Tourism sector to contribute USD 250 billion to GDP by 2030: Centre
This was announced at the end of the three-day national conference of tourism here, which saw the participation of tourism ministers from various states, and governors and administrators from Union territories, besides senior central government officials.
Three roads will be offered through InVIT for fund raising: Nitin Gadkari
“We (NHAI) are going to approach the capital market. I am trying to get the investment from ‘small people’, credit cooperative societies, urban cooperative banks in the country,” Gadkari said. He said that this is the first time that the centre is trying something on these lines.
Tech View: Nifty forms small bodied bullish candle; what should traders do on Wednesday?
The Nifty reclaimed 17,900 in intraday trade on Tuesday but failed to hold on to the momentum and closed just above 17,800, which resulted in a small-bodied candle on the daily charts.Experts advise caution ahead of the Fed’s 2-day meeting starting today. The Street is expecting a rate hike of about 75 bps, but a […]
Number of millionaires in India to double by 2026: Credit Suisse
The report said wealth per adult in India has risen at an impressive average annual rate of 8.8 per cent since the year 2000 and stood at $15,535 at the end of 2021, which is far below the global mean.By year-end 2021, median wealth in India had fallen to 41% of the world value, but […]
Multibagger! This RK Damani stock rallies over 100% in 3 months, hits 15-year high
Cement stocks have been on the radar considering the government’s infra push and acquisition of Ambuja Cements and ACC by Adani Group. Analysts said the twin acquisitions by Adani have raised hopes of more such deals in the sector as a few players are finding it difficult to pare their leverage and may be willing […]
US Fed meet today: Will all hell break loose if Powell opts for 100 bps rate hike?
Equity strategist Kranthi Bathini of Wealth Mills Securities opines that the impact of Fed meet’s outcome would be relatively less on India. “We are in a better position fundamentally. We never had zero interest rates and no ultra-loose monetary policies to trouble us. Fed rate hikes impact us as well but to a lesser extent,” […]
IFL, Alphalogic, Bodhi Tree & 5 other stocks to trade ex-bonus this week
Bonus shares are additional shares investors get at no cost for their holding in a company. Free reserves and surplus of the company are deployed to issue these bonus shares. Generally, corporate actions like these are seen to trigger investor interest in such stocks. Here are the 8 stocks that shall trade ex-dividend this week:
Cipla, IEX among seven top trading ideas for solid returns in short-term
After the sharp selloff last week, domestic equity markets kicked off the new week on a positive note hinting that volatility is likely to sustain on Dalal Street in the near term. To make the most of the uncertainty, analysts are suggesting investors to initiate trade in select stocks to make decent returns. Based on […]
Bitcoin tops $19K; XRP, Solana & Ethereum zoom up to 10%
All the top crypto tokens are trading higher. XRP rallied more than 10 per cent, whereas Solana and Ethereum jumped 5 per cent each. Bitcoin and Avalanche added 4 per cent each.
Golden Crossovers: Bajaj Finserv & one other stock likely to see further upside
Golden Cross is an important technical indicator of bullishness. It occurs when a short-term moving average crosses over a major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on September 19.