea South Korea's new finance minister said interest rates should remain stable and expressed optimism ... economy was heading for a recovery. "I think interest rates, as decided recently by the central bank ...

Article: INDIAN FINANCE MINISTER SEES STABLE INTEREST ...
AsiaPulse News;  November 21, 2005 ;     694 words ... ... liquidity, Finance Minister P Chidambaram ... no hike in interest rates particularly ... slippages. On interest rates, he said ... Agreeing with the finance minister, bankers said ... pressure in the interest rates." (PTI ...

Article: India's finance minister announces softer ...
AP Worldstream;  February 28, 2002 ;     665 words ... ... Dateline: NEW DELHI, India Finance Minister Yashwant Sinha on Thursday cut interest rates to ease bank lending rates ... central bank maintain softening interest rates. He also reduced the interest rates on provident and pension funds ...

Article: Meridor to introduce cost-income apparatus; the Finance ...
Israel Business Today;  October 31, 1996 ;     700+ words ...Finance Minister, Dan Meridor, has said that there is a strong likelihood of an additional cut in the 1997 budget taking place in view of the ...

Article: German Finance Minister Urges Lower Interest ...
Xinhua English Newswire;  November 13, 1998 ;     391 words ...In a parliamentary speech, German Finance Minister Oskar Lafontaine Friday urged the central bank to cut interest rates. "No one questions the (Bundesbank's) monetary targets," said Lafontaine. The Bundesbank's undisputed priority is ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives