On 8th April, the Reserve Bank of India (RBI) announced the Monetary Policy. The six-member Monetary Policy Committee (MPC) voted unanimously to keep the repo rate unchanged at 4 percent. MPC committee keeps the reverse repo rate unchanged at 3.35 pe

Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes. Such

In a landmark deal, Brookfield of Canada and Bharti Enterprises have entered into a joint venture to jointly develop 4 properties of Bharti Enterprises. These properties will include the Worldmark Aerocity in Delhi, the Worldmark 65 and the Air

GHCL (formerly Gujarat Heavy Chemicals Ltd) completed the divestment of its Home Textile business to one of India’s leading manufacturer and exporter of home textiles; Indo Count Industries. The total consideration for the deal is Rs.609 crore.

With rising inflation and major geopolitical risk for Indian economy, most of the rating agencies and global brokerage have been downsizing India’s growth numbers. The latest estimate has come from industry body, FICCI, which has pegged Indian medi

Much before the start of March 2022, Minister of Commerce and Industry, Piyush Goyal, had claimed that India would cross the $400 billion exports mark in FY22. Cross, India did and they did in style ending the financial year 2021-22 with $418 billion

Last week, the board of directors of Equitas Holdings Ltd and Equitas Small Finance Bank (SFB) had approved the merger of the two companies. It was to be a unique merger since the holding company would merge into its subsidiary and then the holding c

Do you know what exactly is the current account deficit. It is a combination of the trade deficit and the services surplus plus the impact of inward remittances and outward interest payments. It is an important metrics as a spike in the current ac

Core sector growth for Feb-22 came in sharply higher at 5.8%, but that needs to be taken with a pinch of sale. That is because the corresponding YoY core sector growth was -3.3% in Feb-21 which magnified the impact of core sector growth in the curren

As another fiscal year (FY22) comes to an end, it is time to look back at the top gainers and the losers for the fiscal year. We go by the 365 day returns calculated by the NSE. Top gainers in Nifty The Nifty overall gained 18.88% on a YoY&nb

Citigroup completed the sale of its Indian consumer banking businesses to Axis Bank for Rs.12,325 crore. This is part of Citigroup’s plan to exit consumer banking business across 13 markets, including India. The consumer banking franchise of Cit

The modern version of the Disinvestment Department, which is now called the Department of Investment and Public Asset Management (DIPAM), is now into monetization. It has just approved the monetisation of a total of 17 properties belonging to two