ECONOMIES
Modi's message from Parliament on business and economy Though PM Modi stressed his government's social agenda, he also confidently underlined the policy continuity. Speaking in the Rajya Sabha today, he said not only the markets are upbeat but the global community too is glad at the return of his govern...
03 Jul, 2024, 06.03 PM ISTEconomy on strong wicket after fiscal first quarter India's economy showed strong first-quarter performance with surging manufacturing activity, robust GST collections, and record-high Sensex, alongside a rise in passenger car sales and new export orders from overseas markets, as highlighted by indus...
02 Jul, 2024, 06.00 AM ISTFMCG is “passe”: Indian economy has a new definition of defensive stocks: 8 stocks from 2 sectors with upside scope of up to 37% On the day of election results were announced and the whole stock market melted, stocks from one sector were able to gain, that was FMCG. Many theories were floated about why they are doing well. Right from them being defensive stocks to that focus ...
30 Jun, 2024, 04.04 PM IST- ADVERTISEMENT
Has the global economic environment turned favourable for equities? Global economy's resilience amidst crises led to surprising growth stability and inflation control. Potential trade war threats loom, while equity markets soar to record highs, indicating positive economic outlook.
28 Jun, 2024, 11.13 AM ISTIndia's GDP growth to slow modestly this fiscal year and next: Reuters poll28 Jun, 2024, 08.19 AM IST Sector-wise fundamental analysis of Indian stocks after elections Investing in quality companies and adopting a long-term SIP approach can maximize benefits in India's growth journey towards a $10 trillion economy through essential infrastructure development.
26 Jun, 2024, 11.34 AM ISTFed's Daly: inflation not the only risk, policy must 'exhibit care' San Francisco Fed President Daly emphasizes caution in addressing inflation control and rising unemployment risks, highlighting the need to restore price stability without harming the economy.
25 Jun, 2024, 07.49 AM ISTStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 43% While the indices might be witnessing correction on intra intra-basis, the broader markets are still very much under the control of the bulls. There is greater likelihood of bullish sentiment continuing, so be bullish but more than anything else in ...
24 Jun, 2024, 03.15 PM ISTGautam Adani at AGM: Hindenburg 'short-seller attack aimed to defame, hurt us ... made us stronger' The headwinds that tested us became the very ones that made us even stronger, Gautam Adani, the Chairman of the Adani Group, told shareholders on Monday, stressing that no challenge could weaken the foundations of the Group. Addressing the Adani Ent...
24 Jun, 2024, 12.02 PM ISTEurozone business activity slows on French vote risk Euro-area private-sector business activity lost momentum as France's snap election outcome weighs on firms. S&P Global's PMI fell to 50.8 in June, disappointing analysts. Europe's economy, recovering from last year's recession, faces challenges.
22 Jun, 2024, 09.38 AM ISTGautam Adani makes big stock market prediction: 'Never a better time to be an Indian...' "By 2050, I expect the stock market capitalisation to have exceeded $40 trillion. What this effectively means is that over the next 26 years, India will potentially add $36 trillion to its stock market capitalisation," Gautam Adani said.Gautam Adani...
19 Jun, 2024, 04.08 PM ISTKnowledge economy, not silly conformity The fact that 'unpleasantness' is perceived as a criterion for textbook excision tells a sad story about NCERT's understanding of pedagogy and knowledge. If fake facts for our young are to join the trough of fake news to maintain some skewed notion ...
17 Jun, 2024, 11.03 PM ISTJapan's Nikkei dips below key 38,000 mark; Toyota drops Equities strategist Kazuo Kamitani from Nomura Securities projected a Nikkei correction to 37,500. Suzuki Motor's stock dropped by 3.6%.
17 Jun, 2024, 12.27 PM ISTGoldman Sachs boosts S&P 500 target on upbeat profit outlook Goldman Sachs Group Inc. raises S&P 500 year-end target to 5,600, reflecting optimism for earnings growth and the US economy.
15 Jun, 2024, 09.52 AM ISTExperience of dealing with all conditions of economy: 5 midcap stocks with upside potential of upto 42% With the elections behind them, bulls are back in the game with more confidence. If there is no big issue which comes from the global market, there is a high probability that we are going to see some upward movement in all segments of the market. Be...
13 Jun, 2024, 04.39 PM ISTAsia shares stumble; political uncertainty grips euro Asian stocks fell as traders reduced bets for Fed rate cuts due to a tight US labor market. A snap election in France raised political concerns, impacting the euro. MSCI's Asia-Pacific shares index also dropped.
10 Jun, 2024, 07.54 AM ISTJPMorgan, Citi scrap Fed rate-cut bets for July after jobs data JPMorgan's chief US economist, Michael Feroli, stated in a report on Friday that "the recent momentum in job growth" indicates that the "broader" labor-market weakening, which the Fed mentioned could justify a rate cut, might take more than three mo...
08 Jun, 2024, 09.50 AM ISTUS stocks close slightly lower; jobs data strong but rates still high Wall Street stocks ended slightly lower on Friday after strong U.S. jobs data raised concerns about the Federal Reserve's stance on interest rates. The Labor Department reported 272,000 jobs in May, exceeding expectations, with a 4% unemployment rat...
08 Jun, 2024, 09.25 AM ISTIndian HNIs swell by 12.2% YoY in 2023, wealth surges 12.4% on booming markets, economy: Report The number of high net-worth individuals (HNIs) in India increased by 12.2% in 2023, reaching 35.89 lakh individuals. Their financial wealth also rose by 12.4% to $1,445.7 billion, driven by a strong economy and the performance of domestic equity ma...
06 Jun, 2024, 04.36 PM ISTWall Street drifts to mixed finish after the latest signal of a slowing economy U.S. stocks mixed as economy slows. S&P 500 up 0.1%. Dow down 0.3%. Nasdaq up 0.6%. Manufacturing shrinks, affecting Treasury yields. Companies struggle with high interest rates. Tech stocks soar. GameStop rises. AMC climbs. Waste Management to buy ...
04 Jun, 2024, 07.43 AM IST