The Columbia University alumnus is on a mission to bring in new perspectives to research at the RBI, which is all of 80 years old.
he Reserve Bank of India (RBI), which frowns at algorithm trades and is averse to sophisticated financial products, has hired an algorithmic trader from Nomura Securities.
"The government sent a communication indicating the changes. All kinds of storms are being raised that the government has changed the draft. "
Sebi plans a version of the permit raj as a gate-opening strategy when cap on overseas holding of government bond is raised.
An ET poll of 15 economists shows that the benchmark repo rate will remain at 7.25%. Just one of the polled believes that there could be a rate reduction on Tuesday.
Parviz Aghili, founder of Middle East Bank, also known as Khavarmianeh Bank, could see the Iran nuclear deal coming.
Storm emanating from Greece could cause destruction in Indian mkts, but damage may be limited, thanks to better macro-economic fundamentals than in 2013.
Naresh Takkar, CEO of ICRA Group, the Indian unit of Moody’s, in an interview with ET, says the problems ailing corporates and banking system are of their own making.
"I have been a fighter," says Gogia, who was turned away by three big law firms saying they cannot take the brief because of relationships with Yes Bank.
SBI plans second dollar bond sale to raise $1.5 billion before expected rate hike by US Federal Reserve
SBI plans to launch dollar bond sale of the fiscal year to raise $1.5 billion to utilise the window available to borrow at a lower cost before US Fed raises rates.
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