Sharp fall in savings rate could have long term consequences In the midst of all the chatter about the Coronavirus, the impending Trump visit and rising inflation; most readers missed out an extremely important data point. India’s savings rate has Read more [...]

MPC minutes show a clear preference for inflation over growth The MPC minutes announced by the RBI on 20th February showed consensus among the 6 members about the need to go slow on rate cuts. MPC has shown a clear preference for inflation control over Read more [...]

News Announcement Impact Analysis Trump keeps India guessing on trade deal ahead of state visit Trump has hinted that an elaborate trade deal with India could happen closer to the US elections later in 2020 Trump has been demanding Read more [...]

The sharp 429 points bounce in the Sensex and the Nifty closing above the 12,100 mark was largely driven by the heavyweights like RIL and HDFC. Of course, telecom provided the much needed impetus to the markets. With the government almost looking Read more [...]

The deal to sell 20% stake in Reliance refining business to Saudi Aramco has picked up steam. The proposal was first announced in August 2019 valuing the overall refining and petchem business at $75 billion with the 20% stake at $15 billion. RIL is keen Read more [...]

On Tuesday the Nifty breached the psychological 12,000 mark and despite multiple attempts to bounce back, the Nifty closed below that level. This level will be critical in the next few days as Friday is a trading holiday. The decision by the government Read more [...]

As the telecom crisis showed no signs of abating, Kumaramangalam Birla met the Telecom Secretary along with Ravinder Takkar, CEO of Vodafone Idea. While the contours of the discussion were not made public, Birla had obviously tried to impress upon the Read more [...]

Caution prevailed in the markets as the Nifty once again inched nearer to the 12,000 mark. Apart from oil companies, pharma companies were among the major losers on Monday on fears of supply chain disruption in China. The AGR settlement is likely Read more [...]