Tag Archive: middle-east


#The Twitter IPO

Today Raghuram Rajan to spell out his maiden monetary policy review. Now wait for the oohs and aahs. But I would be more interested on the 813530discussion After the announcement of the Mid-Quarter Review of Monetary Policy Statement 2013-14, Dr. Raghuram Rajan, Governor and Deputy Governors of the Reserve Bank of India will interact with researchers/analysts through teleconference between 3.30 p.m. and 4.30 pm on Friday, September 20, 2013.

Moving towards the topic on the IPO of twitter the only official information twitter account tweeted that :
“We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.”  Continue reading

In financial markets, craziness creates opportunity. It affects only prices, not values. And one of the craziest afflictions I fullsize_10know of is our faith in our ability to see the future. Indeed, there isn’t even an appropriate opposite to the word ‘foresight’ in the English language. So I’m going to make one up. And rather than build a portfolio based on the pretence we have foresight, let’s explore some ideas for building one that is robust to our fore-blindness.

Here are some things I think are true:

downloadI don’t know how many of us, have actually heard about NDFs or know about this financial instruments and hence, we have picked up this topic for today`s detailed discussion. To start with, we will be explaining the meaning and definition of NDF, going on with market & currencies associated with NDFs. And, our closure for today`s post will be with the structure  & the various uses of NDFs.

Meaning: In finance, a non-deliverable forward (NDF) is an outright forward or futures contract in which counterparties settle the difference between the contracted NDF Continue reading

As expected the front page of all the financial news papers covers the story of S&P negative on India . I was just trying to figure out the implications of S&P outlook downgrade to India, The agency retained the rating at BBB-, but said it was changing its outlook from stable to negative. let’s try to figure out the impact :-

  • Well the rating is BBB- S&P just gone to pessimist and revised its outlook for India country rating negative.
  •  BBB- is the last rung in the ratings grade of S&P ,downgrade from here meaning India will be having speculative grade rating. Continue reading
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