Newsletter

The Centre plans to sell 5% stake in IRCTC through an offer for sale (OFS) on the bourse. The company had been one of the few PSU multi-baggers post listing....

With the US trying hard to slow the technological advances in China, the latter is working out a $143 billion package for the semiconductor industry. It is a major step...

Retail CPI inflation for November 2022 turned in sharply lower at 5.88%, backed by a sharp fall in food inflation. However, core inflation showed a minor bounced from 5.9% to...

In a surprising move, government sought special parliamentary approval for net additional spending of Rs326,000 crore ($40 billion) in FY23. This was necessitated by higher war spending, higher fertilizer and...

PhonePe, the digital payment brand owned by Wal-Mart Inc, plans to raise $1 billion from General Atlantic and other existing investors like Tiger Global, Qatar Investment Authority and Microsoft. The...

In its December, the RBI hiked repo rates by 35 bps, largely along expected lines. This takes the repo rates to 6.25%, a full 110 basis points above the pre-COVID...

If the current growth trends are indicative, then exports of Apple smartphones from India may surpass Samsung by March 2023. Currently, for the first 7 months of FY23, Samsung recorded...

Foreign investors have now upgraded India as a dedicated portfolio allocation. Previously, only China was a dedicated country allocation and the rest were clubbed under the category of Emerging Markets....

GST collections for November 2022 stood slightly lower at Rs1.45 trillion compared to Rs1.52 trillion in October 2022. However, GST revenues were still up 11% on yoy basis. This could...

India Q2FY23 GDP growth came in at 6.3%, lower than Q1, but better than street estimates. It had grown by 13.5% in Q1, but that was on a much lower...