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SAMEER NARANG
Indigrid Technology raises Rs 35 crore from Cactus Partners at Rs 600 crore valuationAccording to cofounders Sameer Narang and Rishab Puri, the funds will be used to set up a new facility in Goa and expand the production cap...- A flexible MPC wary of accommodative turn, but may back measured rate cutsThe Reserve Bank is likely to maintain its neutral monetary stance while delivering measured interest rate cuts and raising liquidity amids...
- Real GDP growth seen lower than RBI estimates in Oct-MarEconomists predict slower real GDP growth in the second half of FY25, ranging from 6.4% to 6.6%, compared to RBI's 7% projection. High-freq...
- EV component maker Indigrid Technology raises $5 million in funding from Cactus PartnersIndigrid Technology raises $5 million in funding from Cactus Partners for electric vehicle components.
- Why is RBI buying more dollar forwards than spot?The central bank’s forward market purchases in August were $10.7 billion, according to RBI data. It bought $8.5 billion in the spot market ...
- India Inc rushes abroad to borrow cheap in Covid timesCompanies raised $3.5 billion (Rs 26,320 crore) in external commercial borrowings in April-June, as per RBI data. This amount was equivalen...
- RBI may need to aggressively cut rates alongside fiscal stimulus: EconomistsIndia went into the coronavirus pandemic amid falling growth and a sharp contraction in demand.
- Cheaper oil, foreign flows a tailwind for rupeeThe rupee has lost nearly 7 per cent against the dollar so far this year.
- RBI stockpiles US treasury holdings by more than $2bInvestors are moving to safe haven assets such as the US dollar or the US dollar denominated Treasury securities.
- Analysts see RBI pausing rates for long as inflation worries returnWhile the RBI has asserted that the stance of the monetary policy will stay accommodative, market analysts believe that rate cuts won't hap...
- WPI inflation slips to 3.07% in April on cheaper manufacturing productsThe Wholesale Price Index (WPI)-based inflation was at 3.18 per cent in March. It was 3.62 per cent in April 2018.
- Rural economy bottoming out, but it will take time: Sameer Narang, BoB"The government policy of higher MSP should ideally play out in prices in coming few months."
- RBI MPC may change policy stance to neutral this week: ExpertsIt would be the first MPC meeting under RBI Governor Shaktikanta Das, who took charge in December 2018 following sudden exit of Urjit Patel.
- Synchronous global and domestic slowdown to impact farmers and manufacturers: Sameer Narang, Bank of BarodaNext few months there will be significant headwinds in the form of contraction in fisc, says Narang.
- RBI doesn't have a large scope for easing unless inflation really surprises on the downside: Sameer Narang, BoBIf inflation goes to sub-3.5%, it opens up a very large room for easing, says Narang.
- Rupee to average at 69 per dollar this fiscal: ReportThe rupee ended below the 70-mark against the US dollar for the first time ever on August 16.
- India may abandon its 'no first use' nuclear policy: ExpertThe remarks by Vipin Narang, an expert on South Asian nuclear strategy at the Massachusetts Institute of Technology, before a Washington au...
- Senior management reshuffle at Coca-Cola; Sameer Wadhawan gets additional chargeManu Narang Wadhwa, who has joined Coca-Cola from American Express where she served for nine years, will succeed Wadhawan, the company said...
- Railway bribery case: alleged conduit gets bailA Delhi court today granted bail to one of the alleged middlemen in the Rs 10-crore Railway bribery case while reserving its order on the b...
- See IDFC, LIC HF as prime contenders for banking licence: Sameer Narang, HDFC SecuritiesThe new private sector bank licences that were given in 1993, those banks, like the Yes Bank in 2001, have generated a lot of value in the ...
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