Reseñas

​​The firm said it has been ‘gloom and doom’ for the domestic industry in the past few months because of high cotton prices and low demand for textiles and apparel in Western countries.

​Technically, having closed at an 8-week low, Nifty formed a bearish candlestick pattern on weekly time frame with crucial support at 17,650-17,680. A breakdown below this zone could attract further selling pressure towards the 200-DMA at 17,200-17,250, while resistance on the upside is seen at 18,050-18,100.

Why is that so? For a start, defensive stocks should protect downside risks in a global environment that even the surest of soothsayers wouldn’t describe as predictable. Then, valuations in India aren’t cheap by any stretch of imagination, which puts territorial limits on how far the investing equivalent of explorers Continue Reading

“Going forward, we expect card expenditure to moderate further over the next couple of months due to the end of festive season and inflationary impact on consumer spending,” said Bunty Chawla, analyst, IDBI Capital.

The resolution professional, Saurabh Kumar Tikmani backed by KPMG, invited lenders last week to vote on the resolution plans given by the PFC-REC team, Adani Power and Reliance Industries. The voting will end on December 30.

India’s exports to China are falling as there is already a slowdown in the Chinese economy. The spread of Covid-19 and the upcoming Chinese New Year in the second half of January could lead to further workforce shortages.

According to DIT, an FTA could see taxes cut or even removed entirely, along with a range of duties on other exports that would help UK firms expand into an economy due to become the world’s third largest by 2050.

“Ultimately, what makes great leadership and what makes a happy life is not what other people think of you, it is what you think of yourself, what does your family think about you? What do your co-workers think about you?”

By Abhishek Mukherjee New Delhi, Dec 25 (PTI) After a two-year liquidity-fuelled bull run, the BSE Sensex faced its moment of reckoning in 2022 as Russia marched into Ukraine, the US Federal Reserve came out all guns blazing in its war against inflation and a cataclysm engulfed global financial

The calendar year 2022 has been the best year in 5 years for the PSU bank stocks. In 2022, while there were broad-based gains in the banking pack, it was public sector banks that stole the show. State-owned banks gave their best-ever gains in at least a decade. The Nifty Continue Reading