LIC IPO can disturb market balance: Jefferies
The insurance behemoth has arranged a draft paper for its share deal with the market control. The market is anticipating authorization soon and public bidding will likely start by mid-March
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The insurance behemoth has arranged a draft paper for its share deal with the market control. The market is anticipating authorization soon and public bidding will likely start by mid-March
According to Patra, the country's inflation is "appearing raised purely due to base effects" and should fall soon, with the month-on-month inflation momentum simply demonstrating a declining trend.
According to RBI data, the country's foreign exchange reserves fell by $1.763 billion to $630.19 billion in the week ending February 11.
Amidst retail inflation climbing to 6.01 percent in January and expected to continue high through April, foreign brokerage research predicts that the RBI will hold key policy rates constant during the first half of 2022.
Sankar told that agencies have assessed the arguments proposed by those advocating that cryptocurrencies should be governed and found that none of them stands up to fundamental scrutiny.
Sitharaman also said that there was a “lot of positivity” around the upcoming initial public offer (IPO) of Life Insurance Corporation.
The Financial Literacy Week will take place this year from February 14 to February 18.
In the fortnight ended January 29, 2021, bank advances stood at ₹107.04 lakh crore and deposits at ₹148.02 lakh crore, according to the RBI’s Scheduled Banks’ Statement of Position in India as of January 28, released on Thursday.
Shaktikanta das says such private cryptocurrencies have not a dime of underlying, 'not even a tulip.' The warning comes days after the Union Budget levied a 30% tax on profits from Bitcoin/Cryptocurrency.
Real GDP growth has been projected at 7.8% for FY 22-23. CPI inflation for FY 22-23 is at 4.5% announces RBI Governor.
CPI inflation is predicted to moderate near the 4.00 percent target in the second half of FY23.
The Marginal Standing Facility rate & the bank rate also remain unchanged at 4.25%.
The post-budget meeting has been slated for Monday where FM Sitharaman would be heading the board members and will be talking about declarations made in the Budget 2022-23.
The government announced a gross borrowing of Rs 14.1 trillion for the next financial year.
The RBI has issued a warning about the consequences of engaging in activities that are not permitted by FEMA or using electronic trading platforms that are not authorized by it.
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