Last month, the government withdrew the Personal Data Protection Bill from the Lok Sabha and IT Minister had said the Centre was hopeful of getting a new legislation passed by the next Budget Session
Headline retail inflation was at 6.71% in July; it was the first time in four months that the price gauge printed below 7%
Interest rates on term deposits, money market instruments could go up further, even as RBI may conduct repo operations to maintain liquidity in the system
Foreign banks have raised it the most, median rate up 90 bps; just 20-bp rise for private banks
The benchmark 10-year Indian government bond yield ended at 7.2318%. The yield rose two basis points on Thursday to end at 7.2146%
The US Fed policy action, RBI rate decision and foreign fund flows are some of the major factors that will guide the equity markets in the near-term, analysts said on Wednesday. Besides these, September quarter earnings announcements would also pave the way for the markets, whose overall structure remains bullish, they added. From its 52-week low of 50,921.22 quoted on June 17 this year, the Sensex has jumped 16.91 per cent till now. The Nifty has climbed 16.96 per cent from its 52-week low of 15,183.40 on June 17 this year. So far in 2022, the BSE Sensex has climbed 2.20 per cent and the Nifty has advanced 2.33 per cent. "We believe that the underlying market is bullish. Given India's stance as a high-performing economy, there are many reasons for India to be an excellent performer as we advance," said Sunil Damania, Chief Investment Officer, MarketsMojo. He said the rupee has stabilized after hitting an all-time low level. The rupee is currently hovering at 79.50 against the US
The RBI rate hike expectations come despite economists predicting a moderation in inflation due to slump in global commodities and easing supply chain bottlenecks
A fall of one basis point on the 10-year bond yield corresponds to a rise in price of roughly seven paise
RBI's forex moves, strong credit off-take lead to faster liquidity decline
Growth would be the fastest in a year, but slightly weaker than the Reserve Bank of India's forecast of 16.2%. The data will be released at 1200 GMT on Aug. 31
Rupee is likely to struggle against the dollar as slowing global growth and the Federal Reserve's interest rate stance overshadows RBI's intervention, suggested Societe General
The state of the economy report authored by RBI staff said the fall in the inflation rate in July was a heartening development
August 22 MPC of RBI highlights that inflation continues to remain the key concern for the MPC members despite a deceleration in the overall price momentum after a peak of 7.8% recorded in April
I expect the rate-setting exercise to become increasingly data-driven in the months ahead, said Varma
RBI will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 billion) of the new 10-year bond being auctioned on Friday, according to the median estimates in a Reuters poll
The multi-pronged defence of the rupee is behind the sharp fall in RBI's long forward position
Transaction costs must be reasonable
Over the past few years, the return from the stock market has been far higher amid abundant liquidity that poured in from foreign and domestic investors
The Reserve Bank of India regularly updates rules for improving the safety and convenience of the bank customers. These are the Bank locker rules that everyone should know.
The ban imposed by the RBI may impact loans worth Rs 35,000 crore, impacting power, healthcare, engineering & construction, and road sectors the most