Monthly Archives: December 2019

Debt ETFs

Debt ETFs are a great idea but the big challenge will be indices The Securities and Exchange Board of India (SEBI) issued its draft norms for debt ETFs (exchange traded funds) on 29th November. This set the tone for the introduction of passive debt funds in India. Passive equity funds in the form of index…

GDP Shocker

Q2 GDP growth at 4.5% is the lowest level in the last 6 years The only good thing about the GDP growth of 4.5% for the September quarter was that the expectations were much lower. Most economists had pegged the second quarter GDP closer to 4.2% with some pessimistic notes even pegging the growth at…

Reliance 10 trillion

RIL crossing Rs.10 trillion market cap is significant in many ways During the week, Reliance Industries became the first even Indian company to scale market cap of Rs.1,00,000 crore and that was always on the cards. In fact, TCS is close behind and HDFC Bank is also not too far away. But the level of…