In the light of the IL&FS and the DHFL fiasco, SEBI has gone ahead and tightened the credit rating norms applicable in India. SEBI has prescribed enhanced disclosure norms for rating agencies after a slew of downgrades, especially in the NBFC sector. Read more [...]

In the midst of all the GDP disappointments, there has been some positive news on the Index of Industrial Production. The IIP growth for April 2019 comes in relatively healthier at 3.4%, which was a relief after the negative IIP growth seen in the month Read more [...]

The Indian government came out and lashed out at the former Chief Economic Advisor, Arvind Subramanian, who had opined that India’s actual growth in GDP in the last few years could have been closer to 4.5% rather than the stated 7%. However, the Indian Read more [...]

Bad monsoons may result in poor sugar output in the state of Maharashtra but it may be good for the price. In fact, the State Government expects Maharashtra sugar output to fall 39.2% in the current season to 6.5 million tonnes due to delayed rainfall. Read more [...]

Markets enter a tentative week with the NBFC crisis still looming. This week we could see bigger write offs from DHFL lenders. This could keep the Nifty and the Sensex under pressure with selling at higher levels. Crude oil has tapered but there Read more [...]

There could be some hope on the trade war front as Trump hints at easing up on Huawei if China agreed for further trade talks. Huawei is on the US blacklist which prevents US companies from doing business with Huawei. This was done as a pressure tactic Read more [...]

Debt funds could become the next big crisis if ignored now For a long time, debt funds were treated as the gold standard in mutual fund investing. Limited risk and assured returns made them a natural choice. In the last few months, IL&FS and DHFL Read more [...]

Why specialty chemicals could be the next big stock market story Between 2014 and 2019 a rather small company called Aarti Industries zoomed by 1700% from a price of Rs.95 to Rs.1720. The unique feature about Aarti Industries was that it derived 78% Read more [...]