Ashwini Agarwal on why Buffett Indicator of market cap to GDP may not apply to India

Ashwini Agarwal on why Buffett Indicator of market cap to GDP may not apply to India

Ashwini Agarwal, Founder, Demeter Advisors, says the market is kind of ignoring the elections which is always a very dangerous thing to do. You may be right that the market is kind of discounting a good outcome for the BJP and that may or may not happen. So, yes, that is an issue. But, having … Read more

Blue Jet Healthcare IPO, 4 other SME issues to hit the market next week, aiming to raise nearly Rs 1,000 cr

Blue Jet Healthcare IPO, 4 other SME issues to hit the market next week, aiming to raise nearly Rs 1,000 cr

One mainboard IPO of Blue Jet Healthcare and four other SME issues will open for public subscription next week, aiming to raise a cumulative of Rs 938 crore. In the previous week, IRM Energy came up with its public offer to raise around Rs 545 crore. Analysts say they expect a flurry of IPOs in … Read more

MSMEs’ revenues to touch pre-COVID levels: Report

MSMEs’ revenues to touch pre-COVID levels: Report

Nearly all the MSMEs in the country this fiscal would be surpassing the revenues they achieved in the pre-covid level, but their operating profits may be well below the 2019 levels as they are not able to pass on the commodity price increases, said ratings firm Crisil. Almost all the MSMEs are expected to cross … Read more

MSMEs’ revenues to touch pre-COVID levels: Report

MSMEs’ revenues to touch pre-COVID levels: Report

Nearly all the MSMEs in the country this fiscal would be surpassing the revenues they achieved in the pre-covid level, but their operating profits may be well below the 2019 levels as they are not able to pass on the commodity price increases, said ratings firm Crisil. Almost all the MSMEs are expected to cross … Read more

Gradual shift from informal to formal for MSMEs

Gradual shift from informal to formal for MSMEs

There is a huge corpus of work emphasizing the importance of formalization and the persistence of informality in the economy. Representing a major feature of labour markets worldwide, the informal sector consists of activities operating outside the regulatory framework that would potentially add value to tax revenue and the GDP but go unaccounted. A recent … Read more

Bulk drugs SMEs raise concern about Central Government giving only 11% share to MSMEs in second PLI scheme

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The budget allocated to SMEs also is very miniscule with only Rs 1600 Crore in the PLI-I scheme Domestic pharmaceutical Small And Medium Enterprises (SMEs) which manufacture bulk drugs or Active Pharmaceutical Ingredients (APIs) have raised concern that Central Government has given more than 71% share to top few companies and only 11% share to … Read more

Kotak Mahindra Bank Q1 preview: Profit may rise up to 26%, NII growth seen in single digits

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NEW DELHI: is likely to report a 26 per cent year-on-year (YoY) rise in net profit in the June quarter and a single-digit rise in net interest income (NII). Net interest margin (NIM) is seen expanding marginally, while gross non-performing assets are seen at 3.4 per cent. HDFC Institutional Equities is expecting the private lender … Read more