Vinay Rajani expects Nifty to test all-time high; recommends these 2 stocks

The Nifty closed at the highest level since October 18, 2021. November and December months have been good months for equity if we were to go by the historical seasonal performance charts of last 29 years. Near term resistance is seen at an all-time high placed at 18,604 odd level.
#VinayRajani #Nifty #News #Business #Markets


1 weeks ago

Focus is to capture, not halt, carbon emissions: Coal min Pralhad Joshi

The summer months this year witnessed commotion over coal as several states and thermal power plants claimed low supplies. The Ministry of Coal continued to maintain there was enough of it to meet the demand. Pralhad Joshi, Union minister for coal, mines, and parliamentary affairs, in an interview with Shreya Jai, says India’s economic growth needed more coal and minerals.
#PralhadJoshi #BusinessStandardNews #India #News #Science #Enviornment


1 weeks ago

India's exports contract for first time in 2 years; imports moderate

The exports declined 16.65 per cent in October to $29.78 billion, the data released by the commerce department showed. Imports moderated to the lowest level in eight months, growing at 5.7 per cent to $56.69 billion. This resulted in a trade deficit of $26.91 billion, which remained above the $25-billion mark.
#BusinessStandardNews #India #News #Business #Economy


1 weeks ago

Policy transmission disjointed in bond market: RBI deputy governor Patra

Domestic market for securities dampen the transmission of monetary policy, says RBI Deputy Governor. Uneven market liquidity is a key factor, Patra said at the Treasury Heads’ Seminar organised by the at Lonavla on November 12. Patra flagged instances of wild swings in sovereign bond yields in response to factors such as the announcement of the government’s borrowing programme and geopolitical developments.
#Patra #RBI #Lonavla #News #Business #Economy


1 weeks ago

India started intense coal gasification drive to reduce emissions: Joshi

Minister says India is committed towards meeting its obligation on carbon emissions. Coal gasification drive involves public sector units and plantation to reduce emissions. Government is providing Rs 6,000 crore towards viability gap funding for the gasification. Coal India Limited recently signed three separate agreements, one each with three major PSUs.
#Joshi #BusinessStandardNews #India #News #Science #Enviornment


1 weeks ago

Indian IT, business services market grew 7.4% in first half of 2022: Study

India’s IT and market grew 7.4 per cent in the first half of 2022, compared to 6.4% in the same period a year ago. Project-oriented services registered the highest growth rate at 8.1 per cent, followed by managed services at 7.3 per cent.
#BusinessStandardNews #Indian #India #News #Business #Markets


1 weeks ago

India's trade deficit in October widens to $26.91 bn, exports down 17%

The exports contracted by 16.65 per cent to $29.78 billion in October. In October 2021, the exports stood at $35.7 billion. Imports during the month under review increased to $56.69 billion against $61.16 billion in September. In September, India's was recorded at $26.72 billion.
#BusinessStandardNews #India #News #Business #Economy


1 weeks ago

Apollo Tyres surges 6% post Sept quarter result; stock nears record high

Shares of Apollo Tyres hit a multi-year high of Rs 303.40 as it surged 6 per cent on the BSE in Tuesday's intra-day trade. Company reported double digit growth in revenue, and earnings before interest, taxes, depreciation, and amortization (Ebitda) in the September quarter (Q2FY23) Despite adverse environment, it reported 17 per cent YoY increase in revenues.
#ApolloTyres #BSE #News #Health #Healthcare


1 weeks ago

Top US Fed regulator urges Congress to impose regulations on cryptocurrency

Michael Barr, the Fed's vice chair for supervision, said recent events in crypto... Have highlighted the risks to investors and consumers associated with new and novel asset classes and activities when not accompanied by strong guardrails. FTX, the third-largest crypto currency exchange, filed for bankruptcy Friday.
#MichaelBarr #Fed #News #Business #Economy


1 weeks ago

TMS Ep303: Crypto headwinds, Indo-US visa delay, Markets, Greenwashing

FTX, the world’s second biggest crypto exchange, has gone bankrupt. Over 10 lakh crypto investors cannot withdraw their money now. Bitcoin plummeted another 12% in the last five days, after shedding over 70% this past year. Meanwhile, the waiting periods for are expected to ease by mid-2023.
#BusinessStandardNews #Indo #News #Business #Markets


