In its effort to breathe new life into the Indian corporate bond market, the Reserve Bank of India (RBI) announced a slew of measures. RBI’s measures included, allowing corporate bonds to be accepted under the liquidity adjustment facility, higher ceiling on credit enhancements, providing Foreign Portfolio investors (FPIs) direct access to bond trading platforms and increasing the risk weightages for non-rated corporate borrowers. These measures are intended to further market development, enhance participation, facilitate greater market liquidity and improve communication.
In the current issue of Economy Matters, the Focus of the month is on ‘Towards a Vibrant Corporate Bond Market & Developments in State Finances’. In Domestic Trends, we present analysis of the trends emanating out of the recent releases on GDP, IIP, Inflation, Trade, Balance of payment and Monsoon progress. Corporate performance in 1QFY17 has been analysed as well. In Policy Focus, we present the highlights of the key policy documents released during August-September 2016. Analysis of monetary policy stance of central banks of US, Japan and UK is covered in Global Trends.
In its effort to breathe new life into the Indian corporate bond market, the Reserve Bank of India (RBI) announced a slew of measures. RBI’s measures included, allowing corporate bonds to be accepted under the liquidity adjustment facility, higher ceiling on credit enhancements, providing Foreign Portfolio investors (FPIs) direct access to bond trading platforms and increasing the risk weightages for non-rated corporate borrowers. These measures are intended to further market development, enhance participation, facilitate greater market liquidity and improve communication.
In the current issue of Economy Matters, the Focus of the month is on ‘Towards a Vibrant Corporate Bond Market & Developments in State Finances’. In Domestic Trends, we present analysis of the trends emanating out of the recent releases on GDP, IIP, Inflation, Trade, Balance of payment and Monsoon progress. Corporate performance in 1QFY17 has been analysed as well. In Policy Focus, we present the highlights of the key policy documents released during August-September 2016. Analysis of monetary policy stance of central banks of US, Japan and UK is covered in Global Trends.
“Niños asesinos de niños: el caso del Petiso Orejudo (Argentina, comienzos de...dieguay
Zapiola, María Carolina, "Niños asesinos de niños: el caso del Petiso Orejudo. Argentina,
comienzos del siglo XX", Revista electrónica NUEVO MUNDO MUNDOS NUEVOS,
http://nuevomundo.revues.org, número 6-2006, Sección Coloquios. ISSN 1626-0252
#weeklyNewspaper
GDP growth falls to 4.5% in Q2 and November GST collection up by 6%. YES Bank to raise $2 Billion through preferential allotment of shares. For more updates click the link:
http://bit.ly/FDNewspaper
#sharemarket #mutualfunds #trading #stocks #yesbank #FinDoc
#ChoiceBroking - State Bank of India (SBI), founded in 1806, is the oldest and largest commercial bank in India engaged in providing a range of banking and financial services.
July 2014 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
INDUSTRY ANALYSIS :Banking Industry
COMPANY ANALYSIS : ICICI Bank
Concept of the Month
Quiz
Did You Know?
This week RBI policy will be announced expectation for the same has been muted; mostly RBI would maintain the
status quo right before onset of the monsoon. RBI would not cut rate primarily because CPI has started inching up
both ways in absolute terms and in its contribution to WPI, RBI’s decision will be impending until how monsoon
and CPI panes out . So the policy would remain flat.
Earnings have been marginally better than expectation, Certain quarters people expected good results from PSU
banks but it did not happen, apart from this results specially from IT, FMCG, Consumer durable and Auto was
surprising and expectations are that this trend would continue for some time.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
2. RBS ADMITS RETAIL ARM WAS A CASH COW TO FUND
ACQUISITIONS
Royal Bank of Scotland head Brian Hartzer has alleged the bank’s former management of making
use of the business as a “cash cow” for financing the remainder of the group’s increasing while he
unveiled his plans of reducing further expenses.
