Shift from BPLR to Base Rate Recently with release of RBI circular on Base rate implementation, there has been a lot of debate going on regarding BPLR (benchmark prime lending rate). Here is our beginner’s guide to understand the two rates. What is BPLR? BPLR is the reference rate for banks for pricing their loan [...]
Posts Tagged ‘indian economy’
Indian Aviation Sector: Flying Out of Clouds
March 30th, 2010 
Praveen Bajaj These are early days yet, but the Indian aviation industry seems to be turning the corner-slowly and surely. Close to 4.5 million passengers flew in India in December, which was the highest number of passengers flying domestically ever. Airlines are already pushing with expansion plans, Indigo a low cost carrier which serves 20 Indian cities, [...]
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 »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 »Delay in defining roadmap of IFRS for banking industry in India
March 3rd, 2010 Shalini Tibe Banking system in India is so far accustomed to rule based approach and hence for any implementation, Banks look to the regulator for guidelines i.e. RBI. In case of Basel II implementation, the National Supervisor i.e. RBI is provided with power to modify the guidelines to suit the country condition. The Objective of Basel seems [...]
Posted in Accounting Tags: analysis, economic review, indian economy, roadmap of IFRS, sensex, share markets No 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 »Indian Economy – Review and Analysis, January 2010
February 25th, 2010 Praveen Bajaj Dear readers, apologies yet again for the delay in posting January’s economic review but due to certain unavoidable circumstances the review could not be posted on time. Hope this review is useful and informative. Equity The BSE stock index started the year on a positive note, rising for the first 2 days to reach 17686. [...]