20L crore fiscal stimulus announced - Devil is in details
Posted on 13 May 2020The headline no of the gross fiscal package of Rs20 L crore / 10% of GDP is impressive. A part of this package ( around 5% GDP) is already under implementation through RBI's pre-announc..
Read More 30% cap on margins for trade generics
Posted on 02 Dec 2019According to media report (link), stakeholders (pharma lobby groups, industry associations etc.) have broadly reached a consensus with the drug pricing regulator to cap trade margins fo..
Read More Adani Gas open offer - A special situation risk-free trade
Posted on 26 Nov 2019
Acquirer Total Holdings SAS has announced an open offer to acquire upto 27.71cr shares (25.2%) of Adani Gas at an offer price of INR 149.63. The offer is subsequent to the acquirer ex..
Read More Business Responsibility report - a new regulatory norm for micro-cap companies!
Posted on 25 Nov 2019SEBI last week decided that it wants the top 1,000 listed companies by m-cap to provide a business responsibility report to investors along with their annual report instead of the earli..
Read More ECB Dec’19 Meeting Preview: All eyes on Lagarde’s debut
Posted on 12 Dec 2019In the final ECB meeting of the day, new chief Christine Lagarde will be overseeing her first monetary policy announcement as ECB president. She is likely to maintain status quo on bein..
Read More ECB meeting minutes review: ECB On wait and see posture and Draghi urged unity on inflat..
Posted on 22 Nov 2019The European Central Bank released the minutes from their October meeting which suggested a wait-and-see stance and Mario Draghi signed off with a call for unity on its main aim of boos..
Read More Electronic toll gets a boost
Posted on 28 Nov 2019
The Ministry of Road Transport and Highways (MORTH) has directed National Highways Authority of India (NHAI) in July 2019 to make all lanes of all NH toll plazas as FASTag lanes. Exce..
Read More FOMC June'20 Meeting Review - Lower rates forever!
Posted on 11 Jun 2020Highlights of the June 10, 2020 FOMC interest rate decision
Will increase holdings of bonds 'over the coming months' at least at the current pace to smooth markets
Buying will conti..
Read More IMD 2nd Monsoon update - Off to a good start, on track
Posted on 04 Jun 2020IMD in its second forecast update, upped the forecast of this year’s Southwest monsoon to 102% of Long period average (LPA) compared to 100% announced earlier in April. Implying a..
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