Difficult to see a meaningful 20% correction in equities: Gokul Laroia
There’s no question. Even though inflation is high, rates are high, and there’s concern about whether there’s going to be a recession, the market keeps going up. It’s a much more resilient market than it has been in the past.
Global credit market may not pick up until Q3 end: Henrik Raber
Higher rates mean that these transactions are not as profitable to execute, so companies are holding off. That’s probably going to continue well past the summer.
Liquidity absorption toolkit comes to fore as RBI stresses on ‘withdrawal’
While the RBI has preferred Variable Rate Reverse Repo (VRRR) auctions to mop up excess liquidity, its toolkit includes options such as sales of government bonds, an increase in the Cash Reserve Ratio (CRR), the use of the Market Stabilisation Scheme (MSS) and foreign exchange swaps.
LIC to hold roadshows in Hong Kong, UK in June
Life Insurance Corporation (LIC) of India is set to hold international roadshows in Hong Kong and the UK later this month, aimed at raising awareness among global investors about LIC shares following its listing a year ago. The meetings will be spread over five days and involve interactions between the top management of the company […]