Stay updated with the latest depreciation news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on depreciation topics.
NEW DELHI, April 9 (Reuters) - India's expected economic growth of 6.6% for fiscal 2027 could face significant risks as the Iran war fans inflation worries, but ample foreign exchange buffers and a well-capitalised banking system could help mitigate some of it, the World Bank said. Doubts lingered over a fragile two-week Middle East ceasefire, raising concerns that energy flows through the crucial Strait of Hormuz will remain restricted. India, which imports about 90% of its oil, is among econo ...Read More >
New Delhi [India], April 9 (ANI): The consumer durable industry is navigating a challenging period where top-line growth is likely to be offset by thinning margins and regulatory shifts. Q4FY26 is expected to be a soft quarter for the sector, due to modest demand and rising input costs, noted a report by Centrum. The report estimated that the sector will see a 9 per cent year-on-year sales growth, reaching Rs 480 billion for the quarter. "For Q4FY26, we expect our coverage universe to see 9% Yo ...Read More >
The Reserve Bank of India (RBI) is set to bolster bank capital adequacy by allowing the inclusion of quarterly profits in CRAR without strict NPA provisioning conditions. In a move aimed at supporting the capital adequacy of commercial banks, the Reserve Bank of India (RBI) on Wednesday proposed to ease norms for including quarterly profits in the computation of the Capital to Risk-Weighted Assets Ratio (CRAR) and to withdraw the requirement of maintaining an Investment Fluctuation Reserve (IFR ...Read More >
Global uncertainty is likely to linger in the near term, with crude oil prices emerging as a key risk factor for markets and the broader economy, according to Dhiraj Relli, MD & CEO of HDFC Securities. Speaking on the sidelines of "The Big Review" report launch in Mumbai, Relli said elevated oil prices are creating a cascading impact across inflation, interest rates, and corporate earnings, affecting economies worldwide. However, he remains hopeful that easing geopolitical tensions in West Asi ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): HDFC Securities on Wednesday released its 'The Big Review' report, stating that India's real GDP growth is expected to remain at 6-7 per cent, while nominal growth is expected to improve soon. Speaking at the event in Mumbai's St. Regis, Varun Lohchab, Chief Research Officer-Equities at HDFC Securities, said, "While the real GDP growth is expected to remain at 6-7 per cent, nominal growth will be better due to inflation improvements." Also Read | HC ...Read More >
Mumbai, Apr 8 (PTI) The Reserve Bank on Wednesday decided to dispense with the Investment Fluctuation Reserve (IFR), an additional buffer which banks were required to maintain to hedge against depreciation in the value of investments, as a measure to support the capital adequacy of lenders. Banks currently maintain IFR as an additional buffer against depreciation in the value of their investments, subject to mark-to-market (MTM) requirements. Currently, commercial banks (including Local Area B ...Read More >
Mumbai, Apr 8 (PTI) The Reserve Bank of India on Wednesday said "excessive speculation" on the rupee prompted surprise actions on the currency front in the last fortnight, but clarified that its measures will not remain forever. "In the last few weeks of March, we have witnessed heightened volatility in the foreign exchange market. These measures are reactions to the specific market movements. They are not signalling any structural changes. These are not measures going to remain forever," Malho ...Read More >
New Delhi, Apr 8 (PTI) Silver prices soared by Rs 15,028 to Rs 2.46 lakh per kilogram in futures trade on Wednesday driven by strong global trends and increased investors' sentiment after US and Iran announced a two week ceasefire. On the Multi Commodity Exchange, the white metal for May delivery soared by Rs 15,028, or 6.5 per cent, to Rs 2,46,376 per kg from Tuesday's closing level of Rs 2,31,348 per kg. Silver prices saw a notable increase on Wednesday reflecting a strong demand amid rising ...Read More >
New Delhi [India], April 8 (ANI): The oil marketing companies (OMCs) are likely to absorb higher crude costs without passing it on to consumers if Brent crude prices remain in the range of USD 85-90 per barrel, Rajani Sinha, Chief Economist, CareEdge Ratings, has said. Also Read | 8th Pay Commission News: Consultation Process Begins, Salary Hike Expected in FY 2026-27. In an exclusive conversation with ANI on Wednesday, she also termed the Reserve Bank of India's (RBI) decision to keep rates u ...Read More >
