Posts in category Business Standard
Foreign investors cut holdings of Indian stocks at fastest pace in months (30-10-2023)
India's benchmark NSE Nifty 50 Index has slipped 3.3% so far this month, faring a little better than the 3.8% decline seen in the broader MSCI Asia Pacific Index
Textile stocks rally up to 9%; Welspun, Indo Count hit fresh 52-week highs (30-10-2023)
Despite a slowdown in demand for various sectors, including textiles, Indian exporters are optimistic about a strong performance in 2023-24
No correlation between market performance, general elections: Axis MF CIO (30-10-2023)
Ashish Gupta, chief investment officer (CIO) for Axis Mutual Fund, said there is no direct correlation between market performance and general elections
Markets may correct 25% if BJP loses in 2024: Chris Wood at BS BFSI Summit (30-10-2023)
He expects the production-linked incentive (PLI) schemes to see renewed momentum if the current government is voted back to power in 2024
WTO member nations need to discuss crypto under e-comm negotiations: GTRI (30-10-2023)
The member countries of WTO (World Trade Organisation) should include issues pertaining to crypto currency while negotiating any agreement on the e-commerce sector, think tank GTRI said on Monday.
As the crypto market garners increasing global attention, its classification under the WTO e-commerce framework remains ambiguous, Global Trade Research Initiative (GTRI) said.
It added that the debate should pivot on whether exchanges of crypto-currency fall under 'electronic transmissions' in the e-commerce scope.
"With the multifaceted dynamics of the e-commerce landscape, the outcomes of the ongoing WTO negotiations hold significant implications for global digital trade.
"The inclusion or exclusion of crypto-currencies and the diverse positions of influential nations will shape the future of international e-commerce policies," GTRI Co-Founder Ajay Srivastava said.
At present, the WTO members are holding two-pronged e-commerce negotiations (joint initiative and e-commerce moratorium)
RateGain hits new high on strong Q2 results; zooms over 100% in 7 months (30-10-2023)
Despite recent macro uncertainty, the management sees growth holding steady across the travel space but will maintain a cautiously optimistic approach keeping an eye on developments across key regions
Mahanagar Gas soars 7% as PAT more-than-doubles in Q2, margins expand (30-10-2023)
Ebitda margin stood at 30.5 per cent in the Q2FY24 as compared to 16.2 per cent in Q2FY23
Stocks to Watch: Reliance, Ultratech Cement, AU SFB, NTPC, Gujarat Gas, MGL (30-10-2023)
Stocks to watch on October 30, 2023: Fincare Small Finance Bank is set to merge with AU Small Finance Bank (AU SFB) in an all-share deal; Gujarat Gas has hiked industrial gas price to Rs 45.6 per scm
Gold jumps by Rs 10, silver unchanged, trading at Rs 74,600 per kg (30-10-2023)
The price of 22-carat gold also rose by Rs 10, with the yellow metal selling at Rs 57,410
Stock Market LIVE: Sensex down 200 pts amid volatility; Reliance up 1% (30-10-2023)
Stock market Update on Monday October 30: In the broader market, the BSE MidCap and SmallCap indices were down 0.4 per cent each.