RBI was a net seller in dollars to the tune of $18.66 billion

Posted on November 19, 2018 by Achiievers

The all-important board meeting of the RBI has slated on Monday 19th November. Autonomy of the RBI has been a major bone of contention and two decision points will be keenly awaited. The RBI has been asked by the government to loosen up credit purse strings Read more [...]

Binani Cements

Posted on November 17, 2018 by Achiievers

Dalmia Bharat makes it complicated but also significant Among the various companies under resolution at the NCLT, the case of Binani Cements has been one of the most complicated. It has not only raised some serious questions about the role of the Committee Read more [...]

Rupee Recovers

Posted on November 17, 2018 by Achiievers

The question is whether the worst is finally over for the INR The last few weeks have been positive for the Indian rupee which recovered from an intraday low of Rs.75/$ to a six-week high of Rs.71.95/$. The rupee has shown tremendous strength on the Read more [...]

Tatas eye Jet

Posted on November 17, 2018 by Achiievers

Will it really improve the Tata aviation franchise? In many ways, it is a reversal of history. It was JRD Tata who pioneered the concept of Air India, which despite the brilliance of Bobby Kooka ended up in an awful financial mess. Tatas came back into Read more [...]

Weekly Capsule (Nov 12 – Nov 16) and Impact Analysis

Posted on November 17, 2018 by Achiievers

News Announcement Impact Analysis Crude oil prices end with losses for the sixth straight week The first triggers for a fall in oil price came from global slowdown fears and later by dilution of Iran sanctions Crude has lost nearly Read more [...]

NIFTY SETTLES ABOVE THE 10,600 MARK

Posted on November 16, 2018 by Achiievers

The Nifty has gained nearly 600 points in the last 4 weeks even as crude oil prices have fallen by 24% in a little over a month. This has resulted in the rupee emerging stronger and reducing the pressure on the current account deficit. The dilution Read more [...]

Trade deficit for October bounced higher

Posted on November 16, 2018 by Achiievers

Fitch has maintained India’s sovereign rating unchanged at BBB-. This is the lowest investment grade with a stable outlook. While Fitch expects 7.8% GDP growth in 2018-19, it expects the growth to taper after that due to a combination of weak financial Read more [...]

IDBI Bank reported losses of Rs.3602 crore

Posted on November 15, 2018 by Achiievers

It was a day on which IDBI Bank reported losses of Rs.3602 crore for the second quarter. Over the last one year, IDBI Banks’ gross NPAs have shot up from 24.98% to 31.78%. Despite doubling provisioning for this quarter, the net NPAs are still at above Read more [...]

Achiievers Connect Blog

Daily Stock & Share Market Updates

Achiievers

RBI was a net seller in dollars to the tune of $18.66 billion

Binani Cements

Rupee Recovers

Tatas eye Jet

Weekly Capsule (Nov 12 – Nov 16) and Impact Analysis

NIFTY SETTLES ABOVE THE 10,600 MARK

Trade deficit for October bounced higher

IDBI Bank reported losses of Rs.3602 crore