Foreign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...

Standard Chartered Bank had already withdrawn its August rate hike forecast following the last policy review. ET’s interactions with bank e...

India's inflation faces an uncertain future outlook. Renewed tensions in the Strait of Hormuz may increase oil prices. An intensifying El N...

India's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to th...

Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, forecasts the rupee shifting towards 87 against the dollar. She projects GDP growt...

There was some kind of expectation, which was building up in the markets, from what I gather, that there could be a possibility of an annou...

India's central bank surplus transfer to the government will help it maintain fiscal prudence but it is unlikely to cut fuel taxes now, sai...

In an exclusive chat with ET Now, Upasna Bhardwaj, Economist, Kotak Mahindra Bank, says that the income tax collection growth has been expe...

Demonetisation and GST will make it extremely difficult for the government to project its revenues and attaining fiscal deficit target, say...

We are looking at some deceleration in food inflation which should help us and at the same time particularly because CPI is the anchor for ...

"I am of the opinion that the government should not really stick to the 3.6% target. It would have compromised growth"

"Rather than the target itself, we should be focusing more on the likely roadmap — things like what additional resources will be channelize...

'On the fiscal front, there are some concerns. The RBI would probably want to wait for the budget before they go ahead with any further act...

"The RBI governor would like to see the underlying currents as far as inflation is concerned and then probably take a call."

We still have to see any clear signs or visible signs of improvement in any of the fields. Investment cycle does not seem to be picking up ...

"However, I do look at one or two more hikes in the first half of 2014. We may be settling at an 8% repo rate and that is my base case."

'I do expect the range-bound movement to persist for at least a month or two, going forward'