During the last week, the rupee rapidly weakened against the dollar and went as low as 70.56/$. While oil prices were one of the reasons for the rupee slide, there was another more immediate reason for this rupee fall. It was the dollar swap auctions Read more [...]

Even as the trade war continues, there is positive traction coming from US capital goods orders as they hit record highs raising growth turnaround hopes. New orders for capital goods put out by the US government had touched an 8-month high giving an indication Read more [...]

From the beginning, the Reserve Bank had not been too pleased about the special status on disclosure accorded to IL&FS. Now the RBI has demanded mandatory disclosure of overall bank exposure to IL&FS group and has instructed all banks and financial Read more [...]

The Iranian oil embargo continued to weigh on Indian markets as crude is now standing above the $74.30/bbl mark. This has put pressure on most of the OMCs on fears that subsidy may be shared with the OMCs. With the prospects of Jet recovery becoming Read more [...]

There appear to be some positive cues on the global growth front. After China, the US may also give a positive GDP surprise in the first quarter. It may be recollected that China had reported first-quarter GDP growth of 6.4% as against street expectations Read more [...]

The Indian electorate in key states goes in for Phase III of Lok Sabha elections on 23rd April. A total of 115 seats across crucial states like Gujarat, Maharashtra, Karnataka and Jammu & Kashmir will go to polls on 23rd April. By the end of the 3rd Read more [...]

Over the weekend the positive results of RIL and HDFC Bank are likely to keep the sentiments of the market buoyant on Monday. Markets may see bouts of volatility being the monthly expiry week for futures & options contracts. The Jet Airways Read more [...]

Sunday opened to one of the worst terror strikes in recent memory as terror returned to Asia, and this time it was Sri Lanka. A series of bomb blasts ripped Sri Lanka on the morning of Easter celebrations across luxury hotels and churches. As per the Read more [...]