As the Monsoon season starts in India, NCDEX on June 10th announced two indices which will measure the rainfall in the country. These non-tradable indices will be a ready reckoner for any party wants to hedge against unpredictable Monsoon rainfall. These indices named, Indian Monsoon Index (Cumulative Monsoon Index) and Indian Rain Index (Monthly Cumulative …
India is ready to introduce its very first and very own automated trading platform for gas trading. On Monday, June 15, Union Oil Minister Dharmendra Pradhan inaugurates Indian Gas Exchange (IGX) to mark the beginning of natural gas trading through a consolidated platform in the country. Gas is a widely traded commodity globally, with high …
When the government announced its H1 borrowing programme for 2018-19, two things stood out. Firstly, the first half borrowing in the coming fiscal is likely to be sharply lower than what the government had budgeted in the previous years. Secondly, with the risk of rising bond yields still rampant, the government has decided to focus …
The monetary policy announced by the MPC on April 05th had little by way of surprises. There was almost a consensus among the bond traders and the fund managers that the RBI would hold the repo rates at 6%. What was of greatest interest was their inflation outlook and monetary policy stance! The following are …
Quite often the trade deficit and the current account deficit (CAD) are used interchangeably. There is a subtle difference between the two. While trade deficit refers to the excess of merchandise imports over merchandise exports, the CAD looks at the net effect of trade in services and remittances too. The CAD is a more revealing …
The Coronavirus outbreak or the Covid-19 epidemic has already resulted in more than 42,000 deaths across the globe. Along with the high mortality rate, the pandemic is also responsible for crashes in financial markets across the globe. The oil price war between Russia and OPEC has worsened the existing scenario, negatively impacting global financial markets. …
The ongoing COVID-19 pandemic has completely disrupted the lives of people across the world. Not only has it put the health of individuals at risk, but it has also negatively impacted the financial and economic sectors in multiple countries. Almost all non-essential industries and businesses have been forced to shut their operations due to the …
Even as you read this article, COVID-19 cases and deaths in India are rising by the hour. Worldwide more than 1 million people have been infected and the death toll is now more than 53,000. Apart from snatching away the lives of thousands, COVID-19 has dealt a deathly blow on the world economy. It has …
COVID-19 has caused unimaginable destruction, death and misery to millions in a matter of a few months. With more than 1 lakh deaths, 2o lakh plus infected and extended lockdowns, economies across the world are in shambles. Today, many parts of the world resemble a ghost town where you expect zombies to come out of …
The world has been battling a dangerous pandemic since the beginning of this year. The imposed lockdown has had a severe effect on various industries, majorly hospitality, travel, tourism, construction, and some other services. Markets have been volatile and traders have been panic-selling in fear of losing. The Sensex experienced a historic 32% fall between …
