Expert views: China August imports rise for first time in 22 months

BEIJING - China's August imports unexpectedly rose 1.5 percent, the first expansion in 22 months, official data showed on Thursday, suggesting domestic demand in the world's second-largest economy is picking up.

Exports fell by 2.8 percent from a year earlier, less than markets had expected.

That left the country with a trade surplus of $52.05 billio

The launch of Reliance Jio was much awaited and is very much welcome

Below is the views on Reliance Jio by Mr. Dharmesh Kant, Head – Retail Research, Motilal Oswal Securities Ltd 

Reliance industries announced launch of Reliance Jio on 5th of September in its AGM today while delivering knockout punch on pricing of voice and data tariffs which everyone was waiting for. The launch of Reliance Jio was much awaited and

Disruptive Jio offers will help digitise rural India: Experts

 The Reliance Jio announcements are distinctly disruptive and a "bold move" towards digitising millions in the rural parts of the country, setting a tough benchmark for its competitors as data becomes the new oil, experts said on Thursday.

Reacting to an array of announcements made by Reliance Industries Chairman Mukesh Ambani at the company's 39th Annual General Me

Poll: Chinese yuan, India rupee to fall as U.S. Fed hike risks rise

 The Chinese yuan is expected to weaken more than previously thought in a year from now, as will India's rupee, as a slowdown in growth in Asia and rising chances of a near-term interest rate hike in the U.S. boost the dollar, a Reuters poll found.

The survey of over 60 foreign exchange strategists, conducted Aug. 26-Sept. 1, showed the yuan is expected to slip to 6.80 by the

Urjit Patel could herald climate change-financial world links

Historically, central bank chiefs have overlooked the risks due to climate change and focused on tinkering with the repo rate. They act as monetary technicians to reduce the risks for the savers and investors. Inflation, interest rates and currency are the drivers of their anxieties rather than the economic impact of Green House Gas (GHG) emissions and global warming.

Astonishingly, t

Expert views: India`s economic growth slows down

MUMBAI  - India's economy grew at a slower than-expected pace of 7.1 percent in the three months through June from 7.9 percent in the previous quarter, government data showed on Wednesday.

Analysts polled by Reuters had forecast 7.6 percent growth in gross domestic product during the April-June quarter.

COMMENTARY

Interview: Oil market rebalancing could take until end 2017 - Shell

STAVANGER, Norway- The huge global oil oversupply that has weighed on prices for the past two years may not clear until the second half of 2017, Shell's chief energy adviser Wim Thomas told Reuters.

The potential return to the market of some 1.5 million barrels per day of supply from Libya and Nigeria and uncertainty about Iranian and Iraqi produc

India's growth pace likely slowed in April-June: Reuters Poll

BENGALURU - India's economic growth likely lost some momentum in the April-June quarter on cutbacks in domestic and global demand, a Reuters poll showed.

The poll also found that economists expect the newly-passed goods and services tax (GST) will take time to have an impact on gross domestic product growth.

For April-June, the median forecast of 40 econ

92% of villages `electrified` have houses without power

As many as 78 per cent of the 18,452 inhabitable villages the government set out to provide with power have been "electrified". However, 92 per cent of the 10,072 newly-electrified villages include homes which do not have electricity.


On August 22, 2016, the government issued an update to say that 28 villages were "electrified" the previous week (15-21 Augu

RBI Governor Urjit Patel- “Old Wine in New Bottle”? - Dynamic Levels

Urjit Patel, who assumed office as RBI's deputy governor on 11th January 2013, was appointed as the 24th Governor by the Government with his term beginning on 4th September, 2016.

Why Patel?

The government had a set of criteria that would form the basis of selection of the next RBI governor. Firstly, the person should have firsthand exper

Shaping the Market: The Dons of D-Street - Dynamic Levels

Trade on both the bourses, Nifty and Sensex, are greatly influenced by the flow of FIIs in the market. They have been a major indirect player, shaping and restructuring the trade in Indian market. In the second half of 2015, FIIs exited the stocks in a big way. The January-June period of 2016 witnessed the lowest six-month period net investment in five years amounting to $3 billion.

