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UPASNA BHARDWAJ
Full flow FCNR deposits could hit $100 billion, beat estimatesStrong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects...
India’s July inflation quickens to 4.45% from 4.38% in June, stays above RBI targetIndia saw its retail inflation rise to 4.45 percent in July compared to June's 4.38 percent, largely due to rising food prices, which are k...
RBI GDP Growth 2026-27: Malhotra & Co lift FY27 GDP forecast to 6.7% from 6.6% on growth resilienceRBI GDP Growth 2026: The Reserve Bank of India raised its FY27 GDP growth forecast to 6.7 percent. It kept the policy repo rate unchanged a...
Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
Softer inflation trips rate hike forecasts, RBI hold more likelyStandard Chartered Bank had already withdrawn its August rate hike forecast following the last policy review. ET’s interactions with bank e...
India inflation risks mount on renewed US-Iran tensions, El NinoIndia's inflation faces an uncertain future outlook. Renewed tensions in the Strait of Hormuz may increase oil prices. An intensifying El N...
India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 monthsIndia's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to th...
Rupee shifting to 87-87.50 range against dollar; expects 50-75 bps rate cut in CY25: Upasna BhardwajUpasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, forecasts the rupee shifting towards 87 against the dollar. She projects GDP growt...
Corporate earnings steady, but demand risks loom ahead: Upasna BhardwajThere 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...
RBI’s generosity is good for India’s fiscal glidepath, but not enough for oil price relief: Kotak's Economist BhardwajIndia's central bank surplus transfer to the government will help it maintain fiscal prudence but it is unlikely to cut fuel taxes now, sai...
Budget has not done anything to rock the boat: Upasna Bhardwaj, Kotak Mahindra BankIn an exclusive chat with ET Now, Upasna Bhardwaj, Economist, Kotak Mahindra Bank, says that the income tax collection growth has been expe...
It would be very difficult to justify 12% nominal GDP growth: Upasna Bhardwaj, Kotak Mahindra BankDemonetisation and GST will make it extremely difficult for the government to project its revenues and attaining fiscal deficit target, say...
The CPI, WPI divergence will gradually narrow: Upasna Bhardwaj, Kotak BankWe are looking at some deceleration in food inflation which should help us and at the same time particularly because CPI is the anchor for ...
Reining in inflation a must for achieving sustainable growth: Upasna Bhardwaj, ING Vysya Bank"I am of the opinion that the government should not really stick to the 3.6% target. It would have compromised growth"
See fiscal deficit target at 4% for next year: Upasna Bhardwaj, ING Vysya Bank"Rather than the target itself, we should be focusing more on the likely roadmap — things like what additional resources will be channelize...
RBI to wait for budget before going in for rate cut: Upasna Bhardwaj, ING Vysya Bank'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...
Expect RBI to maintain status quo in policy rates for the moment: Upasna Bhardwaj, ING Vysya Bank"The RBI governor would like to see the underlying currents as far as inflation is concerned and then probably take a call."
See no signs of economy either stabilising or recovering: Upasna Bhardwaj, ING Vysya BankWe 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 ...
Don’t expect any rate hike in January: Upasna Bhardwaj, ING Vysya Bank"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."
Expect rupee to be range-bound for a month or two: Upasna Bhardwaj, ING Vysya Bank'I do expect the range-bound movement to persist for at least a month or two, going forward'