RBI lifts up its benchmark rates by 0.25% on Tuesday

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Source: RTT News
© Scanpix/RS
The central bank of India lifted the benchmark interest rates for the second successive month on Tuesday on a policy meeting as Governor Raghuram Rajan tries to fight against inflation in the country. The repo rate was raised by 0.25% to 7.75%, the reverse repo rate went up from 6.50% to 6.75%, while the cash reserve ratio was maintained at 4.00%.

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Tue, 29 Oct 2013 09:38:03 GMT

Japan's small business confidence advanced in October

Small business sentiment indicator in Japan continued to increase in October with the index measuring a confidence among businesses in the small-scale industries sector rose from 49.7 in August and 49.8 in September to 50.8 the following month. The manufacturing sector business sentiment index advanced from 50.4 in September to 50.9 in October.

Tue, 29 Oct 2013 09:05:06 GMT

Japan's jobless rate matches forecast in September

The jobless rate in Japan recorded a modest decline in the month of September matching economists' expectation, according to a report showed by the Ministry of Internal Affairs and Communication on Tuesday. The report showed that unemployment rate came in at 4.0% in September after it recorded 4.1% in the previous month.

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