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In the prevailing scenario, one can say with confidence that India is one of the fastest growing economies. However, India’s GDP represents only 3% of World GDP and roughly the same percentage of global stock market capitalization. Globally, a lot of innovation is taking place through disruption of various traditional industries. Such innovation and disruption […]

Greater coordination is required among regulatory authorities including those dealing with stock exchanges operating within the upcoming financial hub in Gandhinagar, said Union Finance minister Nirmala Sitharaman who was on a day-long visit to GIFT City in Gujarat on Saturday. “This visit was long overdue. I had wanted to come here with the secretaries well […]

ABB Power Products & Systems India on Friday announced its rebranding as Hitachi Energy India Ltd. “Following the recent rebranding of its parent company to Hitachi Energy, its operations in India today announced their evolution to Hitachi Energy India Limited’, reaffirming their commitment to accelerating the clean energy transition in […]

Latest news updates: Mode rows back on crypto cashback offer through UK retailers  Financial Times Source link

By Sam Boughedda Investing.com — Capital equipment manufacturer Amtech Systems Inc (NASDAQ:) stock fell 30% Thursday after the company reported a miss on both top and bottom-line results. Amtech announced earnings per share of 5 cents on revenue of $24.34 million, missing estimates, with analysts polled by Investing.com anticipating an EPS of 9 cents on […]

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My advice to Indians who are living in US, UK, or Canada is that “Come invest in India”, Ankit Yadav, Director of Market Maestroo Pvt. Ltd – said in an interview with Zeebiz’s Kshitij Anand. Edited excerpts:  Q) How has wealth management changed post COVID-19 outbreak? What are the trends that are developing? A) As […]

India’s palm oil purchases rose 15% in the marketing year 2020-21 (November-October) even though total vegetable oil imports stayed put, national trade body, the Solvent Extractors’ Association of India (SEA) said in a release Nov. 16. The new data showed that palm oil regained market share in India’s vegetable oil landscape after shrinking to 55% […]

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In India, the stock market prices are surging to new highs, while the economy is not doing very well. Why? Even though stocks ought to represent the present value of future corporate profits, it has been observed repeatedly that the current profits, and profits in the near future, tend to be overemphasised. Currently […]