scorecardresearch
Saturday, April 20, 2024
TopicIndian market

Topic: Indian market

Indian business outlook is the worst in the world, survey finds

The business activity net balance fell sharply to -30% in June from +26% in February, according to IHS Markit India Business Outlook survey results.

Pine Labs weighs bid for fallen Wirecard’s business in India and southeast Asia

Wirecard was forced into insolvency by an accounting scandal. Several of its subsidiaries -- including those in Asia -- weren’t part of the insolvency filing.

Gold sales in India unlikely to revive before September

Demand for gold had already slowed due to high prices before the pandemic struck. Jewellers are now waiting for the festival season for a boost.

Modi magic goes missing for stocks in his second term as PM, values shrink 25%

Modi’s reputation as an economic reformer fuelled an increase of almost 50% in equity market capitalisation during his first 5 years in office.

Sensex zooms over 1,400 points after PM Modi announces Rs 20 lakh crore stimulus package

Similarly, Nifty soared over 9,400 points. ICICI Bank was the top gainer in the Sensex pack, surging around 7 per cent.

Foreign portfolio investors withdraw record Rs 1.1 lakh crore from Indian markets in March

The outflow of funds in March amid the Covid-19 pandemic comes after 6 consecutive months of investment by FPIs.

Sebi gives 45-day relaxation to companies for filing Q4 results amid COVID-19 spread

Sebi has also relaxed time-gap required between two board meetings & companies have been given time till 15 May for filing quarterly governance reports.

Asia’s history of last 50 years poses tough questions India must urgently answer

India needs to figure out whether it pays to be rule-takers or seek to be rule-setters, and if it really has an answer to China’s strategic challenge.

India Inc to post lower profits in Sept quarter as Modi govt stimulus yet to start working

Slowdown in domestic growth & lingering NBFC crisis mean September-quarter results will be tepid and patchy for corporate India.

Sensex jumps for second day on govt’s corporate tax cut boost

Analysts noted that Nifty & Sensex are set for a higher trajectory, and a rally up to 12,500 and 42,000 respectively is likely in the next 3-6 months.

On Camera

Iran-Israel conflict will now be shaped by 3H—Houthis, Hamas, Hezbollah

Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

Vice Admiral Dinesh Kumar Tripathi to take over as Chief of the Naval Staff

He has been the chief of personnel and the flag officer commanding-in-chief, Western Naval Command, in the rank of vice admiral.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.