Let Local be our Future

India is a net importer of goods and services and that keeps our currency under pressure. In 1900, the Dollar to rupee rate was 1:1, which means one dollar was equivalent to one rupee. So, our currency had good value in those days. Now we are at $1= Rs 76. If...

In Current Scenario, Why Equity is the Best…

The global stock markets have crashed in a big way in the last two months. The pain is too fast and too much in such a short span of time. The markets are discounting a prolonged phase of shutdowns of economic activity. Not in all cases, but in many cases...

COVID – 19 impact on Indian stock market

Indices & Stocks in the month of March 2020 shown high volatility as an impact of Coronavirus Pandemic escalated across India. Globally all asset classes; equities as well as fixed income saw heavy sell off impact. Indian markets also witnessed selling pressure from FIIs, FPIs & DIIs in past few...

Shortfall in GST Collection

State governments are unlikely to get the full compensation promised for shortfall in goods and services tax (GST) collection as the finance ministry says the amount will be given only through money collected from the cess imposed for this purpose. A key ministry official said states should agree to hike...

Big Burden on TELECOM Companies

The upcoming spectrum auctions would generate Rs 40000-50000 crores as upfront revenue and along with the license fee of Rs 20000-25000 crore and spectrum usage charge, the government would fetch around Rs 75000 crores. The Government has budgeted 1.33 lakh crores for 20-21. It means the government is factoring in...

Pipeline Network: GAIL

The Oil Ministry has moved a cabinet note seeking approval of state owned gas utility GAIL India's pipeline business into a separate entity for a possible sale to a strategic investor at a later date. It owns around 12160 km pipeline network, about 70% of the total all India gas...

Center keen to make India An Electronics Manufacturing Hub

The Centre is readying a Rs 45,000-crore fund in an aggressive push to ensure big firms such as Apple, Samsung, Huawei, Oppo, and Vivo, besides contract manufacturers like Foxconn and Wistron, bring their global supply chains to India and make the country an electronics manufacturing hub in the next five...

RBI has a tough decision to take.

Inflationary pressures are rising. Food, Telecommunication, Fuel have risen. Prices of Cement, Steel have also risen a bit. If the prices remain elevated, RBI may have to raise rates, if not in this meeting, may be in the next six months. Ideally, if they want to nip inflation in its...

Government’s continuous disinvestment

The Government's continuous disinvestment program through ETFs and other ways has kept the valuations of PSU companies at very low levels. The Government should find an alternative route to hand over a major chunk of stake to a private player, get them on board to mange the company professionally. So,...

Last Mile Usage of Bank Loans

Indian banks have fast-tracked the process of roping in monitoring agencies to track last mile usage of bank loans to plug siphoning of bank funds. There are as many as 500 stressed loan cases where banks have roped in agencies or are in the process of doing so to monitor...