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Quote on US based Hedge Fund on the monetary policy By Suman Bannerjee, Hedonova Below the Quote on US based Hedge Fund on the monetary policy Suman Bannerjee, CIO, Hedonova   One important aspect is that capital expenditure by companies is set to increase. Healthy balance sheets of banks and corporates, supply chain normalisation, business optimism and robust government capital expenditure are favourable for a renewal of the capex cycle which is showing signs of getting broad-based. Capital expenditure normally leads to higher inflation. The decision to keep t...
Quote on US based Hedge Fund on the monetary policy By Suman Bannerjee, Hedonova
Quote on US based Hedge Fund on the monetary policy By Suman Bannerjee, Hedonova
Source: PR Agency
10/08/2023 3:30:05 PM
US based Hedge Fund on the IMF India`s GDF forecast By Suman Bannerjee, Hedonova  Below The Quote On a US based Hedge Fund on the IMF India’s GDF forecast By  Suman Bannerjee, CIO, Hedonova, India's GDP will rise due to strong tech and service sector growth, increased foreign investment, favorable demographic dividends, governmental policy reforms facilitating business, and a predicted recovery in consumer spending post-Covid-19, contributing to a healthier overall economic outlook. The forecast of 6.1% is pessimistic, I expect it to be 6....
US based Hedge Fund on the IMF India`s GDF forecast By Suman Bannerjee, Hedonova
US based Hedge Fund on the IMF India`s GDF forecast By Suman Bannerjee, Hedonova
Source: PR Agency
26/07/2023 10:26:52 AM
GST Online Gaming Quote By Suman Bannerjee, Hedonova Below Quote On GST - Online Gaming By Suman Bannerjee, CIO, Hedonova, a US based Hedge Fund    The decision of charging 28% GST will have a negative impact on the overall gaming industry. Online gaming companies and gamers will get affected the most. I feel this a good step taken by GST council. GST on things like gambling and horseracing should be as high as possible. These are sins of society which people should not indulge in, especially the poor and the midd...
GST Online Gaming Quote By Suman Bannerjee, Hedonova
GST Online Gaming Quote By Suman Bannerjee, Hedonova
Source: PR Agency
13/07/2023 9:18:32 AM
Quote on India GDP numbers By Suman Bannerjee, Hedonova Below quote from Suman Bannerjee, CIO, Hedonova, a US based Hedge Fund on GDP numbers   The GDP figures surpassing expectations doesn't surprise me. The Rupee has shown relative weakness against the dollar over the past year, while there's been a significant upsurge in export volumes. Moreover, we have been able to decrease our oil import expenses due to our advantageous ties with Russia. This scenario has resulted in a decrease in the balance of payments account,...
Quote on India GDP numbers By Suman Bannerjee, Hedonova
Quote on India GDP numbers By Suman Bannerjee, Hedonova
Source: PR Agency
31/05/2023 6:12:13 PM
SEBI regulations for passive funds By Suman Bannerjee, CIO, Hedonova, a US based Hedge Fund  Below quote from Suman Bannerjee, CIO, Hedonova, a US based Hedge Fund The Securities and Exchange Board of India (SEBI) is planning to reduce compliance requirements for passive funds that track market indices or specific market segments, such as passive index funds and exchange-traded funds (ETFs). The move is aimed at fostering the growth of passive investments in the Indian mutual fund industry. The regulator is introducing "mutual fund light" regulations to provid...
SEBI regulations for passive funds By Suman Bannerjee, CIO, Hedonova, a US based Hedge Fund
SEBI regulations for passive funds By Suman Bannerjee, CIO, Hedonova, a US based Hedge Fund
Source: PR Agency
27/05/2023 12:43:45 PM
SEBI proposal - expenses charged to mutual fund investors Below comments from Suman Bannerjee, CIO, Hedonova, a US based Hedge fund, investing in alternative assets and P2P lending.  The proposed revamp of expenses charged to mutual fund investors by the Securities and Exchange Board of India (SEBI) is indeed significant and aims to bring about several positive changes within the mutual fund industry. Here are some potential impacts of these proposed changes:   * Shift to AMC-level calculation of Total Expense Ratio (TER): Movi...
