:: OxUS Investment ::


Media	Asset Management	Research
BJP-The Robotic Opposition Rupee: Fundamentals vs. Mis-Management	Oxus Performance Newsletter, December 2009 Oxus Performance Newsletter, November 2009	Developing Trends March 2011: All you wanted to Indian Inflation: Populism, Politics & Procurement

		Oxus Fund Management Oxus Fund Management (OFM) has been operational in India since September 1998 as a SEBI licensed portfolio manager. It is a research and advisory firm which manages assets for both corporate clients and high net-worth individuals in domestic debt, equities and foreign currencies.

		Oxus Research Established in September 1996, Oxus Research conducts frontier level research on emerging markets, with special focus on India. Specifically oriented towards financial markets, Oxus publications include an analysis of the Indian capital market, the role of Chinese mercantilism in causing the East Asian Crisis, currency undervaluation and its relation to growth, the role of the middle class in development, and several articles on the importance of Capital Account Convertibility to growth in developing countries.

		Developing Trends Developing Trends is a newsletter on major markets and currencies which started off at the Deutsche Bank in 1994 and continued in India. Oxus Research and Investments will restart its publication in 2010. Past issues are available on the website.

		Team With a high-powered team of economists with more than 40 years of experience, the Oxus team provides its clients with a unique mixture of fund management with economic policy. The team's expertise in economic research, having one of the largest databases and a proprietary economic/public policy model helps Oxus uncover investment opportunities before the theme is evident to others.

Biz leaders to discuss global economic scenario
Tue, 24 Jan 2012 06:45:17 GMT

They will discuss the state of affairs of the world economy at their five-day World Economic Forum annual congregation.

Biz leaders to discuss global economic scenario
Tue, 24 Jan 2012 06:45:17 GMT

They will discuss the state of affairs of the world economy at their five-day World Economic Forum annual congregation.

Key WTO members to meet at Davos next week
Thu, 19 Jan 2012 11:00:48 GMT

WTO member countries scheduled to meet at Davos are expected to discuss worrisome economic scenario and its impact on the global trade.

Planing Commission sanctions Rs 8,000 cr for Bengal
Sat, 24 Dec 2011 12:57:42 GMT

Planing Commission has sanctioned Rs 8,000 crore for development purposes in 11 backward districts in West Bengal.

Agriculture grows 3.2 per cent in 1st 4 years of 11th Plan
Tue, 22 Nov 2011 17:46:02 GMT

Sharad Pawar said the 3.2 per cent growth rate is higher than average growth rate of 2.5 per cent in the 10th plan period.

Govt buries plan to empower CCI on IPR disclosures
Wed, 28 Sep 2011 21:31:30 GMT

Corporate affairs ministry has dropped 2 IPR-related clauses included in its draft National Competition Policy in July.

International Monetary Fund sees gloom in global economy
Tue, 20 Sep 2011 20:57:15 GMT

The IMF has pared its global growth forecast for the current year and the next year. In its latest World Economic Outlook, it lists multiple risks to the global economy that depress growth further.

Should communal violence bill be recast?
Mon, 19 Sep 2011 08:02:17 GMT

Many say that the bill should be broadly acceptable to most political parties and should honour public opinion as well.

Developing Asia's growth to slow: ADB
Wed, 14 Sep 2011 04:41:51 GMT

ADB said Asia's economies would expand 7.5 per cent this year, down from its 7.8 per cent forecast in April

Industrial growth target may be revisited: PMEAC chief
Mon, 12 Sep 2011 09:24:21 GMT

The dismal factory output growth was on the back of a poor performance by manufacturing, mining and capital goods sectors.

Govt expects Rs 50k cr pvt investment in road sector in FY'12
Mon, 12 Sep 2011 09:14:36 GMT

CP Joshi said Road Ministry's efforts of introducing transparency has resulted in robust bids in the roads sector.

RBI has to balance high inflation, slowing growth- Basu
Mon, 12 Sep 2011 08:55:08 GMT

Industrial output growth in July slumped a lowest in 2 yrs putting pressure on RBI to pause its monetary tightening.

PM calls for transparency in road projects
Mon, 12 Sep 2011 07:07:48 GMT

PM said that for a large road building programme, efficiency, economy, competition and transparency are vital.

India's tea production up 8pc; exports decline by 8pc
Fri, 09 Sep 2011 10:05:40 GMT

Production of tea stood at 123.19 million kg in July 2010, while exports amounted to 16.58 million kg, according to data.

Montek: Iincrease healthcare spending to 2.5% of GDP
Fri, 09 Sep 2011 09:59:24 GMT

The healthcare sector, he said, was a focus area in the ongoing 11th Plan and efforts will continue in the 12th Plan.

