March Trade Data

Trade Deficit narrows, but is it sustainable?   The March Trade data announced during the week had some major positive indications. The exports showed a positive trend on a month-on-month basis while imports of gold were down. Trade deficit came down substantially to a little above $5 billion and is almost entirely compensated by the…

Sun Edison Falls

What it means for the future of Solar Energy…   Nearly a decade and half before Sun Edison went bankrupt another quasi-power company by the name of Enron had also filed for bankruptcy. Like the modern day Sun Edison, Enron too was a darling of the stock markets and had notched up phenomenal growth in…

Reliance Q4

Continues to impress on the margins front… The Reliance fourth quarter results announced on Friday were much better than street expectations. This was partly due to the lower expectations that had built around the fourth quarter. A profit of Rs.7380 crore was slightly above street expectations. The two things that were really commendable about the…