SEBI proposal - expenses charged to mutual fund investors
SEBI proposal - expenses charged to mutual fund investors
Source: PR Agency
19/05/2023 5:32:20 PM
Quote Fed rate Hike : The banking crisis will mostly be mitigated by the Treasury instead of the Fed By Suman Bannerjee, Hedonova Bwlow US based Hedge fund, investing in alternative assets and P2P lending By Suman Bannerjee, CIO, Hedonova The 25 basis point hike is welcome, even on the backdrop of the US banking crisis. Reading the FOMC statement it is clear that the Fed is laser focused on taming inflation. This is a great approach since high inflation can affect an export oriented economy like the US in multiple ways, such as weakening of the dollar, reduction of exports or increase in balance of payments...
Quote Fed rate Hike : The banking crisis will mostly be mitigated by the Treasury instead of the Fed By Suman Bannerjee, Hedonova
Quote Fed rate Hike : The banking crisis will mostly be mitigated by the Treasury instead of the Fed By Suman Bannerjee, Hedonova
Source: PR Agency
4/05/2023 12:03:08 PM
Views on RBI Monetary Policy By Suman Bannerjee, Hedonova Below is view on RBI Monetary Policy By Suman Bannerjee, CIO, Hedonova The RBI did the right thing by keeping the repo rate unchanged. Inflation is on the path of taming down but credit is still tight. Easing U.S. yields have led to similar moves in local bonds, with the 10-year US yield easing to around 3.28% on Thursday as US job data in February dropped to the lowest level in nearly two years, implying the labour market is finally cooling. The RBI could need to watch the economic d...
Views on RBI Monetary Policy By Suman Bannerjee, Hedonova
Views on RBI Monetary Policy By Suman Bannerjee, Hedonova
Source: PR Agency
6/04/2023 3:23:58 PM
Post Budget Reaction : Budget 2023 is a multi-dimensional Says Suman Bannerjee, Hedonova Below is Post Budget Comment By Suman Bannerjee, CIO, Hedonova Budget 2023 is a multi-dimensional budget offering a consumption boost and capital gains tax status quo. The budget focuses on reviving domestic demand and public investments, creating jobs, increasing infrastructure spending, reducing the deficit, and bringing the economy back on track. The exemption limit on individual income tax has been raised to 7 lakhs, leading to a boost in GDP by approximately 80,000 Rs per person. M...
Post Budget Reaction : Budget 2023 is a multi-dimensional Says Suman Bannerjee, Hedonova
Post Budget Reaction : Budget 2023 is a multi-dimensional Says Suman Bannerjee, Hedonova
Source: PR Agency
2/02/2023 4:01:25 PM
Economic Survey - India`s GDP growth estimated at 6-6.8% Says Suman Bannerjee, Hedonova Below is comment from Suman Bannerjee, CIO, Hedonova, An AIF firm investing in alternative assets such as NFTs, Crypto and P2P lending on Economic Survey The Economic Survey 2022-23 projects India's economy to grow 6.5% in 2023-24, with growth driven by private consumption, higher capex, and credit growth to small businesses. India remains the fastest-growing major economy in the world, with real GDP growth estimated at 6-6.8%. Inflation is projected to be 6.8%, while the ext...
Economic Survey - India`s GDP growth estimated at 6-6.8% Says Suman Bannerjee, Hedonova
Economic Survey - India`s GDP growth estimated at 6-6.8% Says Suman Bannerjee, Hedonova
Source: PR Agency
31/01/2023 3:45:56 PM
The Fed is going to raise rates again by 50 basis points Says Suman Bannerjee, Hedonova Below is view Expectation from Fed meeting this week by Suman Bannerjee, CIO, Hedonova The Fed is going to raise rates again by 50 basis points, after a series of 75 basis point hikes, the slower rate hike is expected. Most investors will criticize but I'm rooting for it. Yes, higher rates may slow down the economy; yes, it increases the chance of inflation; but what surely will happen is that inflation will get tamed.   Above views are of the author and not o...
