Rbi

TESTPRO | MCPRO | RBI teeters on the edge of failure as retail inflation scales back 7% level

The latest number means headline retail inflation has now spent 35 consecutive months above the medium-term target of 4 percent and eight straight months outside the 2-6 percent tolerance range of the Reserve Bank of India

The 10-year government bond is no longer a market benchmark

Less than a year after he demitted office as the 23rd Governor of the Reserve Bank of India (RBI)

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India firms fear lingering economic aftershocks from cash ban

Struggling with customers unable to pay on time and plummeting sales, Indian small-business owner Ravi Jain fears the government's crackdown on cash will have a much larger impact than predicted by top policymakers.

India needs to create bad bank quickly: Finance ministry aide

Chief Economic Adviser Arvind Subramanian, who has proposed setting up a public asset rehabilitation agency to fix the balance sheets of both struggling banks and indebted companies, said the government was in touch with the RBI on the matter.

Uncertain Trump policies are a big risk to markets: Dalton Cap

The market went for a strong run after the shift in stance by RBI from accommodative to neutral but UR Bhat of Dalton Capital says he is unsure if this can be sustained. According to him, US President Donald Trump‘s policies pose a huge risk for the market.

Preview: RBI seen cutting rates, but it will be a close call

A Reuters poll last week, conducted before the government presented its annual Budget, showed 28 of 46 participants expected the RBI on Wednesday to cut the repo rate by 25 basis points to 6.0 percent, its lowest since November 2010. Another two expected a 50 bps cut.

Dovish MPC feels spare capacities, monsoon to keep inflation low

The six-member panel, which brainstormed over two days, unanimously agreed that inflation was unlikely to gallop past the tolerance threshold of 6 percent in the next few months.

Cheap crude a double-edged sword for India's current account

Persistently, low oil prices have affected overseas workers‘ income. About half of India‘s USD 70 billion-odd NRI remittances originate from the Gulf countries, the region worst affected by record-low crude oil prices and subdued global economic activity.

Why Guv Patel may have little room for two rate cuts

The August inflation number clearly gives the new governor space to open his account on a friendly note with an interest rate cut. The more tricky part to guess is whether the governor will resist the pressure to cut again in the December 6 policy.

Get ready for higher price earning multiples, new highs

The markets made an effort Thursday to follow an old adage on Dalal Street –‘Buy the rumour Sell the fact‘ when the GST Bill was passed in Rajya Sabha, but it failed as the benchmark clawed into the green and triggered a massive short covering on Friday that marked the highest closing this year.

Inflation target puts RBI, govt on same page…on paper at least

Reaching the target may be easy, but will the central be able to keep a leash on inflation without supportive fiscal policies?

Nifty in consolidation phase; time for sector rotation

The Long-Short hedging strategy is a tool to hedge trades positionally. This strategy is extremely useful to minimize risks by going long in one script/index and take short position in other script/index to hedge the position.

HPBOSE 10th result 2020 Highlights | Himachal Pradesh Board Exam results declared; girls outshine boys with 71.5% vs 64.9%

The Reserve Bank of India (RBI) is meeting for its bi-monthly monetary policy review for the first time this fiscal. Catch live updates here.

Govt eyes Rs 10,000 cr from Swachh Bharat Cess a year

To provide a boost to the Swachh Bharat Abhiyan, the government has imposed SBC of 0.5 percent on all services liable for service tax, effective November 15, 2015.

Banks' NPA woes to continue; prefer HDFC, Kotak Bk: Hazari

Hemindra Hazari recommends avoiding the entire financial intermediary space because there is still lot of pain to come but if institutional investors have to be in the space then one should look at HDFC Bank and Kotak Mahindra Bank.