If one were to look at the average IIP growth for April to August then around 20-25 percent was contributed from this sector, says Anubhuti Sahay, Senior Economist-Global Research, Standard Chartered Bank.
The bank will use its 86,000 employees and millions of clients to spread the word about the Goals, the company said in a statement.
The US central bank on Thursday held off on raising rates amid heightened "uncertainties abroad," including China's economic weakness as well as sluggish inflation at home. A rate hike would have ended a nearly 7-year-old zero interest rate policy.
Green bonds enable capital-raising and investment for projects with environmental benefits such as renewable energy, sustainable waste management, biodiversity conservation, clean transportation and sustainable water management.
V Anantharaman, MD of Standard Chartered Bank, South Asia, says in times of volatility, fund flows are always from emerging markets to developed markets.
The rupee move going ahead will mirror what is happening globally, says Ananth Narayan of Standard Chartered Bank. The ability of the RBI with its reserves to manage volatility is extremely high.
The world's largest spirits maker, Diageo, which acquired control of United Spirits (USL) in 2012, had issued a guarantee to Standard Chartered Bank for a USD 135 million (around Rs 900 crore) loan to Watson to release certain USL shares that were to be acquired as part of the deal.
An international consortium of banks comprising ABN AMRO Bank NV, Magyar Export-Import Bank, Raiffeisen Bank, Standard Chartered Bank and UniCredit Bank Hungary, supported the company and provided the debt financing, it added.
We anticipate demand for USD to emerge from local govt banks on any dips to Rs 63.75/USD, says Agam Gupta, Standard Chartered Bank.
Celebrating its journey as the best financial advisors of India CNBC-TV18's Money Money Money discusses ways to multiply wealth through the power of compounding.
Ananth Narayan, Head, Financial Markets of Standard Chartered Bank shares his views on the rupee in the backdrop of the Greek crisis.
According to Agam Gupta, MD & Head of Foreign Exchange Rates & Credit Trading for South Asia at Standard Chartered Bank rupee would be an out performer in the near to mediuim-term.
As per the deal disclosure issued by the firm, Vodafone's Indian units raised Rs 7,500 crore through private placement of rated, unlisted, redeemable, non-convertible debentures and another Rs 1,300 crore by simultaneous rights issues.
That`s not terrible considering stocks are expected to face a headwind from rising rates: the average estimate for the 10-year yield in 2015 rose more than 30 basis points to 2.64 percent and to 3.24 percent for 2016.
Power Finance Corporation said that it will raise external commercial borrowings (ECBs) worth USD 1 billion.
On the downside 63.90/dollar should be a support and importers/local government banks should come in to buy dollars there. We expect a range of 63.90-64.25/dollar for the day, says Agam Gupta of Standard Chartered Bank.
Experts believe the central bank will pause for a while now before one can see any rate cut in the near-future.
With USD 70-80 billion net long rupee positions having built over the last few months, it makes a strong case for volatility and vulnerability, feels Ananth Narayan of Standard Chartered Bank.
The central bank is considering monetary policy at a time when the US economy has hit a soft patch, blamed largely on harsh winter weather, a strong dollar and disruptions at West Coast ports.
According to Ananth Narayan of Standard Chartered Bank, rupee depreciating further to 64-65 per dollar will not be a big move and will help exports. A gentle depreciation should be the base case for the rupee, he adds.
Samiran Chakraborty, Head of Research, Standard Chartered Bank believes the WPI and CPI numbers alone won't charm the Reserve Bank to induce rate cuts in its June policy. But if conditions laid down by it show `work in progress' and if world stays calm post Fed hike then a rate cut in June, and one post June won't be impossible.
Industry bigwigs such as Rahul Bajaj and Adit Godrej hope for a rate cut. Though Bajaj believes a rate cut tomorrow is highly unlikely. Godrej on the other hand is also hoping for some action on the CRR and SLR front.
Samiran Chakraborty MD & Hd-South Asia Macro Research, Standard Chartered Bank explains the correlation between Core sector data, export growth data and IIP.
Samiran Chakraborty is also expecting a subdued IIP data on the back of weak exports and poor infrastructure growth.
According to Singaporean brokerage DBS Bank, direction of oil prices will be an important determinant for the scale of improvement in next year's current account deficit.