When the US inflation for Jan-22 came in at a 40-year high of 7.5%, the inflation in India was expected to be close to the 6% mark. If Dec-21 CPI inflation at 5.59% was 58 bps higher than Nov-21; then Jan-22 CPI inflation spiked by another 42 bps to

Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes. Such

As Indian aviation companies struggle under mounting losses and a lag effect of the pandemic, the old debate of including fuel under GST is back on the table. In fact, the Finance Minister, Nirmala Sitharaman, hinted that the GST Council planned to t

After surprising the street with 6.2% inflation in Nov-21 and 7% in Dec-21, the US reported retail inflation at a whopping 7.5% in Jan-22. This is the highest level of inflation recorded in the US in the last 40 years and these levels were last seen

In India, most investors trust the Bombay Stock Exchange for stock trading. The exchange portal provides access to a diversified portfolio of stock options belonging to Indian conglomerates and multinational business clusters. Under the Finance Minis

In a significant boost for the government’s “Make in India” campaign, it has announced a ban on import of foreign drones. The manufacture of drones in India is already a priority item that is covered under the Production linked Incentive (PLI)

One of the best gauges of equity market participation is the total collections of securities transaction tax (STT) by the government. As you are aware, STT is collected on all stock market transactions including transactions in stocks, equity futures

When the RBI presented the monetary policy on 10th February, it was amidst an interesting combination of events. On the one hand, domestic inflation was on the way up while on the other hand the US Fed was getting increasingly hawkish. In between, th

The high profile decision by the Vedanta group around 3 months back to restructure its entire business has been put off for the time being. The founder of the Vedanta group, Anil Agarwal, confirmed that the group has decided not to undertake any majo

Nifty has witnessed a sharp correction at the start of this week and it almost tested 17000 mark in the follow up selling on Tuesday. However, the indices recovered sharply from the low of 17040 and has ended tad below 17500 ahead of the weekly expir

Oil has been volatile in the last few days with a strong upward bias. Just a couple of days back, oil had scaled to an all-time high of $95/bbl in the Brent Crude market. However, after touching a 7-year high, the price of Brent has scaled back to th

In a rather surprising move, the RBI has chosen to cancel the mega bond issue that the government was planning on 11th February. The plan was to issue bonds worth Rs.22,000 crore on 11-Feb, but the government summarily announced the cancellation of t