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The Reserve Bank of India (RBI) is likely to go slower than it has over the past few months in hiking interest rates, according to a survey of economists. Easing inflation expectations both in India and abroad, indications of slower rate hik
Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 PRESTIGE BUY 508 486
Electricity demand in the country, a barometer of economic activity in the country, saw its growth rate pegged at a little more than 12% last month over the year-ago period. This comes after softer demand that actually declined marginally the previou
Odisha, it seems, is the new Gujarat. The state has been receiving investment offers from India’s top industrial groups for setting up big ticket projects. How much money has been pledged by investors so far? Citing the Odisha governmen
India has been known to be a country of savers, and has traditionally had one of the highest saving rates among large economies, comparable to China. But new data with the Reserve Bank of India (RBI) shows that the country’s household debt
The Indian stock market, which broke out with top indices touching a new all-time high this week, is taking a breather on Friday. While many pundits feel a correction is imminent, others believe a short-term correction would only provide the base for
I am 25. And I know a lot like A LOT of people that are getting married this season. I am guessing, it is the same for you as well, because we have around 32 lakh weddings between Nov 22 - Feb 23. It is estimated that a whopping
Economic cycles often make or mar the fortunes of business houses in India. One wrong move—a bullish bet when the macroeconomic environment is veering towards a downturn or overleveraging in hopes that an accommodative credit cycle will continue fo
India's factory activity expanded at its fastest pace in three months in November, a private survey showed on Thursday, indicating strong demand despite worsening global economic conditions as input cost inflation fell to a two-year low. The Manuf
India’s stock markets may be scaling new heights but the country’s unemployment rate is also on the rise. India's unemployment rate rose to 8.0% in November, the highest level in three months, from 7.77% in the previous month, data from
The Reserve Bank of India (RBI) has begun the pilot on the retail portion of the central bank digital currency (CBDC), or e-rupee as it would be called. What exactly is the e-rupee? Digital Rupee, or e-rupee, is a form of digital token th
Gold Price Today vs. Gold Price Yesterday The most popular gold rate for trading and futures purposes is normally the 24-carat gold with higher purity. Hence, when we talk of gold price today in the case of financial markets it refers to 24-carat
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