'Mounting repayment pressure for some borrowers amid India's interest rate hikes, particularly for micro, small and medium-sized enterprises, will test banks' loan underwriting quality'
While the govt has introduced windfall tax and export curbs to arrest runaway prices, a lot depends on how the monsoon pans out this season
Shares of housing finance companies nosedived after the RBI hiked repo rate on May 4. While robust real estate demand may outweigh rate hike impact, some firms may be vulnerable to interest rate hikes
With no end in sight to Russia's invasion of Ukraine, commodity prices remain elevated and supply chains remain disrupted
HSBC is expecting the RBI to take repo rate to 6% by the middle of the next year, from 4.9% now
Industry body Assocham on Thursday said the Reserve Bank's decision to raise the benchmark lending rate by 50 basis points to 4.9 per cent will help the Indian economy in the medium term.
CLOSING BELL: Dr Reddy's Labs, Reliance Industries, Bharti Airtel, Sun Pharma, Tech M, and Infosys were the top large-cap gainers
What should borrowers & depositors do amid rising interest rates? Can India have a four-day work week like UK? Can a good monsoon prevent more rate hikes? What is the MGNREGA scheme? All answers here
'With regard to breaching the inflation target framework, we will deal with it as and when the situation arises'
The increase in lending rate or the repurchase rate (repo) by 50 bps -- the biggest in more than a decade -- to 4.90 per cent comes on the back of a 40 bps hike last month
The RBI today raised the repo rate to 4.9 per cent, up from 4.4 per cent. The Central Bank also raised consumer price (CPI) or retail inflation forecast for FY23 to 6.7 per cent from 5.7 per cent.
Shares of banks and NBFCs seem to be better placed on the charts, while that of automobile, realty and others need to sustain above the crucial levels.
Inflation forecast increased to 6.7% for FY23; GDP forecast retained at 7.2%
A group of ministers may propose pruning GST exemptions on certain goods and services and correcting the inverted duty structure. Read more on this in our top headlines
Retail inflation is highest in the last eight years. Markets expect the RBI to continue on its rate hike path till the inflation beast is tamed. So, what all is priced in and what is not?
To fight the ongoing inflation in the global market, India is looking at spending an additional 2 trillion rupees and balance the national economy
The economists said they did a study of the Russian invasion's impact on inflation, which revealed that 59 per cent of the jump in prices is due to geopolitical events
While noting that Inflation has just exceeded RBI's tolerance band due to the protracted Ukraine-Russia war, Goyal said Indian demand and wages are 'soft'
Chris Wood believes the best way to play Indian markets is the upswing in the Indian property/real estate sector despite the rate hikes by the Reserve Bank of India (RBI)
According to the private lender's website, the overnight MCLR stands at 7.15 per cent compared to 6.9 per cent earlier.