RBI should move towards a lower rate regime: Mayuresh Joshi

Latest News - As transmission of the 175 bps rate cuts done by the RBIRBI so far, is beginning to pick up steam, key data-points are expected to be on RBI's side, says Mayuresh Joshi, Fund Manager, Angel Broking in an interview with Pranati Deva. He also adds that benchmark indices can witness a growth of around 12% in the next 15-18 months. Edited excerpts

Do you believe this budget has created enough space for the RBI to move into a low interest rate regime domain?

The government’s borrowing program seems be suggest that the RBI should have ample room to move on the liquidity front. With Inflation - especially core CPI inflation - expected to remain in the (Read More)

Budget 2017 expected to be market-neutral: Morgan Stanley

Latest News - The Union budget is going to be a "market-neutral" event as policymakers are not likely to change their policy stance and will continue to focus on fiscal consolidation, says a Morgan Stanley report.

"We do not expect major changes in the conduct of fiscal policy and hence, view the budget as a market-neutral event," Morgan Stanley said in a research note.

The Union budget for 2017-18 is due to be presented on February 1.

According to Morgan Stanley India Strategist Ridham Desai, the budget's influence on (Read More)

Sector-wise key expectations from Budget 2017

Latest News - With over a week left for Finance Minister Arun Jaitley to unveil the Budget 2017 on January 01, industry experts are being vocal about the expectations that they seek from the NDA-led government’s fourth Budget under the current term. 

“We believe that the government is likely to take corrective measures which would offer remedy to the demonetisation wounds. In our opinion, increase in individual income tax slab limits and reduction in corporate tax rate is expected to be the highlight of the budget in order to revive the consumption cycle,” said brokerage Angel Broking in a pre-Budget research note. 

Below are sector-wise expectations from (Read More)