In the Union Budget 2019, the Finance Minister announced plans for issue of $10 billion of sovereign bonds. Amidst the fanfare, the logic was perfect. By relying on foreign currency bonds, the government will hit two birds with one stone. On the one hand, Read more [...]

When Theresa May resigned as the prime minister of Great Britain, it was always obvious that Boris Johnson will take over. With his shock of tousled yellow hair, Johnson may have to move fast and way beyond histrionics if he has to find a solution to Read more [...]

When the chairman of the Auto Parts Association warned of nearly 1 million layoffs, it straight away triggered a panic reaction in the markets. The auto parts industry employs 5 million people and this would mean that 20% of the work force would be out Read more [...]

The news from the Chinese front is not too encouraging; at least as far as economic growth is concerned. Fears of a slowdown were back in the global markets after China reported GDP growth at a 30 year low. The industrial profits in China have been on Read more [...]

News Announcement Impact Analysis Donald Trump now plans to tax French Wines imported into the US The trade war was triggered by France announcing a digital tax on US companies operating in France Trump has promised to retaliate Read more [...]

Sensex was nearly 350 points in the positive in early trades on Thursday but lost almost all its gains and more and ended marginally in the negative territory. Financials continued to be under pressure on Thursday. Even as Yes Bank is likely to Read more [...]

The first signs of economic stress may have come from the Indian auto parts industry as the manufacturing association of Indian auto parts warned of 1 million job cuts. Manufacturers of auto parts have warned that if the auto slowdown continued then the Read more [...]

The much touted sovereign bond issued planned by the Indian Government and announced in the Union Budget may finally take off in October 2019. The $10 billion sovereign borrowing program announced by the government is likely to go through in October this Read more [...]