In a post on August 23, I wrote about a setup I saw in BHEL which seemed to follow a nice W pattern involving a lower bollinger reject and a potential move up. ...
The RBI now has a 3.5% swap available for FCNR deposits. Which means effectively the hedge cost for banks is now just 3.5%. A quick look at what banks are ...
I wrote this article for Outlook India, Sep 02. Myth 1 Weaker currency means a weak country Would you say Kuwait is stronger than America? After all, it’s ...
Dr. Raghuram Rajan takes his stand as the Governor of the Reserve Bank of India. Generous praise has been showered upon him already, making him look like James ...
The new RBI Governor, Raghuram Rajan, attempts to open the floodgates of foreign capital into India. Banks that raise Foreign Currency Non-Resident (FCNR) ...
A number of online media sites are running stories of how the fall in the rupee is hurting real lives. Students in the UK write in to say they have to pay much ...
Vodafone just sold their holding in Verizon Wireless, back to Verizon, for a mighty $130 billion. And the deal has a very interesting structure. Vodafone’s ...
In a notification, banks have been told to watch all loans under “innovative” financing schemes which involve giving builders the full home loan amount ...
SEBI has decided to alter the circuit breaker limits for stock exchanges. Currently, market wide circuit breakers apply after a 10% change (1 hour), 15% change ...
The ex-chairman of NSEL, Shankarlal Guru, meets Zee News for an exclusive. He says he wasn’t aware of irregularities. That some people had told NSEL there ...