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Comments on CPI data: The inflation for May 2023 cooled off to a 2 year low of 4.25% Says Anand Varadarajan , Asit C Mehta Investment Interrmediats Below Comments on CPI data By Anand Varadarajan, Director, Asit C Mehta Investment Interrmediats “The inflation for May 2023 cooled off to a 2 year low of 4.25%, below RBIs upper target range of 6%. This was down from 4.7% in April 2023 and 5.6% in Mar 2023. Rural inflation stood at 4.17% while urban inflation stood at 4.27% for the month. Food inflation eased to 2.91%, down from 3.8% in April 2023. During the month, the inflation rate for vegetables witnessed a contract...
Comments on CPI data: The inflation for May 2023 cooled off to a 2 year low of 4.25% Says Anand Varadarajan , Asit C Mehta Investment Interrmediats
Comments on CPI data: The inflation for May 2023 cooled off to a 2 year low of 4.25% Says Anand Varadarajan , Asit C Mehta Investment Interrmediats
Source: PR Agency
13/06/2023 6:03:06 PM
RBI June policy reactions By Mr Anand Varadarajan, Asit C Mehta Financial Services Below View On RBI June policy reactions by Mr Anand Varadarajan, Director, Acit C Mehta Financial Services Ltd   "The Reserve Bank of India has kept the repo rate unchanged at 6.5% in its policy meeting today. The status quo has been maintained for the second consecutive policy meeting which signifies that the rate hike cycle has probably come to an end.   FY24 growth forecast has also been retained at 6.5%. Even the inflation forecast for next year has be...
RBI June policy reactions By Mr Anand Varadarajan, Asit C Mehta Financial Services
RBI June policy reactions By Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
8/06/2023 5:44:37 PM
April inflation eases to 4.7%, within RBI tolerance level of 6% for second month in a row Says Mr Anand Varadarajan, Asit C Mehta Financial Services Below View On CPI data by Mr Anand Varadarajan, Director, Acit C Mehta Financial Services Ltd   "April inflation eases to 4.7%, within RBI tolerance level of 6% for second month in a row. In March, the number was 5.6 %. The number was positively impacted by food and fuel prices as well as base effect. The rural and urban inflation for the month were at 4.7% & 4.8% respectively. In the last few months, the economic growth was contributed only by the urban segme...
April inflation eases to 4.7%, within RBI tolerance level of 6% for second month in a row Says Mr Anand Varadarajan, Asit C Mehta Financial Services
April inflation eases to 4.7%, within RBI tolerance level of 6% for second month in a row Says Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
13/05/2023 9:17:05 AM
The inflation for Mar 2023 cooled off below RBIs upper target range of 6% to 5.66% Says Mr Anand Varadarajan,Asit C Mehta Investment Intermediates Ltd Below View On US Fed by Mr Anand Varadarajan, Director, Asit C Mehta Investment Intermediates Ltd  The inflation for Mar 2023 cooled off below RBIs upper target range of 6% to 5.66%. This was primarily on account of moderation seen in food inflation that stood at 4.79% in Mar 2023 down from 5.95% m/m and 7.68% y/y. The inflation numbers have been above 6% throughout the last fiscal barring Nov & Dec when the numbers fell marginally below 6% only to bounce back to 6...
The inflation for Mar 2023 cooled off below RBIs upper target range of 6% to 5.66% Says Mr Anand Varadarajan,Asit C Mehta Investment Intermediates Ltd
The inflation for Mar 2023 cooled off below RBIs upper target range of 6% to 5.66% Says Mr Anand Varadarajan,Asit C Mehta Investment Intermediates Ltd
Source: PR Agency
13/04/2023 10:55:07 AM
The Reserve Bank of India has kept the repo rate unchanged at 6.5% in its policy meeting today Says Mr Anand Varadarajan, Asit C Mehta Financial Services Below Views on RBI policy By Mr Anand Varadarajan, Director, Acit C Mehta Investment Intermediates Ltd The Reserve Bank of India has kept the repo rate unchanged at 6.5% in its policy meeting today. In the current financial year, the RBI has increased repo rate from 4.0% to 6.5%, however, the pace of rate reduced from 50 bps to 35 bps in its last meeting and to zero today. Thus, signalling that we are near the end of the rate hike cycle. The market was expecting a 25 bps hike, however, ...
The Reserve Bank of India has kept the repo rate unchanged at 6.5% in its policy meeting today Says Mr Anand Varadarajan, Asit C Mehta Financial Services
The Reserve Bank of India has kept the repo rate unchanged at 6.5% in its policy meeting today Says Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
6/04/2023 4:38:45 PM
The Fed has raised interest rates by 25 bps in its Mar 2023 policy meeting Says Mr Anand Varadarajan, Asit C Mehta Financial Services Below View On US Fed by Mr Anand Varadarajan, Director, Acit C Mehta Financial Services Ltd "The Fed has raised interest rates by 25 bps in its Mar 2023 policy meeting. It has commented that the fight with inflation will continue which created a sense of caution amongst investors causing some panic in equity markets. However, the Fed has also kept the status quo on the terminal rate at 5.1% indicating that going forward there is expectation of only one more hike. The i...
