In a move set to redefine the composition of various indices, the Index Maintenance Sub-Committee (Equity) of NSE Indices Ltd has finalized the replacement of
Category: Economic news
Vote on Account for India has been Presented Today
The “Vote on Account” for India on February 1, 2024, was presented as an interim budget due to the upcoming general elections. Here are some
Expectations About the Union Budget 2024-25
Based on various news reports and expert opinions, here are some of the key expectations for the budget: Overall Focus: Saptarishi: The budget is expected
How will Venezuela’s oil benefit India?
Venezuela’s oil re-entering the market is expected to benefit India in several ways, both economically and strategically. Economic benefits: Diversification of oil imports: Currently, India
Why did HDFC Bank share fall after Q3 results?
The HDFC Bank share price fell significantly after its Q3 results for several reasons, but the two main ones were: Stagnant margins: Investors were disappointed
Q3 Results Announcements for the Week 15 – 20 January, 2024
The coming week (January 15th to 20th) will see more crucial Q3 results announcements, including Reliance Industries, HUL, Ultratech Cement, Asian Paints, LTIMindtree, HDFC Bank,
US CPI Data for December 2023 released on January 11, 2024
The latest US CPI data released on January 11, 2024, shows mixed signals. December 2023: 0.3% increase (month-over-month, seasonally adjusted) Year-over-year (YOY): 3.4% increase, above
The Economic Survey and the Union Budget in India
The Economic Survey and the Union Budget in India are two crucial documents released annually, but they serve different purposes: Economic Survey: What it is:
Summary of the news regarding Infosys and TCS’s Q3 results, as of January 12, 2024
Infosys Revenue: ₹38,821 crore (down 0.4% sequentially, but up 15.4% year-on-year) Net profit: ₹6,106 crore (down 1.7% sequentially, but down 7.3% year-on-year) Deal wins: ₹32,000
PM Modi Inaugurated Atal Setu (Mumbai Trans Harbour Link)
The inauguration of the Atal Setu bridge, formally known as the ‘Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu,’ on Friday, January 12th, 2024, was a
