Consumer prices in the 19-country euro zone slipped by 0.1 percent in September – far from the bank’s aim of just below 2 percent – prompting calls for the ECB to expand or extend its 60 billion euros a month of asset purchases.
Posts tagged MC
ECB will keep inflation target on track: Draghi (31-10-2015)
IDFC Q2 net loss at Rs 1411 cr, asset quality worsens (31-10-2015)
The finance company’s asset quality took a beating in September quarter as gross non-performing assests (NPA) was at 3.17 percent against 1.52 percent while net NPA (QoQ) came in at 1 percent from 0.99 percent quarter-on-quarter. In absolute terms, gross NPA rose to Rs 1,467.3 crore from Rs 810.6 crore sequentially.
Banks can’t fund realtors to build land banks: SBI CMD (31-10-2015)
Banks in India lend towards cash flows and not equity. State Bank of India chairman and managing director Arundhati Bhattacharya says: “We cannot be expected to lend against land just on the basis of the value of the land.”
Experts discuss key factors to determine company’s ‘moat’ (31-10-2015)
Ramdeo Agarwal, Joint MD Motilal Oswal Financial Services said that earnings as well as returns are the factors that decide whether a company has a ‘moat’ or the competitive edge over others.
DTAA has never been misused by India or Mauritius: Jugnauth (31-10-2015)
Mauritius Prime Minister Anerood Jugnauth on Friday said that Mauritius is in talks with India to revise the Double Tax Avoidance Agreement (DTAA), but did not comment on completion of the discussion between the nations.
Russian plane crashes in central Sinai with 224 on board (31-10-2015)
Radar lost sight of the plane, an Airbus A-321 operated by Russian airline Kogalymavia, in Cypriot airspace about 25 minutes after it took off from the Sinai coastal resort area of Sharm el-Sheikh, Reuters reported, citing Russian news agencies.
Need bankruptcy code for market in corp bonds: HR Khan (31-10-2015)
Banks will continue to remain the central part of the financial system, while corporate bond market will continue to play a role but not the predominant role, says HR Khan, deputy governor of Reserve Bank of India (RBI). He also spoke about the need to focus on the sovereign debt market
GlaxoSmithKline Pharma Q2 net dips 25% at Rs 96 cr (31-10-2015)
GlaxoSmithKline Pharma Q2 net dips 25% at Rs 96 cr
Subsidies can’t be essence of survival: FM to realty sector (31-10-2015)
Speaking at a housing market conference here attended by real estate players and housing finance firms, Jaitley said the sector will be the next big mover as far as the Indian economy was concerned.
Excessive political correctness stifles progress: RBI Gov (31-10-2015)
Addressing students at Indian Institute of Technology-Delhi, the RBI Governor said that bans could not be a quick resort. “It is better to improve environment for ideas through intolerance and mutual respect,” he said.