The rate hike was decided by a majority of 5 out of 6 members. The policy pegged India’s GDP growth at 7% during the financial year 2023 and maintained inflation at 6.7% for the same period. Going forward, RBI will remain resolute and continue with its efforts to ensure price stability as well as financial […]
“In the last two and a half years, the world has witnessed two major shocks– the Covid-19 pandemic and the conflict in Ukraine. These shocks have produced profound impact on the global economy. As if that was not enough, now we are in the midst of a third major shock -a storm -arising from aggressive […]
As per the ‘Global State of the Consumer Tracker’ by Deloitte, Indian consumers are willing to spend on both travel and hotel stays, and also have the intention to buy either a new or used vehicle within the next six months. In a statement, Deloitte said the findings indicate that consumers plan to increase their […]
As September quarter results are about to start flowing in over the next few days. ETMarkets found nine companies that have posted at least 20% sales and profit growth in the September quarter of the last two years. These companies have also maintained EBIDTA margins over 20%. Interestingly, 7 out of 9 stocks have over […]
On the weekly chart, the index formed a small negative candle with a long lower shadow, which suggests the formation of a bullish hammer-type candle pattern at the lows.
Households’ median inflation perceptions for the current period increased by 90 basis points (bps- one bps is 0.01 percent)) since July 2022 to 10.2 per cent in September 2022, but remained flat compared to the expectations in the survey of the same period a year ago. It rose by 50 bps each for both three […]
The fall in the domestic unit was triggered by the strengthening of the greenback to new highs amid monetary tightening measures in the US.
Even as US stocks are battling a bear market, energy stocks have been dominating the list of S&P 500 gainers so far this year, with Oxy at the top of the gainers’ chart, defying the S&P 500, which has already corrected 22.5% this year.
“The board has constituted and authorized ‘Rights Issue Committee’ to decide detailed terms and conditions of the issue, including but not limited to deciding the payment modalities/schedule thereof, record date, timings, other terms and conditions and all other related matters,” the filing added.
Navratri Special from Religare Broking: Play on EV space! Bajaj Auto could see a 29% rally in a year
Going ahead, the company has sourced a new supplier to combat semiconductor shortages. Furthermore, the company would focus on restocking inventory at dealer levels.