Nirmala Sitharaman has announced that the Finance Ministry would kick start the budget exercise from October 14 itself. With a view to getting more stakeholders involved in the budget process, the finance minister has announced that the budget preparation Read more [...]

The problems for auto company top lines continued for the month of September too. Auto companies failed to step up momentum in September despite the festival season. The festival season demand, government attempts to put more liquidity and the tax cut Read more [...]

The pressure on financial stocks is likely to continue due to asset quality concerns of vulnerable banks and non banking finance companies. Expect Yes Bank and Indiabulls Housing to remain under pressure. Markets are already building in a 25 bps Read more [...]

In a way, India continued with CAD above 2% of GDP. Current Account Deficit (CAD) narrowed to $14.3 billion for June 2019 quarter. The current account deficit at 2% of GDP was a better performance compared to the CAD at 2.3% of GDP in the Jun-18 quarter. Read more [...]