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It was a surprise to see the dollar moving significantly against Asian currencies even though “the news shouldn’t impact Asia directly and we’re talking about at least two to three degrees of separation. (Reuters photo)The tone in global…
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The brent crude rose nearly 3.5 per cent to surpass level.The global oil prices surged after a US air strike in Iraq killed a top Iranian commander, triggering geopolitical tensions. The brent crude rose nearly 3.5 per cent to surpass…
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The year 2019 marks the seventh consecutive yearly rise in the industry AUM after a drop during the two preceding years.Mutual funds have added a whopping Rs 3.15 lakh crore to their asset base in 2019 on the back of robust inflows in…
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Never before in a period of 10 years had the US recorded a no recession year.The last quarter of the calendar year 2019 emerged as a ray of hope post 6 quarters of gloom. Ground-level macros such as the slowdown in consumption, liquidity…
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A mild recovery was seen in the last hour but the market ends in red territory as Sensex ended more than 300 points off record high.The benchmark equity indices ended lower as global equities turned negative after the US killed a top…
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The bid should be submitted for a minimum lot of 10,00,000 shares in the prescribed format and the last date for submission is January 15, 2020.The country’s largest lender SBIon Friday said it is looking to sell 50 lakh shares…
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The stock remains attractive at ~7.5% FY22e FCF yield.Balkrishna Industries(BIL) has been – and continues to be – one of our highest-conviction ideas in the automobile space. We believe the company provides an attractive risk-reward…
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Indian refineries are encouraged to import crude oil from other sources such as the US, Canada and Mexico. (Reuters photo)The Indian government has discussed measures to reduce dependency on Gulf for meeting its oil demand with the…
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Of India’s total .71 billion shipments in 2018-19, one-third of it went to the Islamic republic i.e, .56 billion worth shipments were exported by Iran alone. The death of Iran’s most powerful military commander could send jitters to…
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The price of latex (60% dry rubber content) was static at Rs 84.50 per kg. At the same time, futures have been a tint rosy in prices at ICEX (Indian Commodity Exchange).Domestic price of rubber stayed firmly flat in the first week of…
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