Monthly core sector numbers finally showed some improvement for March 2019 at 4.7%. This figure represented the best core sector growth in the last 5 months. Core sector captures the growth in 8 core infrastructure sectors and has a weight of over 42% Read more [...]

Indian markets will function on Tuesday but will again be shut on Wednesday on account of May Day celebrations. Hence markets may remain slightly cautious on Tuesday in the midst of fairly thin trades. Markets may choose to remain cautious ahead Read more [...]

Indian markets have been profitable and global investors have skimmed nearly $50 billion out of India in the last year. FPIs and MNCs took out $49 billion out of India in the year 2018 via dividends and interest. This is double the amount of money that Read more [...]

News Announcement Impact Analysis US sanctions waiver for oil buying comes to an end on May 02nd, 2019 Effective that day, most countries like India, China and Japan cannot import Iranian oil anymore It is not clear whether China Read more [...]

During the last week, the rupee rapidly weakened against the dollar and went as low as 70.56/$. While oil prices were one of the reasons for the rupee slide, there was another more immediate reason for this rupee fall. It was the dollar swap auctions Read more [...]

Even as the trade war continues, there is positive traction coming from US capital goods orders as they hit record highs raising growth turnaround hopes. New orders for capital goods put out by the US government had touched an 8-month high giving an indication Read more [...]

From the beginning, the Reserve Bank had not been too pleased about the special status on disclosure accorded to IL&FS. Now the RBI has demanded mandatory disclosure of overall bank exposure to IL&FS group and has instructed all banks and financial Read more [...]

The Iranian oil embargo continued to weigh on Indian markets as crude is now standing above the $74.30/bbl mark. This has put pressure on most of the OMCs on fears that subsidy may be shared with the OMCs. With the prospects of Jet recovery becoming Read more [...]