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1 week ago | 
bloomberg.com | Subhadip Sircar |Bhaskar Dutta |Anup Roy
Sanjay Malhotra(Bloomberg) -- India’s central bank may have space for further policy easing if inflation undershoots its projections, said Governor Sanjay Malhotra, seeking to address market confusion sparked by his earlier remarks that the authority has limited room for easing.
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2 weeks ago | 
bloomberg.com | Subhadip Sircar |Saikat Das
Lakshmi Iyer(Bloomberg) -- Lakshmi Iyer, a veteran fund manager at India’s Kotak Mahindra Group, has quit after over twenty years at the firm, people familiar with the matter said. Iyer was chief executive officer of investments and strategy at Kotak Alternate Asset Managers Ltd. She will be joining Bajaj Finserv Ltd., the people said. Kotak Alternate manages about $20 billion, with over $6 billion spread across 14 private credit funds, Iyer told Bloomberg News in an April interview.
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3 weeks ago | 
bloomberg.com | Subhadip Sircar |Ashutosh Joshi |Divya Patil
The National Stock Exchange (NSE) in Mumbai, India, on Wednesday, Feb. 19, 2025. Carlyle Group Inc.’s Hexaware Technologies Ltd. rallied on Wednesday after India’s first billion-dollar initial public offering of 2025, signaling investor appetite for new listings remains strong despite the weakness in broader markets.
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3 weeks ago | 
bloomberglinea.com | Subhadip Sircar |Al Drago
Bloomberg — Los activos de los mercados emergentes parecen estar preparados para ofrecer una rentabilidad de “varios puntos porcentuales” este año ante las expectativas de un descenso continuado del dólar estadounidense, según Bofa Securities.
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3 weeks ago | 
flipboard.com | Subhadip Sircar |Ashutosh Joshi
NowGEO is Eating SEO—It’s a Whole New WorldSearch engine optimisation (SEO) is the process of tuning a content or web page so that it can be easily discovered by search engines like Google and …2 hours agoRs 22000 crore bank balance, house with 347 rooms, never got married, earns huge amount of money…., her name is…Despite coming from a royal family, she chose not to get married. Now around 50 years old, she remains unmarried by choice and is fully focused on …
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3 weeks ago | 
news.bloombergtax.com | Anup Roy |Subhadip Sircar
India’s central bank will likely cut interest rates for the third straight meeting to boost economic growth, with market watchers focused on the extent of easing in this cycle. The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.75%, according to all but one of the 34 economists surveyed by Bloomberg. The central bank is also expected to maintain its ‘accommodative’ stance, signaling a more supportive outlook for the economy amid global headwinds.
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3 weeks ago | 
news.bloomberglaw.com | Anup Roy |Subhadip Sircar
India’s central bank will likely cut interest rates for the third straight meeting to boost economic growth, with market watchers focused on the extent of easing in this cycle. The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.75%, according to all but one of the 34 economists surveyed by Bloomberg. The central bank is also expected to maintain its ‘accommodative’ stance, signaling a more supportive outlook for the economy amid global headwinds.
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3 weeks ago | 
bloomberg.com | Anup Roy |Subhadip Sircar
(Bloomberg) -- India’s central bank will likely cut interest rates for the third straight meeting to boost economic growth, with market watchers focused on the extent of easing in this cycle. The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.75%, according to all but one of the 34 economists surveyed by Bloomberg.
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3 weeks ago | 
bloomberg.com | Subhadip Sircar |Ashutosh Joshi |Menaka Doshi
India’s central bank will cut its benchmark interest rate by a quarter-percentage point Friday on the back of easing inflation to support growth, some of the country’s leading fund managers who together oversee over $73 billion in assets said on Tuesday. Axis Asset Management Co. expects the current easing cycle to end with the repo rate at 5.5% while Kotak Mahindra Asset Management Co. said the rate could go as low as 5%.
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1 month ago | 
bloomberg.com | Anup Roy |Subhadip Sircar
The Reserve Bank of India headquarters building in Mumbai. (Bloomberg) -- India’s central bank gave a record dividend to the government as gains on foreign exchange transactions and interest income boosted its profit. The Reserve Bank of India recorded gains of over 1.11 trillion rupees ($13 billion) from sale of foreign exchange in the financial year that ended in March, up from 836.16 billion rupees the previous year, according to its annual report released Thursday.
