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%
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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