Domestic currency rupee opened on flattish note after it depreciated on Tuesday after tensions mounted between India and Pakistan following the airstrike on terror camps in Pakistan-occupied Kashmir. Political growths are expected to have a strong effect on rupee and Read more
The RBI’s Monetary Policy Committee (MPC) has slashed the repo rate by 25 bps in its sixth bi-monthly monetary policy statement for 2018-19. The three-day policy review meeting by the MPC started in Mumbai on Tuesday, headed by newly appointed Read more
The price of dividend-paying stocks is influenced or impacted by inflation same as the way bonds are affected by interest rates. When inflation rises, income stock prices generally fall.
The government is pushing the Reserve bank of India to relax lending norms for small businesses and infuse more liquidity into the market to strengthen economic development before key state elections due in the next few weeks and a general election that has to be taken place by May.
India was ranked at the 142nd position among 190 nations when the Narendra Modi govt came to power in 2014. It rose to 100th spot in the last ranking from the 131st rank in the previous year.
Coal India was the top loser on the NSE, down 3.57 percent after the company has announced that the govt will be selling up to 9%of its stake in the prized public sector company as part of its ambitious disinvestment plan.