The Fed has raised interest rates by 25 bps in its Mar 2023 policy meeting Says Mr Anand Varadarajan, Asit C Mehta Financial Services
The Fed has raised interest rates by 25 bps in its Mar 2023 policy meeting Says Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
23/03/2023 2:09:02 PM
The retail inflation is higher for fuel and light at 10.84% Says Mr Anand Varadarajan, Asit C Mehta Financial Services Below View On CPI data by Mr Anand Varadarajan, Director, Acit C Mehta Financial Services Ltd "Retail inflation data for January jumped to a 3 month high of 6.52% owing to a rise in food prices which increased by 5.94%. The rural retail inflation was up by 6.65%, while the urban inflation was up by 4.79 % in January. Inflation in cereals and products rose by 16.12 %, while spices rose by 21.09 per cent. However, the inflation declined for vegetables by 11.7 per cent. The ret...
The retail inflation is higher for fuel and light at 10.84% Says Mr Anand Varadarajan, Asit C Mehta Financial Services
The retail inflation is higher for fuel and light at 10.84% Says Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
14/02/2023 3:19:05 PM
From a consumer perspective, this will increase the cost of funds for financial institutions Says Mr Anand Varadarajan, Asit C Mehta Financial Services Below View On RBI policy by Mr Anand Varadarajan, Director, Acit C Mehta Financial Services Ltd "From a consumer perspective, this will increase the cost of funds for financial institutions and thereby increase interest rates and EMI for people/households. This in turn should reduce demand and inflation due to lower purchasing power in the hands of consumers. From an investor perspective, fixed-income investors would benefit from high-interest rates, FDs, debentures, bo...
From a consumer perspective, this will increase the cost of funds for financial institutions Says Mr Anand Varadarajan, Asit C Mehta Financial Services
From a consumer perspective, this will increase the cost of funds for financial institutions Says Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
8/02/2023 5:28:18 PM
Budget 2023 Reactions : As expected about 2 lac cr under KisaaAnna yojana is going to be spent Says Anand Varadarajan, Asit C Mehta Financial Services Ltd “As expected about 2 lac cr under KisaaAnna yojana is going to be spent. We're going to remain a consumption driven economy. The country does need budgets for spending... Being a young country, the budget is focusing on empowering youth and spending to create an environment for growth in the future... This is a real visionary approach... We also see a lot of focus and assistance on exporting local produce and MakeInIndia . Defence exports have already seen a push and it is exp...
Budget 2023 Reactions : As expected about 2 lac cr under KisaaAnna yojana is going to be spent Says Anand Varadarajan, Asit C Mehta Financial Services Ltd
Budget 2023 Reactions : As expected about 2 lac cr under KisaaAnna yojana is going to be spent Says Anand Varadarajan, Asit C Mehta Financial Services Ltd
Source: Asit C Mehta Investment
1/02/2023 2:27:19 PM
This is at a slower pace than the 75 bps rate increases seen at the prior four meetings Says Mr Anand Varadarajan, Asit C Mehta Financial Services Below View On Fed policy by Mr Anand Varadarajan, Director, Acit C Mehta Financial Services Ltd. “The Fed has raised interest rates by 50 bps in its Dec 2022 policy meeting. This is at a slower pace than the 75 bps rate increases seen at the prior four meetings. However, the Fed has also signaled that rates will have to move higher than previously projected as inflation remains well above its target of 2.0%. The latest policy action is pointing that slowing inflation has...
This is at a slower pace than the 75 bps rate increases seen at the prior four meetings Says Mr Anand Varadarajan, Asit C Mehta Financial Services
This is at a slower pace than the 75 bps rate increases seen at the prior four meetings Says Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
15/12/2022 2:48:58 PM
The pace of rate is reduced from 50 bps in the last 3 hikes to 35 bps in this meeting Says Mr Anand Varadarajan, Asit C Mehta Financial Services Below View On RBI Monetary by Mr Anand Varadarajan, Director, Acit C Mehta Financial Services Ltd. "The Reserve Bank of India hiked the repo rate by 35 bps to 6.25% on December 7/today, continuing its fight against inflation. In the current financial year, the RBI has increased repo rate from 4.0% to 6.25%, however, the pace of rate is reduced from 50 bps in the last 3 hikes to 35 bps in this meeting. This reaffirms our view that the US Fed would increase the rates by 50 ...
