The RBI announced forex swaps with oil marketing companies (IOC, BPCL, HPCL). They will take rupees from the oil companies, and give them dollars. The reverse ...
Things are happening very fast. The 10-year bond has now moved very quickly back up to nearly 9%. And the dollar is now 67.4, the worst it has ever ...
The Rupee has closed at 66.12 on Tuesday, the highest exchange rate ever. FIIs are starting to pull out. Data till yesterday (SEBI) shows that FII pullouts are ...
NSEL has defaulted a second time, this time paying out just Rs. 12.60 cr. after last week’s payment of about half of what it should have paid (Rs. 174 cr.) ...
The Food Security Bill has been passed and markets don’t like it. Banks are down 5%. Everything has crashed across the table, except for IT. The dollar ...
Coming to you one day late, is the economic calendar for the week. Bond Auctions On Monday, 11,000 cr. worth of 48 Day Cash Mgmt Bills were auctioned at ...
National Spot Exchange (NSEL) Chairman Shankarlal Guru, whose son-in-law owns NK Proteins, a defaulter of Rs. 930 cr. to NSEL, has resigned saying “some bad ...
The Nifty has just made a lower high and lower low and rebounded back up. Well below the 50 and 200 day moving averages, the Nifty remains in bearish ...
Online sites and twitter are abuzz with talk about big rupee falls in the past, and how they seemed to have happened just about around elections. Between ...
In cheerful news, the Price to Earnings Ratio (P/E) of the Nifty is at 15.79, which at a Nifty value of 5471 gives us an Earnings Per Share (EPS) for the Nifty ...
