Daily Archives: June 14, 2017

Gold and GST

How it could be a game-changer for the Indian gold industry… The GST Council finally announced the rate of GST on gold. At 3% GST the Council has almost maintained the status quo on gold rates. Currently, gold attracts 1% excise plus 1% VAT and 0.5% cess. Thus the total impost on gold will marginally…

Infosys Promoters

What happens if they entirely exit the company? On the 09th of June, the Infosys stock price corrected sharply on the back of news that the founder promoters may be looking to completely exit the company. While the initial reaction was one of panic, the question is whether it could really impact the stock in…

RBI Turns Dovish

Could this be a signal for an impending rate cut? The RBI monetary policy announced on June 07th maintained status quo along expected lines. But focusing purely on the rates would be missing the bigger picture. There are four key takeaways from the policy which point towards a more dovish stance from the RBI… Finally,…