Jul 21, 2014 at 10:39 | Source: CNBC-TV18
Sridhar Sivaram, MD, Morgan Stanley Investment Management sees retail inflation cooling off to 6 percent going ahead and expects the Reserve Bank of India (RBI) to oblige the market with an interest rate cut as early as August.
Jul 17, 2014 at 13:04 | Source: CNBC-TV18
As a base case, Tanvee Gupta Jain does not rate cuts happening before FY15, but if inflation, monsoon and fiscal measures support, then Jain assigns 30 percent chance to a rate cut in Oct-Dec 2014
Jul 16, 2014 at 12:44 | Source: Moneycontrol.com
ICICI Securities maintains a reduce rating with a target price of Rs 395 per share. The brokerage says that cash conversion continues to be an issue with net cash down by Rs 100 crore QoQ in Q1FY15 and are likely to be down further in Q2FY15 on dividend payment and capex.
Jul 15, 2014 at 15:39 | Source: PTI
The interest rate on term deposits between 7-60 days has been reduced by 0.25 percent to 6.25 percent while for 61 days to less than one year, it has been reduced to 6.75 percent from the existing 7 percent.
Jul 15, 2014 at 10:11 | Source: CNBC-TV18
Chetan Ahya of Morgan Stanley expects the Reserve Bank to cut rates in February or April 2015. But says governor Raghuram Rajan can cut rates earlier if inflation data keeps improving.
Jul 11, 2014 at 13:50 | Source: Moneycontrol.com
Macquarie maintains an outperform rating with a target price of Rs 421 as it expects ITC to hike prices at 16 percent average to offset the additional duty burden and improve profitability. It estimates cigarette volumes to decline 4 percent in FY15E and thereby cuts FY15E and FY16E EPS estimates by 4-5 percent.
Jul 10, 2014 at 19:34 | Source: CNBC-TV18
Jaitley said he would prefer to lower fiscal deficit by boosting revenues rather than cutting down on expenditure.
Jul 10, 2014 at 13:48 | Source: CNBC-TV18
The students community has reason to cheer. The finance minister has announced plans for five more IITs and five more IIMs. He has also proposed to allocate Rs 100 crore to be spent on virtual class rooms for online education.
Jul 09, 2014 at 13:30 | Source: Moneycontrol.com
The Survey said that fiscal consolidation was imperative for the economy and an improvement in the current account deficit and fiscal deficit could lead to higher a gradual growth.
Jul 03, 2014 at 17:45 | Source: CNBC
The 24-member Governing Council is unlikely to take fresh policy action at its July gathering after cutting interest rates to record lows last month - the deposit rate to below zero - and revealing a 400 billion-euro (USD 545.62 billion) loan program.