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Business & Finance

Reuters ahead with India central bank policy decisions

On Aug. 6 and Oct. 9, Reuters delivered clear wins on the Reserve Bank of India’s policy decision – beating the competition both times by a margin of 11 and six seconds for the bi-monthly announcement. Reuters also won timings from Central Bank Governor Shaktikanta Das’ news conference – among the most closely watched and high profile events in the country. Wins included key comments that the bank would retain its accommodative monetary policy stance and that the economy may resume growing in the fourth quarter.

Market Impact

The announcement boosted India’s main stock indexes and sent the benchmark bond yield falling.



Article Tags
Topics of Interest: Business & Finance
Type: Reuters News First
Sectors: FX & Fixed Income
Regions: AsiaEmerging Markets
Countries: India
Win Types: Speed
Media Types: Text