The IRS has just updated the federal tax brackets for 2025. Here’s a breakdown of how much tax you owe based on your taxable income, […]
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IMF 2024 Growth Projections Revealed: U.S. at 2.8%, Brazil 3.0%, Germany 0%, China 4.8%, India 7.0% – What It Means
The International Monetary Fund (IMF) has updated its economic growth forecasts for 2024, raising expectations for the U.S., Brazil, and Britain, while lowering them for […]
DII Investment Surpasses ₹4 Lakh Crore in 2024; October Inflows Reach ₹63,981 Crore Amid ₹67,310 Crore FPI Outflows, with Mutual Funds Investing ₹23,300 Crore in Equities and LIC Committing ₹1.3 Lakh Crore for the Fiscal Year
Domestic institutional investors (DIIs) have aggressively bought shares in the stock market, investing over Rs 4,04,593 crore so far this year, hitting a record milestone […]
SEBI New Regulations: Enhanced Disclosure for Asset Management Companies, Restrictions on Investment Advisories, and Concerns Over F&O Trading
The Securities and Exchange Board of India (SEBI) has announced new rules for Asset Management Companies (AMCs). Starting November 1, AMCs will have to publicly […]
Defense Stocks Slide: Mazagon Dock (-8%), Garden Reach (-8%), and Bharat Dynamics (-7%) Face Valuation Concerns; Retail Interest in PSUs Grows Despite Correction
Shares of defense companies, which were once market favorites, experienced another decline on October 22 as broader selling hit the small and mid-cap sectors. Notable […]
China’s Economy Grows 4.6% in Q3 2024: Key Stats on 4.6% GDP Growth, 5.4% Industrial Output, and 10.1% Drop in Property Investment
China’s economy grew at its slowest pace since early 2023 in the third quarter, but consumption and industrial production in September were better than expected. […]
Global Manufacturing PMI Signals Contraction for the Third Month in a Row
In September, the J.P. Morgan Global Manufacturing PMI fell to 48.8, indicating worsening operating conditions for the third consecutive month. This decline was the fastest […]
Ambuja Cements to Acquire 46.8% Stake in Orient Cement for Rs 8,100 Crore, Boosting Annual Capacity by 16.6 Million Tonnes
Ambuja Cements Ltd., owned by the Adani Group, has announced the acquisition of a 46.8% stake in Orient Cement Ltd. The deal values Orient Cement […]
Brokerage Reports: Macquarie & Nomura bullish on Hyundai India, Bajaj Housing, Bajaj Finance, 360 One, City Union Bank, Ultratech, Dr. Lal PathLabs, AU Small Bank
Macquarie on Hyundai India: Macquarie has initiated an Outperform rating with a target price of Rs 2,235. They believe Hyundai India deserves a higher price-to-earnings […]
Goldman Sachs Predicts 3% Annual Return for S&P 500, Down from 13% Over the Last Decade
Goldman Sachs predicts the S&P 500 will see a much lower annual return of just 3% over the next decade, compared to the 13% it […]
Steel Demand Outlook for 2024-2025: Global Demand to Fall by 0.9%, India Projected for 8% Growth While China Faces 3% Decline
The World Steel Association has released an update on the Short Range Outlook (SRO) for steel demand in 2024 and 2025. They predict a 0.9% […]
Brokerage Reports on HDFC Bank, Kotak Bank, IndiaMART, Tata Cons, MCX, Zee, City Gas, RBL Bank, L&T Fin, Oberoi, TechM, Cement Stocks
HDFC Bank (JPM – Neutral, TP Rs 1750): HDFC Bank’s 2nd quarter profit was Rs 168 billion, up 5% year-on-year (ROE: 14.6%), which was 3% […]