RBS is having a a good franchise with loads of opportunities but with a business which has been
badly managed for several years, being managed as a cash cow to finance acquisitions for several
years.
He said that their business had focused on short term profits and took advantage of their customers.
As a result, the customers became extremely dissatisfied with their quality of service. They lost faith
that the industry had any consideration for them at heart and shareholders started diminishing by
numbers to almost nil.
Now RBS plans to spend £800 million in the next five years over 65 projects so as to make the retail
bank progress.
3. RBI HIKES KEY INTEREST RATES BY 25 BASIS
POINTS
The Reserve Bank of India (RBI) hiked its short-term borrowing and lending rates by 25
basis points, continuing with its tight monetary policy stance to tame inflation, but hinted
that the rates would not undergo any more changes in the immediate future.
The repurchase rate now stands revised to 6.25 percent from the earlier 6 percent, while
the reverse repurchase rate has been hiked to 5.25 percent from 5 percent. The cash
reserve ratio (CRR) has been kept unchanged.
In the previous mid-quarter review Sep 16, the central bank had hiked its short-term
borrowing and lending rates by 50 basis points and 25 basis points.Inflation has been the
driving force behind the tweaking of interest rates, something the central bank has now
done six times this year.
The overall annual inflation rate has fallen in recent months, but is still at a high level of
8.62 percent as recorded in September. The 52-week rise in food prices is also in double-
digits at 13.75 percent.
4. UNION BANK POSTS DISAPPOINTING RESULTS
One of the leading names in the Indian banking industry, Union Bank of India
has recently posted disappointing Q2 results in the Indian market wherein the
banking giant has said that it net profits have fallen by close to 40%.
According to the numbers posted by the bank, the earnings stood at Rs 304
crore, which was much down from the Rs 505 crore earned by the bank in a
year ago period.
In fact, the stock market also reacted harshly to the dismal numbers as the
shares of the company fell 5.9% to Rs 392.80. Union Bank chairman and
managing director MV Nair said that the bank expects the pace of slippage to
moderate in the coming quarters.
He also said that the bank has sought capital from the government with a view
to boost its Tier I capital which is currently fallen below the targeted 8% level.
The operating profit of the bank grew by 40% on the rising loans.
5. US STOCKS RISE ACROSS BOARD ON G20 PLEDGE
The three US benchmark stock indexes rose Monday, buoyed by agreement among the
Group of 20 nations in South Korea to prevent a currency war and stronger home sales.
The gathering of G20 finance ministers and central bank chiefs in Kyongju, South
Korea, over the weekend produced a call to move towards exchange rates determined by
the market.
The agreement follows months of allegations aimed mainly at China of exchange rates
being kept artificially low in order to boost their own economies.
The blue-chip Dow Jones Industrial Average climbed 31.49 points, or 0.28 percent, to
11,164.05. The broader Standard and Poor's 500 Index gained 2.54 points, or 0.21
percent, to 1,185.62. The technology-heavy Nasdaq Composite Index climbed 11.46
points, or 0.46 percent, to 2,490.85.
The US currency fell against the euro to 71.57 euro cents from 71.71 euro cents Friday,
and against the Japanese currency to 80.80 yen from 81.36 yen. (dpa)
6. THE REALTY DILEMMA FOR RBI
Experts are of a view that the central bank of the country, The Reserve Bank of
India (RBI) should give its decision of not granting licenses to players who
have exposure to realty sector a second thought.
For the records, the central bank has passed on this information in the
discussion paper which indicated that the groups that have exposure to the real
estate sector may not be able to obtain the about to be issued banking licenses.
But as there may be a lot of protest and unhappiness regarding this decision, it
is expected that the RBI will have to make strict norms in case of issuing new
banking applicants with exposure to the real estate sector.
An official who was at the meeting has said that close to three fourth of the
meeting went in discussing the fact that whether RBI should allow realty groups
to enter into the banking industry.