Expect RBI to keep accommodative stance at least till first half of FY22

chart

Governor Shaktikanta Das has pledged to stay accommodative well into 2021 as he tries to dig the economy out of an unprecedented technical recession

RBI, Reserve Bank of India

We think the MPC could express its willingness to maintain the accommodative monetary stance at least till H1FY22, which should help sentiments

Business Standard

RBI Governor Shaktikanta Das

Further rate cuts are contingent on the non-banking financial company sector recovery prospect

Rate cuts to continue

As far as future rate cuts are concerned, we expect one more 25 basis points rate cut in this cycle

Monetary policy: RBI may go for another 25 bps cut in Aug, says expert

Kaushik Das

Encouraged by a lower CPI inflation trajectory, the Reserve Bank of India (RBI) has cut the repo rate by 50 basis points (bps) in the first quarter of FY15. While longer-tenure bond yields have reduced significantly, the transmission from a repo rate cut to lower bank lending rates has not materialised yet, due to the following factors.Asymmetry in monetary policy transmissionBanks find it more difficult to cut lending rates immediately after a cut in the policy rate because the cost of deposits does not adjust commensurately and immediately, given the fixed nature of deposit contracts. However, banks can raise lending rates far more quickly after a policy rate hike, because loans are mostly at variable rates, and can be re-priced faster. There is a competitive constraint of reducing deposit rates too much and too quick as well. If bank deposit rates are lower than small savings rates which are administratively fixed, there could be some deposit flight to small savings schemes providin

The curious case of monetary policy transmission in India

RBI could consider engineering an 'effective easing' in market rates, by reducing the liquidity deficit in the money market

Expert take: Central bank to stay on the sidelines

We expect the RBI to keep policy rates unchanged in the monetary policy review on April 1

RBI to stay on a wait & watch mode

New Delhi [India], December 13: "In a world where resources are finite, embracing sustainability is not merely an option; it's our responsibility to ensure a thriving future for generations to come." - Jagmohan Garg

Insights from Jagmohan Garg on Sustainable Real Estate Trends

New Delhi [India], December 13: As the education system encounters an increasing disconnect between theoretical knowledge and practical applications, SkilliZee, India's pioneering Harvard-style experiential learning initiative, addresses this issue. Founded by Dr. Aarna Singh Rawat, a passionate educator with an MBA from prestigious institutions like ISB and Northwestern, SkilliZee empowers students with critical skills like Critical Thinking, Problem-Solving, Emotional Intelligence, and Collaboration--all essential for navigating an AI-driven world.

SkilliZee: India\'s First Harvard-Style Experiential Learning Program, Transforming Education - One Skill at a Time

New Delhi [India], December 13: ITC Store, the e-commerce platform of ITC Limited has announced a strategic partnership with SwopStore, India's premier customer acquisition platform. This collaboration aims to enhance online shopping experiences while driving sales and customer retention for both brands.  

ITC Store partners with Swopstore to Boost Sales and Customer Retention

Apple is one of Broadcom's biggest customers, accounting for roughly 20 per cent of revenue

Apple

Big Tech's push to diversify beyond Nvidia's pricey and supply-constrained AI processors has been a windfall for Broadcom, which makes custom chips for major cloud companies

Broadcom offers $105 bn for Qualcomm in landmark deal

Broadcom

Latest news updates: Catch all the latest news updates from around the world here

RIL, Reliance, Reliance Industries

Markets Highlights: Friday ended in favour of the bulls, as 41 out of 50 constituent stocks ended in the green, led by Bharti Airtel, ITC, Kotak Mahindra Bank, Hindustan Unilever, and UltraTech Cement

Dalal Street, Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Stock market crash: The Indian stock market crashed heavily on Friday, with the BSE's Sensex dropping 1,207 points or 1.48 per cent to its intraday low of 80,082

bear market, stocks, sensex, nifty, loss, growth, crash, index

Allu Arjun was arrested over a stampede at the Pushpa 2 premiere in Hyderabad, which led to a woman's death and her son's hospitalisation

