The news is not too encouraging for the rupee in August. Indian Rupee ended up as the worst performer in Asia in month of August. Escalating trade tensions and a weak Yuan took its toll on the Indian rupee as it slumped nearly 3.50% in the first half Read more [...]

Inflation eased in July 2019 but only just about. CPI Inflation fell marginally to 3.15% for the month of July 2019 and this came about after a series of inflation spikes in the last five months. The fall in inflation was actually triggered by food inflation Read more [...]

The chances of Jet Airways finding a buyer to bail the company out, now looks increasingly remote as more potential bidders have now backed out. The sale of Jet Airways now looks increasingly difficult as key potential bidders have been backing out one Read more [...]

With crude prices firmly below the $60/bbl mark, the Brent crude took support around the $56/bbl on anticipation of OPEC action. Oil prices in the Brent market held in positive territory on Thursday after a sharp 4% crack on Wednesday on global slowdown Read more [...]

Markets bounced back sharply on hopes that the government may scrap the FPI tax either totally or as an exception. There were also expectations of the LTCG being modified considering weak revenue generation. While the enthusiasm in the markets Read more [...]

Pressure on the oil prices continued on Wednesday as Brent crude cracked by 360 basis points to $56.83/bbl on global growth worries. As the trade war between the US and China escalated with the US firm on giving the currency manipulator tag to China, Read more [...]

Even as the US markets managed to stay nearly 1% higher on Tuesday, the European markets came under pressure on continued BREXIT uncertainty and the ongoing trade war between the US and China. All eyes will be on the credit policy to be announced Read more [...]