Newsletter

It was a tough week with the market value of 7 out of 10 most valuable companies in India by Market cap saw erosion of Rs216,093 crore. Reliance and SBI...

For the fourth quarter ended December 2022, the US economy grew 2.9% despite pressure on interest rates and fears of a looming recession. This is slightly lower than the 3.2%...

According to Moody’s Investor Services, India's GDP growth may taper to 5.6% in FY24, but it would still be among the best performing large economies. Moody’s has expressed hope that...

Axis Bank reported 62% higher standalone net profits for Q3FY23 at Rs5,853 crore on the back of 32% growth in net interest income (NII) at Rs11,459 crore in the quarter....

Reliance Industries reported 15% lower net profits at Rs15,792 crore for Q3FY23 due to higher finance cost and special additional excise duty. This is lower than street estimates. While finance...

Vedanta approved the sale of its global zinc assets in South Africa and Namibia to Hindustan Zinc (HZL) for $2.98 billion. HZL is a subsidiary of Vedanta Ltd. The transaction...

Adani Enterprises prices its FPO in the price band of Rs3,112 to Rs3,276 with a discount offering of Rs64 to the retail investors, in what could be the biggest Indian...

For calendar year 2022, India’s merchandise trade crossed $1-trillion. While merchandise exports stood at $450 billion, imports were $723 billion. This is despite global headwinds impacting the exports. The sustained...

For the month of December 2022, India’s merchandise exports were 12.2% lower at $34.48 billion amidst weak global demand as a global slowdown impacted global markets. There was also the...

India’s crude imports from Russia crossed 1 million bpd in December 2022, touching a high of 1.19 million bpd. Now, Russia has been India's top crude supplier for the third...