[ad_1] India’s external account faces slowing foreign fund inflows — both in direct investment as well as portfolio flows — as a fallout of monetary tightening in the western economies. The ebbing fund flows are putting pressure on the local currency while the falling global crude prices and surging services Read more…
[ad_1] The Indian rupee ended 2022 as the worst-performing Asian currency with a fall of 11.3%, its biggest annual decline since 2013, as the dollar rocketed on the U.S. Federal Reserve’s aggressive monetary policy stance to tame inflation. The rupee finished the year at 82.72 to the U.S. currency, down Read more…
[ad_1] NEW DELHI: After a tepid last year that made Nifty lose 1.42%, Samvat 2079 – the Hindu accounting year – that kicked off today looks much brighter and more promising for stock market investors. The new year is likely to witness peaking out of US Fed’s rate hike and Read more…
[ad_1] Brokerages have remained majorly positive on the cement pack, expecting companies to report decent growth in volumes, revenue and profit after tax (PAT) in the September quarter of the current fiscal year. However, the second is traditionally a soft quarter for cement producers from the demand point of view, Read more…