New Delhi [India], April 8 (ANI): The oil marketing companies (OMCs) are likely to absorb higher crude costs without passing it on to consumers if Brent crude prices remain in the range of USD 85-90 per barrel, Rajani Sinha, Chief Economist, CareEdge Ratings, has said. In an exclusive conversation with ANI on Wednesday, she also termed the Reserve Bank of India's (RBI) decision to keep rates unchanged as appropriate amid global uncertainty. She stated, "As per our analysis, if crude oil prices ...Read More >
Consequently, the standing deposit facility (SDF) rate remains at 5 per cent and the marginal standing facility (MSF) rate and the bank rate remain at 5.5 per cent. The committee, which held its 60th meeting from April 6 to 8 under the chairmanship of RBI governor Sanjay Malhotra, also decided to continue with the neutral stance, the monetary policy statement released after the meeting said. Elevated energy and other commodity prices coupled with supply shock due to disruptions in the Strait o ...Read More >
Mumbai, Apr 8 (PTI) The Reserve Bank of India (RBI) on Wednesday said it expects crude oil prices to average USD 85 per barrel and the rupee to be at 94 against the dollar in FY27. The central bank has made the projections in the bi-annual Monetary Policy report released on Wednesday. The crude oil price assumption has been upped to USD 85 per barrel during FY27, from USD 70 per barrel during H2FY26. It also increased exchange rate projections to 94 against the US dollar during FY27, from 88 a ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India on Wednesday kept the policy repo rate unchanged at 5.25 per cent in the first monetary policy announcement of the financial year 2026-27, citing rising global uncertainties and geopolitical tensions. Announcing the decision, RBI Governor Sanjay Malhotra said that the Monetary Policy Committee (MPC) unanimously voted to maintain the policy repo rate under the liquidity adjustment facility at 5.25 per cent. Also Read | Why I ...Read More >
New Delhi, April 7 (SocialNews.XYZ) India's headline CPI could rise to between 4.5 and 4.8 per cent from a base case of about 4 per cent, and RBI's April policy is likely to keep rate changes on hold in a cautious tone, a report said on Tuesday. The report from Yes Bank said GDP growth is expected to moderate to about 7 per cent with downside risks if the US-Iran war persists. "Growth has remained resilient so far, supported by domestic demand - both private consumption demand and government's ...Read More >
Shares of Senco Gold Ltd rallied sharply on Monday after the jewellery retailer indicated a strong end to the financial year, supported by healthy demand during the peak wedding season. The stock rose over 13% to around Rs 328 in intraday trade, as investors responded positively to the company's March quarter business update. The trigger was the March quarter update, where the jewellery retailer flagged strong traction during the wedding season, a period that typically drives a bulk of annual ...Read More >
Brokerages broadly expect IT companies to deliver a resilient Q4FY26 performance, supported by easing furloughs, steady deal ramp-ups and vendor consolidation. India Inc's Q4 earnings season is set to begin, with the IT sector taking centre stage as Tata Consultancy Services (TCS) kicks off results on April 9. Other majors, including Wipro (April 16), HCL Technologies (April 21) and Tech Mahindra (April 22) will follow, setting the tone for the sector amid global uncertainty and rising AI disru ...Read More >
Nashik: Two major co-operative banks in Nashik have reported strong financial performance for the last financial year, reflecting steady growth in deposits, lending, and overall business. The Nashik Merchants Co-operative (NAMCO) Bank has posted a net profit of ₹43.33 crore, informed Chairman Hemant Dhatrak during a press conference. The bank's total business has reached ₹4,348.42 crore, with deposits increasing by ₹282.06 crore during the year. Dhatrak stated that loan disbursement by the ban ...Read More >
Mumbai: The Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal amid expectations of a status quo on the benchmark lending rate in view of apprehensions of a spike in inflation due to ongoing West Asia crisis. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. Also read: RBI expected to hold rates steady in first ...Read More >
