The Reserve Bank of India will meet days after a report showed growth collapsed to 4.5 per cent in the July-September quarter, the first time it's been below 5 per cent since 2013
Equity futures signalled a flat to weaker open for Wall Street, after the S&P500 hit a record high, closing lower after the trade deal report .
The abolition of the DDT is one of the long-pending demands of market players as it leads to double taxation
Markets are divided on the timing of such a move, said DBS report
(Reuters) - Technology stocks propelled the benchmark S&P 500 index to an all-time high, while the Nasdaq hovered below its record level, as a possible U.S.-China trade deal and rising bets on a third rate cut by the Federal Reserve fueled optimism.
Decisions from here on will need to be more considered
Adityanath claimed UP was already an attractive destination for private investments and the recent measures would provide further traction to the state
According to brokerages, moderating inflation and a negative output gap are likely to open the door for an accommodative monetary policy
The government's own assessment is that the lack of available credit is the worst in over 70 years
Das said he sees signs of a recovery in economic growth and further monetary policy steps will depend on incoming data
SBI reduced its marginal cost of funds-based lending rate from 8.4% to 8.25%
Policymakers everywhere have been forced to consider more stimulus as fears grow over the broadening fallout of the US-China trade dispute on the global economy
The MPC has also brought down the projection of GDP growth of 6.9 per cent from 7 per cent, which is not significant but definitely does affect sentiment
"We have to only see our domestic demand continues to be robust and ensure that there is a domestic demand revival and that remains strong"
MPC member Ravindra Dholakia had suggested cuts of 50-60 basis points to spur growth, minutes showed