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
Category: May Look At Leisurely
*****A jump in forward premiums could ease pressure on Rupee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/a-jump-in-forward-premiums-could-ease-pressure-on-rupee/articleshow/92735332.cms Synopsis A day after the RBI announced measures to shore up forex reserves and arrest the local unit’s free fall, the rupee gained
*******How stability in the rising dollar could revive portfolio inflows into India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/how-stability-in-the-rising-dollar-could-revive-portfolio-inflows-into-india/articleshow/92732382.cms Synopsis For a while, it seemed that the dollar was losing momentum at levels of over 105 for the DXY. That led analysts
*Rupee’s slide pits RBI against a market full of bears – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/rupees-slide-pits-rbi-against-market-full-of-bears/articleshow/92730314.cms Synopsis The currency has already dropped more than 6% this year, putting it on the threshold of 80 per dollar for the first
*A major recession in developed countries is unlikely: AIIB chief economist | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-major-recession-in-developed-countries-is-unlikely-aiib-chief-economist-122070801068_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 We will have inflation at an elevated level for some time, says AIIB chief economist Erik Berglof AIIB chief economist Erik Berglöf Amid
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
As external environment becomes challenging, RBI moves to boost inflows, anticipating pressures ahead | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/rbi-moves-to-boost-inflows-anticipating-pressures-ahead-8015851/ For the entire first quarter, the deficit was more than double the level observed last year, and many analysts are now expecting the
*Ashima Goyal writes | Inflation Targeting: Why the criticisms of the RBI governor are misplaced–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/inflation-targeting-criticisms-rbi-misplaced-8015523/ Ashima Goyal writes: India has achieved higher growth and lower inflation than most countries in these difficult times. It is dangerous to apply
Lessons from the Raj: Whether it is gold or salt, higher duties don’t work | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/lessons-from-the-raj-whether-it-is-gold-or-salt-higher-duties-don-t-work-122070800199_1.html The problem of gas in Europe, oil in the US and gold in India is a lifestyle problem. High taxes and import duties
Rupee’s travails: What has led to the fall, and what can Reserve Bank do? | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rupee-s-travails-what-has-led-to-the-fall-and-what-can-reserve-bank-do-122070800609_1.html The foremost reason for the currency’s fall is the money being pulled out from the Indian economy by the FPIs and FIIs. In
*Import duty hike: No gain from raising gold levies | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/import-duty-hike-no-gain-from-raising-gold-levies/2586759/ Hiking the import duty on gold just incentivises smuggling. Bullion beats paper, at least in this part of the world. In places such
*******Are we headed for an external sector crisis? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/are-we-headed-for-an-external-sector-crisis/article65612894.ece The CAD is at a unsustainable level and the RBI’s measures are expected to work merely as short-term fixes India’s external sector is
*RBI should make conscious effort to internationalise Rupee: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rbi-should-make-conscious-effort-to-internationalise-rupee-sbi-report/article65610549.ece ‘Internationalisation’ of a currency is an expression of its external credibility as the economy integrates globally The Reserve Bank of India (RBI) should
*******Dollar deals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-measures-on-capital-flows-is-a-signal-to-speculators-but-they-may-not-increase-flows-materially/article65611530.ece RBI measures on capital flows is a signal to speculators, but they may not increase flows materially The gathering strength of the US
Mistakes make a Meesho: What founder Vidit Aatrey learned from failed ideas | Business Standard News
Clipped from: https://www.business-standard.com/article/specials/mistakes-make-a-meesho-what-founder-vidit-aatrey-learned-from-failed-ideas-122070700691_1.html Meesho discovered its successful business model the hard way Although Vidit Aatrey (right) and Sanjeev Barnwal started in 2015, it was a while
*****Defending the rupee | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/defending-the-rupee-122070701292_1.html Market adjustment should not be delayed for long The Reserve Bank of India (RBI) on Wednesday announced measures aimed at boosting foreign exchange inflows to
*ICICI Securities falls 1% as CLSA downgrades rating, earnings view | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/icici-securities-falls-1-as-clsa-downgrades-rating-earnings-view-122070601088_1.html Shares of the largest listed brokerage have nearly halved this year Sharp spikes in market volatility and changing regulatory landscape have led to
*****Weak rupee a worry for Indian firms as 44% foreign loans unhedged | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/weak-rupee-a-worry-for-indian-firms-as-44-foreign-loans-unhedged-122070601116_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Experts say the rupee is expected to depreciate further during the year as there is huge maturity of forex loans coming up As
*Why Rs 80 per dollar isn’t a sign of weakness – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/why-an-80-rupee-dollar-isnt-a-sign-of-weakness/articleshow/92460595.cms The world over, people tend to view a strong national currency as a sign of virility, like an erect penis. That may be
Why India should tax firms profiting from Ukraine war – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/why-india-should-tax-firms-profiting-from-ukraine-war/articleshow/92019070.cms The story, which was first published on June 5, 2022, has been updatedThe Ukraine war caused crude oil prices to shoot up by
