The paper attempts to understand the interlinkages and causal relationship between the Nasdaq composite index in the US, the Nikkei in Japan with that of NSE Nifty and BSE Sensex in India during the period January 1999 to August 2004, using daily closing data. The Johansen co-integration test is...

The present study examines the Day-of-the-Week effect anomaly in the Indian equity market during the period of July 1997 to March 2006 using daily data of NSE Nifty and BSE Sensex. The Day-of-the-Week effect implies that the stocks return is not independent of the Day-of-the-Week in which they...

India-Gulf Co-operation Council (GCC) countries trade relation has intensified in the last two decade. GCC is one of the largest trading partners of India. In this paper, an attempt has been made to explore India's trade potential with GCC countries at HS-2 digit for the period 2001-2014....

This paper has made an attempt to examine relationship between military expenditure and economic growth using 56 country panel data spanning over 1995—2011. Panel fixed effect model has been estimated for all 56 countries and sub-groups classified on the basis of World Bank income criteria....

This paper examined a linkage between capital flows, floating but managed exchange rate, and conduct of monetary policy in India. The sporadic surge in capital inflows have caused a great deal of fluctuations on the domestic exchange rate. Considering this, we analyzed different channels through...