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Anand Adhikari
New Delhi, April 27, 2021
The Reserve Bank of India is trying its best to keep the borrowings cost low for the government by keeping the long-term government securities (G-Sec) yields at a low level.  This support from the central bank is coming by way of surplus liquidity despite the signs of higher inflationary pressure. The CPI inflation projection for 2021-22 is at 5 percent as against the upper tolerance limit of 6 percent set by the government.  RBI  is defending its decision by reasoning that the G- Sec yield curve management is for the public good. It says the yield management not only brings down the government borrowing cost but also reduces the interest cost for corporate in the bond market. But it is easier said than done. There is a cost associated with keeping the interest low for an extended period and also managing G-Sec yields when the inflation expectations are high. Anand Adhikari, Executive Editor, Business Today, looks at the likely dangers and consequences of adopting such a policy of low-interest rates and yield management. Read More | New inflation trouble for RBI! Currency depreciation against US dollar big worryAlso Watch | E-mandate options on your debit and credit cards after September


BusinessToday.In
April 23, 2021
The company said revenue from operations climbed 18.1 percent to Rs 518.39 crore from Rs 438.88 crore in Q4 FY20. Its net profit rose 40.3 percent to Rs 115.16 crore in Q4 FY21 from Rs 82.08 crore in the year-ago period


BusinessToday.In
April 23, 2021
For FY21, HCL Tech's net profit rose 17.6 per cent YoY to Rs 13,011 crore, while revenue grew 6.7 per cent to Rs 75,379 crore.


BusinessToday.In
April 23, 2021
Tata Elxsi's earnings before interest, taxes, depreciation and amortization (Ebitda) margin increased from 30.1 per cent to 32.4 per cent


BusinessToday.In
April 22, 2021
India's rating balances a still strong medium-term growth outlook and external resilience from solid foreign-reserve buffers, against high public debt, a weak financial sector.


BusinessToday.In
April 22, 2021
\"All Kailasians, Ekailasians, volunteers associated with these de facto embassies of Kailasa are to quarantine themselves and adhere to the precautionary measures advised by the local laws,\" the statement from Nithyananda Paramashivam reads


BusinessToday.In
April 16, 2021
Sensex closed 28.35 points higher at 48,832 and Nifty rose 36.40 points to 14,617 in choppy trade today


BusinessToday.In
April 16, 2021
Wipro stock touched fresh all-time high of Rs.471.75 , rising 9.45% against previous close of Rs 431 on BSE


Anand Adhikari
April 15, 2021
The second Covid wave is also expected to upset the RBI's inflation calculation as local lockdowns impact supply chain and logistics


BusinessToday.In
April 14, 2021
Investors will closely watch Infosys' revenue guidance for next fiscal year and its plans to achieve it. It is expected that it'll provide a revenue growth guidance of 12-14% in constant currency terms, with a buffer for upgrades in preceding months


Anand Adhikari
New Delhi, April 14, 2021
The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap


BusinessToday.In
April 7, 2021
Sensex closed 460 points higher at 49,661 and Nifty gained 135 points to 14,819


PTI
April 7, 2021
The central bank kept its key policy repo rate unchanged at 4 per cent, but warned that the recent surge in COVID-19 infections has created uncertainty over economic growth recovery


BusinessToday.In
March 29, 2021
The rupee is expected to average around 73.50-74 in FY22, as, despite a vaccine, the COVID-19 frenzy still persists and is likely to continue to grapple the foreign exchange market


PTI
March 19, 2021
Observing that the vaccinations have moved beyond health workers to senior citizens, but at 3.3 crores as of March 16, the entire process needs to be speeded up, said the article on the 'State of Economy' written by RBI Deputy Governor M D Patra and other officials


BusinessToday.In
March 19, 2021
There is a restless urgency in the air in India to resume high growth, and incoming data point to even contact-intensive services such as personal care, recreation and hospitality gathering traction.


BusinessToday.In
March 15, 2021
India pulled ahead as Russian holdings declined at a faster rate in recent weeks as the Reserve Bank of India (RBI) continues to hoard dollars to cushion the economy against any sudden outflows


BusinessToday.In
March 12, 2021
Inflation in food basket, measured by Consumer Food Price Index (CFPI), increased to 3.87 per cent last month, as compared to 1.96 per cent in January, government data showed


PTI
March 11, 2021
\"The cryptocurrency, which has been debated day-in and day-out, has an underlying technology. In an interconnected economy, interconnected world, we cannot isolate ourselves,\" says Financial Services Secretary Debasish Panda


PTI
March 5, 2021
China has set its consumer inflation target at around three per cent for the year of 2021, he said


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