Srinivas Rao Ravuri, CIO of Bajaj Life Insurance, said IT stocks are emerging as a tactical play as rupee weakness boosts earnings visibility despite global macro concerns. He expects large IT firms to deliver over 10% earnings growth this year,…
India gold and silver import duty hike may distort bullion prices, widen gap with global rates, and tighten silver ETF supply, Mirae Asset warns.
Weakness in the currency provides a margin tailwind to these IT companies, who get most of their revenue from the North American Market in the US Dollar and other currencies, whereas most of their fixed costs are in the local…
India raised fuel prices twice this week, but oil companies are still losing ₹15–17 on every litre sold. Dayanand Mittal, Oil & Gas, Telecom Research Analyst, JM Financial Institutional Securities says more small hikes are coming — not a big…
Iran will reopen the Tehran Stock Exchange today at 10:00 AM local time after an 80 day war related suspension, with trading on TEDPIX running for four hours
Astral’s plumbing business reported strong volumes, as they increased 24.2% in the fourth quarter to 84,014 MT from last year and remained the key growth driver for the company.
Jay Woods reviews Nvidia’s earnings setup, also commenting on other key stocks reporting this week. PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro.
Flipkart extends lead in India e-commerce, holding about 50-60% GMV share and adding 8.5 million weekly active users, outpacing Amazon and Meesho
Indian rupee extends seven day slide against US dollar as Iran conflict, high crude oil prices and weak risk sentiment pressure currency and fuel prices.
Global Economic Advisors’ Chief Economist and Managing Director, William Lee, says China holds the key to easing tensions in the Iran conflict and believes growing pressure from Asian economies could push Beijing toward a resolution.