Page 6 - Arvind Chari News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India’s stock market isn’t pricing in a full Covid lockdown Benchmark equity index has been moving in line with regional peers despite surge in cases India’s Covid-19 crisis has so far failed to spark a deep stock sell-off like that seen last year, and some asset managers point to less stringent curbs on activity as the main factor, at least for now. Even as the nation reports more than 300,000 confirmed infections and over 4,000 deaths a day, India’s benchmark equity index has been moving in line with regional peers. The S&P BSE Sensex index has declined 6.6% from a mid-February pe...

India’s Central Bank Says ‘Boo.’ Carry Traders Faint × Large-scale bond-buying and money-printing may result in a glut of rupees, causing them to depreciate against the dollar. “India joins the money printers.” That’s how an ING Bank research note describes the Reserve Bank of India’s explicit commitment to buy ₹1 lakh crore ($14 billion) in government bonds this quarter. Since this new move has been given a fancy name — Government Securities Acquisition Program — it will probably both extend and expand. Large-scale bond-buying and money-printing may result in a glut of ...

Rising yields at India’s latest government bond auction are signaling the central bank may be reluctantly accepting higher borrowing costs amid a global rout. The Reserve Bank of India sold some of 10-year debt at 6.22 per cent on Friday, compared with about 6 per cent in previous auctions. That’s after a spike in U.S. Treasury yields and oil prices pushed borrowing costs higher globally. "The RBI has allowed yields to adjust higher due to global reflationary pressures," said Shailendra Jhingan, chief executive at ICICI Securities Primary Dealership Ltd. "They are allowing an orderly e...

India records 13% FDI growth in 2020, higher than major economies. 5 reasons why Premium 3 min read India recorded 13% growth boosted by investments in the digital sector. Infrastructure and energy deals also propped up M&A deals in India. Piyush Goyal said, The government policies and reforms have made India a preferred destination Share Via Read Full Story Marking a major achievement globally, India recorded a 13% growth in Foreign Direct Investment (FDI) in 2020 at a time when fund flows declined most strongly in major economies such as the UK, the US and Russia. Amidst global collapse, Ch...

Dec 16 2020, 7:36 AM December 15 2020, 6:31 AM December 16 2020, 7:36 AM (Bloomberg) -- A relentless torrent of funds rushing into India’s markets may tip the central bank’s delicate balancing act in 2021. (Bloomberg) -- A relentless torrent of funds rushing into India’s markets may tip the central bank’s delicate balancing act in 2021. For most of this year, the Reserve Bank of India has capped currency gains as global investors poured around $50 billion into stocks and stakes in companies. This has boosted rupee liquidity in a banking system that’s already flush wit...