Cabinet approves IIFCL’s IPO plans; modalities are being finalized, probably next financial year: MD Rohit Rishi

State-owned India Infrastructure Finance Company has received necessary approvals to go ahead with its proposed initial public offering, with the Cabinet Committee on Economic Affairs approving the listing on the stock exchanges, the company’s top official said.The approval has already been handed over to the company by the Department of Investment and Public Asset Management […]

Govt’s Gamble on GST cuts: What do the bond and currency markets signal?

It is not only people who suffer from cognitive prejudices, but also markets. Interestingly, different financial markets show different prejudices, which interpret each events through its own prism of prejudices. Take the recent announcements about GST reforms: stock markets have chosen to view them through the lens of growth, while the deposit and currency markets […]

Govt’s Gamble on GST cuts: What do the bond and currency markets signal?

It is not only people who suffer from cognitive prejudices; Markets do that too. Interestingly, different financial markets show different prejudices, which interpret each events through its own prism of prejudices. Take the recent announcements about GST reforms: stock markets have chosen to view them through the lens of growth, while the deposit and currency […]