10-year benchmark bonds to trade between 8.15%-8.20%


20/02/2012 07:51 AST

With continuous fall in core inflation numbers and persistent liquidity deficit in the banking system, much beyond the central bank's comfort zone, the Reserve Bank of India may continue with monetary easing and may cut the cash reserve ratio (CRR) in its March policy.

We expect core inflation to trend downward as falling GDP numbers implying subdued demand may result in further decline in core inflation going forward. But we believe that notwithstanding falling GDP and core inflation numbers and downward trajectory in WPI, the Reserve Bank of India will wait until the Union Budget to closely look at the FY 2013 borrowing numbers and overall trends in inflation to start easing the policy rates.

For more on this Click Here

The Economic Times
Global News
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
OOREDOO 1100
SABIC 81 2,172,641
EMAAR 6.88 9,379,308
EEC 23.5 778,826
SIPCHEM 12.9 33,528
STC 61.75 220,830
FGB 12.1 443,400
Recent News

Bank Dhofar board approves OMR40 million rights issue
Bank Dhofar board has approved a rights issue of OMR40 million at an issue price of 200 baisas per share (consisting of a nominal value of 100 baisas, a premium of 98 baisas, plus issue expenses of 2

Bank Nizwa posts 57pc revenue rise
The Board of Bank Nizwa reported a 57 per cent rise in its total revenues compared to same period in 2015, while total assets grew by 22 per cent compared to December 2015 reaching RO 421 million. Du

Logistics industries can strengthen Oman’s economy
The Business Year (TBY), a publisher of yearly research on national economies and business environments, recently published The Business Year Oman: 2016 and is now performing in-country research for

Technical analysis of the QSE index
The QSE Index closed up by 1.12% at 10,652.31 vs the week before. The current breach above the downtrend line is positive but needs more traded volume to substantiate the breakout. Technical indicato

Ooredoo said to consider stake sale in StarHub owner
Ooredoo, the Qatar-owned phone carrier, is considering selling its indirect stake in Singapore’s StarHub Ltd, according to people with knowledge of the matter.

The company is working with HS

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?