Latest Articles
01/04/2022
With the US economy now re-opening and getting back to the old normal, Morgan StanleyS. Equity Strategist, Mike Wilson says he is now concerned about the risks that come with the move. S. Equity Strategist for Morgan Stanley said in a podcast. Morgan Stanley has downgraded small-caps and consumer discretionary stocks while recommending a move
12/28/2021
Nifty futures were trading 48.50 points or 0.28 per cent up at 17,422 on Singaporean Exchange, suggesting a gap-up start for BSE Sensex and Nifty 50 on Tuesday. In the previous session, SP BSE Sensex was down 525 points or 0.89 per cent at 58,490 while the NSE Nifty 50 index was down 188 points
12/28/2021
The proposed amendment to the Cigarettes and Other Tobacco Products Act puts the livelihood of millions of women in jeopardy, according to a study. The new insertion (Section 10A(3)) makes it mandatory for persons to obtain licences, permissions and registrations for manufacturing, selling and distributing any tobacco product, it said. This insertion if implemented will
12/28/2021
India89 times application on the final day of the bidding process. The issue received bids for 9.14 crore equity shares against an offer size of 4.83 crore shares so far on the first day of bidding. The portion reserved for retail investors saw 1.66 times subscription, while the reserved portion of non-institutional investors was subscribed
12/28/2021
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices in India remained unchanged on Tuesday, on the back of flat global rates. On Multi Commodity Exchange, gold December futures were trading weak at Rs 48,009 per 10 gram, while silver December futures were ruling at Rs 64,774 per kg, down Rs 107. Globally,
Air India paid ‘avoidable’ Rs 43.85 crore penalty for non-compliance with contractual timelines: CAG
12/28/2021
Air India shelled out an avoidable penalty of Rs 43.85 crore to Boeing for non-adherence with the contractually stipulated timelines under the agreement for an aircraft component service programme, according to CAG. The penalty amount was paid in August last year for the July 2016 to December 2019 period. The Comptroller and Auditor General (CAG)
12/22/2021
The historic rout in oil markets sent the US crude oil prices to negative USD 40 a barrel. The collapse in oil prices can prove to be a boon for India as it is the time for the country to fill its strategic reserves with cheap oil. Sugandha Sachdeva, VP, Metals, Energy Currency Research of
12/22/2021
After a horrible Monday, Indian equity markets are looking at a positive start on Tuesday amid strong global cues. Nifty futures on the Singapore Exchange were trading 163 points, or 0.98 per cent, higher at 16,821, signaling that Dalal Street was headed for a positive start. Markets ended in red in all five sessions last
12/21/2021
Asian shares dipped on Monday as concerns about Chinas property sector and inflation worries offset upbeat U.S. data and positive news on new drugs to fight the coronavirus. Trading in shares of debt-laden China Evergrande was suspended after it missed a key interest payment on its offshore debt obligation for the second time last week.
12/21/2021
International Monetary Fund (IMF) Chief Economist Gita Gopinath has made a strong case for regulating cryptocurrencies, saying it will always be a challenge to ban them as they operate from offshore exchanges. Gopinath also suggested a global policy and co-ordinated action for regulating cryptocurrencies. I think cryptocurrencies are a particular challenge for emerging markets. It
