Equities have been the most consistent performer among asset classes across various periods in the past decade. The Nifty has returned 14% annualised returns in the previous 10 years, while gold has gained 7.3%. Gold has, however, caught up with the Nifty in both one-year and five-year periods. Although interest rates have spiked in the … Read more
The shares of ITC are hovering around all-time highs with nearly 36% rally so far this year on the back of strong operational performance. Despite a steep rise, Emkay Global sees more steam in the stock, and initiates coverage with a target price of Rs 525. This is an upside of 16% from the current … Read more
It may seem odd to ask this question when the news-flow on India macro is getting better by the day. If one leaves out the mixed signals that are coming on the strength of rural recovery, the rest of the economy seems to be on a meaningful mend. High-frequency indicators like manufacturing and services PMI, … Read more
Alpha Solway is to shut a new plant built to cope with the Covid pandemic, with the loss of 65 jobs. Source link
UK coronavirus cases are rising due to a variant first identified in India that spreads more easily. Source link
A health worker prepares a dose of the COVID-19 vaccine Sputnik V to administer to a beneficiary at a hospital in Kochi. (PTI photo) Coronavirus Third Wave India Live Update, Coronavirus Statistics India Live News: How devastating was the second wave in India? The latest study by the Center for Global Development says that as … Read more