 | US Fed poised to cool inflation with another interest rate hikeFed Chair Jerome Powell has made it clear they will keep raising interest rates until they see clear evidence inflation is moving back towards the two percent goal. |
 | India, Sri Lanka likely to begin trading in Indian RupeeSources say since Ranil Wickremesinghe is viewed as a friend of India, there is every possibility of INR trading getting the go-ahead. |
 | Winners and losers of the European Central Bank's rate hikeAll eyes are on debt-saddled Italy, whose bond yields have already shot up against benchmark German bunds. |
| Ready to stamp out surging inflation: Europe Central BankOther central banks around the world, including the US Federal Reserve, have moved quicker than the ECB. But they face the threat of spurring a recession as they make borrowing more expensive. |
 | RBI extends tokenisation deadline by 3 months from Jun 30 to Sep 30While large players have tokenised their customer card details, many small merchants have been struggling to meet the deadline. |
 | Tighter monetary policy would have been disastrous to economy: RBI governorShakikanta Das said the RBI's tolerance toward high inflation during the pandemic was a necessity and the central bank stands by its decision. |
 | Indian funds in Swiss banks grow 50 per cent to Rs 30,000 croreIn 2007, the figure stood at 2.92 billion Swiss franc.The money parked in Swiss banks has always been linked to black money being parked outside India. |
 | Fed's outsized rate hike may be a recipe for recessionThis is exactly what the Reserve Bank of India wanted to avoid and acted just in time raising rates last month but the larger issue is how long the tightening cycle will last. |
 | Australia hikes interest rates for 2nd time to rein in inflationAn increase was widely expected after official data released in April showed that Australia's inflation rose to 5.1% in the year through March. |
 | Looking at 'pros and cons' of introduction of digital currency: RBIThe Reserve Bank has been looking at the pros and cons of introduction of CBDC in India and it proposes to adopt a graded approach to introduction of CBDC. |
 | Forex crisis: Sri Lanka lowers limit of foreign currency people can hold to USD 10,000Amid fuel crisis, Energy Minister Kanchana Wijesekera said that posts shared on MPs being given subsidised fuel rates are false. |
 | Central bank warns of catastrophe if Lanka can’t form govt within 3 daysSri Lankan President Gotabaya Rajapaksa held talks with former prime minister Ranil Wickramasinghe to possibly lead an interim all-party government. |
 | April inflation likely to be around 7.5 per cent, say expertsThe Reserve Bank of India’s out-of-turn move to hike repo rates by 40 basis points could be due to April inflation that may well be above the Central bank’s estimates. |
 | Four held in connection with theft of valuables from bank lockers in UP's Kanpur: PoliceStolen ornaments weighing 342 grams have been recovered from the arrested accused, Deputy Commissioner of Police (East) Pramod Kumar said. |
 | Sri Lanka can overcome economic crisis provided Central Bank is allowed to run independently: GovernorHe further said that President Gotabaya Rajapaksa had given him the authority to run the bank independently and also asked him to expedite measures to get the country out of the crisis. |
 | Gunmen shoot deputy governor of Myanmar Central BankShe is believed to be the most senior official associated with the military-run administration to be shot since February last year when the army ousted the elected government of Aung San Suu Kyi. |
 | Myanmar orders foreign money held by banks changed to kyatsBusinesses and individuals were told in a notice issued Sunday that as of Monday they must convert dollars and other foreign currency into kyats within one day or face legal consequences. |
 | Not activating countercyclical capital buffer: RBIThe framework envisages the credit-to-GDP gap as the main indicator, which may be used in conjunction with other supplementary indicators. |
 | RBI may revise upwards inflation estimatesThe country’s central bank may have to do a course correction in the forthcoming Monetary Policy Committee meeting slated from April 6-8. |
 | Sri Lanka central bank governor quits as crisis worsensAjith Cabraal said he stepped down after every member of Sri Lanka's cabinet, aside President and Prime Minister, quit en masse late Sunday to make way for a new administration to manage the crisis. |
