The former SEBI chairman has some serious reservations about the way boards function in India. In the aftermath of the ICICI conflict of interest case, Damodaran has been quite vocal about the role that directors of the board play in such exceptional Read more [...]

The latest data put out by the Association of Mutual Funds of India (AMFI) on mutual fund SIPs is quite encouraging. There has been a sharp 53% growth in total SIPs in fiscal 2018 compared to fiscal 2017. What explains this huge traction on SIPs especially Read more [...]

The preliminary monsoon forecast for the year 2018 was put out by the Indian Meteorological Department (IMD) during the week at 97% of the long term average (LTA). By definition this is classified as a normal year. The IMD defines normal monsoons as the Read more [...]

The Nifty corrected from higher levels and closed at around 10,520 levels after nearly 9 consecutive sessions of positive returns. There was more of unwinding of long positions at higher level. We had recommended Zee at Rs.570 levels and one can Read more [...]

Former SEBI chairman, M Damodaran, has come down heavily on the role and the independence of Boards in the aftermath of the ICICI “conflict of interest” episode. The board chairman, Mr. M K Sharma, had come out and given a clean chit to Chanda Kochhar Read more [...]

In an almost unprecedented move, the Nifty closed in positive territory for the 9th successive trading session. The Nifty has closed above the 10,550 mark although the odds appear to be stacked now in favour of a market correction The positive Read more [...]

On a day when most of the ATMs across the country went literally dry, the RBI came out to assure the public that there was no shortage of currency with the RBI. The finance ministry also clarified that more notes were being printed and the RBI had sufficient Read more [...]