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HARIHAR POST
Odisha will soon become hub of cancer care in east India: Chief Minister Naveen PatnaikOdisha is set to become a hub for cancer care in eastern India, according to Chief Minister Naveen Patnaik. The state has recently inaugura...
Stray dogs inside cancer hospital: NHRC notice to Odisha govt, Cuttack civic body"This provides for their right to safety and quality care according to standards that include a proper environment within the hospital prem...
RBI move delivered huge mark-to-market gains to banks: K HariharLonger-term yield would come down systematically, bringing down all the yields in the marketplace.
Fed hikes rate or not, dollar flows expected to continue into EMs: K Harihar, FirstRand BankOur bond markets are expecting the CPI to trend lower
Rate cut likely in next Q1 and that too with riders: K Harihar, FirstRand BankWe have a large amount of redemptions coming in mid week that will again pump liquidity back into the market.
Rupee could test 67 level, to move in 67 to 67.50 range: K Harihar, First Rand BankIn India we are probably in a very lovely position where you can see easy money in the global markets continuing
Rupee can test 66 level convincingly: K Harihar, FirstRand BankIn addition to the fiscal numbers being low, the current account deficit is sustainably at least for the visible next six odd months
Aspirationally we want 8% growth, but would pencil in 7.5% for the coming fiscal: K Harihar, FirstRand BankIn a chat with ET Now, K Harihar, Head-Global Markets, FirstRand Bank, says the more sensitive, more elastic sectors are already moving ver...
Weakness in rupee likely to continue on strong dollar: K Harihar, FirstRand Bank"It is primarily the dollar index. And today is not a one-off instance. I think the index is headed, very gently, towards the 100 level."
Inflation to spike after August, banks' ability to cut rates doubtful: K. Harihar, FirstRand Bank'You hope the system will take the rates down, but the cost of deposits also needs to come down.'
Companies such as LensKart, American Swan & Troika Consultants draw social media flak for using quake adsLensKart, online eyewear seller, sent out SMSes that read, “Shake it off like this earthquake,” offering recipients heavy discounts for ref...
Don’t expect a runaway fall for rupee going forward: K Harihar, FirstRand BankYesterday’s credit policy made a rupee positive move and we actually saw the rupee strengthening from the 61 levels to the 60.80 levels.
Economy seems to have bottomed out, FY15 GDP to be above 5%: K Harihar, FirstRand Bank"In the last three days, the reason for the rupee strengthening has been clearly a very large amount of money coming into the debt markets."
RBI measures will be reversed once Re corrects to 57-58/$: K Harihar, FirstRand Bank"RBI would not probably tinker with either of the CRR or the repo, partly because initial measures are working," says K Harihar, FirstRand ...
- Viscose Staple Fibre division to regain market: Grasim
Capacity expansion by 164,000 tonnes in the Viscose Staple Fibre (VSF) division is going to be the next growth driver for Grasim.
- Poor sentiment, Eurozone crisis hurting the rupee: FirstRand Bank
Right now the markets seem to be taking a cue completely from the Eurozone. What is happening in the rupee market is reflective of the fact.
- Air India sets up committee to examine sacked pilots' reinstatement
AI management has set up a committee to look into reinstatement of pilots, whose services were terminated during the recent strike.