Gold Silver Reports → Reserve Bank of India Governor Raghuram Rajan is rebuilding the country’s foreign reserves as he sees an unavoidable slide in the rupee until the war on inflation is won.
Economic
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China’s Bad Loan Ratio Climbed to 1.67 Percent
Gold Silver Reports → Soured loans at Chinese commercial banks rose to the highest level since June 2006 as the nation’s economic expansion slowed to the weakest pace in a quarter century.
European Central Bank President Draghi Speaks
Gold Silver Reports – Mario Draghi (born 3 September 1947) is an Italian banker and economist who has been governor of the Bank of Italy and succeeded Jean Claude Trichet as President of the European Central Bank starting November 2011.
Your views matter!!! Which scheme needs more focus in Budget-2016?
Your views matter!!! Which scheme needs more focus in #Budget2016? We invite your suggestions.Please vote — Ministry of Finance (@FinMinIndia) February 11, 2016
The Opening of a “Make in India” Week Launched by PM Modi to Drum up Foreign Investment.
Gold Silver Reports – A huge fire engulfed the venue of a cultural event in Mumbai on Sunday that was being held at the opening of a “Make in India” week launched by Prime Minister Narendra Modi to drum up foreign investment.
Rupee Depreciation Needed
Gold Silver Reports – Indian central bank Governor Raghuram-Rajan said that a certain amount of depreciation in the rupee is necessary as he works toward bringing down inflation.
Global Lenders in Good Shape; RBI’s Rajan
Gold Silver Reports → India’s central bank Governor Raghuram Rajan on Thursday allayed fears about the health of the global banking system, saying lenders are in a good position and well-capitalized to weather the current turmoil in the world economy.
2016-17 Union Budget Presented on 29 February
Gold Silver Reports → Finance minister Arun Jaitley will present the Union Budget for 2016-17 on February 29, minister of state for finance Jayant Sinha said on Thursday.
U.S. and Global Market Turmoil Causes Forecasters to Fed’s next move up
Gold Silver Reports → Economists are pushing back their calls for the next Federal↔Reserve interest↔rate hike in droves. Trouble overseas and uncertain economic conditions at home have helped move the median forecast to June from March.
India Managed GDP Growth in the 7% Range
Gold Silver Reports → A closer report at India’s impressive 7.3% real gross domestic product growth for the October-December quarter reveals a troubling reliance on urban consumption, casting doubt on the nation’s ability to drive global growth as China stumbles.