August 2022 - Jobs World

Best job in the world

Find a job

Wednesday, August 31, 2022

Stocks to buy or sell today: 8 short-term trading ideas by experts for 1 September | Economic Times

August 31, 2022 0
Stocks to buy or sell today: 8 short-term trading ideas by experts for 1 September | Economic Times
Stocks to buy or sell today: 8 short-term trading ideas by experts for 1 September https://ift.tt/vpiX1EZ, selling was seen in oil & gas, IT, energy, and metal stocks while buying was visible in telecom, realty, and capital goods space.

Crypto Price Today: Bitcoin holds $20,000; other altcoins fall up to 4% | Economic Times

August 31, 2022 0
Crypto Price Today: Bitcoin holds $20,000; other altcoins fall up to 4% | Economic Times
Crypto Price Today: Bitcoin holds $20,000; other altcoins fall up to 4% https://ift.tt/puUfmcY Polygone and the US dollar-pegged stablecoins, all other tokens were trading lower on Thursday. BNB tanked 4 per cent, whereas Ethereum, Solana, Dogecoin and Shiba Inu declined 3 per cent each.

Big Movers on D-St: What should investors do with Tata Tele, Adani Gas and BLS International? | Economic Times

August 31, 2022 0
Big Movers on D-St: What should investors do with Tata Tele, Adani Gas and BLS International? | Economic Times
Big Movers on D-St: What should investors do with Tata Tele, Adani Gas and BLS International? https://ift.tt/wjLh8vi that were in focus include names like Tata Tele which was up by about 20 per cent, Adani Total Gas which closed with gains of over 6 per cent, and BLS International which rose nearly 14 per cent on Tuesday.

Yen hits 24-year low, 140 level beckons as hike bets buoy dollar | Economic Times

August 31, 2022 0
Yen hits 24-year low, 140 level beckons as hike bets buoy dollar | Economic Times
Yen hits 24-year low, 140 level beckons as hike bets buoy dollar https://ift.tt/G4IRw8d greenback hit a 24-year high of 139.59 against the yen in early Asia trade, a gain of about 0.5% on the previous day's close. Expectations for a 75-basis-point U.S. rate hike at next month's Federal Reserve meeting are rising on the back of solid economic data, with Fed funds futures last pointing to a 73% chance of such an increase.

PNB raises MCLR by 0.05% across tenors from Sep 1 | Economic Times

August 31, 2022 0
PNB raises MCLR by 0.05% across tenors from Sep 1 | Economic Times
PNB raises MCLR by 0.05% across tenors from Sep 1 https://ifttt.com/images/no_image_card.png​​The benchmark one-year tenor MCLR, which is used to price most consumer loans such as car, auto and personal, will be at 7.70 per cent against the existing 7.65 per cent, PNB said in a regulatory filing on Wednesday. The three-year MCLR stands at 8 per cent, up by 0.05 per cent.

Wall Street ends August with a whimper on Fed worry | Economic Times

August 31, 2022 0
Wall Street ends August with a whimper on Fed worry | Economic Times
Wall Street ends August with a whimper on Fed worry https://ift.tt/G4IRw8d three main indexes suffered their biggest monthly percentage declines in August since 2015. After hitting a four-month high in mid-August, the S&P 500 has stumbled in recent weeks, dropping more than 8% through Wednesday's close and falling through several closely watched technical support levels.

August made equity investors richer by Rs 13.66 lakh crore. Will India continue to outperform? | Economic Times

August 31, 2022 0
August made equity investors richer by Rs 13.66 lakh crore. Will India continue to outperform? | Economic Times
August made equity investors richer by Rs 13.66 lakh crore. Will India continue to outperform? https://ift.tt/zmE1G4A a troublesome summer in June, July and August both proved positive for the equity market. In August, Nifty Smallcap and Nifty Midcap indices gained 5 per cent and 6 per cent, respectively, for the month.Nifty Energy and Metal were the top sectoral performers gaining over 8 per cent each during the month.

Stock market strategy: Know when to sell and when to continue holding the stock! | Economic Times

August 31, 2022 0
Stock market strategy: Know when to sell and when to continue holding the stock! | Economic Times
Stock market strategy: Know when to sell and when to continue holding the stock! https://ift.tt/G4IRw8d best time to sell a stock is just before it starts going down but is it really as simple as this? I’m sure your answer must be a big NO! Why? Because it is difficult to time the turning points and selling a stock is more a function of educated estimation than a decision based on a formula-driven process.

Why inflation may become a non-issue for investors by March 2023 | Economic Times

August 31, 2022 0
Why inflation may become a non-issue for investors by March 2023 | Economic Times
Why inflation may become a non-issue for investors by March 2023 https://ift.tt/3M6zkLx economies began sourcing from China at competitive rates. China emerged as the manufacturing hub for the developed world. India supplied cheap labor through BPO/KPO and IT services, while Ukraine and Russia addressed global energy needs

Tuesday, August 30, 2022

4 reasons to adopt a staggered approach while investing | Economic Times

August 30, 2022 0
4 reasons to adopt a staggered approach while investing | Economic Times
4 reasons to adopt a staggered approach while investing https://ift.tt/5T6yAwB may not be wise, even for seasoned investors, to invest a large amount at one go. This would mean making a large financial commitment that could also make an investor jittery if the investment goes south in the short-term.By investing in a staggered manner, one can begin with a part of the overall investible surplus.

HDFC seeks to raise up to Rs 10K cr, in talks with Axis & ICICI banks | Economic Times

August 30, 2022 0
HDFC seeks to raise up to Rs 10K cr, in talks with Axis & ICICI banks | Economic Times
HDFC seeks to raise up to Rs 10K cr, in talks with Axis & ICICI banks https://ift.tt/5sKnDgb the two private banks may subscribe about Rs 2,500 crore each, demand from other institutional investors will determine the final subscription size, the people said.

Monday, August 29, 2022

Azure Power CEO quits, stock sinks 41% on the NYSE | Economic Times

August 29, 2022 0
Azure Power CEO quits, stock sinks 41% on the NYSE | Economic Times
Azure Power CEO quits, stock sinks 41% on the NYSE https://ift.tt/ZwgK341 resignation comes at a time when closing of the company's accounts for FY22 has not been completed. In its statement to the SEC, Azure expressed inability to give a timeline for submission of its annual report on 'Form 20-F' for the financial year ending March 2022. "The company reiterates that it is working in close consultation with its advisers to close its annual accounts," it said.

These stocks are expected to return between 11% and 26% | Economic Times

August 29, 2022 0
These stocks are expected to return between 11% and 26% | Economic Times
These stocks are expected to return between 11% and 26% https://ift.tt/ZwgK341 brokerage has raised its price target on the stock to Rs 290 from Rs 275, while maintaining a buy rating, citing strong coal demand in 2022 and 2023. Coal India, which has a dividend yield of 7.2%, is its top stock pick in the metals and mining sector.

Prasol Chemicals gets Sebi's nod to raise Rs 800 crore via IPO | Economic Times

August 29, 2022 0
Prasol Chemicals gets Sebi's nod to raise Rs 800 crore via IPO | Economic Times
Prasol Chemicals gets Sebi's nod to raise Rs 800 crore via IPO https://ift.tt/Lk4nlCp Chemicals, which filed its preliminary IPO papers with the regulator in April, obtained its "observation" letter on August 23, an update with the Securities and Exchange Board of India (Sebi) showed on Monday.

Wall Street retreats as rate hike concerns persist | Economic Times

August 29, 2022 0
Wall Street retreats as rate hike concerns persist | Economic Times
Wall Street retreats as rate hike concerns persist https://ift.tt/l7yPYT4 market traders are pricing in a 72.5% chance of a 75-basis-point interest rate hike at the Fed's September meeting, which would be the third straight hike of that magnitude. They expect the Fed funds rate to end the year at about 3.7%.

NARCL finding its feet, banks should give it a chance: Tewari | Economic Times

August 29, 2022 0
NARCL finding its feet, banks should give it a chance: Tewari | Economic Times
NARCL finding its feet, banks should give it a chance: Tewari https://ift.tt/YF4KhUv is a new organisation. The CEOs of both NARCL and IDRCL took over as recently as June and July. They were still hiring people as recently as last month. The initial list was of legacy cases where banks had not succeeded. So there will be a difference between the value banks expect and what NARCL offers because they have a responsibility to shareholders and the government.

Sunday, August 28, 2022

Abu Dhabi’s SWFs in talks to join $500m Byju’s fundraise | Economic Times

August 28, 2022 0
Abu Dhabi’s SWFs in talks to join $500m Byju’s fundraise | Economic Times
Abu Dhabi’s SWFs in talks to join $500m Byju’s fundraise https://ift.tt/6dtjlxZ fund was looking at 50% discount to $22 billion valuation; Co negotiating equity option or structured pre IPO placement investment at 20% discount to $22 bn valuation, FY21 audited results key.

Congress president election to be held on October 17, counting of votes on October 19 | Economic Times

August 28, 2022 0
Congress president election to be held on October 17, counting of votes on October 19 | Economic Times
Congress president election to be held on October 17, counting of votes on October 19 https://ift.tt/GQE7HWv Chief Minister Ashok Gehlot has emerged as the top choice for the Congress president's post. Sources said that Sonia Gandhi had requested him to contest during a meeting which she held before heading abroad for medical checkup and treatment.

Vinod Nair decodes impact of recession on stock markets | Economic Times

August 28, 2022 0
Vinod Nair decodes impact of recession on stock markets | Economic Times
Vinod Nair decodes impact of recession on stock markets https://ift.tt/8WLRhI3 is defined as the period when the economic activities, i.e., demand and supply breakdown below the normal level of momentum in the economy. Gross domestic products (GDP) is used as a key indicator to assess the rate of growth of an economy. Quarterly data of real GDP growth provides a decent indication of the ongoing economy.

Learn with ETMarkets: Beginners guide to F&O trading | Economic Times

August 28, 2022 0
Learn with ETMarkets: Beginners guide to F&O trading | Economic Times
Learn with ETMarkets: Beginners guide to F&O trading https://ift.tt/ANvWCyL, earmark only 10% of your investible capital to begin trading in F&O. Why? Because F&O is a leveraging game. You may end up with the temptation of higher returns and taking higher exposure which may not suit your risk appetite.

M-cap of seven of top-10 valued firms tumbles over Rs 1.54 lakh cr | Economic Times

August 28, 2022 0
M-cap of seven of top-10 valued firms tumbles over Rs 1.54 lakh cr | Economic Times
M-cap of seven of top-10 valued firms tumbles over Rs 1.54 lakh cr https://ift.tt/h8d0gXF Industries Limited, ICICI Bank and State Bank of India were the only gainers in the top-10 pack.The market valuation of Tata Consultancy Services (TCS) plunged Rs 59,862.08 crore to Rs 11,78,818.29 crore.The valuation of Infosys tanked Rs 31,789.31 crore to Rs 6,40,351.57 crore.HDFC Bank's valuation declined by Rs 16,090.67 crore to Rs 8,13,952.05 crore and that of Hindustan Unilever fell by Rs 14,814.18 crore to Rs 6,04,079.91 crore.

