LOS ANGELES (MarketWatch) — An Indian interest-rate decision and a possible legislative battle in Australia are among events that may impact Asian markets next week. The Reserve Bank of India is slated to hand-down its mid-quarter policy decision on Friday. The RBI has hiked benchmark rates 11 times since March 2010 as it seeks to battle heavy inflation in India, and a Dow Jones Newswires survey is showing expectations for another half-point increase at the upcoming meeting. In addition to any surprises on the rate moves, analysts and investors will also watch for any details on plans to bring back inflation-indexed bonds, as announced earlier this month by the central bank’s Gov. Duvvuri Subbarao.
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
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