RBI Release – Monetary Policy Statement 2013-14

By Dr. D. Subbarao Governor Introduction The Annual Policy for 2013-14 is formulated in an environment of incipient signs of stabilisation in the global economy and prospects of a turnaround, albeit modest, in the domestic economy. 2. In the advanced economies (AEs), near-term risks have receded, aided by improving financial conditions and supportive macroeconomic policies. But this… Read More

Tags: BrazilCentral Statistics OfficeDuvvuri SubbaraoEconomic growthIndiaInflationMonetary policyrbiReserve Bank of India

5th BRICS Summit – eThekwini Declaration and Action Plan

1. We, the leaders of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People`s Republic of China and the Republic of South Africa, met in Durban, South Africa, on 27 March 2013 at the Fifth BRICS Summit. Our discussions took place under the overarching theme, "BRICS and Africa: Partnership for… Read More

Tags: AfricaBankBrazilBRICDurbanInternational Monetary FundSouth AfricaWorld Bank

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