The RBI will buy Rs. 10,000 cr. of rupee bonds from banks in an Open Market Operation (OMO) Auction on Jan 20. Why is the RBI buying bonds? Because it’s ...
The Trade Deficit for December 2015 widened as Indian Imports increased more than exports. The trade difference has also expanded due to increased Gold imports ...
Portugal has done the unthinkable, apparently: forced bond holders of one of their banks to take a hit. (Bloomberg) Novo Banco was a bank created from the ...
The Government has decided to encourage startups through a number of changes they have outlined in an action plan that will help early stage companies do ...
While December 2015 Inflation came in at 5.6%, the highest since September 2014, we think the data suggests this move is temporary and that inflation may ...
The Index of Industrial Production (IIP) for November 2015 came in at -3.2% which should be a real cause of worry except for: The Diwali Effect. We wrote about ...