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INDIA – RBI Policy Day 2018 LIVE RBI POLICY GUIDELINES Tweets by BloombergQuint
Gold Silver Reports (GSR) – Goldilocks Economy – The Indian economy is expected to have grown at a stronger pace in 2018-19, as disruptions due to the introduction of the Goods and Services Tax settled down. Despite continued volatility in some high frequency indicators like the manufacturing PMI, most economists believe that the economy is recovering steadily.
Gold Silver Reports (GSR) – U.S. Tariff List Aims at Technology; China Vows It Will Respond — “This level is appropriate both in light of the estimated harm to the U.S. economy, and to obtain elimination of China’s harmful acts, policies, and practices,” the U.S. Trade Representative’s office said in a report on Tuesday. The U.S. is targeting the 1,300 product lines to try to force China to change its intellectual property practices, the office said.
Gold Silver Reports (GSR Team) – India Manufacturing Growth Slows Again In March — Growth in India manufacturing sector slowed again in March as both output and new orders fell to its lowest pace since October, according to an industry benchmark.
Gold Silver Reports (GSR) – India’s Forex Reserves Hit a New High — RBI data showed the reserves rose $1.2 billion in the week to March 23. The improved overseas dollar inflows in March reversing February’s trend of outflows has helped accumulation of reserves, forex dealers said.
Gold Silver Reports (GSR) – Trump Says He May Delay South Korea Trade Deal Until North Korea Is Resolved — “I may hold it up until after a deal is made with North Korea,” Trump said Thursday during a speech in Richfield, Ohio. “You know why? Because it’s a very strong card and I want to make sure everyone is treated fairly and we’re moving along very nicely with North Korea.”
Gold Silver Reports (GSR) – The Federal Reserve may change decades-old rules that require banks to lend to low-income borrowers as part of a broader effort to revise a range of banking regulations, the U.S. central bank’s head of regulation and supervision said on Monday.