Crude oil got dearer as a G-20 truce combined with supply cut talks took the price of oil up. That also resulted in a sharp correction in the INR as it fell 1.26% in a single day and closed beyond the 70/$ mark. The positive PMI manufacturing of Read more [...]

Brent crude was up 3% on Monday as the combination of a US-China truce and likely supply cuts helped prices higher. Oil had fallen from $86/bbl to $58/bbl over the last 2 months after the Iran sanctions were substantially diluted. In the OPEC meeting Read more [...]

Nifty on Friday closed just shy of the 10,900 mark as big expectations were built up ahead of the G-20 Summit. The 90-day truce between the US and China on trade tariffs will be a sentimental boost for the EMs including India. The RBI is expected Read more [...]

The week is likely to be highlighted by the Monetary Policy to be announced on 05th December. The market consensus is that the Monetary Policy Committee may choose to keep rates unchanged. The Fed chief, Jerome Powell, has already hinted at a more dovish Read more [...]

We may be seeing the first signs of boards coming of age Directors resigning from the boards of Indian companies with a diplomatic letter to the board are nothing new. But what happened with the JM ARC board recently marked a major shift in the way independent Read more [...]

India may grow fastest but there are problems underneath While announcing the GDP numbers for Q2, Mr. SC Garg boasted that India would still be the fastest growing economy in the world. While that is true on paper, the claim glosses over a lot of larger Read more [...]

There is certainly disappointment on the growth front When the GDP growth numbers for the second quarter were announced on November 30th, there was certainly a sense of disappointment. At 7.1%, the growth rate was a far cry from the 8.2% growth clocked Read more [...]

News Announcement Impact Analysis India’s Q2 GDP disappoints at 7.1%, sharply lower than Q1 The lower GDP was largely driven by a fall in core sector growth and weak consumption demand Lower GDP growth also is indicative of an Read more [...]