In our endeavour to enrich the knowledge of our readers we regularly come up with articles giving simple explanantion of economic and financial terms. Next in this series is the Purchasing Power Parity (PPP). Please write to us if you have further queries or you would like us to post explanation of any such term. What [...]
Posts Tagged ‘exchange rate’
Purchasing Power Parities (PPP) explained
August 20th, 2010 
Praveen Bajaj 
Posted in Classroom 
Tags: exchange rate, gdp comparison, PPP, Purchasing power parities, top countries as per PPP 
No Comments »USD-INR Charting its own course…
March 29th, 2010 Praveen Bajaj Equity markets continued their journey north with all major markets closing in the green for the week. The Sensex was up 100 points with indices worldwide crossing recent highs. Gold ended unchanged from last week at 1107. The European leaders seem to have a worked up an arrangement to help Greece ending the long stalemate [...]
BGR Energy: Building the Indian Power Story
March 24th, 2010 Praveen Bajaj Last week I heard a very interesting story which eventually gave me the idea of investing in BGR Energy Systems Ltd. Thought of sharing with you. Years back when the South African Government opened their country for outsiders to come and do mining for diamonds, entrepreneurs form all over the world rushed to South Africa [...]
Posted in Equity Tags: Accounting Standards, economic review, exchange rate, IFRS Valuation, indian economy, nifty, sensex, share markets, usd-inr 1 Comment »RBI Raises Repo, Reverse Repo Rates
March 23rd, 2010 Praveen Bajaj Before getting into the details, let us first understand – What is Repo Rate? Definition of Repo Rate: Whenever the banks have any shortage of funds they can borrow it from RBI. Repo rate is the rate at which commercial banks borrow rupees from RBI. A reduction in the repo rate will help banks to [...]
Rating upgrade, rate hike – Growth on track
March 22nd, 2010 Praveen Bajaj Equity markets continued the uptrend with all major markets closing in the green for the week. The Sensex was up 500 points. On the global front, nothing much changed vis-a-vis risk appetite as stand-off over Greece continued to haunt the Euro, which shed 300 pips during the week. The week also saw concerns over asset [...]
Posted in Economy Tags: economic review, equity markets, exchange rate, IFRS, india inflation, indian economy, inflation, share markets, usd-inr 1 Comment »Currency markets at crucial point….
March 15th, 2010 Praveen Bajaj Markets seem to come out of the consolidation mode and increase in risk appetite saw the US Dollar being sold across the board. Almost all markets closed in the green and all currencies except the JPY saw strength against the greenback. The Dollar index closed below a key support level at 80 before closing 79.83. [...]
Posted in Economy Tags: Accounting Standards, dollar rate, economic review, equity markets, exchange rate, IFRS, india inflation, indian economy, nifty, sensex, share markets, usd-inr No Comments »Treatment Of Tangible Assets Under IFRS
March 10th, 2010 Shalini Tibe Treatment of Property, Plant And Equipment (PPE) under IFRS First time adoption of IFRS for PPE An entity can use fair value as deemed cost on First time adoption of IFRS OR It has to apply Retrospective application which means recalculate carrying amount of each PPE item according to IFRS since its purchase date including [...]
Posted in Accounting Tags: Accounting Standards, economic review, exchange rate, IFRS, IFRS Valuation, indian economy, share markets No Comments »Indian Economy – Review and Analysis, February 2010
March 6th, 2010 Praveen Bajaj Readers, as promised, we have posted the market review for February without delay this time. Month of February witnessed the most important calendar event for Indian economy, the Budget 2010. Our reports on the same would have kept you updated. Hopefully this will update you about its affect on various markets. Equity After correcting for [...]
Posted in Economy Tags: Accounting Standards, dollar rate, economic review, equity markets, exchange rate, indian economy, sensex, share markets 2 Comments »UAE Economy: Impact of Dubai crisis
February 27th, 2010 Praveen Bajaj Introduction In 2009, the U.A.E. witnessed a significant slowdown in growth and strains in the banking system as a result of the global financial crisis, the decline in oil prices, and the continuing fallout from the bursting of the Dubai property bubble. The ramifications of the DW debt event will depend on the scope and [...]
Posted in Economy Tags: analysis, economic review, Economy, exchange rate, Impact of Dubai crisis, indian economy, sensex, share markets, UAE Economy 1 Comment »USD-INR retracing the fall
January 18th, 2010 Praveen Bajaj The USD/INR retraced the highs of 45.28 and has settled at around 45.78 levels. Equity markets were directionless with the Sensex and the Nifty closing a tad lower than last week. The high point from the data point was the 11.3 % growth in IIP against expectation of 10%. Inflation for the month of December [...]