Sep 23, 2013 08:58 AM IST
We saw nationalised banks sell dollars on Friday after the RBI repo rate hike and we need to see whether they follow it up with more sales, says Agam Gupta, Standard Chartered.
- Sep 22, 2013 01:05 PM IST
The repo rate hike "indicates that the new Governor is focusing more on inflation than growth. We now expect RBI to increase repo rate by 0.25 per cent each at the next two policy meetings to 8 per cent by end of 2013," house economists at British lender Standard Chartered said.
- Sep 18, 2013 01:44 PM IST
In an interview to CNBC-TV18, Nagaraj Kulkarni, Standard Chartered Bank spoke about his report on index inclusion for India being a game changer.
- Sep 16, 2013 08:57 AM IST
The dollar has weakened against major EM currencies and hence we expect dollar weakness against rupee too, says Agam Gupta, Standard Chartered.
- Sep 12, 2013 10:49 PM IST
Indian demand tends to pick up around key festivals and the wedding season from mid-September. Price also plays an important role and sharp dips tend to see consumers restocking the commodity.
- Sep 02, 2013 09:09 AM IST
The Indian rupee opened weak by 39 paise at 66.09 per dollar agianst 65.70 on Friday. "Weak growth data on Friday is expected to keep the rupee subdued. Aggressive selling by nationalised banks on behalf of RBI is expected to continue, keeping the rupee strong, says Agam Gupta, Standard Chartered.
- Sep 02, 2013 08:45 AM IST
Aggressive selling by nationalised banks on behalf of RBI is expected to continue, keeping the rupee strong, says Agam Gupta, Standard Chartered.
- Aug 31, 2013 03:27 PM IST
Sonal Varma of Nomura believes that the potential growth of the economy has been declining almost in every sector.
- Aug 28, 2013 05:06 PM IST
MS Dhoni is padding up for a new innings - on the couch. He's going to be spending quite some time on it watching the 2013 season of the Barclays English Premier League (EPL).
- Aug 27, 2013 08:02 PM IST
The government should consider diluting its ownership in state-owned banks to reduce the country's financial burden and push for consolidation, while boosting the number of private lenders, the Reserve Bank of India said in a discussion paper on Tuesday.
- Aug 26, 2013 09:06 AM IST
The Indian rupee opened weak by 49 paise at 63.69 per dollar against 63.20 on Friday. According to Agam Gupta, Standard Chartered, expect the rupee to open around 63.80 - 63.90/USD levels. We saw aggressive selling by RBI on Friday afternoon, which caused a sharp fall in dollar/rupee levels to 63.20.
- Aug 26, 2013 08:49 AM IST
We saw aggressive selling by RBI on Friday afternoon, which caused a sharp fall in dollar/rupee levels to 63.20 and if that kind of selling is repeated today, then we could test lower levels of 63.20-63.30/USD again, says Agam Gupta, Standard Chartered.
- Aug 23, 2013 10:43 AM IST
Rahul Singh, head -equity research, Standard Chartered Securities believes the country is in a belt tightening mode and this could lead to lowered consumption levels.
- Aug 20, 2013 01:30 PM IST
In an interview to CNBC-TV18, Samiran Chakrabarty, Standard Chartered Bank spoke about current account deficit.
- Aug 16, 2013 06:12 PM IST
FMCG has once been a very important sector. However, now FMCG companies with high foreign institutional investors (FIIs) ownership are in high risk mode now, reports CNBC-TV18‘s Pragya Bharadwaj.
- Aug 06, 2013 10:38 PM IST
Standard Chartered Bank on Tuesday posted 45 percent jump in pre-tax profit in the January-June period at USD 450 million, but said macroeconomic situation and currency volatility make it 'cautiously optimistic' about the future.
- Aug 06, 2013 02:58 PM IST
Asia-focused bank Standard Chartered took a USD 1 billion hit on the value of its Korean business on Tuesday, pulling its first half profits down nearly 16 percent from a year ago.
- Aug 05, 2013 04:22 PM IST
Standard Chartered analysts say the RBI could look at further lowering the cap on banks' borrowing, selling more shorter-tenor securities to drain cash, fine-tuning the export credit refinance scheme or temporarily increasing the cash reserve ratio, or the amount of cash lenders must keep with the central bank.
- Aug 02, 2013 01:25 PM IST
A day after the European Purchasing Managers' Index (PMI) numbers came in better that the previous months, Sarah Hewin, senior economist, Standard Chartered says the days of European recession are almost over.
- Jul 30, 2013 03:14 PM IST
Sanjay Singh of Standard Chartered speaks about trends for Hindustan Unilever (HUL) stock, going forward. He feels that HUL was still hung over on the open offer and valuations will take some time to stablise to fundamental levels. However, he does not see the stock falling below Rs 550.
- Jul 24, 2013 02:00 PM IST
If the RBI wants a stronger currency then it will have to raise rates, offer the markets higher yields. If the RBI does not raise rates, then it is going to discover again that its problem is large Current Account Deficit (CAD)
- Jul 19, 2013 06:20 PM IST
Standard Chartered, which is based in London but makes almost all its money in Asia, the Middle East and Africa - regions where Liverpool has a strong following - has been the club's shirt sponsor since July 2010.
- Jul 19, 2013 11:42 AM IST
The new loan will refinance existing debt and will also provide some new money after the deal is increased. The deal is being arranged by Bank of America Merrill Lynch, BNP Paribas and Standard Chartered.
- Jul 15, 2013 12:45 PM IST
Amit Kasat, Auto Analyst, Standard Chartered told CNBC-TV18 that now many companies are trying to realign the production with the retail demand in India and the best thing is that companies are not pilled up with inventories. His top picks in the sector are Maruti and Tata motors.
- Jul 09, 2013 12:26 PM IST
Since early last year they have preferred the developed markets over emerging markets and with the recent events in terms of time table for Fed tapering has reinforced that view, says Clive McDonnell.