The Trump speech was largely disappointing as it did not contain any specific references to his grand plan to cut personal and corporate taxes or to his plans of investing $ 1 trillion into US infrastructure. A large part of his speech was devoted Read more [...]

IndusInd announced its third quarter results on Tuesday with the company flattering on top-line and bottom-line growth. Net profit for the quarter was up by 29% at Rs.751 crore. Net interest income (NII) expanded by 34.5% for the quarter to Rs.1578 Read more [...]

The Union Budget is expected to change the definition of long term capital gains to 3 years instead of the current definition of 1 year. The 1-year definition of long term capital gains was introduced in the 2004 Union Budget presented by then finance Read more [...]

Major News Item Impact Analysis     Ø Key assembly election dates announced by the Election Commission (EC) Ø Elections across Punjab, Goa, Uttarakhand, UP and Manipur to begin on Feb 04th and complete on March 08th. Ø Read more [...]

Equities in 2017 _____________________________________________________________ What will be the outlook for equities in 2017? __________________________________________________________ As a New Year dawns, it is worthwhile to evaluate the Read more [...]

  The Railway Ministry is coaxing the Finance Ministry to levy a Safety Cess on all railway bookings to finance the huge outlay of Rs.125,000 crore required to enhance railway safety. Ironically, the fares of First AC and Second AC are likely Read more [...]

 Midnight News Update – Jan 04th 2017 Infosys was the big casualty on Tuesday as the stock took a hit from a fairly scary outlook given by Vishal Sikka for the coming year. The stock was down 2% after Vishal Sikka cautioned that the road ahead Read more [...]

India’s core sector output for the month of November 2016 came in lower at 4.9%, in what is seen as a direct impact of the demonetization process. This is sharply lower than the 6.6% core sector growth announced in the month of October. The big gainer Read more [...]