Bernstein Research has downgraded the Indian stock market from ‘neutral’ to ‘underweight,’ indicating that they believe it is “quite vulnerable” in the near term. This […]
Tag: India
India’s Trade Deficit Narrows to $20.8B in September: Exports at $34.58B, Imports at $55.36B, Gold Imports Rise to $4.39B
India’s trade deficit decreased to $20.8 billion in September, the lowest in five months, down from $29.7 billion in August. This was due to a […]
Macquarie Predicts 5-7% Drop in Indian Markets Amid Rs 62,126 Crore Sell-off by Foreign Investors
Macquarie Capital, believes that Indian markets might drop by 5-7% soon. This decline is driven by foreign institutional investors (FIIs) selling off their shares to […]
23% Rise in Housing Prices: 29% Increase in Delhi-NCR and the Current State of India’s Real Estate Market
Homebuyers in India are finding it hard because housing prices in big cities have gone up a lot. A report from Anarock, a real estate […]
China’s Test Launch of Intercontinental Ballistic Missile Raises Concerns
China recently conducted a test launch of an intercontinental ballistic missile (ICBM), believed to be the DF-41, its longest-range missile with a potential travel distance […]
Govt to Begin FY26 Budget Preparations from October, Focus on Growth and Jobs
The Finance Ministry is set to begin preparations for the Union Budget 2025-26 starting in the second week of October 2024. This budget is expected […]
SEBI Allows Mutual Funds to Sell Credit Default Swaps, Enhancing Liquidity in Corporate Bond Market
The Securities and Exchange Board of India (SEBI) has recently permitted mutual funds to sell credit default swaps (CDS), under specific conditions, in a move […]
Adani Wilmar May Sell 13% Stake in October: Report
According to a Bloomberg report, Adani Enterprises and Wilmar International may soon begin selling their stake in Adani Wilmar. Sources indicate that this sale is […]
Brazil-India Ethanol Partnership: A Game-Changer in Sustainable Energy
In a groundbreaking move, Brazil, a global leader in ethanol production, has pledged to share its expertise and cutting-edge technology with India, aligning with the […]
India Extends Anti-Subsidy Duty on Chinese Pesticide Chemical ‘Atrazine Technical’ for Five More Years to Protect Domestic Industry
India has extended the anti-subsidy duty on imports of a Chinese chemical, Atrazine Technical, used in pesticides for another five years. This move is aimed […]
Paytm Changes Business Strategy: Profit Before Tax to be New Benchmark for Profitability
Paytm’s founder, Vijay Shekhar Sharma, announced that the company is shifting its business strategy focus. Speaking at Paytm’s 24th Annual General Meeting (AGM) on Thursday, […]
India Extends Anti-Subsidy Duty on Steel Imports from China and Vietnam
India’s Ministry of Finance has announced an extension of the anti-subsidy duty on welded steel pipes and tubes imported from China and Vietnam for another […]