I Sec Pd

In an interview to CNBC-TV18, Sajjid Chinoy of JPMorgan and A Prasanna of I-Sec PD shared their readings and outlook on the two fundamental numbers of inflation and Index of Industrial Production (IIP).

Govt may set fiscal deficit target above 3% in Budget: Expert

The upcoming Budget slated for February 1 will not have much to offer if there is no consensus on the Goods & Services Tax (GST) Bill, believes A Prasanna, Chief Economist at I-Sec PD.

GDP growth may slow down to 6% in this quarter: Economist

Speaking to CNBC-TV18 A Prasanna, Chief Economist, I-Sec PD, said that the economy is unlikely to recover fully in Q3.

RBI Policy: No cut could result in bond yields rising to 6.80%: I-Sec PD

A Prasanna, Chief Economist, I-Sec PD is of the view that the statements coming out of the Monetary Policy Committee (MPC) today would be dovish even if RBI does not cut rates today.

Risk-on trend to continue; see rupee at 66 against dollar: StanC

Anant Narayan of Standard Chartered Bank, said that the current trend of risk-on play should continue. “We are seeing inflows coming through,” he said, adding that FCNR repayment ought to be contained. He believes the RBI will continue to mop up dollars.

FY17 GDP to be closer to GVA estimate of 7.6%: I-Sec PD

In an interview with CNBC-TV18, A Prasanna, Chief Economist at ICICI Securities Primary Dealership, said the house maintains its FY17 GVA estimate at 7.6 percent as the Q1 GVA number released yesterday was not very disappointing.

'See no rate action; food inflation scene not too worrying'

A Prasanna, chief economist at I-Sec PD, says the RBI had been very clear the last time that it is frontloading the rate action.

Union Budget 2015: 3.6% target achievable; see higher agri growth, pros say

M Govinda Rao, member of the 14th Finance Commission says a good Budget will be one that is realistic, with not too many claims and sticking to the fiscal deficit target of 3.6 percent, at the same time releasing funds for constructive spending.

Status quo credit policy on Feb 3, action post Budget: Poll

A CNBC-TV18 poll of the bankers and economists suggests only 10 percent of the respondents are still looking forward to another rate cut of 25 bps, but the majority believes the rates will remain unchanged this time, but the governor may act post the Union Budget.

See RBI cut 25 bps on Feb 3, 50 bps by April: I-Sec PD

A Prasanna of I-Sec PD expects a gross domestic product (GDP) growth of 6 percent in FY16.

Q1 CAD better-than-expected; see more Q2 trouble: Experts

CAD stood at USD 21.8 billion in Q1 against the projected USD 22 billion. Going forward, this number is expected to significantly decrease in the second quarter.

No more rate hike as inflation has eased, say experts

A Prasanna, Chief Economist, I-Sec PD and Saugata Bhattacharya, Economist, Axis Bank said, the RBI should pause the rate hike at least in the month of September considering July inflation numbers, which have eased off a bit.

EGoM result will add 'fuel' to burning inflation: I-Sec PD

Speaking exclusively to CNBC-TV18 chief economist at I-Sec PD, A Prasanna says that decision on the price hike by the EGoM could trigger the soaring inflation. “The July inflation could be at around 10.5% if diesel, kerosene and LGP prices are hiked,” cautions Prasanna.