CAG Report: RIL notified KGD6 discoveries without details, Air India has accumulated debt of Rs 38,000 crore
Thu, 08 Sep 2011 07:06:29 GMT

CAG report on AI covers, among other things, the purchase of 111 aircraft for over Rs 40,000 cr. The report said that AI has accumulated debt of Rs 38,000 cr.

Switzerland tops in world competitiveness; India, US slide
Thu, 08 Sep 2011 06:54:53 GMT

The report states that several countries in Asian Pacific regions, including China, Indonesia, Vietnam and Sri Lanka, have made big strides.

Food inflation stands at 9.55 per cent: Government
Thu, 08 Sep 2011 06:30:33 GMT

Food price index rose 9.55 per cent and the fuel price index climbed 12.55 per cent in the year to Aug. 27, government data on Thursday showed.

Highest ever iron-ore exports from Goa ports this fiscal
Thu, 08 Sep 2011 05:46:33 GMT

Goa, a major exporter of Iron Ore, saw the highest ever exports during the financial year 2010-11 through its twin ports.

Highest ever iron-ore exports from Goa ports this fiscal
Thu, 08 Sep 2011 05:46:33 GMT

Goa, a major exporter of Iron Ore, saw the highest ever exports during the financial year 2010-11 through its twin ports.

Leg up for exports: Government plans green channel clearance facility for traders
Thu, 08 Sep 2011 01:19:15 GMT

A new green-channel facility that will allow hassle-free and expeditious clearance of India?s $600-billion trade will be in place soon

Leg up for exports: Government plans green channel clearance facility for traders
Thu, 08 Sep 2011 01:19:15 GMT

A new green-channel facility that will allow hassle-free and expeditious clearance of India?s $600-billion trade will be in place soon

RBI not to target any specific level for rupee: Subir Gokarn
Wed, 07 Sep 2011 23:59:12 GMT

RBI not to target any specific level for rupee as India does not face a similar situation

RBI not to target any specific level for rupee: Subir Gokarn
Wed, 07 Sep 2011 23:59:12 GMT

RBI not to target any specific level for rupee as India does not face a similar situation

India may soon join sovereign fund club; fund to fuel natural resources acquisitions overseas
Wed, 07 Sep 2011 20:43:27 GMT

China?s reserves have been built on the back of its huge export earnings while countries in the Middle East have recourse to rich oil reserves.

Traders halt off-take of sugar, fear price freefall
Tue, 18 Jan 2011 18:51:00 GMT

Stocks are mounting in Maharashtras cooperative sugar factories, after traders halted lifting the commodity because of a continuous fall in its price. They fear prices may soon bottom out due to the huge supply of sugar for January.

Salaried taxpayers may be spared filing returns
Tue, 18 Jan 2011 18:50:00 GMT

Salaried taxpayers with no other income could get a respite from filing tax returns. The income-tax (I-T) department is open to examining a proposal to exempt them from the annual chore.

Stringent terms set for Lavasa project review
Tue, 18 Jan 2011 18:47:00 GMT

The proverbial light gleamed at the end of the tunnel today for Lavasa Corporation. The ministry of environment & forests agreed to consider clearance to the companys hill-side project near Pune, subject to stringent conditions.

CBDT plans to lure black money stashed abroad
Mon, 17 Jan 2011 18:41:00 GMT

The Central Board of Direct Taxes (CBDT) is formulating a far-reaching immunity scheme to prompt the repatriation of unaccounted money parked overseas. The proposed scheme could be one of the major announcements of Finance Minister Pranab Mukherjees forthcoming Budget speech.

Excise duty alignment with GST likely to impact SMEs
Sun, 16 Jan 2011 19:11:00 GMT

Budget 2011-12 could widen the excise duty net to include more small & medium enterprises (SMEs), as the finance ministry wants to reduce the threshold for exemption from the current Rs 1.5 crore. This would be a step towards aligning the duty structure with the proposed goods & services tax (GST), wherein the government has suggested a uniform threshold of Rs 10 lakh for both Centre and states.

Demolish Adarsh building, orders Jairam Ramesh
Sun, 16 Jan 2011 19:05:43 GMT

In a scathing indictment, the ministry of environment & forests has ordered the demolition of the 31-storey Adarsh Cooperative Housing Society building within three months.

Petrol price up again, this time by Rs 2.5
Sat, 15 Jan 2011 18:47:00 GMT

State-owned oil marketing companies today raised petrol prices by up to Rs 2.54 a litre. The increase, second in 30 days, comes on the back of rising international crude oil prices. With effect from midnight, Indian Oil outlets will sell petrol at Rs 58.37 a litre. The price at HPCL and BPCL will be Rs 58.39 a litre.

