Goods demand fades, services holds out hope
Overall consumer demand is also expected to come under pressure from tighter monetary conditions and lesser pull from rural India. However, high-end consumption is expected to provide some support. “Inequality is playing out. Wherever there has been recovery, it’s either been heavily biased towards the more affluent and upper-middle tiers or where it has been […]
NHAI awards two TOT bundles for Rs 6500 crore
TOT model has been developed to encourage private participation in the highway sector. Till now, NHAI has monetized 1614 km of projects for Rs 26,366 crore (excluding ToT bundle 11 and 12) through ToT and 636 km of projects for Rs 10,200 crore through InVIT.Till now, NHAI has monetized 1614 km of projects for Rs […]
Learn with ETMarkets: How does monetary policy easing impact gold investments?
Monetary policy plays a crucial role in influencing the performance of various financial assets, and gold is no exception. Gold has historically thrived during times of economic uncertainty, and one of the key drivers of its value is the prevailing monetary policy. When central banks opt for a more accommodative approach, such as lowering interest […]
Decoding the impact of Israel-Hamas war on global and Indian economy
Any retaliation against Tehran might harm ships passing through the Strait of Hormuz, which Iran has threatened to close. This will increase worldwide shipping and insurance expenses and already rising oil prices.
Cello World’s Rs 1900 crore IPO opens on Monday. What GMP signals ahead of subscription?
Mumbai-based Cello World boasts an extensive product portfolio across three key categories – consumer houseware, writing instruments and stationery, and moulded furniture and related products.
Israel-Hamas conflict, FOMC outcome to challenge gold traders’ resilience this week
The US dollar saw a boost from a combination of lackluster corporate earnings, safe-haven demand, and signs of the US economy’s resilience. Notably, the US economy posted robust annualized growth of 4.9% in Q3 2023, despite higher interest rates. Core PCE prices and personal spending further reinforced the notion of sustained economic strength.
Q2 results this week: Airtel, Adani Enterprises, Zomato, Tata Motors, L&T, Titan, IndiGo and others
Adani Green, DLF, TVS Motor, Marico, Tube Investments, Proctor and Gamble, Supreme Industries, APL Apollo, UPL, GMR Airports, Petronet, KPIT Technology, Nippon Life, Blue Star, DCM Shriram among others will announce their Q2 results.
FOMC, Q2 earnings and Mamaearth IPO among top 10 factors to move Dalal Street this week
After relentless selling in recent days, Nifty has temporarily paused its decline due to an oversold chart setup, Rupak De, Senior Technical analyst at LKP Securities said, adding that the index closed significantly below the critical breakdown level of 19,250. As long as it stays below 19,250, the market may continue to be inclined towards […]