1 weeks ago

Google Health Connect: What is it, how it works, availability and more

Google's Health Connect app allows users to connect various fitness apps to get holistic health insights on a single app. Google said the app would help users centralise the management of all fitness apps. Currently there are over ten health, fitness and wellness apps that are compatible for integration with the platform.
#GoogleHealth #News #Health #Fitness


1 weeks ago

Sri Lanka's Budget for 2023 aims a way out of current economic crisis

Sri Lanka has resumed efforts to integrate with key markets such as India and China in order to expand its market access. President Ranil Wickremesinghe presented Sri Lanka's Budget for 2023 on Monday. He said negotiations are currently in progress with the IMF for a $2.9 billion bailout.
#RanilWickremesinghe #BusinessStandardNews #SriLanka #News #Business #Economy


1 weeks ago

Apollo Tyres Q2 net profit surges 11% to Rs 194 cr on back of robust sales

The tyre major had reported a net profit of Rs 174 crore in the July-September period of the last fiscal. Revenue from operations was up 17 per cent to close at Rs 5,956 crore. In Europe the company's growth was better than the market, Chairman Onkar Kanwar said.
#OnkarKanwar #ApolloTyres #Europe #News #Health #Healthcare


1 weeks ago

Equity MFs book gains in October winners amid Rs 6,300 cr net purchases

Coal India and Coal India were among the most-sold stocks by domestic funds in October. On the other hand, invested the most in IndusInd Bank, (RIL) and Infosys. In October, net bought shares worth Rs 6,300 crore and (FPIs) pumped in Rs 7,600 crore.
#BusinessStandardNews #News #Entertainment #Books


1 weeks ago

India smartphone mkt falls 10% in Q3; Xiaomi, Vivo shipments dip: Study

India’s declined 10 per cent year-on-year (YoY), shipping 43 million units in the third quarter of this financial year. Samsung maintained lead but with shipments declining YoY (-18 per cent) Samsung regained its second slot, but with flat shipments of 8 million and dropped to third.
#Vivo #India #News #Technology #Mobile


1 weeks ago

Internet connection, other digital facilities at all libraries in TN soon

Authorities in Tamil Nadu have announced that 500 libraries across the state will be provided with internet connection, digital facilities as well as the delivery of books to the doorsteps of readers. At present, only the Anna Centenary has a digital option with more than 3,000 books.
#BusinessStandardNews #AnnaCentenary #TamilNadu #News #Technology #Internet


1 weeks ago

Google to release Nest WiFi Pro update next week to fix slow internet speed

Google to roll out software update for the new Nest Wifi Pro early next week to address the slow Internet speeds being experienced by some users. Users reported on the Google Nest community forum about an issue causing capped download and upload speeds ranging from 40Mbps to 90Mbps. Users said their old Nest router, which only supports Wi-Fi 5, outperformed the new device.
#Google #Internet #News #Technology #Internet


1 weeks ago

US can't stop us from purchasing Russian oil: Pakistan minister Ishaq Dar

Pakistan cannot stop from purchasing Russian oil and it will be possible to do so soon, finance minister Ishaq Dar said. Dar made the remarks while addressing the Muslim League - Nawaz (PML-N) workers in Dubai. Dar, during his visit to the US last month, had a meeting with the officials of the US State Department.
#IshaqDar #BusinessStandardNews #Russian #Pakistan #News #Business #Economy


1 weeks ago

Aurobindo Pharma slips 7%, hits over 2-year low on weak Q2 results

Shares of drug maker slipped 7 per cent to hit an over two-year low of Rs 457.20 on the BSE in Monday’s intra-day trade. The stock of the drug maker hit its lowest level since April 2020. The company's consolidated net profit in Q2FY23 came 41 per cent lower on a year-on-year basis at Rs 409 crore.
#AurobindoPharma #BSE #News #Business #Markets


1 weeks ago

Statsguru: From net-zero target to forest cover, India's climate standing

The Global Climate Budget 2022, released at The 2022 Conference or COP27, indicates that will record a higher rise in this year than other major countries. As per the report, India’s carbon dioxide emissions are expected to rise 6 per cent in 2022 compared to last year. The European Union and China, on the other hand, would witness a decline.
#BusinessStandardNews #The2022Conference #India #News #Science #Enviornment


1 weeks ago

Buzzing #HashTags