Macro Cues

Inflation and IIP growth a positive; Trade deficit widens It was a week of key macro data announcements. The week saw key data points being announced on inflation (both retail and wholesale), IIP growth and the trade data. There are some interesting signals coming from data. What’s the inflation message? CPI inflation has come under…

Jio in the Black

How Jio reported profits in 15 months flat… When Reliance Jio, the telecom arm of Reliance Industries, reported a net profit (you heard it right) in 15 months flat, there was already a sense of anticipation. The company had reported an operating profit but a net loss in the September quarter. For the quarter ended…

Tale of 2 Results

ICICI Bank disappoints; Hindustan Unilever flatters… The results season is not yet over and there are still some of the key banking results to be announced. But with the major companies already having announced their results, there are 2 things that stand out. Firstly, there is a sense of disappointment over the quarterly results of…