Nikki Haley bashes Pakistan; reiterates US won’t be world’s “ATM” if she voted to power
“I will cut every cent in foreign aid for countries that hate us. A strong America doesn’t pay off the bad guys. A proud America doesn’t waste our people’s hard-earned money. And the only leaders who deserve our trust are those who stand up to our enemies and stand beside our friends,” the 51-year-old two-term […]
Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings
Apart from the decline in wheat production, the agency expects an uptick in vegetable prices and stickiness in core inflation to cloud the outlook on inflation. It said the vegetables prices will begin to harden with the onset of summer and their contribution to CPI to turn positive, after two consecutive months of negative contribution.
E-filing of CESTAT appeals begins on trial basis
“A module for e-filing of appeals and applications in CESTAT is being developed by NIC. The first version of the module is ready for trial by the stakeholders. For the purpose of testing, Advocates are requested to file appeals on trial basis on the e-filing module of CESTAT website,” a circular by CBIC said.
Growth projection of 7% for FY23 very realistic: CEA Anantha Nageswaran
“The trends that we have in terms of high frequency data for 2022-23 for fourth quarter do indicate that achieving that growth rate in Q4 is well within the realm of possibility and therefore the 7 per cent real GDP growth estimate for 2022-23 is very realistic,” Nageswaran told reporters.
US stocks open lower as Treasury yields rise
The Dow Jones Industrial Average fell 15.62 points, or 0.05%, at the open to 32,873.47
Gainers and Losers: Adani Ent, Adani Ports among 6 stocks that made headlines today
Tracking weak global sentiments, Indian equity indices continued their losing streak for the 8th consecutive session on Tuesday. Nifty ended at 17,303, down 89 points or 0.51%, while Sensex fell 326 points or 0.55% to end at 58,962.
Chakri Lokapriya on 3 factors responsible for market’s underperformance
Consumer, as you mentioned, for instance, companies like Voltas have corrected fairly significantly in the past and now with the hot summer with valuations on their side and also the company trying to take back market share in some segments like the RAC I think it is time to look at companies like that.
2 top stock recommendations from Hemen Kapadia
One can buy ACC at Rs 1730, stop loss at Rs 1690 for a target of Rs 1810. I think it can overshoot the target.
Indian gas consumption likely to peak by 2037-2040: Sanjay Kumar, IGL
We have increased our volume slightly over 8.1, that is the average that we had reported last quarter. Presently, we are clocking about 8.25 to 8.3 million cubic meter per day of volume.
Chakri Lokapriya on 3 factors responsible for market’s underperformance
Consumer, as you mentioned, for instance, companies like Voltas have corrected fairly significantly in the past and now with the hot summer with valuations on their side and also the company trying to take back market share in some segments like the RAC I think it is time to look at companies like that.