E-PaperAsian Central Banks News
Asian central banks lean on wide mandates as Fed eyes tightening
Any Fed tightening will suck capital away from Asia and send currencies lower, prompting central banks to respond through either defending their currencies or hiking interest rates
3 min read21 Aug 2017RBI tightening offers path for Asian peers to follow
The RBI's move to raise the reverse repo rate is aimed at draining a flood of cash in the banking system and containing inflation without jeopardizing investment
3 min read6 Apr 2017Asian central banks bracing for Janet Yellen seen holding fire for now
Higher US borrowing costs ripple through Asia by driving up bond yields, reducing the region's appeal to foreign investors and thereby pressuring local currencies
5 min read8 Mar 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared