When the selection and fee payment of auditors, credit rating firms and independent directors is decided by the management/promoter shareholders, it is obvious that their loyalty will be towards the latter.
The Congress manifesto will reinforce investor fears about populism.
Supreme Court may have given the power sector some leg room but the environment is not conducive for deals in the sector
Despite being late off the blocks, Congress has managed to put up formidable candidates in almost every constituency.
The Congress-JD (S) alliance would predictably make a difference but the odds are still in favour of the BJP.
With RBI committed to injecting required liquidity in the system, short-term rates are expected to ease in line with expected rate cuts.
We expect domestic growth impulses could remain soft at least for the next two quarters
It would inject liquidity in the banking system, reduce the statutory cost of deposits for banks and help them reduce lending rates
FMCG stocks have been expensive for long. The fear is that slowing sales growth could trip them but the real risk is an external one
Fulfilling a lot of promises will not be easy for the Congress, but the manifesto has given the party an opportunity to build a larger narrative.
The absence of the Left parties from the anti-BJP grand alliance means that votes in their pockets of influence will be divided, which will inevitably help the BJP.
Flat Philips curves and an inverted yield curve are giving headaches to policymakers
But future expectations at 7-month high indicate need for caution.
The circular was important to break the cycle of extend and pretend that has been the hallmark of the Indian banking system for quite some time. Bankers were content to kick the can down the road and delay the recognition of bad loans and show rosy bottom line numbers.
It would be best to book some profits in banking stocks ahead of the monetary policy announcement.
The renegotiated US trade agreements include a clause for nations to notify the US about any trade arrangement with China.
Netflix takes a unique turn in India, offering a low priced mobile-only offering in a bid to grow its base of subscribers. Others in different sectors have gone down that road.
It is not at all clear if the elections will yield a dispensation that will encourage inclusion and not exclusion.
For Chandrashekhar Azad, fighting against Modi is not just about contesting the PM, but also about establishing himself as the next generation icon for Dalits.
There is a distinct lack of interest in new investments and the private sector isn’t even enthusiastic in reviving stalled projects
China's surprise upturn in manufacturing activity is good news for the global economy and more particularly for Indian metal stocks
It is important to acknowledge that India had a near currency crisis in 2013, largely due to the unsustainable level of fiscal deficit in the preceding period.
Rahul Gandhi’s choice of Wayanad, despite the protest from the Left, will put to rest the BJP’s theory that the Congress and the Left have a ‘secret understanding’ in some seats in Kerala.
Staying within our zone of familiarity is particularly detrimental in investing
The market today is very different from what it was in 2008, when currency derivatives created mayhem