Whether this remains under control in the coming months will depend on the future intensity and spread of the Russia-Ukraine war, and the effectiveness of the Indian government’s response, points out A K Bhattacharya.
Posts tagged Rediff
Why Scotch Whisky Makers Are Worried (13-03-2023)
India is the UK’s second-largest market by volumes for Scotch, importing the equivalent of 136 million bottles, worth and pound;146.2 million, in 2021.
Valuation comfort remains with PSBs despite big gains (13-03-2023)
Despite rising interest rates, and high inflation, the banking sector is doing well, on the back of a recovering economy. The last couple of quarters indicate credit demand is picking up and Return on Assets (RoA) is more than acceptable at the moment. The PSU bank pack may be more interesting at the moment simply due to being valued at far lower multiples than the private banks.
Covid: Employment Shows Lingering Effects (13-03-2023)
The unemployment rate is higher among urban women as was the case before the pandemic.
Yes Bank stocks may face mass selling on Monday (12-03-2023)
Shares of Yes Bank may face selling pressure as the Reserve Bank-mandated three-year lock-in period for individual investors and exchange-traded funds is ending on Monday, according to analysts. The analysts expect distress on the bank counter on Monday as they expect investors, primarily the nine banks led by State Bank, which picked up almost 49 per cent of its stocks in March 2020 for Rs 10 per share — at a premium of Rs 8 on the face value as part of the RBI bailout, making an exit. Exchange-traded funds are also likely to press the exit button.
In ChatGPT shadow, India ready for aggressive AI play (11-03-2023)
The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.
In ChatGPT shadow, India ready for aggressive AI play (11-03-2023)
The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.
Industrial production growth perks up slightly to 5.2% (10-03-2023)
India’s industrial production growth perked up slightly to 5.2 per cent in January from 4.7 per cent in December 2022, mainly due to good performance of the power, mining and manufacturing sectors, according to official data released on Friday. There was an improvement on an annual as well as sequential basis. The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at two per cent in January 2022.
Investors poorer by Rs 1.36 lakh cr amid sell-off (10-03-2023)
Investors became poorer by Rs 1.36 lakh crore on Friday as the markets witnessed a sell-off amid weak global trends. Benchmark stock indices Sensex tanked 671.15 points or 1.12 per cent to close at 59,135.13, as 21 of its scrips declined. The sharp decline in equities eroded Rs 1,36,037.96 crore from the market capitalisation of BSE-listed firms and that now stands at Rs 2,62,94,723.65 crore.
‘We are exploring setting up an aerotropolis’ (10-03-2023)
‘We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.’