by News | Oct 12, 2022 | Initiatives
The Indian stock market closed lower for the third consecutive session on Tuesday as global growth concerns rattled indices worldwide. Sensex declined 843 points to end at 57,147. During the day, it tumbled 941 points to 57,050. Nifty fell 257 points to close at...
by News | Oct 11, 2022 | Initiatives
India’s e-retail market rose to approximately $40 billion in 2021 and is slated to reach $50 billion in 2022 India’s e-retail market is estimated to increase to $150 billion–$170 billion by 2027. This implies that 25 per cent–30 per cent annual growth and a doubling...
by News | Oct 10, 2022 | Initiatives
The rupee opened at a record low of 82.64 against the dollar after the US jobs report cemented bets of more large Federal Reserve rate hikes The rupee on Monday opened at a record low of 82.64 against the dollar after the US jobs report cemented bets of larger Federal...
by News | Sep 28, 2022 | Initiatives
India has ruled out any changes to tax policies that will make it easier for the nation’s bonds to be included in global indexes, according to people familiar with the matter. who didn’t want to be identified discussing policy matters. Those taxes have been a...
by News | Sep 23, 2022 | Initiatives
Mumbai: Investors could mount their bets on debt schemes that invest in short-term bonds as tightening liquidity is expected to boost returns on these products. Fund managers are recommending ultra short-term debt schemes, which could return over 6.5% or more if the...
by News | Sep 20, 2022 | Initiatives
The Adani Group, the new owner of Ambuja Cements and its subsidiary ACC, is looking to double the combined cement manufacturing capacity of the two firms by 2030 to 140 million tonnes per year, putting it close on the heels of market leader UltraTech Cement. 70...
