PLAN B: The central bank is expected to reduce cash in the banking system to cope with heavy capital inflows during its quarterly meeting set for tomorrow
India's central bank is expected to leave interest rates on hold this week as fears that the country's fast-growing economy is overheating begin to recede, analysts said.

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NOTHING EXTREME: Analysts say that the housing and credit crises in the US are rather localized and unlikely to spread throughout the international financial system
The recent turbulence on world markets, sparked by fears of a global credit crunch, heralds some rough sailing ahead for investors rather than a systemic financial meltdown, analysts say.

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For months, US lawmakers have warned US Treasury Secretary Henry Paulson that patience was wearing thin as his economic dialogue with Beijing failed to produce breakthroughs on currency and other disputes.

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■ SRI LANKA
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