FPI flows into debt in 2017 was to the tune of Rs.150,000 crore The inflows into debt more than compensated for the tepid flows into equities on the back of valuation concerns Debt flows continued to be elevated on the back of positive Read more [...]

By seeking parliamentary approval for the bank recap program, the government has sent a message that it is serious. Stocks like PNB, which we had recommended yesterday, were up by nearly 7% and the story may have just begun. We have been mentioning Read more [...]

Shortly after cutting the rate of interest on PPF, the government has also gone ahead and replaced the 8% RBI bonds with 7.75% bonds literally cutting rates by 25 basis points. This is one more indication that the government is keen to remove the distortions Read more [...]

Mr. Suresh Prabhu has committed that the new Industrial Policy could be out in a few months and that the intent is to get $100 billion of annual FDI into India. Currently, India already receives $60 billion of FDI each year and is the world’s largest Read more [...]