Month: January 2023

S&P Global India Services PMI sees best growth since mid-2022 but job creation hits a five month-low The Hindu – Economy

Mala Gaonkar’s SurgoCap Partners started trading Tuesday with $1.8 billion under management, the largest debut of a woman-led hedge fund in the industry’s history. SurgoCap will use data science to … Read More

Rupee trades 3 paise higher at 82.87 against US dollar in early trade.  NDTV Profit-Latest

Indian indices open flat in early trade. Sensex was down 56 points at 61,238; Nifty lost 16 points to trade at 18,215. NDTV Profit-Latest

‘The way the rupee recovered from 83 and the offers from state-run banks point to the RBI’ The Hindu – Economy

‘States’ cash balances with RBI, a measure of the surplus they hold, remain on the higher side, reflecting their comfortable fiscal position’ The Hindu – Economy

Ashwin Sanghi has woven two parallel and gripping stories of two kingmakers and kings in his book titled ‘Chanakya’s Chant’. As the name suggests, one of the stories was about … Read More

The net profit of operating public sector enterprises jumped 50.87 per cent to Rs 2.49 lakh crore during 2021-22, with ONGC, Indian Oil Corp, Power Grid, NTPC and SAIL emerging … Read More

The State Bank of India has approved raising another 100 billion rupees ($1.21 billion) through infrastructure bonds this quarter to fund credit growth, an official at the nation’s largest lender … Read More

Capital markets regulator Sebi (Securities and Exchange Board of India) has asked Oravel Stays Ltd, the parent company of travel-tech firm OYO, to refile the draft IPO (initial public offering) … Read More