Saturday, August 27, 2022

Gold loses for a second week as Fed continues with hawkish stance | Economic Times

August 27, 2022 0
Gold loses for a second week as Fed continues with hawkish stance | Economic Times
Gold loses for a second week as Fed continues with hawkish stance https://ift.tt/9DKCe0t Fed Chairman reaffirmed the need for continuing with the rate hikes to get inflation under control. Powell said that the economy needs tight policy for some time before inflation is under control.

It's Congress that has got 'Azadi' from Azad: Youth Congress president Srinivas BV | Economic Times

August 27, 2022 0
It's Congress that has got 'Azadi' from Azad: Youth Congress president Srinivas BV | Economic Times
It's Congress that has got 'Azadi' from Azad: Youth Congress president Srinivas BV https://ifttt.com/images/no_image_card.png"It's not Azad which has got Azadi from Congress, but Congress which has got Azadi from him. The Congress party leadership has always entrusted him and stood by his side at times of despair. But alas, he couldn't give back to the party!" he said.

How can a US recession impact Indian economy, stocks? | Economic Times

August 27, 2022 0
How can a US recession impact Indian economy, stocks? | Economic Times
How can a US recession impact Indian economy, stocks? https://ift.tt/L7NQhy6 study on US recessions over the past 50-odd years by Nirmal Bang suggests that recessions caused by the Federal Reserve are not uncommon. A saving grace is that recessions caused by Fed tightening are usually shallow and short-lived, and have lasted 1-3 quarters with the average decline in GDP well under 1 per cent. Here's how a US recession may impact India.

Wall St Week Ahead: US summer stock rally at risk as September looms | Economic Times

August 27, 2022 0
Wall St Week Ahead: US summer stock rally at risk as September looms | Economic Times
Wall St Week Ahead: US summer stock rally at risk as September looms https://ift.tt/9DKCe0t S&P has been in a bear market since plummeting early this year as investors priced in the expectation of aggressive Federal Reserve interest rate hikes, but the index has rallied strongly since June, regaining half its losses for the year.

How behavioral science can help make you a better investor | Economic Times

August 27, 2022 0
How behavioral science can help make you a better investor | Economic Times
How behavioral science can help make you a better investor https://ift.tt/wIUqQAz also helps them recognise a bad decision, which can pave the way to make suitable amends. In the stock markets, humility helps one recover from a bad investment and recoup the loss by finding an alternate investment.

Gujarat: Communal tension eases at Kutch village after cops nab murder accused; heavy security in place | Economic Times

August 27, 2022 0
Gujarat: Communal tension eases at Kutch village after cops nab murder accused; heavy security in place | Economic Times
Gujarat: Communal tension eases at Kutch village after cops nab murder accused; heavy security in place https://ifttt.com/images/no_image_card.png​​​A group of members from a community attacked and vandalised shops and a place of worship of another social group on Friday evening in Madhapar, located just four km away from the 'Smriti Van' memorial for earthquake victims, which will be inaugurated by Prime Minister Narendra Modi on Sunday.

Friday, August 26, 2022

Sebi amends rules for portfolio managers' investments in 'associates' | Economic Times

August 26, 2022 0
Sebi amends rules for portfolio managers' investments in 'associates' | Economic Times
Sebi amends rules for portfolio managers' investments in 'associates' https://ift.tt/Atmeqfh came after Sebi amended portfolio managers' rules on Monday that mandated prudential limits on investments in associates and related parties of portfolio managers, the requirement of taking prior consent of clients for such investments and restrictions based on the credit rating of securities.

Thursday, August 25, 2022

HNIs face new dos & don'ts on foreign bets | Economic Times

August 25, 2022 0
HNIs face new dos & don'ts on foreign bets | Economic Times
HNIs face new dos & don'ts on foreign bets https://ift.tt/a38Jtbs now, a person (besides investing in listed stocks) could invest up to 10% in a foreign 'holding' or an unlisted investment company - often created by a group of HNI investors coming together. This investment vehicle in turn traded in financial derivatives and cryptos which are disallowed under the LRS.

Share of daily cash volumes declines to a decade's low | Economic Times

August 25, 2022 0
Share of daily cash volumes declines to a decade's low | Economic Times
Share of daily cash volumes declines to a decade's low https://ift.tt/tnzDZQj average daily cash market turnover in 2022 was ₹61,942 crore compared to ₹75,198 crore a day in 2021. The market capitalisation has increased from an average of ₹148 trillion in 2020 to ₹263 trillion in 2022. The average daily turnover in 2020 was ₹57,614 crore a day.

GAIL in gas import talks with Russia's Gazprom | Economic Times

August 25, 2022 0
GAIL in gas import talks with Russia's Gazprom | Economic Times
GAIL in gas import talks with Russia's Gazprom https://ift.tt/jUgaqEs Petersburg-based Gazprom, the state-owned multinational energy company, has likely proposed to the Indian public sector company that it purchase the fuel from Gazprom Singapore and settle payments in euros in future trades.

IRDAI's new rules on commissions give cos flexibility | Economic Times

August 25, 2022 0
IRDAI's new rules on commissions give cos flexibility | Economic Times
IRDAI's new rules on commissions give cos flexibility https://ift.tt/vnWmZzX a draft notification earlier this week, the Insurance Regulatory and Development Authority of India (IRDAI) set a 20% commission cap for general insurance companies, down from the 30% to 35% they could charge earlier. The regulator also allowed life insurers whose expenses were under 70% of the allowable limit to set their own commission rates across product segments.

Wednesday, August 24, 2022

Paper stocks continue rally on likely price hike; analysts sound caution | Economic Times

August 24, 2022 0
Paper stocks continue rally on likely price hike; analysts sound caution | Economic Times
Paper stocks continue rally on likely price hike; analysts sound caution https://ifttt.com/images/no_image_card.png"Investors wishing to make fresh purchases in paper stocks now should be mindful of the run-up witnessed in many months as many of the leading players are not compelling enough on valuation parameters now," said S Ranganathan, head of research at LKP Securities.

Robust demand to catalyse Tata Chemicals growth | Economic Times

August 24, 2022 0
Robust demand to catalyse Tata Chemicals growth | Economic Times
Robust demand to catalyse Tata Chemicals growth https://ift.tt/7mc2sLS Tata Chemicals has an ambition to incrementally increase its presence in specialty chemicals, the basic chemicals segment, which forms 75-80% of the revenue, will continue to influence the financials in the medium term.

Oil prices rise on possible OPEC supply cuts | Economic Times

August 24, 2022 0
Oil prices rise on possible OPEC supply cuts | Economic Times
Oil prices rise on possible OPEC supply cuts https://ift.tt/0ofNSq8 sources later told Reuters that any cuts by the producer group and its allies, known collectively as OPEC+, are likely to coincide with a return of Iranian oil to the market should Tehran secure a nuclear deal with world powers.

India needs to rebuild its pandemic-hit MSMEs says Sen | Economic Times

August 24, 2022 0
India needs to rebuild its pandemic-hit MSMEs says Sen | Economic Times
India needs to rebuild its pandemic-hit MSMEs says Sen https://ift.tt/z3qKU9t support MSME, he called for strengthening the architecture of India's financial system through a greater partnership between banks and non-banking financial institutions (NBFCs).

Tuesday, August 23, 2022

Big Movers on D-St: What should investors do with GE Shipping, Kalyan Jewellers and Deepak Fertilisers? | Economic Times

August 23, 2022 0
Big Movers on D-St: What should investors do with GE Shipping, Kalyan Jewellers and Deepak Fertilisers? | Economic Times
Big Movers on D-St: What should investors do with GE Shipping, Kalyan Jewellers and Deepak Fertilisers? https://ift.tt/pz5Ec40 which were in focus included GE Shipping which rose more than 6 per cent, Kalyan Jewellers which gained nearly 10 per cent, and Deepak Fertilisers which rose 5 per cent.

Dreamfolks on route to revival, but it's best to wait & watch | Economic Times

August 23, 2022 0
Dreamfolks on route to revival, but it's best to wait & watch | Economic Times
Dreamfolks on route to revival, but it's best to wait & watch https://ift.tt/FsMUtx1 company’s revenue growth is directly linked to the demand for travel by air. After the revenue-destructive impact of the pandemic on the travel industry, the company’s business is reviving.

Inflation has peaked, RBI aims to bring it down to 4% within 2 years, says Guv | Economic Times

August 23, 2022 0
Inflation has peaked, RBI aims to bring it down to 4% within 2 years, says Guv | Economic Times
Inflation has peaked, RBI aims to bring it down to 4% within 2 years, says Guv https://ift.tt/FsMUtx1 latest data show India's consumer price inflation fell to a five-month low of 6.71% in July. Despite the numbers indicating a cool-off, consumer inflation has been above RBI's tolerance band and medium-term target for 34 straight months.

Sintex Industries resolution delay makes lenders wait longer for recovery | Economic Times

August 23, 2022 0
Sintex Industries resolution delay makes lenders wait longer for recovery | Economic Times
Sintex Industries resolution delay makes lenders wait longer for recovery https://ift.tt/FsMUtx1 said shareholder had opposed the decision, citing suspension of the company's stock from trading before the case was admitted in NCLT which had caused him a financial loss. "But the irony is that the court has already heard the shareholder in July and even in that case no order has been passed. So, we are moving in circles," said a second person cited above.

Dreamfolks on route to revival, but it's best to wait & watch | Economic Times

August 23, 2022 0
Dreamfolks on route to revival, but it's best to wait & watch | Economic Times
Dreamfolks on route to revival, but it's best to wait & watch https://ift.tt/V6l7wYG FY22 earnings, the company demands a price-earnings (P/E) multiple of 105. It has no listed peers. Given the size of its operations, valuation appears to be steep though skewed by a sharp fall in the profit due to the pandemic. Considering the pre-pandemic profit level, the P/E works out to be around 55.

CP sales fall 60% as short-term rates soar | Economic Times

August 23, 2022 0
CP sales fall 60% as short-term rates soar | Economic Times
CP sales fall 60% as short-term rates soar https://ift.tt/A0M34cK, the massive outflow of funds from debt schemes due to losses on mark to market has put pressure on rates that mutual funds demand for buying CPs. Outstanding CP issues in the market are down by a fifth to Rs 3.8 lakh crore."Slowdown in CP issuances is mainly because of sharp rise in short term rates. And borrowers are moving back to banks

Oil prices fall as fears of imminent OPEC+ output cut recede | Economic Times

August 23, 2022 0
Oil prices fall as fears of imminent OPEC+ output cut recede | Economic Times
Oil prices fall as fears of imminent OPEC+ output cut recede https://ift.tt/z4nbFxW tight supply, U.S. crude stockpiles fell by about 5.6 million barrels for the week ended Aug. 19., according to market sources citing American Petroleum Institute figures on Tuesday, against analysts' estimate of a drop by 900,000 barrels in a Reuters poll.

