As discussed in Morning post Rupee is trading near 8.5 month low,it has plunged almost 3% for the week. FII have been pumping money in India from the start of 2013 and for May alone we have seen flows of $3 Billion mainly in Equities and Debt market. Also with $5.9 Billion Dollar Open offer … Read more Reason for Rupee Depreciation against dollar
Monetary and Liquidity Measures On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.25 per cent of their net demand and time liabilities; and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent. … Read more RBI Monetary Policy Review -Dec 2012
There’s a lot of uncertainty about the outcome of this November’s U.S. presidential election. That uncertainty extends to the impact of U.S. elections on stocks prices, judging by the voluminous and often contradictory research on the topic. The most frequently cited paper, according to Davis, is a 2003 article in the Journal of Finance by … Read more Does the US Presidential Election Impact the Stock Market?
Introduction Over the last quarter, policymakers around the world have confronted increasingly difficult challenges. Globally, even as the growth momentum has slowed, governments have had to manage the balance between fiscal consolidation and growth stimulus amidst visible signs that the two objectives are in conflict with each other. As the advanced economies (AEs) deal with … Read more RBI leaves repo rate on hold, cuts CRR RBI Policy 2012 full text
Introduction Since the Monetary Policy Statement for 2012-13 in April 2012, macroeconomic conditions have deteriorated. Much of the global economy is in a synchronised slowdown, having lost the upward momentum seen in the early months of the year. Despite the slowing global economy, the outlook for commodity prices is uncertain. The situation in the euro … Read more RBI keeps policy rates unchanged, SLR cut to 23%