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India Inc wants the Reserve Bank of India (RBI) to slow down on any further interest rate hikes, citing weak domestic growth prospects, as fears of a global slowdown loom large. "Given the headwinds to domestic growth mainly emanating from t
After the government and the Life Insurance Corp sell most of their stake in IDBI Bank, the lender will be considered a ‘private sector’ bank, the finance ministry has said. The government will continue to hold a 15% residual stake in th
Could the flow of foreign capital shift from India to China and South Korea over the coming quarters? Well, at least two global fund houses seem to think so. Strategists at Goldman Sachs Group Inc. expect Asia’s equity leadership to shift from S
C-suite executives have been swinging wildly between the two horns of a financial dilemma for the last five-six quarters. Their moment of truth is briefly summed up in this rather vexing choice: Pass on inflated raw material costs to one’s own cust
The Indian stock market, which crossed its all-time high to close at a new peak yesterday, has seen bulls take charge even as Dalal Street is split down the middle on taking directional calls for the indices. While one side believes the market is poi
The Adani Group, led by billionaire Gautam Adani, is out to raise as much as $5 billion in equity capital. The board of directors of Adani Enterprises, the group’s flagship company, will today consider and approve the proposal of raising f
The employment rate in India is gaining momentum, government data for October shows. This effectively signals that economic growth in the country is picking up. What does the data say? The Ministry of Finance noted a significant increase
Sugar producers in the country are expected to face pressure on their profitability in the new sugar year that runs from October 1 to September 30 of the following year, due to a combination of factors. Given that sugar is an essential commodity,
Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 ASHOKLEY BUY 149 143
As indicated by SGX Nifty, Nifty 50 opened higher. In this article, we have listed the top stock witnessing price volume breakout. On Friday, Nifty 50 ended the session lower by 0.62% at 18,812.5. However, SGX Nifty suggested a buoyant openi
India’s stock markets may be testing lifetime highs, but high-net-worth individual (HNI) investors seem to be staying away from putting lump sum money into mutual funds. Lump sum inflows into the equity segment, excluding new fund offers (
The Tatas may soon acquire the iconic bottled water brand Bisleri for anywhere between Rs 6,000 crore and Rs 7,000 crore. Bisleri, promoted by Ramesh Chauhan and his family, is set to be acquired by Tata Consumer Products Ltd, The Economic T
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