Comparison of 2003-07 Rally Vs 2013-Current

January 19, 2015

Indian StockMarket RallyA comparison of the current stock market rally with that of 2003-07 shows different path of the current rally versus the previous one. Some of the differences we spotted are (1) starting valuations of the two cycles, (2) global macroeconomic environment, (3) domestic economic cycle and investment climate and (4) earnings momentum. The current one will follow its own dynamics but a comparison is useful.

The 2003-07 rally started in the Read more

RBI Begins to Cut Interest Rate, How Much More ?

January 15, 2015

RBI Interest Rate CutIn an out of monetary policy review decision, the RBI today lowered the key benchmark repo rate by 25bps to 7.75% with immediate effect. Consequently, the reverse repo rate and marginal standing facility rate are also lowered by 25bps to 6.75% and 8.75% respectively. The cash reserve ratio (CRR) stands unchanged at 4%.

In the statement issued Read more

Niti Aayog – India’s Planning Commission 2.0

January 5, 2015

The government of India has revealed the structure of a new think-tank called NITI (National Institution for Transforming India) Aayog (Niti Aayog means Policy Commission in Hindi), which will replace the now dismantled Planning Commission (PC). The key objectives of the new body are as follows,

  • Unlike the PC, which focused on five-year plans, NITI Aayog will undertake more ad hoc and long-term policy advisory for the central and state governments.
  • The body will foster Read more

How are Bills Passed in Indian Parliament – Lok Sabha / Rajya Sabha ?

January 1, 2015

Breaking News - Exclusiveou all know with the May-16th Verdict of Lok Sabha being the people’s representation in the Parliament of India with 544 members. However, not everybody knows about how Rajya Sabha is constituted and its importance in running the nation.

The name of the second chamber in the Indian parliament (Rajya Sabha or Council of States) highlights its significance in India’s federal structure of governance. Members of the RS are elected by elected members of the state legislative assemblies Read more