Category: Market

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Markets are likely to pause till the next trigger gives them a reason to move. Dear Reader, The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that…

Will RBI follow up on November action on personal loans?

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in Market

As on October 20, personal loan growth stood at 30 percent, with credit card outstanding and other personal loans up 28 percent and 25 percent, respectively. Could the Reserve Bank of India (RBI) be mulling over more restrictions to curb the growth in personal loans? There is an expectation in some quarters that the Indian…

Cooperative export body NCEL gets nod to export 14.92 lakh tones non-basmati rice, 50k tonnes sugar: Amit Shah

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in Market

Cooperative export body NCEL gets nod to export 14.92 lakh tones non-basmati rice, 50k tonnes sugar: Amit Shah The newly set up cooperative export body NCEL has got permission to export 14,92,800 tonnes of non-Basmati rice to 16 countries and 50,000 tonnes of sugar to two countries, Cooperation Minister Amit Shah said on Wednesday in…

RBI likely to opt for a prolonged pause until middle of next year

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in Market

The focus of the monetary policy has remained on keeping the liquidity conditions tight, after a pause in April 2023. The need to keep liquidity conditions tight is driven by the upside risk to inflation from successive food price shocks. Adverse weather events have resulted in more than 50 percent of the CPI food basket…

Zydus Life shares rise as US arm gains rights for rare paediatric disease drug

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in Market

Shares of the company have risen 52.45 percent so far this year. Zydus Lifesciences gained 1.6 percent after its US arm Sentynl Therapeutics assumed full responsibility for the development and commercialisation of CUTX-101, which is used in the treatment of Menkes disease, from Cyprium Therapeutics. Sentynl announced the execution of an assignment and assumption agreement…

Latest News | Latest Business News | BSE | IPO News

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in Market

Spot gold jumped to a record high on Monday and has risen more than 10% since early October on speculation the Federal Reserve will cut rates early next year. Source link

Bernstein names Amazon its 'best idea' for internet stocks in 2024. We see a lot to like, too

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in Market

Club holding Amazon (AMZN) is a stock to own going into 2024, with the ecommerce giant poised for further profitability, according to Bernstein Research — a view we enthusiastically share. Bernstein on Tuesday named Amazon its “best idea” in the internet space for 2024, citing acceleration in its cloud business, cost discipline, digital advertising growth,…

Job data suggests ‘soft landing’ is increasingly likely, economists say

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in Market

Luis Alvarez | Digitalvision | Getty Images The U.S. economy inched closer to a so-called “soft landing” after a new batch of labor data, economists said. A soft landing is a good thing: It would mean the Federal Reserve has accomplished the difficult task of taming inflation without triggering a recession. Job openings — a…

Jim Cramer says buy P&G, Starbucks on unwarranted pullbacks

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in Market

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. U.S. stocks gained in midmorning trading Tuesday, with the S & P 500 up 0.14% and the Nasdaq Composite up 0.64%. Technology stocks were outperforming, as bond yields retreated…

A 401(k) rollover is 'the single largest transaction' many investors make, expert says. What to know before doing it

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