The rupee slid as much as 0.6% on Monday, after having hit a series of recent lows. The benchmark S&P BSE Sensex Index slid about 2.8%, and bonds also declined.
With transactions likely to take 15 days, & given current market volatility, it is learnt budget division in finance ministry isn't including LIC IPO proceeds as part of this fiscal's calculation.
The plan to add more Chinese and Indian stocks will help Thailand’s Government Pension Fund diversify its equities portfolio, and earn better returns in developing and resilient economies.
Paytm is struggling to convince investors and analysts alike of the potential for its business model. Losses widened to Rs 474 crore in the September quarter amid rising expenses.
UBS predicts Nifty 50 Index will fall to 15,500 by June end 2022. Current surge has Nifty trading at 21.3 times estimated 12-month earnings, much higher than its 5-yr average of 18 times.
About 53 per cent of respondents from these Hindi-speaking states knew what Zomato is, which is significant. But it is well below the awareness for Paytm.
47 of 48 analysts recommend buy and 1 has a hold rating — a ratio of 98% that’s the highest since June 2004. SBI posted a record profit in the latest quarter that beat estimates.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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