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Markets: Be prepared for a slightly bumpy ride
Hitendra Dave, managing director and head of markets, HSBC India, in conversation with Vishal Chhabria and Sheetal Agarwal, shares his views on the current market turmoil. Edited excerpts:......
Why banks are uncomfortable with bankruptcy code
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues Are banks getting boxed in after the introduction of the Bankruptcy......
India's $400-billion forex reserves comes at a cost
What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.......
RBI nudges rupee weaker, as other currencies slide faster
The Reserve Bank of India's has been gently nudging the rupee lower against the dollar, seeking to align it with trading partners' weaker currencies, and reduce exporters' suffering. Beyond the......
Fed sparks fresh gush in foreign capital flow
Foreign institutional flows into Indian equities have received a boost since the US Federal Reserve’s decision to hold back the tapering in its stimulus programme on September 18. These......
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