Clipped from: https://www.business-standard.com/article/economy-policy/rbi-likely-to-up-inflation-projection-in-june-mull-more-rate-hikes-report-122051101354_1.html The central bank raised the repo rate by 40 basis points to 4.40% following a emergency meeting earlier this month. Photo: Bloomberg India’s
Category: ART
*Asian, EMs entering the late stages of a bear market: Morgan Stanley | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/asian-ems-entering-the-late-stages-of-a-bear-market-morgan-stanley-122051101086_1.html Over the next 12 months, Morgan Stanley forecasts range-bound markets for equities, credit, yields, and the US dollar Photo: Shutterstock Asian and emerging markets are
*****Exporters of services, job-sensitive sectors may benefit from rupee slide | The Financial Express
Clipped from: https://www.financialexpress.com/economy/exporters-of-services-job-sensitive-sectors-may-benefit-from-rupee-slide/2518260/ The depreciation will also partially soften the blow of elevated shipping costs and supply chain disruptions in the wake of the Russia-Ukraine crisis.
750 WhiteHat Jr employees quit over back-to-office, salary woes | The Financial Express
Clipped from: https://www.financialexpress.com/industry/750-whitehat-jr-employees-quit-over-back-to-office-salary-woes/2521161/ “Yes, people were asked to relocate and some chose to resign – that is a different story but 800 is a highly inflated
*****RBI unlikely to turn ultra-defensive on rupee: Central bank to revise inflation forecast in June | The Financial Express
No plan to buy govt debt to curb yield The central bank will revise its inflation forecast upwards in its June review, as price pressure
*****In a first, Turkey places orders for 50,000 t wheat from India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/in-a-first-turkey-places-orders-for-50000-t-wheat-from-india/articleshow/91477042.cms Synopsis Wheat prices shot up as Indian wheat is in demand in the global markets after exports from Ukraine came to a grinding
*****RBI takes futures, NDF route to protect Rupee, forex – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/rbi-takes-futures-ndf-route-to-protect-rupee-forex/articleshow/91479504.cms Synopsis The central bank is said to have sold dollars in the futures market and the offshore non-deliverable forwards (NDF) markets to prevent
*****Is there a wheat crisis? Centre has reasons to be cautious, but there’s no need for panic or abrupt measures at this stage | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/is-there-a-wheat-crisis-centre-has-reasons-to-be-cautious-but-theres-no-need-for-panic-or-abrupt-measures-at-this-stage/2518062/ There is intense private activity in the markets, and wheat is reportedly being bought at prices ‘slightly above MSP’. Government procurement, understandably, is
*Demystifying life insurance jargons | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/your-money-demystifying-life-insurance-jargons/2519407/ The policyholders must read the entire policy document very carefully and in case of any doubts, call up the insurance agent or even
Employees playing politics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/employees-playing-politics/article65378381.ece Employees of social media firms have been vocal about political issues | Photo Credit: scyther5 Being politically vocal can muddy work culture Elon
*‘Cut down notice period in IT/ITES sector to global standards’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/cut-down-notice-period-in-itites-sector-to-global-standards/article65400715.ece Thomas Brenneke, Founder & CEO, Network Redux, Thomas Brenneke of Network Redux says with unmatched Indian talent, there should be a fair system
*****Sharp fall in tech stocks feels like the dot-com boom: Zerodha’s Nithin Kamath – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/sharp-fall-in-tech-stocks-feels-like-the-dot-com-boom-zerodhas-nithin-kamath/article65401078.ece Nithin Kamath, Founder and CEO of Zerodha Shares concerns on how expectations have changed with companies focusing on generating enough cash flows to
*****Frontrunning probe: What should Axis MF investors do now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/mutual-funds/frontrunning-probe-what-should-axis-mf-investors-do-now/article65400903.ece Action taken by AMC against two fund managers, including chief dealer, handling certain equity schemes Just when things were going good for Axis
Equity MF inflows dip 44% as investors turn cautious – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/equity-mf-inflow-dips-44-per-cent-as-investors-turn-cautious/article65401090.ece Rising interest rate amid high inflation to hit corporate earnings; SIP contributions down 4% Inflows into equity funds dipped 44 per cent to
*After trillions in losses, Asia’s stock rout looks far from over | Business Standard News
Clipped from: https://www.business-standard.com/article/international/after-trillions-in-losses-asia-s-stock-rout-looks-far-from-over-122051001777_1.html MSCI Asia Pacific Index has dropped 19% from Jan peak The MSCI logo | Photo: Reuters All signs point to more losses ahead
Ukraine’s economy to shrink by 30% in 2022 due to war, says EBRD | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ukraine-s-economy-to-shrink-by-30-in-2022-due-to-war-says-ebrd-122051100026_1.html Russia’s invasion has upended trade in energy, agricultural commodities and fertilisers and disrupted supply chains, resulting in slower growth across eastern Europe (Photo:
Banning abortion would hurt US economy: Treasury Secretary Janet Yellen | Business Standard News
Clipped from: https://www.business-standard.com/article/international/banning-abortion-would-hurt-us%E2%80%88economy-treasury-secretary-janet-yellen-122051100044_1.html Eliminating the right to access abortion services “would have very damaging effects on the economy and would set women back decades,” Yellen told
Govt meets stakeholders today as industry seeks ban on cotton exports | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-meets-stakeholders-today-as-industry-seeks-ban-on-cotton-exports-122051001761_1.html Here is a look at the major issues surrounding them despite import without duty As the government once again sits with stakeholders on
Quarterly appraisals, mass hiring: How India Inc is tackling attrition | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/quarterly-appraisals-mass-hiring-how-india-inc-is-tackling-attrition-122051000674_1.html Also on offer: Higher promotions, work flexibility, eldercare & childcare support to track attrition. Photo: Shutterstock A post on LinkedIn by a human
RBI steps in to stem rupee fall, defends 77.50 per dollar level | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-steps-in-to-stem-rupee-fall-defends-77-50-per-dollar-level-122051100007_1.html Sources said the RBI aims to maintain foreign exchange reserves of $600 billion in such uncertain times Photo: Shutterstock A day after the rupee hit