Monday, August 22, 2022

Big Movers on D-St: What should investors do with Adani Power, ITC and Tata Communications? | Economic Times

August 22, 2022 0
Big Movers on D-St: What should investors do with Adani Power, ITC and Tata Communications? | Economic Times
Big Movers on D-St: What should investors do with Adani Power, ITC and Tata Communications? https://ift.tt/pz5Ec40 that were in focus included Adani Power which closed with gains of 5 per cent, ITC which hit a 52-week high and closed marginally higher and Tata Communications which ended with gains of nearly 1 per cent but with strong volumes on Monday.

Stocks in the news: TCS, NTPC, Tata Power, Glenmark Pharma and RBL Bank | Economic Times

August 22, 2022 0
Stocks in the news: TCS, NTPC, Tata Power, Glenmark Pharma and RBL Bank | Economic Times
Stocks in the news: TCS, NTPC, Tata Power, Glenmark Pharma and RBL Bank https://ift.tt/J5Ou4nQ Consultancy Services, country's largest software exporter, has bagged a contract for an undisclosed sum from Africa's Absa Corporate and Investment Bank.

SP Group may raise 'low dividend' issue at Tata Sons AGM | Economic Times

August 22, 2022 0
SP Group may raise 'low dividend' issue at Tata Sons AGM | Economic Times
SP Group may raise 'low dividend' issue at Tata Sons AGM https://ift.tt/JYItLvr Tata Group holding company posted a 164% rise in net profit to ₹17,171 crore in the year ended March and announced a dividend cash outflow of ₹404.15 crore, or about 2.4%. Officials close to the SP Group said this is meagre against the industry normal of more than 25% and over 70% at Tata Consultancy Services (TCS).

Vox MPC: Inflation a priority, rate hikes likely, bigger ones may be not | Economic Times

August 22, 2022 0
Vox MPC: Inflation a priority, rate hikes likely, bigger ones may be not | Economic Times
Vox MPC: Inflation a priority, rate hikes likely, bigger ones may be not https://ift.tt/Vpr3uwD are that the MPC will continue to vote for higher interest rates in its next two meetings in September and December taking the Reserve Bank of India's (RBI) benchmark repo rate at least 50 basis points higher from the current 5.40%. One basis point is 0.01%.

FPIs lap up banking and finance stocks as credit cycle recovers | Economic Times

August 22, 2022 0
FPIs lap up banking and finance stocks as credit cycle recovers | Economic Times
FPIs lap up banking and finance stocks as credit cycle recovers https://ift.tt/BV3IQ8R stocks are back in demand as fresh bank sanction of loans rose by 90% to Rs 1.4 lakh crore in FY22 after a multi-year drop in FY21. In the previous corporate capex cycle fresh bank sanctions rose to Rs 4 lakh cr between FY10 and FY11. Further, the real lending rates have turned softer.

Sunday, August 21, 2022

'Investors can add gold to portfolios despite near-term price weakness' | Economic Times

August 21, 2022 0
'Investors can add gold to portfolios despite near-term price weakness' | Economic Times
'Investors can add gold to portfolios despite near-term price weakness' https://ift.tt/eCR9tEf prices may continue to remain range bound as the US dollar continues to strengthen and investors wait to see how the US Federal Reserve tackles inflation and its commentary on further interest rate hikes.

Nifty could be sailing in choppy waters: Analysts | Economic Times

August 21, 2022 0
Nifty could be sailing in choppy waters: Analysts | Economic Times
Nifty could be sailing in choppy waters: Analysts https://ifttt.com/images/no_image_card.png​As Nifty reversed its uptrend from the highs, one may look to reduce long trading positions or place strict stop loss for the longs. It is advised to create short trading positions for the immediate downside target of 17,330. Sectorally, banking, healthcare, realty, metal, and automobiles will show weakness in the coming weeks.

Fed Chief Powell has chance to reset market expectations at Jackson Hole | Economic Times

August 21, 2022 0
Fed Chief Powell has chance to reset market expectations at Jackson Hole | Economic Times
Fed Chief Powell has chance to reset market expectations at Jackson Hole https://ift.tt/pyUc4lQ speaks on the economic outlook at 10 a.m. Washington time Friday and is expected to re-state the Fed's resolve to keep raising interest rates to get inflation under control, though he'll probably stop short of signaling how big officials will go when they meet next month.

Recession fears set to split stocks and bonds after summer rally | Economic Times

August 21, 2022 0
Recession fears set to split stocks and bonds after summer rally | Economic Times
Recession fears set to split stocks and bonds after summer rally https://ift.tt/WHTUDJR near 12% advance in July and August has put US stocks on course for one of their best summers on record. And companies’ bonds have gained 4.6% in the US and 3.4% globally since bottoming out in mid-June. Having moved in tandem, the two are now set to diverge, with bonds looking better placed to extend the rally as the dash to safety in an economic downturn will offset a rise in risk premiums.

'Investors can add gold to portfolios despite near-term price weakness' | Economic Times

August 21, 2022 0
'Investors can add gold to portfolios despite near-term price weakness' | Economic Times
'Investors can add gold to portfolios despite near-term price weakness' https://ift.tt/eCR9tEf prices may continue to remain range bound as the US dollar continues to strengthen and investors wait to see how the US Federal Reserve tackles inflation and its commentary on further interest rate hikes.

Reliance Industries files contempt petition against Sebi before apex court | Economic Times

August 21, 2022 0
Reliance Industries files contempt petition against Sebi before apex court | Economic Times
Reliance Industries files contempt petition against Sebi before apex court https://ift.tt/oShTEYN move comes at a time when Sebi plans to file a review petition in the apex court against the August 5 order that had ruled in favour of the company on accessing the relevant documents.

Gold down 3% in a week! Bulls lose nerve as US dollar remains the preferred safe haven | Economic Times

August 21, 2022 0
Gold down 3% in a week! Bulls lose nerve as US dollar remains the preferred safe haven | Economic Times
Gold down 3% in a week! Bulls lose nerve as US dollar remains the preferred safe haven https://ift.tt/oShTEYN US dollar index rose sharply last week and tested a 1-month high. The US dollar index edged up amid ongoing debate about the Fed’s monetary policy stance and amid increased safe-haven buying on the back of geopolitical tensions and growth worries.The trend in the US dollar has been one of the key price determining factors for gold and this relationship remains intact as market players try to assess Fed’s monetary policy stance.

BJP makes changes to address organisational issues, political challenges | Economic Times

August 21, 2022 0
BJP makes changes to address organisational issues, political challenges | Economic Times
BJP makes changes to address organisational issues, political challenges https://ifttt.com/images/no_image_card.png​​​The recent revamp of its apex organisational body, Parliamentary Board, may have made more news for its omissions-Union minister Nitin Gadkari and Madhya Pradesh Chief Minister Shivraj Singh Chouhan were dropped, but the BJP has also made it more socially and regionally representative.

'How can the country progress? Game of CBI, ED': Kejriwal on LOC to Sisodia | Economic Times

August 21, 2022 0
'How can the country progress? Game of CBI, ED': Kejriwal on LOC to Sisodia | Economic Times
'How can the country progress? Game of CBI, ED': Kejriwal on LOC to Sisodia https://ifttt.com/images/no_image_card.png"Instead of fighting inflation and unemployment, the Centre is fighting with the country at a time when it should make efforts with the state government when crores of youth are unemployed and the common man is battling with inflation," Kejriwal said in a tweet.

Saturday, August 20, 2022

As earning season gets over, here are 5 key triggers for Nifty this week | Economic Times

August 20, 2022 0
As earning season gets over, here are 5 key triggers for Nifty this week | Economic Times
As earning season gets over, here are 5 key triggers for Nifty this week https://ifttt.com/images/no_image_card.png“Markets may witness consolidation after five weeks of the successive rise and it would be healthy. We hardly saw any major decline in the index in the recent phases of consolidation, however a lot would depend on the performance of US indices where we still see room for further upside,” said Ajit Mishra, VP - Research, Religare Broking.

Mcap of five of top-10 firms declines Rs 30,737.51 cr last week | Economic Times

August 20, 2022 0
Mcap of five of top-10 firms declines Rs 30,737.51 cr last week | Economic Times
Mcap of five of top-10 firms declines Rs 30,737.51 cr last week https://ift.tt/qext3rS Reliance Industries, Tata Consultancy Services, ICICI Bank, State Bank of India and Bajaj Finance were the laggards from the top-10 pack, HDFC Bank, Infosys, Hindustan Unilever, HDFC and Life Insurance Corporation of India (LIC) were the gainers.

Rupee against USD could trade in 78.10 and 80.80 band in next few weeks; here’s why | Economic Times

August 20, 2022 0
Rupee against USD could trade in 78.10 and 80.80 band in next few weeks; here’s why | Economic Times
Rupee against USD could trade in 78.10 and 80.80 band in next few weeks; here’s why https://ift.tt/oShTEYN Fed in its policy statement mentioned that it would not flinch in its battle against the most intense breakout of inflation in the US since the 1980s even if that means a "sustained period" of economic weakness and a slowing jobs market.

How cheap-clone ETFs are sucking billions away from bigger siblings | Economic Times

August 20, 2022 0
How cheap-clone ETFs are sucking billions away from bigger siblings | Economic Times
How cheap-clone ETFs are sucking billions away from bigger siblings https://ift.tt/AZFUhiR proximate cause: SPY charges a comparatively beefy 10 basis points versus just 3 for its younger clone known as the $15 billion SPDR Portfolio S&P 500 exchange-traded fund (SPLG).A similar dynamic has also hit big-name ETFs investing in everything from Big Tech stocks and high-yield credit

Friday, August 19, 2022

Buffett's Berkshire Hathaway wins OK to buy 50% Occidental stake | Economic Times

August 19, 2022 0
Buffett's Berkshire Hathaway wins OK to buy 50% Occidental stake | Economic Times
Buffett's Berkshire Hathaway wins OK to buy 50% Occidental stake https://ift.tt/FXeYxps investors and analysts have nonetheless said Berkshire could eventually buy Occidental, diversifying an energy portfolio that includes several utilities, electricity distributors, and renewable power projects including wind.

US dollar net longs rise; euro shorts hit biggest since February 2020 | Economic Times

August 19, 2022 0
US dollar net longs rise; euro shorts hit biggest since February 2020 | Economic Times
US dollar net longs rise; euro shorts hit biggest since February 2020 https://ift.tt/dOr3iyo is why Treasury yields have been able to recover from their lows ploughed at the start of the month, giving the US dollar, which has been benefiting from renewed safety flows, an extra helping hand."

JBF Petro lenders extend deadline to get better value | Economic Times

August 19, 2022 0
JBF Petro lenders extend deadline to get better value | Economic Times
JBF Petro lenders extend deadline to get better value https://ift.tt/AMmGq0p sector companies GAIL and an ONGC-Indian Oil consortium are likely to compete with Reliance Industries, HPCL-Mittal Energy, Jindal Poly and Kolkata-based MCPI according to the expressions of interest (EoIs) lenders received.

