Daily Newsletter

Daily Newsletter
14 January 2023
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 60261.18 (303.15) NIFTY 17956.60 (98.40) GOLD (MCX 10 GM) 56299.00 (424.00) SILVER (MCX 1 KG) 69422.00 (779.00) USD ($) / INR(Rs) 81.65 (-0.22)
Front Page Opportunities for India amid global headwinds, says PM Narendra Modi PM Modi underscored 'Nari Shakti' as a key driver of India's growth NCLT allows Kalrock-Jalan consortium to take control of Jet Airways The tribunal also granted the consortium 180 days beyond November 16 to pay the dues to the creditors and employees Adani Enterprises' Rs 20,000-crore FPO likely before Budget 2023 Will be first to issue partly-paid up shares Focus must stay on core inflation, says RBI governor Shaktikanta Das Banks developed culture of prudence; corporate loan demand to pick up Wipro follows IT trend, logs 2.8% rise in Q3 consolidated net profit Top IT players Q3 reports show resilience in strategy, beat macro uncertainty Siva group companies look to settle dues with State Bank of India, others Siva group offers Rs 81 cr to lenders At 3.8 million units, PV sales rev up to highest ever in 2022: Siam Data showed that passenger vehicle sales grew by 23 per cent in 2022 compared to the previous year to touch 3.79 million units Not just EVs, new technologies a big draw at this year's auto expo Innovation ranging from exterior designs of vehicles to EV charger locks grabbed eyeballs at the expo Roadblocks on exit route: GM, Ford struggle with lingering staff problems The two Detroit majors are struggling with lingering employee problems as they seek to drive out of the Indian market Green hydrogen pilot to cover steel, transport and shipping sectors The mission has proposed pilot projects for replacing fossil fuels and fossil fuel-based feedstocks with Green Hydrogen and its derivatives
Companies Tesla cuts vehicle prices in bid to boost flagging demand With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Friday on several versions of its electric vehicles, ... CoC approves 90-day extension for Reliance Capital resolution process Reliance Capital was sent for debt resolution in November 2021 after it defaulted to loans worth Rs 24,000 crore ED alleges France's Pernod violated Delhi city rules to boost market share Pernod Ricard violated the liquor policy of India's capital city by financially supporting retailers who in exchange stocked more of the French ... L&T Finance's Q3 net profit rises 39% on improved margins and fees To accelerate sale of wholesale loan book; Makes one-time provision of Rs 2,687 cr » Read More Stories in Companies
Economy & Policy Himachal Pradesh restores old pension scheme for 136,000 employees The just over a month old Congress government in Himachal Pradesh on Friday fulfilled a key poll promise, with the Cabinet, at its first ... Centre forms panel to review implementation of PM POSHAN scheme in Bengal The joint review mission comprises nutrition experts and officers from the Centre and the state government Need a globalisation which doesn't lead to climate or debt crisis: PM Modi The Prime Minister made these comments in his opening remarks at the concluding session of the virtual "Voice of Global South" summit Nomura sees 75 basis point rate cuts in 2023 as GDP slows in India India's growth is "likely to disappoint at 4.5% in 2023 due to global spillovers, prompting 75 basis point of rate cuts in second half of 2023," ... » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) CG Power & Indu. 308.90 4.82 Jindal Steel 610.05 1.21 BSE TOP GAINERS Company Price (Rs) Change (%) Rallis India 258.05 6.85 Multi Comm. Exc. 1604.15 6.28 BSE 52-WEEK LOW Company Price (Rs) Change (%) Atul 7701.20 0.28 Biocon 252.10 0.80 BSE TOP LOSERS Company Price (Rs) Change (%) L&T Technology 3446.95 -5.32 Varun Beverages 1134.80 -4.42 Gold at over eight-month high on slower US Fed rate-hike prospects Data on Thursday showed that US consumer prices fell for the first time in more than 2-1/2 years in December Cryptos are nothing but gambling, their value only make-believe: RBI Guv On the CBDC being piloted now, he said central banks issued digital currencies are the future of money and its adoption can help save on ... Market regulator Sebi considers allowing sponsor-less mutual funds Issues discussion paper proposing radical changes on ownership structures Sebi mulls allowing PE funds to become sponsor of mutual fund house The Securities and Exchange Board of India (Sebi) has sought comments from the public till January 29 on the proposals » Read More Stories in Markets
Opinion Beyond Joshimath: How not to make the future a repeat of the past Can we have stronger regulatory and associated institutions to ensure environmental protection? If not, the shock effect of Joshimath won't last ... The year's biggest question mark: China Investors have responded well to bits of optimistic news since late October, but no one can be certain that there is money to be made in China Of metals and rare earths There's an obvious need to diversify sources of rare earth minerals but, despite new finds in Sweden, China will remain the go-to supplier for ... ChatGPT vs humans: What it can and cannot accomplish There are limits to what AI chatbots like ChatGPT can do. They will continue to evolve, but there will still be a shadow of uncertainty » Read More Stories in Opinion
Finance Piyush Goyal calls for redoubling efforts at WTO for TRIPS waiver In June last year, members of the WTO agreed to grant a temporary patent waiver for the manufacturing of Covid-19 vaccines for five years Credit growth of scheduled commercial banks tapers off in December Banks extended loans of almost Rs 1.5 trillion during the fortnight ended December 30 » Read More Stories in Finance
Technology Spend by Indians on friendship and dating apps doubles in 2022 The growth in India's spending is far higher than the global average year-on-year (YoY) increase of 12 per cent for this category of apps in ... » Read More Stories in Technology
PF Taxes, incentives, reforms: How to read this year's Budget document What taxpayers, senior citizens and investors should look out for in the Finance Minister's speech » Read More Stories in PF
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