Daily Market News – Aug 10th

  In a major step towards Atma Nirbhar or self-reliant India, the defence minister Rajnath Singh announce the list of 101 defence items in which imports will be banned. Hence, the Indian defence establishment will be required to buy this equipment only from Indian suppliers. This is an opportunity for the defence research laboratories to

Weekly Capsule (Aug 03 – Aug 07)

News Announcement Impact Analysis RBI retains repo rates at 4% and reverse repo at 3.35% in August policy The decision to maintain status quo on rates was driven by retail inflation consistently above the 6% comfort zone The RBI also wanted to wait for the transmission of rates to take full effect before further rate