Going ahead, the monetary policy moves of the emerging market central banks (including the RBI) will be directly and majorly influenced by the actions of big global central banks, and their broader impact on global economic conditions
Fund managers missed a trick by taking refuge in cash
With this policy, the RBI seems to have frontloaded the bulk of its interest rate hikes. Going forward, the pace of rate hikes may be calibrated and slow
The short straddle is a common trading strategy but loses money when the market is trending. Here’s a back-test of a trader’s solution to this problem
India’s CAD to widen to 3.1 percent of GDP and Balance of Payment deficit of around $65-70 billion in FY23, implying that the RBI would remain cautious on the external front
RBI is some distance away from its neutral rate
By targeting aggregate demand across the whole economy, monetary policy may be too blunt an instrument to tackle the ongoing inflationary pressures in the economy, instead adding to the already chronic high unemployment rates in the country
Going forward, companies will benefit as inflation gradually comes under control. The markets are also taking confidence from the way Corporate India handled the tough inflationary challenge in the June quarter
Too much money was tied up in the safe hidey hole of cash before stock prices bounced back
All are agreed that a specialised agency is needed to manage the judiciary’s administrative functions. The union finance ministry said in 2019 that an “Indian Courts and Tribunal Service” is needed
Reports say an industry disruptor and its India clone may be headed for a merger as a panacea for their financial woes. If they do go ahead with the plan it would need to turn the conventional wisdom of two donkeys not being equal to a horse on its head
The reduced targets are not a cop out on COP26. Rather, they are a more realistic evaluation of what the country can actually achieve by 2030, which is just seven and half years away
The US is inexorably tightening its noose around Beijing by linking together the high-tech powers in East Asia. South Korea, a long-time trade partner and a key supplier of its semiconductors, is now being courted too, bringing Seoul, Taipei and Tokyo together in a technological embrace
It is expected that central banks in the US and Europe would rein in their hawkish stance in favour of supporting growth. This spells good news for yield spreads with India. Furthermore, anticipation of weakening demand has brought down the prices of crude and commodities. This is yet another positive development for the Indian economy
Prime Minister Narendra Modi has reasons to worry about competitive populism by many political parties, which can land India into a debt-hole
In today’s edition of Moneycontrol Pro Panorama: How to trade on RBI policy day, IndiGo flying high, Devyani International baking it big, sparks fly on Pelosi’s Taiwan visit, Start up Street, and more
It is critical to remain persistently focused on achieving inter-generational upward social and economic mobility and that is where the lens should be. Not on giveaways that follow an electoral calendar
Holding reserves in volatile assets is becoming increasingly untenable. So far this year, the crypto market’s value has fallen by more than $1.2 trillion
Central cane price rises by 5 percent, highest since FY19. Softening of international sugar prices means mills will need government support to tide over higher costs
As the war of words rage around Nancy Pelosi’s visit, it would be more about Taiwan vs China than China vs the US in the short term, unless posturing gets out of control
Argentina's annual inflation rate reached 60.7 percent in July, and is consistently accelerating
Giving promoters a permanent seat on the company's board can be detrimental to investor interest. When the companies' performance deteriorates, promoters hang on to their seats making it harder for investors to effect management change, and arrest value destruction
One can benefit from the sudden drop in volatility by going short on the same before the event
Speculation whether China would attack Taiwan sidesteps the question of what India’s own thinking is about security issues beyond its immediate neighbourhood, and especially its plans and options if China were indeed to attack Taiwan
Investors do admire and encourage an entrepreneur’s passion given that it drives the entrepreneur and the enterprise. But investors also are able to bring in more objectivity to business projections
