RBI has announced a 1% drop in Cash Reserve Ratio (% of deposits that get deposited in RBI) and a 1% drop in the Statutory Liquidity Ratio (% of deposits in ...
A very Happy Diwali to you all, and hope y’all have a great year ahead. My last Diwali post needs a recap. A lot of stuff out there seems to have come ...
Michael Lewis: This hedge fund manager tried to short himself As the trading room filled with smoke, and acquired that only sweet smell I know that is not ...
What madness. Sensex closes around 8600, Nifty at 2550. We haven’t seen these levels for a long long time now, have we? We are now down 40% in a month. ...
Weird thing. Our systems – which end up being short or long, depending on the trend,are doing wonderfully in these markets. In the last couple weeks, we ...
RBI has relaxed the ECB regulations in a notice posted today: 3. Henceforth, ECB up to USD 500 million per borrower per financial year would be permitted for ...