Archive for the ‘RBI’ Category

RBI in Favour of Deregulating Savings Rate

Mr. K C Chakrabarty, Deputy Governor of Reserve Bank of India (RBI) has said that RBI is also in support of deregulating savings bank deposit rates of banks. . Mr. Chakrabarty said already a debate in this regard was held, but the decision will be taken after having adequate debate on the issue. . He [...]

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Weekly Update 14th – 18th June

The global Markets reacted in a negative fashion with the onset of the week due to concerns arising from small increase in non-farm payrolls in U.S. & default risk from Hungarian Economy. The investors concerns subsided after Germany factory orders surged for a second consecutive month in April. . European debt crisis which has pushed down Euro 20 [...]

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Weekly Update 31st May – 4th June

Markets posted gains in the week gone by as the investors felt that stocks are battered down harshly in the short run. Buying came in Asian stocks on speculation that China will rein its effort to cool its economy as European debt crisis threatens a global recovery. Concerns also rose that the banks in Spain may face further [...]

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Farm Production likely to Go Down

. Due to decline in kharif production on account of drought and floods in several parts of India,the output from agriculture sector is expected to decrease by 0.2% in the current fiscal against 1.6% growth in the previous year stated the Central Statistical Organization (CSO). . However, late last month, the RBI in its Q3 [...]

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Weekly Update of The Market (08th-12th February)

Hello Friends, here, we bring you the weekly overview of the Indian as well as of the Global economy and  latest global business and industry updates. . . After starting the year on a good note & Indices making fresh highs within few weeks many Asian markets have corrected between 7 to 10%. . The [...]

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Moneywise…Be Wise ;)

. If you find yourself asking the question – . Why should I Save ? . Why should I Invest ? . Where do I Invest ? . Who would Guide me to take informed decision on my Investments ? . …then look no further ! . SMC Group, a leading Financial services provider in [...]

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ECBs and FCCBs Dropped 6% in Dec 2009 !

. Total approvals received by Indian companies to raise capital by way of external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) have dropped 6% in December 2009 to $1.56 billion as against $1.66 billion in December 2008. . This is as per the data released by the Reserve Bank of India (RBI). . [...]

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Weekly Update of The Market (1st – 5th February) Part 1

Hello Friends, here, we bring you the weekly overview of the Indian as well as of the Global economy and along with the latest global business and industry updates. . . A bout of volatility was witnessed in the domestic market throughout the week due to . 1.  F&O expiry, 2.  unfavorable global cues because [...]

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India Inc Set to Raise Rs.50k Crores Through IPOs in 2010: SMC Capital

. Domestic companies seems set to get on with the huge fund raising exercise this year with plans to raise over Rs 50,000 crore via public offers, driven by the sharp recovery in the stock market. . Almost 50 companies have already filed the draft prospectus with the market regulator, the Securities and Exchange Board [...]

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