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24th Mar 2022
The last time that India had met its merchandise export target was in 2014. For FY22, Piyush Goyal had set an aggressive target of $400 billion. That target has been just about achieved and India could close FY22 with merchandise exports of $415 bill
In what could be music to the ears of the stock broking industry, a recent report by ICRA expects the revenues of the broking industry to grow by 32 in FY22 on the back of frenetic growth in number of accounts and average daily turnover. ICRA exp
The anchor issue of Ruchi Soya Ltd saw a robust response on 23rd March 2022 and the announcement was made late on Wednesday. The FPO opens on 24th March 2022 in the price band of Rs.615 to Rs.650 and shall remain open for 3 working days and close on
Asset allocation is an integral part of initiating and balancing an investment portfolio and is one of the most crucial factors that drive the overall return. The impact of allocating assets is even more than picking the right individual stocks. Buil
Equity Linked Savings Schemes are one of the best investment options available in the market today. From beginners to expert investors, all of us can invest in ELSS mutual funds to save tax and grow our money without too many worries. Rather than
Mutual funds have been around since the 1960s, and in the past decade, India's mutual fund industry has grown exponentially. With changes to India's financial rules, investing in mutual funds has become more critical than ever. One thing that attract
23rd Mar 2022
For the stocks of Equitas Holdings and Equitas Small Finance Bank (SFB), the big trigger was always going to be the reverse merger of Equitas Holdings into Equitas SFB. Accordingly, there was a sense of excitement in the markets on Tuesday 22nd March
On Tuesday, 22nd March, Fitch Ratings reduced India’s GDP growth estimates for FY23 by a total of 180 basis points from 10.3 previously to 8.5. Fitch expects the rapid rise in inflation, driven by crude prices, to be a major headwind for India in
Nitin Gadkari, the Union Minister of Road Transport and Highways, has been in the news for the rapid aggression with which he executed road and highway projects across India. In fact, the average length of highways laid during any average day was
Zomato Instant, the grand plan of the CEO Deepinder Goyal to delivery food in 10 minutes, was always going to be tough. But what Deepinder did not bargain for was the huge social media controversy it created. If you go by the memes and trolls that
As of the penultimate day of the TCS buyback program on 22nd March, the TCS buyback had already been subscribed around 5.5 times. The Rs.18,000 crore buyback had opened on 09th March and will close on 23rd March. However, as of the close of 22nd M
The US economy disregarded the impact of the rise in Omicron cases around the turn of the year. Consumer spending indicators recovered quickly after a slight correction in December 2021 and non-farm payrolls expanded by an average of 580,000 in Janua
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