News

Domestic market witnesses late recovery supported by positive uptick in European market Domestic equities reversed their losses following a recovery in the global markets after Italian authorities clarified that the new tax could not breach 0.1 per cent of a lender's total assets, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. Nifty traded in negative territory for the most part of the session, but last-hour buying at lower levels helped the indices close near the day’s high with gains of 62 points at 19,633 levels. The Sense...
Domestic market witnesses late recovery supported by positive uptick in European market
Domestic market witnesses late recovery supported by positive uptick in European market
Source: IANS
9/08/2023 5:18:37 PM
Retail inflation falls to 18-month low of 4.70%, to remain range-bound within 5% in May-June: ICRA New Delhi, May 12 With retail inflation sliding to an 18-month low of 4.70 per cent in April 2023, rating agency ICRA foresees the CPI inflation to remain range-bound at 4.7-5.0 per cent in May-June 2023. According to official data, retail inflation was lower in April compared to 5.66 per cent in March 2023, owing to fall in food prices. Aditi Nayar, chief economist and head - research & outreach, ICRA Ltd, while commenting on consumer price index-based inflation, said: "April ...
Retail inflation falls to 18-month low of 4.70%, to remain range-bound within 5% in May-June: ICRA
Retail inflation falls to 18-month low of 4.70%, to remain range-bound within 5% in May-June: ICRA
Source: IANS
12/05/2023 8:11:21 PM
Comment On RBI Monetary Policy For Real Estate By Mr. Ramani Sastri, Sterling Developers Pvt. Ltd. Below is Comment On RBI Monetary Policy For Real Estate By Mr. Ramani Sastri - Chairman & MD, Sterling Developers Pvt. Ltd. RBI's decision to keep policy rates unchanged will continue to improve sentiments in the real estate sector and signals the government’s focus on driving consumption. This will also provide the required fuel for the growth of the economy along with the real estate sector, which is allied with several other industries. For home buyers, this deci...
Comment On RBI Monetary Policy For Real Estate By Mr. Ramani Sastri, Sterling Developers Pvt. Ltd.
Comment On RBI Monetary Policy For Real Estate By Mr. Ramani Sastri, Sterling Developers Pvt. Ltd.
Source: PR Agency
8/04/2022 11:13:02 AM
Policy support: RBI MPC retains accommodative stance, repo rate The Reserve Bank of India (RBI) on Friday retained its key lending rate during the first monetary policy review of FY23. Besides, the growth-oriented accommodative stance was also retained. Accordingly, the Monetary Policy Committee (MPC) of the central bank maintained the repo rate, or short-term lending rate, for commercial banks, at 4 per cent. It was widely expected that MPC would hold rates and the accommodative stance.  
Policy support: RBI MPC retains accommodative stance, repo rate
Policy support: RBI MPC retains accommodative stance, repo rate
Source: IANS
8/04/2022 10:34:02 AM
Reaction on Monetary Policy By Ms. Rajee R, Brickwork Ratings Below are Views on RBI Monetary Policy By Ms. Rajee R, Chief Ratings Officer, Brickwork Ratings In line with BWR’s expectations, RBI continued its dovish stance and remained accommodative by reiterating that despite the economic recovery and aggregate demand gaining traction and improving inflation outlook, continued policy support is warranted to support domestic growth, which is the highest priority. Continuing with its calibrated liquidity management polic...
Reaction on Monetary Policy By Ms. Rajee R, Brickwork Ratings
Reaction on Monetary Policy By Ms. Rajee R, Brickwork Ratings
Source: PR Agency
10/02/2022 12:26:04 PM
MPC pauses and lowers inflation forecast; RBI discontinues G-SAP - ICICI Securities * MPC’s status quo on rates and voting pattern along expected lines: In the bimonthly monetary policy conducted between 6-8 October, the MPC kept the repo rate unchanged at 4%. It also kept the LAF corridor unchanged, consequently leaving the reverse repo and MSF at 3.35% and 4.25% respectively. As expected, all six members of the committee voted to keep rates unchanged while Prof. Jayanth Varma voted against continuing with accommodative stance. While the rate and stance decisions take...
MPC pauses and lowers inflation forecast; RBI discontinues G-SAP - ICICI Securities
MPC pauses and lowers inflation forecast; RBI discontinues G-SAP - ICICI Securities
Source: ICICI Securities
11/10/2021 11:25:30 AM
Expert Comment: India's retail inflation rises to 5.52% in March India's retail inflation rose to 5.52% in March from a year earlier, government data released on Monday showed. Analysts in a Reuters poll had predicted annual inflation at 5.40% for the month. COMMENTARY RUPA REGE NITSURE, GROUP CHIEF ECONOMIST, L&T FINANCIAL HOLDINGS, MUMBAI "Industrial production has contracted at a much faster-than-expected pace of 3.6%, led by a steep contraction in mining and manufacturing sectors. It is clear that restrictions and restraints in...
Expert Comment: India's retail inflation rises to 5.52% in March
Expert Comment: India's retail inflation rises to 5.52% in March
Source: (Reuters)
12/04/2021 7:00:03 PM
India retains RBI's retail Inflation target band New Delhi, March 31 India has retained the Reserve Bank's retail inflation target band of 2-6 per cent under the 'Flexible Inflation Targeting' framework. The target for retail inflation has been retained at 4 per cent with a margin of 2 per cent on either side for the period of 2021-26. Economic Affairs Secretary Tarun Bajaj said that the inflation target for 2021-2026 period has been retained. The FIT framework was adopted in 2016 and was supposed to have expired on Mar...
India retains RBI's retail Inflation target band
India retains RBI's retail Inflation target band
Source: (IANS) 
31/03/2021 10:39:21 PM