Analysts say RBI will cut rates because the liquidity crunch that began this time last year is still hurting the economy and also with an eye on the August industrial production numbers, which showed a contraction by 1.1 per cent -- the steepest in seven long years.
Bank of America Merrill Lynch believes this would ease pressures on CAD as $10 a bbl fall in oil price reduces CAD by $8 billion or 0.4 per cent of GDP.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.
After a delayed start, the monsoon is advancing steadily.
Growth remains weak, inflation is within 2-6% range, rate cut would help recoup forex reserves
Strong refining and petrochemical margins seen boosting consolidated net by up to 6%
The rupee's stability in the last 12 to 18 months made corporates reduce hedging
Governor Raghuram Rajan's move to cut the MSF rate, at which banks borrow if they exceed their repo borrowing limits, by 0.50 per cent to 9 per cent should not be construed as a reversal in his policy stance and is more of a normalising measure, Citi said in a note.
The hardening of the Wholesale Price Index follows an uptick in retail inflation.
This was the fifth consecutive quarter when the Indian markets have seen positive flows from FIIs.
Chances of a rate cut in April improve if core inflation continues to ease, growth falling below the projected 7.2% for FY19 and if the global trade slowdown exacerbates.
The government on May 17 formed a five-member committee.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
Raghuram Rajan on February 2 left the key interest rate unchanged.
Ma is also exploring strategic play in one of the largest media houses in India.
The year 2015 is likely to see lower rates to support growth and the Reserve Bank is expected to cut key policy rates by 0.25 per cent in February's monetary policy review meet, says a Bank of America Merrill Lynch report.
Sebi takes 6 merchant bankers to task for lapses in IPO
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
Reliance has significant investments in telecom, consumer retail and media businesses in India.
The underperforming metal for 2017 expected to return 17-20%
Ambani has unveiled an over Rs 1.8 trillion capex plan for the next three years.
According to the foreign brokerage major, after two quarters of 'near-zero' growth aggregate headline profit for Sensex companies, it is expected to show a weak recovery.
The Reserve Bank of India (RBI) is likely to take a "more dovish" stance in its upcoming monetary policy review on December 2 and may go in for a cut repo rate in February, according to a British brokerage house report.
The unearthing of capital flight of "black" money Indians have allegedly stashed away in Swiss banks could add $30 billion to the country's forex reserves, says a Bank of America Merrill Lynch report.
Rosier year-end seen for Indian pharma thanks to faster US approvals.
The global brokerage firm further said that BoP would be INR-supportive.
Pulses cropping has jumped to 39.4 per cent above 2015 levels.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
A below-normal monsoon can bring down India's GDP growth by 0.50-0.75 per cent this financial year, forcing the Reserve Bank to delay rate cuts to 2015, Bank of America-Merrill Lynch (BofA-ML) said.
Amid slowing growth and low interest rates, investors will need to focus on stock-picking, suggests John Remmert.
Bank of America Merrill Lynch and JP Morgan are bankers for the bonds
At the end of September quarter, Tail Winds held 68,15,843 shares, equivalent to 7.89 per cent holding, of Jet Airways.
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In the global market, the dollar was quoted lower in the early trade with investors looking ahead to the following day's European Central Bank policy decision.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
The broader market performance, however, is expected to be better by virtue of good performance of state-owned banks on a low base.
RBI may go for a 25-basis point cut at its February policy meet.
The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
Rajan had overturned the majority opinion of the members and chose to hold the rates at the last monetary policy review in October.
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