Highest level of unemployment ever seen in history

Posted on May 6, 2020 by Achiievers

Banks have been scouting for a buyer for the Future group after Kishor Biyani had defaulted on his loans to the banks. Biyani is the founder of the Future Group with its interests spread across different classes of retail. In the last few years, the Read more [...]

ICRA has painted a very sombre picture of the Indian economy

Posted on May 5, 2020 by Achiievers

Airline stocks in the US and across the world took a big hit on Monday after it became evident that Warren Buffett had entirely exited his stake in US airline companies. In fact, Berkshire Hathaway had a 10% stake in four large US airlines; Delta, UAL, Read more [...]

The RBI cancelled the license of CKP Bank

Posted on May 4, 2020 by Achiievers

The RBI cancelled the license of CKP Bank with immediate effect over stability concerns. The RBI had first put restrictions on the back way back in 2014. Being a cooperative bank, the Registrar of Cooperative Societies has already been asked to initiate Read more [...]

Triggers weekly (May 04 to May 09) – Preparing for next week

Posted on May 3, 2020 by Achiievers

Trigger for the Week How will it impact? Ø Global COVID-19 numbers continue to soar relentlessly Ø The afflictions have crossed 3.5 million, casualties at 2.5 lakhs so recovery could be slow and grinding Ø Read more [...]

April Rally

Posted on May 2, 2020 by Achiievers

Stock markets will have a real challenge sustaining the rally in May The Nifty has rallied nearly 15% in the month of April alone. In fact, if you look at the Nifty from the lows of 23rd March, then the returns on the Nifty are close to 27%. What exactly Read more [...]

It is time for mutual funds to take a relook at Credit Risk Funds

Posted on May 2, 2020 by Achiievers

The troubles for credit risk funds began soon after the IL&FS fiasco. It actually got exacerbated by cases like Essel, DHFL, ADAG, Jet and Yes Bank. The real last straw was when Templeton opted to wind down six of its funds due to the pressure of Read more [...]

NIFTY COULD FACE SHUTDOWN PRESSURE

Posted on March 23, 2020 by Achiievers

With Dow closing weak on Friday and a virtual shutdown in most of the large cities including Mumbai, it will be a tough challenge for traders to be able to transact. The domestic institutions may support the markets to prevent systemic risk. The Read more [...]

India has laid out a massive $6.3 billion

Posted on March 23, 2020 by Achiievers

Indian establishments are planning a total shutdown as the death toll touched 7 in India with the global death toll crossing the 13,000 mark. With the pandemic under control in China, it is Italy, Spain and France that are actually leading the death toll Read more [...]

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