As the USD-INR rate hits 61, we get that sick feeling in the stomach that next month, my son’s Lego buy will be that much more expensive. However, the sick ...
The Nifty has closed the week above the 200 Day Moving Average (DMA) and below the 50 DMA, at 5868. We are now 5% up from the very recent lows of just below ...
Surjit Singh Bhalla has come up with a fascinating insight on the new Food Security Bill (FSB) in which he says will cost us over 300,000 cr. He was responding ...
Unilever’s open offer for Hindustan Unilever (HUL) shares has been completed, with them acquiring about 32 cr. (320 million) shares at the price of Rs. 600. ...
RBI has announced draft guidelines for higher provisioning requirements while lending to corporates with “unhedged foreign currency exposure”. A quick ...
Economic Times has the news that Prime Securities, a broker with the NSE, is in trouble for owing Rs. 80-100 cr. to the NSE for derivatives trading margin. ...
Gold’s trading at a high premium. Get this, RBI. You can’t reduce the consumption of a product by restricting supply, when demand is high. Jewellers are ...
Since RBI introduced the base rate in 2010, Banks are not allowed to lend below that rate. Take a look at how banks have moved their rates in response to RBI ...
The quality of underlying data is very important when you try to make decisions based on that data. For instance, my friend Karthik Shashidhar writes at ...
Twenty six applicants have come forward for setting up banks in India, says the RBI. The exhaustive list: Aditya Birla Nuvo Ltd., Mumbai. Bajaj Finserv Ltd., ...
