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The flash Purchasing Managers#39; Index for any given month will be released approximately one week in advance of the final number.

Some volatility was seen during the day as monthly and weekly futures and options (FO) contracts for Nifty were set to expire today. Quarterly earnings showdown of key companies also helped set the mood of the market.

More than 90% of all companies are family companies and a third of companies in SP 500 index have a family element. Yet thanks to a combination of demographics and changing social mores, many family firms now face the ultimate threat to their survival: a shortage of heirs. The best family firms are not just… Continue reading Family companies are experiencing heir loss on January 24, 2024 at 11:04 am

The crucial response must be to reduce fragilities, manage shocks, plan for risks and understand the fundamental drivers

Mahanagar Gas reported a consolidated net profit of Rs 317.18 crore in the December 2023 quarter, which is 84 percent higher YoY.

Consolidated revenue from operations grew 30 percent YoY to Rs 602 crore in Q3FY24, from Rs 462 crore in the previous fiscal.

The fiscal deficit target for FY25 in the midst of weaker nominal GDP growth and disinvestment shortfall will be below 6 percent, slightly around 5.2-5.5 percent. This fiscal glide path is crucial to reach the 4.5 percent fiscal deficit to GDP by 2025-26

Benchmark indices touched a new all-time high at the start of the week but lost 1.5 percent. The smaller indices, however, continued to outperform, with the Mid-cap index gaining 1.3 percent and touching a new high

The build-own-operate project is part of a 2GW bid issued by the SECI to develop Inter State Transmission System (ISTS)-connected wind-solar hybrid power projects throughout India, a company statement said.

As a small open economy, Hong Kong is vulnerable to financial contagion and capital flights. Since 2009, hot money has flown in to be closer to China, just as it did in the 1990s en route to Southeast Asia. People nowadays question the city’s viability as a financial centre, reminiscent of the prevailing sentiment in… Continue reading China Economy: Hong Kong is facing a repeat of 1998 Asia financial crisis on January 24, 2024 at 4:29 am