Improvement in financial performance bodes well for Indian banks: Fitch
Increased write-offs, higher loan growth, and improvement in asset quality have boosted the financial performance of Indian banks, says Fitch.
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Headed for a period of volatility and moderate returns in 2023: S Naren, ICICI Pru MF
The global equity markets will remain volatile in H1 2023, but things will improve in the second half, says Naren, ED & CIO, ICICI Prudential Mutual Fund.
Rupee may stage a comeback in second half of 2023: Shinhan
The expected annual range for USD-INR is 77-84.5 for 2023, says South Korea-based Shinhan Bank in its recently published report.
Will crypto market rebound in 2023? Here’s what experts say
Bitcoin and Ethereum are down 75% from their all-time highs in November 2021; some experts believe that cryptos will bounce back in the coming months.
Year 2022 marks inflection point for financial world
The year proved to be a roller-coaster, not only from the geo-political perspective but also from the point of view of asset management and economics.
RBI retains FY23 inflation target at 6.7%; to keep 'Arjuna's eye' on rising costs
CPI inflation is expected to remain above the upper threshold of 6% in Q3 and Q4 of this fiscal, while it is likely to moderate in the first half of FY24.
RBI MPC meet: Moderate rate hikes on the card, says expert
The RBI is widely expected to opt for a lower rate hike of 35-50 bps in interest rates, along with a change in policy stance to “neutral”.
Sensex, Nifty scale fresh all-time highs; investors' wealth rises ₹9 lakh crore in 8 sessions
The equity benchmarks continued their record setting spree on Thursday, wherein Sensex and Nifty recorded fresh all-time highs of 63,583 and 18,887, respectively.
When the Going Gets Tough...
As retail inflation continues to rise for the seventh month, RBI aims to restrict it in the range of 2-6%, but has failed to do so despite embarking on a rate hike spree.
RBI hikes repo rate by 50 bps; here’s how rate sensitive stocks reacted
The BSE bankex index was the top performer with a 2% gain, led by Bank of Baroda, Federal Bank, Kotak Mahindra Bank, HDFC Bank, and SBI.
