Market participants must appreciate that staying cautious is a virtue for central bankers and should not expect a sudden reversal in the formal monetary policy stance.
India's banks rely on overnight borrowings to fund longer-term lending.
BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS
'No private project will take off at such high interest rates'
The poll of over 30 economists, taken in the past week, showed Asia's third largest economy will expand 7.8 percent in the fiscal year ending March 2017.
The rupee is expected to remain volatile in the new financial year.
This time the all-powerful interest-rate setting panel, whose constitution was notified by the government on Thursday, will take call on interest rate. But that's not the only change. The Reserve Bank of India has also decided to change the timing of announcement of its policy review, due next Tuesday, to mid-afternoon.
Almost 40 per cent of a durable company's sales are achieved during the festival season
North Block and Mint Road seem likely to now stick to the earlier convention of the RBI governor coming to Delhi and being the only MPC member meeting the finance minister and senior bureaucrats on pre-policy meetings
According to fund managers, expectations of a 25-basis-point increase in the cash reserve ratio of banks have heightened in the wake of RBI's surprise twin moves to make short-term money dearer as part of its attempts to curb the rupee's volatility.
How investors can tweak their fixed income investments to earn more in the current environment.
New Reserve Bank of India chief makes his first monetary policy statement on Friday with expectations he may scale back some of the emergency measures that have helped the rupee bounce from a record low.
'Are they assuming that by the end of May or the 15th of June, we will see the end of the pandemic?'
Commercial papers, certificates of deposit also dry up
The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it.
Sensex to end this year at 27,500 and reach 29,000 by mid 2016.
Monetary policy easing in India puts it out of step with the United States, the world's largest economy, where interest rates are expected to rise later this year
The RBI has hiked repo or short-term lending rate up by 0.25 pc to 7.75 pc.
The RBI's projections for consumer inflation over the rest of the year indicate some acceleration, with the rate reaching eight per cent in its baseline scenario.
As with TCS, most companies put their money in mutual funds, corporate bonds and bank deposits, which are losing their appeal versus government bonds in terms of both returns and safety.
Economist Dr Subramanian Swamy, whose Janata Party merged with the Bharatiya Janata Party in August, has issued the following press statement on the Indian economy and demanded the implementation of a four-point agenda to save it.
RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes
Arvind Subramanian will hold classes for a week on applied economics at IIT Delhi
RBI awaits fiscal stance, inflation to cool off to decide on rates.
The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run
'Modi must keep his members in check or risk losing domestic and global credibility,' Moody's warned.
Economy improving but long way to full recovery, says FSDC.
As COVID-19 infections spike in the country resulting in restrictions in various states and impacting the fragile recovery, many economists are expecting RBI to delay the policy normalisation move, which is expected in the February review. The country has reported a single-day rise of 58,097 new Covid-19 cases as of Wednesday morning--the highest in around 199 days -- of which 2,135 are Omicron cases and later in the day, the first confirmed Omicron-related death has also been reported. Maharashtra recorded the maximum number of 653 Omicron cases followed by Delhi at 464, Kerala 185, Rajasthan 174, Gujarat 154 and Tamil Nadu 121 cases, taking the total tally of cases to 3,50,18,358.
'This looks like a long-term bear market and there could be mounting losses in the near-term,' says Devangshu Datta.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
Budget was a mild disappointment. Yet, the bull run continues.
The outlook on liquidity depends on various factors this week. If the Reserve Bank of India decides to remove the cap on the amount raised under the reverse repo, it will immediately modulate the liquidity.
'For someone who wants to invest for the future or his family, diversification is necessary.' 'Diversify across asset classes -- equities, gold, real estate, fixed income, commodities, and even cryptocurrency.'
There was no sale of premium sedan Kizashi during the month.
In putting the country's economy back on the rails, it is best that Narendra Modi and Arun Jaitley draw on grass-roots feedback and their own practical sense and native wisdom without allowing themselves to be sucked into the quicksand of economic punditry, says B S Raghavan.
Brazil striker Neymar stepped up to take a penalty against Colombia in a friendly game on Wednesday night in the US that could have won the match for them, but the highly-rated forward made a mess of it when he fired his shot way over the bar, way over most of the stands at New Jersey's MetLife Stadium, and towards the seats near the top tier.
Debt funds typically held 0-5 per cent of their portfolio in cash and cash equivalents before this Sebi diktat.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
'If an investor is ready to stay put for the next five years, one can consider investing in mid- and small-cap funds, but through SIPs.'
By consolidating borrowings, the total EMI burden and interest cost can be reduced.
