Worried about Nvidia, Apple and Meta? Nasdaq has your back
To tackle the “over-concentration” of the Nasdaq 100, the index provider is carrying out a “special rebalance” on July 24 to redistribute weights after the run-up in megacap stocks. Although the out-of-cycle move was rare and blindsided some investors, it is a sign that the system is working as intended
Bangladesh, India launch trade transactions in Rupees
This is the first time Bangladesh has done bilateral trade with a foreign country in addition to the US dollar. Bangladesh Bank Governor Abdur Rouf Talukder described the start of trade settlement in rupees as the 'first step in a great journey.'
The days of the rock star research analyst are long gone
Customers want value for money and rolling back transparency reforms will not change that
The Eastern Window: US remains politically aggressive towards China, but ready to soften trade rules
US Treasury Secretary Janet Yellen has assured China that investment restrictions would be limited to security areas and not affect the broader Chinese economy. The US is clearly trying to enhance cooperation in business areas while continuing with its aggressive stance towards China on political and security issues
Equity analysts have only one way to get paid
It’s not by separating their fees from trading commissions
Betting on farm futures is not equivalent to gambling
Futures trade is a place for price discovery and hedging, and commodity exchanges provide a neutral platform for farmers and other stakeholders to hedge their respective price risks. It has a positive impact on the economic interests of farmers, consumers and even the government coffers, yet is banned frequently
Lower goods trade deficit improves current account dramatically in March quarter
The factor that should boost imports and widen the current account deficit is if the much-anticipated boom in capital goods finally takes off
India's March quarter CAD at $1.3 billion, $67 billion for FY23
As a percentage of GDP, the January-March current account deficit is 0.2 percent compared to 2 percent in October-December 2022 and 1.6 percent in January-March 2022
India-US duty truce — How much will it move the bilateral trade needle?
The end of trade disputes will be truly meaningful if it leads to India getting back the GSP status and winning the TAA-nation recognition from the US
India shouldn’t allow EU FTA talks to remain hostage to the carbon border levy
New Delhi should use the forthcoming discussion with the EU to resolve the CBAM problem instead of escalating the issue to WTO
Is BHEL’s turnaround story for real?
BHEL’s turnaround strategies may result in an improvement in the long term, but the current state of financials and business do not support the euphoric rise in its share prices
US should look south, not far east, on trade pacts
Many economies in the Americas already have bilateral free trade agreements with Washington, offering a stronger base for nearshoring, deeper integration and higher standards
Right purposing your portfolio in expensive markets
Markets are showing signs of polarity with bull and bear consensus equally strong. Liquidate expensive stocks and be cautious in chasing growth stocks
India expects exports to China to pick up in 4-5 months: Source
The commerce ministry is carrying out an internal assessment to analyse why exports to China have declined, widening India’s trade deficit with that country.
Chart of the Day | India’s solar module manufacturing costs high despite govt incentives
Modules manufactured in India are 37 percent more expensive than in China
UK India Business Council sees big opportunity in defence, manufacturing tie-ups with India Inc; says FTA on track
The UKIBC is helping companies seeking to move their supply chains to India, especially in manufacturing and advanced manufacturing, its CEO Richard McCallum says.
Can Modi magic help India reap Indo-Pacific gains?
New Delhi will have to work hard to cash in on Modi’s charisma to clinch a trade deal with Australia and strengthen ties with Pacific island nations
Modi at 9: Braving rough seas to gear up for $2-trillion export target
The country has met its most recent export target and aims to more than double outbound shipments in the next seven years.
In The Money | How Greeks make options tick, Delta explained
To successfully manoeuver around the risks in trading options, an option trader needs to be well-versed with various factors which drive option prices. Enter the Greeks
What does Modi-Biden camaraderie mean for India-US ties?
With elections scheduled in India and the US next year, the meeting between the two leaders can serve twin purposes
TTC meeting: India-EU to work on digital connectivity, green energy, building trade & investment
The two countries have agreed to deepen their common work on resilient value chains, work to resolve bilateral market access issues and exchange information on each other's mechanisms on foreign direct investment screening.
Fininfluencers: Reining them in takes some effort but SEBI has the long arm to crack the whip
Instead of more regulations/guidelines to rein in financial influencers, SEBI could well start applying many existing provisions that are time and court tested. And also narrow down the wide and gaping loophole in the regulations that give fininfluencers a free for all
In The Money | Know the basics of options trading
In the Money is a new series that will demystify the world of options trading for readers and the inaugural edition kicks it off by explaining risk and the language of options
Rupee’s global ambition suffers a Russian setback
Plenty needs to be done before the rupee can shake off its dollar dependence and emerge as a globally desirable currency
Business in the Week Ahead (May 8-12, 2023)
In the upcoming week some key macro data, including India’s manufacturing and industrial production figures, will be released. The central bank of England will take a decision on interest rates. Also, more Q4 results will become available
