Morgan Stanley

The Reserve Bank of India's (RBI) proposal to discourage banks from capitalising on penal charges and additional interest loan defaults could potentially weigh on lenders' revenues going forward, Morgan Stanley said.

The six biggest banks on Wall Street are failing to live up to a key plank of their ESG commitments to stakeholders, according to a joint study published on Wednesday.

Twitter has begun interest payments on the bank loan that helped finance Elon Musk’s $44 billion takeover of the social media platform last year. According to people familiar with the matter, Twitter has made its first interest payment to banks, paying about $300 million last week.

Elon Musk is reportedly exploring raising $3 billion (roughly Rs. 24,465 crore) in new fundraising to help the billionaire repay a part of the debt he owes from his Twitter buyout deal last year. The Tesla CEO borrowed $13 billion (roughly Rs. 1,06,000 crore) in October from a syndicate of banks including Morgan Stanley and Bank of America.

Morgan Stanley.said the government may provide a "credible path" for fiscal deficit reduction in 2023-24 and reiterate the medium-term roadmap to lower the central government's deficit to 4.5 per cent of GDP.

The report by Morgan Stanley came right after the Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23.

Morgan Stanley said the buyback won't hamper any growth plans as it believes the company will generate excess cash after taking into account the investments required for growing the business.

India's long wait to win inclusion in JPMorgan's influential emerging market local currency debt index was set to be pushed out into next year, Reuters reported earlier this year.

Morgan Stanley expects India's retail inflation to track within the Reserve Bank of India's target band by March 2023.

Bolstered by investments it has made in technology and energy, India is set to surpass Japan and Germany to become the world's third-largest economy by 2027, Morgan Stanley has forecast.

India will become the third-largest economy by 2027, Morgan Stanley has forecast.

India is on track to become the world's third-largest economy and stock market before the end of this decade ending 2030, said global investment bank Morgan Stanley in a report.

Elon Musk is said to have informed co-investors that he plans to close the Twitter takeover deal by Friday, the deadline set by the Delaware Court of Chancery. The move is the clearest sign yet that Musk plans to comply with a Delaware court judge's deadline to complete the transaction by Friday, and Twitter shares jumped on the news and were tradi...

Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore) in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...

The RBI could raise interest rates by 50 basis points at its upcoming policy review, thanks to stubbornly high inflation, Morgan Stanley said.

The Reserve Bank of India's (RBI) proposal to discourage banks from capitalising on penal charges and additional interest loan defaults could potentially weigh on lenders' revenues going forward, Morgan Stanley said.

The six biggest banks on Wall Street are failing to live up to a key plank of their ESG commitments to stakeholders, according to a joint study published on Wednesday.

Twitter has begun interest payments on the bank loan that helped finance Elon Musk’s $44 billion takeover of the social media platform last year. According to people familiar with the matter, Twitter has made its first interest payment to banks, paying about $300 million last week.

Elon Musk is reportedly exploring raising $3 billion (roughly Rs. 24,465 crore) in new fundraising to help the billionaire repay a part of the debt he owes from his Twitter buyout deal last year. The Tesla CEO borrowed $13 billion (roughly Rs. 1,06,000 crore) in October from a syndicate of banks including Morgan Stanley and Bank of America.

Morgan Stanley.said the government may provide a "credible path" for fiscal deficit reduction in 2023-24 and reiterate the medium-term roadmap to lower the central government's deficit to 4.5 per cent of GDP.

The report by Morgan Stanley came right after the Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23.

Morgan Stanley said the buyback won't hamper any growth plans as it believes the company will generate excess cash after taking into account the investments required for growing the business.

India's long wait to win inclusion in JPMorgan's influential emerging market local currency debt index was set to be pushed out into next year, Reuters reported earlier this year.

Morgan Stanley expects India's retail inflation to track within the Reserve Bank of India's target band by March 2023.

Bolstered by investments it has made in technology and energy, India is set to surpass Japan and Germany to become the world's third-largest economy by 2027, Morgan Stanley has forecast.

India will become the third-largest economy by 2027, Morgan Stanley has forecast.

India is on track to become the world's third-largest economy and stock market before the end of this decade ending 2030, said global investment bank Morgan Stanley in a report.

Elon Musk is said to have informed co-investors that he plans to close the Twitter takeover deal by Friday, the deadline set by the Delaware Court of Chancery. The move is the clearest sign yet that Musk plans to comply with a Delaware court judge's deadline to complete the transaction by Friday, and Twitter shares jumped on the news and were tradi...

Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore) in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...

The RBI could raise interest rates by 50 basis points at its upcoming policy review, thanks to stubbornly high inflation, Morgan Stanley said.