Foreign brokerages, banks expect MPC to hold repo rate at 6.5% on April 5

[ad_1] Foreign brokerages and banks expect the Monetary Policy Committee (MPC) to keep the repo rate unchanged at 6.5 per cent in the upcoming April 5 meeting. They also see the MPC retain its monetary policy stance of ‘withdrawal of accommodation’. Also...

Fitch Ratings upgrades Qatar to third-highest on back of gas expansion

[ad_1] Revenues from Qatar’s LNG fields will provide budget surpluses until the 2030s, Fitch said.Fitch Ratings has upgraded Qatar to AA, its third-highest rating, on the back of revenues expected from its expanded gas fields, the agency has said. Revenues...

ICICI Pru AMC restricts inflows into small- and mid-cap schemes

[ad_1] Amid raising concern over a brewing bubble in small- and mid-cap stocks, ICICI Prudential Asset Management Company has stopped lumpsum investment mid- and small-cap schemes. It has also restricted fresh SIPs/STPs to ₹2 lakh per month from March 14....

Ather picks HSBC, JPMorgan, Nomura, Indian banks for IPO, sources sSay

[ad_1] Indian electric-scooter maker Ather Energy Pvt has picked HSBC Holdings Plc, Nomura Holdings Inc. and JPMorgan Chase & Co. to help arrange its initial public offering, according to people familiar with the matter.Also read: Broker’s call: Ather Energy (Buy)The...
India’s FY24 GDP growth could be within striking distance of 8%: SBI Ecowrap

India’s FY24 GDP growth could be within striking distance of 8%: SBI Ecowrap

[ad_1] India’s FY24 GDP growth could be within striking distance of 8 per cent even as the per capita GDP at current prices crossed ₹2 lakh mark in FY24 for the first time, says SBI’s economic research department.Also read: Oct-Dec GDP growth...