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RONOJOY MAZUMDAR
Rupee logs best day in two weeks as dollar droops, RBI holds ratesThe Indian rupee recorded its best day in two weeks, gaining 0.1% against the dollar after the Reserve Bank of India kept policy rates unch...
India unveils income tax bonanza a year before electionsThe government will lift the exemption bar to up to 700,000 rupees a year from a previous threshold of 500,000 rupees as it cut the maximum...
Underwriters save another bond auction ahead of RBI policyThe yield on the 6.67% 2050 bond rose two basis points to 6.97%.
Stocks favoured by rich Indians poised to defy market selloffA custom basket of 30 stocks with retail ownership of at least 20%, favoured by wealthy individual investors, has outperformed the Nifty 20...
India needs activist investors to monitor local cos, protect investor interests: SebiThe regulator last month made it mandatory for mutual funds to vote in all resolutions of their investee companies from April 2022.
Rupee is the only Asian currency to gain in a month of sweeping lossesThe rupee has advanced 1.3% in March, boosted by $2.4 billion of overseas purchases of local stocks, including inflows related to initial p...
Sensex's rough ride may continue after Budget, shows historyHistory shows the recent rough ride for Indian stocks will continue after Monday’s Budget.
Covid may boost accuracy of India’s earnings pundits: ICICIThat’s the view from ICICI Securities, which says that consensus one-year forward forecast for earnings-per-share on the Nifty 50 index has...
This large Indian broker sees more profit discontent for stocksIt sees up-tick in stocks as “bear market rally” rather than sustained turnaround.
A ‘massive’ short squeeze is hitting India on quirky bailoutThe lender has almost 62,000 futures outstanding, near a record, shows data.
Anil Ambani stock a multibagger! Scrip zooms 600% in a dream run since Sept 9That’s the longest winning streak since the company’s trading debut in 2009.
Slow grind looms for stocks as demand stalls, says brokerDemand concerns in the economy are now coming to the fore, says Gautam Duggad.
Nippon Life eyes India asset management growth with ESG productsAnil Ambani’s Reliance Group decided to sell off its interest to help meet debt obligations.
Top mutual funds risk regulator wrath on Essel debt deadline pactShares of Zee Entertainment Enterprises Ltd. have steadied since hitting a 5-yr low Monday.
Firms may save $1 billion from buyback tax exemptionMore than 70 companies had announced or completed buybacks totaling $5.2 billion before July 5.
Gold ETFs see highest inflows in over six yearsBenchmark gold futures in Mumbai have jumped 23% this year.
India may have entered ‘Quasi-Recession’ as GDP growth declinesWith growth dipping for two consecutive quarters, India is effectively in a quasi-recession, an economist said.
Contrarian economist sees 35 basis-point rate cutGupta sees inflation reaching 3.3 per cent in May -- well within the RBI’s target range.
Short-debt addiction is a red line for NPA-high IndiaIndian banks are saddled with about $190 billion of soured loans.
India private banking giant sees opportunity in company debtSpreads on corporate bonds over govt bonds are at their highest in nearly five years.