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#China stimulus
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- Cuts RRR by 50 basis points
- Cuts 7-day REPO by 0.2 percentage points to 1.5%
- Rates on existing mortgages will also be reduced by 0.5 percentage point on average
- Not specified when these moves will come into effect
cut, is on the cards later this year
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CPI day for US today and India tomorrow
#cpi #inflation
“Government must do a surgical strike on PLI’s” - Subhash Chandra Garg @Subhashgarg1960
Full transcript -
bit.ly/4bTmj2p
Its budget time!
And on Trading India we have experts to help decipher the moves and numbers.
We interview @Subhashgarg1960 , @architgupta and @deepakshenoy through the budget week.
#india #budget #taxes #rates #fiscaldeficit #deficit #gdp #growth
India's monsoon rains have lost momentum after covering western regions ahead of schedule, and their arrival in northern and central states could be delayed, extending a heatwave in the grain-growing plains, two senior weather officials told Reuters.
India cenbank's reserve maintenance system for banks fails on Tuesday
"It is still not clear whether the system is working, but the central bank should not penalise banks that were short of cash maintenance requirement, as the fault has been from the system's side," a trader said
Indian PM Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter
Via @dugalira @aftabahmed00
Tomorrow at 1230 IST, Savio Shetty @abeautifulmind7 interviews @INCIndia MP Shashi Tharoor @ShashiTharoor on elections 2024.
Any questions?
Tomorrow on Trading India,Savio Shetty speaks to Rishi Kohli , Managing partner & CIO - Hedge fund strategies at @IncredCapital on his view on how various asset classes will pan out during the year.
Any questions?
@abeautifulmind7
#quant #nifty #sensex #gold #usd #inr #rates
NESTLE INDIA SPOKESPERSON: PRODUCTS MANUFACTURED IN INDIA ARE IN COMPLIANCE WITH CODEX STANDARDS, LOCAL SPECIFICATIONS, INCLUDING ADDED SUGARS
#Nestle
GQG PARTNERS, SBI MUTUAL FUND CONSIDERING UP TO $800 MLN INVESTMENT IN INDIA'S VODAFONE IDEA $2.16 BLN SHARE SALE-SOURCES
#vodafone #VodafoneIdea
Via @followthemani
India likely to get normal monsoon this year, Skymet says - Reuters
#india #rains #monsoon #Heatwave #inflation
On Monday, Savio Shetty interviews ace political analyst Amitabh Tiwari for his views and analysis for the 2024 elections.
Not one to miss out on!
@politicalbaaba @abeautifulmind7
#Elections2024 #Modi #BJP #Congress #IndiaAllaince

















