[ad_1] New Delhi: nomura India says it can double from here. March quarter kitchen gas Volumes have improved materially for this logistics firm, with the foreign brokerage saying in its latest note that the commissioning of the 4 million tonne per annum Kandla LPG terminal will lead to volume growth in FY13. The brokerage has […]
Multibagger Stocks: Up over 270% in 2 Years! This Multibagger Sugar Stock Is Still in the Sweet Spot
[ad_1] The focus has been on Chinese stocks ever since the government announced various initiatives to keep the sector’s financial health healthy. The stock has delivered over 270 percent returns to its shareholders over the past two years. It touched a 52-week high of Rs 525.70 on April 8, 2022 and a 52-week low of […]
Forex reserves rose by $3.854 billion to $601.363 billion
[ad_1] Just a month after slipping below the Reserve Bank’s comfort level, India’s forex reserves again hit the $600 billion mark. an increase of $3.6 billion in forex asset Assisted in expanding the total stock of reserves billed as a cushion against global economic odds. foreign exchange reserves for the week ended May 27 were […]
India aims to achieve 60% of capital expenditure target by September to keep inflation at bay
[ad_1] Finance Ministry key is asked basic infrastructure Ministries and departments to expedite projects, setting a target of achieving at least 60% of the FY 2013 capital expenditure budget target by the end of September. North Block wants to step up capital expenditure to support an economy hit by high inflationGeopolitical risk and monetary tightening. […]
Beijing: Beijing to reopen schools and workplaces to curb Covid-19
[ad_1] Beijing Will gradually lift Covid-19 restrictions this week, city officials said on Sunday. After some easing in recent days, the Chinese capital – which reported 19 new infections on Sunday – announced that residents would start returning to work from Monday and that schools would reopen from June 13. China Committed to a zero-covid […]
Bangladesh depot blast: Bangladesh depot allegation, in which at least 49 people were killed
[ad_1] Bangladesh Authorities on Monday accused a container depot operator of not telling firefighters about a chemical stockpile before it exploded with disastrous results, killing at least 49 people – nine of whom were from the fire service. Death toll in horrific explosion after fire at BM container depot Sitakund And sent fireballs into the […]
Palm oil: India’s May palm oil imports hit 7-month high despite Indonesia’s embargo-dealers
[ad_1] of India bribe Exports in May were the highest in seven months and were up 15% in April as the country imposed curbs on Indonesian export By sourcing more commodity from Malaysia, Thailand and Papua New Guinea, five industry officials said. buy more by Indiaworld’s largest importer Vegetable oilSupport may be provided to Malaysian […]
CRR: Banks don’t want liquidity to fall, urge RBI not to carry forward CRR
[ad_1] Indian lenders have requested Reserve Bank of India (RBI)reserve Bank of India) not to increase the cash reserve ratio further (CRR) in the next threshold Monetary policy To ensure uninterrupted credit growth amid a clear reduction in surplus liquidity since early May, two people aware of the representations told ET. The Indian Banks’ Association […]
GST dispute: Center working on GST dispute resolution system
[ad_1] The Finance Ministry is working on a comprehensive mechanism that can resolve Goods and Services Tax (GST) disputes raised by states while avoiding distortions in the tax regime. The mechanism can be further discussed with the states GST The council meeting is expected sometime in June. The scheme includes a Disputes Redressal Bench which […]
RBI: Nifty earnings have weathered the global storm so far, but can RBI rate hike derail the story?
[ad_1] NEW DELHI: When it comes to earnings, Indian corporates have shown their potential in the last quarter, up nearly 14 per cent year-on-year despite the prolonged war in Ukraine, rising commodity prices and global supply disruptions. registered growth. topline growth nifty The level excluding financials was 9.8 percent quarter-on-quarter and 24 percent on an […]