Trade deficit dip due to contraction in non-oil imports: Nomura

Last Updated: Friday, July 12, 2013, 20:36

Earlier in the day, the government released trade data for June showing a dip in trade deficit to USD 12.2 billion against USD 20.1 billion in May, which was a 7-month high.

Food law's fiscal, inflationary effects to be "large": Nomura

Last Updated: Thursday, July 4, 2013, 18:01

The overall fiscal and inflationary consequences of the Food Security Bill for the country are "large" and will become clear from the next fiscal year, a report by Nomura Holdings said.

Muted MSP hike positive for food inflation: Nomura

Last Updated: Sunday, June 30, 2013, 14:26

Currently, farmers are sowing kharif crops. The announcement of MSP will help farmers decide which crop to sow for better returns.

Despite touching 60, rupee still 17.6% overvalued: Nomura

Last Updated: Thursday, June 27, 2013, 21:48

Though the rupee has dropped sharply over the last few weeks and breached the level of 60 to the dollar, brokerage firm Nomura believes the Indian unit is still overvalued by a whopping 17.6 percent.

Coal cost pass-through positive for IPPs: Nomura

Last Updated: Monday, June 24, 2013, 20:47

The Cabinet Committee on Economic Affairs (CCEA) had last week approved a new coal supply mechanism to power producers wherein the entire additional cost of imports would be passed on to the consumers.

Bank warns 121,500 South Africa platinum jobs at risk

Last Updated: Tuesday, June 18, 2013, 21:21

South Africa is home to more than three quarters of the world's known platinum reserves.

Nomura pegs May trade gap at $21 billion

Last Updated: Monday, June 10, 2013, 22:22

It said imports of chemical and fertilisers usually go up in May and fall in gold prices has led to an increase in the volume of imports to 162 tonne in the month.

CAD to worsen in Q2 after improving in Jan-Mar qtr: Nomura

Last Updated: Thursday, May 23, 2013, 17:12

CAD represents the difference between inflows and outflows of foreign currency.

'2013 CAD to be 4.3% if fall in commodity prices sustained'

Last Updated: Thursday, April 25, 2013, 18:08

The fall in global commodity prices, if sustained, is likely to lead to a "positive terms of trade shock", improving the current account deficit to 4.3 percent in 2013, from the earlier projection of 5.3 percent, according to a Nomura report.

Fall in gold, oil prices will help narrow CAD to 4.3%: Nomura

Last Updated: Monday, April 22, 2013, 14:18

Japanese brokerage firm Nomura Monday said the recent fall in gold and oil prices can help improve India's elevated current account deficit (CAD) by one percentage point to 4.3 percent during 2013.

A rate cut by RBI in May is likely, but not a done deal: Nomura

Last Updated: Tuesday, April 16, 2013, 13:12

There is an 80 percent probability that the Reserve Bank will cut repo rate by 0.25 percent in its monetary policy review on May 3, but it is "not a done deal", leading global brokerage firm Nomura said in a research note on Tuesday.