Page 99 - Finance News Analysis
T S Vijayan: Charting the path
Here is a snapshot of the sector under Vijayan and hits & misses under his tenure
 "T S Vijayan: Charting the path")
Rupee stays on shaky wicket, slips 8 paise to 66.79
Continued demand for the dollar from importers and banks and a lower opening in the domestic equity market weighed
 "Rupee stays on shaky wicket, slips 8 paise to 66.79")
Rupee loses ground, down 11 paise against dollar
Dealers attributed the rupee's fall to increased demand for the greenback and the latter strengthening overseas
 "Rupee snaps three-day rise")
India's forex reserves touch $353.40 billion
According to RBI, total reserves on March 11 stood at $353.40 billion, up from $350.86 billion on March 4, 2016
 "India's forex reserves touch $353.40 billion")
Rupee strengthens by 38 paise to 66.84 in early trade
The domestic currency gained amidst higher opening in the domestic equity market
 "Rupee strengthens by 38 paise to 66.84 in early trade")
What prevents India's Debt Recovery Tribunals from actually recovering bad debts?
At the end of December 2015, 69, 659 cases were pending with 33 DRTs
 "What prevents India's Debt Recovery Tribunals from actually recovering bad debts?")
Rupee trims initial gains, still up 8 paise against US dollar
It strengthened further at 66.8750 on good bouts of dollar selling from banks before quoting at 66.97 at 10:30 hrs
Monetary policy committee is in economy's interest: Rajan
Says committee will aggregate multiple views better than an individual, offer more continuity, and be under less pressure
 "Monetary policy committee is in economy's interest: Rajan")
Narendra Modi signals country won't join forex devaluation race to boost trade
European and Japanese central banks adopted negative interest rate policies to perk up low inflation, but it has raised volatility in the financial markets
 "Narendra Modi signals country won't join forex devaluation race to boost trade")
Forex reserves at $350.86 bn as RBI steps up dollar purchase
Substantial portion of rise due to rise in value of gold
 "Forex reserves at $350.86 bn as RBI steps up dollar purchase")
Rupee extends gains for 3rd day, ends at 67.05
A recovery in the domestic equity market boosted the rupee value
 "Rupee extends gains for 3rd day, ends at 67.05")
Rupee weakens 11 paise against dollar
Opens at 67.18 against US currency in early trade today
Tracking recovery rate
Rise in bad loans is caused by factors including slowdown in recovery in the global economy and continuing uncertainty in global markets
 "Tracking recovery rate")
Insurers keep it simple and interactive
Going digital has transformed the way insurers such as Bharti AXA, Aegon Life and Tata AIA talk to the customer; they are listening more and creating campaigns that plug the communication gaps
 "Insurers keep it simple and interactive")
Rupee firms up by 14 paise, ends at 67.07
The domestic currency strengthened on sustained selling of dollars by banks and exporters
Foreign reserves at higher level, but debt increases too: DBS
India's total foreign reserves slipped to $346 bn by late-Feb, down about $8.6 bn from its record peak in mid-2015
 "Foreign reserves at higher level, but debt increases too: DBS")
Rupee inches up 8 paise to 67.13 against dollar
Sustained foreign capital inflows gave the rupee some muscle, dealers said
 "Rupee inches up 8 paise to 67.13 against dollar")
Rupee slips 15 paise to 67.5 against dollar
Sustained demand for the dollar from importers weighed on the rupee
 "Ways to gain from continuing currency volatility")