Ports Bill in works to make tariffs transparent and revamp penalties
The Indian government is working on a new legislative framework for ports that aims to improve transparency in port tariffs and update penalties for offenses. The proposed Indian Ports Bill, 2023, will empower the Maritime States Development Council (MSDC) to promote integrated planning between states and the central government.
Cost overruns of central government projects decline in August to 19.08%
The cost overruns of central government projects worth Rs 150 crore and above decreased to 19.1% in August, marking the fourth consecutive month of decline. However, 54% of the projects were delayed for over two years, with an average time overrun of 36.96 months. The railways ministry had the highest cost overruns, while the roads […]
Govt to link 28 more mandis to eNAM: Agri Secretary
The Indian government has announced plans to integrate 28 new wholesale mandis, or market yards, with the online trading platform eNAM. This will bring the total number of integrated mandis to 1,389. The Agriculture Secretary, Manoj Ahuja, highlighted the importance of providing key information to stakeholders in order to remove information asymmetry. He also emphasized […]
Microsoft eyes Apple’s spot as world’s largest stock
“Microsoft has more of what the market wants right now, and given where we stand on the pair’s growth prospects, we wouldn’t be surprised to see it overtake Apple,” said David Klink, senior equity analyst at Huntington Private Bank.
Smallcap multibagger stock, with over 380% returns in 3 years, announces record date for stock split
As per Trendlyne data, the average target price of the stock is Rs 1,055, which shows an upside potential of 8% from the current market prices. The consensus recommendation from 3 analysts for the stock is a ‘Strong Buy’.
What should we expect from the FOMC outcome? Arnab Das answers
People do not expect higher inflation, keep demanding higher wages, that is more of a problem, perhaps, in the United Kingdom than in the United States, where there is really no evidence of a price-wage spiral, let alone a wage-price spiral.
We have given a 25% plus growth target for this year: HP Singh, Satin Creditcare Network
Having said that, the reason why we feel that we are pretty confident in pent-up demand, because of the asset quality being much better than what we really expected and possibly also the fact that whatever had happened during the pandemic, I think that is all over now. We made all write-offs and provisions and […]
For risk takers: 5 midcap stocks from different sectors with potential upside of up to 24%
After months of relentless rally, last week mid-cap stocks witnessed some correction. Will this correction last longer would become clear in the coming few weeks as the earning season gets kicked off, analysts are bullish on select midcap stocks which have seen their score improving. Stocks from sectors like financial services, logistic are on the […]
The future of wealth management will be hybrid – a blend of physical and digital
This not only ensured the uninterrupted operation of their businesses but also laid the groundwork for a digital-focused future. Wealth managers took proactive steps by investing in digital operational frameworks and harnessing data-driven insights.
These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%
As nifty takes a breather after crossing the 20,000 mark the broader market continues in bullish mode making analysts bullish on select large cap stocks. Stocks from different sectors are making to the list, this week, stocks from private bank, aviation, insurance and fertilizer. ET screener powered by Refinitiv’s Stock Report Plus lists down quality […]