The MPC members must take the rise in PMI price indices into account
Rate hikes, subsidies and price caps are temporary and symptomatic fixes to structurally high inflation. This is not to suggest that RBI should look to ease monetary conditions, but that given enough time, existing monetary policy is already restrictive enough to address our current inflation situation
Mid cycle rate hike sets the stage for more increases in the next couple of policy reviews
Sectors like banking, real estate and auto, among others, will be impacted the most from the rate hike as the cost of the products will be directly influenced due to increase in interest rate.
A poll conducted by CNBC-TV18 shows that the street is unanimously expecting the RBI to hike the repo rate by 25 basis points in its October 29 monetary policy meeting.
Bank of India and UCO Bank feel that the current infusion of capital by the government, they may not need additional capital till the end of the fiscal year.
The rupee closed 37 paise lower to Rs 59.41/USD ahead of the crucial first quarter policy review meet of the Reserve Bank of India (RBI) on Tuesday.
Acccording to Sudarshan Sukhani of s2analytics.com, Hero MotoCorp is an attractive opportunity to go long at current levels.
In an interview to CNBC-TV18 SP Tulsian, sptulsian.com shared his outlook on stocks like Adanai Power, JSW Steel.
Speaking to CNBC-TV18, Sonal Varma says that the policy is indeed a non-event, but it brings out certain key factors to watch out for.