tightening

More tightening of rates to hamper growth: CII An appreciating rupee and high interest rates are expected to reduce investment flow in the country hampering the pace of economic growth, industry chamber CII said today. The chamber said the Reserve Bank of India (RBI) should consider easing...

SHANGHAI: Chinese shares opened higher on Monday because of hopes for strong corporate earnings, despite further monetary tightening announced by the central bank on Friday. The Shanghai Composite Index was up 0.80 per cent at 4,091.242 points, its highest level this month. On Friday, it...