NSE has introduced a new sectoral index, the Nifty Chemicals Index, aimed at tracking the performance of companies within the chemicals sector. This index focuses on the top 20 stocks from the Nifty 500 that belong to the chemicals industry, selected based on their six-month average free-float market…
IndusInd Bank Faces Setback: “Financial Discrepancies and Leadership Changes” IndusInd Bank is currently facing significant challenges affecting its financial stability and leadership. Financial Discrepancies: The bank has identified discrepancies in its derivative accounts during an internal review, leading to an expected 2.35% reduction in its net worth as…
Infrastructure The government's emphasis on capital spending, with a target of Rs 11 trillion for the next fiscal year, is expected to significantly boost the infrastructure sector. Companies with strong order books are likely to benefit the most. Recommended Stocks: Larsen & Toubro, KEC International and KNR Construction…
Private equity (PE) funding has emerged as an important pillar of global economic growth, providing businesses with the capital they need to scale, innovate, and compete. This form of investment—characterized by equity capital raised directly from private investors rather than public markets—continues to evolve, reflecting shifts in economic…
A group of ministers (GoM) has recommended significant changes to the Goods and Services Tax (GST) structure for 150 goods and services, including textiles. Particularly, the tax rate on tobacco and related products and aerated drinks is expected to increase from the current 28% to 35%. For textiles,…
You might be wondering what a shark has to do with your investments and returns. Well, just like the depth of the ocean, which caters to so many large and small components of aquatic life, your investment portfolio is a mix of big and small investments depending on…
The Adani Group, an Indian multinational conglomerate, has come under scrutiny as U.S.prosecutors in New York allege the company paid around $250 million in bribes to Indian Officials to secure solar energy contracts. This investigation, under the Foreign Corrupt Practices Act (FCPA), has raised concerns among global investors and…
Overview The Indian electric vehicle industry is changing itself to restructure the transportation scenery with enormous potential driving people to slowly lean towards a change towards brighter and eco-friendly future for India while becoming a major producer as well as a key supplier of EVs into the world…
Overview With as high as about seven percent contribution to the overall GDP, and 49 percent to the manufacturing GDP while generating direct and indirect employment opportunities for its masses, and believed to be the key reason for India being the third largest economy in the world. Besides,…
Overview The Indian Banking industry has been a key pillar of growth with an active GDP contribution of up to around 12%, but it has promoted financial inclusion through various initiatives targeted to bring the country’s underbanked population under the banking gamut. Counted among the most stable banking…