Thursday saw Nestle India announce that its net profit had shrunk by 1.25 percent when looking at its year-on-year earnings. This is evident from the fact that its YoY amounted to INR 602.25 crore in the March 2021 quarter which lies in sharp contrast to its 2022 YoY earnings that amounted to INR 594.71 crore …
On Friday, 25 March 2022, Asian shares geared up for a 2nd consecutive week of profits, although the market was choppy amidst displacements in Chinese economic policies, tight US monetary policies, and commodity market disturbances due to the Ukraine-Russia war. If you are looking for stock market news and updates on Asian markets and shares, …
The surging cost of housing, gas, and food has catapulted to 7.9% inflation in the past year. Since 1982, this has been the sharpest spike and forewarning of further rise of prices. But even before the Russia-Ukraine war accelerated the price hikes, in four decades, the inflation in the United States reached its highest levels. …
Oil prices fell more than 6% on Tuesday, to their lowest level in over three weeks, after Russia said it would enable the Iran nuclear agreement to be revived, and traders were concerned that China’s pandemic lockdowns would stifle demand. For the first time since late February, both Brent and US oil futures benchmarks fell …
India’s Stalling Economy in 2019 India’s GDP growth has decelerated for the last 8 months. However, experts would argue that it’s been slowing down since the middle of 2018. In the April to June quarter of 2019, growth in India’s GDP grew by 5%. This number had been anticipated by experts as India’s economic growth has …
With the evolution of the capital markets, new ideas and strategies are reaching Indian shores. The acceptance of fresh ideas leads to the emergence of new investment strategies, which eventually result in new financial products. The latest idea to gain traction in Indian investing circles is thematic investing. However, thematic investing in India is yet to gain …
The Reuters consensus estimate for GDP growth for the first quarter ended June 2017 was slightly lower at 6.6%. However, the GDP growth for first quarter announced on 31st August was nearly 100 basis points lower than the Reuters consensus. For the quarter ended June 2017, the MOSPI announced India’s annualised GDP growth at 5.7% with …
The IIP for the month of July 2017 was slightly higher at 1.2% compared to the negative growth shown in the month of June. However, manufacturing continued to disappoint. This IIP number was important for a variety of reasons. For the first quarter ended June 2017, the GDP had come at a multi-year low of …
It is natural to look at the Union Budget each year from the point of view of the equity markets. The Sensex and the Nifty have been the barometers of market value and market sentiments and their gyrations best reflect the market interpretation of the Union Budget. If you look back at the last 2 …
Retail CPI inflation for the month of August 2017 came in sharply higher at 3.36%. This is 100 bps higher than the inflation level in July and 190 bps higher than the level in June this year. This was a concern that the RBI had repeatedly expressed through the Monetary Policy Committee (MPC). In fact, …
