The festive season is a time of joy, celebration, and, of course, shopping. It’s a time for families to come together, exchange gifts, decorate our homes, and have a good…
Indian Rupee falls for 6th straight month in June; may remain patchy on capital outflow, dollar liquidity
By Dilip Parmar The Indian rupee extended its drop for the sixth month in trot and closed to life low level of 78.98. India’s expanding trade gap and capital outflows…
Investment realignment: Don’t look at stock valuations in isolation, consider risk-reward ratio
By Manish Jain The equity markets have been quite volatile in recent times with the NSE Nifty 50 yo-yoing between 18,300 – 15,300 since the start of the year. On…
Global edible oil prices fall sharply to soften domestic prices
The global edible oil prices have declined sharply because of improved supplies and may cool down domestic retail prices further.According to trade data, landed prices of palm oil, which has…
China willing to cooperate with US, manage differences: Xi Jinping
Chinese President Xi Jinping said on Wednesday that China is willing to cooperate with the United States as both sides manage their differences and work together to respond to global…
First tranche of 2022-23 gold bonds to open for subscription on Jun 20
The first tranche of Sovereign Gold Bond (SGB) for 2022-23 will open for subscription for five days from June 20, the Reserve Bank of India said on Thursday.The RBI further…
Private banks struggle with NIM contraction, falling CASA in Q2
Private banks recorded a healthy loan growth in the second quarter of current financial year but struggled to protect their Net Interest Margins (NIM) and CASA (Current Account-Savings Account) ratio.…
Worst of FII outflow is behind us, the selling trend likely to slow down: B Gopkumar, MD & CEO, Axis Securities
For long the foreign portfolio investors have been negative on Indian markets. While outflows continue, B Gopkumar, MD & CEO of Axis Securities, believes that the worst of the FIIs…
Tata Motors shares tank 5%, but analysts remain bullish; auto stock may be gearing for 26% rally
Rakesh Jhunjhunwala portfolio stock Tata Motors tanked over 5 per cent on Thursday after the company in its Annual Report said that the recent lockdowns in parts of China owing…
Buy Maruti Suzuki: Stock price may jump 7% in 3 months, breakout from 4-month consolidation signals up move
Maruti Suzuki share price gained nearly one per cent to Rs 8,699.8 apiece from day’s low on Thursday. The stock hit a 52-week high of Rs 9,022 in February. Analysts…