There appears to be new complications arising in the case of Jet Airways with Banks now seeking more elaborate forensic audit of the books of Jet Airways. Banks that lent money to Jet Airways have now approached Ernst & Young for a more elaborate Read more [...]

On a day when the markets showed positive undertones, the domestic and global risks continued to weigh on the markets. IT stocks continued to be under pressure as TCS reacted negatively to the weak margin numbers for first quarter. Pharma could Read more [...]

Not this 2019, but now SKYMET projects that even the next couple of years could see weak monsoons. Predicting the vagaries of monsoon has never been an easy task and private sector, SKYMET, has gone ahead and forecast a weak monsoon for the next 2-3 years. Read more [...]

How the CPI and IIP data point towards a likely rate cut by RBI The Ministry of Statistics and Program Implementation (MOSPI) announced the CPI inflation and IIP growth during the week. While the CPI inflation came in slightly above expectations, the Read more [...]

Why the concept of buyback tax is fundamentally flawed When KPR Mills cancelled its proposed buyback last week, it was the first signal that Indian companies and investors were unhappy with the buyback tax imposed in the Budget 2019. Why the buyback Read more [...]

Key investment lessons from India’s ICC World Cup exit While there is a general feeling of gloom at India exiting the ICC World Cup in the Semi-Finals, there is an undoubted sense of irony in the situation. It was supposed to be an Australia versus Read more [...]

News Announcement Impact Analysis Oil supply faced a challenge as 70% of Gulf of Mexico oil facilities shut This shutdown was necessitated by the Tropical Storm Barry that hit the Gulf of Mexico, the oil centre of the US This storm Read more [...]

There was good news on the trade deficit front but exports appear to be in a spot of bother. Trade deficit for June narrowed but exports fell sharply on a year-on-year basis. The trade deficit for June 2019 came in at $15.28 billion compared to $15.8 Read more [...]