Wednesday, 24 September 2014

CONFERENCES


CONFERENCES
* FOOD R&D: Food Research & Development seminar, Mumbai.
* SKILLS CONVENTION: Minister of Urban Development, Housing and Urban Poverty Alleviation Naidu, Minister of State for Rural Development Kushwaha, Ministry of Rural Development's Secretary Goyal and Microsoft India's Managing Director Bajwa to be present at CII's National Convention on Skills for the Rural and Urban Poor. 1400 IST, New Delhi.

RBI COUNTER
* BUYBACK: Government to buy back total 80 bln rupees worth of 7.32%, 2014 bond, the 7.56%, 2104 bond, the 6.49%, 2015, the 7.17%, 2015 bond and the 7.38%, 2015 bond.
* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 030 IST, and reverse repo between 1900 IST and 1930 IST.

DATA ALERT
> US JOBLESS CLAIMS week to Sep 20. 1800 IST. Seen 296,000 vs prev 280,000.
> US FLASH SERVICES PMI for Sep. 1345
> US BLOOMBERG CONSUMER COMFORT INDEX. 1915 IST
> US DJ-BTMU BUSINESS BAROMETER for week to Sep 13. 1930 IST
> US EIA NATURAL GAS STOCKS in week to Sep 19. 2000 IST

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Tuesday, 23 September 2014

RBI to hold auctions of 70 bln rupees of 91-day T-bills


RBI COUNTER 
* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and reverse repo between 1900 IST and 1930 IST.
* T-BILL AUCTIONS: RBI to hold auctions of 70 bln rupees of 91-day T-bills, and 50 bln rupees of 182-day T-bills.
  + 91-DAY: Yield seen at 8.60%% vs 8.60-8.64% a week ago.
  + 182-DAY: Yield seen at 8.65-8.70% vs 8.62-8.67% a fortnight ago.

DATA ALERT
> Italy Consumer Confidence Index for Sep. 1330 IST. Seen 101.5 vs 101.9 Aug
> Germany Ifo Business Climate Index for Sep. 1330 IST
> US MBA Mortgage Applications Survey for week ended Sep 19. 1630 IST
> US New home Sales in Aug. 1930 IST. Seen 426,000 vs 412,000 in Jul.
> US EIA fuel stocks in week to Sep 19. 2000 IST

GOVT BEAT
* Textile Minister Gangwar to chair state textile ministers meeting. 1000 IST, New Delhi.
* Sports & Youth Affairs Minister Sonowal to address a press conference. 1500 IST, New Delhi.
* Health & Family Welfare Minister Vardhan to release India Infrastructure Report 2013-14: The Road to Universal Coverage. 1400 IST, New Delhi.

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Monday, 22 September 2014

MSME conference


GOVT BEAT
* MSME Minister Mishra to address a press conference on achievements of the ministry. 1500 IST, New Delhi.

RBI COUNTER
* TERM REPO TENDER: One set of 14-day variable rate term repo for 155 bln rupees. Bids for term repo tender may be submitted between 1100 and 1130 IST.
* STATE DEVELOPMENT LOAN AUCTION: RBI to hold auction of 83.00 bln rupees worth of bonds issued by 11 states--Andhra Pradesh, Gujarat, Haryana, Maharashtra, Madhya Pradesh, Mizoram, Puducherry, Punjab, Rajasthan, TamilNadu, West Bengal.

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Sunday, 21 September 2014

Valuation and Reserve Price of Spectrum

GOVT BEAT
* Commerce Secretary Kher to be present at EEPC India's event. 1430 IST, New Delhi.
* Food Processing Industries Minister Badal to address conference. 1500 IST, New Delhi. 
CONFERENCES
* TRAI MEET: Telecom Regulatory Authority of India to hold open house discussion on 'Valuation and Reserve Price of Spectrum: Licences expiring in 2015-16'. 1000 IST, New Delhi.
RBI COUNTER
* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and reverse repo between 1900 IST and 1930 IST.

Thursday, 18 September 2014

Real Estate Bill


INDICATORS (previous session)
* NSE provisional net buy/(sale) in bln rupees, Sep 18: FII (0.09), DII 0.84
* Institutional net buy/(sale) in bln rupees, Sep 17: FIIs 1.78, MF 3.33
* FII NSE futures net buy/(sale) in bln rupee, Sep 18: index 6.45, shr 0.81
* Sensex 27112.21, up 480.92 points; Nifty 8114.75, up 139.25 points
* Crude: $91.98/bbl; Rupee: 60.84/$1; Gold: $1,226.9/ounce; 10-yr yld: 8.4534%.

GOVT BEAT
* Housing and Urban Poverty Alleviation Minister Naidu to chair multi-stakeholder consultations on Real Estate Bill. 0930 IST, New Delhi. * Agriculture Minister Singh to brief media about initiatives and achievements of the ministry. 1500 IST, New Delhi.

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Wednesday, 17 September 2014

Chinese President Xi to meet Prime Minister Modi


INDIA-CHINA TIES
* Chinese President Xi to meet Prime Minister Modi. Media briefing to be held following signing of agreements between the two countries. 1100 IST, New Delhi.

CONFERENCES
* TOURISM: Maruti Suzuki Chairman Bhargava to speak at ASSOCHAM's 'International Meet on Buddhist Tourism'. 1000 IST, New Delhi.
* TELECOM CONVERGENCE: Bharti Enterprise Ltd's Managing Director Kohli to speak at Telecom Convergence Summit. 1000 IST, New Delhi.
* CII INTERACTION: US Department of Commerce's SelectUSA Executive Director Thummalapally to speak at an interaction by CII. 1545 IST, New Delhi.

RBI COUNTER
* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and for reverse repo between 1900 IST and 1930 IST.

Tuesday, 16 September 2014

Reverse Repo


RBI COUNTER
* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and for reverse repo between 1900 IST and 1930 IST.

* T-BILL AUCTIONS: RBI to hold auctions of 70 bln rupees of 91-day T-bills, and 50 bln rupees of 364-day T-bills.
  + 91-DAY: Yield seen at 8.60-8.64% vs 8.60% a week ago.

  + 364-DAY: Yield seen at 8.63-8.68% vs 8.66% a fortnight ago.