In today’s edition of Pro Panorama: A hotel stock with a wider view, off-colour paper stocks, investors’ playbook, the IPO rush and much more
Production linked incentive schemes entail micromanagement by the government which could be counterproductive for investments
Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Wednesday as they sold shares worth Rs 306.56 crore, according to exchange data.
The dollar rose 0.2% against its rivals, but held near a more than 2-1/2-month low touched on Tuesday.
On Tuesday, the rupee recovered from its all-time low to settle 10 paise higher at 83.28 against the US dollar.
This fly-on-the-wall column peeps into the inner goings-on of Dalal Street, what stocks veteran bulls are eyeing, what bears are ganging up against, secret deals and more
It said core inflation, which strips out volatile food and energy prices, fell to 4.3% in October from 4.5% in September.
According to exchange data, Foreign Institutional Investors (FIIs) were net sellers in the capital market on Monday, as they offloaded shares worth Rs 645.72 crore.
Oil prices have dropped by almost 20% since late September while prompt inter-month spreads for Brent and WTI slipped into contango last week.
From a fiscal year perspective, the brokerage said it expects growth to accelerate to 6.5 per cent for FY25 from the 6.2 per cent it has projected for the ongoing FY24, it added.
PM’s remark at Global South summit more in sync with India’s long-standing Palestine diplomacy and in line with New Delhi’s global ambitions
India’s reserve position with the IMF (International Monetary Fund) was up by $3 million to $4.791 billion in the reporting week, the data showed.
The rupee has been unable to gain from these favourable cues in the face of persistent dollar demand from local importers, traders said.
Typically, before a general election, the Centre presents the Economic Survey only when the full annual financial statement is tabled around June-July. But this time around, the ministry is considering a short document similar to the survey detailing the state of the economy.
Piyush Goyal’s proposed meeting with the Tesla boss could not take place, delaying the electric carmaker’s India investment plan
On Monday, the rupee declined by 5 paise to settle at its all-time low of 83.33 against the American currency. The forex markets were closed on Tuesday on account of Diwali-Balipratipada.
Asian stocks gained ground as investors awaited US inflation figures, hoping to confirm that interest rates have peaked.
The meeting is expected to push some key areas of mutual interest between both the nations. The ties had been impacted recently after a Chinese spy balloon had wafted across the US earlier this year.
What has local train travel got to do with exports? Analysis suggests a strong link. A one-standard-deviation increase in geographic integration leads to a 4% rise in a firm’s export revenue, driven by a 5% reduction in the unit price of exported products and a 9% increase in export volume
New Delhi should remain focused on FTAs as the final contours of the US-led initiative and IPEF benefits will take time to emerge
From macroeconomic events, inflation data for October is scheduled to be announced on Monday while WPI (Wholesale Price Index) inflation will come on Tuesday.
On the domestic equity market front, the BSE Sensex closed 72.48 points or 0.11 per cent higher at 64,904.68 points.
The joint venture will design, develop, certify, produce, sell, and support helicopter engines. The first opportunities identified are engines for the Indian Multi-Role Helicopter (IMRH) and Deck-Based Multi-Role Helicopter (DBMRH)
Renewable Power Obligation includes a “distributed renewable energy” segment, making it mandatory for discoms to source roof-top solar power