Just a week after Moody’s had downsized India’s GDP growth for FY23, it has decided to hold the ratings and the outlook at the same level. It has maintained the rating at Baa3 and the outlook at Stable, indicating that risks from negative f

On Monday, 05th September, the price of Brent Crude spiked by 4%, although it has sobered down on Tuesday. Crude prices jumped on the back of expectations of a minor tilt in favour of the producers after the OPEC announced a cut in production. In fac

In a recent upgrade, global investment bank Morgan Stanley has highlighted Reliance Industries as its top pick in the Indian equity space. Morgan Stanley has also raised the price target for Reliance Industries from Rs3,015 to Rs3,085. That is nearly

It is already well known that Paytm has not had a very flattering performance post listing, having lost nearly two-third of its value. Now, One97 Communications, the company that operates the Paytm brand, has come under fire for being involved with t

Legendary investor Jim Rogers, who was one of the pioneers of investing in commodities and also a great bull on China, expects inflation and interest rates to go up further. According to Rogers, there is more of inflation still likely to manifest its

When Jerome Powell delivered his much awaited speech at the Jackson Hole symposium, the hawkishness was along expected lines but the extent of hawkishness was not. Powell was quite clear in his speech that the Fed would not relent in its fight agains

When the month of August 2022 started, there were strong apprehensions if the FPI flows of July would sustain in August. In fact, it has not just sustained in August but it has grown manifold. The scepticism was not hard to fathom. Between October 20

In any macro level policy analysis, there are two factors that matter. The first is inflation and the US inflation is something most traders are tracking. Equally important is the US quarterly GDP growth, which is normally given less weightage, but h

While the 3 day Jackson Hole symposium will start on 25th August and conclude on 27th August, the big item on the agenda will be the speech by Jerome Powell. His speech is slated to be delivered on the last day of the 3-day gathering. Jackson Hole is

The global energy market is in a state of flux. Europe is gradually getting engulfed in one of its worst energy crisis in recent times. In addition, Saudi Arabia has cautioned that the OPEC may cut supplies in its latest meeting to align the demand a

After a gap of almost 15 months, the RBI finally lifted the ban on American Express on the issue of fresh cards and onboarding of fresh customers. Amex has been under a ban since May 2021 for violation of data storage norms laid out by the government

The 2-day Fed meeting concluded on 27th July and the minutes were published after 21 days on 17th of August. It may be recollected that the Fed has already hiked the Fed rates by 225 basis points in the last 4 meetings since March. Out of this 225 bp