Foreign investors have sold over $13 billion of Indian equities since October. CLSA and Citi are taking opposite stances on Indian equities. CLSA reversed its tactical overweight on China while raising exposure to India, saying the South Asian nation is least likely to feel the heat from potentially higher tariffs when Donald Trump takes office…
Technical perspective indicates a downward short-term trend, with potential for recovery above 23,500. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened flat in trade on Monday. While BSE Sensex was near 77,600, Nifty50 was below 23,550. At 9:19 AM, BSE Sensex was trading at 77,589.93, up 10 points…
NEW DELHI: FM Nirmala Sitharaman, a frequent user of social media, on Sunday took to X to respond to a user’s suggestion seeking relief for the middle class.“I recognise and appreciate your concern. PM @narendramodi ‘s govt is a responsive govt. Listens and attends to people’s voices. Thanks once again for your understanding. Your input…
India voiced strong concerns regarding developed nations’ reluctance to engage meaningfully in discussions about supporting climate initiatives in developing countries at the COP29 conference in Baku while highlighting that addressing climate change requires substantial financial and technological assistance.India, during the Mitigation Work Programme’s closing plenary on Saturday, highlighted how developed nations, despite their historical responsibility…
Municipal corporations need to impose adequate user charges for essential services like water supply and sanitation, to boost non-tax revenues and provide quality public services, according to a Reserve Bank of India (RBI) report. The ‘Report on Municipal Finances’ delves into the fiscal position of 232 municipal corporations (MCs) from 2019-20 to 2023-24 (Budget Estimates),…
Tomato retail prices have dropped by more than 22 per cent to Rs 52.35 per kg as of November 14, 2024, primarily due to robust supply, according to a statement released by the Department of Consumer Affairs on Sunday.Additionally, the all-India average retail price of tomatoes has decreased by 22.4 per cent in a month,…
Fast food giant McDonald’s is investing $100 million to bring back customers after an E. coli outbreak linked to onions in its Quarter Pounder hamburgers. The investment includes $65 million allocated directly to the franchises most affected by the outbreak, the company stated.The US Centers for Disease Control and Prevention had earlier stated that slivered…
NEW DELHI: Delhi-NCR ranks as the sixth costliest office location in the Asia Pacific region, with average monthly rentals of Rs 340 per sq ft, whilst Mumbai holds the eighth position, according to Knight Frank India‘s latest Asia-Pacific Prime Office Rental Index for Q3. Hong Kong SAR maintains its position as the region’s most expensive…
NEW DELHI: Rolled steel products manufacturer Aditya Ultra Steel Ltd has reported a net profit of Rs 5.87 crore for April-September period of 2024-25 and also announced setting up a 5 MW solar plant at Rajkot in Gujarat. The company in a statement on Saturday said its revenue from operations stood at Rs 312.39 crore…
A recent report released by Deutsche Bank revealed that Indian equity markets have outperformed China’s equity markets since 2000.The report noted that, despite China’s rapid economic growth, its equity market performance has been comparatively average, with real returns averaging just 4.0 percent per annum.India, on the other hand, has emerged as a leader among both…
