Category: Uncategorized

TVS#39; exports grew by 22 percent, increasing to 69,343 units in January

The Nifty scaled a fresh record high of 22,080.20 after the air cleared around two major events — the Interim Budget and the US Federal Reserve#39;s monetary policy meeting

The Nifty scaled a record high of 21812.00 after the air cleared around two major events — the Interim Budget and the US Federal Reserve#39;s monetary policy meeting.

Wipro has the highest number of #39;sell#39; calls from brokerages, at 22. It has 10 #39;buy#39; and 12 #39;hold#39; calls. Tech Mahindra follows with 17 #39;sell#39;, 14 #39;buy#39;, and 12 #39;hold#39; ratings. Next is LTIMindtree, which has 17 sells, 13 buys, and 12 holds.

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