Midnight News Update – Aug 09th 2017   With its latest Gold Bond Scheme, the RBI has already collected close to Rs.6030 crore. In the latest issue of the Gold Bonds Scheme, the government has increased the annual investment limit in gold Read more [...]

Weekly Capsule (Jul 31 – Aug 04) and Impact Analysis Major News Item Impact Analysis     Ø  RBI in its monetary policy cut repo rates by 25 basis points Ø  The 25 bps rate cut was already priced in and hence did not Read more [...]

 Midnight News Update – Aug 07th 2017   Globally acclaimed investor, Mark Mobius, expects the Nifty to double over the next 3 years due to extremely supportive macros and very attractive valuations. Mobius believes that the combination of Read more [...]

Monetary Policy Yes to rate cut, but monetary stance remains the same… The monetary policy announced by the RBI on 04th August was largely along expected lines. The repo rate was cut by 25 basis points bringing it down to a level of 6%. The 25 basis Read more [...]

 Midnight News Update – Aug 02nd 2017   India’s PMI-Manufacturing came in sharply lower at 47.9 for July 207 as compared to 50.9 in June. The sharp deceleration in manufacturing was a result of manufacturers focusing more on disposing Read more [...]