Jul 04, 2016 08:02 AM IST
According to the global financial services major, domestic factors are likely to shape India's economic growth prospects amid global economic and political uncertainty and hence, performance of monsoon has gained importance in this fiscal year.
- Jun 07, 2016 08:48 AM IST
"Unless oil prices surprise on the downside or food prices fall much faster than we expect, we do not expect CPI to undershoot the RBI's 5 percent CPI inflation target for January 2017," it added.
- Jun 06, 2016 04:54 PM IST
The central bank is also likely to be cautious due to the recent rise in the headline CPI reading and will keep the repo rate on hold at its monetary policy meeting on June 7, says a Standard Chartered report.
- May 18, 2016 03:50 PM IST
The global financial services major said India needs structural reforms like GST implementation, supply-side measures for food-price stability and banking-sector reforms in order to move sustainably to higher growth trajectory.
- May 15, 2016 10:28 PM IST
As Sebi readies to tighten its rules for controversy-ridden P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the regulator and filing of suspicious transaction reports.
- May 06, 2016 08:58 AM IST
Even as markets continue to grapple with the question when and whether a second US Federal Reserve rate hike is coming through, David Mann of Standard Chartered has taken a stand: no rate hike.
- May 02, 2016 12:30 PM IST
The expectations of a growth recovery are contingent on consumption revival, especially rural demand as investment-led recovery will likely be gradual amid rising external woes, the global financial services major said.
- Apr 28, 2016 01:37 PM IST
Panic around yen devaluation has eased but worries over rising non-performing loans in China may be a pain point, says David Mann, the Standard Chartered's chief economist for Asia.
- Apr 16, 2016 12:37 PM IST
The steel business was put up for sale on March 30, but has failed to attract the attention of most major British investment banks.
- Apr 15, 2016 08:41 AM IST
The Fed is likely to take a pass at its policy meeting later in April and instead will opt to raise the federal funds rate by 25 basis points in June to 0.50-0.75 percent in what will be the second in its first series of rate rises in nearly a decade.
- Apr 13, 2016 07:42 AM IST
"Standard Chartered Bank announced the launch of five new eyecare projects to bring in innovation and strengthen the delivery of eyecare to the needy between 2016 and 2019, with a donation commitment totaling USD 1.6 million," it said in a release.
- Apr 04, 2016 08:58 AM IST
Hopefully, the RBI policy tomorrow, both the rate cut and liquidity framework, will reduce cost of hedging, says Ananth Narayan, Standard Chartered.
- Mar 17, 2016 09:05 PM IST
Sarah Hewin, Senior Economist, Standard Chartered, says the Fed did not talk about balance of risks to growth and did not raise the inflation forecasts, which showed they may not be preparing for rate hike anytime soon.
- Mar 02, 2016 01:16 PM IST
The fiscal deficit target of 3.5 percent for 2016-17 is in line with the original fiscal consolidation plan and comes despite a challenging economic environment.
- Feb 29, 2016 07:35 AM IST
Industry experts believe the recapitalisation target at Rs 70000 crore up to FY19 will not suffice. Also, considering the balance sheet clean-up is stipulated to be completed by March 2017, they feel the government should also front-load the capital infusion process.
- Feb 26, 2016 09:58 PM IST
Sources tell CNBC-TV18 that Diageo is looking to sell shares of United Breweries to recover the loan amount of USD 135 million guarantee encashed by Standard Chartered Bank.
- Feb 24, 2016 08:39 AM IST
Stocks that are likely to be in demand are Punjab National Bank, StanChart, Tata Motors, Maruti Suzuki India, Kotak Mahindra Bank, Bharti Airtel, NCC,Standard Chartered.
- Feb 23, 2016 02:38 PM IST
StanChart said its underlying 2015 pretax profit was USD 800 million, less than a fifth of the previous year's total of USD 5.2 billion. That was lower than analysts' average estimate of USD 899 million, according to Thomson Reuters data.
- Feb 19, 2016 10:39 AM IST
The tax department published a draft proposal on this in November 2015. A concrete roadmap, with a defined timeline, will be announced in the 29 February 2016 Budget speech. Such a reform is necessary as the current tax framework is complicated.
- Feb 17, 2016 09:38 PM IST
Standard Chartered in a report titled â€˜India- all eyes on Budget‘ says that "if the government adheres to its original plan, adopting alternative policies could mitigate growth headwinds, in our view.â€
- Feb 15, 2016 09:05 AM IST
We expect a rangebound day with importers picking up USD on any dips to Rs 68.00-68.05/USD, says Agam Gupta, Standard Chartered.
- Feb 01, 2016 09:00 AM IST
We expect a range of Rs 67.60-67.95/USD for the USD-INR today, says Agam Gupta, Standard Chartered.
- Jan 25, 2016 08:49 AM IST
Market participants will continue to keep an eye on equity and oil moves through the day, says Agam Gupta, Standard Chartered.
- Jan 21, 2016 11:01 AM IST
The London-based lender will close its equity research, sales and trading and convertible bond trading businesses in Asia, the memo said, leaving the bank with equity derivatives and prime brokerage services in the region.
- Jan 21, 2016 09:07 AM IST
A surge in oil prices will lead to new risks as OPEC is not controlling supply, he says, adding, if output from the US drops, it will drastically impact the world and India in particular, David Mann of Standard Chartered explains