The financial markets generate a lot of number on a per second basis. There are people who have made it a profession to convert this information into trends, buy-sell signals, charts and pivot tables. Over the last 18 years of financial journalism, I have realised that every number has a story to tell. And these numbers as a trend normally never lie. Im forever looking for these trends.
Exchanges across the world are warming up to Bitcoin Cash, the new crypto-currency which initially had no backing. It could only be time before the Indian counterparts follow suit
Till the time consolidation takes place, it is unlikely that an Indian telecom company will get a high valuation compared to their foreign counterparts
The report is prepared by Rakesh Mohan, a former RBI deputy governor and currently senior fellow at the Jackson Institute for Global Affairs (Yale University) and Partha Ray, Professor of Economics at the Indian Institute of Management Calcutta
Across 25 global cities, Mumbai has witnessed the highest growth in the number of ultra rich individuals over the last decade. This growth is expected to continue into the next 10 years as well says the 2016 Wealth Report by Knight Frank.
There are pockets where you will find that prices have fallen, but calling it a huge correction is going too far. Interestingly, since December 2010, the real estate prices in some areas of Mumbai are up by 33 percent or 10 percent annually for the last three years
S.Naren, the chief investment officer – equities at ICICI Prudential mutual funds is taking a big bet on Cairn India, a global E&P company which has seen its stock price fall by 12 percent over the last year. In comparison, the BSE Sensex has moved up by 21 percent.