Allu Arjun

Stocks to watch, Dec 13: From RIL to HDFC Bank, here is a list of stocks that will be in focus today

market, stocks, stock market trading, stock market

It was not immediately clear whether Tesla will consider importing cars at the tax rate of as high as 100 per cent or if it will make investment commitments under India's new policy

Tesla, Tesla logo

Fundamentals strong but earnings growth uncertainty, elevated valuations seen capping upside

Indian equities continue their upward trajectory but largecaps, those stocks valued at Rs 20,000 crore or more, continue to underperform the broader market. The largecap-oriented BSE Sensex is up 31.9 per cent since the end of October last year laggi

Economists can still look forward to filling the deputy governor's position

Civil servants

The UN mission in Afghanistan urged the country's Taliban rulers on Tuesday to embrace global human rights obligations for the protection and prosperity of future generations.
The mission's call follows increasing alarm over a reported suspension of medical education and training for women and girls.
Authorities have neither confirmed the suspension nor responded to the reports, which said that Taliban leader Hibatullah Akhundzada has ordered educational institutions to stop providing medical courses for females.
The UN mission said that the theme for this year's International Human Rights Day emphasised how rights empowered people to build a better future.
Regrettably, we continue to see the opposite unfold in Afghanistan, said Roza Otunbayeva, who is the head of the mission. There is an ongoing, dangerous erosion of human rights protections, with women and girls bearing the brunt.
The human rights record of authorities was especially marked by their systemic discrimination again

United Nations Security Council

Bangladesh on Tuesday acknowledged 88 incidents of communal violence against minorities, primarily Hindus, following the ouster of then-premier Sheikh Hasina in August.
Interim government head Muhammad Yunus' press secretary Shafiqul Alam also said that 70 people have been arrested in those incidents.
He made the disclosure a day after Foreign Secretary Vikram Misri flagged regrettable incidents of attacks on minorities and conveyed India's concerns, including those related to the safety and welfare of minorities, during his meetings with the Bangladeshi leadership.
A total of 88 cases have been filed in incidents related to minorities from August 5 to October 22, Alam told reporters.
"The number of cases and arrests is likely to increase as new incidents of violence have also been reported in (northeastern Sunamganj, (central) Gazipur, and other areas," he said.
He added that there might be cases where some victims were members of the previous ruling party.
The government has so

Yunus, Muhammad Yunus

Highlighting the historical presence of Hindus in Bangladesh, stating, "We are vanished from Afghanistan. We are vanished from Pakistan. This is the high time. If we are not saved now, we will be

Protest, Delhi Protest, Bangladesh Protest, Hindu Protest

Despite the growth slowdown, a rate cut-cycle is unlikely to start anytime soon

Policy

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Gold

The Massachusetts Institute of Technology alleges that the essay, titled 'On Pacifism', could be interpreted as encouraging violent protests on campus

MIT University

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Kaushik Das

Kaushik Das

Kaushik Das

Expect RBI to keep accommodative stance at least till first half of FY22

Rate cuts to continue

Monetary policy: RBI may go for another 25 bps cut in Aug, says expert

The curious case of monetary policy transmission in India

Expert take: Central bank to stay on the sidelines

RBI to stay on a wait & watch mode

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Insights from Jagmohan Garg on Sustainable Real Estate Trends

SkilliZee: India's First Harvard-Style Experiential Learning Program, Transforming Education - One Skill at a Time

ITC Store partners with Swopstore to Boost Sales and Customer Retention

Apple to further self-reliance by developing own bluetooth, wi-fi chips

Broadcom stock soars as company touts mega artificial intelligence demand

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LIVE: Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

Market Close Highlights: Fab Friday! Sensex ends 843pts up, soars 2050pts from low; Nifty at 24,768

Sensex plunges 1200pts, Nifty below 24200; Why stock markets crashed today?

Allu Arjun arrested over woman's death in stampede at Pushpa 2 premiere

Stocks to watch, Dec 13: RIL, HDFC Bank, JK Tyre, Zomato, TCS, NBCC, L&T