Volatility returned in Indian stock markets after a smooth rally at the start of April month. The current volatility is primarily driven by Foreign Institutional Investor (FII) selling activity. Despite inflows in the primary markets, secondary markets have experienced significant sell-offs
Tesla cut the US prices of its Model Y, Model X and Model S vehicles by USD 2,000 each this week, days after the first-quarter deliveries of the automaker missed market expectations, reported Reuters.
Delhi's Tis Hazari Court recently passed an order disentitling a woman from getting maintenance from her husband because she has a dual MBA and good earnings.
Indian stock indices started Tuesday's trade in the green and hit their fresh highs, extending positive momentum from gains from the previous session and last week, the first week of the new financial year that started on April 1.
Indian stock indices started Monday's trade in the green and hit their fresh highs, extending positive momentum from gains it recorded in the first week of the new financial year that started on April 1.
The funds were sourced from their household budgets, earnings from agricultural activities, goat rearing, and even a day's wage earned by their husbands.
According to a report by Jefferies, with an estimated domestic defense opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR) from FY23 to FY30.
In a filing provided to the Hong Kong stock exchange on Thursday, the company said it needed more time to collect information due to the complexity of the work required amid its debt restructuring.
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from the current cyclical peak of 3.6 per cent in the nine months of the financial year ending March 2024 (9MFY24), the sector's earnings resilience will persist.
Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.