In what is good news for upstream energy companies like ONGC and Reliance Industries, the central government has cut its windfall tax on crude oil and exports of aviation turbine fuel (ATF) and diesel, according to a notification dated Jan. 16. So

An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 5.58 lakh today. Gravita India Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last two years. During

The auto sector has had a disappointing run and underperformed the Nifty last quarter as the benchmark index tested new highs in early December. This was due to concerns over rising inflationary pressures hurting the demand momentum. Indeed, input

The rich, it appears, keep getting richer, even as a global recession stares us in the face. The richest 1% of Indians own over 13 times more wealth than the bottom 50%, according to a report by Oxfam India. The top 5% own 61.7% of the total

In 2022, Westlife Foodworld Ltd, the company that operates McDonald's in South and West India, had a year to remember. While the NIFTY50 index only saw a small increase of 3.46%, Westlife's stock price soared to new height and rallied 40%. Westlif

The Indian automobile industry proved itself to be nothing less than a tough-as-nails scrapper in 2022. The odds were stacked against the industry. Geopolitical strains, supply chain bottlenecks, semiconductor shortages and a macroeconomic environmen

India’s fast-moving consumer goods sector (FMCG) has seen demand remain soft in the recent past and the third quarter ended December 31 may not hold any positive surprise on that front as rural demand has failed to perk up and urban demand too has

The Indian stock market has been on a retreating trend after hitting a new peak last month with the correction in the market taking the indices more than 5% below the all-time highs just weeks before. Although retail inflation in the country has e

Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 RALLIS BUY 258 246

The Indian arm of South Korean electronics conglomerate Samsung is in the government’s crosshairs. The Directorate of Revenue Intelligence (DRI) has issued a show cause notice to Samsung India Electronics (SIEL), The Economic Times reporte

The central government has given a blanket guarantee worth Rs 15,300 crore to National Asset Reconstruction Co (NARCL), a report in The Economic Times said. The report said that banks will now be able to rely on government guarantees on the

If you would like to participate in India’s sustainable economy, this may be your chance as the country is putting its first sovereign green bond on the radar of domestic asset managers, including state-run insurers and pension funds, as well as fo