The RBI in its last credit policy for the fiscal year 2019-20 maintained status quo on the repo rates at 5.15%. This retains the reverse repo rate at 4.90% and the bank rate at 5.40%. This status quo on rates was largely along expected lines after the Read more [...]

The 900 point rally in the Sensex on Tuesday was followed by another 350 points rally on Wednesday wiping out most of the losses of the post budget correction. The easing of the Coronavirus tensions also helped matters. With a likely end to the Read more [...]

The benchmark US stock market index, S&P500 closed at a record high as did the NASDAQ. The record performance of the US markets came on the back of solid macro data coming from the US. In addition, the news of an antidote to the Coronavirus also helped Read more [...]

The markets bounced on Monday on the back of a rally in consumption stocks. The tax tweaks were expected to encourage consumption at the cost of savings and that is likely to boost the demand for goods and services. Chinese markets cracked on Monday Read more [...]

Even as the WHO has declared the Chinese Corona Virus as a health emergency, the toll continues to mount. According to last reports, the death toll has already crossed 450 with more than 20,000 officially infected with the virus. The spread of the virus Read more [...]

What Budget 2020 means for your personal taxation One of the big announcements of the Union Budget 2020 was the introduction of the dual tax regime. Investors will have the leeway to select the tax regime that suits them best. Here are some of the major Read more [...]

How various sectors will be impacted by Budget 2020? Every budget has its own winners and losers in terms of stocks and sectors. Without getting into the nuances of the individual stocks, here are some sectors that are likely to be impacted Impact on Read more [...]

What Budget 2020 means for equity and mutual fund investments? It was a budget with high expectations and set against the backdrop of a tight monetary situation. The government had fallen short of its direct and indirect tax targets by nearly Rs.2 trillion Read more [...]