at the very Core of it all … is Content!
The 50 bps reduction in the policy rate by RBI is a precursor to reduction in interest rates in the economy which will provide a strong impetus to growth. The progressive liberalisation of financial markets is a very welcome step. The policy statement not only demonstrates consistency in RBI’s approach but also explicitly recognises the …
The monetary policy announcement is in line with expectations. The Reserve Bank of India has noted encouraging trends in growth, indicative of a strengthening recovery. At the same time, it has opted to monitor inflation trends for some more time before taking any further steps to ease monetary policy. I expect to see easing of …
The rate cut is a welcome step considering the need to further improve domestic demand and revive credit growth. The uncertainties cited in the policy statement present a pragmatic evaluation of economic conditions warranting a guarded approach, particularly with regard to risks to inflation and impact of monsoon. In summary, the policy stance is in …
The policy signals RBI’s resolve to firmly contain inflation and inflationary expectations, while responding to positive developments in inflation and fiscal consolidation. The statement that a change in monetary policy stance is likely early next year if the current positive trends continue is very welcome. The economy has already received a tremendous boost in terms …
Outotec notes that there has been speculation in the media this morning concerning a potential bid for Outotec by The Weir Group Plc. Outotec has not been approached or received a bid for a potential combination of the two companies. Should Outotec receive these types of proposals the Board of Directors of Outotec would evaluate …
New Delhi, July 1, 2014: FICCI welcomes the notification of the eagerly awaited Companies (Cost Records and Audit) Rules by the Ministry of Corporate Affairs. This is a positive step in the overall implementation of the Companies Act, 2013. “We are pleased to note the Rules are in sync with realities of our economy and …
New Delhi, 16 June 2014: The wholesale price index (WPI) inflation rate was reported at 6.01% for May 2014, an increase from 5.2% in April 2014. “Inflation remains a key impeding factor to the overall growth prospects of the economy. With food and fuel prices being the key driving factors, upside risks to inflation continues. The sub …
New Delhi, June 3, 2014: “The Reserve Bank of India has maintained status quo on key policy rates. FICCI feels an accommodative stance would have given better encouragement to investments amid early positive sentiments after the new government took charge and is pursuing a growth agenda. After this policy, our hopes are singularly hinged on …
New Delhi, 23 May 2014: FICCI welcomes the RBI’s move to relax the import curbs on Gold by allowing some large private gold importers i.e. star and premier trading houses, to import the yellow metal, although, within 20:80 scheme. This move will help in reduction of gold prices in the domestic market and will also help …
“It seems that George has find pure love. This platinum engagement ring is symbolic of purity in its design, setting and diamond. The design is classic with ethically – mined diamonds with a larger center (approximately 7 carats) flanked by tow tapered baguette diamonds. Naturally white platinum holds the diamonds securely – and platinum is …