Indian markets are inching up, and is touching its new highs. With the earnings season all around, the key focus is on how the corporate results will pan out this quarter. Since it’s the first quarter after the GST rollout, investors are waiting for corporate earnings numbers. So far, there has been no negative news flow to disrupt markets lately. However, stocks may see a correction if foreign investors continue …

The countdown has begun for the GST with just a few days to get rolled out from July 1. It (GST) has many positive factors for the industry but could lead to short-term disruptions as well. Many of the market experts hope for some correction in the market factoring GST into picture. However, the true impact will be uncertain as there is no precedent and will onlAy be known when the new procedure starts.

Looking at the wider economy, the GST could lift growth by 2%. Greater tax compliance and efficiency has the potential to increase government revenue, and narrow budget deficit. However, there could be a one-time bump in inflation after introducing GST but it can soon be normalized...

RBI Policy moves with the wide expectation keeping interest rates unchanged in its first bi-monetary policy review for FY18. However, it raised the reverse repo rate to 6% from 5.75% earlier. The committee is choosing to be conservative when it comes to Inflation. It has reiterated 4% inflation in the medium term as a core objective. Raising the reverse repo rate to 6% is a step towards ensuring that the liquidity management is in line with the neutral stance...

It’s ‘Har Har Modi’, ‘Ghar Ghar Modi’ echoing everywhere. Resounding victory of BJP in UP is a proof of Modi’s populism and credibility among the people. It signs that impression of demonetization on people is positive. This historic win is not just a ringing endorsement of his popularity but also an impetus to his prospects for 2019 elections. It will be taken positively by the market as it gives the …