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 [...]

Should investors roll over FMPs or just redeem it at a discount? Fixed maturity plans (FMPs) came under a cloud in the last few weeks after leading AMCs admitted to their inability to honor their FMP commitments. The reason was a huge exposure to the Read more [...]

Should RBI cut rates further; MPC minutes show a clear divide The minutes of the Monetary Policy Committee (MPC) published during the week give a clear idea about the discussions within the MPC before the rate cut decision was taken. The MPC minutes Read more [...]

It is definitely the beginning of the end for Jet Airways Just around midnight on the 16th of April Jet announced a temporary suspension of all its flights. That was a euphemism for a shutdown in operations due to paucity of funds with the airline.  Read more [...]

Even as Germany downgraded its growth to 0.5%, China reported the growth of 6.4% in the first quarter, slightly higher than the market consensus. Also, China has reported robust growth in exports, although imports were lower. The statement of RBI Read more [...]

The FMP problem appears to have acquired a new dimension after HDFC AMC has offered two choices to its Fixed Maturity Plan (FMP) investors. HDFC MF investors can either consent in writing to roll over the FMP or they can choose to take back the truncated Read more [...]

With IMD giving a forecast of a normal monsoon in this year, the markets bounced to higher levels. The globally positive sentiments on the trade deal front and a pick-up in growth in the Euro Zone also helped. The higher WPI inflation at 3.28% Read more [...]