Maharashtra Budget promises sops for farmers, women
Fadnavis said his budget was based on the goals of ‘panchamrit’, of which Amrut-1 was Sustainable Farming- Prosperous Farmers; Amrut-2 was inclusive development of all sections of society including women, tribals, backward classes, OBCs; Amrut-3 was development of infrastructure with substantial capital investment; Amrut-4 was employment generation, competent, skilled, employable youth; and Amrut-5 was environment-friendly […]
Bond yield curve inverts: Should investors be worried?
This declining trend in liquidity and inversion of the yield curve is likely to continue for some more time, according to Vijayakumar, but he does not expect it to impact India’s GDP growth in the next fiscal year. On the global front, the US Federal Reserve head Jerome Powell’s hawkish remarks on interest rate hikes […]
India’s $3-billion green borrowing may add longer maturity debt
India’s green bond offerings in current fiscal consist of 5-year and 10-year tenor ones, totaling Rs 16,000 crore. Green bonds are part of country’s plan to fund the switch to clean energy
Bira 91 raises $10 million from Japan’s MUFG Bank
Presently with a market share of 5% across key regions in India, Bira 91 has tripled its pre-COVID numbers.Brewer refrained from disclosing valuation or MUFG’s stake in it after funding round.
Promoter entity sells 10% stake in Gokaldas Exports for Rs 235 crore in block deals
As of December-end, the promoter held over 20% stake in Gokaldas Exports. Aditya Birla Sun Life and Goldman Sachs were buyers of co shares today
Crypto stocks slide after Silvergate decides to shut down
Silvergate’s latest move only highlights high-profile collapses among crypto market players since last year. Shorting in shares of Silvergate has turned out to be profitable for bearish investors
Sanjiv Bhasin’s top midcap pick is a dark horse which can double from here
“This is the time to put your money because if the dollar weakness is played out, steel prices are headed higher so I would be more bullish on the commodity side rather than the soft commodity side. They have played out well. There is a seasonal effect and these stocks have already run up a […]
India’s digital payments market will more than triple to $10 trillion by 2026: Report
In a span of just six years, India, primarily a cash-based economy, now leads the world in real-time digital payments, accounting for almost 40 per cent of all such transactions. The mass adoption of UPI during the COVID-19 pandemic has extended far beyond the urban to even rural India, an effect that left the experts […]
Tech View: Nifty charts hint at bearish reversal. What should traders do on Friday
The daily momentum indicator made a positive crossover. Chart readers said today’s fall might appear aggravated on account of weekly expiry. Overall, the range of consolidation is likely to be 17500 – 17925 from a short-term perspective.
Sensex snaps 3-day winning streak, falls 542 pts on US rate jitters
Investors got poorer by Rs 1.97 lakh crore on Thursday as market capitalisation of all listed companies declined to Rs 264.27 lakh crore. The rupee strengthened against the dollar. But RBI’s likely intervention capped further spike and brought the local unit closer to 82 per dollar.