Daily Newsletter

Daily Newsletter
27 October 2022
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 59543.96 (-287.70) NIFTY 17656.35 (-74.40) GOLD (MCX 10 GM) 50683.00 (50.00) SILVER (MCX 1 KG) 58175.00 (120.00) USD ($) / INR(Rs) 82.66 (-0.19)
Front Page Years after Bt cotton, GEAC clears environmental release of GM mustard First crop to get such recommendation since Bt cotton in years, say experts Centre plans to provide legal power to CCI ahead of merger with NAA The proposed amendments will require the GST Council's approval Passenger vehicle makers cheer as sales jump in month-long festival season Deliveries of market leader Maruti Suzuki India rose to 190,000 units compared to 130,000 units last year Earth on track to warm above 2C despite climate action, claims report Despite some progress in the last year, governments need to do more by 2030 to ensure that the global temperature increase is below 2C and ... Spat over format of Andhra Pradesh's capital city rattles global investors The three-capital plan proposed by the YSR Congress implies a significant shrinkage of the Amaravati project. Better for Indian policymakers to understand what makes oil prices move India imports more than 85% of its crude, half of its gas, and 60% of the cooking fuel, and any uptick in rates reduces the purchasing power of ... After a good ride, tide turns for low-cost CASA in September quarter The share of CASA saw a slight rise to 56.27 per cent in September 2022 from 56.08 per cent in June 2022 and 53.91 per cent a year ago Private banks' net profit soars on healthy loan growth, higher margins NIMs expanded as banks hiked rates on lending faster than those on deposits Zee, Sony agree to sell three Hindi channels to address CCI concerns Big Magic, Zee Action and Zee Classic are all part of Zee network; the merging firms have a combined viewership share of 36% in Hindi general ... Kharge vows to bolster UPA as he takes over as Congress President Refers to his own humble beginnings and struggles in maiden speech, dwells on Babasaheb Ambedkar's role in bringing India together
Companies CBI arrests private firm's director Sanjay Kumar Singh in ponzi scam case The CBI has arrested the director of a Durgapur-based company in connection with its probe into a ponzi scam case, a senior official said on ... MoS speaks to Apple after reports of iPhone 14 Pro running out of stock Minister of State For Electronics and IT Rajeev Chandrasekhar on Wednesday said he has spoken to Apple on reports of stores in the national ... USFDA issues import alert on Glenmark Pharma's Baddi manufacturing plant Glenmark Pharmaceuticals on Wednesday said the US health regulator has put its manufacturing plant at Baddi under import alert. The drugs ... Telcos need to install atleast 10K 5G towers per week: Ashwini Vaishnaw Vaishnaw said deadline for receiving comments on draft Telecom bill may be extended to November 10 but not beyond that. » Read More Stories in Companies
Economy & Policy MoS Muraleedharan underscores policy to deepen engagement with Africa Minister of State for External Affairs, V Muraleedharan underscored India's policy to intensify and deepen its engagement with Africa at the ... Govt unveils new policy reforms for satellite communication services The government on Wednesday unveiled new policy reforms for satellite communications services to ease procedures and streamline clearances to ... Musical instruments' exports rise 3.5 times to Rs 172 crore in Apr-Sept The country's musical instruments exports have increased to Rs 172 crore during April-September this fiscal against Rs 49 crore in the same ... Working towards best FTA with 'economic superpower' India: UK's Greg Hands Describing India as an "economic superpower", Britain said on Wednesday that it was working towards the "best" Free Trade Agreement (FTA) that ... » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) Bank of Baroda 148.40 2.81 Bharat Dynamics 994.80 3.26 BSE TOP GAINERS Company Price (Rs) Change (%) Bank of India 56.45 10.15 Multi Comm. Exc. 1494.45 9.10 BSE 52-WEEK LOW Company Price (Rs) Change (%) FSN E-Commerce 1110.60 -2.90 Indian Energy Ex 139.15 2.02 BSE TOP LOSERS Company Price (Rs) Change (%) Laurus Labs 452.90 -5.60 Suzlon Energy 8.41 -4.43 'It will continue to be a rough ride, with few places to shelter' 'It will continue to be a rough ride, with few places to shelter. Geographically and geopolitically the US, despite being in the middle of much ... Financials, IT, FMCG see highest FPI sell-off in first fortnight of October Overseas funds dumped Rs 4,081 crore worth of shares of companies in the financial services sector, while IT shares worth Rs 1,665 crore were ... Gold hits near 2-week high on bets for easing interest rate hikes Gold prices jumped over 1% on Wednesday as the dollar and bond yields weakened amid signs that the US Federal Reserve's aggressive rate hikes ... Similar P/E for cement & IT 'extraordinary': Kotak Institutional Equities Brokerage says IT services firms score over cement on key parameters such as return on average capital employed, free cash flow to Ebitda ratio, ... » Read More Stories in Markets
Opinion CCP Meet: Big Hu, Small Hu and the who's who Here's what we have learnt about China's emerging trajectory and ideology under Xi Jinping from observing the events before and after the Party ... The overvalued rupee: Managing exchange rate volatility and forex reserves Since the 1950s, a cocktail of partisan domestic interests has resulted in the Reserve Bank of India and the Indian government favouring an ... Lift the ban on sugar exports The sector needs an outlet for the surplus stock. Government must allow export; otherwise, the industry will needlessly be pushed into the red Protecting competition The Competition Commission of India's action will open up the Android space » Read More Stories in Opinion
Finance 'Lakshmi-Ganesh on rupee': Can Centre change the look of Indian banknotes? Any decision related to the changes that are made in the design and form of bank notes and coins are governed by the Reserve Bank of India (RBI) ... J&K Bank to complete transfer of Rs 960 cr NPAs to NARCL by October-end Jammu and Kashmir Bank will put up for sale non-performing assets to the tune of Rs 960 crore, as part of its efforts to improve its balance ... Russia's VTB Bank opens 'vostro' account in India for rupee-based trade Russia's No.2 lender VTB said it had opened a special "vostro" account at its Indian branch that would allow for the more active use of Indian ... Ethereum's dominance in global crypto market up 20% after 'Merge' upgrade The dominance of Ethereum, the second largest cryptocurrency after Bitcoin, is up 20 per cent in the global crypto market following the 'Merge', ... » Read More Stories in Finance
Technology Apple devices to support Nintendo's updated retro game controllers: Report Tech giant Apple has added support for Nintendo's updated classic game controllers in its latest updates of Mac, iPhone, iPad, and Apple TV ... India is becoming world's start-up capital: Microsoft India's Sangeeta Bavi Start-ups going through ups and downs is a reflection of the economy and the market, says Bavi Apple confirms use of USB-C charging for iPhones after EU's legislation Apple Executive Greg Joswiak has confirmed that the tech giant will use USB-C charging port for iPhones NFT fever high among Indian celebrities, consumers still catching up The overall value of the NFT market is expected to rise to $231 billion by 2030, says report » Read More Stories in Technology
PF Reduce the behaviour gap with a higher exposure to diversified funds Avoid trying to time entry and exit from funds; hold for at least one complete cycle » Read More Stories in PF
Beyond Business A conversation about economic reform Gautam Chikarmane's book is a politically intrepid look at India's transformation from an economy 'of the small, by the small, for the small' to ... » Read More Stories in Beyond Business
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