Dollar Swaps could actually hit three birds with one stone In the last week of March, the RBI introduced the new concept of dollar swap auctions in the Indian money markets. The first issue of dollar swaps attracted buying interest of $16.3 billion Read more [...]

It looks like external benchmarking for loans is off the table for now Back in the December monetary policy announced by the RBI there was special mention of the banks shifting to an external benchmark for pricing loans. This was part of the policy Read more [...]

For the third time, BREXIT Deal was rejected and so will BREXIT For the third time in succession, the proposed BREXIT deal was rejected by the British Parliament. Theresa May counted on a mix of Conservatives, North Irish party and Labor dissidents Read more [...]

News Announcement Impact Analysis     Nifty closes the fiscal year at above the 11,620 mark on Friday The sharp rally was largely driven by the banking stocks that carry the highest weightage in the indicesA more Read more [...]

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 [...]