News for 'Asian Economics Research'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com24 Mar 2024

Stock markets would be driven by global trends and foreign investors' trading activity in the holiday-shortened week, analysts said adding that key equity indices may face volatile trends amid the monthly derivatives expiry on Thursday. This week markets will have just three trading sessions. Equity markets will remain closed on Monday for Holi and on Friday for Good Friday. "This week will be shorter due to market closure on both Monday for Holi and Friday for Good Friday.

Sensex up 335 points on buying in IT stocks, positive macro data

Sensex up 335 points on buying in IT stocks, positive macro data

Rediff.com14 Mar 2024

From the Sensex pack, HCL Technologies, Infosys, Wipro, Bharti Airtel, Larsen & Toubro, Mahindra & Mahindra, Tata Consultancy Services and Asian Paints were the major gainers. Axis Bank, IndusInd Bank, Bajaj Finance, JSW Steel, State Bank of India and Tata Steel were among the major laggards.

Sensex rides on bluechip stocks; rises 585 points

Sensex rides on bluechip stocks; rises 585 points

Rediff.com8 Oct 2024

From the Sensex pack, Adani Ports & Special Economic Zones, Mahindra & Mahindra, Reliance Industries, HDFC Bank, Larsen & Toubro, NTPC, State Bank of India, UltraTech Cement and Kotak Mahindra Bank were the major gainers. In contrast, Tata Steel, Titan, Bajaj Finserv, JSW Steel, Bajaj Finance, Hindustan Unilever, ITC, Tata Motors and Tata Consultancy Services were among the laggards.

Stock markets begin new fiscal on bullish note

Stock markets begin new fiscal on bullish note

Rediff.com1 Apr 2024

From the Sensex basket, JSW Steel, Tata Steel, UltraTech Cement, NTPC, Larsen & Toubro and HDFC Bank were the major gainers. Titan, Nestle, Bharti Airtel and IndusInd Bank were among the laggards.

Sensex tanks 668 points on profit-booking

Sensex tanks 668 points on profit-booking

Rediff.com29 May 2024

Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Wednesday, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls. The 30-share BSE Sensex declined 667.55 points or 0.89 per cent to settle at 74,502.90. It went below the 75,000 mark to hit the day's low of 74,454.55, plunging 715.9 points or 0.95 per cent.

Sensex sinks 353 points on profit booking

Sensex sinks 353 points on profit booking

Rediff.com26 Feb 2024

Selling in index heavyweights, including Infosys, TCS, ICICI Bank and Reliance Industries, dragged the benchmark indices into the negative for the second straight session, analysts said. Among the Sensex shares, Asian Paints fell the most by 3.9 per cent as analysts expressed concerns over rising competition in the domestic paints market following the entry of Aditya Birla group company Grasim Industries into the paints segment. IT shares Infosys, TCS, HCL Tech, Wipro and Tech Mahindra continued to slide amid inflation concerns in the US market.

Markets hit all-time closing high; Sensex jumps 1,721 points

Markets hit all-time closing high; Sensex jumps 1,721 points

Rediff.com7 Jun 2024

IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains.

Neighbourhood First At Modi's Swearing-In

Neighbourhood First At Modi's Swearing-In

Rediff.com9 Jun 2024

Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.

Adani group to hit the road this week to raise up to Rs 33,254 crore

Adani group to hit the road this week to raise up to Rs 33,254 crore

Rediff.com28 May 2024

The Adani group, buoyed by a sharp recovery in its share prices over the past year, is set to embark on a series of roadshows this week to raise up to $4 billion (approximately Rs 33,254 crore) through equity and refinancing of older debt, according to banking sources. The roadshows, scheduled to take place in major cities, will inform investors about the group's investment plans across renewable energy, petrochemicals, and infrastructure development.

India registered 9.3 lakh cancer deaths, 2nd highest in Asia

India registered 9.3 lakh cancer deaths, 2nd highest in Asia

Rediff.com3 Jan 2024

Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019.

What Will Modi Discuss At Quad Meeting?

What Will Modi Discuss At Quad Meeting?

Rediff.com20 Sep 2024

Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.

Bear attack makes investors poorer by Rs 31 lakh cr

Bear attack makes investors poorer by Rs 31 lakh cr

Rediff.com4 Jun 2024

Equity investors suffered a massive loss of Rs 31 lakh crore on Tuesday as markets went into a tailspin with the BSE Sensex tumbling nearly 6 per cent as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Erasing the record-rally of the previous trade, the 30-share BSE Sensex cracked 4,389.73 points or 5.74 per cent to settle at 72,079.05. During the day, the benchmark tanked 6,234.35 points or 8.15 per cent to hit a nearly five-month low of 70,234.43.

