A CRR cut will help banks to reduce lending rates.
Second-tier NBFC stocks are trading at 24.4x their trailing earnings, which is nearly twice their 15-year average of 13.9x
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
Try the LG G8X to experience something fresh, but do not keep your expectations too high, says Khalid Anzar.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
Indians face COVID-19 with record debt, stalled income.
The GoM was told that six states -- Maharashtra, Delhi, Gujarat, Tamil Nadu, Uttar Pradesh and West Bengal -- account for 86 per cent of the deaths caused by COVID-19 and 32 districts account for 80 per cent of such fatalities, the Union health ministry said.
Keeping the employment rate from slipping is challenging. To merely keep the employment rate unchanged, the economy has to generate additional jobs. It needs to run to stay where it is, points out Mahesh Vyas.
Before 2019, an estimated 22 million individual income-tax returns did not have to pay any taxes. But after the change in the exemption level, another 13 million individual tax returns did not require to pay taxes. Thus, of about 58 million returns, as much as 63 per cent or 35 million went out of the direct tax net, A K Bhattacharya points out.
With this, the total strength of TCS's board has increased to 11.
Samsung's new addition to the Galaxy S10-series has something for everyone, says Khalid Anzar.
Puneet Wadhwa and Debashish Pachal locate real estate stocks to watch out for.
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.
Banks have swung into action as gold prices continue to slide. Reduced loan-to-value ratio (LTV), cautious lending, and a close monitoring of the gold loan portfolio have prompted them to hedge their loan books against the reduction in prices.
The Indian indices also offer one of the lowest dividend yields.
The decline in inflation was broad-based across major commodity groups except housing and fuel and light.
The Champions Trophy, to be held in three months' time, would decide the fate of India's most successful cricket captain Mahendra Singh Dhoni, his childhood coach Keshav Banerjee believes.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
When looking at fund returns, avoid looking at just the past 12 months' performance, says Sanjay Kumar Singh
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
The screen does the job, the speakers don't.
Moody's Investors Service on Friday projected India's growth at zero per cent for the current fiscal and said the negative outlook on sovereign rating reflects increasing risks that GDP growth will remain significantly lower than in the past. The outlook also partly shows weaker policy effectiveness to address economic and institutional issues, it noted in the update to its November 2019 rating forecast.
After demonetisation, sharp fall in PE valuation offers an attractive entry point into some quality names and these 3 FMCG companies are expected to see the fastest growth in earnings with at least 15 per cent upside potential
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
In a message to public sector banks (PSBs) that only performers will survive, the government, in an unprecedented move, has decided to allocate capital to only nine PSBs.
Mahesh Nandurkar, executive director and India Strategist at CLSA, talks to Puneet Wadhwa ahead of their 21st India Forum on his interpretation of how the markets have played out over the past few months, the road ahead, and his sector preferences in this backdrop.
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
Given the relevance of bank deposits for Indian savers, whether the regulator would permit linking savings interest rate to a repo-like structure needs to be seen, as a move of this nature could increase volatility in savings also.
As we say shalom to 2016, the key drivers for the markets in the year ahead have become more obvious, says Neeraj Gambhir, managing director and head of fixed income, India, Nomura. First, there is a surging dollar. Second, rising commodity prices. Then, we have the effects of demonetisation.
If net forex outflows turn out to be relatively high in the next few years, the rupee could depreciate beyond Rs 80 to a dollar by 2022. The causal reasons could, for example, include unmet expectations of FPI and FDI investors about the performance of the Indian economy, sharp rise in prices of imported oil and decrease in FX remittances. The RBI has to ask itself whether guaranteeing future rupee-dollar exchange rates on FX forward contracts is a reasonable way to use its risk-bearing capacity, says Jaimini Bhagwati.
'The high unemployment rate being witnessed today is not only the highest in three years but is far more debilitating for the economy than the similar unemployment rates witnessed in 2016,' says Mahesh Vyas.
Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central bank reduced the reverse repo rate -- the rate at which banks park their fund with the central bank -- by 25 basis points to 3.75 per cent.
The Finance Ministry has asked top rung exectives of United bank of India to furnish bad loan recovery report on daily basis.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from "influencers" and is in the process of building a new team. Now, he needs to play a Vikram Pandit for YES Bank, says Tamal Bandyopadhyay.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
With a massive 108 megapixel camera and bezel-less wrap around display, Xiaomi's Mi Mix Alpha comes in a protective glass body that may tempt you to own it. But is it worth the price?
HDFC Bank has ensured that no bank will be able to match them in the near future without bleeding on margins.
