Posts in category Economic Times
Elon Musk wins back his huge Tesla payday in shareholder vote (14-06-2024)
Tesla shareholders voted to reinstate CEO Elon Musk's $44.9 billion pay package, previously rejected by a Delaware judge. The package remains tied up in court as Tesla appeals the decision.
Asian stocks slide, yen wobbles ahead of BOJ verdict (14-06-2024)
Asian stocks fell as investors reacted to U.S. rate outlook post Federal Reserve's tempered views. Yen was shaky ahead of Bank of Japan meeting.
Services export boom is most unheralded story of India in last five years: S Naren (14-06-2024)
And I do not like to name companies, but most of the financial services companies in the world are dependent on their Indian global competency centres to do all kinds of work for them and that is the biggest positive that has happened and due credit to India for having achieved it over the last five years because 10 years back we had IT services companies, we did not have GCCs of the scale.
What does the earnings growth outlook look like for next year? Sahil Kapoor answers (14-06-2024)
Very few countries have been able to do it and our data tells us that no more than two to three countries have been able to deliver 5% to 6% real returns even for investors who have been the most disciplined.
5 stocks Sandip Sabharwal is bullish on from infra sector (14-06-2024)
I would be quite bullish on the sugar stock, especially those which have a sugar plus ethanol story going for them. And the other companies which also have a power story, but not to a very great extent. So main issue ethanol and the government statements post elections and government formation have been extremely constructive from the ethanol side.
Market poised for uptrend with phases of consolidation: Sudip Bandyopadhyay (14-06-2024)
So, once the tractor volume starts picking up, we will see further upside in M&M. The company has done fantastic early well as far as the SUV business is concerned. They have done well in other smaller segments as well, including farm equipments. But performance in tractors was promising and that will be icing on the cake as and when it happens.
Oil prices on track for weekly gain on solid demand outlook (14-06-2024)
Oil prices fell on Friday, with Brent crude futures down 0.87% to $82.04 a barrel and West Texas Intermediate losing 1% to $77.84. OPEC+ decision to unwind output cuts after September also impacted the market.
Dollar gains on hawkish Fed, even as inflation cools (14-06-2024)
The dollar strengthened despite weak U.S. producer price data for May, following a hawkish Federal Reserve meeting. U.S. producer prices fell unexpectedly in May, with core prices remaining flat. The Federal Reserve's stance on interest rates also influenced the dollar's performance.