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Feb 09, 2023 08:15 AM ISTSEBI’s latest effort at tracking beneficial owners is a never ending exercise
Finding ultimate beneficial owners is important because of the dangers of tax evasion, drug trafficking, corruption and terrorism. But too many countries still allow camouflaging of these owners and there are clever lawyers and accountants to help
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Feb 09, 2023 06:13 AM IST Govt may extend wheat export ban to preserve local supplies: Report
The current ban was scheduled to be reviewed in April and top government officials from food, farm and trade ministries are likely to make a decision on an extension by the end of March, or early April, government and industry sources said, adding they don't expect wheat exports to resume until mid-2024.
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Feb 08, 2023 05:57 PM IST MPC: Hawkishness not done yet
The cost of borrowings for companies will go up further, as there is no clear indication as to when the interest rate cycle would peak for India. What we needed at this juncture was clearer forward guidance from the MPC
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Feb 08, 2023 05:44 PM IST A cautious but optimistic RBI mirrors the mixed signals from economic indicators, external factors
The Reserve Bank of India clearly feels inflation is still a tad too high for comfort. Current data points suggest rates may pause at this level. Key task for RBI is to ensure economic growth doesn’t suffer because of inadequate liquidity
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Feb 08, 2023 04:47 PM IST Is RBI's FY24 inflation forecast a bit too high?
The central bank's inflation forecast for the next year presents a huge drop from the current year. But a case can be made for it to have been lower, say economists
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Feb 08, 2023 04:01 PM IST Longish pause in rate hike from April policy seems imminent but possibility of cuts later this year looks extremely unlikely
At the current juncture, when the headline CPI is already within the MPC's target range and expected to trend downwards, a longish pause, starting from the April policy, seems imminent.
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Feb 08, 2023 03:46 PM IST Budget 2023: Pragmatic and inclusive, not populist
The Modi government has sent out a strong message that it stands for the poorest of the poor and does not believe in crony capitalism, but equally, it stands for wealth creation
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Feb 08, 2023 03:17 PM IST Moneycontrol Pro Panorama | MPC plays it safe, more rate hikes coming?
In today’s edition of Moneycontrol Pro Panorama: No end to rate hike cycle, make the most of market volatility, puzzling economic signs leave markets confused, can Paytm set stage for revival, and more
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Feb 08, 2023 02:31 PM IST Public procurement via GeM portal to cross Rs 2 lakh crore in FY23
The procurement crossed Rs 1.5 lakh crore on February 1.
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Feb 08, 2023 02:06 PM IST RBI Policy | Jumping the gun by talking of open market bond buying: Deputy Governor Rabi Sankar
A record government borrowing programme amid tightening of liquidity conditions has led to talk of the need for the Reserve Bank to buy the bonds through open market operations in 2023-24
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Feb 08, 2023 11:29 AM IST Budget 2023: Hits and misses in the agriculture sector
The budget was a mixed bag for agriculture, with emphasis on tech-related proposals and higher credit for farmers, but the absence of some expected tax breaks.
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Feb 08, 2023 10:50 AM IST RBI MPC: FY24 GDP growth seen at 6.4%, says Governor Shaktikanta Das
“Economic activity in India remains resilient, while investment activity continues to gain traction, and rural demand continues to show signs of improvement,” RBI Governor Shaktikanta Das said
- Feb 08, 2023 10:45 AM IST
Inbound travelers can now use UPI, says RBI Governor Shaktikanta Das
This service will be permitted to travelers from G-20 countries arriving at select international airports.
- Feb 08, 2023 10:26 AM IST
RBI Policy | Consumer price inflation likely to hover on 5.3% in FY24
January-March 2023 CPI inflation is seen at 5.6 percent versus 5.9 percent earlier
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Feb 08, 2023 09:37 AM IST Share of CNG, EVs and hybrid vehicles likely to reach 30% of total auto sales in 5 years: Icra
Demand for Electric Vehicles (EVs) has increased exponentially in the last two years with the government's push, increasing awareness, and new launches, domestic rating agency Icra said in its report.
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Feb 08, 2023 09:25 AM IST How to make volatility your friend
Differences in the volatility cycles of earnings and that of market prices often give useful information to investors, if they are watching closely
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Feb 07, 2023 09:16 PM IST MPC may hike repo rate by 25 bps, change monetary policy stance to neutral
Given the narrowing interest rate differential between the policy rates and sticky core inflation, even though we see no real case for a rate hike, MPC may do an insurance hike of 25 bps on February 8.
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Feb 07, 2023 08:46 PM IST Can the US avert a recession? Experts think so
A recession in the United States may not be completely off the table, but the possibility is quickly diminishing in the eyes of experts. Goldman Sachs reduced the probability of a recession in the U.S. to 25 percent after a stronger-than-expected jobs report.
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Feb 07, 2023 05:36 PM IST SoftBank’s Masayoshi Son may have one big bet left
The Vision Funds are almost exhausted, so the company will be looking for something else to buy in order to boost returns
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Feb 07, 2023 04:48 PM IST It is a challenging number, the reduction to 4.5, but it is feasible. It's difficult, but feasible
In an interaction with Shweta Punj of Moneycontrol, the finance secretary shared the thoughts that went into drawing up the document, and nuancing between the known unknowns and unknown unknowns.
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Feb 07, 2023 04:44 PM IST Pandemic, loan waivers, slowing growth increase states’ debt. Find out those with high burden
States’ finances have been under the spotlight amid an ongoing debate on freebies.
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Feb 07, 2023 11:05 AM IST The paradox of financial conditions
A gap has emerged between the US central bank and its peers at a time when its policy signals have become at odds with financial conditions
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Feb 07, 2023 11:04 AM IST In Charts | How economic indicators have moved since the last monetary policy decision on Dec 7
The Indian central bank looks at a variety of economic indicators before deciding on interest rates and other monetary policy matters. Moneycontrol takes a look at several key indicators which may influence the Monetary Policy Committee's decision on rates
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Feb 06, 2023 07:16 PM IST Dollar surges on robust US jobs data, while lira, yen slump
An eye-popping U.S. nonfarm payrolls number on Friday along with a services industry rebound in January sent the dollar to a mid-January high, with investors pricing in the Fed's policy rate peaking at 5.05% in June.
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Feb 06, 2023 01:34 PM IST Petrol doped with 20% ethanol starts retailing in 11 states/UTs
Prime Minister Narendra Modi launched the higher 20 per cent ethanol blended petrol two months ahead of the planned rollout in April, at the India Energy Week (IEW) 2023 here.
