On July 08th 2018, SEBI issued regulations pertaining to Mandatory Dematerialization for transfer of securities. Please note that these regulations only pertain to transfer of …
The good news is that the rate hike may have been front-ended…
While the bond markets had factored another rate hike during calendar year 2018, they had really not bargained for two rate hikes in succession. But, …
Looking back at 1 year of GST Implementation…
On July 01st 2018 the Goods and Services Tax (GST) completed 1 full year of implementation. A total of 28 meetings of the GST Council …
What the Italian political crisis means for Indian markets?
The best gauge of economic worries in any country is the bond yields. When bond yields move up sharply in a very short time, then …
What happens if the RBI increases interest rates?
From the time the minutes of the last monetary policy were announced in the third week of April 2018, the bond yields on the 10-year …
April Monetary Policy maintains repo rates and holds neutral view…
The monetary policy announced by the MPC on April 05th had little by way of surprises. There was almost a consensus among the bond traders …
Government settles for a lower H1 borrowing program…
When the government announced its H1 borrowing programme for 2018-19, two things stood out. Firstly, the first half borrowing in the coming fiscal is likely …
Is the Trade Deficit and the CAD really a worry?
Quite often the trade deficit and the current account deficit (CAD) are used interchangeably. There is a subtle difference between the two. While trade deficit …
Implications of Fed Meet outcome…
When the US Federal Reserve meeting concluded on Wednesday, there was little by way of surprise as the 25 basis points hike was already factored …
Impact of U.S. Import Tariffs on Global Trade…
Recently, there was a major furore when Donald Trump proposed import tariffs of 25% on Steel and 10% on aluminium imported into the US. That …