There are some interesting economic developments happening in India. The Reserve Bank of India (RBI), cut interest rates by 125 basis points during the last year, while the Nikkie India manufacturing PMI index showed a sharp increase to 52.4. There was a sharp rise in new orders, as the manufacturing index rose to an eight month […]
The paint and dye stuff is a segment in the broacd chemical industry. The industry in itself has experienced some major growth in recent years. The Indian paint industry has undoubtedly achieved a remarkable success and has set standards for itself to compete with the global standards. Classification of Paint Industry The paint sector is […]
Recently the consumer food giant Unilever Plc made an open offer to its Indian subsidiary Hindustan Unilever Ltd. (HUL) to raise its stake to 75%. The stake of 75% will be a result of undoing what government had done decades ago. Decades ago the Indira Gandhi government introduced the Foreign Exchange Regulation Act also known […]
Why is Steel Authority of India a Buy for us For Steel Authority of India it might be the tough time but being patient and waiting for a cyclical turnaround might be profitable for you. We reiterate a BUY for the stock. Talking of the performance we see faltered domestic demand remains a concern, but there […]
Declining Indian Industrial Output It is needless to say that the core Industries is India’s lifeline. The industries are slipping badly marking a threat to the economy. The Index of Industrial production shows a decline in several outputs like electricity. There has been shortage in coal and gas production, which is partly to be blamed […]
BASEL II BASEL II is a new capital adequacy framework designed by the BASEL Committee of Banking Supervision. It is mandated for all the scheduled commercial banks in India by the apex bank, Reserve Bank of India (RBI) to safeguard the banks from going bankrupt and to help them maintain adequate liquidity. BASEL Capital Accord […]