Money Markets

BSE, NSE, major commodity markets to remain closed today on account of Muharram

On Wednesday, at the close of market hours, the BSE Sensex closed lower by 169.45 points or 0.45 percent at 37121.22.

Mutual Funds' assets under management surpasses Rs 19 lakh cr mark on renewed inflows in equity, debt

The industry's AUM had crossed Rs 10 lakh crore in May 2014, and it is expected to reach Rs 20 lakh crore this year

End of easy money for banks: Rajan pushes to develop money markets

Sources say the RBI will deliberately go slow in removing the cap on funds banks can borrow via the LAF, even as it unwinds other emergency measures imposed to prop up the rupee.<br /><br />

Once more! Fed is blowing bubbles to cover up growing inequality

The Western central banks primarily the Federal Reserve of United States and the Bank of England, have been printing money (or quantitative easing as they like to call it) at a very rapid rate since the start of the financial crisis in late 2008. The idea is to print and pump money into the financial system and thus ensure that there is a lot of money going around, leading to low interest rates.

No more wild swings: RBI makes progress in taming India's volatile money markets

The swift response shown by a central bank under new management impressed bankers. Appointed a little over a year ago, Rajan, a former chief economist at the International Monetary Fund, is credited with making the RBI more amenable to change.<br />