Oil is one of the most important forms of energy and is a significant determinant of global economic performance. Commodities like oil are fairly homogeneous and internationally traded. The impact of dollar nominated oil prices on stock prices may not be quite relevant for Indian context. In...

Purpose– This study aims to investigate the dynamic relationships between oil price shocks and Indian stock market.Design/methodology/approach– The study used daily data for the period starting from January 2001 to March 2013. In this study, Johansen's cointegration test, vector error...

In any economy, changes in inflation rate influence almost all economic activities directly or indirectly. In the economic theory, it is understood that low and stable inflation is desired as a key objective of economic policy. On the contrary, high inflation is widely believed to hold back...