Extent of NIM compression will depend on further rate cuts
Duggad says the benefits of the ₹1 trillion tax stimulus announced in the Union Budget will start to take effect from the first quarter (Q1) of 2025-26 (FY26)
The RBI reduced its policy repo rate by 25 basis points (bps) to 6.5 per cent in the first rate cut since May 2020, when there had been a 40-bp reduction to 4 per cent amid Covid
Indian banks' loan growth has moderated for six straight months through December as the liquidity constraints forced lenders to focus on boosting deposits, instead of issuing credit
State of government finances, concessions offered to tax-payers, and the commitment to progress on the fiscal glide path is eminently complemented by the monetary measures makes this policy different
As the RBI takes steps to address both short-term and durable liquidity concerns, the focus now shifts to whether these measures can create the right conditions for rate cut transmission
Say durable liquidity infusion needed to reinvigorate economy; bank CEOs to meet RBI officials today
Bank CEOs to meet for pre-policy talk on Monday
India, US bond yield spread narrowest in nearly 20-yr; Sensex slips below 80K after 4 days of equity selloff
Inflation hit a 14-mth high of 6.2% in Oct, breaching MPC's upper tolerance band
US election results: The brokerage believes Donald Trump's protectionist policies such as higher tariffs, and policies against immigration, could be a curve ball for global trade
The one-month non-deliverable forward indicated that the rupee will open at 83.98-83.99 to the US dollar, compared with 83.9775 in the previous session
With foreign direct investments (FDI) growing 47.8 per cent to USD 16.17 billion during April-June 2024, India is expected to see further acceleration in the inflow on account of a potential Fed rate cut, modest growth outlook in the US, and the country's favourable economic outlook, experts say. They also said that investment destinations have changed over the decade and have got more diversified, with capital flowing into new emerging sectors. Compared to eight years ago, power, construction, healthcare, chemicals, and non-conventional energy have now been attractive investment destinations, Rumki Majumdar, Economist, Deloitte India, said. "We foresee this trend of strong FDI to accelerate in the coming quarters. The anticipated US election results, a potential Fed rate cut, modest growth outlook in the US, and India's favourable economic outlook will likely attract global investors to India," she added. Aakash Dasgupta, Partner, IndusLaw, said that while the FDI inflow seems t
ECB cut rates in early June but made no commitment about any further moves, arguing inflation was still too high
In the 12 months through May, the personal consumption expenditures price index increased 2.6 per cent after advancing 2.7 per cent in April
The futures market is pricing in 50 basis points of rate cuts this year, according to the CME FedWatch tool
A 41 per cent plurality of economists expect the US Fed to signal two cuts in the closely watched dot plot, while an equal number expect the forecasts to show just one or no cuts at all
Retail inflation rose as of last count as prices of vegetables and cereals skyrocketed, beating all market expectations and putting pressure on the government to bring down prices
The State Council said in a statement Wednesday that monetary tools "such as a RRR cut" will be used "in a timely and appropriate manner" to maintain reasonably ample liquidity
RBI should not undermine the price and financial stability objectives