Empirical evidences on the transmission mechanism by which monetary policy affects the economy, particularly general prices and real activity, are essential, both for effective policy making and understanding the alternate macroeconomic theories. A consensus has largely been established on the...

: This paper examines the bid-ask spread of underlying stocks around the introduction of Single Stock Futures (SSF) in the National Stock Exchange (NSE), in order to ascertain whether SSF trading has any liquidity effect on the underlying stocks. Using both high frequency and daily data from...

The present study investigates the role of information in price discovery function and volatility spillover in Nifty and S&P CNX Nifty futures by employing two-step TGARCH procedures. First, the study examines short and long-run relationship between S&P CNX Nifty index and Nifty index futures in...

Foreign Direct Investment (FDI) has contributed in a big way in improving export competitiveness and volume of exports particularly technology intensive manufacturing exports in China and Singapore. India has also made earnest efforts in recent years to sell itself as an attractive destination...

After the formation of NAFTA (North American Free Trade Agreement) in 1994,USA's imports of textiles and clothing items have clearly shown a trend in favor of the Latin American suppliers, particularly Mexico, which is a member of NAFTA. Though India maintains a very low share in the global...

Trade policy reforms constitute the core of economic reforms in India. This paper analyzes India s external sector while highlighting the positive impact of India s trade policy reforms. The trends in India s foreign trade, changes in the composition and direction of India s exports and imports...