BUSINESS
MC Explains | Airfare cap removal: What it means for the aviation industry
The Indian government lifted caps on domestic airfares with effect from August 31 after more than two years, allowing airlines to set ticket prices freely. With airfare caps removed, the market is still divided on what it would mean for the airline industry.
BUSINESS
MC Explains | Why shares of defence companies are soaring
Defence companies could be a beneficiary of the Indian government's thrust on domestic manufacturing while geopolitical tensions across the globe could also make the sector an exciting play
BUSINESS
MC Explains | How global recession may impact Indian IT companies
IT stocks had taken a severe beating, factoring in the aggressive tone of US Federal Reserve chairman Jerome Powell at the Jackson Hole Symposium. After a rebound, they resumed their fall on September 14, reacting to the hotter-than-expected inflation data released in the US
BUSINESS
FM Nirmala Sitharaman
This mega consolidation drive will leave only 12 major public sector banks in the country from the earlier count of 27 in 2017.
