What Is Grey Market Premium? GMP In IPO Explained

Understanding the Grey Market and Its Premium Before learning what is Grey Market Premium, it is important to know about grey market itself first. It is an unofficial market where the trading of a company’s shares happens before they are issued in the Initial Public Offering (IPO). Grey market  is a market where transactions are … Read more

Rs 2000 Note Withdrawal and its Impact

Rs 2000 note withdrawal

It’s been five days since RBI announced its decision to phase out Rs 2000 currency note from active circulation by 30th September 2023.  After the initial panic and furore settled over the validity of the denomination and exchange process, there are interesting trends to witness. In this article we discuss the immediate fallout of the … Read more

What is U.S. Debt Ceiling Crisis?

U.S. Debt ceiling

As we write, U.S. President Joe Biden is in talks with Congress leaders to arrive at a deal to raise the government debt ceiling and avert a debt default looming by June 1st and its domino impact not just on the U.S. economy, but a snowballing effect on the global economy.  Let us take a … Read more