Monetary Policy Yes to rate cut, but monetary stance remains the same… The monetary policy announced by the RBI on 04th August was largely along expected lines. The repo rate was cut by 25 basis points bringing it down to a level of 6%. The 25 basis Read more [...]

 Midnight News Update – Aug 02nd 2017   India’s PMI-Manufacturing came in sharply lower at 47.9 for July 207 as compared to 50.9 in June. The sharp deceleration in manufacturing was a result of manufacturers focusing more on disposing Read more [...]

US Economy It’s no longer the driver of global economic growth… The July update of IMF was revealing in more ways than one. Firstly, the IMF expects that neither the US nor the UK is likely to drive global growth in the next couple of years. In Read more [...]

Midnight News Update – Jul 31st 2017   Infosys has admitted that it is investing heavily in Europe and also planning to recruit heavily in the European region. The IT major has been looking to reduce its exposure to the US and diversify its Read more [...]

Weekly Capsule (Jul 24 – Jul 28) and Impact Analysis Major News Item Impact Analysis     Ø  Tata group to integrate technology units under TCS Ø  Most of the IT, technology and new age initiatives of the Tata Group Read more [...]

Midnight News Update – Jul 26th 2017   In the midst of frenzy and optimism, the Nifty crossed the 10,000 mark on the 25th of July. The markets have rallied nearly 25% from the lows of January 2017. However, while the Nifty did scale the mark Read more [...]

 Midnight News Update – Jul 24th 2017   Avenue Supermarts (the owner of the D-Mart brand) reported a 47% rise in Q1 net profits to Rs. 174.77 crore. Total income for the quarter was 36% higher at Rs.3621 crore. The EBITDA margins have fallen Read more [...]

Weekly Capsule (Jul 17 – Jul 21) and Impact Analysis Major News Item Impact Analysis     Ø  Reliance Industries announces 1:1 bonus issue at its 40th AGM Ø  This is just the fourth bonus by RIL in the last 35 years Read more [...]