Over the weekend there has been a lot of optimism and enthusiasm built round the meeting between the PM and the finance minister. With ANZ Bank now reducing India’s full year GDP growth target to just 6.2%, the problem is almost real. Here is what is Read more [...]

The Nifty and the Sensex did not get a chance to react to the sharp 800 points in the Dow on Wednesday as the markets were shut on Thursday. That impact has been showing in early trades and a lot would depend on Asian cues. The risks of a global Read more [...]

The news is not too encouraging for the rupee in August. Indian Rupee ended up as the worst performer in Asia in month of August. Escalating trade tensions and a weak Yuan took its toll on the Indian rupee as it slumped nearly 3.50% in the first half Read more [...]

Inflation eased in July 2019 but only just about. CPI Inflation fell marginally to 3.15% for the month of July 2019 and this came about after a series of inflation spikes in the last five months. The fall in inflation was actually triggered by food inflation Read more [...]

The chances of Jet Airways finding a buyer to bail the company out, now looks increasingly remote as more potential bidders have now backed out. The sale of Jet Airways now looks increasingly difficult as key potential bidders have been backing out one Read more [...]

With crude prices firmly below the $60/bbl mark, the Brent crude took support around the $56/bbl on anticipation of OPEC action. Oil prices in the Brent market held in positive territory on Thursday after a sharp 4% crack on Wednesday on global slowdown Read more [...]

Markets bounced back sharply on hopes that the government may scrap the FPI tax either totally or as an exception. There were also expectations of the LTCG being modified considering weak revenue generation. While the enthusiasm in the markets Read more [...]