News India Caution Persists Despite Positive Economic Signals – Kruthiga V S Recent economic indicators suggest surface-level strength, with retail sales surpassing expectations and the GDP reflecting a robust annual real growth rate of 4.9 percent. While economists shift away from recession expectations, underlying concerns persist. The Federal Reserve’s unwaveringContinue Reading
News India Long-Term Investors Eye Gold on Dhanteras 2023 – Kruthiga V S As gold prices hit an all-time high of Rs 60,579 per 10 grams on November 7, marking a 21% increase from the previous Dhanteras, Indian investors are increasingly considering the yellow metal as an investment. India’s historicalContinue Reading
News India US Federal Reserve to Maintain Interest Rates, Limited Impact Expected on Indian Stock Market – Kruthiga V S The US Federal Reserve is poised to retain its benchmark interest rates in an upcoming decision, with experts anticipating minimal repercussions for the Indian stock market. During the Federal OpenContinue Reading
News India Mamaearth IPO: To Subscribe or Not? Analysts Weigh In – Kruthiga V S The initial public offering (IPO) of Honasa Consumer, the parent company of Mamaearth, the direct-to-consumer (DTC) brand, is set to open for subscription on October 31, 2023. The company raised ₹765 crore from anchor investorsContinue Reading
News India Bitcoin Reaches 18-Month High Amid Growing SEC-Approved ETF Speculation – Kruthiga VS In recent developments, Bitcoin has displayed a significant surge, with its price escalating by 7.87 percent to reach $34,020. This marks its highest value since May 2022. The surge, primarily attributed to the anticipation of anContinue Reading
News India US Emerges as India’s Top Trading Partner During H1 FY24 – Kruthiga V S Despite a decline in exports and imports, the United States has become India’s largest trading partner during the first half of the financial year 2023-24, surpassing China. The government data reflects a decrease inContinue Reading
News India Morgan Stanley Elevates India to ‘Standout Overweight’ Market – Kruthiga V S In a significant development, Morgan Stanley, the Wall Street titan, has upgraded India’s market status to “standout overweight.” This upgrade is attributed to India’s promising economic and earnings growth, along with its robust macroeconomic stability inContinue Reading
News India Infosys Reports 3.1% Increase in Net Profit Amidst Headcount Reduction and Reduced Attrition – Kruthiga V S Infosys has announced a 3.1% year-on-year rise in net profit, even as its headcount decreased for the third consecutive quarter. The attrition rate also narrowed to 14.9% between July and September,Continue Reading
News India Key Pending Bankruptcy Cases Crucial for India’s Credit Market – Kruthiga V S As the Indian Parliament contemplates amendments to the Insolvency and Bankruptcy Code 2016 (IBC), five critical cases await resolution in the Indian Supreme Court, bearing significant implications for the country’s credit market. In-depth analysis ofContinue Reading
News India Zoho CEO Sridhar Vembu Expresses Concerns Over Global Economic Slowdown as September Growth Slows Sridhar Vembu, the CEO of Zoho Corporation, has issued a warning about a potential global economic downturn. Vembu expressed his concerns on Twitter, stating that Zoho experienced a notable slowdown in growth during theContinue Reading