Pawar rules out decontrol of sugar for now
Sat, 15 Jan 2011 18:44:00 GMT

Rising prices have taken a toll on major reforms in the sugar industry. Decontrol of sugar is off the governments agenda.

I-T department mulls blueprint for super sleuth
Fri, 14 Jan 2011 18:31:00 GMT

Nineteen Eighty-Four may arrive sooner than you think. And, it will be the income-tax department that could take on the role of an Orwellian Big Brother should the government clear a far-reaching proposal to create a directorate of criminal investigation on the lines of a similar wing of the internal revenue service in the US.

Govt's action plan on prices: Set up another committee
Thu, 13 Jan 2011 18:54:00 GMT

After two days of discussions on price-control measures at the highest level, the government today announced the setting up of an inter-ministerial group to streamline and monitor food prices. It also pressed for stringent action against hoarders, vowed to strengthen the public distribution system and sought to intensify commodity purchases by PSUs for distribution.

CBI probes banks on 2G
Wed, 12 Jan 2011 18:42:00 GMT

A team from CBIs bank securities & fraud cell in Delhi visited SBI's offices in Mumbai and Delhi and held discussions with senior officials of the bank. The CBI office, however, said no search operations have been conducted so far.

Industrial growth hits 18-month low
Wed, 12 Jan 2011 18:37:00 GMT

Industrial growth, as measured by the index of industrial production (IIP), slumped to an 18-month low of 2.71 per cent in November 2010. The performance of the manufacturing sector, which constitutes almost 80 per cent of the headline index, was particularly worrisome.

PM drives govt's effort to find a price-rise fix
Tue, 11 Jan 2011 19:20:00 GMT

Prime Minister Manmohan Singh on Tuesday asked his economy A-team to make a concerted effort to tackle rising food prices. Signalling the seriousness with which his administration views the spike in food inflation, Singh summoned top advisors to review the situation and suggest a concrete plan of action.

Gross budgetary support may rise
Tue, 11 Jan 2011 19:18:00 GMT

Projected 18 per cent hike will give room to cushion fiscal deficit.

HNIs lodge 40 complaints
Mon, 10 Jan 2011 18:52:00 GMT

In a major development in the multi-crore financial fraud at Citibank, the Gurgaon Police have received as many as 40 complaints from high net-worth individuals and corporates in the past one week. Senior police officials said the complaints, which were individually lodged, are being individually assessed in detail.

State agency to develop Dharavi under CM's plan
Sun, 09 Jan 2011 18:38:00 GMT

Maharashtra Chief Minister Prithviraj Chavan plans to overhaul the Rs 15,000-crore Dharavi redevelopment project. Chavan who has already flagged what he called an unholy nexus among builders, politicians and middlemen in the wake of the Adarsh housing society scam now wants state-run Maharashtra Housing & Area Development Authority (Mhada) to carry out the big-ticket project.

New offset rules rile Indian defence firms
Sun, 09 Jan 2011 18:35:00 GMT

The ministry of defence has ignored private Indian defence companies by announcing that global arms vendors can channel offsets into the fields of civil aerospace and internal security, instead of exclusively into the defence industry. Meanwhile, several other potentially far-reaching changes to the offset policy have been referred to an internal ministry committee.

FinMin sees further delay in GST launch
Sun, 09 Jan 2011 18:33:00 GMT

With the Opposition adamant on a joint parliamentary committee probe into 2G spectrum allocation, the government may be forced to further delay rollout of the goods & services tax by a year. The finance ministry expects little cooperation on GST from states ruled by the main opposition party, the BJP, and its allies.

4.78 lakh Mumbaikars to gain from new coastal zone norms
Sat, 08 Jan 2011 18:38:05 GMT

Nearly 4.78 lakh Mumbaikars will benefit from the new coastal zone regulations that have lifted restrictions on construction along the coastline. Residents of 620 dilapidated buildings, 146 slum clusters and 40-odd koliwada (fishermens colonies) along Mumbais coast have enough reasons to rejoice and look forward to better living conditions.

Dec exports up 36.4%, highest in 33 months
Sat, 08 Jan 2011 18:37:00 GMT

The countrys merchandise exports reached $22.5 billion, up 36.4 per cent in December from last year, highest in last 33 months, while imports topped $25.1 billion narrowing the trade deficit to $2.6 billion in December.

Oxus Fund Management

Oxus Research

Developing Trends

Team