A couple of brokerages see probability of a hike in cigarette tax this coming Budget. The last tax hike was announced three years ago. Nuvama Institutional Equities said that there…
Author: Admin
JMC Projects to turn ex-amalgamation; Welspun Enterprises to go ex-dividend, Pacific Ind ex-rights
Wednesday would see JMC Projects turning ex-amalgamation while shares of Welspun Enterprises going ex-dividend. Jet Freight Logistics and Pacific Industries, on the other hand, would go ex-rights. 5Paisa Capital, Vaxfab…
Wall St ends higher, Powell comments avoid rate policy
U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on…
SGX Nifty flat: Asian markets, dollar movement, Q3 earnings, FPI flows & more
Indian benchmark indices are likely to open flat on Wednesday despite firm cues from global peers. US stocks settled higher overnight while Asian peers were trading up in early trade…
Jindal Steel, Mahindra CIE, CG Power: What should be your trading strategy?
Indian benchmark indices gave up early gains on Tuesday amid concerns over the slowing global economy. The BSE Sensex tanked 632 points, or 1.04 per cent, to settle at 60,115.48.…
Asian shares subdued, dollar steady, focus on US CPI data
Asian equities edged higher on Wednesday, while the dollar steadied as investors braced for US inflation data that will influence the Federal Reserve’s interest rate policy. MSCI’s broadest index of…
‘Crisis is intensifying’: World Bank warns of a global recession in 2023
The World Bank on Tuesday warned of a recession in 2023 and said a sharp, long-lasting slowdown is expected to hit developing countries hard. It said global growth is slowing…
‘A Mercedes on completing 5 years’: Ashneer Grover’s promise to staff in new startup Third Unicorn
BharatPe co-founder Ashneer Grover has announced his new startup Third Unicorn. The former Shark Tank judge shared details about his new venture on LinkedIn and has invited investors and people…
India better positioned to navigate global headwinds: World Bank
India’s economy has demonstrated resilience despite a challenging external environment, the World Bank said on Tuesday. The World Bank has revised its 2022-23 GDP forecast upward from 6.5 per cent in October…
Unacademy fires 40 employees in subsidiary Relevel; to build LinkedIn competitor NextLevel
Edtech unicorn Unacademy is conducting another round of layoffs as its upskilling platform Relevel is moving away from education business to focus on products pivoting around exam tests and the…