One of the biggest casualties of the coronavirus pandemic in March 2020 was the aviation sector. As country after country imposed restrictions on international flights to curb the spread of the virus, the aviation sector began to feel the pinch. According to the International Air Transport Association (IATA), air traffic demand for international travel dropped …
Stock indices globally saw fresh highs, including Wall Street and India’s own Dalal Street, as reflation trade has gathered pace. Reflation trade happens when there is the prospect of growth following a badly hit economic loss. The reasons for the reflation push include positive developments such as the coronavirus vaccine rollouts progressing, the hope of …
Margin is a specific amount that an investor needs to pay to the broker before a trade is executed. The upfront payment of margin was brought in to ensure that it covers any failure on the part of the trader to pay for the shares or contract in the case of futures and options. Margins …
The markets have largely maintained their bullish run over the past several months, although there have been some corrections and breathers from time to time. The announcement of the retail inflation touching a 16-month low in January is expected to sustain positive sentiment in the market. Early trading on February 15, Monday, already shows the …
In opening trade on February 12, the rupee gained by 10 paise to touch 72.77 against the US dollar. The rupee hit a near one-year high as it touched 72.65 against the US dollar a day before. So, what does the strength of the rupee mean to the markets? If you have noticed past INR …
The world witnessed a financial revolution in the last decade. The changes had a deep impact on the nature of money and the way it flowed from one person to another. The world was introduced to Bitcoin, a type of cryptocurrency, in 2009. Bitcoin and the other virtual currencies that followed Bitcoin found many takers …
The National Stock Exchange (NSE) has come down strongly on stock brokers who are looking at ways to fund margin needs of their clients through arrangements with non-banking financial companies (NBFCs) either in direct or indirect ways. The markets have been on a bull run and on the back of this buoyancy, many brokers have …
The recent Union budget proposed plans to target a fiscal deficit of 6.8 percent of the Gross Domestic Product (GDP) for the coming financial year 2021-2022 and consequently reduce it to 4.5% by financial year 2025-2026. For a developing country like India, the proposed deficit targets seem far from liberal. While the government projects a …
At the beginning of February 2021 itself, India set a record for crossing the 60 lakh figure for the Covid-19 vaccine administration in 24 days, the fastest in the world. Although 9,110 new Covid cases have been reported in recent days, the number was lower than that of recoveries (14,016). This amounted to the total number …
The recent Budget 2021-22 has brought the spotlight back on the government’s disinvestment and privatisation plans. The Finance Minister, in her Budget, announced the disinvestment of the government stakes in two Public Sector Banks (PSBs) apart from one general insurer, apart from disinvestment of IDBI Bank. The markets reacted positively to the Budgetary announcement pertaining …
