May touch 64/$ due to foreign flows slowing down
While rate cuts may increase churn between banks, these may not boost credit offtake meaningfully.
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
FMC approves commodity bourse's contract-launch calendar for two years.
Broking firm Jefferies says Indian financial system is now flooded with the kind of liquidity witnessed in 2005-07 and 2009-10
HDFC and Infosys contribute the most to today's rally.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
Instead of a rate hike, or even a pause, there could be a window for the RBI for an interest rate cut
Market recovery on the cards in 2014 as investors are likely to chase higher yields
Major institutes see rise in summer placements; consulting, BFSI, e-commerce firms are top recruiters, says Vinay Umarji.
The B-school also witnessed new roles in the domain.
The RBI opened a forex swap window in August to meet the entire daily dollar requirements of three oil marketing companies as the rupee depreciated to an all-time low of 68.85 against the US currency.
BlackBerry has signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence, it said in a statement.
Though Indian banks don't have large exposure to subprime mortgages, analysts are worried at the rise in their restructured loan portfolios and deterioration in credit quality.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
Analysts expect the indices to dip further if the global macros do not stabilise
RBI is expected to cut policy rates by 50 basis points by 2016.
In a recent report, BofA-ML suggests investors to track these six event risks in July apart from the Greek drama
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
'Despite uncertainties around demonetisation and the GST, we expect Indian equities to deliver positive returns.'
At a time when major economies have increased spending, India will have to do the same.
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
Demonetisation impact, earnings growth, central bank policies will get attention.
Only three of India's 45 commercial banks have cut base lending rates since the Reserve Bank of India's surprise easing this month, hurting the government's drive to lift business investment.
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
Sanjay Mookim, India equity strategist at Bank of America Merrill Lynch, tells Puneet Wadhwa that this is not a time for investors to dabble in relatively small and illiquid stocks.
The Eclipse, with its vanilla and fruity palette, is easy to drink on the rocks, says Ritika Kochhar.
Experts say a lot of new wealth is being generated by promoters selling their stake.
Bullion may settle with limited upside potential
News of all that transpired on and off the football field
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Gold has held up better than many expected.
Bank of America Merrill Lynch on Monday trimmed India's economic growth estimates by 30 basis points to 7.1 per cent for the current fiscal, while global financial services giant Morgan Stanley downgraded its GDP growth forecast for the current fiscal to 7.3 per cent from the earlier 7.7 per cent.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
Pharma stocks have performed well after Budget
Why India is an attractive investment destination
Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion.
RBI Governor Raghuram Rajan has said falling oil prices act as a cushion for CAD, adding it is time India does away with restrictions on gold imports
Experts hail 2014 as the worst year for banks.
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