📰 Latest Economy & Stock Market News
Fintech the ultimate wealth creator among financials in next few years: Milind Karmarkar
Updated at : 2021-11-07 10:20:01

“On a scale of 1 to 10, the possibility that markets can give double digit returns CAGR is 8 out of 10.”

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Swaminomics | Right climate for Indian investment in green tech
Updated at : 2021-11-07 10:20:01

Climate challenges will be met, but not because of summits and global idealism. It will happen because enormous sums are being poured into green innovation by profit-driven corporations, incentivised by modest government subsidies and mandates.

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US job growth picks up in October; unemployment rate falls to 4.6%
Updated at : 2021-11-06 19:20:01

U.S. employment increased more than expected in October as the headwind from the surge in COVID-19 infections over the summer subsided, offering more evidence that economic activity was regaining momentum early in the fourth quarter.

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Neobanks, the disruptor that has India's beleaguered bankers scrambling
Updated at : 2021-11-06 18:20:01

​​The rise of digital financial solutions is not merely because of technological advances but is also led by the increase in demand for solutions available at the touch of a button.

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Opec+ agreed to increase crude oil production: What analysts have to say about it
Updated at : 2021-11-06 16:20:01

President Joe Biden has been a vocal advocate of a larger supply increase and the decision from the group prompted the US to say it would consider a wide range of tools to deal with prices.

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Petrol, diesel prices steady in many cities on Saturday
Updated at : 2021-11-06 16:20:01

In Delhi, a litre of petrol costs Rs 103.97, and a litre of diesel costs Rs 86.67. Petrol and diesel prices in financial capital Mumbai are Rs 109.98/litre and Rs 94.14/litre respectively.

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It’s raining price upgrades on SBI counter after strong Q2 earnings performance
Updated at : 2021-11-06 16:20:01

Analysts have raised their price target on the stock by 5-23 per cent following the results announcement on November 3, while most of them also retained their “buy” calls on the scrip. “SBI is still trading at temptingly low valuations and remains well positioned as a recovery play,” said brokerage firm Edelweiss Securities in a note.

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Barry Ritholtz's 12 tips on how to successfully steer through the world of stocks
Updated at : 2021-11-06 16:20:01

Ritholtz says investors should consider a globally diversified portfolio, including asset classes that are less correlated to equities such as corporate bonds, treasury inflation-protected securities and treasuries.

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Dalal Street Week Ahead: Midcaps may start outperforming once again
Updated at : 2021-11-06 15:20:01

​The global markets have largely digested what was a taper-without-tantrum and have inched higher. The Indian markets will open on Monday following two days of holidays as Thursday just had a token one-hour Mahurat trading session. The open on Monday will largely adjust to Friday’s global trade setup which has been steady and buoyant.

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Suven Pharma Q2 results: Net profit up 31% at Rs 97 crore
Updated at : 2021-11-06 15:20:01

Suven Pharmaceuticals on Saturday posted a 31 per cent increase in its consolidated net profit at Rs 97 crore for the second quarter ended September 30. The company had reported a net profit of Rs 74 crore in the July-September period of the previous fiscal.

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