DHFL – Understanding the Crisis
Dewan Housing Finance Corporation Ltd (DHFL) had a bad last month with series of defaults/delayed payments, downgrade of debt papers to default grade, sale of some of the assets and…
Weekly Round Up – Week 26
Major events for the week are tabling of report on black money in the parliament, SEBI’s tightening of rules for mutual funds, continued trouble at DHFL, initiation of insolvency proceedings…
Weekly Round Up – Week 24
The week saw important developments in the financial services sector with debt repayment by DHFL, issue of new rules by SEBI for credit rating agencies and resignation of auditors of…
Revisiting NBFCs (Non Banking Finance Companies)
NBFC sector has been receiving intense attention, most recently due to default by Dewan Housing finance Corporation Ltd (DHFL). The trouble which began about a year ago with the default…
GDP Growth – FY19 Performance Analysis
GDP growth declined for fourth successive quarter, reaching a level of 5.8% for quarter ended March’19, as per the data released by MOSPI recently. This is also the lowest quarterly…
Modi’s Comeback! – The Economic Rationale…
NDA coalition led by Prime Minister Narendra Modi has made an emphatic comeback after a bitterly fought and a vitriolic campaign! Despite the distress in rural economy, joblessness and disruptions…
Tata Steel – Understanding the Strategic Realignment
The decision to call-off the joint venture with ThyssenKrupp is quite a setback for Tata Steel trying to reduce its global exposure. Yet, it is an interesting phase for the…
Weekly Round Up – Week 20
It was an eventful week with number of international news, most notably US China trade war, European Commission’s fine on banks for forex rate manipulation and Tata Steel-ThyssenKrupp calling-off their…
Index of Industrial Production (IIP) – FY19 Performance Analysis
Index of Industrial Production (IIP) recorded growth of 3.6% for the year ended March’19 as per the data released by MOSPI last week. The growth is markedly lower than average…
Understanding the Dynamics of Oil Market – OPEC+ and Beyond
Oil prices continue to gyrate declining over last two weeks after rising by over 40% during Dec’18-April’19. Its movement before that too has been equally intriguing. While price appears to…