RBI pitches for common approach towards crypto assets to address potential risks
To promote responsible innovation and to mitigate financial stability risks in crypto ecosystem, the report said it is vital for policymakers to design an appropriate policy approach.
Banks and NBFCs in position to withstand the worst macro economic stress: RBI
The central bank’s stress test on the banking system indicates that in a baseline scenario the gross non-performing assets in the banking system will improve to 4.9% by September 2023. The total bad loan ratio of the banking system is steadily trending down to a seven-year low of 5.0% in September 2022, while net non-performing […]
PHDCCI pitches for increasing health budget by 30-40 per cent
Making the suggestion for the forthcoming Union Budget, Saket Dalmia, President of PHDCCI, said the budget for health has seen a rise of about 16 per cent in absolute terms between budget estimates of 2021-22 and 2022-23.
Tech View: Nifty forms a positive candle on expiry day. What traders should do on last trading day of 2022
The momentum indicator RSI (14) is in a bullish crossover. Chart readers said Nifty is placed at the edge of an upside breakout of the crucial hurdle at 18200 levels. “For Nifty the target is seen at 18221 and then on the upside, major hurdles will be at the 18,473 mark,” said Prashanth Tapse of […]
Tesla’s worst-ever year brings $17 billion windfall for shorts
Tesla has tumbled more than 42% in December alone, driving it to a loss of 68% this year — marking a radical about face for a stock that surged during the low-rate era of the pandemic.It’s a rare victory for the shorts, whose 89% return comes after several years of significant losses, S3’s Ihor Dusaniwsky […]
CAD widens to 4.4 pc of GDP in Q2 due to higher trade deficit: RBI data
“India’s current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2:2022-23, up from USD 18.2 billion (2.2 per cent of GDP) in Q1:2022-23 and a deficit of US$ 9.7 billion (1.3 per cent of GDP) a year ago [i.e., Q2:2021-22],” the RBI said.
Neeraj Dewan on 3 Adani stocks that can good returns in 2023
“A lot can happen as far as Reliance is concerned. The retail business can get listed as a separate entity. Jio can get listed as a separate entity. They are spending a lot of money on renewable power, hydrogen. For a long-term investor, it will still pay to stay invested in Reliance Industries.”
2 sectors Sushil Bhojwani is bullish on for 2023
Given the way things are shaping up for the sector and also with regards to the input prices coming out for some of these auto and auto ancillary companies, the margins would more likely be stable. You would see some amount of volumes coming back for this sector as well as some kind of margin […]
Time for an intellectual push back against this western dominated narrative against India: Sanjeev Sanyal
So idea was to hold it altogether using a safety net but then when the economy began to open up, the rebuild of demand was by essentially constructing infrastructure.
Death Crossovers: These 4 stocks signal further bearishness
For more such web stories click on the ET icon below