FACTBOX - Potential successors to RBI chief Raghuram Rajan

 The RBI governor Raghuram Rajan stunned government officials and investors on Saturday by announcing he would step down when his term ends on September 4.

Finance Minister Arun Jaitley said the government would name a successor soon and a senior official told Reuters there were currently seven names on a list of possible candidates.e

Here is some background on the cand

Arunachal can fulfil country`s power requirement: Chief Minister Kalikho Pul

With over 140 hydro-power projects allotted to various PSUs and private power companies in Arunachal Pradesh, newly appointed Chief Minister Kalikho Pul says the dream of Prime Minister Narendra Modi of having an electrified India can be fulfilled if all the allocated power projects in the northeastern border state are completed on time.

Arunachal Pradesh had the potential to ful

Business model will force more M&A in life insurance sector

The proposed merger of Max Life Insurance/Max Financial Services with HDFC Standard Life Insurance may pave the way for more such deals in the future due to the current business model of Indian life insurers, say senior industry officials.

They also said over the next couple of months, officials of Max group and HDFC Standard Life will be having tough negotiations over aspects li

The upcoming week is going to be decisive for the world - Religare Sec

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

Equity markets consolidated for yet another week and finally settled unchanged; mainly supressed by global jitters. Disappointing IIP figure triggered a dismal start, which further deteriorated on report of rise in CPI inflation o

One will have to be nible footed next week - Motilal Oswal Securities Ltd

This was a flat week for the market with a 0.16% decline this week, despite a large number of global events this week and the next.
 
Monsoons continue to be trying patience of brokers and investors. Global events went off peacefully. The US Fed did not change the rates as was the expectation, but voted 60% to raise rates only once during CY16. The Fed, however, downgraded gr

Possible Fed rate hikes to impact China`s economy: Bloomberg

Any raise in interest rates by the US Federal Reserve will have a moderate and manageable impact on China's economy, said Bloomberg economists on Friday.

"If the Fed increases interest rates twice this year, the impact on the US dollar would be marginal. You will see some modest appreciation, but not anything too substantial," Xinhua news agency quoted Michael McDonough,

Russia says its position on Brexit depends on how it affects EU

Russia's position on the possible exit of Britain from the European Union (EU) depends on whether or not it will weaken the EU, the country's Deputy Prime Minister Arkady Dvorkovich said.

"We need a strong partner, and Europe is our key partner in the world," Xinhua news agency quoted Dvorkovich as saying on Friday.

If Brexit will weaken the EU, then Russia

Federal Reserve would hike rates in September if Global uncertainty reduces by Mr. Murthy Nagarajan - Quantum AMC  

Below is the Views On Fed meet Mr. Murthy Nagarajan-Head-fixed Income, Quantum AMC  

“As expected, US Federal Reserve did not rise the Fed Fund Rates. However, an interesting point is 6 members  out of 17 in the committee now expect only one rate hike in the calendar year.  Due to slowdown in productivity growth  and ageing population th

Insight - Fed faces battle to escape worlds low interest rate grip

By Howard Schneider

WASHINGTON - Evidence that the U.S. neutral rate of interest remains stalled near zero may slow Federal Reserve rate hikes even more than expected, tying the hands of policymakers until a rebound in global demand or other forces raise that key measure of the economy’s underlying strength.

Though difficult to estimate precisely, the

We feel the outcome of global events may cause short term volatility - Religare Sec

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

Equity markets witnessed a pause in the passing week after two weeks of jubilation and ended slightly lower. Mainly global concerns were weighing on the sentiments and the domestic cues were also not so encouraging, which capped up

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

Below is the views on Update of Infosys:by Ms. Sarabjit Kour Nangra (VP Research-IT, Angel Broking Pvt Ltd)
 
“Infosys in an update has mentioned that visa and compensation costs are likely to impact margins by 200bps in 1QFY2017. Company, while marinating that its margins in near term are likely stay pressured given the "commoditisation" that

Stress in Indian banking will be short-lived: Naina Lal Kidwai

The stress in the Indian banking system is short-lived and this key industry will only emerge stronger, says veteran banker Naina Lal Kidwai.

With more than 35 years of banking experience behind her, Kidwai spoke to IANS here on a host of issues -- from the stressed banking scenario in India, consolidation, fears over bad loans, the bad exposures to Kingfisher and HSBC India's own

India inflation likely edged up to 5.52 percent in May: Reuters poll

By Deepti Govind

BENGALURU  - Higher food and fuel prices pushed Indian inflation up in May, according to a Reuters poll of economists who said good monsoon rains would temper it in the coming months and give the central bank room to ease further.

