At the start of December 2021, Brent Crude was at just about $69/bbl. Over the next 48 days, Brent has moved up by a whopping 26% to $87/bbl. In fact, for the last 4 weeks in succession, Brent crude has closed with gains. In a way that is ironic beca

On 17th January when the price of TCS touched a life-time high of Rs.4,045, the market capitalization of TCS scaled up to Rs.15,00,000 crore or Rs.15 trillion to put it more succinctly. With the US$ at around Rs.74.43/$, the market cap of TCS in doll

There is a virtual competition among the Indian states to roll out the red carpet to welcome Elon Musk of Tesla to set up an electric car manufacturing facility in their state. For any Indian state, getting Tesla to invest in their state would be a c

India’s second largest oil and gas extractor, Oil India Ltd, has decided to exit the global shale industry altogether. Shale is the oil and gas that is found embedded in rocks, which actually triggered the Shale revolution in the US since 2011. The

It was a record breaking first fortnight of Jan-22 for Indian bonds. Indian companies raised a record $6 billion via bonds in the offshore market in the first 2 weeks. This shows the confidence that global investors have reposed on Indian debt paper,

Among the large economies in the world, one of the most awaited GDP numbers is the Chinese GDP. After all, China accounts for more than 50% of the world demand for steel aluminium, copper and zinc. Name any capital equipment or consumer item and Chin

Asian stocks are having a mixed day on Monday 17th January. There is not clear Asia-level trend but there are very diverse country-specific trends that are emerging. The big data points for Monday are the China fourth quarter and full year GDP number

Chief ministers as state leaders have to portray a positive image of the state to the people. When Karnataka Chief Minister, Basavaraj Bommai, exuded confidence about Karnataka playing a pivotal role in Indian GDP touching $5 trillion, there was a se

For the month of December 2021, the merchandise trade deficit came in at $21.68 billion. The deficit levels have sort of held above the $20 billion mark over the last few months, which has been a matter of worry as it has expanded the current account

The Vibrant Gujarat Summit 2022 has seen billions of dollars being committed to the state. Most of the commitments came from two of India’s biggest industrial houses, which have their base in Gujarat. The Mukesh Ambani led Reliance group and the Ad

The stock of Sun Pharma recently touched a price of Rs.860, showed a long term break out on the charts. This happened with a long bullish candle, showing signs of a possible bullish break out with volumes. But a better way to ratify such decisions is

There was a sense of irony about the extremely positive buy call on Tata Steel coming from JP Morgan. This comes just a few days after Jefferies had virtually called an end to the steel stocks rally in India. In fact, the latest note by JP Morgan has