The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
After two surprising, successive rate cuts in January and February 2015, RBI governor Raghuram Rajan decided not to reduce them further in his first policy announcement in the new financial year. Is he playing spoilsport for consumers of homes and cars?
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
An estimated 10,000 to 20,000 jobs will be axed, according to a media report
'The financial sector will be hit even harder than the overall market.' 'The banking sector will eventually be rescued.' 'But it may go into a long downwards spiral before things turn around.' 'Threat or buying opportunity?' asks Devangshu Datta.
It has already cut the rate three times this year to loosen credit and boost slowing growth in Asia's third-largest economy.
A staunch defender of demonetisation, it would be interesting to see how he handles the government's increasing demand for more cash from the RBI, and letting some weak banks get out of prompt corrective action.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
Moody's may up Indian forex debt rating by mid-Feb
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
Microsoft saw its shares fall 2.6% on Monday.
Analysts expect modest recovery in Indian economy.
Total net debt-equity ratio improves for third consecutive year, while investment in new projects hits a 10-year low, says Krishna Kant.
Rajan said he believes that capitalism is breaking down because it is not providing equal opportunities.
he reason behind the cut in policy rate seems to be a slowing economy
As FY20 Budget fiscal measures need to be better understood, a reversal of the stance back to neutral will allow MPC flexibility to respond to incoming data.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
Uttar Pradesh chief minister Akhilesh Yadav has written as many as 80 letter to the PM since he took as the reins of the state three years ago.
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
Besides growing tech and digital enhancements, the firms are ramping up the hiring of more delivery partners and reinforcing existing Covid protocols.
Corporate indebtedness is now twice what it was before the global financial crisis; banks' bad loans ratio is 3.5 times higher.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
While TCS will see demand in the US and Europe, its local business is likely to be hit on poor IT spending.
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
Any defeat for the BJP now would imply that anti-incumbency against Modi has set in, says N Sathiya Moorthy.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
It is thought that the RBI has been accumulating dollars to fight odds.
The AIADMK's staying power is not in question, but it has to regain the winning streak. That will require its leaders and leadership to re-wire themselves, to be able to re-think situations in ways different from what they had been accustomed to, suggests Sathiya Moorthy.
While the rupee depreciation in 2012 persuaded many companies in taking hedges against their foreign currency loans, industry analysts feel it might not be sufficient to counter the swift slide in the value of the local currency.
'The Indian government wakes up after the fact when it can do nothing, or rather lacks the will to prosecute military actions to reverse these adverse PLA-driven developments.'
In the past two weeks China has cut interest rates.
In recent past, midcap stocks have performed well, say experts.
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RBI is scheduled to announce monetary policy on Tuesday.
Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
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