Foreign investors continue to desert Indian equity markets and have pulled out over Rs 4,000 crore this month so far amid steady appreciation of the dollar and rising interest rates in the US. However, the pace of selling by foreign portfolio investors (FPIs) has been declining over the last few weeks. “With oil prices breaching… Continue reading FPIs take out over Rs 4,000 cr from equities in July so far; pace of selling slows
Author: Economic Times of India Online News
India best performing among major economies in the world: Report
NEW DELHI: Despite the massive disruptions in both demand and supply-side factors caused by the Covid-19 pandemic and the Russia-Ukraine conflict India has shown the most consistent improvement in macroeconomic performance among the top 10 economies in the world, an industry body said in a report. In the ranking of International Economic Resilience (IER) of… Continue reading India best performing among major economies in the world: Report
Are India’s energy problems tapering?
A high trade deficit, along with a falling currency, can hurt India’s economy as the current account deficit will widen in the process. NEW DELHI: China and India together drove the maximum demand for oil in the 21st century. A whopping 59% of the world’s oil has been driven by China and India between 2000… Continue reading Are India’s energy problems tapering?
Green Hydrogen: What is green hydrogen, why Reliance and Adani Group are investing in it, and other queries
Looking at the extreme potential of green hydrogen, there has been a sudden frenzy over hydrogen in recent times. Green hydrogen is considered as one of the best and cleaner alternative fuel options. Hydrogen that is produced using renewable energy through electrolysis is known as Green Hydrogen. In this process, hydrogen is separated from oxygen… Continue reading Green Hydrogen: What is green hydrogen, why Reliance and Adani Group are investing in it, and other queries
M&M will deliver strong products on both ICE & EV front and let the consumer choose: Anish Shah
“We had laid out a cash plan already and a cash generation is very strong right now. The deal was essentially done to establish valuation and to have the benefit of a long term partner like BII, where climate change is an important part. I want to highlight that this is really bringing our ESG… Continue reading M&M will deliver strong products on both ICE & EV front and let the consumer choose: Anish Shah
Is there a stimulus by the Centre no one is talking about?
NEW DELHI: The Centre’s capex outlay is estimated at Rs 7.5 trillion in FY23,up from Rs 6.02 lakh crore in FY22, in order to drive economic revival. Of this, Rs 1 trillion will go to states as a long-term, interest-free loan. Capital expenditure is the money spent by the government on the development of machinery,… Continue reading Is there a stimulus by the Centre no one is talking about?
Why SMEs are looking at Intra-Asia trade
Whether times are tough, or business is booming, Intra-Asia trade offers ample opportunities for the region’s SMEs and e-commerce operators to unlock new business growth. Asia has long been a world leader in closer regional integration – exploring remarkable and constantly evolving networks in trade, investment, and innovation. With significant diversity of our people and… Continue reading Why SMEs are looking at Intra-Asia trade
Addressing the biggest C Suite challenge: Managing sustainability with profitability
With the global pandemic now in its third year, most business leaders continue to face significant challenges, but also unprecedented opportunities if fully realized. Some companies are already experiencing the early benefits of digitalization and automation in their business with improved efficiency, productivity, supply chain management, as well as helping close the skills shortage gap.… Continue reading Addressing the biggest C Suite challenge: Managing sustainability with profitability
Inflation expected to cool from October, says Shaktikanta Das
October will see inflation easing, minimizing the need for aggressive RBI action, Governor Shaktikanta Das said at an economic conclave on Saturday. “Our current assessment is that inflation may ease gradually in the second half of 2022-23, precluding the chances of a hard landing.” Central banks worldwide are grappling with worse-than-anticipated inflation driven by supply-chain… Continue reading Inflation expected to cool from October, says Shaktikanta Das
M&M is undervalued, EV bet gets it right, says Anish Shah
Mahindra & Mahindra (M&M) is eyeing a leadership position in the electric vehicle sport utility segment, emboldened by a global investor’s interest in its newly set-up EV subsidiary. The maker of Scorpio and Thar plans to invest over Rs 10,000 crore in its EV business, which raised $250 million from British International Investment (BII) on… Continue reading M&M is undervalued, EV bet gets it right, says Anish Shah