We will not repeat the obvious. What we are way more focused on is the underlying reasons that the Fed, unless they are willing to goose rates to over 8%, will have little impact on the A) Upcoming Commodities Super-Cycle and B) The unique undefinable labor …
Finance Minister Nirmala Sitharaman announced an increase in the income tax rebate limit from Rs 5 lakh to Rs 7 lakh under the new tax regime. She added that while the new tax regime would be the default, taxpayers could opt for the old one. The …
Shares of Infosys Ltd. surged as analysts bet on a potential margin recovery by the next fiscal. “Strong margin performance and incremental levers raise confidence on margin recovery,” said Nomura in its investor note dated Oct. 13. “Falling attrition (-130 bps q-o-q) to 27.1%, ongoing pyramid …
Shares of Wipro NSE 1.11 % plunged as much as 6 per cent and joined the losers pack in Thursday’s trade after reporting a weak set of numbers in the September 2022 quarter. Following a poor performance in the Q2FY23, brokerage firms remain cautious or negative …
Economist Nouriel Roubini, known for his correct prediction of the financial crisis the world faced in 2008, has now warned about a “long and ugly” recession in the across the world that can start at the end of this year and continue well into 2022. He …
Stocks in Asia sank and bond yields were elevated on Wednesday, as investors braced for another aggressive interest rate hike from the U.S. Federal Reserve later in the day. Japan’s Nikkei dropped 1.26% and touched a two-week low. Australia’s benchmark share index slid 1.35% and South …
Harsha Engineers IPO Share Allotment Today: The share allotment process of Harsha Engineers International Ltd IPO (initial public offering) will be announced today, September 21. So, those who have applied for the public issue worth Rs 755 crore are advised to check Harsha Engineers IPO allotment …
The brokerage firm hints at a margin expansion from the third quarter of the current fiscal with the full benefit seen from next financial year Subsequent to seeing out of control inflation in key info costs over the last 15-year and a half, the tire business …
SBI hikes its prime lending rate by 70 basis points to 13.45% SBI has also raised the base rate by similar basis points to 8.7 per cent, effective today Country’s biggest loan specialist State Bank of India (SBI) has climbed benchmark prime loaning rate by 70 …