Prices unacceptably, uncomfortably high, MPC noted while raising rate | Economic Times

August 19, 2022 0
Prices unacceptably, uncomfortably high, MPC noted while raising rate | Economic Times
Prices unacceptably, uncomfortably high, MPC noted while raising rate https://ift.tt/O7FV0l5 MPC member Jayanth R Varma dissented on the resolution that said the panel would remain focused on withdrawal of accommodation while seeking to achieve simultaneous goals of restraining inflation and underpinning growth.

Don't let freebies be a crutch | Economic Times

August 19, 2022 0
Don't let freebies be a crutch | Economic Times
Don't let freebies be a crutch https://ift.tt/6gXV3C7 debate on freebie politics has to be a debate on how policies that foster the 'spirit of enterprise' are morally and ethically - not to mention, economically - superior to the politics that breed a 'culture of entitlement'.

Thursday, August 18, 2022

FIs raise wagers on auto stocks amid improving volume visibility | Economic Times

August 18, 2022 0
FIs raise wagers on auto stocks amid improving volume visibility | Economic Times
FIs raise wagers on auto stocks amid improving volume visibility https://ift.tt/6gXV3C7 auto sector has caught the fancy of investors over the past few months thanks to strong volume visibility for passenger vehicles, a spate of new launches, and value unlocking from monetization of the electric vehicle (EV) subsidiaries.

Goldilocks scenario may support bull run: HSBC | Economic Times

August 18, 2022 0
Goldilocks scenario may support bull run: HSBC | Economic Times
Goldilocks scenario may support bull run: HSBC https://ift.tt/6gXV3C7 Nifty and the Sensex have run up around 17-18% from their June 17 lows. Both indices are around 3% away from their all-time highs. HSBC said Nifty's valuation, measured by Price to Earnings (PE) ratio at 19.6 times, has recovered above its five-year mean but is still 15% below its peak of 23 times in October 2021 when the Sensex and Nifty hit all-time highs.

India's NBFCs on a stronger wicket now, RBI economists say | Economic Times

August 18, 2022 0
India's NBFCs on a stronger wicket now, RBI economists say | Economic Times
India's NBFCs on a stronger wicket now, RBI economists say https://ift.tt/QGZuv2T on supervisory data, in quarter-ending December 2021, the consolidated balance sheet of NBFCs grew at a faster pace than the corresponding period in the previous year. The bottom lines of the NBFC sector also improved in Q2 and Q3: 2021-22 with the waning of the second wave of COVID-19.

Inflation is easing, but a target of 4% will be challenging | Economic Times

August 18, 2022 0
Inflation is easing, but a target of 4% will be challenging | Economic Times
Inflation is easing, but a target of 4% will be challenging https://ift.tt/CnuLhdr be sure, with inflation levels above the target band for over six months, the Reserve Bank has cumulatively raised the benchmark policy repo rate by 90 basis points ( one bps is 0.01 per cent) since may and is now at 5.4 per cent Though economic activity was sluggish in July compared to June, the recovery in the Indian economy is expected to gain momentum going by the preliminary indicators like investment in capex and pick up in consumption demand.

Wall Street ends higher, Cisco Systems jumps after forecast | Economic Times

August 18, 2022 0
Wall Street ends higher, Cisco Systems jumps after forecast | Economic Times
Wall Street ends higher, Cisco Systems jumps after forecast https://ift.tt/mijIvsV, Cisco's stock gained 5.8% and was among the biggest positives on the three major indexes, after it provided an upbeat forecast for first-quarter sales late on Wednesday as a COVID-19 recovery in China eased supply chain shortages.

Wednesday, August 17, 2022

Wall Street ends down, but indexes briefly cut losses after Fed minutes | Economic Times

August 17, 2022 0
Wall Street ends down, but indexes briefly cut losses after Fed minutes | Economic Times
Wall Street ends down, but indexes briefly cut losses after Fed minutes https://ifttt.com/images/no_image_card.png"They stayed hawkish, but they also opened the door perhaps for a half of a percentage point hike in September as opposed to 75," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.

IDBI Bank stake sale: TPG, Carlyle, Fairfax tapped | Economic Times

August 17, 2022 0
IDBI Bank stake sale: TPG, Carlyle, Fairfax tapped | Economic Times
IDBI Bank stake sale: TPG, Carlyle, Fairfax tapped https://ift.tt/u5Uto6m government and LIC together own more than 94% equity in IDBI Bank. The combined state holding in the bank, which had among the highest proportions of bad loans, is valued in excess of ₹41,000 crore at current market prices.

Kharif output may take big hit: Experts | Economic Times

August 17, 2022 0
Kharif output may take big hit: Experts | Economic Times
Kharif output may take big hit: Experts https://ift.tt/emyZXrx is a 52.98% % deficit in the sowing area, from 99.73 million hectares in 2021 to 46.897 million hectares as on August 12, according to data on the agriculture ministry's National Food Security Mission website.

Tuesday, August 16, 2022

Stocks to buy today: 8 short-term trading ideas by experts for 17 August | Economic Times

August 16, 2022 0
Stocks to buy today: 8 short-term trading ideas by experts for 17 August | Economic Times
Stocks to buy today: 8 short-term trading ideas by experts for 17 August https://ifttt.com/images/no_image_card.png“Though Nifty paused on Tuesday at 17,835, we are not convinced that Nifty has topped out. This encourages us to continue riding the 18,200 view, but with VIX slipping, trading ranges are indeed shrinking,” Anand James - Chief Market Strategist at Geojit Financial Services, said.

Big Movers on D-St: What should investors do with Apollo Tyres, Adani Enterprises and Solar Industries? | Economic Times

August 16, 2022 0
Big Movers on D-St: What should investors do with Apollo Tyres, Adani Enterprises and Solar Industries? | Economic Times
Big Movers on D-St: What should investors do with Apollo Tyres, Adani Enterprises and Solar Industries? https://ift.tt/KZvT4bc that were in focus include Apollo Tyres which was up 6 per cent, Solar Industries which gained over 4 per cent, and Adani Enterprises which hit a fresh 52-week high and closed with gains of nearly 4 per cent on Tuesday.

NTPC taps CPPIB, TAQA to sell green arm stake | Economic Times

August 16, 2022 0
NTPC taps CPPIB, TAQA to sell green arm stake | Economic Times
NTPC taps CPPIB, TAQA to sell green arm stake https://ift.tt/QaKXRDx has 2.3 GW renewable energy capacity under operation and 3.4 GW being built. It has a target of 15 GW renewable energy capacity by FY26.

Update in products will aid higher VNB for LIC | Economic Times

August 16, 2022 0
Update in products will aid higher VNB for LIC | Economic Times
Update in products will aid higher VNB for LIC https://ift.tt/MUarRSE company has included 262 products in product profitability calculation compared to just 94 products included earlier, which will help increase VNB Macquarie said. VNB is the present value of future earnings from policies issued and reflects the additional earnings expected to be generated through the new policies issued.

Three companies file papers to raise Rs 7,500 cr as buzz returns to IPO market | Economic Times

August 16, 2022 0
Three companies file papers to raise Rs 7,500 cr as buzz returns to IPO market | Economic Times
Three companies file papers to raise Rs 7,500 cr as buzz returns to IPO market https://ift.tt/CgJtwY3 far in 2022, about 63 companies have filed draft papers with Sebi, while 17 companies, including LIC, have raised about ₹41,140 crore from the IPOs. About 71 companies which have received Sebi approval are waiting for a better time to launch IPOs.

Sebi questions 'senior-junior' fund deals by non-bank lenders | Economic Times

August 16, 2022 0
Sebi questions 'senior-junior' fund deals by non-bank lenders | Economic Times
Sebi questions 'senior-junior' fund deals by non-bank lenders https://ift.tt/vXT20rx the past two years, some of the large non-banking finance companies (NBFCs) have transferred real estate and other wholesale loan exposures at the first hint of stress to new alternative investment funds (AIFs) that they set up in partnership with PEs and asset managers.

Bharti Airtel set to raise Rs 3,000 crore via CPs | Economic Times

August 16, 2022 0
Bharti Airtel set to raise Rs 3,000 crore via CPs | Economic Times
Bharti Airtel set to raise Rs 3,000 crore via CPs https://ift.tt/MUarRSE telecom operator is selling commercial papers (CPs) with maturities of up to 12 months, the people said. SBI Mutual Fund is said to have agreed to subscribe to more than Rs 1,000 crore of Airtel’s debt and the country's largest fund house will likely opt for CPs maturing in February next year at 6.53%, they said.

SBI files insolvency petition against Bajaj Hindusthan | Economic Times

August 16, 2022 0
SBI files insolvency petition against Bajaj Hindusthan | Economic Times
SBI files insolvency petition against Bajaj Hindusthan https://ift.tt/WaplUy7 the last fiscal year, the company had posted a consolidated net loss of Rs 267.54 crore and a turnover of Rs 5,607 crore. On August 12, the company reported that for the quarter ended June of this fiscal year, its net loss stood at Rs 45 crore and total income at Rs 1,538 crore.

Monday, August 15, 2022

Core inflation above tolerance band, another rate hike likely | Economic Times

August 15, 2022 0
Core inflation above tolerance band, another rate hike likely | Economic Times
Core inflation above tolerance band, another rate hike likely https://ift.tt/RKoSiyv measured by the consumer price index (CPI) eased to 6.7% in July, from 7% in June, but was primarily led by volatile components such as vegetables, edible oil, gold, silver, petrol and diesel.

Wall Street climbs, adding to recent gains as megacaps rise | Economic Times

August 15, 2022 0
Wall Street climbs, adding to recent gains as megacaps rise | Economic Times
Wall Street climbs, adding to recent gains as megacaps rise https://ift.tt/MUarRSE Fed since March has delivered a stiff set of interest rate increases in an effort to battle inflation. Some investors have worried that an aggressive pace of rate hikes by the U.S. central bank could push the economy into recession.

Banks gear up for a festival boost to loan, profit growth | Economic Times

August 15, 2022 0
Banks gear up for a festival boost to loan, profit growth | Economic Times
Banks gear up for a festival boost to loan, profit growth https://ift.tt/SHRvtiq per the latest data released by the Reserve Bank of India, credit growth continued its strong upward run with a 15.1% increase year-on-year, the fastest since April 2019, in the fortnight ended July 29. The bulk of the growth has been driven by retail loans - home loans and personal - while corporate demand is also showing signs of revival.

Spinach Quinoa Bowl

August 15, 2022 0
Spinach Quinoa Bowl
Looking for a quick and light dish to enjoy for lunch? Then try this simple recipe with a desi twist. Made with the goodness of quinoa, spinach, chilies, garlic, this dish is perfect for lunch or tiffin and can be made in just a few minutes. Just blanch spinach and boil quinoa, rest the preparation will take less than 10 minutes. Try it today and share your feedback with us in the below given section.

