Gold prices may be moving up but gold ETFs are still seeing outflows in India. Gold ETFs registered Rs.570 crore outflows in 2018. The assets under management (AUM) of gold ETFs dropped by 6% during the year 2018. This marks the sixth consecutive year Read more [...]

Will the RBI shift its monetary stance to neutral? A recent survey by Reuters had pointed out that while the RBI may not cut rates in February, there was a strong chance of the RBI changing its stance. In the December policy, the RBI had chosen to maintain Read more [...]

Why SEBI was right in rejecting the L&T buyback bid In a surprising move last week, SEBI rejected L&T’s proposed buyback of shares. L&T had decided to reward its shareholders and had opted for buyback for the first time in its entire history. Read more [...]

Why the government is right in preventing promoters from bidding? The Essar Steel case is taking an interesting turn. The promoters have come up with the highest bid for the assets of Essar Steel after the Arcelor bid was accepted and finalized by the Read more [...]

News Announcement Impact Analysis In a setback for defaulters, Supreme Court upholds Bankruptcy Code The petition against the promoter ban on bidding for NCLT companies has been rejected by the SC That means the Ruias will not be Read more [...]

Wall Street cracked more than 1.25% on Tuesday on global growth worries. In fact, the Dow opened weak on Tuesday after two pieces of negative news spooked the world market sentiments. On the one hand the IMF downsized world GDP growth by 20 bps for this Read more [...]

Finally, the change of guard at Yes Bank has been formalized. Yes Bank has announced the appointment of Ravneet Gill as the next CEO. The hunt for the CEO had begun after the RBI had refused to permit Rana Kapoor to continue as CEO beyond January 31st Read more [...]

The Nifty got closer to the 11,000 marks on Monday after hopes that China would further stimulate its economy. China had recently reported its full-year growth at 6.4%, the lowest level in the last 22 years. At Davos, the IMF has underlined that Read more [...]