RBI may have opted to hold status quo on repo rates in its August monetary policy but the real action was outside the repo announcements. The RBI allowed personal loans to be restructured once without impact on credit rating and extended a similar facility for solvent corporates too. The RBI also expanded the

  With the growth of Technology, Cyber Crimes too have grown. These crimes aim at stealing your sensitive information and comes in various forms. It is important to be aware of such fraudulent acts and stay alert to protect yourself. How these Frauds occur? Smishing • A practice of sending Text Messages or MMS (Multi Media Messages) purporting

  According to a report by ICRA, Indian pharma industry could clock growth in the range of 4-6% in FY21. After double-digit slump in April and May, the sector grew by 2.5% in June as demand for generics picked up across the world due to the pandemic and even the USFDA adopted a more liberal

  The big question in the global technology market is whether Bytedance, the owner of the Tik Tok brand will allow Microsoft to take over its US business. Satya Nadella has hinted at a payment in excess of $40 billion for the US business of Tik Tok. That would be top dollar since Bytedance has

  Wockhardt has struck a deal to supply millions of doses of COVID-19 vaccines to the United Kingdom. This will also include the vaccine developed jointly by AstraZeneca and Oxford. UK has gone aggressively to secure vaccine supplies. The UK government has also reserved 1 fill-and-finish production line at Wockhardt subsidiary in Wales for this

Trigger for the Week How will it impact? Daily COVID afflictions cross 55,000 mark during the week The COVID cases have spurted with more aggressive testing and could mean delays in Unlock 3.0 Nifty 11,200 will continue to be the resistance for the markets Despite repeated attempts, Nifty has been unable to scale beyond 11,200

  The meeting of the RBI Monetary Policy Committee (MPC) will commence on 04 August and conclude on 06 August, culminating in the monetary policy announcement. The RBI has cut rates by 115 bps post COVID-19 of which 72-85 bps has been transmitted to borrower; an all time record. Experts reckon that this could be

News Announcement Impact Analysis Core sector output for the month of Jun-20 shrinks by (-15%) There has certainly been an improvement with the contraction abating in the last three months Like in May, seven core sectors reported contraction in June with only fertilizers reporting positive growth June mutual fund inflows up almost four-fold at Rs.700

  The Nifty may have closed the week below the psychological resistance of 11,200, but the rally has still been quite strong. Over the months of June and July 2020, the Nifty rallied by 16% with the gains divided equally between the two months. What were the triggers for the Nifty rally; the best 2-month

  The latest half year report of the World Gold Council (WGC) has brought out some interesting trends in gold demand across the world. The overall demand for gold is down 6% at 2076 tons in the first half of 2020. That is not a surprise considering that gold prices are at an all time