After the CRPF attack, India needs to go tough on economics
The CRPF attack may have been the worst in Kashmir since 2001. But, two things stand out in this case. Firstly, the outpouring of popular support appears to be immense. Secondly, the current Read more [...]
The all important meeting between the Finance Minister and the new RBI governor, Shaktikanta Das, is scheduled on the Friday. The meeting assumes importance in the light of the abrupt exit of Dr. Urjit Patel and has a few important items on the agenda. Read more [...]
News Announcement
Impact Analysis
Nifty gains over 500 points during the week ended November 02nd
The sharp rally in the Nifty was largely driven by reconciliation of the US-China trade war and Iran oil exemptions to India
Banking, Read more [...]
Friday was the day of normalization with the Nifty, rupee and the bond yields showing return to stability. The Nifty bounced by over 237 points on Friday on the back of short covering support from traders. The markets also go some boost from the RBI promising Read more [...]
Why dollar forwards are gaining popularity at the RBI
How does the RBI intervene to defend the rupee when it is crashing? For a long time, the only strategy was to sell dollars. In the last few years, the RBI is increasingly relying on rupee forwards Read more [...]
Inflation under control, but IIP growth remains the challenge
During the week, the MOSPI announced two important data points. Inflation came in at 3.77% marginally higher than the 3.69% announced in the month of August. IIP growth, on the other hand, Read more [...]
News Announcement
Impact Analysis
IL&FS Board calls for a full audit of all group companies
It has emerged that the actual subsidiaries and group companies may be closer to 350 rather than 150
The balance sheet of the company Read more [...]
