India to pitch for issues relating to macroeconomic stability, inclusive growth at key G20 meetings
India is also hosting a conclave on Global Partnership for Financial Inclusion (GPFI) next month to which all the “friendly neighbouring” countries have been invited, people familiar with the matter said on Monday, indicating that Pakistan is not among the invitees for the conclave.
Labour ministry extends unemployment benefits under ESIC for another two years
Further, the ministry approved setting up of new ESIC hospitals, upgradation of few hospitals and taking over a few hospitals from the state governments into the ESIC for better service delivery. Further, it has decided to continue funding to north-eastern states to run the ESIC scheme for providing better medical care facilities in the region.
Tech View: Nifty charts hint at weakness ahead. What should traders do on Tuesday
A bearish candle on daily charts is indicating further weakness from the current levels. However, the Nifty is trading near the 20-day SMA and Sensex is trading near the important support level of 60600. If the index succeeds to trade above 17900, a quick pullback rally is not ruled out
India’s GDP to grow 7 per cent in FY23, 6 per cent in FY24: Acuite Ratings
The credit rating agency, however, projected the country’s economic growth trajectory in FY24 to slow down to 6 per cent. As per Acuite Ratings, the Indian economy has managed to withstand the headwinds rather well over past several months despite tough global environment.
Rupee over time could become one of the global reserve currencies: Nouriel Roubini
“Going in the direction of protectionism of domestic firms and of domestic industries as opposed to production for export-led growth may be a challenge and the fact that India has not recently joined either FTAs or regional trade agreements is a signal that you are doing something slightly not right. ”
3 top stock recommendations from Sarita Pansari
Yes Nifty IT is showing strength which means I am quite positive on Nifty IT. And today my pick will be Zensar Technologies, currently it has come up to Rs 275 and targets for this are Rs 285, Rs 300 with a stop loss of Rs 260.
Engineering goods exports decline 9.8 per cent in January to $8.41 billion
Cumulative engineering exports during April-January 2022-23 also declined by 3.68 per cent year-on-year to $ 88.27 billion. In rupee terms, cumulative engineering exports recorded 3.47 per cent growth year-on-year. This disparity was due to 7.7 per cent depreciation of Rupee vis-à-vis the US Dollar during April-January 2022-23 over April-January 2021-22.
Cipla stocks dive to 7-month low; here’s why bears are ruling the counter
If they are minor in nature, then it is unlikely to hurt sales from the unit. However, if the regulator found major deviations from good manufacturing practices norms, then the resolution process could be longer and delay product launches from the facility.
NMDC Steel shares locked in 5% upper circuit at listing
In October 2020, the CCEA gave its ‘in-principle’ approval to the demerger of the Nagarnar steel manufacturing unit from NMDC and strategic disinvestment of the resulting entity by selling the entire stake of the central government. Last year, NMDC had approved the demerger of NMDC and NMDC Steel.
Valuations of Indian market are pricey not expensive: Vikas Pershad
If I look at what could be the class of maybe 2024 or class of 2025 IPOs, the companies that we are looking at today are very exciting and there is a high probability that we allocate capital there.