Indian companies are showing robust profit growth, with a double-digit year-on-year increase in net profit for the fourth consecutive quarter. While sectors like oil, gas, and retail are performing well, banking, finance, and IT are lagging. Analysts anticipate a multi-quarter earnings upcycle, boosted by economic stimuli and policy measures.Read More
Global economic outlook hangs in the balance. Finance chiefs await a potential meeting between US President Donald Trump and Chinese President Xi Jinping. Talks were dominated by trade spats and geopolitical distrust. Policymakers expressed relief that US tariffs had not caused a deeper slowdown. They also voiced dread about future risks. The meeting is crucial...Read More
Indian stock markets delivered modest returns in Samvat 2081. The market faced volatility due to faltering earnings and foreign outflows. However, domestic buying showed resilience. Entering Samvat 2082, sentiment is expected to improve. Policy reforms and RBI liquidity infusion are anticipated. Earnings are projected to grow. A stock-specific strategy is advised for potential gains in...Read More
RBL Bank anticipates its $3 billion share purchase deal with Emirates NBD to conclude within 5-8 months, with the full infusion expected this fiscal year. This landmark foreign direct investment will see Emirates NBD acquire a majority stake, bolstering RBL Bank’s balance sheet and growth across various segments.Read More
Reliance Industries saw a 14% profit jump in the September quarter. Strong 5G growth, a recovering oil-to-chemicals business, and expanding retail operations fueled this success. The company is also investing significantly in new energy initiatives and artificial intelligence. Jio Platforms added more subscribers, and Reliance Retail saw robust sales growth. Analysts have slightly improved their...Read More
China’s tightening grip on rare earth minerals, crucial for advanced technology and weaponry, is forcing global industries to seek alternative suppliers. With Beijing curbing access, countries and companies are investing in non-Chinese miners, leading to significant gains for these producers as potential supply disruptions loom.Read More
Silver prices experienced a sharp decline, their biggest in six months. This pullback followed a strong rally this week. Easing worries about US credit and trade disputes between China and the US reduced demand for gold and silver as safe havens. President Trump’s comments helped calm trade tensions. Regional bank results stabilized the stock market...Read More
Nifty closed higher for the third consecutive week, nearing its record high of 26,277. Analysts suggest banking, financials, and consumption-themed sectors like automobiles and FMCG are strong bets. Investors are advised to buy on dips, with cautious outlook for IT and media sectors.Read More
The Indian rupee’s value against the US dollar has fallen significantly. Its real effective exchange rate reached its lowest point since October 2018. This makes Indian goods cheaper globally, helping exporters. The Reserve Bank of India has intervened to stabilize the currency. Earlier this year, the rupee was overvalued due to similar interventions.Read More
The government is upgrading its portal to quickly return unclaimed shares and dividends to investors. This new system will use artificial intelligence and data analytics. The aim is to settle claims in just 15 days. Investors will also be able to use a mobile app to track their claims. This initiative will streamline the process...Read More
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