Highlights of the Week (Jan 16 – Jan 20) and Impact Analysis   Major News Item Impact Analysis     Ø Indian Realty sector worst hit by the demonetization drive Ø Most developers and key geographies have Read more [...]

Midnight News Update – Jan 23rd 2017 Donald Trump’s “Buy American, hire American” pledge has virtually spooked the Indian industry. The IT industry relies heavily on US customers to boost its fortunes and the US continues to be the most lucrative Read more [...]

  Date   Time   Country   Economical Data   Measures   Forecast   Previous   23-Jan   10:00am   JPY   All Industries Activity m/m It's Read more [...]

  23-Jan   10:00am   JPY   All Industries Activity m/m It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early Read more [...]

Midnight News Update – Jan 19th 2017 Arun Jaitley has admitted that the government will be looking to sell 25% stake in the five state owned general insurance companies. The move is likely to unlock a huge amount of value for the government ahead Read more [...]

Midnight News Update – Jan 18th 2017 The forthcoming Budget may see the service tax rate being hiked to 15% from the current level of 14%. Currently, service tax is charged at 14% but on top of that there is a 0.5% Swach Bharat Cess and another 0.5% Read more [...]

Reliance Industries’ net profits were up by 4% at Rs.8022 crore for the third quarter ended December 2016. Revenues for the period were up by 3.5% at Rs.66,606 crore. The good news was that the gross refining margins (GRM) went by from $10.1/bbl Read more [...]

Midnight News Update – Jan 16th 2017 Among the various customer-facing sectors hit by the demonetization drive, the realty sector seems to be the worst hit. Most developers in key geographies have seen sales dip by nearly 50% in the last 3 months. Read more [...]