Monthly Archives: November 2017

Trade Deficit

The deficit number could be getting out of control… The total trade deficit for the first 7 months of the current fiscal year came in at a whopping $88 billion. What is worrying for the Indian economy is that this is a full 60% higher than the trade deficit reported for the corresponding period last…

Infosys Buyback

What you need to know about the November 30th buyback The stock price of Infosys has been on an uptrend in the month of November and is up by nearly 10%. The immediate trigger appears to be the buyback of shares which opens on 30th November. Here is what you need to know about the…

Bankruptcy Code

The IBC gets a facelift, but will it defeat the entire process? The President of India gave his assent to an Ordinance to make amendments to the Insolvency & Bankruptcy Code (IBC). While the bill could have been passed in the Winter Session starting on December 15th, the banking resolution is obviously a race against…