The centre has finally released Rs.35,000 crore as state compensation of GST. GST is collected in the form of CGST, IGST and SGST and then the government assigns revenues to the state too. In the last few months, the centre had not transmitted any revenue Read more [...]

A full-fledged trade deal and a stamp of approval from China for the deal is what the markets will be looking for on Monday. A lot of market euphoria has already been built into the indices over the trade truce, which is still uncertain. The early Read more [...]

A week after pointing out an Rs.11,000 crore divergences in the NPA reporting of SBI, the RBI has now pointed to a Rs.2617 crore divergence in Punjab National Bank. Divergence occurs when the NPA reported by the bank for the full year is sharply lower Read more [...]

High inflation and de-growth; India could be staring at stagflation In the last couple of days, we have seen the word “Stagflation” come back to haunt the Indian news headlines. The debate on stagflation has taken off after the inflation for November Read more [...]

What do uniform stamp duties mean for stock markets? During the week, the Ministry of Finance issued a circular announcing uniform stamp duty on all financial market transactions effective 09th January 2020. This had been on the cards for quite some Read more [...]

Trade deal will happen, but implementation remains the key The global markets appeared enthused about the imminent trade deal between the US and China. As of now, Trump has approved the trade deal but China has not yet committed itself to that deal. Read more [...]

News Announcement Impact Analysis The US and China get closer to signing Phase 1 of trade deal While the deal is yet to be finalized, it entails China doubling its imports of agri products from the US In return, the US has put off Read more [...]

With the US and China moving more decisively towards a trade truce, global markets showed signs of celebration. The situation on UK voting will also be much clearer by the end of Friday and that is likely to drive the markets. Indian markets may Read more [...]