Sustainable recovery unlikely; short these five stocks are current levels: Ravi Singh, ShareIndia

The BSE Sensex lost about 3,000 points to close at 51,360, whereas the Nifty50 index plunged close to 990 points to settle below the 15,300 mark during the week. Both indices are a little shy of entering the bear zone. According to the market experts, the aggressive rate hikes by the US Federal Reserve and … Read more

Parag Parikh Flexi Cap Fund picks up another anti-ESG stock

After , Parag Parikh Flexi Cap Fund (PPFAS) has picked up another anti-ESG bet — . According to its latest disclosure dated May 31, the mutual fund scheme owned 19 lakh shares of Coal India. The popular mutual fund scheme, which has assets under management (AUM) worth over Rs 22,000 crore, is run by veteran … Read more

India in touch with Turkish authorities on wheat consignment rejection: Food Secretary

Amid reports of Turkey rejecting an Indian wheat consignment on quality concerns, Food Secretary Sudhanshu Pandey on Thursday said the government has sought details from the Turkish authorities on the matter as the concerned exporter has claimed that the shipment of 60,000 tonnes had all the required clearances. Meanwhile, after India banned wheat exports on … Read more

Govt mulls extending April GST payment deadline; asks Infosys to fix glitch on portal

As taxpayers face technical glitch on the GST portal, the government on Tuesday said it is considering extending the April tax payment deadline and has directed for early resolution of the problem. The Central Board of Indirect Taxes and Customs (CBIC) said a technical glitch has been reported by Infosys in generation of April 2022 … Read more

Axis Bank | Mutual Fund | ITC | Market Movers : Axis Bank gets a shocker from its mutual fund arm; ITC sees buying

NEW DELHI: Axis Bank shares were under heavy selling pressure on Friday amid rumours of a scam in its subsidiary Axis Mutual Fund. The stock plummeted over 4 per cent on BSE. Media reports said the mutual fund arm of the lender removed Viresh Joshi, head trader and fund manager, from the fund management team … Read more

Sustainable cooking: ITC chef explains how sustainability, economy and food innovation can go hand-in-hand

Sustainable cooking: Sustainability is the way forward if we want the Earth to remain habitable for our future generations. More than just being a buzzword, sustainability is immersing itself in different aspects of our lives, be it in fashion, in our everyday living, travelling, and even cooking. While sustainable living and sustainable travel have been … Read more

ITC sees 3-fold rise in India wheat exports to 21 mt in FY23

Pune | New Delhi: ITC, India’s largest wheat exporter, expects a threefold increase in the country’s wheat exports in FY23 and the domestic prices to reign at a higher level round the year. ITC‘s estimate of wheat export is higher than the government and trade estimate by over 40%. ITC is the largest buyer of … Read more

Reliance, SRF among Chakri Lokapriya’s top bets next week

In terms of Reliance, I think it will clearly continue to do well. IT to an extent, yes it has already had a fairly good rally but again as we go closer to IT companies reporting in less than a couple of weeks that the expectations will kind of pick up given that Accenture has … Read more