Clipped from: https://economictimes.indiatimes.com/markets/expert-view/how-to-interpret-rbi-guvs-nuanced-approach-to-monetary-policy-hdfc-banks-abheek-barua-explains/articleshow/85100967.cmsSynopsis “I think it (the policy) is largely dovish. It is growth oriented and perhaps a little more. I would borrow from Mr Das’s
Month: August 2021
MCA eases the path for foreign firms raising money in Gift-City – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/mca-eases-the-path-for-foreign-firms-raising-money-in-gift-city/article35788940.ece In a move that is expected to open the floodgates, they are now allowed to raise capital without filing a prospectus with the
Start-ups based on new definition can now bid for consultancy, other services of govt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/start-ups-based-on-new-definition-can-now-bid-for-consultancy-other-services-of-govt/article35758436.ece Entity up to 10 years of existence, turnover up to ₹100 crore can be called a ‘start-up’ The Finance Ministry has incorporated a
Amid asset quality woes, FPIs pull out nearly ₹11,000 crore from financials in July – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/amid-asset-quality-woes-fpis-pull-out-nearly-11000-crore-from-financials-in-july/article35790101.ece Spike in fresh slippages from banks and NBFCs, too, remains a concern for investors Foreign portfolio investors (FPIs) have pulled out close to
MPC in 2 minutes: Here’re the key development and regulatory steps | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-s-inflation-projections-jump-growth-numbers-dip-as-recvovery-wobbles-121080601145_1.html While it termed current inflation as transitory, MPC also expects it to edge up to near-6% levels towards 2021-22 end, highlighting stickiness of
RBI’s inflation projections jump, growth numbers dip as recvovery wobbles | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-s-inflation-projections-jump-growth-numbers-dip-as-recvovery-wobbles-121080601145_1.html While it termed current inflation as transitory, MPC also expects it to edge up to near-6% levels towards 2021-22 end, highlighting stickiness of
Spreading disinflation over 2-3 years to reduce output loss, says RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/spreading-disinflation-over-2-3-years-to-reduce-output-loss-says-rbi-121080700052_1.html ‘There is no blanket ban on opening of current accounts’, said M Rajeshwar Rao RBI Governor Shaktikanta Das | Photo: Bloomberg After the
I-T dept issues 3 email IDs for registering grievances under faceless assessment scheme – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/i-t-dept-issues-3-email-ids-for-registering-grievances-under-faceless-assessment-scheme/2306303/ Under the faceless assessment system, a taxpayer or an assessee is not required to visit an I-T department office or meet a department
RBI policy key highlights: RBI maintains status quo on key policy rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-maintains-status-quo-on-key-policy-rates/articleshow/85090970.cmsSynopsis Repo rates stand firm at 4% while MSF and reverse repo rates remain unchanged too. RBI governer Shaktikanta Das highlights that economy is
RBI policy favours home buyers, but experts call for more sops to boost demand – BusinessToday
Clipped from: https://www.businesstoday.in/industry/top-story/story/rbi-policy-favours-home-buyers-but-experts-call-for-more-sops-to-boost-demand-303483-2021-08-06 Housing sector experts say continuing low interest rate scenario supports environment of affordability, which has become new hallmark of housing market during pandemic
RBI’s position of prioritising growth over inflation-control is becoming increasingly difficult to maintain | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committee-reserve-bank-of-india-7442309/ An initial reflection of this unease can be seen in the lack of consensus among the six MPC members when it came to
RBI Money Policy: RBI policy: Has the central bank lost the plot in terms of communication? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-policy-has-the-central-bank-lost-the-plot-in-terms-of-communication/articleshow/85103842.cmsSynopsis RBI Governor Shaktikanta Das and Deputy Governor Michael Patra raised more questions than answers on Friday. Das was repeatedly asked at a press
PHDCCI calls for 3-tier GST, capping highest slab at 18% | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/phdcci-calls-for-3-tier-gst-capping-highest-slab-at-18-121080400899_1.html Industry chamber PHDCCI on Wednesday called for a 3-tier GST rate structure, with the highest slab at 18 per cent, to help boost
RBI Monetary Policy announcements: Reactions from market experts, Video Gallery – Business Standard
Clipped from: https://www.business-standard.com/multimedia/video-gallery/market/rbi-monetary-policy-announcements-reactions-from-market-experts-129427.htm RBI Monetary Policy announcements: Reactions from market experts Reserve Bank of India kept interest rates steady at record lows but raised its inflation
RBI Monetary Policy: Key takeaways of Governor Shaktikanta Das’s speech, Video Gallery – Business Standard
lipped from: https://www.business-standard.com/multimedia/video-gallery/general/rbi-monetary-policy-key-takeaways-of-governor-shaktikanta-das-s-speech-129401.htm Kanishka Gupta Last Updated at August 6, 2021 14:01 ISThttps://www.youtube.com/embed/eXZ6rCmTuKw RBI Monetary Policy: Key takeaways of Governor Shaktikanta Das’s speech This is the seventh
Aditya Birla Sun Life AMC receives Sebi’s final approval for IPO | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/aditya-birla-sun-life-amc-receives-sebi-s-final-approval-for-ipo-121080600367_1.html Sources say that the IPO size could be around Rs 2,000 crore The fund house had filed its draft red herring prospectus (DRHP)
The first soft signal of return to normalcy from Monetary Policy Committee? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-first-soft-signal-of-return-to-normalcy-from-monetary-policy-committee-121080601162_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 The Reserve Bank of India (RBI) sounds relatively more confident on growth now and, at the same time, its concerns on inflation are
MPC reassures status quo on rates, but changes view on inflation | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/mpc-reassures-status-quo-on-rates-but-changes-view-on-inflation-121080600368_1.html The temporary supply shocks that have led to higher inflation has been kept aside by the MPC while focusing on growth Madan Sabnavis,
PM Narendra Modi unveils strategy to boost exports | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pm-narendra-modi-unveils-strategy-to-boost-exports-121080601758_1.html Interacting with Heads of Indian Missions abroad and stakeholders of trade and commerce virtually, Modi pointed out four factors that are very important
Monetary policy review: RBI holds rates steady, ups inflation forecast | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-review-rbi-holds-rates-steady-ups-inflation-forecast-121080700065_1.html The RBI governor defended his protracted rate pause and lengthy accommodative stance as a compulsion brought by the pandemic Illustration: Ajay Mohanty The Reserve