Page 137 - Latest News
Cement stocks riding high on hopes of higher demand, capex push
Price wars led by increasing capacities and aggressive competition may hit prospects
 "Cement stocks riding high on hopes of higher demand, capex push")
China's Nasdaq-style index of tech stocks is on a tear in 2023
The tech-heavy Star 50 Index has rallied 19% this year, beating the 5.8% advance in the benchmark CSI 300 Index and the 7.2% rise in the broader Shanghai Composite Index
 "China's Nasdaq-style index of tech stocks is on a tear in 2023")
The evolution of brand BJP
While the party's founders never had a majority and needed to keep a diverse coalition intact, today's BJP doesn't need any allies. Apart from Modi and Shah, they also need to thank the founders
 "The evolution of brand BJP")
EAM Jaishankar, his South Korean counterpart Park Jin hold discussions
External Affairs Minister S Jaishankar, his South Korean counterpart Park Jin on Friday held discussions on taking forward India-South Korea Special Strategic Partnership
 "EAM Jaishankar, his South Korean counterpart Park Jin hold discussions")
China sanctions US firm for hosting Taiwan President Tsai during stopover
China on Friday slapped sanctions on two American organisations that hosted Taiwan's President Tsai Ing-wen during her visit to the US and her meeting with the House Speaker
 "China sanctions US firm for hosting Taiwan President Tsai during stopover")
Eight killed in Bangladesh following clashes between ethnic outfits
At least eight people were dead and scores injured after violent clashes broke out between two ethnic outfits in the rugged terrains of Bandarban district in Bangladesh
 "Eight killed in Bangladesh following clashes between ethnic outfits")
RBI estimate too optimistic, will pivot to rate cuts in October: Nomura
Japanese brokerage Nomura on Friday said Reserve Bank's 6.5 per cent real GDP growth estimate for FY24 is too optimistic, and the central bank will pivot to rate cuts from October
 "RBI estimate too optimistic, will pivot to rate cuts in October: Nomura")
Investors' wealth jumps over Rs 10.43 trn in last 5 days of market rally
Equity investors became richer by over Rs 10.43 trn in the past five days, as markets continued their winning momentum helped by foreign fund inflows and stable global trends
 "Investors' wealth jumps over Rs 10.43 trn in last 5 days of market rally")
SBI loan fraud: SC permits bank to respond to reply of pvt firm chairperson
The Supreme Court has permitted SBI to file a rejoinder to the reply of Suman Vijay Gupta, a citizen of the Dominican Republic and chairperson of a Mumbai-based private company
 "SBI loan fraud: SC permits bank to respond to reply of pvt firm chairperson")
Former AP CM Kiran Kumar Reddy joins BJP, slams Congress leadership
Former Congress leader and last chief minister of undivided Andhra Pradesh N Kiran Kumar Reddy joined the BJP on Friday
 "Former AP CM Kiran Kumar Reddy joins BJP, slams Congress leadership")
Withdraw 'draconian' amendments notified to IT Rules, says Editors Guild
Guild urged the govt to withdraw the IT Amendment Rules and hold consultations with media organisations and press bodies, as it had promised earlier
 "Withdraw 'draconian' amendments notified to IT Rules, says Editors Guild")
Foreign exchange reserves at $578.45 bn, snaps 2-week rise, shows RBI data
A comfortable level of foreign exchange reserves will further bolster macroeconomic stability, RBI Governor Shaktikanta Das said while announcing the bank's monetary policy decision on Thursday.
 "Foreign exchange reserves at $578.45 bn, snaps 2-week rise, shows RBI data")
Punjab to miss fiscal targets by a wide margin due to freebies: Ind Ra
The AAP govt's freebies push in Punjab will have the state, which already is one of the most fiscally stressed states, missing the fiscal targets by a wide margin yet again this fiscal
 "Punjab to miss fiscal targets by a wide margin due to freebies: Ind Ra")
Unauthorised investment advisory services: Sebi bans 4 for six months
In two separate orders, Sebi found that these entities were engaged in the business of providing investment advice to their clients, for consideration, without obtaining Sebi's registration
 "Unauthorised investment advisory services: Sebi bans 4 for six months")
Despite market volatility, 25 million demat accounts added in FY23
Going forward, experts believe that the growth in new demat accounts will depend on the market trajectory
 "Despite market volatility, 25 million demat accounts added in FY23")
Yara International looking aggressively at clean ammonia: Global CEO
In a Q&A, Svein Tore Holsether says his company is looking at more expansions in India as well
 "Yara International looking aggressively at clean ammonia: Global CEO")
Bank of Japan's Haruhiko Kuroda bows out after decade of shock and awe
"Japan's 15 years of deflation has created a strong perception among the public that prices and wages won't rise," Kuroda, 78, told a news conference
 "Bank of Japan's Haruhiko Kuroda bows out after decade of shock and awe")
HMSI recalls around 2K CB300R bike units due to manufacturing fault
Honda Motorcycle & Scooter India on Friday said it is recalling around 2,000 CB300R bike units due to a manufacturing fault in the right crankcase cover of the engine.
 "HMSI recalls around 2K CB300R bike units due to manufacturing fault")
Better net interest margins likely to help bottom line of banks in Q4
Net profit of listed commercial banks is projected to grow by 43.6% YoY
 "Better net interest margins likely to help bottom line of banks in Q4")
Expert group on MDB reform to focus on development, green finance
Expert group will hold first in-person meeting in Washington next week
 "Expert group on MDB reform to focus on development, green finance")