With oil nearing soaring and the Strait of Hormuz closed, UBS Global Wealth Management CIO Mark Haefele has published an investment roadmap. Here is what it says. With the Strait of Hormuz effectively closed and spot Brent crude trading higher at $90 per barrel, UBS Global Wealth Management Chief Investment Officer Mark Haefele has published … Read more
With the India Budget 2021 stocks and market sentiments have taken a U-Turn. Investors were not expecting a pro-growth, pro-development stance from the government particularly coming after a devastating covid-19 pandemic. But the Budget has shut out the naysayers, and how! With enough and more elbow room of covid-19, Finance Minister Nirmala Sitharaman grabbed the … Read more
Retail bond issuances in the current financial year, FY2019 are likely to surpass their previous high of Rs 42,383 crore witnessed in FY2014. Much of this is expected to come from the Non-Banking Finance companies (NBFC)’s which have typically accounted for ~40% of the retail bond issuances during the FY2011-18 period; the balance being accounted … Read more