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SRINIVAS VARADARAJAN
Open cloud compute: a UPI moment for AI?Open Cloud Compute (OCC), an initiative by People+AI and EkStep Foundation, aims to reduce the high costs of compute power by establishing ...
India hosts fewer than 10 micro data centres: paperOCC is an open interface for providers and customers of computing infrastructure, and a network of interoperable micro data centres in the ...
Top companies back move to set up open cloud compute networkPeople+ai, an initiative by EkStep Foundation co-founded by Nandan Nilekani, set out last year to address increasing compute demand in the ...
People+ai readies blueprint for digital public infrastructure for open computepeople+ai, an initiative by EkStep Foundation—an organisation co-founded by Nandan Nilekani--is set to discuss a concept paper on ‘Digital ...
Discretionary allotment at reverse repo will help rate transmission: Srinivas Varadarajan, Deutsche BankThe coronavirus outbreak has thrown financial markets into a tizzy, compounding growth woes. Liquidity is plenty and rates have come off. S...
Dump govt paper, buy state debt: That's the name of the gameThe trading strategy is offering lenders extra returns of about 100 basis points.
Neither billionaires nor poor can escape India shadow lender woeDebt concerns have pushed funding costs for NBFCs to multi-year highs in recent weeks.
GST may blunt Indian coconuts' competitive edge in global marketsDesiccated coconut is widely used in the making of biscuits and cookies.
Positive GST cues may bring more foreign debt investors to bond streetThe passage of the GST Bill will set the stage for improved business conditions and progressively higher tax revenues.
Bond yields plunge to 3 year lowThe 10-year bond yield closed at 7.39% Tuesday as compared to 7.43% a day earlier. The latest level was last seen on June 20, 2013.
Yields plunged: Will you get cheaper loan now?An across the board fall in borrowing costs led by the Government could lead to the much awaited consumption boost when it gets added to th...
Unhedged positions in currency market could mean trouble aheadRBI is expecting $20 billion to go out of the system as foreign currency nonresident deposits, or FCNR(B), contracted more than two years a...
Home, car loans may get cheaper from AprilThe switchover to the marginal cost-of-funding formula, coupled with sharp cuts in small savings rates, will force lenders to pass on the b...
Government has done its bit, now it's up to the central bank: Srinivas Varadarajan, Deutsche Bank"The government has stuck to the path of fiscal consolidation, at 3.5% the fiscal deficit has assuaged concerns that existed prior to the B...
Turning dollar cycle is an opportunity, not a challengeThe pieces are falling into place – an inflation-targeting framework, fiscal consolidation and a healing current account.
To save rupee, RBI may go for direct funding of crude buys, bond issueThe rupee is the worst-performing Asian currency as foreign funds pulled out $5.4 billion from Indian debt in June.
Has the multiple indicator approach to monetary policy served well?A credible exchange rate target can lower domestic inflation to the anchor currency, which is characterised by low and stable inflation.
- Sustainable development, energy conservation high on corporate agenda
In a recent meet, industry leaders discussed the need to use technology to further the green agenda of businesses.
New year starts with a number of reasons to worry, surging CAD, fiscal deficit & external debt big concerns"Steeper decline in exports compared with imports led to the widening of trade deficit," RBI said.
- RBI in its own way is accommodating quantitative easing policies through OMOs
RBI has been undertaking open market operation (OMOs) purchase of government bonds consistently since the last two years.