By Amit Kapoor, There is an oft-repeated analogy that compares the size of certain Indian states with that of European nations. It is not just the size of India that stands out; the heterogeneity within this vast landscape is noteworthy. India has traversed an exciting trajectory, especially in the post-reform period. One of the many […]
As the festival Akshaya Tritiya draws near, the most auspicious day to purchase gold according to the Hindu tradition, gold prices are trading close to all-time highs. While gold disappointed investors in 2022, a slew of concurrent global factors gave rise to the yellow metal’s prices across the world so far this year. Ravindra V […]
The country’s coal production increased 12.29 per cent to 664.37 Million Tonnes (MT) from April to December 25 this fiscal over the year-ago period, according to an official statement. The country’s coal output was 591.64 MT in the same period last year. “As per the latest statistics of the Ministry of Coal, the cumulative achievement […]
U.S. President Joe Biden’s administration on Tuesday declined to veto a government tribunal’s decision to ban imports of Apple Watches based on a complaint from medical monitoring technology company Masimo. The U.S. International Trade Commission’s (ITC) order will go into effect on Dec. 26, barring imports and sales of Apple Watches that use patent-infringing technology […]
The worst in terms of Foreign Institutional Investor (FII) selling and inflation outlook seems to be over now, said Sachin Shah, Fund Manager, Emkay Investment Managers in an interview with Kshitij Bhargava of FinancialExpress.com. Further, Sachin Shah believes that the earnings season barring the oil & gas sector was not too bad. He does foresee […]
Benchmark indices BSE Sensex and NSE Nifty traded higher on Tuesday, extending their gains from Friday’s session. Nifty 50 was higher by 0.5%, reclaiming the 18,100 mark while Sensex gained 320 points at 61,439. The broader markets followed suit as Nifty Midcap 100 soared 0.82% and Nifty Smallcap 100 added 0.68%. There were no indices […]
By Dharmesh Shah Equity benchmarks snapped a two-week winning streak amid broader consolidation. The Nifty settled 1.9% down at 17758.80 while Midcap and small-cap indices corrected 2% and 1.3% respectively. Metals bore a sharp cut of 5% followed by Realty, Banking and Pharma each correcting 2-3% for the week. IT and Auto relatively outperformed. Nifty […]
A lot of happened in the healthcare sector this year. The year began with a major earthquake in Türkiye and Syria and it ended with the horrific war in Gaza. This year, the world also witnessed many other crises, conflicts, and the continuing threat of disease outbreaks and climate change. The world also witnessed some […]
By Rajagopal Menon Bitcoin was created nearly a decade and a half ago to overcome the limitations of the current financial system. It is ironic that 2023 has claimed two crypto titans for the sort of excesses that traditional finance has been engaging in since its existence. The upheavals around FTX and Binance show a […]
The rupee appreciated by 63 paise to close at a one-month high of 81.97 (provisional) against the US dollar on Friday, as fresh foreign fund inflows and positive domestic equities supported investor sentiments. Forex traders said positive PMI services data also boosted investor sentiments. Also read: Markets Wrap – Fri, 3 Mar ‘23: Nifty, Sensex […]