Scrapping of Section 370 had been on the agenda for a long time but it finally gained fruition on Monday after the Upper House passed the bill for reorganization of Jammu and Kashmir. In a swift move, the government scrapped Article 370 and Article 35A Read more [...]

Markets are likely to be under pressure due to the Kashmir faceoff and any bounce during the day should be only used to sell into this market. The undertone has become weak due to sharp political shifts. The sharp fall in oil prices should be positive Read more [...]

Brent spent another volatile week as it grappled between the twin forces of a global trade war and rising tensions in the Middle East. Brent crude closes higher on Friday at $61.89/bbl but ends with weekly losses. Despite the dead cat bounce in oil prices Read more [...]

News Announcement Impact Analysis Trump announces fresh 10% tariffs on Chinese imports worth $300 billion Trump announced a fresh set of tariffs as China was allegedly moving too slow on the trade deal As a result of the announcement, Read more [...]

With Union Budget 2019 announced, there were quite a number of issues that became the bone of contention. Four issues really stood out in the budget. Firstly, the government planned an issue of sovereign bonds. Secondly, the buyback tax was introduced. Read more [...]

During the previous week, the big news on the business circuits was that the beleaguered Zee group had reportedly managed to find a buyer for the promoter stake in Zee Entertainment. However, the markets were not really enthused by the deal and if the Read more [...]

On the 31st July when the Federal Open Markets Committee (FOMC) concluded its meeting, it took a call to cut the Fed funds rate by 25 basis points. This effectively took the benchmark rate from a range of 2.25-2.50% to a new range of 2.00-2.25%. What Read more [...]

Global markets crashed after Donald Trump threatened more tariffs to the tune of 10% on goods worth $300 billion imported from China. Trump blamed the slow progress made by the Chinese government on entering into a trade deal to resolve the issue. Meanwhile, Read more [...]