This paper investigates the price discovery function of futures market for two non precious metals - nickel and zinc on Multi-Commodity Exchange (MCX) using Johansen's co-integration test, VECM and Granger causality test. The analysis used daily data on spot prices and near month futures prices...

The economic development of country depends on the effective banking system. In recent years, there have been considerable pressures on the profitability of banks. The study investigates the long run equilibrium relationship between the return on assets (ROA) and nine variables over the period...

The study investigates the relationship between the foreign direct investment (FDI) and Gross Domestic Product (GDP) over the period 1975-2013. Granger causality test & Johansen's co-integration test have been applied to explore the direction of causality & long run relationship between the...

This paper is an attempt to study and understand the dynamics of Indian Rupee fluctuations against US Dollar using yearly observations over the period of 12 years from 2001 to 2012. In this paper, evolution of exchange rate mechanism from fixed to hybrid exchange rate system in context of India...

Stock markets are inherently risky but due to malpractices, risk increases manifold. Satyam may not be an exception but a norm in the corporate world. Here is an understanding of some of the ways in which minority shareholders get duped by the promoters group. This paper attempts to study such...

The aim of this paper is to investigate the lead-leg relationships between non-precious metals – nickel and zinc on Multi-Commodity Exchange (MCX) and agricultural commodities - pepper and soybean on National Commodities & Derivatives Exchange (NCDEX) using Johansen's co-integration test, VECM...

The study investigates the relationships between export and economic growth, over the period April 2005 to March 2014. Index of industrial production is used as indicator of economic growth. Johansen's co-integration and Granger causality test have been applied to explore the long-run & short...

On a day-to-day basis, market participants look at many other variables as well e.g. crude prices, commodity prices, GDP growth rates, etc. However, the end implication of these factors has been captured in the statistical study done in this paper. For Example, higher crude or commodity price...

This paper investigates the volatility dynamics of stock market in India by using daily data of the NIFTY index of NSE from Jan 2000 to Dec 2014. The volatility in the Indian stock market exhibits characteristics similar to those found earlier in many of the major developed and emerging stock...

The aim of this paper is to investigate the market efficiency of Indian agricultural commodities - pepper and soybean on National Commodities & Derivatives Exchange (NCDEX) using Johansen's co-integration test, VECM and granger causality test. The analysis used daily data on spot prices and near...