INGREDIENTS

1 cup quinoa

1 cup spinach

1 teaspoon garlic paste

1 teaspoon mustard oil

1 Pinches black mustard seeds

0 salt as required

0 black pepper as required

2 dry red chili

How to make Spinach Quinoa Bowl

Step 1

To begin with this recipe boil quinoa in water, drain the excess water and keep it aside. In the meantime blanch the spinach leaves.

Step 2

Next, take a pan and add mustard oil followed by mustard seeds, red chilies, garlic and toss.

Step 3

Then add in spinach, quinoa and cook the dish for 5 minutes. Lastly season with salt and pepper. Enjoy it hot!

Via Recipes & Food: Easy & Healthy Recipes, Beverages, Food Articles Online on Times Food https://ift.tt/VWzuxhY

Mango Spinach Rice Rolls

August 15, 2022 0
Mango Spinach Rice Rolls
Craving for a delicious and light meal? Then try these sumptuous Mango Spinach Rice Rolls at the comfort of your home and enjoy. This simple yet healthy mix is a mélange of flavours tucked in a rice sheet wrap and served with light soy and sesame seeds dressing. If you are someone who loves the mélange of sweet and tangy flavours, then this avocado and mango dish is perfect to please the palate with a amalgamation of flavours. So, try it today and enjoy this exotic delight.

INGREDIENTS

2 rice paper sheets

1 cup sushi rice

2 tablespoon spinach

60 gm tofu

1/2 mango

1/2 avocados

0 soy sauce as required

0 sesame seeds as required

How to make Mango Spinach Rice Rolls

Step 1

To make this easy recipe, dab the rice sheets in water and remove the excess water using a kitchen towel. Then place it on a kitchen tray.

Step 2

Next, add some boiled sticky rice in the on the whole rice sheet, place the spinach followed by tofu, mangoes and avocados.

Step 3

Wrap it like a roll and tuck the sides in tightly to close it . Cut it into half or 2inch pieces. Lastly, enjoy with soy and sesame dressing.

Via Recipes & Food: Easy & Healthy Recipes, Beverages, Food Articles Online on Times Food https://ift.tt/VWzuxhY

Weekly Option Strategy: Go for Nifty ladder spread to reduce time cost of buy Call Option | Economic Times

August 15, 2022 0
Weekly Option Strategy: Go for Nifty ladder spread to reduce time cost of buy Call Option | Economic Times
Weekly Option Strategy: Go for Nifty ladder spread to reduce time cost of buy Call Option https://ift.tt/ypxkbHN futures open interest remained low near 1 crore shares and only marginal additions of long positions were seen last week. With subdued OI, a sharp move seems unlikely. On the other hand, banking space has seen significant long accumulation which has been the driver of recent up move in Nifty.

Sunday, August 14, 2022

Rakesh Jhunjhunwala and Radhakishan Damani, the Jai and Veeru of Dalal Street | Economic Times

August 14, 2022 0
Rakesh Jhunjhunwala and Radhakishan Damani, the Jai and Veeru of Dalal Street | Economic Times
Rakesh Jhunjhunwala and Radhakishan Damani, the Jai and Veeru of Dalal Street https://ifttt.com/images/no_image_card.png"One of the reasons why I say that life is God's grace and elders blessing for all is because nobody introduced him to Radhakishan Damani. We met on the streets of the Bombay Stock Exchange,” he had said, adding that he treats him as his mentor because he has learnt a lot about markets as well as personal life from the DMart founder.

NSE tracks insider trading rules compliance | Economic Times

August 14, 2022 0
NSE tracks insider trading rules compliance | Economic Times
NSE tracks insider trading rules compliance https://ifttt.com/images/no_image_card.png"NSE has sought a confirmation of compliance from companies-probably to ensure whether companies have been maintaining information in a duly compliant manner. The current move seems to be in line with Sebi's objective of curbing insider trading and to review the compliance status of databases maintained by listed entities," said Moin Ladha, partner at the law firm Khaitan & Co.

Higher cost pressure mars Q1 show for India Inc | Economic Times

August 14, 2022 0
Higher cost pressure mars Q1 show for India Inc | Economic Times
Higher cost pressure mars Q1 show for India Inc https://ift.tt/ELwWieN softening commodity prices and rising consumption, analysts expect the overall corporate performance to improve in the second half of the fiscal year. The aggregate revenue of a sample of 2,638 listed companies, excluding banking and finance firms, increased by a four-quarter high of 41.5% on-year in April-June. But growth in net profit was at a four-quarter low of 15.1%

Bitcoin tops $25,000 for first rime since June amid crypto rally | Economic Times

August 14, 2022 0
Bitcoin tops $25,000 for first rime since June amid crypto rally | Economic Times
Bitcoin tops $25,000 for first rime since June amid crypto rally https://ift.tt/YCFiuX0 largest cryptocurrency rose as much as 2.2% on Sunday to $25,031, its highest level since June 13. It was trading around $24,750 as of 6 a.m. New York time, rising a fifth straight day in a streak fueled by US consumer-price index data that came in below expectations.

Rakesh Jhunjhunwala had five role models but no real guru | Economic Times

August 14, 2022 0
Rakesh Jhunjhunwala had five role models but no real guru | Economic Times
Rakesh Jhunjhunwala had five role models but no real guru https://ift.tt/Xkc2t6V and well-networked, the ‘Oracle of Dalal Street’ was close friends with another veteran investor Radhakishan Damani. Together, they were known as the ‘Jai and Veeru’ of Dalal Street. While fully respecting each other’s viewpoints, the two best friends would often take contrasting calls during their earlier trading days.

Rakesh Jhunjhunwala holdings: 32 stocks gave Big Bull a Rs 32,000 crore-portfolio | Economic Times

August 14, 2022 0
Rakesh Jhunjhunwala holdings: 32 stocks gave Big Bull a Rs 32,000 crore-portfolio | Economic Times
Rakesh Jhunjhunwala holdings: 32 stocks gave Big Bull a Rs 32,000 crore-portfolio https://ift.tt/tUrxHjT also owned 36,250,000 shares or 1.09 per cent stake in Tata Motors and 40,00,000 shares or 5.48 per cent stake in Crisil, taking his personal holdings in the companies to Rs 1,731.1 crore and 1,301.9 crore, respectively.In the remaining companies, the worth of Jhunjhunwala's holdings were less than Rs 1,000 crore, despite owning more than 10 per cent stake in some of them.

Saturday, August 13, 2022

Deutsche Bank sees India stocks beating S&P 500 as earnings grow | Economic Times

August 13, 2022 0
Deutsche Bank sees India stocks beating S&P 500 as earnings grow | Economic Times
Deutsche Bank sees India stocks beating S&P 500 as earnings grow https://ifttt.com/images/no_image_card.png“Indian macros are firing on all cylinders,” Mayank Khemka, chief investment officer for India at the bank, said in an interview, pointing to economic data ranging from power and fuel demand to auto sales. “When all of this is happening, it has to reflect in corporate performance. From here, the expectations of market returns should be in line with earnings growth, which is likely to be in double digits.”

India could be the second most important driver of global growth in 2022 after China: Michael D Patra | Economic Times

August 13, 2022 0
India could be the second most important driver of global growth in 2022 after China: Michael D Patra | Economic Times
India could be the second most important driver of global growth in 2022 after China: Michael D Patra https://ift.tt/M8JQZsI world's third largest economy in terms of purchasing power parity is going to contribute about 14% of global growth this year, he said, even as the country is facing the risk of rising deficit due to higher import bills on the back of global commodity prices.

What's driving the shift to non-linked plans for insurance companies? | Economic Times

August 13, 2022 0
What's driving the shift to non-linked plans for insurance companies? | Economic Times
What's driving the shift to non-linked plans for insurance companies? https://ift.tt/zV7gUpx is expected that the prevailing interest rate situation is favourable for the profitability and growth of life insurers. The current interest rate rise is expected to improve the value of new business (VNB) margins of both participating (par) and non-participating (non-par) insurance products. Participating plans provide guaranteed and non-guaranteed benefits, while non-par plans typically provide guaranteed benefits.

Friday, August 12, 2022

BEML, IGL, Zomato rally up to 24% this week; Natco, Yes Bank among top laggards on BSE500 | Economic Times

August 12, 2022 0
BEML, IGL, Zomato rally up to 24% this week; Natco, Yes Bank among top laggards on BSE500 | Economic Times
BEML, IGL, Zomato rally up to 24% this week; Natco, Yes Bank among top laggards on BSE500 https://ift.tt/wH4Pm3D sectoral indices, BSE Metal index zoomed 5 per cent, followed by a 4 per cent rally in Capital Goods and Power indices each. Energy, utilities, finance and industrial stocks added 3 per cent each during the week. In the BSE 500 index, about 290 stocks settled in the green, whereas others dropped during the four trading sessions; 15 stocks were able to register double-digit gains, whereas only two plunged 10 per cent or more.

Mind Over Money: Prakriti Poddar of RoundGlass explains 4 healing techniques to lift mental wellbeing | Economic Times

August 12, 2022 0
Mind Over Money: Prakriti Poddar of RoundGlass explains 4 healing techniques to lift mental wellbeing | Economic Times
Mind Over Money: Prakriti Poddar of RoundGlass explains 4 healing techniques to lift mental wellbeing https://ift.tt/YCWVcez, they are twice as likely to develop Type 2 diabetes. This all adds up to absenteeism at work and loss in productivity which can significantly affect the performance of an organisation. According to the Centers for Disease Control, depression causes 200 million lost workdays each year.

Aditya Birla Capital says ADIA to invest Rs 665 crore in health insurance JV | Economic Times

August 12, 2022 0
Aditya Birla Capital says ADIA to invest Rs 665 crore in health insurance JV | Economic Times
Aditya Birla Capital says ADIA to invest Rs 665 crore in health insurance JV https://ifttt.com/images/no_image_card.png"Aditya Birla Health Insurance has a strong management team, a wellness-first product offering and a differentiated distribution model. We look forward to partnering with Aditya Birla Capital and Momentum Metropolitan Holdings to support the next phase of ABHI’s growth.”

Thursday, August 11, 2022

Big Movers on D-St: What should investors do with Home First, Bank of Baroda and EID Parry? | Economic Times

August 11, 2022 0
Big Movers on D-St: What should investors do with Home First, Bank of Baroda and EID Parry? | Economic Times
Big Movers on D-St: What should investors do with Home First, Bank of Baroda and EID Parry? https://ift.tt/rQKGsZ8 also formed long bullish candles on daily and weekly charts which is broadly positive. We are of the view that as long as the stock is trading above 20-Day SMA (Simple Moving Average) or Rs 560, the uptrend formation is likely to continue. Above which, it could move up to Rs 600-625.

U.S. stock market: Is it a bull, a bear, or a bull in a bear? | Economic Times

August 11, 2022 0
U.S. stock market: Is it a bull, a bear, or a bull in a bear? | Economic Times
U.S. stock market: Is it a bull, a bear, or a bull in a bear? https://ift.tt/2PkL4yv investors define a bear market more specifically as a decline of at least 20% in a stock or index from its previous peak, with the peak defining the beginning of the bear market, which is only recognized in hindsight following the at-least 20% decline.

