Crude oil fell sharply on Wednesday to the lowest level since January 2022. A combination of dollar surge and global demand concerns weighed on prices. The Brent Crude was quoting...
Less than a week after Moody’s had cut its GDP forecast for FY23, it has maintained India’s sovereign rating at Baa3 with Stable outlook. Moody’s has highlighted India’s key strengths...
The RBI governor underlined that the central bank was not just managing inflation expectations but also anchoring rupee depreciation expectations. Das said that this had become relevant in the context...
Merchandise exports for August 2022 came in 9% lower on sequential basis at $33 billion as per the early estimates put out by the Ministry of Commerce. The final data...
According to a report by Swiss Re, India is likely to become the 6th largest insurance market in the world in next 10 years. Total insurance premiums are expected to...
Sequoia Capital joined other institutional investors like Tiger Global, Uber Holdings and Moore Strategic Ventures who have partially or fully offloaded their shareholdings in Zomato. Sequoia has been investedin Zomato...
For the week ended on 26th August, 7 out of the top-10 most valuable companies on the NSE by market cap saw erosion of 154,477 crore. With cost cutting news...
For the month of July 2022, there has been some contradicting signals coming out at a macro level.There was relatively elevated inflation, higher borrowing costs and fears of a global...
A day after Adani group announced the indirect acquisition of 29.18% in NDTV, it also planned an open offer to acquire another 26% in NDTV as per extant SEBI regulations....
On Tuesday, Adani Media Ventures (AMVL) confirmed it had acquired 29.18% stake in NDTV by buying out RRPR holdings. AMVL has also made an open offer to NDTV shareholders for...
Indian banks are now largely relying on certificates of deposits of CDs a funding option. The funds are available at fairly low rates in the money market so the banks...
For the previous week ended on 19th August, 5 out of the 10 most valuable companies on the NSE saw value depletion of Rs30,738 crore. The markets ended 0.3% higher...
WPI inflation for July 2022 came in sharply lower at 13.93%, falling 270 bps from May 2022 high of 16.63%. While inflation in food products, primary articles and manufactured products...
On Monday, the prices of Industrial metals fell on demand concerns after China reported weak economic data. China's economy unexpectedly slowed in July, but the positive side of the story...
On Thursday, Nifty gained 124 points to 17,659 while the Sensex gained 515 points to 59,332 on buying from global institutions. Now indices have bounced 13% from their yearly lows...
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