đ In a surprise( but was expected in sometime) RBI Hiked Key Benchmark Interest Rate The Repo Rate by 0.40%. đ It also Hiked CRR (Cash Reserve Ratio- Percent of Banks total deposit that it needs to maintain as Liquid Cash), by 0.50%. Now banks will have lesser money to lend. RBI took these steps […]
There is a Bull Market which everyone hates. Yes you heard it right. Itâs rising commodity prices. It not only stokes Inflation but also squeezes Corporate profitability as input costs for Companies rises. And currently we are riding a commodities bull Markets. Be it crude Oil, Coal or Metals. Largely due to Ongoing Russia-Ukraine war. […]
Finite games are the one which have clear endpoint. Like Football, cricket etc. Infinite Games like business, politics & WAR, don’t have a clear measurable end point. – Simon Sinek. Russia has clear intent to have to Conquer Kyiv. But UKRAINE is Playing to outlast the war, Frustrate & wear out the Russian army. Coz they understand that’s the only way they […]
Challenge for India: The Big One which hurts the world: Russia is the second-largest oil exporter after Saudi Arabia and the world’s top producer of natural gas. It had an annual average of 10.5 million barrels per day (b/d) in total liquid fuels production. Oil price shot up over 7%, today and crossed the US$103 per barrel […]
Dashing hopes of a populist pre-election budget, this time FM focused on Core economy and its further revival. With GDP growth pegged at near 9%, one of the highest amongst large economies, FM tried to further strengthen it. India sees a 8-8.5% GDP growth in FY23. Projected 2021-22 real GDP growth at 9.2%. âFor an […]
đď¸ India Inc Continues to roll good and steady last Quater Results. Axis Bank yesterday declared stupendous results. Net Profit Soaring 224% (Y-O-Y). đď¸ But unfortunately we are stung by Global events. US Record High inflation is nudging US FED to come out and Increase Interest rates.( Stock Markets don’t like it. đ.) đď¸ Crude […]
2022 brought in Two thing, first one not so good, Omicron led third Covid wave in India, Secondly, quiet pleasantly it also brought back the sulked FII (foreign Institutional Investors) who have been selling out of Indian markets since April 2021. First 3 Trading days of 2022 saw FII buying back and itâs the reason […]
When World War 1 began in 1914, (1914-1918) US economy was in recession. But then started an economic boom as Europeans were purchasing US good for war. Further there was a massive US federal spending on war. Massive hiring on Govt. jobs and Military roles. Military Hardware and war specific products made a large chunk demand, eventually leading to a […]
We may not forget April 2020, when we woke up to rude shock of Franklin Debt Funds, Fiasco. Franklin announced abrupt closure of 6 of their Debt fund schemes. Over 25000 crores of investorsâ funds hung in limbo. Spooked by this, investors turned risk-averse, which resulted in massive outflows from Credit- Risk Funds. But for Franklin, […]