Stock Markets Set To Continue Solid Run On Election Results
Back home, the markets will welcome the BJP's win in the states of Madhya Pradesh where it has returned and Rajasthan and Chattisgarh where it has defeated the incumbent
'Taxing Foreign Travel Won't Promote Domestic Tourism': Travel Body Head Jyoti Mayal
For The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj spoke to Mayal to understand the trends seen in 2023 for both international and domestic travel and how it would pan out in 2024.
India's GDP Comes In At A Surprise 7.6% For Q2
India's GDP clocked a growth of 7.6% in the second quarter (July-September) surpassing analyst and Reserve Bank's MPC expectations but slowing as compared to the previous quarter data released by the National Statistical Office (NSO)
BSE Listed Firms Cross $4 Trillion In Market Capitalisation
India's mid-cap gains this year are propelled by gains in the broader market mid- and small-cap stocks. Stocks outside the top-100 now contribute 40 per cent to the country's market cap, up from 35 per cent during the start of this financial year
Indian Rupee Among Best Performing Currencies In The World This Year
While we usually mourn about the rupee's fall, mostly because of how expensive it becomes to travel or pay for overseas education, it is worth noting that it has lost less than 1% of its value against the dollar this year
S&P Hikes GDP Projections For India From 6% To 6.4%
According to S&P, fixed investment in India has recovered more than private consumer spending. However, the agency's projection is lower than the central bank's 6.5 per cent.
Industrial Stocks In India Record $125 Billion Rally
The S&P BSE Industrials Index - a gauge that includes makers of bridges, helicopters and wind turbines - has surged almost 54% this year, boosting the combined market value of its 214 members by about $125 billion
Foreign Portfolio Investment Levels In India Hit A 10 Year Low
ICICI Securities has put out a note arguing that the decadal-low FPI equity holdings are ironic given Indian fundamentals are approaching their historical best, including favourable cycles in terms of corporate profits, investment rate and tax buoyancy
RBI Governor Says NBFCs Must Reduce Dependence On Banks
India's central bank Governor Shaktikanta Das warned banks to undertake stress tests and said all forms of "exuberance" should be avoided, days after imposing curbs on some lending
Strong Jewellery Demand Drives Titan Stock To All Time High
Watch and jewellery company Titan Co.'s market capitalisation crossed the Rs 3 lakh crore mark as its shares hit an all-time high on Tuesday, reflecting strong overall consumer demand and for jewellery
Goldman Sachs: India GDP Growth Will Slow With General Elections Next Year
India's real GDP growth will decline marginally to 6.3 per cent in 2024 from the 6.4 per cent estimated for 2023, investment bank Goldman Sachs said on Monday, also pointing to political uncertainty being the main domestic risk
Personal Loans Will Get Expensive, Will That Solve The Problem?
The RBI is cracking down and increasing risk-weights on banks' unsecured personal loans and consumer durable loans from 100% to 125%, and risk-weights on credit cards have been increased from 125% to 150%
















