Cotton exports likely to cross 65 lakh bales – The Financial Express

Cotton exports likely to cross 65 lakh bales – The Financial Express
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Purchases made by the Cotton Corporation of India remain tepid on weak arrivals.Mills also have been stocking up on cotton, anticipating a fall in supply in the not too distant future.The country has exported close to 10 lakh bales of cotton so far to Bangladesh, Vietnam and Indonesia this kharif season, according to industry experts.The total exports are likely to touch 65 lakh bales even as cott...
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Cash offering better returns than stocks for first time in 10 years, says JPMorgan Asset – The Financial Express

Cash offering better returns than stocks for first time in 10 years, says JPMorgan Asset – The Financial Express
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For the first time in a decade, investors can get a lot more from safe, liquid securities than from the SP 500 Index, adjusted for volatility, they argued.Cash offering better returns than stocks for first time in 10 years, says JPMorgan AssetCash isn’t only a safe place to invest, it now offers a better risk-adjusted return than equities, according to JPMorgan Asset Management. That was highlight...
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Oil falls after OPEC delays output decision – The Financial Express

Oil falls after OPEC delays output decision – The Financial Express
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Oil fell in choppy trading on Thursday after OPEC ended a key meeting having made no decision on crude output.An OPEC delegate said the organisation had agreed a tentative deal to cut oil output but had not yet come up with a final figure.Oil fell in choppy trading on Thursday after OPEC ended a key meeting having made no decision on crude output, as it prepared to debate the matter with other exp...
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RBI Monetary Policy: Rates on long pause; here's what bond markets must watch for now – The Financial Express

RBI Monetary Policy: Rates on long pause; here's what bond markets must watch for now – The Financial Express
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The change in sentiment indeed has been a dramatic one. This is even more pertinent given the backdrop of the liquidity crises that engulfed bond markets since the end of September.Fortunately, the ones who called it doomsday for bond markets may have to wait it out for a bit more!Lakshmi IyerOn the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, th...
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Replacing MCLR: Retail, MSE loans to be linked to external benchmarks – The Financial Express

Replacing MCLR: Retail, MSE loans to be linked to external benchmarks – The Financial Express
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Reserve Bank of India has proposed benchmarking of fresh floating rate personal or retail loans and loans to micro and small enterprises to an external benchmark, effective April 1, 2019Replacing MCLR: Retail, MSE loans to be linked to external benchmarksBy Mitali SalianIn a move that could bring transparency, clarity on how banks price their loan products, the Reserve Bank of India (RBI) has prop...
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Oil prices: Crude falls amid signals of lacklustre OPEC deal to cut output – The Financial Express

Oil prices: Crude falls amid signals of lacklustre OPEC deal to cut output – The Financial Express
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Crude slipped as Saudi Arabia’s energy minister backed a smaller-than-expected supply cut.Brent for February settlement tumbled .93 to .63 on London’s ICE Futures Europe exchange. (Reuters)Crude slipped as Saudi Arabia’s energy minister backed a smaller-than-expected supply cut.Futures in New York and London fell about 5 percent on Thursday. A million-barrel reduction in daily supplies from OPEC a...
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Wall Street extends slide, Dow Jones plunges over 700 points – The Financial Express

Wall Street extends slide, Dow Jones plunges over 700 points – The Financial Express
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The SP 500 and the Dow Jones Industrial Average slipped back into losses for the year on Thursday, as U.S. stocks extended slide on fresh worries over China-U.S. tensions, lower oil prices and tumbling U.S. bond yields.At 11:15 a.m. ET, the Dow Jones Industrial Average was down 708.51 points, or 2.83 percent, at 24,318.56, the SP 500 was down 69.48 points, or 2.57 percent, at 2,630.58 and the Nasd...
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OMOs to continue till March-end, says RBI deputy governor Viral Acharya – The Financial Express

OMOs to continue till March-end, says RBI deputy governor Viral Acharya – The Financial Express
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The Reserve Bank of India (RBI) will continue to inject liquidity into the banking system through open market operation (OMO) purchases till the end of this fiscal, its deputy governor Viral Acharya said. Acharya said RBI has also provided infusion of liberal liquidity through term repo in addition to the usual provision via the liquidity adjustment facility (LAF).The Reserve Bank of India (RBI) w...
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Market volatility: Investors should look at short to medium debt funds – The Financial Express

Market volatility: Investors should look at short to medium debt funds – The Financial Express
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These funds also change the maturity of the portfolio and the investment mix depending upon their outlook on interest rates and inflation. The local unit, however, pared the initial losses and finally ended the session at 70.46 to the US dollar, up 3 paise.The Reserve Bank of India (RBI), in its bi-monthly monetary policy on Wednesday, kept the key policy rates unchanged at 6.50%. However, fund ma...
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Room for cheaper loans: Banks' spread over deposit rates rises to 3.4% – The Financial Express

Room for cheaper loans: Banks' spread over deposit rates rises to 3.4% – The Financial Express
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The spreads were higher, at 3.5%, in October 2016.SBI recently hiked its deposit rates following rate hikes by HDFC Bank and ICICI Bank earlier last month.Banks’ spread on loans over deposits has expanded to a two-year high of 3.4%, led by an improvement in the CASA (current account savings account) ratio of banks. The spreads were higher, at 3.5%, in October 2016.On a year-on-year basis, the bank...
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