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Pak has potential to be among top 20 economies, says Saudi Crown

Tuesday, February 19, 2019, 7:56 AM

Pakistan has the potential to become one the top 20 economies of the world, Saudi Crown Prince Mohammad bin Salman said on Monday as he concluded his two-day visit to Islamabad. The Crown Prince briefly interacted with the media along with Prime Minister Imran Khan at Nur Khan air base at the conclusion of his first state visit to Pakistan.
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India's January inflation pace drops; RBI could cut rates again

Tuesday, February 12, 2019, 10:23 PM

India's consumer prices rose at a milder pace than anticipated in January and remained below the Reserve Bank of India's target for a sixth straight month, strengthening views it could again cut the key interest rate at its next policy review in April. Annual retail inflation in January rose 2.05 percent, its slowest pace since June 2017, government data showed on Tuesday.
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RBI may change stance, inch towards rate cut

Tuesday, February 5, 2019, 4:36 PM

The Reserve Bank of India is likely to change its monetary policy stance to "neutral" from "calibrated tightening" on Thursday and move closer to a rate cut in April as inflation stays below the central bank's 4% target. A softer stance would bode well for Prime Minister Narendra Modi's government, which wants to boost lending and lift growth as it faces elections by May.

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