As per news, the corporate advance tax payment has made the rupee appreciate so much, Corporate India has paid around Rs 40,000 crore as advance tax and that has made liquidity crunch in the economy.
The banks started selling dollars for rupee and that made the rupee appreciate.And the call rate has jumped to 22% from 6-8% normal time.
Also,analyst saying that as Indian companies are taking more loans abroad,rupee is appreciating and can appreciate further thereby making indian exports less competitive.
Large appreciation of rupee cannot only bring uptrend in market,the rupee has appreciated a lot, so expect the central bank to come into picture.
As i think,One major reason for market rebound is upcoming corporate results
rohanrun SaysMe too got in GIM but haven't recieved the call letter yet. So, just wanted to know if anything is mentioned as too if we make the initial payment and later on cancel our admission, then will we get any % of money back?
We have got one Sports Quad..where you can play Basketball,cricket,Volleyball etc..Then you have a Table tennis and Carrom room too..But believe me my friend you have very little time to Play n all..
Originally Posted by kaashya
i have been noticing here on threads that interview panel ask u ur cat and xat score....and why there is a difference in two...In my case there is a huuuuuuge diff...i got a 98.71%ile in xat but a very very very low in cat ....cat was a mess up...wat shud be the proper ans to this
Requesting all the pg junta of first year of GIM to come forward... specially the junior mess committee members are cordially invited