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Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fundSubahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in buildin...
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
Electrification, renewable energy and data centres growth drivers: HitachiHitachi Energy India is set to inject Rs 2,000 crore into expanding its manufacturing capabilities, driven by the surging demand for power ...
Forget the noise: These 54 smallcap stocks attracted FII buying in March quarterForeign institutional investors are strategically buying into beaten-down smallcap stocks in India, increasing stakes in 54 companies despi...
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...
'Will shield vulnerable sections from price pain, says Finance Minister Nirmala SitharamanFinance Minister Nirmala Sitharaman pledges government support for farmers facing rising costs. She encourages Indian businesses to invest ...
Tell us what you need to invest more: FM Sitharaman to India IncFinance Minister Nirmala Sitharaman pledged government support for farmers facing rising input costs. She urged Indian industry to expand a...
Highest FD rates for senior citizen in 2026: PSU vs private vs small finance banks with best fixed deposit rates on 3-year tenureSenior citizens seeking stable returns and capital safety find fixed deposits a preferred investment. For a 3-year tenure, small finance ba...
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
Mahagun Group raises Rs 225 crore from CSL Finance LimitedMahagun Group has secured Rs 225 crore funding from CSL Finance Limited. This capital infusion will accelerate project execution and ensure...
IDBI Capital upgrades Wipro to 'hold' from 'reduce'Wipro has undoubtedly done a good job in the past 6-7 quarters in client mining (increase in $50 million/$100 million clients).
- Hexaware should be avoided currently: Sonam Udasi, IDBI Capital
It is a cash flow business and there is a re-rating that can happen in midcap.
- Mastek looks attractive for next one year: Sonam Udasi, IDBI Capital
Mastek is consolidating so that could be interesting over the next one year.
- Midcap pharma moves when overall environment is buoyant: Sonam Udasi, IDBI Capital
Midcap pharma stocks tends to be a little volatile in a three year time frame that said in the current buoyant environment.
- There is great interest in exchanges: Sonam Udasi, IDBI Capital
You have also seen what has happened to rating agencies and the kind of re-rating those have got.
- Metals do not make sense as it tend to be volatile: Sonam Udasi, IDBI Capital
Broad sectors that investors need to look at are banking, autos where really decent amount of re-rating can happen and money can be made ov...
- Be in defensives if you want to be in the markets: Sonam Udasi, IDBI Capital
The reason why we have got hit so badly over the last one year is because our growth has tapered off, so we need to see how the reform proc...