June 14, 2020

Education’s Big Leap

On April 4, Professor Anil V. Vaidya, Head, Information Management, Bharatiya Vidya Bhavan’s SP Jain Institute of Management Research, Mumbai, delivered an entire machine learning session online. “Students were sent reading material, including short videos, and during the online class, we could actually get down to modelling the entire data set already

  • Faculty Name Dr. Anil Vaidya
  • Featured In Business Today
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June 13, 2020

India’s forex reserves cross half-a-trillion-dollar mark for the first time

India’s forex reserves have crossed the half-a-trillion-dollar mark for the first time with the Reserve Bank of India (RBI) having bought more than $30 billion between mid-March and the first week of June. The country’s forex reserves stood at a record high of $501.70 billion as on June 5, an increase of $8.22 billion over the week before.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Financial Express
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June 13, 2020

India’s forex reserves cross half-a-trillion-dollar mark for the first time

Experts observe that had the central bank not accumulated dollars, the rupee would have strengthened significantly. Ananth Narayan, professor-finance at SPJIMR, said that India’s current account will likely be in surplus this quarter, as a collapse in consumption through the lockdown has hit imports more than exports.

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  • Featured In Financial Express
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June 12, 2020

Indianomics: RBI mulls capping tenure of bank CEOs

However, is the capping of tenure a good idea? For every Yes Bank, there could be an HDFC Bank or a Kotak Mahindra Bank where the long tenure of CEOs has helped the banks thrive. So, how should this proposal be taken forward? Should it become the norm at all or should it be tweaked in some fashion?

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  • Featured In CNBC TV18.
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June 1, 2020

Moody’s downgrades India’s ratings to Baa3, maintains negative outlook

Moody’s Investors Service (“Moody’s”) today downgraded India’s foreign-currency and local-currency long-term issuer ratings to Baa3 from Baa2. It also downgraded India’s local-currency senior unsecured rating to Baa3 from Baa2 and its short-term local-currency rating to P-3 from P-2. The outlook remains negative, Moody’s said in its release.

  • Faculty Name Prof. Ananth Narayan
  • Featured In CNBC TV18.
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May 29, 2020

FPIs sell over $2.6 billion of Indian bonds in May

Ananth Narayan, professor-finance at SPJIMR, said developed market safe havens have appealed more, with their central banks and governments strongly supporting all asset classes.

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May 26, 2020

FPIs sell over $2.6 billion of Indian bonds in May

FPIs have sold over $14 billion worth of Indian bonds on a net basis since the beginning of 2020. Even as risk aversion continues among foreign portfolio investors (FPIs) and uncertainty persists around the growth and fiscal slippage numbers of Indian economy, foreign investors continue to dump Indian bonds having sold over $2.6 billion worth of debt in May itself. FPIs have sold over $14 billion worth of Indian bonds on a net basis since the beginning of 2020.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Financial Express
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May 26, 2020

Companies look within for new woman leaders

A firm recently decided to recruit a woman as the HR head. However, despite running the best possible search, it failed to find the right candidate. Organisations accept that there’s only a limited pool of women ready to take on leadership roles. And that the only way to get more women leaders is by developing talent internally. Long tenured learning and development interventions are being launched by organisations to help women break the glass ceiling.

  • Faculty Name Dr. Ashita Aggarwal
  • Featured In Times of India
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May 23, 2020

Bond market shrugs-off 40 repo rate cut by RBI”

The bond market shrugged off the surprise 40 basis points repo rate cut by the Reserve Bank of India (RBI) on Friday with the benchmark yield closing just 3 basis points down at 5.75%. Dealers say that lack of any much-anticipated measures by RBI to absorb excess supply of bonds via OMOs and exercise of green-shoe option by the government to raise more funds during the auction led to some amount of disappointment.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Financial Express
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May 23, 2020

Covid fallout: RBI sees GDP contract, cuts repo rate by 40 basis points to 4%

Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said the economy would likely contract in the first half of 2020-21 and moved to cut the repo and reverse repo rates by 40 basis points each to 4% and 3.35% respectively.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Financial Express
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May 17, 2020

Reserve Bank makes $21-billion cut to US treasury holdings in March

The Reserve Bank of India (RBI) reduced its US treasury holdings by $21 billion in March, even as it is silently buying a huge amount of bonds from the secondary market.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Business Standard
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May 15, 2020

Supply Chain Management: A New Age Awaits

Manufacturing Today, organized a webinar on the topic of Supply Chain Management: A New Age Awaits! The webinar touched upon the latest disruptions in the supply chain management and how the industry is dealing with it.

  • Faculty Name Prof. R Jayaraman
  • Featured In Manufacturing Today
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May 12, 2020

Shared sense of loss helps staff accept paycuts during crisis

Like most employees in corporate India, Deepak Pandit was eagerly awaiting his appraisal in March. Pandit, 31, who works with an MNC in the infrastructure sector, had been told he’d get a promotion and an increment.

  • Faculty Name Dr. Keith D'Souza
  • Featured In Mint
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May 12, 2020

FY21 borrowing target raised by a massive 54%

Bonds sold off on Monday with the benchmark yield spiking a sharp 20 basis points to 6.17% after the government on Friday said it would tap the markets for an additional Rs 4.2 lakh crore this fiscal.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Financial Express
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May 11, 2020

Bankers revive the idea of a bad bank; here’s what experts have to say

Top bankers are trying to figure out if they can have a bad bank to which they can hive off assets that have already provided for and create an asset reconstruction company that buys those assets and an asset management company which can sell those assets.

  • Faculty Name Prof. Ananth Narayan
  • Featured In CNBC TV 18
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May 11, 2020

Borrowing target jumps Rs 4 lakh cr

The Centre on Friday jacked up its borrowing target for the fiscal by Rs 4.2 lakh crore to Rs 12 lakh crore, setting the stage for a large fiscal slippage, with revenue calculations going awry because of the lockdown.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Telegraph
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May 11, 2020

Stealth’ RBI Support May Turn to Large Scale India Bond Buy

India’s central bank may abandon years of austerity to vacuum up government debt directly after Prime Minister Narendra Modi’s administration raised its borrowing target to $159 billion, according to market participants.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Bloomberg Quint
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May 10, 2020

What The Government’s Increased Borrowing Tells Us About Its Finances

The government’s decision to increase its planned borrowings for 2020-21 by a steep 54 percent to Rs 12 lakh crore shows that the headline fiscal deficit for the year could be at least 2 percentage points wider than budgeted, according to economists.

  • Faculty Name Prof. Ananth Narayan
  • Featured In Bloomberg Quint
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May 6, 2020

How celebrities are collaborating with brands while staying home

Over the last few weeks, Indian badminton star PV Sindhu has been shooting short videos and re-sharing content for

  • Faculty Name Dr. Ashita Aggarwal
  • Featured In ET Brand Equity
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May 6, 2020

Government may pledge PSU shares  to raise funds

With the Centre lacking resources to provide a large fiscal stimulus to the virus-battered economy, experts recommended pledging of shares of state-run companies with

  • Faculty Name Prof. Ananth Narayan
  • Featured In Mint
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