The Reserve Bank should let rupee appreciate to reduce imported inflation, a SBI Ecowrap report said on Wednesday. According to the report, the US dollar is expected to remain weak due to
Restocking activity ahead of the festive season to satisfy pent-up demand had exaggerated the pace of improvement recorded by many lead economic indicators in October 2020, said ratings agency ICRA. According to
Foreign Portfolio Investments (FPI) have been bullish on the Indian equities off late and a significant portion of those investments are going into finance and banking stocks. Financial services stocks attracted a
Futures of gold, which were soaring well above the Rs 50,000 mark till sometime back amid the weak economic scenario, have now started to ease and have fallen below the Rs 49,000-mark
India may witness a current account surplus due to the recent economic reforms announced by the government, said the Chief Economic Adviser, Krishnamurthy Subramanian. Speaking at CII’s MNCs Conference 2020 on Monday,
Emphasising on the need for informed decision by investors, Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi has said that investor awareness and education play an important role in the
The transition to clean energy sources led to subdued participation in the recently concluded first round of commercial coal mine auction, said India Ratings and Research. Accordingly, in a report, the agency
“74 is a strong support for the USD/INR pair and it is unlikely that RBI will allow it to appreciate much further from 74 mark this week. On the higher side 74.5
“The Asia-Pacific economy is leading the global recovery from the pandemic. The entire region is in recovery, driven by the control of the pandemic, the easing of lockdowns, and the improvement in
As the economy recovers from the lows of pandemic-induced lockdown, the year-on-year contraction in India’s GDP is expected to narrow appreciably to (-) 9.5 per cent in Q2FY21 from (-) 23.9 per