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Economy
Bond Markets Crash, Failure of Bond Auction Today is Likely Again
There’s some serious damage in the bond market in the last few days. We posted (in Premium) that Banks are likely to lose 10,000 cr. on just the extra ...
Premium
Macronomics: Carnage in the Bond Markets, Look How Banks Face Losses Of 10,000 Cr. in this Quarter
Folks, there’s some serious bloodletting happening in the bond markets. You’ve seen it here earlier – we have continuously mentioned how the ...
Economy
Indirect Taxes Up Big Time on Fuel Duties and Gold, Good For Government, Not So Much For Anyone Else
Apparently, the Indirect tax collections (Service Tax, Excise Duty and Customs Duty) are up 37% in May 2015 over May 2014. But is this really something we ...
Economy
Current Account Deficit Falls to 0.2% of GDP, RBI Buys Massive Quantities of Incoming Dollars
The current account deficit for the March quarter of 2015 came in at -1,286 million, which is a big relief, even if it’s marginally higher than the ...
Stocks
JustDial Will Buy Back at 1550 per Share, But Just 2-3% of Shares Will Be Bought
JustDial recently decided to buy back shares. They have a reasonable amount of cash on the books, and they will be using about Rs. 170 cr. of that money to buy ...
Premium
The Strategic Debt Restructuring Rules by RBI – Banks Will Convert Debt to Majority Equity
There’s a new law in town. It’s a Strategic Debt Restructuring proposal by RBI. It’s kinda boring to go through the whole thing. But at ...
Premium
Premium: The Impact in India of Including China-A Shares in the MSCI Index
Here’s a story to start this post: Raj and Balu were walking through a forest when they saw a tiger moving towards them, fast. Raj quickly began to wear ...
Charts & Analysis
Nifty Tests 2015 Lows as Market Does Five Consecutive Down Days
The Nifty hits close to its lowest in 2015, with 8000 acting as a technical barrier on the way down. 2015 has now seen a big upcycle in Jan and Feb, and then a ...
Premium
Premium: The Nifty Consolidated Price-to-Earnings Ratio
How do you calculate the Price to Earnings of an Index? There are 50 stocks in the Nifty and there is not concept of a “Nifty share”. So how does ...
Foundations