The Monetary Policy Committee (MPC) constituted by the RBI will meet on April 05th and 06th to decide on the monetary policy stance going ahead. In the previous 2 monetary policy review of December and February, the RBI had opted to maintain status quo on rates. The question is whether the RBI may consider a …
As the Nifty stands at a new high and the Sensex just a few hundred points shy of a new high, the question arises about the outlook for equities in the coming financial year. While at a very broad level, valuations may be at the upper end of the historic band, there could be some …
The Q3 estimates for GDP were, probably, the most awaited statistics in the last few months. That is hardly surprising! The Q3 GDP growth refers to the Oct-Dec 2016 period when the Indian economy had to put up with the pain of the demonetization exercise. Demonetization had created a liquidity crunch across most urban and …
The Fiscal Responsibility and Budget Management (FRBM) Act was passed in 2003 to bring about an institutional mechanism to keep fiscal deficit under check. Fiscal deficit represents the deficit of the government that has to be met through borrowings as it is the gap that cannot be met through a combination of revenue and capital …
The Reliance stock has been on a tear at the bourses for quite some time now. In fact, the stock is already quoting at a 9-year high and hence the expectations were pretty high ahead of the fourth quarter results. Here are some of the key takeaways from the Reliance Q4 results. Key takeaways from …
The IIP numbers for the month of March 2017 came in slightly better than expected. Remember, IIP numbers are normally announced with a 1-month lag as compared to CPI and WPI numbers. Here are some of the key takeaways from the IIP numbers that were announced for the month of March 2017… Key Takeaways from …
The Federal Open Market Committee (FOMC) on 14th June 2017 announced a 25 basis points hike in the Fed rate. This takes the overall Fed rate to the range of 100-125 basis points. There was not much of a surprise element in the decision as the CME Fed Watch Tool was already indicating a 95% …
The CPI (retail inflation) announced for the month of April 2017 came in sharply lower at 2.99% compared to 3.89% for the month of March 2017 and overall CPI inflation at 5.47% in the corresponding April last year. This sharp fall in CPI inflation has also been driven by a very sharp fall in food …
The Federal Reserve made public the minutes of its June meeting earlier in the week. The minutes of the Fed meet were much awaited. While it was already clear that the Fed would hike the rates once more in 2017 and thrice more in 2018, the markets were actually looking for greater clarity on the …
When the NDA government assumed power 3 years ago in the summer of 2014, India’s FDI flows were $36 billion. Over the last 3 years, India has emerged as the largest recipient of FDI flows, pushing China to the second place. For the financial year 2016-17, total FDI flows into India was at $60 billion …
