Page 42 - Rbi Policy
MPC ups inflation projection for Q3 and Q4, keeps it at 6.7% for full FY23
Panel cuts economic growth forecast by 20 bps to 6.8% for the year; Q3 lowered by 20 bps and Q4 by 40 bps
 "MPC ups inflation projection for Q3 and Q4, keeps it at 6.7% for full FY23")
RBI introduces single-block-and-multiple debits functionality in UPI
Feature will make payments easier for e-commerce and investments in securities
 "RBI introduces single-block-and-multiple debits functionality in UPI")
RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%
RBI governor Shaktikanta Das emphasises concerns on core inflation, says overall price momentum high
 "RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%")
Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%
At 10:35 AM; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up in the range of 0.10% to 0.90%; while Nifty Auto and Nifty Realty indices slipped up to 0.2%.
 "Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%")
RBI Monetary Policy: Expect 35 bps repo rate hike tomorrow, say experts
RBI Policy: After an initial rate hike of 40 basis points on May 4, the RBI has hiked the repo rate by 50 basis points thrice, on June 8, August 5 and September 30
Stocks to Watch: HDFC AMC, Voda Idea, IDBI Bank, Bikaji, Axis, ICICI Bank
Stocks to Watch Today: Shares of rate sensitive sectors such as auto, banks, NBFCs and real estate are likely to be in focus owing to the RBI policy announcement on Wednesday.
 "Stocks to Watch: HDFC AMC, Voda Idea, IDBI Bank, Bikaji, Axis, ICICI Bank")
RBI set to raise rates today; outlook on growth, inflation in focus
The RBI's outlook, which will accompany the rates decision, will be an important pointer to future policy moves, said economists
 "RBI set to raise rates today; outlook on growth, inflation in focus")
Cooling prices give Reserve Bank of India space to slow interest-rate hikes
Das will announce the rate decision through a webcast at 10 am in Mumbai on Wednesday, and will address a press conference at 12 pm.
 "Cooling prices give Reserve Bank of India space to slow interest-rate hikes")
Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%
CLOSING BELL: RIL (down 1.45 per cent), Tech M, Dr Reddy's Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards
 "Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%")
RBI likely to moderate rate tightening amid retail inflation, say experts
According to experts, after three consecutive 50 basis point rate hikes, the RBI may decide to reduce the rate increase by 25 to 35 basis points for lending rates
Will RBI play spoilsport or cheer the bull party?
Equity markets have started the last month of 2022 at record high levels as renewed buying by FIIs, and hopes of moderation in rate hikes boosted sentiment. What factors will guide this trading week?
 "Will RBI play spoilsport or cheer the bull party?")
Festivals boost credit card spends to record high of Rs 1.29 trillion
On a year-on-year (YoY) basis, spends were up over 25 per cent, despite a high base
 "Festivals boost credit card spends to record high of Rs 1.29 trillion")
RBI's Housing Price index up 4.5% in Q2, Kochi tops chart with 11.5% rise
Four of the 10 cities in the index recorded sequential contraction, the others posted expansion
 "RBI's Housing Price index up 4.5% in Q2, Kochi tops chart with 11.5% rise")
Key indicator suggests RBI may go for another 35 bps rate hike before pause
Swap rates decline post fall in US, India inflation
At the crossroads: How are ARCs to augment their capital to Rs 300 crore?
The asset reconstruction business is in for a big change, but there are doubts if this will lead to better results
 "At the crossroads: How are ARCs to augment their capital to Rs 300 crore?")
Govt raises PSB CEO term to 10 years, seeks younger talent at the top
A candidate can be appointed for 5 years initially, extendable for another five years; this is also applicable for executive directors who are also wholetime directors
 "Govt raises PSB CEO term to 10 years, seeks younger talent at the top")
India considers plan to reduce short-term borrowing as yields surge
The government may avoid incremental borrowing via the bills and only borrow to meet its previous repayment needs in the next quarter
 "India considers plan to reduce short-term borrowing as yields surge")
Game-changing rules for asset reconstruction companies
The new norms succinctly sum up the RBI's view on how some of the ARCs have been run
India's forex reserves down again; fall $1.1 billion to $529.99 billion
The latest decline in the reserves was primarily on account of a fall in the RBI's gold reserves, which fell by $705 million to 37.06 billion
 "India's forex reserves down again; fall $1.1 billion to $529.99 billion")
ESMA logjam: India, EU differences may impact trade between two countries
ESMA has this week said Indian clearing corporations will not be recognised as such in Europe because "no cooperation arrangements" could be signed between it and the Indian regulators
 "ESMA logjam: India, EU differences may impact trade between two countries")