Bank of England Governor Mark Carney said on 19 January that he did not have a set timetable for raising British interest rates and wanted to see faster growth and stronger underlying inflation first. Carney said global and domestic growth had proved weaker than he had expected in the middle of the year, when he predicted that a decision on when to raise interest rates would have come into sharper relief by early 2016.
Jan 19, 2016
Chinese stock trading was halted on the first day of trading in 2016 after the CSI 300 Index plunged more than 7 percent.
Jan 4, 2016
- Delhi sees a dramatic dip in murders and thefts; police claim a 20-75% drop in crime rate
- Uttar Pradesh: Monkeys stone man to death; victim's family files FIR against them
- Khabib vs Mayweather venue: Moscow's Luzhniki Stadium to host potential superfight?
- Smoking marijuana may increase stroke risk, study says
- End of 'Good Times'? Embattled tycoon Vijay Mallya might lose swanky London mansion
- Jet Airways begins layoffs after month-long lull; asks 15 employees to leave by October-end
- Tata Consultancy Services overtakes Accenture to become largest IT firm servicing banks
- India's forex reserves edge down by $5.14 billion; steepest weekly fall since 2011
- Rupee fall, high non-performing assets still cause for concern: Former RBI governor Bimal Jalan