World Bank mulling local currency lending in countries like India: Official
Speaking at the event on global economy organised by the Ministry of Finance and the Reserve Bank of India (RBI) as part of India’s G-20 presidency, Kant said the Indian government has a “huge advantage” in local currency borrowing as compared to the World Bank, even though the Washington DC-based multilateral bank is rated AAA.
Power Finance Corp announces 1:4 bonus issue of shares to investors
The bonus shares will be paid out of the sum outstanding to the credit of the securities premium account, subject to the approval of shareholders.
These 4 healthcare stocks touch their 52-week high, gaining upto 45% in a month
In Friday’s trading session, the benchmark index Sensex, faced a significant drop of 366 points, ending the day at a level of 65,322. Nonetheless, despite this market decline, four stocks within the BSE healthcare index managed to reach new highs within the past 52 weeks. The 52-week high carries considerable importance for certain traders and […]
Tech View: Nifty forms long bear candle on daily charts. What traders should do next week
India VIX was up by 1.07% from 11.40 to 11.52 levels. Volatility inched higher and caused some discomfort to the bulls
Info Edge Q1 Results: PAT rises 35% YoY to Rs 200 crore, sales up 15%
Despite the challenging environment in IT recruitment, the growth in billings and rationalization of spending in 99acres, Shiksha and Jeevansathi businesses helped generate cash from operations in the quarter, said Chintan Thakkar, CFO and whole-time director.
Sanjiv Bhasin on 4 largecaps to buy now; 3 new age stocks that may double in a year
” Zomato, fintechs like Paytm and PB FinTech, may have gone from 50 to 100 but they had fallen from 150 to 100. So, if you are looking for 200 in the next two years or the next year, these are the stocks to put your money where your mouth is. I am very, very […]
IRCTC shares rise 5% after June quarter results. What should investors do?
However, the firm, on Wednesday, reported a standalone net profit of Rs 232 crore for the quarter ended June 2023, down 5% from Rs 245 crore posted in the previous year period.
LIC shares jump 6% after state insurer posts 14-fold jump in net profit
LIC on Thursday reported that its standalone net profit for the quarter ended June 2023 rose multifold to Rs 9,544 crore. The same stood at Rs 683 crore in the same quarter of last year.
Focus on playing the larger trend than trying to understand minor moves: Ravi Dharamshi
We are early in the stages of the business cycle of this country. Our corporate PAT to GDP bottomed at around 1% and it has bounced back to about 4.2%.
Chart Check: UPL in bear grip! After 25% fall from highs, should you sell the stock?
The stock hit a 52-week high of Rs 807 on 5th December 2022, but it failed to hold on to the momentum. It closed at Rs 604 on 8th August 2023 which translates into a fall of over 25%.