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15th May 2020
Prime Minister (PM) Modi has announced Rs 20 lakh crore (10 of GDP) economic package on Tuesday (May 12, 2020) to fight Coronavirus (Covid 19) economic crisis. The economic package announced by the PM is one of the largest in the world.
When the Prime Minister announced the Rs.20 trillion package on 12 May, he also emphasized that the nitty-gritty of the package would be rolled out by the Finance Minister in a phased manner. Throwback to Day 1: Day one had focused on Indian econom
12th May 2020
As the temperature begins to rise, the experts generally recommend investors to buy stocks of companies associated with air conditioners, cooling systems, consumer durables and tours & travel that normally see an uptrend between March and June. S
8th May 2020
Friday the 15th of May marked the third consecutive day when Nirmala Sitharaman addressed the press and announced a slew of measures to prepare the Indian economy for growth post COVID-19. Here is how the Stimulus panned out on the first three d
6th May 2020
The year 2020 has seen a fewer number of listings but witnessed a lot of participation on Dalal Street. Nearly 39 IPO got listed in the year 2020 (including SMEs). Some of the well-known IPO details are as follows: C
5th May 2020
Indian textile industry is going through a lot of challenges such as scarcity of raw material, obsolete machinery, liquidity issues due to poor sales, strikes and tough competitive environment. The tough times for the sector is yet not over and has t
Current Economy Status For India, despite a slower curve of infection, the impact has been brutal in many ways. The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted mov
2nd May 2020
While the Sensex witnessed a loss of 1000 points on the budget day, a flurry of discussion swirled up with the big bold announcement of the government’s decision on LIC of its size. Impact of LIC Divestment on the Market Being India’s large
With an idea to simplify the entire process of tax filing, budget 2020 has proposed the introduction of new tax slabs with reduced rates. With the new regime, a common tax-payer may not require any expert advise for tax filing. Though on the face of
28th Apr 2020
A continued tepid consumption environment for the large part of the quarter coupled with the lockdown implementation, which resulted in system-wide, supply-chain disruptions, would impact FMCG performance in coming quarters. Supply-chain disruptions
24th Apr 2020
The fourth quarter of FY20 did not augur well for Indian equity markets. Nifty 50 tanked 1.8, 3.9 and 22.8 in the month of Jan 2020, Feb 2020 and March 2020 respectively. Whereas, Sensex also plummeted 1.4, 3.6 and 22.7 in the same period
20th Apr 2020
The Capital Goods sector is going through a prolonged phase of slowdown due to low capex spending, delay in execution process, stretched payments, high interest rates, land acquisition issues and a huge slate of stuck/stranded/un-operational projects
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