Tag: Analysis
China central bank says it will keep liquidity reasonably ample in 202
The People’s Bank of China will step up financing support to spur domestic demand and support a stable real estate market, the central bank said in a statement after a meeting.
Five-time MLA Kuldeep Singh Pathania to be next speaker of Himachal Assembly
Three sets of nomination papers were filed for him. Chief Minister Sukhvinder Singh Sukhu proposed Pathania#39;s candidature and Leader of Opposition Jai Ram Thakur seconded it.
The ‘great reset’ for Indian IT: JP Morgan expects revenue growth to come down to 6-8%
While the muted growth in Q3FY22 is likely to be blamed on furloughs, JP Morgan said Q4 will be weak as well, due to macro concerns and delays in decision-making driving flatter tech budgets and delayed deal closures.
Relief for PVR, INOX as SC ruling clears ambiguity on FB, a major revenue contributor
Multiplex chain PVR said that the Supreme Court ruling has established clarity, removes ambiguity around the issue and the judgement will ensure all businesses are treated fairly.Oil falls again as concerns grow over global economy, China COVID cases
Lending oil some support, the dollar weakened on Wednesday after posting big gains in the previous session. A weaker dollar typically boosts demand for oil as dollar-denominated commodities become cheaper for holders of other currencies.Fed meeting minutes may point to rate-hike endgame, new debate phase
The overall tone of the minutes is still likely to show inflation has top billing among policymakers. It has been slowing for several months, but as of November the Fed’s preferred inflation gauge – the personal consumption expenditures price index – was still rising at a 5.5% annual rate, more than twice the U.S. central bank’s 2% target.RBI lifts curbs on loan recovery via third parties: Mahindra Fin Services
Mahindra and Mahindra Financial Services said on Wednesday the Reserve Bank of India lifted curbs placed on the company last year that had prevented it from using third-party services for loan recovery.Stocks, bonds extend precarious rally on hopes rate hikes ease
Euro zone government bonds likewise extended their rally from the first two trading days of 2023, with the benchmark German 10 year yield sliding 10 basis points on signs central banks are making progress against inflation.Q3 rev growth slowed on muted rural demand, says Marico
However, Marico expects gross and operating margins to improve in the quarter as key input costs and consumer prices across key franchises saw some stability.