Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
"Within the broader index of industrial production, manufacturing has the largest of the weight. Having fallen off the cliff by 40.7 per cent during the April-June quarter, it is likely to witness a rebound when July IIP data is released. However, turnaround to positive growth trajectory could be some time away," Assocham said.
Nestle India was the top loser in the Sensex pack, shedding 2.20 per cent, on its first day as part of the index.
From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.
As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.
What the labour market statistics of March 2022 show is India's biggest sign of economic distress, points out Mahesh Vyas.
The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).
Tech Mahindra was the top laggard in the Sensex pack, cracking over 5 per cent, followed by Infosys, HDFC, IndusInd Bank, Reliance Industries and NTPC. On the other hand, Hero MotoCorp, L&T, Maruti, UltraTech Cement and Sun Pharma led the gainers' chart.
'Kindly advise about the following stocks. Can I hold or exit?'
Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Vinai Kumar Saxena's current job as lieutenant governor of an Opposition-ruled state will raise the bar -- not just for him, but also for the Aam Aadmi Party government, which never says no to a fight with the representative of the central government in India's capital.
The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
The growth in eight infrastructure industries slowed to 2.3 per cent in May mainly due to contraction in crude oil, natural gas, coal and fertilizer output.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
Titan is investing heavily on research and development, which will do things beyond a smart watch can do today such as switching off lights, locking, and unlocking doors and making payments. Titan is also working closely with start-ups, too, to develop such futuristic features.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
As many as seven of eight core industries saw a contraction in output in September.
Eight infrastructure industries have posted a growth rate of 8 per cent for September on account of good performance by crude oil, steel and electricity sectors.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'Trade cannot take place when there is no trust.'
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
Customs collections are six per cent higher during April-June this year over the previous quarter, mainly on account of higher imports of raw materials and capital goods, Central Board of Excise and Customs chairman P C Jha told PTI. Stating that collections are higher on account of improved imports of raw materials and capital goods, he said, this certainly would lead to improvement in manufacturing sector, though the results would be seen 2-3 months later.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Jindal Power bagged 2 coal mines in Chhattisgarh.
A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Growth in the six core industries -- crude oil, petroleum refinery products, coal, electricity, cement and finished steel -- in April-March 2008-09 was 2.7 per cent against 5.9 per cent in the previous fiscal. Crude oil production continued to remain in the negative zone as it dipped by 3.1 per cent in April while it had registered a growth rate of 1 per cent a year ago.
The growth of eight core sectors slowed down to 2.6 per cent in August mainly due to contraction in steel output.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
Mumbai airport is the largest gateway for movement of pharma and agro products in the country.
Prime Minister Narendra Modi's decision to open commercial coal mining to private players is a key step towards bringing order to the country's chaotic power industry and ending the chronic blackouts that impede its economic rise.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.