Newsletter

For the week ended June 09, 2023, six out of the ten most valuable companies by market cap on NSE saw combined erosion of Rs83,638 crore. TCS took the biggest...

On a day when the RBI held status quo on repo rates in its monetary policy, the BSE Sensex closed 294 points lower while the Nifty was 92 points lower....

The central government has raised the minimum support price (MSP) of kharif crops for the 2023-24 year by 5-10%. While the MSP of cotton was hiked by 10%, paddy saw...

According to the latest World Bank Global Economic Outlook, the world economy is expected to sharply slow during the year due to high interest rates and the repercussions of the...

In what could be music to the ears of investors, the Adani Group has repaid loans of $2.65 billion in the last few months to complete its prepayment programme. The...

FPIs pumped in Rs43,838 crore into Indian equities in May 2023. This is the biggest inflow in the last nine months. The buying has continued in the first two day...

GST collections were up 12% in May 2023 as it marked the third consecutive month of GST collections of over Rs150,000 crore. The surge in GST collections was largely led...

Adani Ports & SEZ reported robust growth in revenues for the March 2023 quarter at Rs6,179 crore but the net profits were flat at Rs1,141 crore. The company has done...

Addressing the chiefs of Indian banks, the RBI governor, noted that there are still banks that did not reveal their two financial position in the books of accounts. Das was...

ICICI Bank board has approved raising its stake in ICICI Lombard General Insurance from 48.02% to 52.02% in multiple tranches. The first tranche of 2.5% will be acquired in September...

Vodafone Idea reported 2.2% lower net loss at Rs6,418 crore in Q4FY23. While operating expenses were on the higher side, revenue growth and 4G additions helped. Q4FY23 revenues were up...

The minutes of the May FOMC meeting announced late on 24th May, saw the members continuing to maintain a relatively hawkish stance. The members concurred that inflation was coming down...

The first day for exchanging the Rs2,000 notes were nowhere close to the rush of 2016. In fact, most banks handled this transition in a very smooth manner. Most branches...

BPCL reported a 160% growth in net profits for Q4FY23 at Rs6,478 crore. Even on a sequential basis, the net profits were up 130%. Gross revenues were up 8.1%in the...

The consensus over the US debt ceiling continues to be elusive. June 01 is the deadline till when the emergency measures will last. Beyond that, if the debt ceiling is...