The world’s largest digital asset, overcoming a slew of potentially negative factors that had dogged it earlier this year, is up about 10% over the past five sessions. That gain puts it on track for its best week since the start of August and pads its year-to-date advance to 87%. It rose about 0.6% to $54,526 as of 2:26 p.m. in New York.
The first pill to treat Covid-19 is on its way and vaccine producers are rolling out booster shots in wealthy countries. For investors, the next stage of the pandemic means a tougher landscape for stockpicking. Nineteen months into the pandemic, a successful rollout of a Covid-19 pill could quicken and broaden the world’s recovery, opening up a plethora of investment opportunities in stock markets.
In Delhi, the petrol price was hiked by 30 paise per litre, taking it to Rs 104.23.
With the Reserve Bank of India giving clear signals of moderating the liquidity surplus in the banking system, policy normalisation has begun in the country, economists from Nomura wrote. On Friday, RBI’s Monetary Policy Committee left key rates unchanged, but said it would discontinue is ‘Government Securities Acquisition Programme’ (G-SAP) for now.
While rising commodity prices are a boon for a few, their volatility and spillover effects are definitely a bane to many, and parts of the market will face the brunt. The widening gap between demand and supply is keeping investors on the edge, as inflationary pressure can slow down the ongoing recovery.
The domestic equity market has formed a broad consolidation range between the 17,950 level on the higher side and the 17,400 level on the lower side. We have maintained that unless Nifty breaches the upper edge or violates the lower edge, the 50-pack will find itself trading within this defined range.
Dr Agarwals operates 100 eye hospitals, of which 86 are in India and the remaining in Africa. It has clinics in Mauritius, Mozambique, Tanzania, Rwanda and Uganda.
"Air India with Tatas could be a phenomenal airline in terms of good quality service and take the airline to its past glory, and that will have an impact on quality of service offered by other low service carriers (read low-cost carriers), if they compete with AI/Vistara for traffic, primarily business traffic," said Ajay Prakash, president of Travel Agents Federation of India.
In 2013, when the then Governor D Subbarao left the reins of the Reserve Bank of India to his successor Raghuram Rajan, his advice to the new incumbent was to be an ‘Arjun’ rather than an ‘Abhimanyu,’ who succumbed to the ‘Chakrayvuh’ in his endeavour to win the epic battle in the Mahabharat.
The National Company Law Tribunal (NCLT) admitted the bankruptcy pleas against Srei Infrastructure Finance (SIFL) and its wholly owned subsidiary Srei Equipment Finance (SEFL) after the central bank referred the two companies to the NCLT’s bench in the eastern metropolis, where Srei is based.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.