South Korea’s First Vice Foreign Minister Kim Hong-kyun, centre, poses for photos with United States Deputy Secretary of State Kurt Campbell, right, and Japan’s Vice Foreign Minister Masataka Okano during their trilateral meeting at the Foreign Ministry in Seoul Wednesday, Oct. 16, 2024. | Photo Credit: AP The United States, Japan and South Korea on … Read more
The recent milestones of the Nifty50 at 26,000 and Sensex at 85,000 were short-lived as headwinds from the Middle East and the shift of FII funds to cheaper Asian markets weighed on investor sentiment. Over the week, these benchmark indices fell by more than 4%, with a broad-based decline across sectors such as auto, banking, … Read more
Investors in India are shunning stocks that were expected to benefit from Prime Minister Narendra Modi’s re-election, and instead piling into defensive sectors.An index of the so-called Modi stocks, a term coined by CLSA, has climbed only 2% as the prime minister completed his first 100 days in office after winning a third term in … Read more
Children have to sit in veranda of the Koyyathoppu Panchayat Union Elementary School in Athavathur panchayat in Tiruchi district because of shortage of space. | Photo Credit: Special Arrangement The Koyyathoppu Panchayat Union Elementary School in Athavathur Panchayat, a 64-year-old institution, faces significant infrastructure challenges notwithstanding the construction of a new building this year. With … Read more
“I think while the markets are going up, the mood seems to be less elevated across the globe. So, I still think there is some place to go. Just speaking, of course, as a portfolio manager you have to be long and therefore very optimistic, so a little bit of biased stance. But I do … Read more
“One thing you will notice that in India no cement company has ever given any loss to the bank, no haircut. All cement companies have gone at a higher rate than what their debt was. So, it is a very clear that cement buyers are there quite a lot,” says HM Bangur, Chairman, Shree Cement.What … Read more
By Kamesh Shekhar and Kazimi Rizvi Technology has greatly transformed the socio-economic dynamics in India, with significant adoption across various fields such as financial inclusion and healthcare. India’s rising digital footprint has transformed it from an adopter of technology to creating scalable technology that complements the ecosystem. It encompasses various technologies and concepts such as … Read more
Sanjeev Sanyal, Member, PMEAC, says “generally speaking, the economy is in good nick. The game really is not whether the numbers are good now and whether or not we can compound it over 25 years if we want to be a developed country. The real issue is not whether we are generating good numbers now. … Read more
“India is now a growth market. We are coming out of a phase from 2018 to 2022 when the economy was not really growing. Now, with the help of government‘s impetus on infrastructure, on manufacturing, the economy is picking up,” says Aditya Shah, Founder, Hercules Advisors.Typically investors look at stocks that are going to give … Read more
Prime Minister Narendra Modi addresses a public meeting in Raipur on Friday. He inaugurated and laid the foundation stones of eight projects worth around ₹7,600 crore in Chhattisgarh. | Photo Credit: ANI Prime Minister Narendra Modi departed Uttar Pradesh for Telangana early on July 8 after concluding a whirlwind visit during which he took part … Read more