The pace of rate is reduced from 50 bps in the last 3 hikes to 35 bps in this meeting Says Mr Anand Varadarajan, Asit C Mehta Financial Services
The pace of rate is reduced from 50 bps in the last 3 hikes to 35 bps in this meeting Says Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
7/12/2022 4:29:11 PM
Perspective on The Fed Policy Statement By Mr Anand Varadarajan, Asit C. Mehta Financial Services Below is Perspective on The Fed Policy Statement By Mr Anand Varadarajan, Director, Asit C. Mehta Financial Services Ltd. The equity markets are likely to see increased volatility in the next few months as the Federal Reserve raised interest rates by another 0.75% again on Wednesday to combat rising inflation.  The decision lifts the target for the benchmark federal funds rate to a range of 3.75% to 4%, its highest level since 2008. The Fed said its battle against inflation will re...
Perspective on The Fed Policy Statement By Mr Anand Varadarajan, Asit C. Mehta Financial Services
Perspective on The Fed Policy Statement By Mr Anand Varadarajan, Asit C. Mehta Financial Services
Source: PR Agency
3/11/2022 3:24:23 PM
ACM signs MoU with iFAST India to acquire the RIA Biz Mumbai : Asit C. Mehta Financial Services ltd group (ACMFSL), one of the leading fintech conglomerates in Indian equity markets, has signed a Memorandum of Understanding (MoU) with iFAST Financial India Pvt Ltd (iFAST India) to acquire their Registered Investment Advisor (RIA) business platform that helps independent financial advisers provide fee-based multi-asset advisory services. The RIA platform proposes to offer unparalleled advisory and investment options to investors. iFASTIndia is a ...
ACM signs MoU with iFAST India to acquire the RIA Biz
ACM signs MoU with iFAST India to acquire the RIA Biz
Source: PR Agency
13/09/2022 5:18:19 PM
CPI August 2022 : The falling crude and commodity prices may offer a respite to RBI By Asit C Mehta Investment Below On ACM statement on IIP and CPI numbers July-August 2022 By Mr. Anand Varadarajan, Director, Asit C Mehta Financial Services Ltd "The erratic as well as poor monsoon and negative seasonality in vegetable prices in many parts of India led to India's retail inflation surge to 7 % on an annual basis in August 2022 from 6.71 % in July 2022. The number has remained above RBI’s tolerance band of 2-6 % for the 8th consecutive month. In Aug 2022, food infla...
CPI August 2022 : The falling crude and commodity prices may offer a respite to RBI By Asit C Mehta Investment
CPI August 2022 : The falling crude and commodity prices may offer a respite to RBI By Asit C Mehta Investment
Source: PR Agency
13/09/2022 10:51:04 AM
ACM launches Scientific Investment based iBaskets for investing in stocks Mumbai : Asit C. Mehta Financial Services Ltd group (ACMFSL), (BSE530723| ASITCFIN), one of the leading fintech conglomerates in Indian equity markets, has launched Scientific Investing driven iBaskets, through Asit C. Mehta Investment Interrmediates Limited- to benefit from Indian growth vectors. These growth vectors are available for systematic investing in Indian equities through a set of 10 iBaskets. Each iBasket is customized to provide investors an opportunity to invest in the equi...
ACM launches Scientific Investment based iBaskets for investing in stocks
ACM launches Scientific Investment based iBaskets for investing in stocks
Source: PR Agency
8/08/2022 4:57:39 PM
Statement on RBI Monetary Policy by Mr Anand Varadarajan, Asit C Mehta Financial Services Below is Statement on RBI Monetary Policy by Mr Anand Varadarajan, Director, Acit C Mehta Financial Services Ltd. Monetary policy committee has acted in line with the expectations given the tighter monetary policies from the central banks globally. After the continuous rate hikes from the Fed, even the European Union has increased policy rates last month after a gap of 11 years. The rate hike will help take pressure off the rupee and let the CAD remain at manageable levels. Impor...
Statement on RBI Monetary Policy by Mr Anand Varadarajan, Asit C Mehta Financial Services
Statement on RBI Monetary Policy by Mr Anand Varadarajan, Asit C Mehta Financial Services
Source: PR Agency
5/08/2022 4:06:51 PM
ACM appoints Mr. Anand Varadarajan as the Director -Innovation & Growth Asit C. Mehta Financial Services Ltd (ACMFSL), (BSE-530723| ASITCFIN), one of the leading fintech conglomerates in Indian equity markets, today announced the appointment of Mr. Anand Varadarajan as the Director -Innovation & Growth for the group. In his new role, with a key focus on PMS, AIFs, ACM I-Basket and Chotta Nivesh, he will be spear-heading all the business development and marketing initiatives across both traditional and digital medium for the group...
ACM appoints Mr. Anand Varadarajan as the Director -Innovation & Growth
ACM appoints Mr. Anand Varadarajan as the Director -Innovation & Growth
Source: PR Agency
21/06/2022 12:33:26 PM