INSUBCONTINENT EXCLUSIVE:
Here is a list of market-moving macro stories that you may like to read
Central Bank is expected to raise interest rates by a quarter point and trim its forecast for further rate hikes despite complaints from
President Donald Trump, who wants the Fed to stop raising interest rates
Some strategists say the Fed's message should be soothing to markets, which have been worried about rising rates and a slowing
economy.
Modi promises to rationalise GSTPrime Minister Narendra Modi has pledged further rationalisation of GST to ensure that items of
All things related to common man will be 18% or below that; 99% articles will be 18% or below 18% rate, he said, adding that GST should be
made as simple and as convenient as possible
Only 1% or half per cent of luxury items will remain outside the 18% slab, he said.
Rahul Gandhi triggers competitive populism Congress
president Rahul Gandhi on Tuesday promised a nationwide waiver of farm loans if voted to power in the 2019 general elections which are less
expect the promise may trigger competitive populism among political parties and states.
Investor outlook gloomyInvestor outlooks have
A net 53 percent of investors surveyed, who manage $694 billion in assets, said they expect global growth to weaken over the next 12 months,
according to the poll, which took place from Dec
13.
NBFCs restart disbursing loansNBFCs, which were going slow on loan disbursals earlier, have eased their stance and begun to open their
purse strings as liquidity position begins to improve
Companies like HDFL, IIFL Holdings and Indiabulls Housing have begun disbursements of existing loans and in some cases new credit sanctions
over the past few weeks.
RBI to open liquidity tapRBI will purchase Rs 50,000 crore of bonds in January and has earmarked an additional Rs
10,000 crore in open market operation for December to intensify cash injection in the banking system.
FM didn't ask Patel to quitFinance
cash in the system for liquidity-starved sectors
lowered the growth rate by at least 2 percentage points during the quarter
A working paper by the US-based National Bureau of Economic Research however says the impact dissipated by the summer of 2017.
DoT body blow
deal with Reliance Jio Infocomm to trade airwaves as the same does not conform to its guidelines
public offerings (IPOs) hitting the market despite approval for filings worth around Rs 60,000 crore
Ajay Tyagi cautioned that pricing of IPOs should be done more carefully in volatile times.
The rupee rallied a whopping 112 paise on
Tuesday, its best single-day gains in over five years, to settle at 70.44 against the US dollar as softening crude oil prices eased concerns
over India's current account deficit expansion.
Oil prices tumbled more than 5 percent on Tuesday amid fears of oversupply and
deteriorating demand, extending a selloff that has taken major crude benchmarks down more than 30 per cent from an October peak
Brent lost $3.35, or 5.62 percent, to settle at $56.26 a barrel.
