By Subash Gangadharan On the Nifty Daily chart, we can observe that after recently touching a low of 15183, the Nifty has bounced back smartly and even taken out the previous swing high of 15863. The Nifty then corrected marginally, before again breaking out of the recent highs and convincingly closing above the 20-day SMA. […]
The rapid formalisation of the economy is widely believed to have a short-term adverse effect on small industries and unorganised trade, which account for a pretty large part of India’s industrial output and income generation. But this has made banking services accessible to large segments of the micro, small and medium enterprises (MSMEs), and would […]
Oil prices were little changed in early Asian trade on Monday, after settling down $2 a barrel on Friday, as rising supplies in the United States and forecasts of more interest rate hikes cooled optimism over China’s demand recovery. Brent crude slid 9 cents, or 0.1%, to $82.91 a barrel by 0051 GMT. U.S. West […]
Increasing exports and reducing imports is the new way ahead for patriotism and “swadeshi”, and it will be a “new freedom” for India when not a drop of petrol or diesel is imported, Union Minister Nitin Gadkari said on Sunday. Addressing the ‘Sagar Manthan 2.0’ event organised by weekly magazine ‘Panchjanya’, the Union Minister of […]
Benchmark indices Sensex and Nifty eked out gains in volatile trade on Monday, extending the winning streak to a sixth straight day as gains in auto and IT shares offset losses in banking and FMCG stocks. Logging its longest gaining streak in four months, the 30-share BSE Sensex ended marginally up by 13.54 points or […]
Companies involved in China’s electric car industry are setting up shop in Hong Kong to leverage the city’s financial system for their global expansion, investing over $1 billion so far and creating hundreds of jobs. The world’s largest battery maker, Contemporary Amperex Technology Co. Ltd., said earlier this month it plans to open its international […]
Companies involved in China’s electric car industry are setting up shop in Hong Kong to leverage the city’s financial system for their global expansion, investing over $1 billion so far and creating hundreds of jobs. The world’s largest battery maker, Contemporary Amperex Technology Co. Ltd., said earlier this month it plans to open its international […]
Oil prices edged marginally higher on Friday, extending for a second session on strong U.S. economic data and strengthening hope that the reopening of the Chinese economy would boost demand. Brent futures gained 30 cents, or 0.3%, to $87.66 a barrel by 0113 GMT, while U.S. crude rose 21 cents to $81.22 per barrel, a […]
As the recent Berkshire-Hathaway AGM just concluded, Warren Buffett was quoted saying, ““Do not make any mistakes that take you out of the game and you should spend a little bit less than you earn or you’ll never get out of debt.” The famous billionaire has a unique approach to investing and has shared many […]
Domestic equity indices ended Tuesday’s session in the red. The top gainers of the BSE Sensex were Kotak Bank (up 1.59%), IndusInd Bank (up 1.22%), Bajaj Finance (up 0.90%), Bajaj Finserv (up 0.61%) and Larsen & Toubro (up 0.51%) while Tata Steel (down 5.23%), ITC (down 2.65%), Sun Pharma (down 1.74%), Maruti (down 1.72%) and […]
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