economy
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August 07, 2022 07:24 AM ISTRBI to take a pause after taking repo rate to 6% by December, says Indranil Pan of YES Bank
With data indicating slowing global growth, central bankers themselves have started communicating a softer pace of tightening going forward. Importantly, central bankers have highlighted that data will significantly determine the pace of monetary policy tightening going forward.
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August 06, 2022 10:21 AM IST Moneycontrol Pro Weekender | Shaktikanta Das refuses to pivot
A look at the current macro readings is enough for the RBI governor not to budge and dilute his ‘withdrawal of accommodation’ stance
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August 06, 2022 07:54 AM IST It's fair to assume policy rates at 5.75% level by March 2023, says Lakshmi Iyer of Kotak AMC
While rate hike process may not reverse anytime soon, the pace may moderate before a pause.
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August 06, 2022 07:52 AM IST Fuel Prices Today on August 6: Check petrol, diesel rates in Delhi, Mumbai, and other cities
Petrol in Mumbai is being sold for Rs 106.31 per litre and diesel for Rs 94.27.
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August 05, 2022 09:09 PM IST Paytm Q1 Result | Consolidated loss comes in at Rs 645 crore, revenue up 89% YoY
On the operating performance, Paytm in July said the total merchant gross merchandise value (GMV) processed through its platform for the quarter ending June FY23 stood at Rs 2.96 lakh crore, registering a 101 percent growth over year-ago period.
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August 05, 2022 06:57 PM IST Railways aims for better fiscal health; parliament debates cut in concessions
The standing parliamentary committee requested that senior citizen concessions be brought back while scrutinising concessions to railway employees.
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August 05, 2022 05:31 PM IST Few future policy clues from RBI after end of 'well-telegraphed' era
The central bank has raised the repo rate by 50 basis points, but offered little information on how it might act in the coming months.
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August 05, 2022 05:05 PM IST RBI policy tone seems more hawkish; expect repo rate hike by 35-50 bps in 2HFY23: Unmesh Kulkarni of Julius Baer India
The rate hike cycle is not over yet, as the MPC is desirous of the CPI inflation getting back into the RBI's comfort zone (below 6 percent) and preferably towards the neutral level of 4 percent.
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August 05, 2022 03:17 PM IST Tim Harford writes: Economists must get more in touch with our feelings
Fund managers missed a trick by taking refuge in cash
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August 05, 2022 02:31 PM IST Strategy Lab | A multi-legged hedged strategy in Bank Nifty provides good risk-reward returns
The short straddle is a common trading strategy but loses money when the market is trending. Here’s a back-test of a trader’s solution to this problem
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August 05, 2022 01:24 PM IST Monetary Policy Review | More rate hikes ahead
RBI is some distance away from its neutral rate
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August 05, 2022 01:11 PM IST Does monetary policy really work?
By targeting aggregate demand across the whole economy, monetary policy may be too blunt an instrument to tackle the ongoing inflationary pressures in the economy, instead adding to the already chronic high unemployment rates in the country
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August 05, 2022 12:35 PM IST As RBI gives an umbrella for rupee, bonds are left in the downpour
The benchmark 10-year government bond yield rose roughly 10 basis points while the rupee appreciated as the RBI Governor Shaktikanta Das highlighted inflation concerns after announcing a 50 bps hike in the repo rate.
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August 05, 2022 12:20 PM IST RBI’s upbeat assessment of growth good for the stock market
Going forward, companies will benefit as inflation gradually comes under control. The markets are also taking confidence from the way Corporate India handled the tough inflationary challenge in the June quarter
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August 05, 2022 11:46 AM IST Market rally delivers hard lessons for fund managers
Too much money was tied up in the safe hidey hole of cash before stock prices bounced back
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August 05, 2022 10:38 AM IST RBI Monetary Policy: FY23 GDP growth forecast retained at 7.2%
While high-frequency indicators suggest improvement in urban demand, the picture for rural demand is mixed.
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August 05, 2022 09:33 AM IST The Green Pivot: Can India meet even its revised climate change targets?
The reduced targets are not a cop out on COP26. Rather, they are a more realistic evaluation of what the country can actually achieve by 2030, which is just seven and half years away
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August 05, 2022 09:18 AM IST The global economic engine needs an independent Taiwan
The US is inexorably tightening its noose around Beijing by linking together the high-tech powers in East Asia. South Korea, a long-time trade partner and a key supplier of its semiconductors, is now being courted too, bringing Seoul, Taipei and Tokyo together in a technological embrace
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August 05, 2022 09:02 AM IST Why is the market rallying while the world is grappling with fears of recession?
It is expected that central banks in the US and Europe would rein in their hawkish stance in favour of supporting growth. This spells good news for yield spreads with India. Furthermore, anticipation of weakening demand has brought down the prices of crude and commodities. This is yet another positive development for the Indian economy
- August 05, 2022 08:06 AM IST
Fuel Prices Today on August 5: Check petrol, diesel rates in Delhi, Mumbai, and other cities
Petrol in Mumbai is being sold for Rs 106.31 per litre and diesel for Rs 94.27. Petrol in Delhi costs Rs 96.72 and diesel Rs 89.62 a litre. Petrol and diesel are priced at Rs 102.63 and Rs 94.24 in Chennai and at Rs 106.03 and Rs 92.76 in Kolkata respectively.
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August 04, 2022 04:48 PM IST Moneycontrol Pro Panorama | Your one-minute guide to MPC deliberations
In today’s edition of Moneycontrol Pro Panorama: How to trade on RBI policy day, IndiGo flying high, Devyani International baking it big, sparks fly on Pelosi’s Taiwan visit, Start up Street, and more
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August 04, 2022 03:24 PM IST MC Explains: Proposed changes in Energy Conservation regulations - why are they important for India?
Here's an explainer on how both the Energy Conservation Amendment Bill and revised Nationally Determined Contribution towards climate change are aimed at achieving the country’s ambitious targets to work towards climate action.
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August 04, 2022 03:11 PM IST In Charts | Movement of key data since RBI's June 8 monetary policy decision
The Indian central bank looks at a variety of economic indicators before making its interest rate decision. How have some of these data points moved since the Monetary Policy Committee last met?
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August 04, 2022 01:12 PM IST States resume fiscal consolidation, set to control deficits, paper says
States have also taken into account fiscal implications of the end of GST compensation regime in the budget estimates of 2022-23, according to the NIPFP paper.
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August 04, 2022 12:52 PM IST Russia becomes India's third-largest coal supplier in July, Coalmint data shows
Russia has historically been the sixth-largest supplier of coal to India, behind Indonesia, South Africa, Australia, and the United States, with Mozambique and Colombia alternatingly featuring in the top five.
