Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fpis-take-out-over-rs-4000-cr-from-equities-in-july-so-far-pace-of-selling-slows/articleshow/92780150.cms Synopsis Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, however, believes that the decline in the pace of net withdrawal by FPIs
Category: ART
*******RBI allows more FPI access to Indian bonds, but returns may not lure flows | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-allows-more-fpi-access-to-indian-bonds-but-returns-may-not-lure-flows-122070801053_1.html Treasury officials believe the move may not work as rising interest rates abroad and high domestic inflation have eroded returns from Indian fixed-income
*****3 companies bag payment aggregator permit – Times of India
lipped from: https://timesofindia.indiatimes.com/business/india-business/3-companies-bag-payment-aggregator-permit/articleshow/92758848.cms MUMBAI: The RBI has given in-principle approvals to Pine Labs, Razorpay and Stripe for a payment aggregator licence. Over 160 operators have shown
*Zerodha CEO Nithin Kamath says Sebi rules protect Indians when US markets catch cold – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/zerodha-ceo-nithin-kamath-says-sebi-rules-protect-indians-when-us-markets-catch-cold/articleshow/92754313.cms Synopsis In a thread on Twitter, Kamath said most of the Sebi regulations have hurt the revenues of brokers in the short term
*******The heat is on: Hard to see when the pressure on the rupee will ease, despite RBI’s efforts | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-heat-is-on-hard-to-see-when-the-pressure-on-the-rupee-will-ease-despite-rbis-efforts/2585524/ Last Friday, they increased the import duties on gold and imposed an export tax on petroleum products; there was an immediate reaction with
*RBI’s steps to have positive impact on capital inflows, rupee: DEA secretary | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbis-steps-to-have-positive-impact-on-capital-inflows-rupee-dea-secretary/2586690/ The central bank on Wednesday announced a series of measures to boost foreign exchange inflows, including permitting overseas investors to buy short-term corporate
*No signs of slowdown in attrition at TCS; firm says it has enough hands | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/no-signs-of-slowdown-in-attrition-at-tcs-firm-says-it-has-enough-hands-122070801272_1.html TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains Photo: Shutterstock Attrition at India’s
*Revving up in low gear: The paradoxes in India’s transport sector | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/revving-up-with-brakes-on-the-paradoxes-in-india-s-transport-sector-122070800816_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 No Indian airline makes money, railways’ passenger traffic is stagnant, and roads have a revenue imbalance problem, but investments in all three are
*******BNPL products do not have enough consumer protection measures: Dvara Research – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bnpl-products-do-not-have-enough-consumer-protection-measures-dvara-research/article65615569.ece Customers are at risk of unknowingly incurring debt, says report Buy Now Pay Later products, which are growing in popularity, have monetary costs
Govt’s ‘oil shock’ for domestic players – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/govts-oil-shock-for-domestic-players/article65617536.ece The recent excise and export duties levied on the oil sector have left both industry and consumers high and dry While the G7
europe stock markets: Europe stares at recession; Russia appears to be on track beating predictions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/europe-stares-at-recession-russia-appears-to-be-on-track-beating-predictions/articleshow/92731208.cms Synopsis Shares tumbled in London and across Europe as a jump in natural gas prices intensified the strain on the European economy, according
Will tokenisation make your credit and debit card transactions safer? | The Financial Express
lipped from: https://www.financialexpress.com/money/will-tokenisation-make-your-credit-and-debit-card-transactions-safer/2587369/ Online transactions are going to be much safer now with the introduction of a new data security process, known as tokenisation, by the
capital flow: Tested method to reverse capital flow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/tested-method-to-reverse-capital-flow/articleshow/92732551.cms Synopsis At current levels of the rupee, the RBI’s intervention in the forex market has been designed to track fundamentals. This is expected
foreign currency deposits: Re deposits more attractive for banks despite measures from RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/re-deposits-more-attractive-for-banks-despite-measures-from-rbi/articleshow/92735373.cms Synopsis In FY14, banks had raised a record $27 billion through the FCNR(B) route after the RBI removed interest rate caps and also
*****Working capital utilisation by sectors linked to geo-political tensions impacted: SBI report – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/working-capital-utilisation-by-sectors-linked-to-geo-political-tensions-impacted-sbi-report/article65610504.ece Credit growth at ₹2.6-lakh cr far outstripped bank deposit growth at ₹1.04-lakh cr in the current year Working capital utilisation by sectors specifically
*Rupee, bonds, equity market bounce back – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/rupee-bonds-equity-market-bounce-back/article65612824.ece Steps taken by RBI, dip in crude oil prices aid the momentum The host of measures announced by the Reserve Bank of India
*****RBI steps in with measures to boost forex flows, stem Re slump – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/rbi-steps-in-with-measures-to-boost-forex-flows-stem-re-slump/article65609536.ece In the backdrop of global uncertainties and the continuing weakness of the rupee against the US dollar, the Reserve Bank of India on
*Rupee gains but market unsure of inflows amid global rush to US dollar | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rupee-gains-but-market-unsure-of-inflows-amid-global-rush-to-us-dollar-122070700960_1.html The rupee settled at 79.18 per US dollar as against 79.30 per US dollar on Wednesday Photo: Brent Lewin/Bloomberg The rupee gained against the US
After wheat, India now curbs the export of wheat flour and related products | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/after-wheat-india-now-curbs-the-export-of-wheat-flour-and-related-products-122070700135_1.html The Centre has made it mandatory for all exporters to seek prior permission from the inter-ministerial committee on wheat export before undertaking any
Windfall tax, new export, import duties may fetch exchequer over Rs 1 trn | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/money-for-something-how-much-will-new-taxes-add-to-govt-coffers-122070701143_1.html Likely to boost elbow room for additional govt capital expenditure; experts see net estimated gains of 0.2-0.3% of GDP on fiscal revenues The