ANNUALIZED RUN RATE
Sensex target is 1 lakh by December 2025 if bulls keep running at historical CAGR
Sensex surged from 70,000 to 80,000 in under 7 months, hinting at a potential reach of 1 lakh by December 2025 with a 16% historical CAGR. Since its inception at 100 in April 1979, it has grown 800 times at a 15.9% CAGR, suggesting a future landmark by December next year.
Not politics, not interest rates: India's surging economy at risk from water
India is facing a growing water crisis, with the country's growing water stress potentially impacting its growth. The country's growing water stress could affect agricultural production and industrial operations, leading to food inflation and declines in income for affected businesses and workers, especially farmers. Contaminated water kills about 200,000 Indians each year, and the government is focusing on conserving the resource, recycling waste water, and reducing the country's over-reliance on the annual monsoon, especially in the agricultural sector.
US inflation cools in May, boosting hopes of Fed rate cut
May's stable inflation, influenced by service costs and goods prices, sets the stage for potential Federal Reserve interest rate changes. The report highlights slight consumer spending growth and hints at the Fed's aim for a controlled economic slowdown through core inflation moderation.
Sensex, Nifty hit brakes on record run; Nifty IT defies market mood
Indian equity indices, influenced by global trends, closed lower on Friday. The Sensex fell 269 points to 77,209, and the Nifty dropped 66 points to 23,501, impacted by Reliance Industries, L&T, and HDFC Bank.
Buying gold annually in order to diversify allocation of forex reserves: Shaktikanta Das
I think SEBI is engaged with that. So, let me not intrude into SEBI's territory and start talking about the stock markets. I think SEBI is fully seized of what is happening in the markets and we have our regular interactions with the SEBI as a part of the FSDC, the Financial Stability and Development Council, we have also a subcommittee which is chaired by the governor.
How ‘Mehengai’ impacts your real rate of return
Inflation impacts stakeholders like companies, investors, and the economy. Central banks manage inflation. Real Rate of Return is crucial for investment performance.
Clean energy investment set to run at double fossil-fuel spend
Investment in clean energy technologies is set to reach $2 trillion this year, doubling fossil fuel spending.
Ind-Ra upgrades Adani Green Energy's rating, outlook stable
The ratings also reflect Ind-Ra's expectation of favourable operational to under-construction book ratio, given the operational capacity of nearly 10.9 GW, and an increase in annual capacity addition targets to 5GW.
In a growing economy, new defensive sectors tend to emerge: 5 tiles and ceramic and home makers stocks with upside potential of up to 41%
Many times the word, defensive stocks is used on the street. Most of the time it is FMCG, pharma and others which are referred to as defensive stocks. The reason being that the demand for these companies is steady and is not impacted much even when there is any slowdown in an economy. The question is in an economy which is growing faster and new areas of consumption are coming up every second day, where the demand from being seasonal and cyclical has reached a stage where in all economic conditions it stays above single digit, shouldn't those also be considered as defensive and valued accordingly. Probably the Indian economy has reached a stage where the demand for tiles, ceramic and home building products, ex-cement has reached a level where in worst cases it will not go below a point.
Want to buy split AC; which one should you go for inverter, or old style? Here's how they differ in overall cost and experience
Split AC: This summer which type of AC to buy? Inverter or old style split AC. Know how much money you need to spend on running it, repairing it, and others. However you will not be able to find any 5 star old style split AC anymore as the market is now dominated by inverter ACs.
India may outpace Nutanix’s global growth metrics: CEO
CEO Rajiv Ramaswami told ET in an exclusive interaction on the sidelines of the company's annual .NEXT conference in Barcelona that Nutanix sees its India growth rate outpacing its projected global metrics for Annual Recurring Revenue (ARR) and profitability.
Awfis Space Solutions IPO sails through on first day. Check GMP and other details
Awfis Space Solutions IPO saw high demand from retail investors on the first day. The IPO includes a fresh share sale of Rs 128 crore and an offer-for-sale of up to 1.22 crore shares. Anchor investors like Goldman Sachs and HDFC MF also participated.
Awfis Space Solutions IPO opens for subscription. Should you bid?
Awfis Space Solutions IPO, with participation from anchor investors like Goldman Sachs, EastBridge Capital Master Fund, HDFC Mutual Fund, and ICICI Prudential MF, will open for subscription at Rs 364-383/share. Analysts recommend subscribing for market leadership and reasonable valuations.
Need to rationalise MSME schemes for reach: DFS Secretary
Speaking at the CII Annual Business Summit 2024 on Friday, Joshi also noted that there is a need to address language issues of schemes to make them easier and more comprehensible.
Solar stocks outshine with up to 1,318% return in 1 year. Who’s driving the bull run?
Waaree Renewable Technologies, a smallcap solar company, has emerged as the leading gainer in the solar sector, boasting an astounding annual return of 1,318%. It is followed by WAA Solar with a gain of 561%, Zodiac Energy with 393%, and SJVN with 236%.
State-run cos thriving under PM Modi's leadership: FM Nirmala Sitharaman
A high-level expert panel on floor wages in India is set to re-examine the wage rates finalised earlier, considering minimum wages notified by all states across three categories. The panel, led by SP Mukherjee, will hold its final meeting on May 27 and submit its report to the new government by June 2024. The three-year term of the expert committee, established in 2021, will end on June 30, 2024. The report is expected to outline a roadmap for periodic review of floor wages based on updated data sets and methodology changes.
10-year US Treasury yields hit over five-month high as inflation runs hot in Q1
U.S. Treasury yields hit more than five-month highs after data on Thursday showed that a measure of inflation rose more than expected in the first quarter, even as growth was weaker than previously thought.
PMS Talk: Anirudh Garg turns Rs 50 lakh to Rs 2.5 cr since 2020; secures place in top 10 PMS funds in FY24
Anirudh Garg from INVasset PMS shares insights on market trends, strategic shifts, and investment performance, emphasizing the importance of identifying new leaders during bull runs and adapting promptly to sector changes for optimal returns.
Honasa Consumer's The Derma Co hits Rs 500 crore revenue run rate
Honasa Consumer's The Derma Co achieved Rs 500 crore ARR, competing with Minimalist and Plum. Profitable in FY24 Q1-3, it surpassed Rs 350 crore in June-quarter FY24.
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