[MUMBAI] The Reserve Bank of India's (RBI) tightening of foreign exchange (FX) rules will help shield the rupee from pressures emanating from offshore markets, but traders may continue drawing pricing signals from those markets, a senior Axis Bank official said. A 4.5 per cent fall in the Indian rupee since the breakout of the Iran war has prompted the central bank to impose a cap on banks' net open FX positions in the onshore markets in late March. The RBI also barred lenders from offering no ...Read More >
Mumbai, Apr 6 (PTI) The Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal amid expectations of a status quo on the benchmark lending rate in view of apprehensions of a spike in inflation due to ongoing West Asia crisis. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. The RBI has cut rates by a total of 125 b ...Read More >
Mumbai, Apr 6 (PTI) The Congress on Monday hit out at the Shiv Sena (UBT) over the latter's accusation that the grand old party was using regional outfits as "crutches", and not treating them as "equal stakeholders" in the Opposition alliance. Maharashtra Congress spokesperson Sachin Sawant criticised the editorial in the Sena (UBT) mouthpiece 'Saamana', alleging that the newspaper's executive editor, MP Sanjay Raut, appears confused on several occasions between his roles as a politician and jo ...Read More >
MUMBAI, April 6 (Reuters) - The Reserve Bank of India's tightening of foreign exchange rules will help shield the rupee from pressures emanating from offshore markets, but traders may continue drawing pricing signals from those markets, a senior Axis Bank official said. A 4.5% fall in the Indian rupee since the breakout of the Iran war prompted the central bank to impose a cap on banks' net open FX positions in the onshore markets in late March. The RBI also barred lenders from offering non-de ...Read More >
NEW DELHI: CII has released a 20-point plan to help shield Indian companies grappling with the impact of the West Asia crisis, including tax and duty rejig for energy inputs, customs waiver for LNG, and long-term capital gains tax exemption for primary market investment to boost foreign capital inflows.Drawing upon the Covid-era toolkit, the industry body has demanded a credit line scheme guaranteed by govt, a three month loan moratorium and a special refinance window for MSMEs and other sectors ...Read More >
New Delhi: The TV industry, which already faces soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising cost of plastics to ocean freight on account of ongoing geopolitical tensions in West Asia. Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices. Moreover, rupee depreciation has pushed up overall production costs, leading to higher television retail prices. Als ...Read More >
Mumbai, Apr 5 (PTI) The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy w ...Read More >
New Delhi: The TV industry, which already faces soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising cost of plastics to ocean freight on account of ongoing geopolitical tensions in West Asia. Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices. Moreover, rupee depreciation has pushed up overall production costs, leading to higher television retail prices. Als ...Read More >
New Delhi, Apr 5 (PTI) Foreign investors continued to exit Indian equities, withdrawing Rs 19,837 crore (USD 2.1 billion) in the first two trading sessions of April, weighed down by the West Asia conflict, rising crude oil prices, and persistent rupee depreciation. This came following a record withdrawal of Rs 1.17 lakh crore (about USD 12.7 billion) from domestic equities in March, making it the worst monthly outflow. Before this, FPIs pumped in Rs 22,615 crore in February, the highest monthly ...Read More >
New Delhi [India], April 5 (ANI): Foreign portfolio investors (FPIs) continued heavy selling in Indian equities this week, with net outflows of Rs 23,801 crore, as global uncertainties and rising crude oil prices weighed on investor sentiment. According to data from National Securities Depository Limited, FPIs had already offloaded equities worth Rs 1,17,775 crore in March, marking the highest level of selling recorded this year. The sustained selling trend has been largely driven by the ongoi ...Read More >
New Delhi: The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research. Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to February 27, 2026. At the ...Read More >
New Delhi, April 3 (SocialNews.XYZ) The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research. Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to ...Read More >
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