In a surprising day of trading, the Sensex closed nearly 200 points higher on a day when the RBI governor had resigned and the BJP had lose 3 of the key assembly seats of MP, Chhattisgarh and Rajasthan. The appointment of Shaktikanta Das as RBI Read more [...]

The assembly polls results may not have been great news for the ruling NDA. The BJP lost Rajasthan and Chhattisgarh by a wide margin and is still fighting to save its rule in Madhya Pradesh. The state of Telangana was a virtual no-contest with the TRS Read more [...]

If the SGX Nifty is any indication, we could see deep cuts. The sudden resignation of Dr. Urjit Patel is unlikely to go well with the markets. At the same time, the Nifty will also be influenced by how the assembly polls pan out. The NDF market Read more [...]

In a surprise move, the RBI Governor, Dr. Urjit Patel, submitted his resignation with immediately effect. Ironically, the decision comes exactly three days before the crucial meeting with the Finance Minister where the larger governance issues were to Read more [...]

Indian markets should worry about the inverted US Yield Curve In the last few months, Indian analysts and economists have spent a lot of time and ink worrying about the likely effects of a full-fledged trade war. Trade war is not even helping the US Read more [...]

OPEC is back to supply controls, but will it be effective The OPEC meeting on December 06th and 07th finally agreed upon the quantum of supply cuts. The total supply cut would be to the tune of 1.20 million bpd. Out of the cut, OPEC would contribute Read more [...]

The RBI is still playing it safe and keeping its options open The monetary policy announced on 05th December was largely along expected lines. A lot has been said about the repo rates but that was held at 6.50% along expected lines. This ensured that Read more [...]

News Announcement Impact Analysis RBI maintains status quo on repo rates at 6.50% in December policy The RBI held rates considering low inflation and growth rates not picking up in the second quarter However, the RBI chose to maintain Read more [...]