Midnight News Update – Oct 17th 2017   Jaiprakash Power Ventures has received expressions of interesting from 5 suitors for a 30% stake in its business. The bidders include Brookfield of Canada, SREI Infra Group, Resurgent Power, Edelweiss Read more [...]

GST Relief The GST Council takes a more realistic view of implementation… The GST Council meeting on October 06th was crucial in more ways than one. Firstly, it represented the first meeting after a 3-month track record of GST implementation. During Read more [...]

 Midnight News Update – Oct 10th 2017   Addressing industry leaders, prime minister Modi assured them that petroleum products will also be brought under the GST net after due consultation with the states. Current, petrol, diesel and petroleum Read more [...]

Major News Item Impact Analysis     Ø  RBI policy maintains status quo on repo rates  and holds them at 6% Ø  This was largely along expected lines after the inflation went up by 190 basis points in the last 2 months Ø  Read more [...]

October Policy RBI is likely to maintain status quo on rates… With the month of September almost coming to a close, the question shifts to the stance of the RBI in the forthcoming credit policy in October. Remember, the RBI may have cut rates by nearly Read more [...]

Midnight News Update –Sep 25th2017   Stocks may see a wavering drama next week as the stand-off between North Korea and the US is now appearing to head towards a showdown. US planes have already been hovering close to the coast of North Korea Read more [...]

Major News Item Impact Analysis     Ø  SEBI to permit REITs and INVITs to raise money through bonds Ø  This move is likely to get more corporates and investors interested in these vehicles Ø  That will encourage better Read more [...]

Midnight News Update –Sep 21st2017   In what was the first explicitadmission by the government about an economic slowdown, the FM promised a slew of measures to revive the flagging Indian economy. It may be recollected that GDP growth for Read more [...]