Monetary

European Central Bank Press Conference l Christine Lagarde On Monetary Policy Decision

ECB President Christine Lagarde explains the Governing Council's monetary policy decisions and will answer questions from journalists at the Governing Council press conference to be held on 14 September 2023 at 14:45 CET in Frankfurt am Main.

Monetary, fiscal authorities taking steps to moderate inflation, push growth: DEA Secretary Ajay Seth

"There are domestic challenges and larger ones are there in the global scenario. Whatever it takes for monetary and fiscal authorities, those actions are being taken. We (are working) to moderate the inflation (and) at the same time keep the growth efforts as earlier," Seth told reporters. He was responding to questions on RBI decision on the interest rate front.

Here are a few stock ideas from Deven Choksey

In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers shared his readings and outlook on specific stocks and sectors.

Nifty nears 8200, Sensex rises ahead of RBI policy; HDFC, M&M up

HDFC, Adani Ports, M&M, Tata Motors and Hero MotoCorp are top gainer in the Sensex while Sun Pharma, TCS, Lupin, Tata Steel and GAIL are losers in the Sensex.

RBI Monetary Policy: Will bank & auto stocks benefit from rate cut?

Bankex gained around 0.4 percent with SBI gaining 2 percent while ICICI Bank was up 1 percent from previous close on expectations that to rate cut may lead to lower rates for housing EMIs, car loans and corporate borrowing.

Japan CPI, consumption fall again, keeping BOJ under pressure

Household spending fell for a sixth straight month, highlighting the weakness in private consumption, which accounts for roughly 60 percent of the economy, while a rebound in factory output brightened the outlook somewhat.

Poll: 65% respondents say rate cut unlikely in RBI's policy meet

As we countdown to Urjit Patel's maiden monetary policy meet on the October 4, the market is hoping for a rate cut. CNBC-TV18 conducted a poll. Watch accompanying video of Ritu Singh with the findings.

Sensex, Nifty flat ahead of RBI policy; Hero down, Idea slips 4%

Lupin, Tata Motors, ONGC, M&M and Coal India are top gainers while Bajaj Auto, TCS, Hero MotoCorp, Reliance and Infosys are losers in the Sensex. Idea is down 4 percent post Q1 results.

Reforms, supportive monetary policy to push growth to 8%: S&P

"India has edged out China as the world's fastest-growing large economy, despite a slowdown in global growth and tough times for many emerging markets. However, this outperformance could prove temporary if India's reforms do not gather greater momentum," the US-based agency said in a statement.

Need mix of fiscal, monetary policies to deal with Brexit: FM

"Governments, Central Banks and regulators have to mitigate the pressure of such vulnerabilities through judicious mix of fiscal, monetary and structural policies," Jaitley said in his speech at the meeting of the Board of Governors of the New Development Bank (NDB).

Global central banks could coordinate policies better: Draghi

Draghi told an ECB forum in Sintra, Portugal that although central banks faced common challenges such as low inflation, policies needed to be in place to counteract "destabilizing" monetary policy "spillovers."

IMF calls for overhaul of Abenomics stimulus policies

"Under current policies, the high nominal growth goal, the inflation target, and the primary budget surplus objective all remain out of reach within the timeframe set by the authorities," the IMF said in a statement after "Article 4" annual consultations on economic policy with Japan.

RBI launches inflation expectations survey across 18 cities

"The survey seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the next three months as well as in the next one year and quantitative responses on current, three- month ahead and one-year ahead inflation rates," the RBI said.

Foreign investors to stay even if Rajan exits: JP Morgan

After the RBI‘s monetary policy meet today, Ian Hui told CNBC-TV18 that foreign investors will not pull out of India because of governor Rajan‘s exit.

Another 50 bps rate cut likely by RBI in FY17: Morgan Stanley

According to the global financial services firm, food inflation is likely to stay benign given that the India Met Department has recently released a forecast of above normal monsoon for 2016.

Submit risk-based supervision info by May15:Bourses to brokers

Besides, the exchanges have issued a format for disclosing risk-based supervision information. In this format, brokers will have to submit details regarding registered office, code number, details of branches, registration number and its date, year of incorporation as well as year of membership among others.

RBI must experiment more with monetary policy: World Bank‘s Basu

"Monetary policy is a very cloudy area and I have felt that we should be more experimental," the former chief economic adviser to the government said here.

No revenue earned from content uploaded by Centre: Google to HC

The Centre, meanwhile, told the court that it has no "customised agreements" with Facebook, Twitter and WhatsApp.

China can boost growth with supply, reforms, tax cuts: HSBC

In a note released Tuesday, the bank's economists said that runctions in China's equities and currency markets pointed to fresh fears about deflation and a hard-landing for the world's second-largest economy.

Nifty below 7550, Sensex in red; RBI keeps key rates unchanged

The Sensex is down 16.24 points at 24808.59 and the Nifty is up 5.45 points or 0.07 percent at 7561.40. About 1099 shares have advanced, 965 shares declined, and 97 shares are unchanged.

FPI framework to reduce 'hot money' outflows issues: Report

RBI said the existing requirement of investments being made in G-sec, including state development loans with a minimum residual maturity of three years will continue.

From heroes to bystanders? Central banks' growth challenge

Despite near-zero rates and USD 7 trillion of monetary stimulus unleashed by central banks in major industrial economies, investment and growth is stuck below pre-crisis levels and tepid demand is hurting developing economies by depressing prices of their commodity exports.