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10th May 2022
Recently Indian multinational home appliances company, Voltas Ltd reported its Quarterly results for the quarter end of FY2022. In its quarterly results, Voltas Ltd reported that its Unitary Cooling Products (UCP) business registered a sharp decli
6th May 2022
On 6th May 2022, the Nifty fell by 252 points. This is another day with another fall in the stock market. The recent decline in the market has worried investors. But what are the reasons behind this fall? Let’s Find out… No More Easy Mon
27th Apr 2022
India’s power generation in the first 15 days of April 2022 showed a growth of 9.5% YoY at 4.53 BU per day. The increase in demand is due to an increase in temperatures leading to the Ministry of Earth Sciences declaring a heat-wave status in sever
25th Apr 2022
Rallis India, a Tata Group company Group Co., has a history of over 150 years. The company is into the manufacturing of Agrochemicals and is present across the value chain of agriculture inputs - from seeds to organic plant growth nutrients. On 21
Refining margins have hit a high on the back of record-high diesel spreads. Singapore complex hovered between $ 19-20/bbl last week, while diesel spreads have been between $ 40-45/bbl. How did this come about and is this temporary? 1) The deman
21st Apr 2022
Energy security has come to the forefront globally and renewables will play a leading role in boosting domestic energy security. Reliance is aiming to provide the resources behind the evolution of India's energy transition and the world's hydrogen ec
The Russia-Ukraine war and resurgence of COVID-19 cases have dimmed the economic outlook. The higher energy costs place downside risks on growth and persistent supply chain disruptions put upward pressure on inflation. Despite expectations of weaker
13th Apr 2022
Q4FY22 is expected to be a wash-out quarter for many companies across sectors. The impact of the third wave of Covid caused due to Omicron variant in January and continued spiraling inflation has impacted demand while the elevated level of commodity
12th Apr 2022
India’s 8% global share in computer (IT) and other business services (ITES) in 2020 is a record high. Indian IT/ITES exports growing much faster than almost all peers and India is practically the second-largest globally, next only to the US.
On 8th April, the Reserve Bank of India (RBI) announced the Monetary Policy for the month of April and kept the benchmark interest rate unchanged at 4 percent going forward decided to withdraw its accommodative stance to ensure that inflation remains
8th Apr 2022
The hike in raw material prices prompted major steel companies to increase prices in April after two successive months of hikes. JSW Steel, ArcelorMittal Nippon Steel India, and Jindal Steel & Power (JSPL) are among the top private sector stee
7th Apr 2022
The Indian credit card industry has been growing strongly at 19%-25% CAGR in the card in force spending (online + offline) over FY17 to 9MFY22. The growth is expected to continue in the future given that the credit card industry is at a relatively na
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