-
Why gold prices tanking to 2-yr low is good for equities, bonds
The sharp drop in gold prices in US dollar (USD) as well as Indian rupee (INR) terms is highly positive for asset classes of equity and bonds. The INR too will see strength as gold prices fall further. The primary reason for gold losing its lustre is that it has #Bonds #equities #Gold #HowThisWorks #yellow mettal
-
Don’t bet on market falling with Fed withdrawing liquidity
The benchmark US equity index the S&P 500 closed at record highs even as the Federal Reserves’ FOMC (Federal Open Market Committee) meeting minutes for March 2013 indicated that a few of the bank’s board members saw an end to quantitative easing by end 2013. Normally any indication of ending #Federal Reserve #FII #liquidity #ThisisNext
-
Infosys is ripe for a takeover
The Infosys stock price fell over 20 percent in one day on the back of weak revenue guidance by the company for financial year 2013-14. The company guided the market for revenue growth of 6-10 percent, which is below the industry body’s projection of 12-14 percent for the sector as #Infosys #Q4 results #SD Shibulal #WhatNext
-
Thane collapse to Ajit Pawar: Why accountability is a bad word in India
Three diverse issues but all of them have one primary character, lack of accountability. The first is the collapse of an illegal construction in Mumbai leading to 75 lives (still counting) being lost. The second is a statement made by the deputy chief minister of Mumbai, Ajit Pawar who ridiculed demands #Ajit Pawar #home buyers #India #InMyOpinion #Real estate #real estate sector #Sahara #Thane building collapse
-
India is in royal mess but after the pain comes the gain
India is in a mess at present, a mess that will take at least two more years to clean up (only partially). The gain to savers investing in equity and debt lies in cleaning up of the mess. However, the cleaning up process will cause pain, which is being felt #Bonds #equity #Infrastructure #TheLongView
-
CAD is high but currency markets will not panic over it
India’s record high CAD (Current Account Deficit) of 6.7 percent of GDP for the third quarter of fiscal 2012-13 is worrisome but definitely not a cause for panic for the rupee. For the record, CAD for the third quarter of 2012-13 at 6.7 percent of GDP was higher than the previous #CAD #ConnectTheDots #Debt #External Commercial Borrowing #GDP
-
Post-Cyprus truth: There is risk in banks, gold, realty
The average Indian is certain of three things apart from death and taxes. One is that banks in India cannot fail, two is that gold prices cannot fall and three is that real estate prices cannot fall. Indians have reasons to believe these three certainties of banks not failing and gold #Banks #Cyprus Bank Collapse #Gold #Real estate #ToWhatEffect
-
Hawkish RBI helps the govt but not the economy
“The headroom for further monetary easing remains quite limited” was enough for the Sensex and Nifty to fall by over 1.5 percent and for the 8.15 percent 2022 government bond yield to rise by 6 bps (100 bps make 1 percent). The markets are reading the Reserve Bank of India (RBI) #Mid-Quarter Policy review #Monetary policy #RBI #Repo Rate Cut
-
IIPM epitomises how Indian business looks at value
IIPM (Indian Institute of Planning Management) spent 60 percent of its revenues on marketing and 6 percent on professors. That is the reason why it is not seen as a great success. And IIPM is just one of the many trying to cash in on a huge population without delivering #IIPM #In My Opinion
-
Rate cut may not help but lack of it will worsen econ
The markets may have its views on whether the Reserve Bank of India will cut policy rates in its forthcoming policy review on 19 March. Usually, the market positions itself for such events according to its views and if the outcome goes against the position, it offloads the positions and #India #Interest rates #PolicyWatch #Rate cut #RBI