India, US must map out economies, form supply chains in complementary ways: Katherine Tai
”So at this point, our trade relationship within the context of the larger relationship, is mirroring the dynamism and the upward trajectory that I see just over the course of a couple of days visiting Jaipur and Delhi (for G20). It is an incredible sense of optimism and forward-looking vantage point. We are challenging ourselves […]
GIFT IFSC: A booming hub for global fund managers
India’s thriving economy has also attracted $46 billion in FDI during FY2023, registering a remarkable growth of 89% since FY2014. This warrants scrutiny of the jurisdictions contributing to this inflow. Notably, Singapore emerged as the leading source of FDI to India, contributing 37% ($17.2 billion) of the basket. The small island nation of Mauritius had […]
Saurabh Mukherjea on the positive as well as negative triggers lying ahead of Indian market
“I keep explaining to foreign investors that ours is a robust democracy and we go through elections, every 12 months we go to some sort of major elections and all. But all of that being said, there will be a degree of concern as we go through the election cycle in India.”
JPMorgan sees ‘limited downside’ for crypto near term after bitcoin’s recent rout
Bitcoin, the largest crypto token, was down 0.2% at around $25,980 as of 11:30 a.m. in New York on Friday. In the past two weeks, it has fallen almost 12% after trading sideways for about a month.
Stock exchanges slap fines on IOC, ONGC, GAIL for failure to meet listing regulations
Except for IOC which was slapped with the fine for not having the required one woman director on the board, all the companies were fined for violating the norm of having the required number of independent directors.
Rishabh Instrument among 6 IPOs to watch out this week
Primary market from 19 to 25 August has been quite fascinating, with three mainboard IPOs opened for raising a total of Rs 750 crore, said Mahavir Lunawat, Managing Director of Pantomath Capital Advisors.
RBI in tight spot as interest rate differential with US narrows
India finds itself at a critical point as its interest rate differential with the US has notably narrowed (see Figures 1 & 2 wherein government bond yields have been used as proxies for interest rates). This tight spot has left the Reserve Bank of India (RBI) facing a tough decision – whether to align with […]
Mcap of three of top-10 most-valued firms erodes by Rs 82,082.91 cr; Reliance biggest laggard
The combined market valuation of three of the top-10 most valued firms eroded by Rs 82,082.91 crore last week, with Reliance Industries taking the biggest hit. From the top-10 pack, Reliance Industries, HDFC Bank and State Bank of India were the three laggards, while Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti […]
FPIs invest Rs 10,689 cr in Aug; pace of investment slows
Additionally, higher crude oil prices and resurfacing of inflation risks, firming up of bond yields in the US, would have led some foreign investors to drift away from riskier markets in favour of greater certainty and better risk-reward profile offered by US treasuries, Srivastava said.