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
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 148 138,495
BATELCO 0.26 508,764
TAWUNIYA 98 56,500
WAHA 1.68 407,350
BKIZ 0.08 70,000
DAMAC 2.88 1,542,461
EMAAR 7.15 2,917,009
Recent News

MOST OMANI BANKS POST BETTER Q1 PERFORMANCE
Oman’s commercial banks performed well during the first quarter of 2017 despite the difficult economic challenges facing the global banking sector.

The net profits of the six commercial b

Oman plans to build mobile water desalination project
Oman plans to build a mobile desalination project, with a capacity to produce 100,000 cubic metres of water per day (22 million imperial gallons per day or MIGD) to meet temporary shortages for potab

Summer love-in for yen, emerging markets won’t last: BofAML
In an unusual turn of events, investors are long in emerging-market currencies as well as the Japanese yen.

Bank of America Merrill Lynch doesn’t expect the trend to last. The yen will proba

Aramco’s only IPO foray provides a cautionary tale
Since the Saudi state-owned oil giant Saudi Aramco sold shares in Rabigh Refining and Petrochemical Co in 2008, the facility has provided a peek into a small corner of its operations. With few other

QNB Weekly Market Report
The Qatar Stock Exchange (QSE) index decreased 42.83 points, or 0.42% during the trading week to close at 10,060.52. Market capitalisation increased by 0.63% to QR540.9bn versus QR537.5bn at the end

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?