India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.
The ultimate consequences of Rahul Gandhi's yatra may be known only in 2024, points out Dr Sudhir Bisht.
The government wants to generate 100,000 Mw of solar power by 2022.
'Kindly advise about the following stocks. Can I hold or exit?'
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
After the Gujarat and Himachal elections and the municipal polls in Mumbai and Delhi, Karnataka, Rajasthan, MP and Chhattisgarh will elect new assemblies next year leading up to the Lok Sabha election in April-May 2024, points out Virendra Kapoor.
Around 15 years ago, when Reliance Industries (RIL) struck natural gas in the Krishna-Godavari (KG) basin off the east coast, the government made plans to supply that fuel cheaply to scores of generators that sprang up in India triggered by the discovery. Most of the plants, which account for 6 per cent of India's total generation capacity, operate sparsely after the KG-D6 area first failed to meet production targets, and then finally shut shop. Affordable domestic gas was why those thermal plants came up and the rate of the fuel today is why those generators hardly operate. Record liquefied natural gas (LNG) rates may yet again unravel India's ambitions to expand use of gas in industries, households and vehicles. Rates, while volatile, may stay strong this decade as developed nations with higher purchasing power embrace gas as the transition fuel.
Aam Aadmi Party's Member of Legislative Assembly Madan Lal on Monday claimed that a member of the Bharatiya Janata Party had offered him Rs 20 crore to topple the ruling government in Delhi led by Arvind Kejriwal.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.
One of the reasons for the failure, say industry experts and financial analysts, is that Emami strayed too far from its core with sanitary napkins.
Construction companies will make money building detention centres. Information technology companies will make money on the enumeration of the CAA, NRC and NPR, notes Devangshu Datta.
Communications between the USTR and the world's most powerful pharmaceutical and trade lobbying groups reveal that many raised concerns about India's push to exempt Covid vaccines from intellectual property.
Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen, its chairman Mukesh Ambani said Friday as he outlined a 1-1-1 vision to bring down the cost of hydrogen to under $1 per 1 kg in 1 decade. The focus on generating electricity from renewable sources of energy such as solar and wind -will help cut carbon emissions in the world's third-largest greenhouse gas emitter. The same electricity, when converted into green hydrogen, can replace petrol and diesel in automobiles and other fuels in the industry, helping cut down on the use of fossil fuels, carbon emissions and reduce import dependence.
In a first in India, the fast-food joint is converting used cooking oil into biodiesel, which is used to power 20-25 trucks that make trips to around 275 restaurants carrying supplies from its distribution centre
The major reason for the policy confusion over e-vehicles is the lack of conviction within government about the utility of this disruptive technology and its role in India's larger Paris Agreement climate change commitments.
Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.
In prior elections, not only have opinion poll forecasts been very different from the results, the error margin has increased over time. One need only look at the charts that show the Sensex half a year before and after the results day for the last six elections. The markets did not change direction in any, says Neelkanth Mishra.
'Tinkering will not do. Merely staggering spectrum dues comes nowhere near solving the problem,' cautions Rahul Khullar.
The firestorm that Kangana Ranaut kicked with her comment that the Independence India won in 1947 was bheek intensified on Friday with leaders from the Bharatiya Janata Party and other parties demanding action against the actor even as a complaint was filed against her while some people took to the streets to burn her effigies.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
He added that the risks can increase if the Chinese slowdown gathers more speed.
From disbursing Rs 25.11 crore to political parties in 2014-2015, the Tata group is learnt to have contributed Rs about Rs 600 crore towards the 2019 Lok Sabha election.
As West Bengal, Kerala, Assam, Tamil Nadu and Puducherry prepare for new administrations, one is reminded of the disparity that runs through the veins of the Indian states, notes Mihir S Sharma.
The Hindutva social media continues to present the DMK especially as anti-god, anti-Hindu and anti-Brahmin. The strategy did not work in the past, it has not worked in the present, and would not work in the future, as a massive vote-getter, asserts N Sathiya Moorthy.
Lowering excise duty on petrol, diesel, and other fuels, branded fuels.
'RCB is a natural choice for us, mainly due to our long-standing association with Virat Kohli.'
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
In his order, the DM said it had come to light that in the present situation of a complete lockdown, several landlords were forcing migrant workers to pay the house rent, leaving them with no other choice but to vacate the place.
Delhi Chief Minister Arvind Kejriwal on Saturday stayed away from court here in a case filed against him by Sheila Dikshit's ex-political secretary for his alleged remarks against the former CM during power tariff hike protests of October, 2012.
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
These companies, the study said, will have to either dip into its cash balance or borrow in short term.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It is for the first time in the history of Independent India that not a single Muslim is part of the Union Cabinet.
Despite the increase, at Rs 64.32 per litre ATF costs less than petrol and diesel.
The use of these bulbs is estimated to save 3,900 Mw of power, leading to an annual saving of Rs 7,990 crore
'Google and Facebook need to be tamed, their garb of 'Investing in India's future' need to be pulled off,' observes Vibhu Arya.
While passing the scrutiny of courts is a tough challenge, with eight proposed amendments to the insolvency law, the government has sought to turn the focus back on at least some of the functions of the bankruptcy law.