&

RBI Deputy Governor appointment by Mr.Ajay Bodke - Prabhudas

Below is the views on Quote: RBI Deputy Governor appointment by Mr. Ajay Bodke, CEO & Chief Portfolio Manager - PMS, Prabhudas Lilladher

"Institutional Investors both domestic & foreign would welcome the Indian government's appointment of RBI Deputy Governor Dr Urjit Patel as successor to Dr Raghuram Rajan. It signals a seamless continuity i

We hope to see next directional move in markets soon - Religare Sec

Below is the weekly technical recommendations by Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd

Markets remained in consolidation mood for fourth successive week and ended almost unchanged in the end. Mixed set of macro-economic data dampened the sentiments in beginning which later improved with some support from global cues. Amid all

Oil over $50 at six-week high on talk of supply freeze

By Christopher Johnson

LONDON (Reuters) - Brent crude oil hit a six-week high above $50 a barrel on Thursday as the world's biggest producers prepared to discuss a possible freeze in production levels.

Brent rose to $50.22 a barrel, up 37 cents on the day and its highest since July 4 by 1330 GMT. U.S. light crude oil was up 65 cents at $47.44.

Benchmark North S

Brexit Tremors Hit Again, Infosys Feels the Heat - Dynamic Levels

Brexit had fueled the concerns of adverse affect on Indian Companies over a period. The tremors have begun in just less than two months, and Infosys has been the first to feel the shudder. India’s second largest software company has been scathed after the Royal Bank of Scotland mothballed its plan for Williams and Glyn. W&G was the identity of the separate bank that RBS was planning t

Fact check of Prime Minister`s 70th Independence Day speech

 A fact check on claims made by Prime Minister Narendra Modi during his Independence Day speech from the Red Fort:

* Claim: Linked 700 million to Aadhar and direct benefits

Fact: 716.7 million Aadhar-linked beneficiaries through various schemes as on March 31, 2016

* Claim: Solar energy grew by 116 per cent over one year

Fact: Growth of 95 per cent f

Why Hedging the Rupee Doesnt Make Business Sense - Dynamic Levels

Global Turbulence

The turbulence and the risks of Equity investments attract unsolicited risks to hedge fund managers across the world, it’s no surprise thus that Currency Hedging has been the most talked about topic amongst investment firms who venture across borders in search of that extra buck. In the first world countries Currency fluctuation

We maintain our buy rating on Cipla Ltd by Ms. Sarabjit Kour Nangra - Angel

Below is the views on Cipla Ltd 1QFY2017 Results by  Ms. Sarabjit Kour Nangra (VP- Research IT, Angel Broking Pvt Ltd) 

“For 1QFY2017, the company posted lower than expected numbers. Sales during the quarter came in at INR 3,500cr V/s INR 3,743cr expected V/s INR 3,777cr in 1QFY2016, a dip of 7.3%. On the operating profit front, t

Expert Views: India`s inflation accelerates to above RBI target

By Rajesh Kumar Singh

NEW DELHI  - Soaring food prices in July kept India's headline inflation above the Reserve Bank of India's (RBI) near-term target, underscoring the challenge facing the next central bank governor.

Consumer prices rose at a faster-than-expected pace to 6.07 percent last month from a year ago, up from June's 5.77 percent

First isolate, then negotiate: How India`s GST deal was done

By Rajesh Kumar Singh and Manoj Kumar

NEW DELHI  - It took him more than two years, but Prime Minister Narendra Modi has finally discovered the art of the deal.

Realising that a frontal assault wasn't securing the votes needed for India's biggest-ever tax reform, Modi and Finance Minister Arun Jaitley changed tack this spring, government and rul

Commissioning of Kudankulam n-plant enhances component making capacity

The formal commissioning of the first nuclear power plant at Kudankulam on Wednesday would not only enhance atomic power capacity but also the localisation of components, said experts.

"Localisation of production of nuclear equipment in India is important to consolidate Indian manufacturing of nuclear plant equipment. There is already a substantial industrial capacity for ma