Industry experts view the imposition of export duty on steel as temporary, similar to one in FY08, when the export duty was withdrawn within a month on flats and in a few months on longs.
Experts are of the opinion that the erosion in margins and valuation derating process could slow from here for the IT companies as the long term growth drivers remain intact
Investing in a changing economic scenario is challenging, especially amid times of inflation, when prices of goods and services go up. Here are the key points to keep in mind before you pick stocks/sectors during inflation. Watch the video for more.
Total electricity generation increased by about 14 percent from April 1 till May 29 this year
Coming up on markets with #SantoAndCJ at 3 PM | #ICYMI What early 2000s can tell you about bear market rallies? Also, Santo & CJ’s take on DLF, 3M India, Atul Auto, Sudarshan Chemicals and Granules India.
The payouts, subject to shareholder approval, in the bulk of the cases benefit the companies’ promoters the most.
Nifty 50 closed above the 20 DMA on Friday and is likely to cross the 16,400 level. Also, know why Santo and CJ are tracking M&M, JSW Steel, Tata Power, TNS Clothing, and Nykaa.
Catch Sumaira Abidi in conversation with Gaurang Shah of Geojit Financial Services and Rajesh Palviya of Axis Securities as we answer all your stock queries.
MTAR Technologies is a growth stock available at reasonable valuations. Recent correction offers opportunity in light of the low valuations. Watch the video for more.
Benchmark indices ended higher for the second consecutive day on May 27. At close, the Sensex was up 632.13 points or 1.17% at 54,884.66, and the Nifty was up 182.30 points or 1.13% at 16,352.50. Here’s the round-up of all the day’s action with Yatin Mota.
Aditya Birla Fashion and Retail posted a decent March 2022 quarter performance. The company will scale up its core brand business and is targeting multi-fold growth in new businesses of innerwear and ethnic. Watch the video to know why Moneycontrol Pro has a positive stance on the stock.
Nomura says it studied revenue and earnings profiles of 750 firms and that suggest a material slowdown in the overall financial performance in the upcoming quarters.
#MCAtDavos Day-2: Special broadcast on Moneycontrol with all the day's big stories and headlines. This edition of the world economic forum holds special relevance, for it is after two years that the gathering has convened at Davos, in person. Coming to you at a time of extremely polarised global politics and a business order that is under duress, we will be telling you what are issues the global leadership is talking about. Every evening, block your calendar, as we come to you with the day's top news from Davos, and the newsmakers.
Markets ended on a negative note today with the Nifty ending below 16,150 points and Sensex falling 236 points. Among sectors, IT, pharma, metal, FMCG, power, and realty indices fell 1 percent each. Meanwhile, Delhivery's stock listed with 10 percent gains.
With its contributions to global economic growth and by ensuring that the world meets its climate and sustainability goals, India continues to emerge as an important global player. What actions can the country take to leverage today's inflection point and launch the reforms needed to be an influential member of the global community? CNBC-TV18's Shereen Bhan in conversation with Piyush Goyal, Minister of Commerce & Industry, Hardeep Singh Puri. Minister of Petroleum & Natural Gas, and Sanjiv Bajaj, Chairman & MD, Bajaj Finserv Ltd at the World Economic Forum in Davos.
Are you planning your retirement kitty? There are two options available, NPS or EPF. But which one is a better option for you? Sumaira Abidi tells you the difference.
NTPC plans to add 5,000-6,000 megawatt of power capacity per annum in the current and next fiscal years
Moneycontrol is in conversation with LuLu Group's Yusuf Ali on company's expansion plans, investments in India, employment opportunities and more.
It is also not clear what it takes to get a bank licence in India. In the recent list of rejections, not much is said about why the applications are rejected
Indian benchmark indices came off earlier highs and ended on a negative note after traders booked profits during the last hour of trade. JSW Steel, Tata Steel, NMDC were among top losers on announcement of increased export duty by the government. #bajargupshup #marketswithmc
According to Barclays, tax cuts on motor fuels, cooking gas subsidies and duty cuts on imports could ease prices but widen fiscal deficit to 6.9% of GDP, significantly overshooting budgetary estimates of 6.4%.
South Indian spinning mills are being shut down, citing the unprecedented rise in cotton prices. The Indian textile industry is at risk of becoming uncompetitive
While the stock of Manappuram Finance prima facie offers value, we will wait for definitive signs of improvement, as we are more concerned about the company’s ability to stay ahead of competition
Move to auction shut mines is at best a stop-gap solution when long-term finance is a problem for coal projects
The cotton & textile industry is set to form a committee, and submit specific suggestions to the Textile Ministry to tackle price inflation and the demand for export ban. Tune in as Karunya Rao and Manisha Gupta discuss the next steps