The Reserve Bank of India has cut the Cash Reserve Ratio (CRR) for banks, as a percentage of deposits, to 5.5% from the earlier 6%. This is, they say, to ...
Two things are expected of the RBI today, in their monetary policy statement. One, that it will not raise interest rates – a stance taken already in end ...
The week ended Jan 20th has seen the market up more than 9% for the month, in a recovery that is as stunning as it was unexpected. With 2011 going down more ...
IPOs have gone down massively in the recent past (see IPOs largely suck in 2010-11) and a large number of them have gone down over 80% from listing prices. ...
Vodafone has won the case against the Income Tax department, with the Supreme Court ruling that the IT department has no jurisdiction to tax Vodafone. Vodafone ...
The last time Reliance bought back shares was in 2004-05, when they bought just Rs. 150 cr. worth shares. The actual announcement was in December: Max amount ...
Reliance Industries has said it will consider a share buyback in its Friday board meeting, and the stock went up 5% to 780. The theory is that Reliance will ...
Bespoke Investment Group has an interesting chart on the Baltic Dry Index (BDI). According to FT, the drop is due to an anticipated increase in the number of ...