We think that we are on a slow recovery to 6% level growth next year -- 6.3 is our number. In a chat with ET Now, Indranil Sen Gupta, India Chief Economist, BofAML, shares his macroeconomic outlook. Excerpts: ET Now: We have seen the start of the rate cut ... Economic Times, 2 months ago
WPI in negative zone, 50 bps rate cut likely by June - Smart Investor, 1 month ago
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he question has naturally shifted from "...when will the RBI cut..." to "...how much will it cut..." Business Standard January 16, 2015 Last Updated at 00:42 IST We welcome Reserve Bank of India(RBI) Governor Raghuram Rajan's decision to cut rates ...Business Standard India, 2 months ago
We expect Budget FY16 to lead to lower rates. This, in turn, should support recovery. Although India is growing at 7.4% in FY15, and is targeting 8% levels in FY16, it is still below its potential of 8.5%. This supports our view that India's GDP ...Financial Express, 1 month ago
The survey has arrived at the higher payout for states in the next fiscal based on assumptions about nominal gross domestic product growth and tax buoyancy and the policy measures that are contemplated for 2015-16. Photo: Mint New Delhi: The ...Livemint.com, 1 month ago
West Bengal chief minister Mamata Banerjee, extreme left, arrives in Dhaka on Thursday nigh on a three-day visit. She was received by state minister for foreign affairs M Shahriar Alam and Indian high commissioner in Dhaka Pankaj Saran. — New Age ...New Age Bangladesh, 1 month ago
The Reserve Bank of India (RBI)'s foreign exchange reserves rose to a new record of $327.8 billion for the week ending January 30, show data released on Friday. The rise was one of the sharpest in a week, rose by $5.85 billion. The reserves had ...Business Standard India, 1 month ago RBI's foreign exchange reserves climb to all-time high Smart Investor, 1 month ago FX reserves hit new high of $328 bn India Brand Equity Foundation, 1 month ago Indian shares cruise to record highs, gather steam Gulf News, 2 months ago
RBI Governor Raghuram Rajan has expectedly voiced his concerns—one that we fully share—about competitive monetary easing after ECB QE. RBI, in its February 3 policy, cautioned that The announcement of massive quantitative easing by the European ...Financial Express, 1 month ago
NEW DELHI: Stating that India's economy has bottomed out, Bank of America Merrill Lynch (BofA-ML) in its latest report titled 'India's GDP: In 6.9th heaven!' says, "We expect India to cross Brazil and Russia in GDP this year to emerge as the second ...Economic Times, 1 month ago BofA-ML expects 50bp lending rate cuts in April-September 2015 MyIris, 2 months ago
ign brokerage firms expect an upside to India's growth estimates after a revision in the base year, but they expect the RBI to hold rates in the monetary policy review tomorrow. The government has revised FY 2014 GDP growth to 6.9 per cent from 4.7 ...Business Standard India, 1 month ago Foreign brokerages see upside in India's growth estimate Economic Times, 1 month ago After base year revision, brokerages see upside in growth estimate Financial Express, 1 month ago
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RBI's decision to lower the Repo rate or hold is likely to be a close one at the monetary policy review on Tuesday with most bankers still leaning towards a no-move. (Reuters) The Reserve Bank of India's decision to lower the Repo rate or hold is ...Financial Express, 1 month ago
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