The Fed is going to raise rates again by 50 basis points Says Suman Bannerjee, Hedonova
The Fed is going to raise rates again by 50 basis points Says Suman Bannerjee, Hedonova
Source: PR Agency
13/12/2022 4:27:45 PM
Views on RBI Monetary Policy By Suman Bannerjee, Hedonova Below is view on RBI Monetary Policy By Suman Bannerjee, CIO, Hedonova The news is great and in-line with what’s required. The 50 bips repo hike will take down inflation by a lot. We should next whatch out for comments on the open market operation or anything that will control the currency fluctuation.   Above views are of the author and not of the website kindly read disclaimer
Views on RBI Monetary Policy By Suman Bannerjee, Hedonova
Views on RBI Monetary Policy By Suman Bannerjee, Hedonova
Source: PR Agency
30/09/2022 5:17:57 PM
Quote On Fed Meeting Expectations By Suman Bannerjee,Hedonova Below Quote On Fed Meeting Expectations By Suman Bannerjee, CIO, Hedonova Money moves away from emerging markets when US rates are higher. The 30 years US Treasury bill is set to return 4.5% after the coming rate hike. For institutional investors, it does not make sense to keep money in Indian equities, which are already richly valued, has a weak currency, and high inflation. Money will move out of Indian equities and into US treasuries causing a significant drop in Indian equities. &nb...
Quote On Fed Meeting Expectations By Suman Bannerjee,Hedonova
Quote On Fed Meeting Expectations By Suman Bannerjee,Hedonova
Source: PR Agency
20/09/2022 4:06:58 PM
Quote On Nifty : Nifty reclaims 18K Says Suman Bannerjee, Hedonova Below Quote On Nifty By Suman Bannerjee, CIO, Hedonova The markets are going higher on decreasing daily volume at a time when institutional investors are exiting. 18000 is a landmark number but I do not think it will sustain when the Q2 results start coming in. The second quarter experiences a weak rupee and high inflation; coupled together it means that input costs of firms were exorbitantly high with no time to pass on these costs to customers. Earnings will probably drop by ar...
Quote On Nifty : Nifty reclaims 18K Says Suman Bannerjee, Hedonova
Quote On Nifty : Nifty reclaims 18K Says Suman Bannerjee, Hedonova
Source: PR Agency
13/09/2022 3:01:10 PM
Finance ministry releases fifth instalment of revenue deficit grant of Rs 7,183 crore to 14 states for FY23 The finance ministry has released the fifth instalment of revenue deficit grant of Rs 7,183 crore to 14 states for the current fiscal (FY23). The states for which Post Devolution Revenue Deficit (PDRD) Grant has been recommended by the 15th Finance Commission during 2022-23 are -- Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttarakhand and West Bengal. The 15th Finance Commission has recommended a total PDRD gr...
Finance ministry releases fifth instalment of revenue deficit grant of Rs 7,183 crore to 14 states for FY23
Finance ministry releases fifth instalment of revenue deficit grant of Rs 7,183 crore to 14 states for FY23
Source: Accord Fintech
4/08/2022 10:13:29 AM
Record trade deficit adds to India's external balance challenges, rupee woes  India's record high trade deficit in July signals a further deterioration in the country's external balances, which is likely to keep the rupee under pressure, analysts said on Wednesday. Trade deficit in Asia's third largest economy widened to an all-time high of $31 billion, data on Tuesday showed, prompting concerns about the country's ability to fund its current account deficit and hurting the outlook for the rupee. "I think after looking at the July trade...
Record trade deficit adds to India's external balance challenges, rupee woes
Record trade deficit adds to India's external balance challenges, rupee woes
Source: Reuters
3/08/2022 11:00:23 AM
Indian rupee weakens after four days of gains on record trade deficit The Indian rupee lost ground on Wednesday after four straight sessions of gains as the country's ballooning trade deficit and uncertainty around the upcoming central bank decision dented its appeal. The partially convertible rupee closed at 79.16 against the dollar, erasing gains from the previous session, when it closed at 78.71. India's provisional J  The Indian rupee lost ground on Wednesday after four straight sessions of gains as the country's ballooning trade d...
Indian rupee weakens after four days of gains on record trade deficit
Indian rupee weakens after four days of gains on record trade deficit
Source: Reuters
3/08/2022 10:16:33 AM