Investors become richer by Rs 3.24 lakh cr as markets rally

Investors become richer by Rs 3.24 lakh cr as markets rally

Rediff.com4 Jan 2024

Investors' wealth grew by Rs 3.24 lakh crore on Thursday as the BSE Sensex jumped nearly 1 per cent after a two-day slide. The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57. During the day, it rallied 598.19 points or 0.83 per cent to 71,954.79.

Will Japan Instability Derail India Ties?

Will Japan Instability Derail India Ties?

Rediff.com8 Nov 2024

There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

Rediff.com1 Jul 2024

Three years after India declared its goal to become a net-zero economy by 2070, the policy design for achieving the target has begun, with the NITI Aayog forming dedicated multi-sectoral committees to prepare a transition plan. In 2021, India joined a select group of nations that set a target year for becoming net-zero carbon economy. At COP26 in Glasgow, Prime Minister Narendra Modi outlined a five-pronged 'Panchamitra' climate action target for India and committed to a net-zero target by 2070, joining nations like the US, the UK, and China.

Bulls on rampage in D-Street; Sensex breaches 71K

Bulls on rampage in D-Street; Sensex breaches 71K

Rediff.com15 Dec 2023

HCL Technologies was the biggest gainer in the Sensex pack, rising 5.58 per cent, followed by Tata Consultancy Services and Infosys, State Bank of India, Tech Mahindra, Tata Steel, NTPC and Wipro. In contrast, Nestle, Bharti Airtel, Maruti and ITC were among the laggards.

Factory activity expands at a modest pace in Oct

Factory activity expands at a modest pace in Oct

Rediff.com3 Nov 2014

That prompted manufacturers to add jobs for the first time since June.

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

Rediff.com24 May 2022

As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.

June factory activity grows at fastest pace since Feb

June factory activity grows at fastest pace since Feb

Rediff.com1 Jul 2014

The survey showed firms passed on a greater cost burden to consumers. Prices charged rose at their fastest pace since October.

Economics will dominate China, India ties: Expert

Economics will dominate China, India ties: Expert

Rediff.com21 May 2012

Economics will dominate the future relationship between China and India and it will be characterised by competition and collaboration simultaneously, says an official of ISAS.

Sensex falls 256 points due to selling in banking, FMCG shares

Sensex falls 256 points due to selling in banking, FMCG shares

Rediff.com31 Aug 2023

Asian Paints dropped the most by 1.33 per cent. IndusInd bank fell 1.2 per cent, Axis Bank by 1.19 per cent, SBI by 1.12 per cent, Bajaj Finance by 1.07 per cent, Nestle by 1.04 per cent, and TCS by 0.97 per cent. Hindustan Unilever, Reliance Industries, Power Grid and Kotak Bank also retreated. Maruti Suzuki was the lead gainer, rising by 2.22 per cent.

Sensex falls 535 pts dragged by HDFC & IT shares

Sensex falls 535 pts dragged by HDFC & IT shares

Rediff.com3 Jan 2024

Among the Sensex firms, JSW Steel, Tata Steel, Tech Mahindra, Infosys, Wipro, Tata Consultancy Services, Nestle, HCL Technologies, HDFC Bank and Maruti were the major laggards. IndusInd Bank, ITC, Bharti Airtel and State Bank of India were among the winners.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com22 Oct 2023

Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movement in crude oil prices in this holiday-shortened week, analysts said. Investors would also keep an eye on the Middle East amid the ongoing Hamas-Israel conflict and the trading activity of foreign investors. Markets will remain closed on Tuesday for Dussehra.

Sensex, Nifty retreat from early highs to end flat

Sensex, Nifty retreat from early highs to end flat

Rediff.com30 Aug 2023

Among the main gainers were Jio Financial Services which jumped 4.99 per cent, Tata Steel (2.09 per cent), Maruti Suzuki (1.87 per cent), M&M (1.31 per cent) and Infosys (1.19 per cent).

Buying in index majors help Sensex settle in green

Buying in index majors help Sensex settle in green

Rediff.com27 Sep 2023

Benchmark equity indices Sensex and Nifty rebounded from early lows to settle higher on Wednesday following buying in Reliance Industries, Larsen & Toubro and ITC and positive trends in Asian and European markets. The 30-share BSE Sensex rose by 173.22 points or 0.26 per cent to settle at 66,118.69. The index opened lower and fell further to a low of 65,549.96 in morning trade.

