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Author Archives: Top News Editor

India Maintains Interest Rates; Cuts Growth Outlook

India’s central bank left its key interest rates unchanged on Wednesday at the lowest level since 2010 and downgraded the growth forecast as it expects upside risks to inflation to prevail. In its fourth bi-monthly monetary policy session, the Monetary ...

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Australia Holds Rate At Record Low

Australia’s central bank kept its record low interest rate unchanged, as widely expected, on Tuesday. The board of the Reserve Bank of Australia, governed by Philip Lowe, maintained the cash rate at 1.50 percent. The outcome of the meeting came ...

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Eurozone Jobless Rate Steady; Lowest Since 2009

Eurozone unemployment rate held steady at the lowest level seen since early 2009 in August, data from Eurostat showed Monday. Separately, a private survey showed that stronger manufacturing output growth and capacity constraints in the currency bloc drove job creation ...

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