Equity markets had a sombre year. Most indices which had recorded strong performances from April 2016 till January 2018 cooled off as the year progressed. However, the Large CAP / Frontline indices are not representing the scale of correction. For example, indices such as BSE Mid cap and BSE Small c...
Srei reports consolidated PAT of Rs. 110.97 crore during Q2FY19 versus Rs. 86.03 crore during Q2FY18.Srei Infrastructure Finance Limited (“Srei”) along with its wholly-owned subsidiary Srei Equipment Finance Limited has reported a consolidated profit after tax (“PAT”) of Rs. 110.97 crore dur...
Though a section of the press declared that the Reserve Bank of India (RBI) and the Government of India (GOI) were joint winners of the much awaited ‘mother of all board meetings’ that was organised on November 19, the undisputed fact remains that the RBI emerged unscathed.It did not lose anythi...
An open public dispute is currently onNormally, the differences between two institutions, one being the elected government whose political tenure is determined by periodical elections, as expected in a democracy and the other, a statutory institution, whose future is more certain, are settled ...
Though the Indian rupee recovered from the steepest fall of all times on October 11, things are yet to improve. The rupee has recovered from the record figure of Rs. 74.40 and is hovering around Rs. 73.40.The record fall was a reaction to the most unexpected decision by Reserve Bank of India (RBI) o...
There have been two recent incidents in the past few months that may have escaped our notice but can provide our economy with a sense of direction. The first is the occurrence of heavy fog in the national capital. This was largely blamed on the burning of agriculture waste by farmers in far-flung Pu...
The trade war, rising rupee exchange rate, rising current account deficit, and the like have been major topics of concern for Indian economy watchers. They have sparked contentious political debates. While these are important issues, the larger focus on employment generation should not get diluted.T...
Satyajit Ray’s famous Bengali film, Seemabaddha (1971), opens with the dialogue that translates to, “One of the major problems in Bengal is unemployment.” The same is true for India now. According to a report published by the think-tank, the Centre for Monitoring Indian Economy (CMIE) that tra...
In October, each year, the Global Hunger Index (GHI) is published. This year, India ranked 103rd out of 119 countries- down three positions from last year. Some of her South Asian neighbours fared better with Nepal ranked 72nd and Bangladesh 86th. India is now known for its high GDP growth at 7% and...
The continuing trade war between the United States of America and China is concerning the world. The trade war will not only affect China but also the traditional allies of the US. The future of this trade war depends on how bad the protectionism turns and how dire the consequences would be. But it ...
