Saturday, 28th May 2022
<To guardian.ng
Search

Modi’s Governmenti gets $4 Billion cash from India’s Central Bank

By Bloomberg
19 February 2019   |   10:06 am
Radhika Rao, economist at DBS Bank, talks about the decision of India’s central bank to approve an early transfer of a part of its profit to the government.

Related

26 Jun 2019
Governor of Nigeria's Central Bank says the apex banks development finance efforts have been driven by the need to reduce reliance on crude as smuggling and dumping over the years have led to a demise of Agriculture. Obiora Madu, CEO of Multimix Group joins CNBC Africa to discuss some developments impacting Nigeria's non-oil exports.
14 Jul 2019
No reason was given for Murat Cetinkaya's sacking, but the governor had been loath to cut the interest rate from 24%. Over the past year, Turkey has faced skyrocketing inflation as a result of a debt and currency crisis.
24 Aug 2019
Sudan transition: Economist Abdalla Hamdok sworn in as Sudan's new prime minister
10 Sep 2019
Ghana’s central bank has additional space to loosen policy thanks to the global move toward lower interest rates, as long as inflation slows, according to Governor Ernest Addison. He was interviewed by Bloomberg TV’s Manus Cranny st the World Economic Forum on Africa in Cape Town.
24 Oct 2019
Helen Qiao, a chief greater China economist at Bank of America, discusses China’s economy, PBOC stimulus, and the boosting of imports of U.S. consumer goods. Marc Chandler, a global forex managing partner at Bannockburn, joins the conversation on "Bloomberg Daybreak: Americas."
29 Oct 2019
About 500,000 bags of local rice was sold by millers within one week of the border closure, the Central Bank of Nigeria Governor, Mr. Godwin Emefiele, has revealed.
23 Nov 2019
Macron suggests to the 'The Economist' that NATO is dead
16 Jan 2020
President Muhammadu Buhari has signed the 2020 finance bill into law, which is specially designed to generate revenue and support the implementation of this year's budget. Economist, Harding Udoh speaks more on this on TVC Breakfast.
3 Mar 2020
The Central Bank of Nigeria (CBN) and commercial banks in the country came under fire yesterday over disparities in deposit and lending rates obtainable in their offices. The upper legislative chamber lamented that interest rate on loans operated by commercial banks and approved by the CBN remained one of the highest in the world.
22 Mar 2020
As five more COVID-19 cases were confirmed in Nigeria on Wednesday, the government swung into action and made some swift reforms which include the reduction of petrol pump price – a N1.5 trillion cut in the 2020 budget and a travel ban on 13 countries with high COVID-19 infection rates. The Central Bank of Nigeria also announced a N1.1 trillion intervention fund to boost the economy. Adeoye Adefulu, Partner at Odujinrin and Adefulu and Kola Masha, Managing Director of Babban Gona both join CNBC Africa to discuss how these moves would impact some key sectors of the Nigerian economy.
22 Jun 2020
Wirecard was said to have $2.1 billion in two Philippine banks, but the country's central bank said that documents linking them to the money were fake. The German financial startup has been marred by fraud allegations.
13 Sep 2020
The European Central Bank is hoping for a "positive" outcome to the negotiations on the future relationship between the United Kingdom and the European Union despite "what has been observed in the last few days," ECB chief Christine Lagarde says.