The minutes of the Monetary Policy Committee (MPC) meeting on December 06th and 07th culminating in the credit policy announcement had voted in favour of a status quo on rates. According to the minutes released on 21st December, there was complete unanimity among the 6 members of the MPC on the need to maintain status …
On the lines of the WPI inflation which was announced earlier during the day on 15th November, the CPI inflation number which was announced later during the day also came in lower than the October 2015 figure. CPI inflation, which is a measure of retail consumer inflation, came in at 4.20% for October 2016, lower …
Pandemic-related restrictions have impacted the paper and products industry severely. With the closure of educational institutes and the increasing adoption of work from home, there has been a significant drop in paper demand. Accordingly, this affected the prices of paper and paper products, which subsequently impacted the industry’s earnings. Nevertheless, on July 7, paper manufacturing …
Cryptocurrency prices dropped steeply on September 8, on the back of a heightened volatility and a huge sell-off. While Bitcoin fell to $45,000 levels, Ethereum traded at $3,300 levels, both dropping 13.48 and 14.45 per cent, respectively. The cryptocurrency prices, including those of Bitcoin, Dogecoin and Ethereum, have been experiencing a lot of volatility over the …
Star Health and Allied Insurance’s stock price did not meet expectations on its debut. The price reacted sluggishly due to valuation concerns. The initial public offering of Star Health, which was launched on November 30, was subscribed to 79 percent. Most analysts had given a favourable rating to the issue, though they were worried about its …
A Close Look into the Matter According to Refinitiv, India’s investment banking industry has collected Rs. 2,200 crores through a series of big-ticket IPOs. The listing of some of the major Indian unicorns last year has enabled a massive increase in income. The fees that investment bankers collected from IPOs and share sale proceeds in …
The company has achieved its 2030 target this year and has been provided with a 2.8 Water Positive Index, a gold standard in auditing and certification, by Green Carbon Energy & Environment Services (GCEES) for the financial year 2022- 2023. Water shortage is a significant crisis, and solving this is one of the attainments of …
Mention ITC amidst a gathering of stock market enthusiasts and you would most likely find yourself swooped upon by fanboys of the stock touting it as the next big multi-bagger that is all set to deliver stellar returns to its shareholders. To be fair to the FMCG company, ITC has indeed delivered well on that …
Everyone in the market is looking for an opportunity to generate higher returns. Rather we can say, everyone is looking for an opportunity to find a multibagger that can give them an edge and help them achieve their financial goals. And finding a multibagger has got a lot of research work to be done by …
Indian Retail sector has emerged as one of the most dynamic and fast paced sectors. There are various reasons behind the sector witnessing traction. The macro factors like population benefits, policy support and better lifestyle scenario on account of rapid urbanisation are few of those. Apart from that from being an unorganised sector to high …
