Honoring 3.4% fiscal deficit has little more than academic value The government was almost celebrating when the full year fiscal deficit came in at the targeted rate of 3.4% of GDP. Of course, this is a revised target because the original target of 3.2% Read more [...]

5 factors that could decide the outcome of Elections 2019 The first phase of elections has taken off and the fate of 91 seats is sealed. Over the next 6 weeks, we will get to see 6 more phases of polling before the final results are announced on May Read more [...]

  News Announcement Impact Analysis India becomes a net steel importer for the fiscal year 2018-19 Indian steel exports fell by nearly 34% during the last fiscal year on the back of penal duties from the US and EU This has Read more [...]

After a weak and tentative day, the rupee strength and the weakness in crude oil prices helped the Nifty to close in the green. The first phase of polling went through peacefully and the low turnout favors the ruling party. The sharp fall in crude Read more [...]

The biggest election in the world’s largest democracy took off with Phase-1 kicking off in India on 11th of April. The first phase of voting in India saw lower-than-average voting across many states. For example, UP recorded a turnout of just 63% while Read more [...]

The weak growth outlook took its toll on all the markets and the Indian market was also not spared. IMF had actually upgraded India growth but the global worry would impact exports growth and that hit the markets. After a day’s fall, Brent was Read more [...]

If you thought that your debt fund investments are safe and secure; just think again. Mutual Funds have postponed redemption of FMPs due to NCD exposures. Most of the FMPs that are due to mature in March and April this year have postponed their FMP maturity Read more [...]

Markets closed very strong with a favorable A/D ratio of 37:13 on Tuesday on the back of a very positive BJP manifesto promising nearly $1.7 trillion investment in infrastructure and farm incomes overall. Brent prices again faced resistance at Read more [...]