The last quarter was a busy one for us at Zerodha, and we launched several cool features. We have collated all these updates in this post in case you missed any.
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Inflation is inching downwards. The US Dollar is appreciating, but the Rupee – buoyed by heavy FPI inflows – stays resilient. And more.
Climate change is no longer a future event — water scarcity, erratic weather patterns, diminishing wildlife — we are already experiencing the consequences of climate change. Solving any problem starts by acknowledging there is one and finding ways to quantify it. Although the effects of climate change are obvious, it is crucial to measure the […]
We started investing in climate action and health a couple of years ago. At the intersection of the two, there is a large plastic waste problem we want to help solve. The ramifications of plastic waste do not end with the pollution of soil and water bodies; microplastics have even found their way into our […]
Humour me. Do this exercise. List the names of five people who participated in the share market in the 1980s or 1990s. Then go to the iepf.gov.in website and click on this link Search those five names in the search box provided. (Note: Provide at least the first and last name. Do not get put […]
With a strong economy and falling inflation, RBI keeps rates where they are. Automobiles don’t sell, services exports fall, but power generation stays robust. And more.
My 20-year-old cousin took a fancy to the stock market recently. I would like to take credit for his excitement, given my employment at Zerodha, but I am aware he is just joining the trading wagon with his friends and social media connections. I am glad that he is curious about concepts. He asks me […]
We keep reading tons of interesting things, not all of which we share or write about. So, we figured, we’d share short summaries of what we are reading and tracking that you may find interesting.
The RBI requires anyone trading in currency derivatives to have an underlying exposure to forex. It seems many market participants were not aware of this. So, the RBI recently reinforced this requirement through a recent circular. The deadline to ensure that users participating in currency derivatives have an underlying exposure was set at 05 April […]
India’s earning a tidy bit of foreign exchange, as its capital account surplus trumps a falling current account deficit. An RBI MPC meeting has just begun. And February sees paltry tax collections.
SEBI’s recent regulations on small and medium REITs (SM REITs) have sparked interest among investors who are eager to explore new avenues for real estate investment. After all, real estate is one of the favourite asset classes for Indians. SM REIT (real estate investment trusts) is simply a younger version of the traditional REIT we […]
Through a recent circular, the RBI pulled the plug on speculative forex derivative trades in India. Until now, any speculator could trade currency derivatives on a stock exchange. This is because disclosing an underlying exposure was not required up to a certain limit. Therefore, currency derivative volumes on the NSE were booming. The prices and […]
GIFT City is short for Gujarat International Finance Tec-City. Situated close to Ahmedabad, GIFT City facilitates all financial transactions in India using foreign currency (not Indian rupees). Though it is located within India, it is considered a jurisdiction separate from the rest of India. You might wonder what the use of GIFT City is. Countries […]
Central banks across the world met last week to set interest rates, sparking the question – what would the RBI do. Meanwhile, FDI blooms, but money leaves under the LRS.
Daniel Kahneman made finance more humane and investors more introspective. We all owe him a debt of gratitude for making us look inward.
A new shipping crisis may ripple through global trade. Houthi militants attack ships passing through the Red Sea, while the Panama canal experiences a disruption due to severe drought.
SEBI has directed AMFI to instruct all asset management companies to restrict inflows into international exchange-traded funds (ETFs). This post explains why these restrictions are imposed and what they mean.
No alarms and no surprises last week. Inflation stayed sticky, rural wages saw mild real growth, and merchandise trade remained steady. India’s forex reserves zoomed. US inflation refused to budge lower, while Indonesia is in trouble.
In the final instalment of our China series, we trace the journey of the country’s real estate industry – from its heady rise to its sudden crash – and how China is trying to emerge from the ashes.
Momentum investing has been around for decades. It was first formalized by Jegadeesh and Titman in their ground-breaking work on momentum: Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (pdf) in 1993. Since then, there have been hundreds of variants of the same underlying strategy that strike a slightly different balance […]
Have we moved the needle on the ‘women and money’ issue? And what is the women and money issue anyway? Perhaps we are mixing up completely disparate issues. Perhaps we need to first understand what the issues are before attempting to address them. Perhaps we are addressing symptoms when we need to get to the underlying causes.
When you hear about markets making new highs or the “nifty” went up 100 points, it typically refers to the NIFTY 50 index. An index is an aggregate measure – a shorthand to convey information. For example, the NIFTY 50 reflects the price returns of 50 of the largest stocks (+ their DVRs). So, instead […]
We’re in a leap year; February was stretched by a day, and so are its numbers. Meanwhile, January saw the first current account surplus in forever, while money gushes into Indian mutual funds.
We spoke about DD a few times earlier in the previous blogs. But what does DD really mean in the context of venture capital? This is quite important to understand given that, in most cases, there isn’t much data on financials and other metrics available in early-stage companies compared to mature companies. So, what do […]
Invest in the National Pension Scheme (NPS) on Coin. NPS is a brilliant option for saving for your retirement as it forces you to invest in a diversified portfolio of equities and debt by default. It’s also one of the cheapest investment options out there and tax-efficient.
