Wall Street cracked more than 1.25% on Tuesday on global growth worries. In fact, the Dow opened weak on Tuesday after two pieces of negative news spooked the world market sentiments. On the one hand the IMF downsized world GDP growth by 20 bps for this Read more [...]

Finally, the change of guard at Yes Bank has been formalized. Yes Bank has announced the appointment of Ravneet Gill as the next CEO. The hunt for the CEO had begun after the RBI had refused to permit Rana Kapoor to continue as CEO beyond January 31st Read more [...]

The Nifty got closer to the 11,000 marks on Monday after hopes that China would further stimulate its economy. China had recently reported its full-year growth at 6.4%, the lowest level in the last 22 years. At Davos, the IMF has underlined that Read more [...]

India has now emerged as the second largest steel producer in the world after China as it edged past Japan. As per a report, India produced 96.92 MT of steel in the first 11 months of 2018, nearly 4.5 MT more than that of Japan. Of course, China with Read more [...]

As Union Budget approaches, the big casualty could be fiscal deficit Fiscal deficit shows the extent to which the government cannot fund the budget through internal sources. That has to be bridged by borrowing and it is a key barometer of the overall Read more [...]

Will the RBI even consider a 50 bps rate cut and CRR cut? One of the highlights of the previous week was the CII representation to the RBI governor, Shaktikanta Das. The representative body of Indian industry has called on the RBI to aggressively cut Read more [...]

How it got into the current mess and how can it get out of it? The stock of Sun Pharma has been under pressure for a very long time. In fact, if you look at the returns of the stock from 2015 onwards, the stock has lost nearly 75% in value. That is hardly Read more [...]

The Nifty was virtually flat on Wednesday, Thursday and Friday in the absence of any fresh cues from the global or domestic macros. The market is expected to take a more firm direction during the week. The Chinese decision to expand spending on Read more [...]