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 [...]

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 [...]