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Bank Nifty ended Wednesday's session with a gain of 0.64% and recorded a fresh all-time high level. The price action for the day has formed a small-bodied candle with shadow on either side, this candle resembles a high wave candle, but it ca
In what should be good news for FMCG and auto companies, the central government may increase rural spending by nearly 50% to Rs 2 trillion ($24.51 billion) next fiscal year, a Reuters report has said. This, as the country seeks to boost jobs and a
The introduction of new products and effective agent training are driving factors in LIC's strategy to sell more non-par. Young millennials, agents who are already selling these products, and club members—experienced agents who can eventually sell
An economic slowdown may be on the anvil, but the Indian central bank may be in no mood to go slow on rate hikes, at least not just yet. While the fiscal second quarter growth may be just half of what it was in the first quarter, the central bank
There are select managerial markers that always typify a well-run company. When looked deeply, one invariably finds that in high-performing companies the board of directors, the promoter, the CEO, the senior management and, by and large, the
Bank Nifty formed a doji like candle on Tuesday as the close of the day was near the opening level of the day. The Bank Nifty traded in a tight range for the second consecutive day. It declined sharply soon after opening, but in the last hou
The government has decreased export taxes on steel and iron ore as of November 19, six months after the levy was put into place. On November 18, the finance ministry made a late-night announcement that certain pig iron and steel products, as well as
Six months after the levy's implementation, the government has reduced export duties on steel products and iron ore, with effect as of November 19. According to a late-night announcement from the finance ministry on November 18, export duties will be
A decade ago when the Pitti brothers were trying to build EaseMyTrip, they were seen as someone trying to ride on a brand name similar to the largest player in the online travel agency (OTA) business in the country. Of course, EaseMyTrip was a minnow
Indian readymade garments exports are expected to surpass the $30 billion mark by 2027, translating into a 4.6% to 4.9% share in world exports as against the current share of around 3%, said rating agency CareEdge in a report. This is important as
The next time you buy an electric vehicle, chances are you may be taking a loan from HDFC Bank. The lender is going big on EV loans as more and more Indians look to buy an electric vehicle, a report in The Economic Times has said.
India’s economy may be growing slower than earlier expected, but the country remains a favourite destination for global investors. India has emerged as the second most coveted investment market after the United States for sovereign wealth
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