Syrma SGS offers a high-risk bet on fast-growing electronics production | Economic Times

August 11, 2022 0
Syrma SGS offers a high-risk bet on fast-growing electronics production | Economic Times
Syrma SGS offers a high-risk bet on fast-growing electronics production https://ift.tt/laqyUFL rose by 20% annually to Rs 1,284 crore between FY20 and FY22, while net profit dropped by 16% to Rs 76.4 crore. Revenue growth was driven by the acquisition of SGS. This however resulted in a sharp drop in the operating margin before depreciation and amortisation (EBITDA margin) to 11.3% in FY22 from 16.8% in FY20.

Banks’ NPA provisioning falls as recoveries improve, stress wanes | Economic Times

August 11, 2022 0
Banks’ NPA provisioning falls as recoveries improve, stress wanes | Economic Times
Banks’ NPA provisioning falls as recoveries improve, stress wanes https://ifttt.com/images/no_image_card.png“Loan loss provisions continued to recede due to better recoveries and healthy provision buffers, thereby leading to overall beat on profitability,” mentioned Emkay Global Financial Services in a sector report. The brokerage expects overall NPA ratios to trend down further led by receding stress pool and better credit growth trajectory.

Wednesday, August 10, 2022

Stocks to buy today: 6 short-term trading ideas by experts | Economic Times

August 10, 2022 0
Stocks to buy today: 6 short-term trading ideas by experts | Economic Times
Stocks to buy today: 6 short-term trading ideas by experts https://ifttt.com/images/no_image_card.png“Oscillators are overbought, but they have been so for some time already now, and have been less effective because of the directional nature of the index,” Anand James - Chief Market Strategist at Geojit Financial Services, said.

Stock Radar: Reserve your window seat! Allocate 50% funds in this airline stock now & balance on dips | Economic Times

August 10, 2022 0
Stock Radar: Reserve your window seat! Allocate 50% funds in this airline stock now & balance on dips | Economic Times
Stock Radar: Reserve your window seat! Allocate 50% funds in this airline stock now & balance on dips https://ift.tt/fDXsJFb can look to buy the stock now at around Rs 2,000 or on dips for a long-term target of Rs 2,500 which will result in a fresh 52-week high for the airline stock in the next 6-12 months, suggest experts.

Big Movers on D-St: What should investors do with Fine Organic, Elgi Equipments and Eicher Motors? | Economic Times

August 10, 2022 0
Big Movers on D-St: What should investors do with Fine Organic, Elgi Equipments and Eicher Motors? | Economic Times
Big Movers on D-St: What should investors do with Fine Organic, Elgi Equipments and Eicher Motors? https://ift.tt/PQDBFjT that were in focus include names like Fine Organic which rose over 15 per cent, Elgi Equipments which added over 3 per cent, and Eicher Motors which gained nearly 2 per cent.

Borrowing cost may rise for power, infra, health and engineering companies | Economic Times

August 10, 2022 0
Borrowing cost may rise for power, infra, health and engineering companies | Economic Times
Borrowing cost may rise for power, infra, health and engineering companies https://ift.tt/QHa6jmX central bank's direction to credit rating agencies (CRAs) in April was followed by clarifications in July that CRAs are not permitted to rely on support structures like letters of credit (LoC), letter of support, obligor-co-obligor structure, etc, for deriving rating comfort while assigning CE ratings.

Metal & mining stocks to face headwinds as China's export glut weighs on prices | Economic Times

August 10, 2022 0
Metal & mining stocks to face headwinds as China's export glut weighs on prices | Economic Times
Metal & mining stocks to face headwinds as China's export glut weighs on prices https://ift.tt/6Tat8uy said Indian steel mills cut HRC (hot rolled coil) prices for August by ₹3,500 per tonne to ₹58,500 from the previous month and CRC (cold rolled coil) by ₹2,500 per tonne to ₹66,000. The government in May had slapped an export duty of 15% on various steel products and imposed a 45% duty on iron ore pellets to rein in the prices.

Impact of impending HDFC merger on Nifty's Sept rejig in spotlight | Economic Times

August 10, 2022 0
Impact of impending HDFC merger on Nifty's Sept rejig in spotlight | Economic Times
Impact of impending HDFC merger on Nifty's Sept rejig in spotlight https://ift.tt/8wlvQNS on the assets under management (AUM) of Nifty-based exchange-traded funds (ETFs) of ₹1.7 lakh crore, the index changes related to the HDFC-HDFC Bank merger-could result in buying and selling of stocks worth over ₹48,000 crore based on prices as on the end of July, said ICICI Securities.

Cargill fiscal 2022 revenue jumps 23% to $165 billion | Economic Times

August 10, 2022 0
Cargill fiscal 2022 revenue jumps 23% to $165 billion | Economic Times
Cargill fiscal 2022 revenue jumps 23% to $165 billion https://ift.tt/mr0VQ5e is one of the largest U.S. beef processors and last month closed a deal to buy No. 3 chicken producer Sanderson Farms Inc with Continental Grain Co in a deal worth some $4.53 billion.

PSU oil companies’ fund rush pushes up rates | Economic Times

August 10, 2022 0
PSU oil companies’ fund rush pushes up rates | Economic Times
PSU oil companies’ fund rush pushes up rates https://ift.tt/a597s6h, CP rates have increased by up to 50 basis points since the second-third weeks of July, amid a higher supply of papers coupled with expectations of more rate hikes by the central bank.

Tuesday, August 9, 2022

HDFC gets NHB nod for merger with HDFC Bank | Economic Times

August 09, 2022 0
HDFC gets NHB nod for merger with HDFC Bank | Economic Times
HDFC gets NHB nod for merger with HDFC Bank https://ift.tt/Nu2rHfq has received approval from the National Housing Bank (NHB) for its merger with subsidiary HDFC Bank, a regulatory filing said on Tuesday.

Nasdaq closes lower as chipmaker Micron's warning renews tech rout | Economic Times

August 09, 2022 0
Nasdaq closes lower as chipmaker Micron's warning renews tech rout | Economic Times
Nasdaq closes lower as chipmaker Micron's warning renews tech rout https://ift.tt/VfWCuIE to concerns of a tight labor market and runaway inflation, data on Tuesday showed an acceleration of unit labor costs in the second quarter, which suggested strong wage pressures will help keep inflation elevated.

Asian shares track Wall Street losses ahead of U.S. inflation data | Economic Times

August 09, 2022 0
Asian shares track Wall Street losses ahead of U.S. inflation data | Economic Times
Asian shares track Wall Street losses ahead of U.S. inflation data https://ift.tt/QHa6jmX slips in Asian markets tracked Wall Street, which closed on Tuesday with all three major indices down. The S&P 500 fell 0.42%, the Dow Jones Industrial Average dropped 0.18%, and the Nasdaq Composite lost 1.19%. The dollar reversed losses overnight and was trading flat in Asia. The dollar index, which measures the safe-haven greenback against six major peers, was down 0.009% at $106.330.

Gold prices subdued as investors await U.S. inflation data | Economic Times

August 09, 2022 0
Gold prices subdued as investors await U.S. inflation data | Economic Times
Gold prices subdued as investors await U.S. inflation data https://ift.tt/H6FYPM8 dollar index held firm against its rivals, making gold less appealing for other currency holders. Benchmark U.S. 10-year Treasury yields edged higher to 2.7883%, increasing the opportunity cost of holding non-interest bearing gold.

Lenders opt for forensic audit of Future Retail | Economic Times

August 09, 2022 0
Lenders opt for forensic audit of Future Retail | Economic Times
Lenders opt for forensic audit of Future Retail https://ift.tt/XC2QGO4 Biyani-led Future Retail had attempted to stave off bankruptcy by selling its companies to Reliance Industries' retail unit. Creditors did not approve the deal and the company was admitted to the National Company Law Tribunal for insolvency proceedings after it defaulted on ₹3,495 crore debt.

Monday, August 8, 2022

Stock Radar: This scrip hit multi-year high in August! Should you buy it on dips? | Economic Times

August 08, 2022 0
Stock Radar: This scrip hit multi-year high in August! Should you buy it on dips? | Economic Times
Stock Radar: This scrip hit multi-year high in August! Should you buy it on dips? https://ift.tt/H6FYPM8 level of Rs 180-181 proved to be critical resistance in the past, but now a close above the same on weekly charts suggests momentum.

MTM Provisions: Banks may seek RBI relief again | Economic Times

August 08, 2022 0
MTM Provisions: Banks may seek RBI relief again | Economic Times
MTM Provisions: Banks may seek RBI relief again https://ift.tt/H6FYPM8 country's largest lender State Bank of India on Saturday (SBI) reported a 6.7% drop in standalone profit after tax to ₹6,068 crore for the June quarter after it booked ₹6,549 crore MTM losses on its investment book. Its operating profit dropped to ₹12,753 crore in the April-June period from ₹18,975 crore in the year earlier, dented by MTM losses.

Analysts raise their price targets on SBI | Economic Times

August 08, 2022 0
Analysts raise their price targets on SBI | Economic Times
Analysts raise their price targets on SBI https://ift.tt/TxuFp3P some analysts cut their earnings expectations from SBI for FY23 following the disappointing quarter, others retained their bullish ratings citing cheaper valuations. Morgan Stanley said SBI's valuations at one time FY24 book are attractive. CLSA increased its price target on the stock to factor in the higher price targets of its subsidiaries.

JP Morgan set to hire over 5,000 for tech roles in India | Economic Times

August 08, 2022 0
JP Morgan set to hire over 5,000 for tech roles in India | Economic Times
JP Morgan set to hire over 5,000 for tech roles in India https://ift.tt/PW071rv is one of the biggest employers, along with Barclays and Citigroup, in India’s foreign banking arena, with large facilities employing thousands of people. Besides banking operations, they handle increasingly complex technology roles in areas such as artificial indigence, analytics and blockchain.

Is the stock market open today? | Economic Times

August 08, 2022 0
Is the stock market open today? | Economic Times
Is the stock market open today? https://ift.tt/c8vNkBE will be no action in Equity Segment, Equity Derivative Segment and SLB Segment on Tuesday, according to the list of stock market holidays 2022, available on the official BSE website - bseindia.com.However, commodity markets will observe holidays only during the morning session, that is, 9 am to 5 pm on Tuesday but the trading will happen in the evening session on Tuesday.

IT spend in US likely to remain resilient, large-caps like TCS, Infy & HCL safer bets | Economic Times

August 08, 2022 0
IT spend in US likely to remain resilient, large-caps like TCS, Infy & HCL safer bets | Economic Times
IT spend in US likely to remain resilient, large-caps like TCS, Infy & HCL safer bets https://ift.tt/MxpDPGV Indian IT companies have reported strong revenue growth in the June quarter, with most also maintaining or increasing their guidance, analysts remain cautious about the sector because of the concerns over a slowdown in the US, the biggest market.

