Subhashree Panda

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RBI Monetary Policy: The MPC Maintains Its 4.5% Inflation Estimate For FY25

With Q2 inflation at 4.4%, Q3 inflation at 4.7%, Q4 inflation at 4.3%, and Q1FY26 inflation at 4.4%, the Reserve Bank of India (RBI) kept its 4.5% inflation forecast for FY2025. Shakti Kanta Das, the governor of the RBI, stated today that the risks are evenly distributed. According to Das, stronger than anticipated inflation caused […]

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Asian Equities Continue Their Wild Ride Downward

Asian stocks increased as the deputy governor of the Bank of Japan reassured investors alarmed by the recent spike in the value of the yen by stating that interest rates won’t be raised if markets remain unsettled. Following the yen’s more than 2% decline versus the dollar, Japanese stocks increased. Shinichi Uchida, the deputy governor

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Textile Stocks Rise On Anticipated Growth In Market Share

In a sluggish market on Tuesday, shares of textile & apparel manufacturers shot higher on hopes that the unrest in Bangladesh, a significant textile exporter, would help the Indian sector. The benefits, according to analysts, might not last long because it’s yet unclear whether domestic businesses will profit from the instability in the neighboring nation.

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Improved Disclosure Guidelines For Offshore Derivative Instruments: Proposed By SEBI

To counter regulatory arbitrage, the market regulator has suggested revisions to the rules regulating foreign portfolio investors (FPIs). It has proposed that segregated portfolios of FPIs and subscribers to offshore derivative instruments (ODIs) be subject to increased disclosure standards by means of the August 2023 circular. Investments Made Through ODIs The Securities and Exchange Board

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Indian FMCG Companies Are Unlikely To Be Impacted By Political Unrest

For years, Indian consumer products companies have been operating in Bangladesh, Sri Lanka, and Nepal, with few effects from the local instability. Due to its high earnings from Bangladesh, where its subsidiary generates a sizable amount of its international sales, Marico’s shares fell by almost 6%. Impacts on other FMCG companies were less severe. ET

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Following Q2 Results, Uber Technologies’ Stock Rises By More Than 9%

Uber Technologies Inc.’s shares shot up more than 9% on Tuesday on the release of the company’s second-quarter earnings report, which exceeded expectations. Uber Technologies’ stock was trading at $64.15, up $5.66 or 9.69%, at 12:47 p.m. EDT. Uber’s second-quarter results above Wall Street forecasts due to consistent demand for its food delivery and ride-sharing

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July Saw A Record High For The Auto Sector’s Weighting In FPIs’ Portfolio

The Indian auto industry has seen a surge in foreign investment due to greater cost control and robust earnings. The sector’s share of FPI portfolio weighting peaked in July at 8.10%. This fiscal year, profits growth of 15–18% is projected, which would increase the sector’s attractiveness amidst higher overall market valuations.  ET Intelligence Group: With

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Nasdaq And The S&P 500 Close With Significant Gains After A Sell-Off In The World Markets

Following a significant sell-off, investors returned, and the S&P 500 and Nasdaq increased by 1%. Recession worries were allayed by Federal Reserve members’ forceful remarks. Trading expects the upcoming Fed meeting to include rate cuts. While Uber and Caterpillar announced excellent earnings, Nvidia lifted the indexes. In 2024, the Nasdaq is up 9%. Tuesday saw

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When Market Is Fluid, BOJ Won’t Raise Rates, According To The Deputy Governor 

Reducing the likelihood of a short-term increase in borrowing costs, the Bank of Japan’s powerful deputy governor stated on Wednesday that the central bank will not raise interest rates when markets are erratic.  The BOJ’s unexpected interest rate hike last week prompted Governor Kazuo Ueda to make hawkish comments that contrasted with Shinichi Uchida’s statements,

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Among 158 Companies, Godrej Consumer’s Q1 Results Revealed: Read The Details

Up to 158 businesses will release their quarterly financial results on Wednesday, marking the start of the first quarter earnings season. Important outcomes to be aware of are those related to Pidilite, Godrej Consumer, NHPC, BSE, and ABFRL. Companies including Godfrey Phillips, Apollo Tyres, Aadhar Housing Finance, Abbott India, Abans Holdings, Lemon Tree Hotels, Dr.

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