Here’s your quick read to start the day: a chatty, no-fuss look at overnight moves, the big story, what’s on the docket, and the tickers you need to watch.
Richard Fargose
US Federal Reserve
An end-of-day recap of all that transpired in the Indian markets, highlighting the major price movements and the factors driving them
Dehuti Jani
iStocks/AlexLMX
IMF’s new tag on India’s exchange-rate regime raises fresh questions on RBI’s FX strategy as the rupee hits new lows, says veteran trader Venkat Thiagarajan.
Rajesh Mahapatra
iStock.com
FX auctions helped Latin markets steady volatility. With sharper offshore swings hitting the rupee, India may benefit from adding them to its defence toolkit.
Babuji K
Amey Bane/iStockphoto.com
With the rupee trading like a caged bird and IMF reclassification looming, India faces a reckoning on what its exchange rate regime really is.
V Thiagarajan
White House
An end-of-day recap of all that transpired in the Indian markets, highlighting the major price movements and the factors driving them.
Via WikiCommons
When a teacher becomes a lender, students face debt before opportunity, and that could be a problem that ultimately damages brand equity and long-term credibility.
Krishnadevan V
Linkedin
Reimagined and repurposed as a sophisticated tool rather than supplementary device and an emergency rescue capital, warrants are now empowering India’s growing banks to channel global capital.
Chandrika Soyantar
Global appetite for US Treasuries is fading fast, with major emerging markets cutting their holdings. A deeper structural retreat from the dollar is taking shape as emerging markets brace for risk of sanctions.
Yield Scribe
Douglas Rissing/iStock.com
A film about migrant workers becomes a mirror for our privilege, reflecting the gaps in our economy, our ambitions, and our national story. It is time to hold the gaze.
Phynix
Federal Reserve
Michael Patra is an economist and former RBI Deputy Governor.
Arun is a seasoned writer on economic and policy matters.
Abheek is an Independent Economist and the Former Chief Economist at HDFC Bank.
Ajay Srivastava is the founder of the Global Trade Research Initiative.
Vijay, trade expert & ex-IRS officer, works with Deloitte India and Ashoka University’s ICPP.
Dhananjay, a D-School alum, is CEO and Co-Head of Equities at Systematix Group.
Kriti is a psychologist specialising in mental health, org behaviour, and brand strategy
Srinath is an author, corporate advisor, and independent director on corporate boards.
Ex-civil servant Chavaly held key Railways, Finance roles; specialises in infra & PPPs
Nilanjan Banik, Professor at Mahindra University, specialises in trade and development economics.
Sachin was till recently an MD with Standard Chartered Bank.
Rajesh Mahapatra is the former Editor of The Press Trust of India
Krishnadevan is Consulting Editor at BasisPoint Insight.
Chandra advises companies on big-picture narratives on strategy and markets.
Kalyan Ram co-founded Cogencis. He now leads BasisPoint Insight.
Gurumurthy is an ex-central banker who handled markets, and later, financial stability for RBI.
Lt Gen Syed Ata Hasnain is a former Commander of India’s Kashmir Corps.