Bank credit growth lowest since October 2017, supply-demand situation may normalise by June 2020; all this and more on Moneycontrol Pro

Finally, some great news! India’s fastest-growing financial subscriptions service, Moneycontrol Pro, is available both on the website and mobile apps. Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations. In sum, all the information you need for wealth creation. Karvy ban – the damage may be contained, but trust has been broken Just when markets were getting over scams and misreporting from the banking and NBFC sectors, another scandal has broken out in its own backyard, that too by one of the biggest and most reputed registrars and brokers in the country. Read here for what it means for already fragile investor confidence in the financial sector. [caption id=“attachment_6847201” align=“alignleft” width=“380”]  Representational image[/caption] Chart of the Day | Bank credit growth lowest since October 2017 Non-food credit, or bank loans other than to the Food Corporation of India (FCI) for their crop procurement operations, is now growing at its slowest pace in two years. The last time growth was so low in the aftermath of demonetisation and the introduction of the Goods & Services Tax. Read here to know more. Policy | A cautious beginning to labour reforms There is no doubt that in pursuit of its $5-trillion economy dream the government needs to overhaul its archaic labour laws to give flexibility to industry in hiring so that it could flourish and eventually create more jobs. While industry deserves flexibility in the hiring and firing of labour, they also need to own up to the responsibility that this flexibility brings with. Read here to know why a balancing act is crucial to ensure the labour reforms’ intended benefits accrue to the country. Will RBI’s superseding of DHFL board help debt funds and investors recover their money? As of May 2019, DHFL was widely held across 179 debt fund portfolios among 23 asset managers. While some of the repayments were made, at least 14 asset managers still have some pending bonds with values written down to almost nothing. What does the supersession mean, why is it critical for investors, what can the RBI move achieve and if you are a debt fund investor, what should you do in future to minimise the impact of such risks? For answers, read here. LifeHacks | Five digital hacks to become a Gmail power user Everybody knows how to send emails on Gmail. But that’s not all that you can do with it. Here are five digital hacks you may find useful, right from creating email templates to workflow automation. Read here to know more. Ideas for Profit | After the corporate tax cut, this stock has been one of the best performers This consumer durables’ company did well in the September quarter, with robust sales growth, benign raw material costs and a lower corporate tax rate contributing to a significant jump in earnings. A sharp rally in its shares does mean that the near term upside may be limited. What should investors with an eye on the long term do? Read here to know our research analyst’s view. HEG Q2: Supply-demand situation expected to normalise by June 2020 HEG has been affected by weak global demand in steel and auto industries and higher graphite electrode supplies from China. That has led to a situation where there’s a squeeze on the sales front even as a key raw material’s cost remains firm. Margins are getting squeezed in between. What does all this mean for HEG’s prospects? Here’s our research view on the subject. Picks from our technical analysts (Please click on security name to access recommendations) Graphite HDFC Infosys Grasim