IMF sees growth edging higher but still warns of ‘tepid twenties’
Robust consumption and investment, as well as easing supply-chain problems, are among the drivers of strong growth in the US and many emerging-market economies.
Robust consumption and investment, as well as easing supply-chain problems, are among the drivers of strong growth in the US and many emerging-market economies.
Earlier in 2020, the White House National Security Strategy published a report saying China was working to undermine the U.S.-led international order. It also warned that Washington was currently in "a decisive decade".
Hindustan Petroleum Corporation Ltd. key Products/Revenue Segments include Refinery, Rent and Other Operating Revenue for the year ending 31-Mar-2023.
Sansera Engineering Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 5559.53 Crore) operating in Auto Ancillaries sector.
These latest disruptions are forcing ships to take alternative, longer routes. But once the ships arrive at their destinations, they are being unloaded quickly.
U.S. adds Chinese companies to export blacklist for supplying AI chips to China's military. Restrictions extended to companies supporting Russia's military and drones in conflicts. China criticizes U.S. actions, emphasizing normal economic cooperation with Russia.
Vodafone Idea FPO: The higher end of the price band i.e. Rs 11 is at a discount of 26% compared to the recently approved preferential issue price to the promoter entity at Rs 14.87 and a discount of 15% compared to the last closing price of Rs. 12.95.
The U.S. consumer price index rose 0.4% last month, in line with February, the Labor Department's Bureau of Labor Statistics (BLS) said. This put the year-on-year increase at 3.5%. Both month-on-month and year-on-year readings beat Reuters poll estimates.
Central banks buying gold amid geopolitical tensions, are impacting prices. Dollar strength boosts gold. Corrections are expected due to US inflation while rate cuts are anticipated from major banks. Gold remains a strategic investment with limited short-term upside. Shah says: "Dollar strong, gold strong is working because central banks are buying left, right and centre."
Moody's maintains India's Baa3 rating but warns of risks from political tensions and weak debt affordability. Fiscal metrics may improve with robust growth, but challenges like inflation and high interest rates persist, impacting spending control and debt reduction efforts.
Supreme Industries Ltd. key Products/Revenue Segments include Plastic Products, Polymers (Traded), Other Operating Revenue, Processing Charges and Export Incentives for the year ending 31-Mar-2023.
Election authorities in Gujarat are planning to boost voter turnout, especially among women, in the upcoming Lok Sabha elections by sending over 20 lakh invites to voters across the state. The initiative will focus on polling stations where the gender voter gap is over 10% and where the turnout was below 50% in the last elections. Gujarat's Chief Electoral Officer, P Bharathi, will send invitations to mainly women voters, urging them to vote with their families. The state's 26 Lok Sabha seats will go to polls in the third phase on May 7.
Greenpanel Industries Ltd. key Products/Revenue Segments include Fibre Board, Plywood, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2023.
Sisense breached, urges reset. Few details disclosed. Krebs reported "millions of credentials" affected. Law enforcement engaged. Edited by Alexander Smith & Stephen Coates. Washington-based cybersecurity agency issued alert.
In the complaint, Bhatt said that false statements have been made in the advertisements about his MP fund. He said that the advertisement published in various newspapers mentioned that he has spent only 40 per cent of his MPLADS (Members of Parliament Local Area Development Scheme) fund and has returned the remaining amount.
A top Chinese official, Zhao Leji, visited North Korea, marking the countries' highest-level meeting in about five years. Zhao, chairman of China's National People's Congress and a key figure in the ruling Communist Party, discussed boosting cooperation in politics, economy, and culture with his North Korean counterpart, Choe Ryong Hae. They also exchanged views on regional and international issues. This visit, the first involving a Chinese Politburo Standing Committee member since the pandemic began... Читать дальше...
The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.
Spanning across seven phases, the voting for the first phase will be held on April 19, the second phase on April 26, the third phase on May 7, the fourth phase on May 13, the fifth phase on May 20, the sixth phase on May 25 and the seventh phase on June 1, 2024.
The World Bank warned this month that India -- like other South Asian nations -- was "not creating enough jobs to keep pace with its rapidly increasing working-age population". South Asia is failing "to fully capitalise on its demographic dividend", said Franziska Ohnsorge, the bank's regional chief economist, calling it a "missed opportunity".
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Mirae Asset Investment Managers are bullish on India's economy, emphasizing growth prospects. Ankit Jain sees opportunities in midcap companies, consumer, and financial services sectors. Positive outlook despite stretched valuations, with focus on earnings growth and investment opportunities in various sectors. Jain says: "The 1-year forward P/E ratio for Nifty stands at 22.5x, while for the Midcap 100, it is 24.5x, representing a premium of 12-15% over their respective 10-year averages."
The Chinese economy is expected to grow by 4.8% in 2024, driven by a recovery in household consumption, ongoing property market adjustments, and weak external demand, according to the Asian Development Bank (ADB). However, growth is projected to moderate from the previous year's 5.2% expansion, with uncertainties in the external macroeconomic environment and trade tensions potentially affecting Chinese exports.
PNB Housing Finance Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Income From Sale Of Share & Securities and Income From Financial Services for the year ending 31-Mar-2023.