[ad_1] On Friday, it could register double-digit year-on-year (YoY) growth in revenue for the quarter ended June 30. Despite expectations of a strong quarterly performance, the stock has come under selling pressure of late. The data shows that the stock has lost more than 10 per cent in the last three months. On Thursday, a […]
More pain likely for rupee on India’s trade gap, capital outflows
[ad_1] India’s widening trade gap and capital outflow are posing new risks for the rupee, just as the currency’s fall to a record low adds to the problem of inflation. “India’s external balance is deteriorating,” economists at Goldman Sachs Group Inc wrote in a note on Thursday. citing a setback in terms of trade from […]
Crypto Price Today: Meme Coins trade in green; Solana, Polkadot down up to 8%
[ad_1] New Delhi: The crypto market slipped in the early trading hours on Thursday. Bitcoin Barely above the $20,000 level, the pain in the altcoin was severe. Fears of a slowdown in the global economy and rising inflationary pressures are weighing on the sentiments of the digital token market. Excluding Yunus Said Leo, which gained […]
FPIs: FPIs can now trade in commodity derivatives
[ad_1] MUMBAI: The Board of the Securities and Exchange Board of India on Wednesday approvedFPI) to participate in exchange-traded commodity derivatives Market, “Participation of FPIs in Exchange Trade” commodity derivatives It is expected to enhance liquidity and market depth as well as promote efficient price discovery.” SEBI said in a release after the board meeting. […]
Stock market trading: ETMarkets Trade Talk: How a lucky mistake made Vishal Mehta indomitable on D-Street
[ad_1] The stock market has been fascinating people from all walks of life. It’s not a one-way escalator. Everyone doesn’t hit the jackpot, nor does everyone become bankrupt! Winners are those who know when to go all in, and when to fold. While stock prices change constantly based on news and market buzz, traders are […]
Market may trade in a range, but FIIs are seen selling in India
[ad_1] New Delhi: In the absence of any major trigger on the domestic or global front, say analysts, Dalal Street is expected to see range-bound trading this week. “Although Market As per broking house ICICI Direct, it is going up, looks like it is running out of steam as the indices are still moving in […]
Russia, Europe eye India’s trade route
[ad_1] The Russo-Ukraine war and tighter sanctions on Russia by the West have provided more opportunities for India’s businesses than ever before. Defense production and maintenance, shipbuilding and oil refining are three sectors where Indian companies are already beneficiaries or at least have received inquiries from potential importers. India’s petroleum products exports, which rose 161% […]
Free Trade Agreement: India, EU to resume FTA talks from June 27
[ad_1] Sources told FE that after a hiatus of nearly nine years, India and the EU will resume much-awaited talks for a proposed free trade agreement (FTA) from June 27, as both sides eye a deal by the next fiscal year. Huh. Ahead of the talks, Commerce and Industry Minister Piyush Goyal is likely to […]
Electronics trade deficit reaches record $56 billion in FY12
[ad_1] The trade deficit in electronics widened to a record $56 billion in fiscal 2012, as both imports and exports hit fresh peaks, adding to the pressure on the country’s current account at a time when rising oil prices had already hit the import bill. is extended. After oil and petroleum products, electronics remains the […]
The possibility of weakening of the rupee due to the strengthening of the dollar, risk aversion in the markets; USDINR pair to trade in this range
[ad_1] Indian Rupee There is a possibility of depreciation on Thursday amid strengthening dollar, risk aversion in domestic, global markets. “The rupee is likely to open the day near the sticky levels of 77.60 and another narrow day is expected between 77.45 to 77.80,” experts said. The rupee had recovered from its record low against […]