GOI FY20 Fiscal Update - likely to widen due to Corona measures

As per the provisional estimates for FY20 released last Friday, the central government has breached fiscal deficit target for FY20. The fiscal deficit as a percentage of GDP stood ..

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Has FMP saga taught anything?

Most investors thought of fixed maturity plans (FMPs) as something that was absolutely safe. After all, they were debt securities and the funds were locked in so there was no maturity m..

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Prabhat Diary sells 98% of the business, uncertain times ahead

Prabhat Dairy Ltd (PDL) announced on January 21, 2019 that the company has entered into definitive agreements with Tirumala Milk Products Private Limited (“Purchaser”), a wh..

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