Latest Updates Around The World
Indian stock markets may be nearing their next big rally – and the financial sector (BFSI) could be the sector leading the way, says Rohit Seksaria, fund manager at Sundaram Mutual. Speaking to ET Now, he said that with government tax cuts, GST rationalisation, RBI rate cuts and liquidity measures kicking in, macro conditions can […]
Ramco Cements on Wednesday reported a three-fold rise in consolidated net profit to Rs 77.88 crore for the September quarter.The company had posted a net profit of Rs 25.77 crore during the July-September quarter of the previous fiscal, according to a regulatory filing by The Ramco Cements. Revenue from operations grew 9.52 percent to Rs […]
The Indian stock market experiences renewed volatility, powered by sectoral Churn and the changing investor sentiment. Nevertheless, experts remain carefully optimistic about the growth potential in important sectors, in particular those linked to consumption and infrastructure. Mayuresh Joshi now emphasized in an interview with ET that the twin engines of growth – consumption and capital […]
Indian shares have closed a strong week again, with the handy sticking to profits and market sentiment that is supported by global signals and domestic triggers. With the new GST regime that starts from September 22 and the festive season around the corner, optimism is building, although experts warn against the consumption theme. It now […]
The recent GST rationalization on cement and important building materials is expected to provide the biggest benefits for medium-sized housing projects, according to Amit Mamgain, director of Yugen Infra. He notes that lower tax pressures will facilitate the budgeting pressure for developers, improve cash flows and increase the confidence of the buyers – especially on […]
The Indian stock markets ended the week with a win of 1%, but remained below the most important 25,000 Mark, which made analysts to be called in to weigh underlying trends. Mayuresh Joshi in an interview with ET now emphasized domestic policy measures and global factors. “GST -rationalisatie is zeer positief – het zou moeten […]
Indian shares can annually rise up to 15% to 15%, but the market is not the place for investors with a 5-6 months of display, said Motilal Oswal Financial Services’ Chairman Raamman Agrawal. Speaking of the Economic Times on the sidelines of the investor conference of his company, the experienced investor advised caution in the […]
Automotive Tyre Manufacturers Association (ATMA) On Monday, a reduction in the GST rates on tires for cars up to 5 percent compared to the current 28 percent, whereby the government was encouraged not to treat it on the same footing with luxury goods. The body mentioned its impact on important sectors such as transport, agriculture, […]
“Secondly, within this global background, on the micro -side, the business results remained soft, which was largely on expected lines. However, with announcements that have already been made and expectations of further reports about GST rationalization, you could see a positive momentum in consumption and operating results in the second half. Despite the matte trade […]
Chetan AyayaChief Asia Economist, Morgan StanleySays that the economic growth of India is ready at the end of 2025 for recovery, fed by government measures and RBI interest rates, although the delay in global trade is a challenge. Although GST rationalization can relieve inflation, the focus remains on the management of low inflation. The RBI […]
