INFLATION IMPACTS INR
Rising vegetable prices strain household budgets across India: Survey A survey by LocalCircles highlighted significant consumer concerns over rising prices of essential vegetables—onion, potato, and tomato. It found that 16% of households are cutting consumption or feeling financial strain due to these price hikes, wi...
18 Jun, 2024, 10.06 PM ISTHow ‘Mehengai’ impacts your real rate of return Inflation impacts stakeholders like companies, investors, and the economy. Central banks manage inflation. Real Rate of Return is crucial for investment performance.
18 Jun, 2024, 12.42 PM ISTLearn with ETMarkets: How inflation impacts INR & what currency traders should do? The Indian Rupee (INR) is influenced by global economic trends, inflation, recession fears, and geopolitical tensions. Traders should monitor inflation, anticipate capital flows, and use hedging strategies in the forex market.
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RBI MPC Meeting 2024 at a glance: Here's a one-stop guide to all key decisions The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to maintain the current interest rate at 6.5%, following a 4:2 majority decision. The panel projected real GDP growth for FY25 to be 7.2%, up from 7%. The MPC is also maintainin...
07 Jun, 2024, 11.36 AM ISTWider conflict in the Middle East may lead to rise in inflation: BoB Report Tensions between Israel and Iran have created uncertainty and volatility in global markets. Asian markets are down, currencies are weaker, and oil prices have risen. India's Sensex has declined in the past four sessions, affecting consumer durables ...
19 Apr, 2024, 03.37 PM ISTHow sequence of return risk can impact retirees' portfolio Sequence of return risk is the danger that the timing of withdrawals from an investment portfolio, particularly during retirement, coincides with a period of poor investment returns.
16 Apr, 2024, 02.01 PM ISTFuel prices seen stable for now, inflation in check Middle East conflict may influence India's inflation and oil prices. Recent data shows decreasing consumer inflation. Monsoon forecasted to help control food inflation. RBI projects lower inflation. Markets stabilize after Iran's attack on Israel.
16 Apr, 2024, 05.30 AM ISTRupee vs Dollar: INR to remain range bound in near term, offer hedging opportunities to importers, exporters Flows from foreign portfolio investors (FPIs) would have an impact on the movement of rupee against the US dollar bringing it to the downside on occasion.
08 Apr, 2024, 05.43 PM ISTFed keeps June rate cut hopes alive. How exciting is that for stock investors? US Federal Reserve anticipates rate cuts in June, sparking global stock rally. Sensex and gold prices surge, reflecting market optimism. Fed's adjustments show confidence in economic stability.
21 Mar, 2024, 03.01 PM ISTRBI Monetary Policy at a Glance: Here's your quick guide to know all about MPC policy The Reserve Bank of India's Governor-led Monetary Policy Committee (MPC) concluded its recent meeting, maintaining the repo rate at 6.5%. This decision comes amidst concerns over inflation, with retail inflation remaining near the upper end of the c...
08 Feb, 2024, 01.10 PM ISTBajaj Auto shares rally 4%, hit 52-week high on robust Q3 results Bajaj Auto shares reached a 52-week high of Rs 7,499 despite scepticism from Kotak Institutional Equities and Nuvama. Kotak maintained a 'Sell' rating, citing a high valuation, while Nuvama reiterated a 'Hold' stance. JM Financial remained positive,...
25 Jan, 2024, 10.50 AM ISTRupee closes little changed, awaits key US inflation data The Indian rupee ended little changed on Tuesday after dollar demand from state-run banks ate into the local unit's early gains in light of a proposal to include eligible Indian bonds in the Bloomberg Emerging Market Local Currency Index.
09 Jan, 2024, 04.18 PM ISTConditions not ripe to make INR a hard currency: GTRI India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday.
19 Nov, 2023, 12.01 PM ISTConditions not ripe to make INR a hard currency: GTRI India should become a middle-income country and then push to make the INR (rupee) a hard currency, according to think tank GTRI. The process involves several factors, including economic stability, strong fiscal and monetary policies, political stabi...
19 Nov, 2023, 12.00 PM ISTRupee impact on inflation unlikely to be significant The recent drop in the value of the Indian rupee might not cause a big change in inflation rate unless the currency falls even more, according to experts. Economists say that the Indian currency would need to drop significantly more than it already ...
16 Nov, 2023, 11.51 PM ISTThe enervating Goldilocks presumptions: 7 takeaways for Indian markets The strength of wage growth, asset price inflation, and the lingering impact of the post-Covid dole-outs have kept household demand above potential, thereby sustaining the high inflation. Additionally, the federal government fiscal expansion, rising...
04 Oct, 2023, 03.41 PM ISTExpect INR at 83 by Sept end; don’t expect rate cut before Q3 of 2024: Dhiraj Nim, ANZ Research "The Indian rupee is expected to remain in a tight range against the dollar, with a forecast of 83 per dollar by September end. The dollar index is expected to reach 105 by the end of the quarter, but this level is not easy for emerging market curre...
06 Sep, 2023, 02.47 PM ISTIs dollar-rupee eyeing a breakdown below 81.50? The consolidation in the USD-INR pair, which started around October 2022 is still intact. It was seen bottoming near the 81-81.50 zone and topping near the 82.80-83.25 zone. The major reason behind the sideways move or lower volatility is the RBI’s ...
19 Jul, 2023, 12.21 PM ISTWill USD jump off the cliff or will it build new wings? Last week, central bank communications to the market caused a weaker USD and stronger EUR, GBP, and other EM currencies. The Federal Reserve voted unanimously to pause rate hikes but revised upward their dot plots, causing ambiguity. The European Ce...
27 Jun, 2023, 01.49 PM ISTWhat is in the treasure for the rupee in FY-2024? In recent testimony, US Fed Chair Powell hinted at a hawkish stance and thus the market pushed the terminal rate to 5.50-5.75%. For the next FY, the more the job market remains on the tighter side and inflation remains sticky; the more the Fed will ...
13 Mar, 2023, 12.07 PM IST