The survey predicted annual consumer price inflation nudged up to 5.52 percent in May from April's 5.39

Second Bi-Monthly Monetary Policy by Mr. Dinesh Thakkar - Angel Broking Pvt Ltd

Below is  the views on Second Bi-Monthly Monetary Policy by Mr. Dinesh Thakkar (Chairman & Managing Director, Angel Broking Pvt Ltd)


“The RBI has kept the key policy rates unchanged in its second bi-monthly monetary policy review. Consequently the Repo rate remains at 6.5% and CRR at 4%. The CPI inflation negatively surprised for the Month of Ap

RBI maintained status quo in its policy rate By Dr. Arun Singh - Dun & Bradstreet India.

Below is the view on RBI’s Monetary Policy By Dr. Arun Singh - Lead. Economist - Dun & Bradstreet India.


“The RBI maintained status quo in its policy rate while reiterating its focus on improving the liquidity situation. All eyes are now set on the monsoon rains as it could have potential inflationary or disinflationary pressures. The upside ri

Expert Views - RBI signals prospect of rate cut later this year

MUMBAI  - The Reserve Bank of India (RBI) kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday, while signalling the prospect of another cut later this year if monsoon rains dampen upward pressure on food prices.

COMMENTARY

MARIE DIRON, SENIOR VICE-PRESIDENT, SOVEREIGN RISK GROUP, MOODY'S INV

The broader trend is still bullish - Religare Securities Ltd

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

Equity markets consolidated in a narrow range in the passing week and gained close to a percent, in continuation the prevailing uptrend. Upbeat macro-economic data and hopes of better monsoon helped index to sustain at the higher l

RBI seen holding rates on June 7, cut next quarter: Reuters poll

By Shrutee Sarkar

THe Reserve Bank of India (RBI) is likely to keep its benchmark repo interest rate unchanged at a five-year low of 6.50 percent at a policy review on Tuesday, according to all but one of the 44 economists polled by Reuters this week.

The survey forecast just one more rate cut in the coming year, with most expecting the Reserve Bank of India to cut by 25 bas

We maintain our Buy rating on Sun Pharmaceutical Industries Ltd by Ms. Sarabjit Kour Nangra - Angel Broking Pvt Ltd

 Below is the views on Sun Pharmaceutical Industries Limited 4QFY2016 Results Ms. Sarabjit Kour Nangra (VP Research- Pharma, Angel Broking Pvt Ltd)
 
“For 4QFY2016 the company posted results below exceptions on sales front while posting results better than expected on the net profit. The company posted the sales of INR 7,414cr depicting a grow

We maintain our Buy rating on Aurobindo Pharma Ltd by Ms. Sarabjit Kour Nangra - Angel Broking Pvt Ltd

Below is the views on Aurobindo Pharma Ltd 4QFY2016 Results by Ms. Sarabjit Kour Nangra (VP- Research Pharma, Angel Broking Pvt Ltd)
 

 “For 4QFY2016, the company posted results below expectations on the net profit, while sales and OPM were mostly in line with the expectations. On the sales front, the sales came in at INR 3474cr, posting a gro

We maintain our Buy rating on IPCA Laboratories Ltd by Ms. Sarabjit Kour Nangra - Angel Broking Pvt Ltd

Below is the views on  IPCA Laboratories Ltd 4QFY2016 Results by Ms. Sarabjit Kour Nangra (VP Research- Pharma , Angel Broking Pvt Ltd)

IPCA Labs (CMP: INR 436 / TP: Under Review/ Upside:)

“For 4QFY2016, IPCA Labs posted results much below expectations on sales and OPM front, while tax write back lead the net profit come in better than

India's economy grows 7.9 percent in Jane-March

India's economic growth accelerated a stronger-than-expected 7.9 percent in the three months through March from a year earlier, up from a revised 7.2 percent in the previous quarter, government data showed on Tuesday.

For the 2015/16 fiscal year ending in March, growth came in at 7.6 percent, in line with the official estimate.

 

Most economists say Brexit will harm economy - poll

LONDON - Nine out of 10 of Britain's top economists working in London's City financial district, small business and academia believe the economy will be harmed if Britain leaves the European Union, a poll said on Sunday.

The poll, which the Observer newspaper said was the biggest of its kind drawing responses from more than 600 economists, is a boost

Quote on Economy & two years of Modi Government by Mr. Ajay Bodke - Prabhudas Lilladher Ltd

Below is the view on Quote on Economy & two years of Modi Government by Mr. Ajay Bodke (Prabhudas Lilladher Ltd)

NDA government under Prime Minister Modi had seriously underestimated the precarious state of the economy left behind by the previous regime. The excesses in the public sector banking system in particular were so egregious that it has taken the com