Fortnightly market review: Broken relationships

Why did Bernanke’s promise of low rates lead to weaker metal prices and lower Asian equities?

On Wednesday, 27th April, Ben Bernanke, chairman of the Federal Reserve Board of the US, addressed his first post-meeting press conference. This followed the release of the Federal Open Market Committee (FOMC) statement in which he presented the FOMC’s economic forecasts. Following the meeting, the...

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Motor Insurance: Rates to rise by 10%-65%

Heavy losses in third-party cover prompt the move

The Insurance Regulatory and Development Authority (IRDA) has raised the premium rates for third-party motor insurance policies by 10%-65% across different categories of vehicles and ownerships from 25th April. While third-party premiums for personal cars and two-wheelers were raised by 10%, premiums for commercial vehicles would now be...

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Motor Sports: Formula none

Will Indians ever take to motor sports?

The Formula One (F1) car racing business seems to be going through a few convolutions worldwide, as it heads towards India, for the first time ever, in October this year, on a purpose-built track in and around Greater Noida (close to Delhi). Over the past few weeks, several people from India who are going to be part of the organisation and support...

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