RBI leaves repo rate on hold, cuts CRR RBI Policy 2012 full text

Introduction Over the last quarter, policymakers around the world have confronted increasingly difficult challenges. Globally, even as the growth momentum has slowed, governments have had to manage the balance between fiscal consolidation and growth stimulus amidst visible signs that the two objectives are in conflict with each other. As the advanced economies (AEs) deal with … Read more RBI leaves repo rate on hold, cuts CRR RBI Policy 2012 full text

RBI Cuts CRR by 25 BPS mid quarter monetary policy review

Monetary and Liquidity Measures On the basis of an assessment of the current macroeconomic situation, it has been decided to: reduce the cash reserve ratio (CRR) of scheduled banks by 25 basis points from 4.75 per cent to 4.50 per cent of their net demand and time liabilities (NDTL) effective the fortnight beginning September 22, … Read more RBI Cuts CRR by 25 BPS mid quarter monetary policy review

FII inflows explained

Despite the policy paralysis and slowdown in the economy, FIIs have invested their highest ever amount on a year-to-date basis in 2012. According to a report by BNP Paribas titled ‘Solving the FII riddle’ authored by Manish Raychaudhuri and Gautam Mehta net FII investments till early August 2012 in the country stood at $10.7 billion. … Read more FII inflows explained

Nifty Weekly Chart Analysis for Week Beginning 03 September

GAAR panel draft report came up yesterday and the changes proposed by Shome panel are market friendly. Read the report by clicking on the link. Fed chairman at Jack Holes did not disappointed the market by saying QE 3 on cards but did not announced at Jack’s Hole meeting. Read the Fed speech by clicking … Read more Nifty Weekly Chart Analysis for Week Beginning 03 September

Defer GAAR till 2016-17: Shome panel

Foreign investors have been offered long-term certainty in tax laws, including postponement of the controversial general anti-avoidance tax rules (GAAR) until at least 2016-17. A committee set up by Prime Minister Manmohan Singh to examine all aspects of taxation of foreign investors has also recommended that tax certificates issued to them by the Mauritius government … Read more Defer GAAR till 2016-17: Shome panel

Coalgate Scam: Rs 1.86 lakh crore ‘Coalgate’ loss

Another Scam Rocked India Today Colgate Scam. So here are some compiled facts about CAG but before going through it just look at the below picture which depicts what 1.86 lakh cores can do to India.     So here are 10 facts on the issues that CAG has blasted the government over: 1. In … Read more Coalgate Scam: Rs 1.86 lakh crore ‘Coalgate’ loss

FII Derivative Data Analysis for 10 August Trade in Nifty Future

IIP data came in -1.8% worse than expectation,reminding us that Indian Macros are rotting. So now we have typical situation Major Brokerages are downgrading Indian GDP data, India twin deficit are increasing still markets have been rallying from 5033 Nifty. This question troubles many traders how come market go up when things are looking so … Read more FII Derivative Data Analysis for 10 August Trade in Nifty Future

Market Reaction after Draghi speech – Gravity Bites As Draghi Serves Cold Plate Of Epic Disappointment

As Draghi began to speak the EUR rallied, EGBs rallied and ES rallied – last minute hopiness wrung out of the system, but as soon as he explained that his plan to promise a plan which plans to promise a solution was nothing but another promise and not an actual plan, so everything reversed. S&P futures … Read more Market Reaction after Draghi speech – Gravity Bites As Draghi Serves Cold Plate Of Epic Disappointment