Lending to MSMEs surpasses pre-Covid levels on ECLGS boost | Economic Times

August 08, 2022 0
Lending to MSMEs surpasses pre-Covid levels on ECLGS boost | Economic Times
Lending to MSMEs surpasses pre-Covid levels on ECLGS boost https://ift.tt/H6FYPM8 growth in overall MSME borrowers has moderated as lenders are focusing on extending credit to existing borrowers, the report said. Total MSME credit exposure is at ₹23.12 lakh crores as of Mar’22 (FY22-Q4), a y-o-y growth rate of 6.3%. Total live MSME borrowers stand at 7 Million as on Mar’22, amounting to a y-o-y growth of 6%.

Wall Street rally at odds with profit outlook | Economic Times

August 08, 2022 0
Wall Street rally at odds with profit outlook | Economic Times
Wall Street rally at odds with profit outlook https://ift.tt/8uS9QnV Morgan Stanley's Michael J Wilson and Goldman's David J Kostin expect corporate profit margins to contract next year given unrelenting cost pressures, they wrote in separate notes. According to Wilson, "the best part of the rally is over."

Sunday, August 7, 2022

Nifty rally may hit a hurdle around 17,550 | Economic Times

August 07, 2022 0
Nifty rally may hit a hurdle around 17,550 | Economic Times
Nifty rally may hit a hurdle around 17,550 https://ifttt.com/images/no_image_card.png​Nifty has seen a rally of 15% from mid-June low of 15,183 to this week’s high of 17,490 in the last 7 weeks. It has reached key resistance and retracement level in the region of 17,400-17,490 and is facing resistance.

Fear over IPO Street eases, Syrma SGS issue's the 1st offer after 80 days | Economic Times

August 07, 2022 0
Fear over IPO Street eases, Syrma SGS issue's the 1st offer after 80 days | Economic Times
Fear over IPO Street eases, Syrma SGS issue's the 1st offer after 80 days https://ift.tt/75WDHXP Industries' IPO, which closed on May 26, was the last issue of 2022. Between January and May this year, 16 companies including LIC raised ₹40,310 crore compared to ₹1.19 lakh crore raised by 63 companies in 2021.

Tata Motors to buy Ford Gujarat plant for Rs 750 crore | Economic Times

August 07, 2022 0
Tata Motors to buy Ford Gujarat plant for Rs 750 crore | Economic Times
Tata Motors to buy Ford Gujarat plant for Rs 750 crore https://ift.tt/IHj6ztL takeover of the Gujarat plant will offer much-needed capacity for Tata Motors, which has set its sights on crossing half a million annual sales this financial year, up from 370,400 in FY22. The company is currently operating at 85-90% capacity and to sustain this momentum it will need fresh capacity.

Maruti sourcing local Li battery packs for export, home use in hybrid buildup | Economic Times

August 07, 2022 0
Maruti sourcing local Li battery packs for export, home use in hybrid buildup | Economic Times
Maruti sourcing local Li battery packs for export, home use in hybrid buildup https://ift.tt/G6dyH2m resolution on related party transactions in the FY22 annual report shows Maruti will export battery packs to Suzuki's European subsidiary Magyar Suzuki and the amount will not exceed ₹1,500 crore in a financial year for the period beginning from FY23 to FY25. The peak value of export will be realised in the third year as the production progresses.

Sebi mulls stock payment system bypassing brokers | Economic Times

August 07, 2022 0
Sebi mulls stock payment system bypassing brokers | Economic Times
Sebi mulls stock payment system bypassing brokers https://ift.tt/KcXGQik present, such a system exists in the 'primary' or IPO market. Sebi is exploring bringing the 'fund-blocking mechanism' to the secondary stock market. Known as ASBA or Application Supported by Blocked Amount, this method is mandatory for investing in initial public offerings (IPOs).

DBS bullish on business opportunities in India: CEO | Economic Times

August 07, 2022 0
DBS bullish on business opportunities in India: CEO | Economic Times
DBS bullish on business opportunities in India: CEO https://ifttt.com/images/no_image_card.png"Our digital capabilities have helped us serve our customers seamlessly even during the pandemic in all our markets, including India. Our suite of digital offerings helped MSMEs (Micro, Small and Medium-sized Enterprises) in India meet working capital needs and operational liabilities," underlined the tech-savvy banking veteran. DBS also helped MSMEs in India to navigate the challenging business environment by disbursing loans to the segment during the lockdown months.

Jhunjhunwala's Titan stock bet sees EPS upgrades post Q1. What lies ahead? | Economic Times

August 07, 2022 0
Jhunjhunwala's Titan stock bet sees EPS upgrades post Q1. What lies ahead? | Economic Times
Jhunjhunwala's Titan stock bet sees EPS upgrades post Q1. What lies ahead? https://ift.tt/ou0qz5T Jhunjhunwala and his wife Rekha Jhunjhunwala held a 5.05 per cent stake in the June quarter, which was worth Rs 10,911.30 crore, as per Trendlyne.Emkay Global said Titan reported an 8 per cent beat to its Ebitda estimates. "Ex-bullion sales, consolidated Ebitda margin at 13.2 per cent was 200 bps higher than pre-Covid levels, led by operating leverage, exit from loss-making ventures and 80 bps one-off," it said.

FPIs buy shares worth Rs 14,000 cr in a week amid softening dollar index | Economic Times

August 07, 2022 0
FPIs buy shares worth Rs 14,000 cr in a week amid softening dollar index | Economic Times
FPIs buy shares worth Rs 14,000 cr in a week amid softening dollar index https://ift.tt/sCWuPFq had turned buyers in July after nine straight months of heavy net outflows, which started from October last year. Between October 2021 and June 2022, they sold a massive Rs 2.46 lakh crore in the Indian equity markets.Hitesh Jain, Lead Analyst - Institutional Equities, Yes Securities, said FPI flows are expected to remain positive during August.

28 cos secure Sebi's clearance to float IPOs worth Rs 45,000-cr in Apr-Jul FY23 | Economic Times

August 07, 2022 0
28 cos secure Sebi's clearance to float IPOs worth Rs 45,000-cr in Apr-Jul FY23 | Economic Times
28 cos secure Sebi's clearance to float IPOs worth Rs 45,000-cr in Apr-Jul FY23 https://ift.tt/4ws1JEe the firms that have secured the regulator's clearance include Lifestyle retail brand FabIndia; Bharat FIH, a subsidiary of FIH Mobiles and a Foxconn Technology Group; TVS Supply Chain Solutions; Blackstone-backed Aadhar Housing Finance; Macleods Pharmaceuticals and Kids Clinic India, which operates super-specialty mother and babycare chain Cloudnine.

Eight of top-10 firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers | Economic Times

August 07, 2022 0
Eight of top-10 firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers | Economic Times
Eight of top-10 firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers https://ift.tt/IHj6ztL market valuation of Reliance Industries Limited climbed Rs 17,048.21 crore to stand at Rs 17,14,256.39 crore and that of ICICI Bank advanced Rs 13,861.32 crore to Rs 5,83,261.75 crore.The market capitalisation (m-cap) of Life Insurance Corporation of India (LIC) went higher by Rs 6,008.75 crore to Rs 4,34,748.72 crore and that of Bajaj Finance

Saturday, August 6, 2022

Aiming to be $1-trillion economy, UP asks 10 Indian embassies for space to promote ODOP | Economic Times

August 06, 2022 0
Aiming to be $1-trillion economy, UP asks 10 Indian embassies for space to promote ODOP | Economic Times
Aiming to be $1-trillion economy, UP asks 10 Indian embassies for space to promote ODOP https://ift.tt/iQR5O6V scheme promotes traditional industries in each of the 75 districts of the state which are synonymous with the respective districts of the state. Launched in 2018, the Yogi Adityanath government counts it as one of its successes as is also evident with the centre having replicated the scheme at a national level.

Partha Chatterjee, his aide Arpita Mukherjee kept in separate cells amid security concerns | Economic Times

August 06, 2022 0
Partha Chatterjee, his aide Arpita Mukherjee kept in separate cells amid security concerns | Economic Times
Partha Chatterjee, his aide Arpita Mukherjee kept in separate cells amid security concerns https://ift.tt/iQR5O6V agency has traced a link between a company, Ananta Texfab Pvt Ltd which has Mukherjee's Belghoria apartment as its registered address, and the former minister's family members, according to the observations made by a special court that rejected their bail applications on Friday. The agency had seized about Rs 27.90 crore from the same apartment last month.

Friday, August 5, 2022

Credit info firms to come under ombudsman scheme | Economic Times

August 05, 2022 0
Credit info firms to come under ombudsman scheme | Economic Times
Credit info firms to come under ombudsman scheme https://ift.tt/HmV3Rre Shaktikanta Das said introduction of the ombudsman scheme has led to a reduction in the time taken to solve consumer problems and expressed hope that it will be a case with CICs as well. CICs will join non-banking finance companies, commercial and co-operative banks under the purview of the scheme that was launched last year.

Binance says does not hold stake in WazirX | Economic Times

August 05, 2022 0
Binance says does not hold stake in WazirX | Economic Times
Binance says does not hold stake in WazirX https://ifttt.com/images/no_image_card.png“Binance does not own any shares in Zanmai Labs, the entity operating WazirX and established by the original founders,” founder and chief executive Changpeng Zhao told ET in response to queries about the ED probe.

CAA may be Rolled out by December, says Bengal BJP MLA | Economic Times

August 05, 2022 0
CAA may be Rolled out by December, says Bengal BJP MLA | Economic Times
CAA may be Rolled out by December, says Bengal BJP MLA https://ift.tt/LfBQKy6 is the chairman of BJP's refugee cell in West Bengal. "The CAA must be rolled out in a bid to meet the long-time aspirations of the people. As the head of the state refugee cell, I think that the CAA will finally come into force by December this year," Sarkar said.The framing of rules for the CAA will pave the way for its implementation, he said.

Get rid of inferiority complex for true swaraj : Amit Shah | Economic Times

August 05, 2022 0
Get rid of inferiority complex for true swaraj : Amit Shah | Economic Times
Get rid of inferiority complex for true swaraj : Amit Shah https://ift.tt/47o9CVs was speaking after the launch of a mega serial 'Swaraj - Bharat Ke Swatantrata Sangram Ki Samagra Gatha', produced by Doordarshan to mark the 75th anniversary of Independence. The 75-episode mega show chronicles lesser-known tales about Indian history and would be telecast from August 14 on Doordarshan in Hindi and regional languages.

Thursday, August 4, 2022

Sebi orders forensic audit of Future Retail’s financial statements | Economic Times

August 04, 2022 0
Sebi orders forensic audit of Future Retail’s financial statements | Economic Times
Sebi orders forensic audit of Future Retail’s financial statements https://ift.tt/hPFrOBY their respective regulatory filings, the three Future group firms informed the exchanges that they have received a letter from Sebi on August 3, 2022, addressed to the Interim Resolution Professional of FRL intimating about the appointment of Choksi & Choksi LLP as a forensic auditor.

