₹, bonds to balance on high wire of RBI rate decisions, US polls
Business Standard|November 01, 2024
Foreign exchange (forex) and government bond dealers expect the timeline for domestic interest rate cuts and the US presidential election to play crucial roles in Samvat 2081.
ANJALI KUMARI

The next Samvat for the Indian bond market is projected to be a period of relative calm, marked by limited fluctuations in yields and a cautious policy stance from the Reserve Bank of India (RBI).

With no rate cuts projected until April 2025 and a focus on inflation control, the RBI's approach aligns well with current domestic and global economic conditions, bond market participants said.

Conversely, supported by robust domestic growth, steady capital inflows, and favourable external conditions, the rupee is well-positioned to offset short-term global pressures, dealers observed.

Although predicting long-term currency movements is challenging due to evolving geopolitical factors, the outlook remains cautiously optimistic, with resilience likely characterising the rupee's journey over the coming months.

Market participants indicated that the Indian bond market seems poised to enter a "long-term sleep cycle". This suggests a period of stabilisation or reduced volatility, likely with limited movement in benchmark yields.

Diese Geschichte stammt aus der November 01, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der November 01, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS STANDARDAlle anzeigen
Business Standard

India may become global leader in 5G FWA mkt by 2027

India is expected to become the world's largest 5G fixed wireless access (FWA) market by 2027 with over 30 million subscribers and overtake the US, the current global leader with 15 million subscribers, according to Counterpoint Research.

time-read
1 min  |
November 25, 2024
Crypto or not: Industry to focus on user protection, licensing regime
Business Standard

Crypto or not: Industry to focus on user protection, licensing regime

A consultation paper on the crypto sector is expected to suggest clarity on regulations after WazirX breach, says CoinSwitch co-founder

time-read
2 Minuten  |
November 25, 2024
Pant, Iyers knock it out of the park
Business Standard

Pant, Iyers knock it out of the park

IPL Mega Auction: Star wicket-keeper most expensive player at ₹27 cr; Shreyas, Venkatesh bag hefty pay cheques

time-read
2 Minuten  |
November 25, 2024
Eastern states are country's growth engine, says Modi
Business Standard

Eastern states are country's growth engine, says Modi

Prime Minister Narendra Modi asserted on Sunday that his government considers India's eastern region as the country's growth engine, while the area was considered backward earlier.

time-read
1 min  |
November 25, 2024
The other side of financialisation
Business Standard

The other side of financialisation

There's been a dramatic rise in loans against gold in the past one year, but growth in unsecured loans is slowing. Bank loans to the NBFC sector have also dipped

time-read
4 Minuten  |
November 25, 2024
Demand for super top-up health insurance plans rises after Covid
Business Standard

Demand for super top-up health insurance plans rises after Covid

Demand for super top-up plans in health insurance has increased significantly post the Covid-19 pandemic, owing to a rise in medical costs and increased insurance awareness in the country, industry insiders have said.

time-read
2 Minuten  |
November 25, 2024
Countdown to Feb 1 begins
Business Standard

Countdown to Feb 1 begins

FY26 Budget will come only six months after the last one, but has all the signs of becoming a hallmark document

time-read
4 Minuten  |
November 25, 2024
Greening AI for sustainable computing
Business Standard

Greening AI for sustainable computing

Technologies are providing solutions to many business and social problems. However, the solution itself is becoming a problem for climate action.

time-read
3 Minuten  |
November 25, 2024
Agentic AI: The next frontier
Business Standard

Agentic AI: The next frontier

A new iteration of AI is now taking the world by surprise. Agentic AI can take its own decisions. ARYAMAN GUPTA & SHIVANI SHINDE report

time-read
3 Minuten  |
November 25, 2024
Visit developer's past projects to evaluate service standards
Business Standard

Visit developer's past projects to evaluate service standards

Renting temporarily can be useful to assess suitability before committing to purchase

time-read
3 Minuten  |
November 25, 2024