Subhadip Sircar

2 weeks ago | bloomberg.com | Anup Roy |Subhadip Sircar

India’s central bank is expected to cut interest rates on Wednesday around the same time US import tariffs take effect, with investors primed for more market turmoil and the possibility Governor Sanjay Malhotra will take stronger steps to bolster the economy against a slowdown. Most of the 39 economists surveyed by Bloomberg predict the Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 6%, with some saying there is a chance of even deeper cut.

3 weeks ago | ca.finance.yahoo.com | Subhadip Sircar |Bhaskar Dutta |Siddhartha Singh

(Bloomberg) -- India announced a borrowing plan for the first half of the fiscal year that’s lower than market expectations. • None Why Did the Government Declare War on My Adorable Tiny Truck? • None These US Bridges Face High Risk of Catastrophic Ship StrikesThe government plans to sell eight trillion rupees ($93.2 billion) of bonds in the six months to September, the Ministry of Finance said in a statement after trading ended on Thursday.

4 weeks ago | news.bloombergtax.com | Saikat Das |Subhadip Sircar

Global alternative investment manager Oaktree Capital Management L.P. has set up a unit in India’s international finance hub, known as GIFT City, to invest in the South Asian nation, according to people familiar with the matter. The fund management entity is called OCM India IFSC Private Limited. Some of Oaktree’s global funds will route their India investments through the vehicle, which will be part of the asset manager’s downstream investment structure, they said.

1 month ago | bloomberg.com | Subhadip Sircar |Abhishek Shanker

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...

1 month ago | bloomberg.com | Subhadip Sircar |Saikat Das

Standard Chartered Plc has been picked as the bank for real-time settlement of all dollar-denominated trades in the country’s only global financial center, likely slated for end-June, according to people familiar with the matter. Banks having units in the Gujarat International Finance Tec-City, or GIFT City, in western India have been asked to set up trading accounts with the British bank, said the people, who asked not to be identified as discussions are private.