Friday 30 March 2018

News digest: RBI policy review, e-way bill, ball tampering row, and more

News digest: RBI policy review, e-way bill, ball tampering row, and more

Number of delisted companies on the rise; bourses may see more exits

Despite a record line-up of debuts on the bourses this year, India’s listed universe is shrinking, and shrinking fast.

Around 1,000 companies were compulsorily delisted in the past two years on the BSE and the National Stock Exchange (NSE). And, by some estimates, another 1,000-2,000 may be shown the door, effectively contracting the universe of listed shares by 30-50 per cent. Read more here

RBI may keep repo rate unchanged at 6% in April policy review: BS Poll

There is a clear consensus that the six-member monetary policy committee of the Reserve Bank of India (RBI) would keep the repo rate unchanged at 6 per cent next week.
But surprisingly, there is a narrow chance that the central bank may cut rates in the future, according to a Business Standard poll of 15 economists and treasurers. Read more here 

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