Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/tech-query-does-tcs-have-more-room-to-fall/article65646957.ece We zoom in on its prospects, as also that of two other stocks: Indian Oil Corporation and Venky’s (India) I have bought shares
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*****YES Bank, JC Flowers in pact for ARC in bid to seal largest ever NPA deal | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/yes-bank-says-jc-flowers-arc-base-bidder-for-bad-loans-up-to-rs-48k-crores-122071500331_1.html This is being termed the single-largest bad loan deal The bank plans to conduct the bidding process on a Swiss challenge basis for
*We are looking at being distinctive as a bank: Axis Bank MD & CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/we-are-looking-at-being-distinctive-as-a-bank-axis-bank-md-ceo-122071500949_1.html In a Q&A, Axis Bank MD & CEO Amitabh Choudhry says bank’s core leadership is focused on 19 transformative initiatives, at both business
*Demand recovery a rosy picture for paint companies in Apr-Jun quarter | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/demand-recovery-a-rosy-picture-for-paint-companies-in-apr-jun-quarter-122071501046_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Listed paint companies could report over 30 per cent revenue growth year-on-year (YoY), aided by double-digit volume growth in decorative paints and cumulative
Fall in rupee against USD lower than many major currency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fall-in-rupee-against-usd-lower-than-many-major-currency/article65644534.ece Indian rupee money bag and red arrow down. Economic difficulties. Capital flight, high risks. Costs expenses. Crisis, loss savings. Stagnation, recession, declining business
G-Sec yields rise on fears of aggressive Fed rate rate hike and rising crude oil price – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/g-sec-yields-rise-on-fears-of-aggressive-fed-rate-rate-hike-and-rising-crude-oil-price/article65644917.ece Floating Rate Bond devolves on PDs at the auction Government securities (G-Secs) prices declined on Friday, tracking US Treasury yields, as the bond
ITR 2021-22: These high-value transactions must be declared in your return | Business Standard News
lipped from: https://www.business-standard.com/article/pf/itr-2021-22-these-high-value-transactions-must-be-declared-in-your-return-122071500205_1.html Such transactions attract special attention from the income tax (I-T) department and are mandatory to be furnished. If not, they may lead to
Rupee News: Rupee touching 80 to a dollar doesn’t mean Indian fundamentals are very weak: Mythili Bhusnurmath – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/rupee-touching-rs-80-to-a-dollar-doesnt-mean-indian-fundamentals-are-very-weak-mythili-bhusnurmath/articleshow/92890764.cms SECTIONS Rupee touching 80 to a dollar doesn’t mean Indian fundamentals are very weak: Mythili Bhusnurmath By Tamanna Inamdar ,Last Updated: Jul 15,
MSME News: MSMEs bounce back with normalising repayments: SIDBI MD Sivasubramanian Ramann – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-bounce-back-with-normalising-repayments-sidbi-md-sivasubramanian-ramann/articleshow/92881202.cms Small Industries Development Bank of India (SIDBI), the biggest lender in the vital SME segment, believes the damage to the financial system would be
trade deficit: Imports eclipse exports growth, fuel CAD fears – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-overall-exports-climbs-23-yoy-in-june-imports-jump-55-7/articleshow/92894221.cms Synopsis India’s overall exports, merchandise and services combined, are estimated to have grown 22.95% year-on-year in June 2022, at around US$ 64.91 billion,
Fed official signals willingness to hike interest rates full percentage point | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/fed-official-signals-willingness-to-hike-interest-rates-full-percentage-point-1126801.html The Fed in March began aggressively raising borrowing costs to try to cool demand amid the impact of the Ukraine war The Fund
As rupee falls, spread between India and US bond yields tightens | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/as-rupee-falls-spread-between-india-and-us-bond-yields-tightens-122071401286_1.html In comparison, the recent decline in the yield spread is because bond yields in the US have risen faster than in India Photo:
Global recession fears may ease inflationary pressures: Govt report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflationary-stress-may-ease-on-fears-of-recession-finance-ministry-122071401342_1.html CAD will deteriorate if crude prices don’t come down Illustration: Binay Sinha With global prices set to soften due to fears of a
*RIL, ONGC gain amid report govt may lower windfall tax on fuel on Friday | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/ril-ongc-gain-amid-report-govt-may-lower-windfall-tax-on-fuel-on-friday-122071400778_1.html On the bourses, shares of RIL jumped 2.4 per cent in the intra-day trade, while those of ONGC rose 6.4 per cent. Shares
Overseas investors continue to cut shareholding in both HDFC, HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/overseas-investors-continue-to-cut-shareholding-in-both-hdfc-hdfc-bank-122071401489_1.html FPIs’ stake down over 400 bps in both, move paves way for global index inclusion of merged unit Illustration: Binay Sinha Foreign portfolio
*****Fiscal deficit reined in, CAD a concern: Finance Ministry – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/fiscal-deficit-under-control-current-account-a-worry-finmin/article65640824.ece?homepage=true “Inflation, trade deficit are key challenges” “Inflation, trade deficit are key challenges” India’s macro risks have receded in recent weeks and concerns about
*******CAD expected to deteriorate in FY23 on costlier import: FinMin Report | The Financial Express
Clipped from: https://www.financialexpress.com/economy/cad-expected-to-deteriorate-in-fy23-on-costlier-import-finmin-report/2594230/ On the positive side, the report said, agriculture is picking up momentum with the revival in monsoon and Kharif sowing. The geographical distribution
*ACC net profit down 60% in Q2 on lower realisation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/acc-net-profit-down-60-in-q2-on-lower-realisation/article65639886.ece While the sales volume increased 11% to 7.56 mt, EBITDA plunged to ₹426 crore ACC has reported a 60 per cent dip in
*Windfall Tax: RIL shares down 8% so far this month. Are concerns over windfall tax overdone?
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/ril-shares-down-8-so-far-this-month-are-concerns-over-windfall-tax-overdone/articleshow/92873340.cms Synopsis Analysts at HDFC Securities said the recent correction in Reliance shares is overdone. The domestic brokerage has an ‘add’ rating on RIL
How MSMEs can achieve sustainable growth in the ‘RRR’ space | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-green-how-msmes-can-achieve-sustainable-growth-in-the-rrr-space/2586837/ Sustainability for MSMEs: Climate change, energy shortage, employment generation, the problem of inequities, rising e-waste problem are some of the raging concerns of
