Sensex surges over 330 points in early trade; Nifty tops 17,800
PTI Titan was the top gainer in the Sensex pack, followed by ICICI Bank, PowerGrid, Kotak Bank, Reliance Industries and HDFC Bank.
Electronics industry urges cut in import tariffs
The Hindu Bureau ‘High rates negate benefits of PLI’
Banks’ asset quality at risk from COVID-19 third wave, says ICRA
The Hindu Bureau Restructured loan book particularly vulnerable, borrowers may seek more time
Will the new e-commerce rules really favour consumers?
Prashanth Perumal The intent of the rules is unclear and there are several consumer protection rules already in place
India’s equity market bubble may burst soon
Prasenjit Bose Indranil Chowdhury With all agencies downsizing growth projections, the equity market is vulnerable to a major correction
Sensex rebounds 143 points, closes at 59,744; Nifty ends above 17,800
PTI Asian Paints was the top gainer in the Sensex pack
Rupee gains 12 paise to close at 74.30 against U.S. dollar
PTI Positive moves in Indian equity indices and stronger Asian currencies aided sentiments
Economy estimated to grow at 9.2% in 2021-22, says government data
The Hindu Bureau The growth is only due to improvement in the performance of agriculture and manufacturing sectors.
Nirmala Sitharaman reviews PSBs’ readiness to tackle any Omicron-induced disruption
PTI India Ratings and Research cut its forecast to 9.3%, from 9.4% earlier, while Brickwork Ratings has revised its estimates to 8.5-9% from 10%.
TCS Board to consider buyback proposal on Jan. 12
PTI Smaller peers like Infosys and Wipro have also undertaken buyback programmes to return surplus cash on their books to shareholders.
Reliance raises $4 billion in foreign currency bonds
The Hindu Bureau ‘Largest issuance by an Indian firm’
Electronics industry urges cut in import tariffs
The Hindu Bureau ‘High rates negate benefits of PLI’