HDFC informs exchanges about the People’s Bank of China raising its stake from 0.8% to 1.01%The stake comprises 17.49 million shares of the mortgage lender
1 min read12 Apr 2020Investment, retail sales and credit data due this week are expected to confirm the ongoing slowdown in the world’s second-largest economyThe People’s Bank of China late Friday called for a “rational” view on current headwinds, signaling that the targeted approach to shoring up output would continue
2 min read11 Aug 2019The People’s Bank of China announced a benchmark lending and deposit rate cut of a quarter percentage point
4 min read2 Mar 2015Analysts said the central bank’s latest cash injection indicated its intention to ease liquidity conditions in the banking system
1 min read30 Jul 2013How can anyone trust that China is growing at 7.7%, when crucial variables in its data tabulation are a mystery?
3 min read25 Jun 2013The loss is the largest single-day decline since 31 August, 2009
2 min read24 Jun 2013Investment-driven growth followed by bouts of inflation is the normal course of events in the Chinese economy
4 min read3 Feb 2013The 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