Reserve Bank of India’s minutes of the monetary policy are in line with what the Monetary Policy Committee had said earlier this month. “No real surprises in the minutes as such," said Ananth Narayan, Standard Chartered said. Money Control, 2 days ago
Passenger vehicle sales to grow 7-9 pc in 2017: Fitch - Deccan Herald, 2 months ago
Fuel prices and RBI policy to fuel passenger vehicle demand in 2017 - Sify, 2 months ago
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Business Standard's Anup Roy reports: Bond market participants expect the 6-member Monetary Policy Committee to deliver a 25-basis point cut in repo rate on Wednesday and have taken positions fully factoring in the same. Many in the market also expect the quantum of rate cut to be more, but only a few expect a pause. The MPC, headed by RBI Governor Urjit Patel -- who are meeting for two days, starting Tuesday -- will announce the policy decision at 2.30 pm on Wednesday.The present yields ...Rediff.com, 2 months ago
India is a "bright spot" in the world economy, Finance Minister Arun Jaitley said as he unveiled his annual budget on Wednesday, adding the impact on growth from the government's cash crackdown would wear off soon. Delivering his fourth budget address to ...DNA, 3 weeks ago UPDATE 2-India budgets for recovery, and for the poor, after cash crunch Sify, 3 weeks ago Indian budget to try and ease pain from cash crunch Sify, 3 weeks ago India readies budget to soothe voters after PM Modi's shock cash crunch Sify, 3 weeks ago
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S&P in November ruled out an upgrade in the country's rating for some considerable period, citing India's low per capita GDP and relatively high fiscal deficit. Chief Economic Advisor Arvind Subramanian on Wednesday slammed global rating agencies for following "inconsistent" standards while rating India vis-a-vis China, saying they have not taken into account reforms measures like Goods and Services Tax, which is a "poor" reflection on their credibility. He said India has taken reform ...Rediff.com, 3 weeks ago Economic Survey: CEA slams global rating agencies for 'inconsistent standards' DNA, 3 weeks ago
The Reserve Bank of India (RBI) is slated to announce its last bi-monthly policy for the current fiscal on Wednesday. After its last outing where the central bank - advised by the Monetary Policy Commitee on key interest rates - left the repo rates unchanged ...DNA, 2 weeks ago Even as FIIs pull out crores, high volatility to rule bonds & rupee Rediff.com, 1 month ago S&P: Reserve Bank credibility hurt by demonetisation The Financial Chronicle, 2 months ago S&P says India's demonetisation hurts confidence in RBI Sify, 2 months ago
By Rajesh Kumar Singh and Manoj Kumar NEW DELHI (Reuters) - India's growth rate will slow by up to half a percentage point due to the government's decision to scrap high-value banknotes, the top finance ministry economist said on Tuesday, challenging ...Sify, 3 weeks ago UPDATE 2-India plays down hit to growth from PM Modi's cash crunch Sify, 3 weeks ago
'Concerns about India's future are hampering private investment.''If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.''This should be our main strategy for 2017,' says Ajay Shah. Difficult business cycle conditions have prevailed from 2012 onwards. Investment is weak, and there is stress in one-third of the corporate balance sheet and three-fourths of the banking balance sheet. The demonetisation shock will weigh on 2017-2018. How ...Rediff.com, 1 month ago
'...and defensive until the global macro headwinds turn more benign.' IMAGE: Brokers at the Bombay Stock Exchange during mahurat trading.'India remains one of the most attractive markets,' says Abhay Laijawala, head, India research, Deutsche Bank Group.Photograph: Sahil Salvi With one key event -- the Italian referendum -- now over, the markets are eyeing the outcome on the European Central Bank, Reserve Bank of India and the US Federal Reserve over the next few weeks. Abhay Laijawala, head of ...Rediff.com, 2 months ago
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400, reports Pavan Burugula/Business Standard.Illustration: Uttam Ghosh/Rediff.com Brokerages are set to miss their 2016 market predictions by a huge margin, following a steep correction in stock prices last month due to demonetisation and the surprise outcome of the US presidential elections. While the consensus year-end estimate for Sensex was 30,000, the benchmark is currently hovering at ...Rediff.com, 2 months ago
SINGAPORE Singapore's central bank said on Friday it imposed penalties on the local units of Standard Chartered Bank and Coutts for money laundering breaches related to Malaysia's scandal-tainted 1MDB fund.The penalties are S$5.2 million ($3.65 million)and ...First Post.com, 2 months ago
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