Banks make beeline to raise capital bonds after IRDAI push | Economic Times

August 04, 2022 0
Banks make beeline to raise capital bonds after IRDAI push | Economic Times
Banks make beeline to raise capital bonds after IRDAI push https://ifttt.com/images/no_image_card.png“The latest relaxation has increased investor appetite for AT1 bonds as banks will be able to raise more capital via such instruments," said Sushanta Mohanty, general manager – treasury at Bank of Baroda. “With credit demand coming up, it is helpful for banks," he said.

RBI moves in to support rupee, unit closes at 79.47 | Economic Times

August 04, 2022 0
RBI moves in to support rupee, unit closes at 79.47 | Economic Times
RBI moves in to support rupee, unit closes at 79.47 https://ifttt.com/images/no_image_card.png“The Rupee’s losses Thursday were exclusive to the local market as the dollar was marginally lower to 106.16,” said a trader from a large bank.“The pressure came from the offshore derivatives market weighing on the rupee,” said the person.

Short covering by FPIs boosted indices in July | Economic Times

August 04, 2022 0
Short covering by FPIs boosted indices in July | Economic Times
Short covering by FPIs boosted indices in July https://ift.tt/lxQW6aA, the benchmark index made a trough whenever the long-short ratio dropped to 0.2-0.3. In the past five years, there were only 19 such instances out of total trading days of 1417.

Wednesday, August 3, 2022

Stocks to buy: 9 short-term trading ideas by experts | Economic Times

August 03, 2022 0
Stocks to buy: 9 short-term trading ideas by experts | Economic Times
Stocks to buy: 9 short-term trading ideas by experts https://ift.tt/gMOxQWm the upside, Nifty50 could face some resistance near 17,500-17,525 levels while on the downside support is placed at 17,200-17,000 levels, suggested experts.

Bitcoin holds above $23,000; BNB & Uniswap add up to 8% | Economic Times

August 03, 2022 0
Bitcoin holds above $23,000; BNB & Uniswap add up to 8% | Economic Times
Bitcoin holds above $23,000; BNB & Uniswap add up to 8% https://ift.tt/GnmuiwO digested US House of Representatives Speaker Nancy Pelosi’s visit to Taiwan on August 2, 2022, which caused many investors to stay away from risky assets amid potential US-China tensions.

I am suspicious of the rally in US, India: Christopher Wood | Economic Times

August 03, 2022 0
I am suspicious of the rally in US, India: Christopher Wood | Economic Times
I am suspicious of the rally in US, India: Christopher Wood https://ift.tt/hFKS8q9 view is that it is a bear market rally in the US. The reason to be sceptical about the rally in America is that you have a double whammy - tightening of higher rates and shrinking balance sheets - which is negative for liquidity.

Sebi mulls cap on PMS investments in related entities | Economic Times

August 03, 2022 0
Sebi mulls cap on PMS investments in related entities | Economic Times
Sebi mulls cap on PMS investments in related entities https://ift.tt/ey1PhHM current thinking within Sebi is to cap PMS firms' investments in all equity and debt securities of related entities put together at 30%. The regulator might also ask portfolio managers to obtain the consent of clients if the money manager wants to invest in related parties, said the people cited above.

Uber sells 7.8% stake in Zomato via block deals | Economic Times

August 03, 2022 0
Uber sells 7.8% stake in Zomato via block deals | Economic Times
Uber sells 7.8% stake in Zomato via block deals https://ift.tt/ey1PhHM American mobility service provider raised around ₹3,088 crore or $390 million at nearly 100% profit. In January 2020, Zomato had acquired Uber Eats' India operations in a non-cash deal, following which Uber received a 9.19% stake in the restaurant discovery platform for around $200 million.

IRDAI eases norms of bank bonds, InvITs/REITs | Economic Times

August 03, 2022 0
IRDAI eases norms of bank bonds, InvITs/REITs | Economic Times
IRDAI eases norms of bank bonds, InvITs/REITs https://ifttt.com/images/no_image_card.png“The aggregate value of AT1 (additional tier one) bonds held in a particular bank, at any point of time, shall not excess 10% of the total outstanding AT1 bonds of that particular bank,” Insurance Regulatory Development Authority of India (IRDAI) said late Wednesday. Earlier, the cap was meant for any particular primary issuance of those bonds, popularly known as perpetual papers.

Creditors to Smaaash optimistic about recovery of dues | Economic Times

August 03, 2022 0
Creditors to Smaaash optimistic about recovery of dues | Economic Times
Creditors to Smaaash optimistic about recovery of dues https://ift.tt/kISFJgN Entertainment Pvt Ltd (SEPL) was admitted by the Mumbai National Company Law Tribunal (NCLT) following a default of ₹292.4 crore to Edelweiss Asset Reconstruction Company. The company suffered losses since it was shut for 18 months during the Covid-19 pandemic, but revenues improved after the Covid-related restrictions were lifted.

Tuesday, August 2, 2022

Rupee stages strong comeback in July as one of top EM performers | Economic Times

August 02, 2022 0
Rupee stages strong comeback in July as one of top EM performers | Economic Times
Rupee stages strong comeback in July as one of top EM performers https://ift.tt/n4FmuyW the day's trading, three large foreign banks were seen selling dollars and the exercise, dealers said, was linked to the proposed capital infusion into a private bank. Yes Bank has said it will raise about $1.1 billion from global private equity funds Carlyle Group and Advent.

I-T searches on Gujarat company yield Rs 1000 cr unreported income | Economic Times

August 02, 2022 0
I-T searches on Gujarat company yield Rs 1000 cr unreported income | Economic Times
I-T searches on Gujarat company yield Rs 1000 cr unreported income https://ift.tt/cTv5nOk and digital data seized during the raids showed that the group had been engaged in “large-scale” tax evasion by adopting various methods, including by way of “unaccounted” cash sales outside the books of account, booking of bogus purchases and cash receipts from real estate transactions, CBDT said.

Global Markets: Yields up with $ as Fed officials signal more hikes; Asian stocks firm | Economic Times

August 02, 2022 0
Global Markets: Yields up with $ as Fed officials signal more hikes; Asian stocks firm | Economic Times
Global Markets: Yields up with $ as Fed officials signal more hikes; Asian stocks firm https://ift.tt/do8OeWV trio of Fed policymakers signalled on Tuesday that there would be no let up in the tightening campaign aimed at taming the highest inflation since the 1980s, even though it will take rates to a level that will more significantly curb economic activity.

Corporate profits show signs of pressure in Q1; banks shine | Economic Times

August 02, 2022 0
Corporate profits show signs of pressure in Q1; banks shine | Economic Times
Corporate profits show signs of pressure in Q1; banks shine https://ift.tt/Wv80zlE Motors saw an EPS estimate cut of 25% last month, while JSW Steel's EPS estimate was slashed by 16%. Wipro, Tech Mahindra, Shree Cement, and Tata Steel, among others, have seen EPS estimates drop by 5-7% in the last four weeks, according to Bloomberg consensus estimates.

Flour millers urge Govt to sell wheat in open market to ease prices | Economic Times

August 02, 2022 0
Flour millers urge Govt to sell wheat in open market to ease prices | Economic Times
Flour millers urge Govt to sell wheat in open market to ease prices https://ift.tt/n9rjt63 across the country have said there is a sharp rise in prices in the past 2 weeks. The price of milling wheat in Mumbai has increased by ₹2.5-3/kg during the past 10-15 days touching ₹26/kg. Sanjay Jain Paharia, a wheat exporter from North India, said wheat prices have increased by ₹2/kg to hit ₹25/kg at Kandla.

Monday, August 1, 2022

RBI to raise rates in August but no consensus on size of hike | Economic Times

August 01, 2022 0
RBI to raise rates in August but no consensus on size of hike | Economic Times
RBI to raise rates in August but no consensus on size of hike https://ifttt.com/images/no_image_card.png"The RBI can always reduce the pace of rate hikes from September onwards if inflation and growth momentum softens, but we think it is a risky strategy at this stage to be an outlier in delivering less than 50 bp rate hikes."

Leading chemical companies post robust Q1 profits despite cost pressures | Economic Times

August 01, 2022 0
Leading chemical companies post robust Q1 profits despite cost pressures | Economic Times
Leading chemical companies post robust Q1 profits despite cost pressures https://ift.tt/cTnimxX growth has been underpinned by high gains in absolute revenue despite contracted Ebitda margin on account of volatile raw material prices, which have now started to soften, pointing to further margin expansion should the declining trend in input costs holds.

RIL, Adani, NTPC among bidders for SKS power | Economic Times

August 01, 2022 0
RIL, Adani, NTPC among bidders for SKS power | Economic Times
RIL, Adani, NTPC among bidders for SKS power https://ift.tt/J67BeRm Adani Power and the state-run NTPC are among the nearly two-dozen bidders interested in buying the bankrupt SKS Power Generation located in Chhattisgarh, people familiar with the matter told ET.

Pharma, financial counters top on traders’ chart | Economic Times

August 01, 2022 0
Pharma, financial counters top on traders’ chart | Economic Times
Pharma, financial counters top on traders’ chart https://ift.tt/NlDyaZn Reddy’s Laboratories failed to cheer the market despite June quarter net profit doubling. Analysts see concern over the US business and pressure on operating performance as key drags. These concerns have prompted traders to build bearish bets on the stock. Chandan Taparia, derivative analyst at Motilal Oswal, said the weakness could continue and the stock could drift down to Rs 3,950.

Cos with local investment grade ratings eligible for ECB relaxation: RBI | Economic Times

August 01, 2022 0
Cos with local investment grade ratings eligible for ECB relaxation: RBI | Economic Times
Cos with local investment grade ratings eligible for ECB relaxation: RBI https://ift.tt/xaqWG20 rated investment grade locally can make use of the central bank's relaxed rules on external commercial borrowings, the Reserve Bank of India (RBI)

Oil prices slip as weak manufacturing data stokes recession fears | Economic Times

August 01, 2022 0
Oil prices slip as weak manufacturing data stokes recession fears | Economic Times
Oil prices slip as weak manufacturing data stokes recession fears https://ift.tt/qg9CGul price drops also come as market participants await the outcome of a meeting on Wednesday between the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, together known as OPEC+, to decide on September output.

AMCs face multiple headwinds, stocks disappoint | Economic Times

August 01, 2022 0
AMCs face multiple headwinds, stocks disappoint | Economic Times
AMCs face multiple headwinds, stocks disappoint https://ift.tt/WQFd5zl the stock markets subdued between April and June and the Securities and Exchange Board of India barring fresh product launches, AMCs have been competing for assets in the equity oriented mutual fund space.

Joe Biden says US killed Al-Qaeda chief al-Zawahiri in Afghanistan | Economic Times

August 01, 2022 0
Joe Biden says US killed Al-Qaeda chief al-Zawahiri in Afghanistan | Economic Times
Joe Biden says US killed Al-Qaeda chief al-Zawahiri in Afghanistan https://ift.tt/l0BUfWr a televised address, Biden said the strike in Kabul, Afghanistan had been carried out on Saturday. "I gave the final approval to go get him," he said, adding that there had been no civilian casualties.

Featured Post

Airlines hoping for more Boeing jets could be waiting awhile