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Quote on RBI Monetary Policy Committee meeting by Sunil Damnia, CIO, MojoPMS Below the Quote on RBI Monetary Policy Committee meeting by Sunil Damnia, CIO, MojoPMS   Statements from central banks have gained heightened importance following Japan's interest rate hike, with significant attention on the Federal Reserve's potential acceleration of rate cuts in the United States. Considering the global context, along with the higher base effect and favourable monsoon conditions, it would have been prudent for the Reserve Bank of India (RBI) to cut intere...
Quote on RBI Monetary Policy Committee meeting by Sunil Damnia, CIO, MojoPMS
Quote on RBI Monetary Policy Committee meeting by Sunil Damnia, CIO, MojoPMS
Source: PR Agency
2024-08-08 01:47:53 pm
Expectations on Monetary Policy Committee by Suman Bannerjee, CIO, Hedonova Below the Expectations on Monetary Policy Committee by Suman Bannerjee, CIO, Hedonova   Amid persistent inflationary pressures, particularly due to rising food prices, the Reserve Bank of India (RBI) is expected to maintain the current benchmark rate. This cautious approach is designed to balance economic growth with price stability. By holding the rate steady, the RBI aims to mitigate inflation without stifling economic momentum. Rising food prices have been a significant contribu...
Expectations on Monetary Policy Committee by Suman Bannerjee, CIO, Hedonova
Expectations on Monetary Policy Committee by Suman Bannerjee, CIO, Hedonova
Source: Hedonova
2024-08-06 05:07:06 pm
Quote on Budget by Suman Bannerjee, CIO, Hedonova Below the Quote on Budget  by Suman Bannerjee, CIO, Hedonova   The Union Budget 2024, while aiming to balance growth and equity, presents a complex mix of policies with varied impacts. The revised income tax slabs, offering relief for the middle class, are countered by significant changes in capital gains taxation. Short-term capital gains tax has been increased to 20%, and long-term capital gains tax is now 12.5% for specific assets, potentially discouraging investment. Addit...
Quote on Budget by Suman Bannerjee, CIO, Hedonova
Quote on Budget by Suman Bannerjee, CIO, Hedonova
Source: Hedonova
2024-07-25 10:30:15 am