Other Reports

View Report
Friday, July 5, 2019
The Government stuck to it’s fiscal deficit target for FY2020 despite a significant shortfall in revenues collections for FY19. Gross tax revenues for FY19 fell way short of expectations at ` 20.8 lakh cr. as compared of revised target of ` 22.5 lakh cr. As a result net tax revenue came in short at ` …
Tuesday, July 2, 2019
Given recent slowdown in the economy there are expectations from the final budget would contain further stimulus measures to boost the economy. With the RBI finally realizing that inflation is subdued they have cuts rates by 75bps so far in 2019. However transmission of policy rate cuts has been an issue and so far there …
Saturday, February 2, 2019
As expected, this interim Budget turned out to be much more than expected. There was a fiscal slippage in FY19 to 3.4% against budgeted estimates of 3.3%, though it was less than market estimates of 3.5%. However, fiscal deficit for FY2020 at 3.4% was ahead of market estimates and significantly ahead of 3.1% as mandated …
Saturday, February 2, 2019
As this is an election year, the government will be presenting an interim Budget instead of a regular Budget on February 01, 2019. Convention dictates the government to seek a Vote on Account with a new government presenting the regular annual Budget in July 2019. While convention also dictates that there are no major policy …
Friday, February 1, 2019
As expected, this interim Budget turned out to be much more than expected. There was a fiscal slippage in FY19 to 3.4% against budgeted estimates of 3.3%, though it was less than market estimates of 3.5%. However, fiscal deficit for FY2020 at 3.4% was ahead of market estimates and significantly ahead of 3.1% as mandated …
Thursday, January 31, 2019
As this is an election year, the government will be presenting an interim Budget instead of a regular Budget on February 01, 2019. Convention dictates the government to seek a Vote on Account with a new government presenting the regular annual Budget in July 2019. While convention also dictates that there are no major policy …
Friday, February 2, 2018
The budget for 2018-19 has reinforced the government’s agenda to bring reforms and improve macros. The FM maintained FY2018 fiscal deficit target of 3.5% and has set a target of 3.3% for FY2019, which is slightly higher than the earlier target of 3%. However, with improving tax compliance and GST collection, the target looks achievable. In …
Thursday, February 1, 2018
GAIL (India) Limited (GAIL) is an integrated energy company in the hydrocarbon sector. GAIL is engaged in the exploration, production, processing, transmission and marketing of natural gas value chain and related services and also produces petrochemicals and LPG gas. On the Kochi-Mangalore-Bangalore pipeline front, Gail has already commenced the 100% construction of the pipeline and …
Tuesday, January 23, 2018
Will the budget focus on fiscal maths, election or inflation? The Finance Minister (FM) Arun Jaitley will present NDA’s fourth budget under the current term on February 1, 2018. This year FM faces a unique dilemma of balancing growth and inflation amid rising crude oil prices and bond yield. We believe that the government is …
Tuesday, January 23, 2018
ICICI Bank is among the largest private-sector banks in India with an asset base of `7.6 lakh cr as on December 31, 2017.ICICI Bank had a sizeable networth of Rs 97514cr and a healthy Tier-I capital adequacy ratio (CAR) of 13.3% and overall CAR of 16.7% under Basel III as on December 31, 2017, making …
Tuesday, January 23, 2018
Mindtree Ltd is an international information technology consulting and implementation company that delivers business solutions through global software development. Growth in realisation was attributed to some of its large projects shifting from the transition stage to steady state and lower number of working days because of furloughs and leaves in some of its fixed-price projects. …
Tuesday, January 23, 2018
V-Guard Industries Limited (V-Guard) is an India-based company engaged in manufacturing, trading and selling of electronic products. V-Guard has been a dominant player in the southern markets and continues to make significant investments to increase its distribution network across the country with an aim to become a pan-India player. The next level of topline growth …

Trade like a pro

DOWNLOAD ANGEL BROKING APP

Trade like a pro

DOWNLOAD ANGEL BROKING APP

Open an account
Open an account