Pre-market update: RBI policy decision likely to set the equity market trend on Friday; Strong FIIs buying a positive; Ganesh Infraworld likely to witness a bumper listing on the NSE SME platform.
MPC is largely expected to hold the key policy rate steady at 6.5 per cent for the eleventh straight meeting, but a few economists have forecast a 25 basis points (bps) cut
The RBI's crucial Monetary Policy review is underway, with Governor Shaktikanta Das set to reveal key decisions on December 6 at 10 am. Here's what you need to know
Pre-market update: Asian shares traded with steady gains on Thursday; Back home the weekly Nifty expiry and upcoming RBI policy outcome to weigh on investor sentiment today.
Pre-market update: The strength in the Sensex, Nifty 3-day rally is likely to be tested on Wednesday amid tepid cues and as focus shifts towards the RBI policy.
Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.
The CPI inflation for Q3 FY2025 is expected to overshoot the MPC's estimate of 4.8 per cent for the quarter by at least 60-70 bps
While the RBI has previously stopped banks from adding long positions on the dollar-rupee, they have not asked them to cut positions in recent years
In October 2024, the rupee appreciated by 1.8 per cent month-on-month (M-o-M) in terms of the 40-currency REER
NRO deposits also saw inflows worth $ 2.19 billion from April-September 2024, compared to $ 1.88 billion during the same period a year ago
FPIs will need to seek government approval before reclassification in applicable cases
BS BFSI Summit: While food inflation is a prominent factor in India's economic policy, global influences, particularly from the US Fed, cannot be overlooked, say economists at Business Standard summit
Distrust has emerged as a major barrier in policymaking across India, deeply rooted in the colonial legacy of governance
In the context of US elections and possible uncertainty, Mr Das said the Indian economy and the financial sector were well placed to deal with any spillover impact from global economy
Abandoning its earlier policy of intervening only during periods of heightened volatility, the RBI over the past couple of years has used its vast forex reserves to keep Rupee in a narrow range
Ever since the liberalisation in 1991, the RBI has pursued a flexible exchange rate policy
The issuance was tightly priced, said market participants
P2P platforms enable lenders to earn interest income, though with the risk of delay or default by borrowers
Headline inflation likely to remain on track throughout 2025-26
Here is the best of Business Standard's opinion pieces for today