IT, auto stocks push Sensex over 500 points

IT, auto stocks push Sensex over 500 points

Rediff.com22 Feb 2024

In the Sensex pack, HCLTech rose the maximum by 3.12 per cent, followed by ITC which gained 2.73 per cent and M&M went up 2.61 per cent. TCS climbed 2.44 per cent. Tech Mahindra, Wipro, L&T and Maruti were among the other major gainers.

Stock markets end flat in highly volatile trade

Stock markets end flat in highly volatile trade

Rediff.com25 Sep 2023

Among the Sensex firms, Bajaj Finance jumped the most by 4.64 per cent. Bajaj Finserv, Kotak Mahindra Bank, Asian Paints, UltraTech Cement, ICICI Bank, NTPC, JSW Steel and Tata Steel were among the major gainers. Infosys, Mahindra & Mahindra, Wipro, Tata Consultancy Services, IndusInd Bank and HCL Technologies were the major laggards.

'India, China are locked in a boxing match'

'India, China are locked in a boxing match'

Rediff.com9 Jun 2023

'The 2017 Doklam stand-off in Bhutan, the 2018 Maldives crisis, and the 2020 Nepal Kalapani border dispute shows how Beijing has shot off these countries' shoulders to target India.'

Telecom, auto, tech stocks help Sensex, Nifty hit fresh lifetime highs

Telecom, auto, tech stocks help Sensex, Nifty hit fresh lifetime highs

Rediff.com15 Sep 2023

Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.

Chinese hackers target India, Southeast Asia, researchers say

Chinese hackers target India, Southeast Asia, researchers say

Rediff.com13 Apr 2015

Cyber espionage operations dated back to at least 2005

Nomura hikes India exposure; M&M, Fortis, UNO Minda among favourites

Nomura hikes India exposure; M&M, Fortis, UNO Minda among favourites

Rediff.com14 Dec 2023

In a recent note, the global brokerage firm said India now commands a weight of 19 per cent in the above-mentioned portfolio as compared to 18.2 per cent in September 2023. India, it said, is a large liquid market and remains a counter-weight to North Asia if a slowdown in the West occurs and China's recovery disappoints.

Services growth stalls in October, at 6-month low

Services growth stalls in October, at 6-month low

Rediff.com5 Nov 2014

The HSBC India Services Business Activity Index, that tracks changes in activity at Indian services companies on a month-by-month basis, fell from 51.6 to exactly 50.0 in October.

Structural reforms necessary for true bull market: Experts

Structural reforms necessary for true bull market: Experts

Rediff.com19 Sep 2013

The US Federal Reserve has decided to keep its stimulus programme intact and this in turn will lead to some respite for the battered emerging market economies, but it should also be borne in mind that tapering is inevitable in the medium term.

Services sector grew marginally in Sep

Services sector grew marginally in Sep

Rediff.com7 Oct 2014

The survey showed firms' confidence regarding future business grew at the slowest pace in a year last month.

Indian factory activity expands at slower clip in August

Indian factory activity expands at slower clip in August

Rediff.com1 Sep 2014

The HSBC Manufacturing Purchasing Managers' Index, compiled by Markit, fell to 52.4 in August from 53.0 in July but chalked up its tenth month above the 50 mark that divides growth from contraction.

Investors richer by Rs 8 lakh crore in 3 days

Investors richer by Rs 8 lakh crore in 3 days

Rediff.com15 Dec 2023

Among the Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Wipro and JSW Steel were the major gainers during the morning deals. Nestle, Bharti Airtel, Axis Bank ITC were among the laggards.

Samvat 2080: A year of hope for industrial and precious metals

Samvat 2080: A year of hope for industrial and precious metals

Rediff.com23 Nov 2023

The new Samvat 2080 is viewed as a year of hope for industrial and precious metals. A key reason is the expectation of US interest rates peaking, followed by a reduction in the coming months. Regarding crude oil, its trajectory depends more on how the situation unfolds in West Asia.

India The Diplomatic Ambassador In Global Crises

India The Diplomatic Ambassador In Global Crises

Rediff.com16 Sep 2024

Times have changed, situations have changed, but the basic nature of superpower geo-politics remains the same and so also India's diplomacy -- call it non-alignment, strategic autonomy or neutrality; it all depends on the time scale, notes Rup Narayan Das.