India has now emerged as the second largest steel producer in the world after China as it edged past Japan. As per a report, India produced 96.92 MT of steel in the first 11 months of 2018, nearly 4.5 MT more than that of Japan. Of course, China with Read more [...]

As Union Budget approaches, the big casualty could be fiscal deficit Fiscal deficit shows the extent to which the government cannot fund the budget through internal sources. That has to be bridged by borrowing and it is a key barometer of the overall Read more [...]

Will the RBI even consider a 50 bps rate cut and CRR cut? One of the highlights of the previous week was the CII representation to the RBI governor, Shaktikanta Das. The representative body of Indian industry has called on the RBI to aggressively cut Read more [...]

How it got into the current mess and how can it get out of it? The stock of Sun Pharma has been under pressure for a very long time. In fact, if you look at the returns of the stock from 2015 onwards, the stock has lost nearly 75% in value. That is hardly Read more [...]

The Nifty was virtually flat on Wednesday, Thursday and Friday in the absence of any fresh cues from the global or domestic macros. The market is expected to take a more firm direction during the week. The Chinese decision to expand spending on Read more [...]

There could some from global economies, including India, on the growth front. China is poised to report its slowest growth in 28 years for year 2018. According to a report, China is likely to report a growth of less than 6.4% for the calendar year 2018. Read more [...]

News Announcement Impact Analysis Brent crude closed the week near the $62/bbl mark Brent has gained nearly 20% from the lows touched in the month of December2018 Despite US supply crossing 12 million bpd, OPEC cuts are likely to Read more [...]

Indian industry has been getting aggressive demanding a dovish monetary policy from the RBI. In fact, CII has requested the RBI governor to consider a repo rate cut of 50 bps as well as CRR cut of 50 bps to give a big boost to Indian industry. According Read more [...]