RBI is focused on lowering rates by looking at the WPI, though what has hit savings is a very high CPI, says Malini Bhupta The rupee’s stability has again triggered talk of a reversal of July’s tightening measures. Most economists say the marginal standing facility needs to be cut by another 25 basis points to 8.75 per cent and the repo rate raised by 25 basis points to 7.75 per cent, to normalise the monetary policy environment. However, narrowing the gap between the MSF and the ... Rediff.com, 1 month ago
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Although strategists say there is no sign of any pick-up in the investment cycle, the hope that inflation will settle down is a big driving force for those betting on private sector banks, notes Malini Bhupta Foreign institutional investors might be disenchanted with public-sector banks but their liking for select private banks remains. In the September quarter, FII ownership in Axis Bank increased 2.7 per cent to 43.4 per cent. FIIs’ penchant for these stocks is understandable, given ...Rediff.com, 4 weeks ago
At a time when the slowdown is beginning to hurt the so-far-resilient consumer sector, analysts have increased the earnings estimates of Products Ltd. The company has launched seven new products in the past year and increased advertising spend by 40 ...Business Standard India, 1 month ago '40% of incremental revenues has come from new launches' Smart Investor, 1 month ago PLenty of room for GCPL to grow as penetration remains low: Vivek Gambhir Smart Investor, 1 month ago
Related to : IDBI Bank Ltd IDBI Bank Ltd BSE 11 Oct 13 | 01:17 PM 63.35 1 (1.6%) NSE 11 Oct 13 | 01:09 PM 63.15 0.8 (1.28%) R K Bansal India's banking sector has become an ugly duckling for investors as high interest rates have ...Smart Investor, 1 month ago
According to Propequity, a real estate research firm, housing launches till July this year fell by 38 to 59 percent compared with the same period last year, across key markets like Gurgaon, Navi Mumbai, Pune, Noida and Kolkata. Bangalore is the only ...Firstpost.com, 2 months ago
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