The Federal Reserve has decided to maintain its accommodative stance on monetary policy, even while it has noted that the economy is regaining strength and inflation has risen. The main refinancing rate has been maintained between 0 and 0.25 per cent. The Fed has ensured that short-term interest rates are near zero even while it …
The pandemic took a hit on the population and businesses alike, which in turn led to an economic slowdown in the US. However, with several catalysts like the vaccination drive, lockdowns, and preventive measures, things have started to fall in place once again. All things considered the US economy looks well set to convalesce. With …
Will insurance firms be allowed to invest in debt securities issued by real estate or infrastructure investment firms? The answer is yes. News reports suggest that the Insurance Regulatory and Development Authority (IRDA) is planning to permit such investments in a bid to boost REIT and InvIT investments attractive. What are REITs and InvITs? It …
India’s economy is out of a technical recession and returns to the growth path in the third quarter of FY 2020-21, with a 0.4 per cent increase in the Gross Domestic Product. This comes on the back of a huge 24.4 per cent contraction in the June quarter, following a pandemic-associated lockdown. The September quarter …
As the second wave of Covid infections grip several states in the country, what does it look like for the retail sector? In February, as Covid infections dropped from the September 2020 levels, the Indian retail sector heaved a sigh of relief as sales figures came in. The Retail Business Survey showed that February sales …
April is the time for all companies to not only understand the performance of companies but also the time for companies to share the amount of stake their shareholders own in the company. Rakesh Jhunjhunwala commonly known as the Warren Buffet of India has raised his stake in Fortis Health from 3.97% in Q3 to …
After a lull of several months when Covid-19 cases had seen a considerable decline, the active cases have been on the rise again, with February 21 registering 14,199 new cases. New cases had hit a low of 9,121 on February 16. Fears of a second wave and increased restrictions have dragged the stock market down, …
India is in the grip of the second wave of the pandemic, as several states register unprecedented peaks in terms of fresh cases and death tolls. On Thursday, India recorded nearly two lakh cases; the country has been seeing cases upwards of 1.5 lakh every day over the past nearly one week before April 15 …
The BSE Sensex has seen a comeback by adding more than 500 points in the early hours of trade on Tuesday, April 20, gaining a little over 1 per cent. The broader benchmark index Nifty also traded over 1 per cent higher at 14,500-levels. This regaining of lost ground comes after the Sensex and Nifty …
Stock indices globally saw fresh highs, including Wall Street and India’s own Dalal Street, as reflation trade has gathered pace. Reflation trade happens when there is the prospect of growth following a badly hit economic loss. The reasons for the reflation push include positive developments such as the coronavirus vaccine rollouts progressing, the hope of …
