Moneycontrol Pro Panorama | Markets resonate RBI Governor Das#39;s optimism on December 8, 2023 at 9:50 am

In this edition of Moneycontrol Pro Panorama: Cyclone Michaung exposes threat of climate change, make hay while the sun shines, ethanol U-turn a big let down for sugar mills, as airlines struggle fliers feel the pinch, and more

China: Yuan is finally showing some muscle in international trade on December 8, 2023 at 9:52 am

Ignoring the yuan’s rise because of China#39;s recent economic troubles might be a mistake. Thanks to the country’s cumbersome capital controls, sending cash out of China has always been problematic and unpredictable. But that is poised to change now as the country takes small steps towards full capital account convertibility

Upward revision in RBI#39;s GDP growth forecast very well placed: Economic Affairs Secretary Ajay Seth on December 8, 2023 at 10:03 am

The RBI in its bi-monthly policy review revised upward growth projection for the current fiscal to 7 percent, from 6.5 percent earlier.

The great awakening: HDFC Bank shows cup and handle pattern breakout after 2 years of consolidation on December 8, 2023 at 10:02 am

Analyst suggests buying and accumulating the stock for an upside target of 2100–2300 levels for the medium to short-term time frame.

The Reading List: December 8, 2023 on December 8, 2023 at 10:15 am

A selection of articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams

Max Healthcare to acquire 550-bedded Sahara Hospital Lucknow for Rs 125 crore on December 8, 2023 at 10:21 am

The hospital currently serves ~2 lakh patients every year and has a renowned centre of excellence for Neurosciences

Govt further tightens stock limits on wheat to curb hoarding, check prices on December 8, 2023 at 9:15 am

Briefing media, Food Secretary Sanjeev Chopra said the stock limit has been reduced to 1,000 tonnes from the existing 2,000 tonnes for traders/wholesalers.

India working to prevent disruption of ethanol supplies for gasoline blending on December 8, 2023 at 9:07 am

The government will now rely on maize for ethanol production to meet gasoline blending goals, Food Secretary Sanjeev Chopra told a media briefing, adding that schemes are being worked out to boost production of maize.

Govt further tightens stock limits on wheat to curb hoarding, check prices on December 8, 2023 at 9:15 am

Briefing media, Food Secretary Sanjeev Chopra said the stock limit has been reduced to 1,000 tonnes from the existing 2,000 tonnes for traders/wholesalers.

Govt ready to offload extra 2.5 million tons of FCI wheat under OMSS in January-March: Food Secretary on December 8, 2023 at 9:20 am

In May this year, the Food Corporation of India (FCI), the government#39;s nodal agency for procurement and distribution of grains, was given a mandate to sell wheat from the central pool to bulk consumers through an e-auction under OMSS throughout the fiscal except during procurement period in wheat growing states.