We would like the government to announce measures to stimulate the demand on the ground. Opening the tap of government spending in whatever possible way is the need of the hour, given the growth rate plummeting to 11 year lows. Allocation towards schemes like MNREGA/ NREGA should be increased substantially which create employment opportunities in rural India, where the demand is seen taking a back seat in last few quarters. … [Read more...] about Budget 2020: ‘Market factoring in 50- 75 bps slippage in fiscal deficit target’
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In my view, global central banks have not solved problems of the 2008 financial crisis. They had just postponed the problem by printing new money. If you compare the top five banks of United States, most of them are either trading below 2001 price or around that. This is astonishing, but no one talks about it as of now. … [Read more...] about Did market see US Fed’s liquidity-driven rally without any economic fundamentals post 2008?
"Not surprisingly, the RBI's MPC unanimously held status quo on rates. The current level of rates in the system is benign enough to allow for a pause. Cumulative rate cuts since February 2019 were also accompanied by a sharper cut in reverse repo as well as the lowered level of CRR, in previous policy announcements. As the US Federal Reserve kept rates unchanged, it enabled us to retain our rates at current levels, which also helps lure foreign capital. The pause allowed RBI an opportunity to monitor upside risks to food inflation and cost-push pressures from the rise in fuel prices," Amar Ambani, Senior President and Head of Research – Institutional Equities, YES Securities said. … [Read more...] about RBI policy good for banks; one-time loan restructuring & increase in LTV for gold loans strong steps: Experts
The US government has supported the economy with three times the money that the US Fed took 100 years to create post its establishment in 1913 and that too in the first four months of the pandemic. This clearly shows there is too much liquidity in the stock market. This liquidity was created by the US Fed, to be infused in the economy, but in the short-term, this liquidity is driving global stock markets. … [Read more...] about ‘Investing on basis of largecaps or midcaps old school of thought, focus on sectors’
To enable some of these technologies and ideas to work within the domain of a multinational company, the big companies allow the startups inside their operations to adapt their innovations to the companies’ needs. “These companies can rapidly get in and accelerate their pilot or their deployment and get something rolled out very, very quickly,” Singh says. “As you can imagine, deploying technology at some of these large companies can take a long time. So think of it as a fast-track for startups to talk to the right people and accelerate their deployment.” … [Read more...] about Starbucks, PepsiCo, and BMW partner to fix a global problem worth trillions