Category: Uncategorized

Bigger and more difficult choices need to be made as a new inflection point emerges in markets

In a post budget commentary, Fitch Ratings Director, Sovereign Ratings, Jeremy Zook said over the next five years, India#39;s government debt-to-GDP ratio would be broadly stable at just above 80 per cent of GDP. This is based on a continued path of gradual deficit reduction, as well as robust nominal growth of around 10.5 per… Continue reading Faster pace of fiscal deficit reduction does not significantly change India#39;s credit profile: Fitch on February 2, 2024 at 5:23 am

NBCC, HUDCO shares their sharp upward on February 2 after FM Nirmala Sitharaman in her Budget speech announced that 2 crore more houses will be taken up in the next five years under PM Awas Yojana (Grameen).

In a post budget interview to PTI TV, Gupta also said the I-T department has set up a demand management centre at Mysuru, Karnataka, which is focusing on disputed pending large tax demands of above Rs 1 crore.

Rating agency Fitch says the interim budget aligns broadly with its expectations, with a slightly faster pace of deficit reduction

for Abbott India, strong demand in the quarter offset the adverse impact of pricing cap on certain drugs

Claymore Investments (Mauritius) Pte Ltd exited the company, selling all of its 1.2 crore equity shares in the Policybazaar parent

In an interview to PTI TV, the Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said the process of privatisation of IDBI Bank is on and once the regulator clearance is obtained, financial bids will be invited.

This is the third consecutive month where the company has been witnessing a decline in monthly sales

State Bank of India tops the chart with mcap of around Rs 5.8 lakh crore followed by Bank of Baroda with mcap of Rs 1.33 lakh crore and Punjab National Bank 1.33 lakh crore. Union Bank of India mcap stands at Rs 1.1 lakh crore.