US FED POLICY
US body, COAI, others, question Trai's attempt to regulate cloud service providers
In its response to the Trai consultation paper on cloud services, the US India Business Council (USIBC) said there’s more than sufficient regulation of cloud services in the industry and Indian CSPs should not be subject to new regulation. COAI, an industry body that represents private telcos, too questioned Trai’s authority to regulate CSPs.
View: Rupee to trade in 71.20-71.80 range
Momentum in the rupee is expected to remain slightly negative.
View: The case for QE in India is getting stronger
The growth rate of India’s broadest measure of money supply has collapsed to single-digit ...
Rupee rebounds 24 paise as RBI maintains accommodative stance
The rupee's rise was also supported by weaker dollar against key global currencies.
Not even a blockbuster jobs report is likely to shake things up for US
Another strong labor market report in this week's crop of economic data could be one, though Athey thinks for the time being at least, yields are pretty contained.
Here's what debt fund managers say about the RBI rate pause
The RBI on Thursday surprised the money market by keeping the repo rate unchanged. The market participants were expecting a 15-25 basis points cut in the key policy rates.
Expect rate cuts to continue once inflation comes down: PK Gupta, SBI
The banks have done most of the transmission and the remaining will happen in the coming months.
Wall Street Week Ahead: Tariff deadline keeps focus on trade as 2019 draws to close
Wall Street could see more volatility when the next tranche of US tariffs take effect.
Age ain't just a number: Instagram wants its users to verify if they're 13 & above or not
Instagram said the age information would not be visible to others.
Cutting rates by 25 bps won’t help economy; govt has to spend: Mythili Bhusnurmath
Given that anyway fiscal deficit target will be breached, why not do it for something that might get the economy kick started?
Fed cuts rates, but signals pause in easing cycle; key takeaways
“We believe monetary policy is in a good place,” Powell told a news conference.
Rupee on slippery slope for a year at least: Poll
Most emerging markets currencies have depreciated against the US dollar.
Rupee opens 5 paise up at 71.49 against dollar
The local currency on Wednesday settled 13 paise up at 71.53 against the greenback.
Fed likely to defy history with rates steady through elections
Fed has changed policy in one direction or another in each of the last 10 presidential polling years.
FII flows, Fed minutes, Aramco IPO among key factors that will guide D-Street this week
Initial public offer for Saudi Aramco opens for subscription on Nov 17 for institutional investors.
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