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Sunday, November 3, 2024
TopicMarket cap

Topic: market cap

How PSU’s market cap fell by 36% in 6 years under Modi govt, while stock market doubled theirs

In episode 605 of #CutTheClutter, Shekhar Gupta parses numbers to highlight how public sector firms and banks lost Rs 6.9 lakh crore in value in 6 years.

In 6 yrs of Modi govt, market cap of PSUs fell 36% — but that of BSE, Sensex almost doubled

Public sector firms and banks’ total market capitalisation was Rs 19.1 lakh crore in May 2014, but by 28 October 2020, they have lost Rs 6.9 lakh crore.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.