Market regulator SEBI has brought in new qualification norms for portfolio managers, research analysts and investment advisors in a recent notification. According to the SEBI norms issued last week, SEBI will recognise post-graduate programme in the securities market of at least a year offered by the National Institute of Securities Markets (NISM) as the qualification …
An Overview – SC’s Stance The Supreme Court dismissed Bharti Airtel, Vodafone Idea, and Tata Teleservices’ case for re-computation of the adjusted gross revenue (AGR)–related dues on July 23 morning, sending telecom stocks lower. Bharti Airtel’s stock was trading at Rs. 554.15, up Rs. 7.65, or 1.40 percent, on the BSE. It has traded between …
Due to the new margin rules, the trading community and brokerage houses are facing uncertainties regarding how much money they need to bring in and how much money the exchanges should be paid. As per the new rule, brokers need to take four snapshots of margin during the session at random times and based on …
The Index of Industrial Production for the month of October 2016 came in at (-1.9%) compared to the October 2015 corresponding index number. Of the 3 key components of IIP viz. Mining, Manufacturing and Electricity, only electricity managed a marginally positive growth. While electricity showed a positive growth of 1.1% for October 2016 on a …
As the Monetary Policy Committee (MPC) meets up ahead of the crucial monetary policy announcement on 07th December, the key question is whether there will be a rate cut or not? While the original expectation was that the rate cut will be put off due to the uncertainty over Fed rate trajectory, the impact of …
Farmer groups in India have been protesting against three farm bills introduced in September, with heightened agitations held on the country’s Republic Day. The laws were aimed at bringing in reforms in the agriculture markets and boost farmer incomes. However, the farmers’ contention has been that the new rules would make it easier for corporations …
The recent Union budget proposed plans to target a fiscal deficit of 6.8 percent of the Gross Domestic Product (GDP) for the coming financial year 2021-2022 and consequently reduce it to 4.5% by financial year 2025-2026. For a developing country like India, the proposed deficit targets seem far from liberal. While the government projects a …
In opening trade on February 12, the rupee gained by 10 paise to touch 72.77 against the US dollar. The rupee hit a near one-year high as it touched 72.65 against the US dollar a day before. So, what does the strength of the rupee mean to the markets? If you have noticed past INR …
The markets have largely maintained their bullish run over the past several months, although there have been some corrections and breathers from time to time. The announcement of the retail inflation touching a 16-month low in January is expected to sustain positive sentiment in the market. Early trading on February 15, Monday, already shows the …
An Overview For the second month in a row, the August PMI statistics indicated an improvement in overall operating conditions. A number above 50 indicates expansion, whereas a score below 50 indicates contraction. “The Indian manufacturing sector continued to rebound in August, although growth slowed as demand showed symptoms of contraction due to the epidemic. …
