In a groundbreaking development reported by Bloomberg, India is on the verge of finalising a historic trade deal with the European Free Trade Association (EFTA). This deal could potentially bring in a staggering investment of $100 billion over 15 years, marking a significant milestone in India’s economic relations with the European bloc. A Landmark Trade …
In the world of currencies, the Indian Rupee (INR) has emerged as a shining star, defying the odds and standing tall in the global financial landscape. Let’s delve into the intriguing journey of the INR through 2023 and its promising start in 2024. Stability Reigns Supreme The year 2023 was a period of exceptional stability …
In the active land of global finance, a remarkable shift has unfolded as the Indian stock market surpasses Hong Kong to claim the fourth-highest equity market position worldwide. India’s Soaring Stock Market: A Spectacular Journey Trillion-Dollar Milestone India’s stock market capitalisation surpassed the elusive $4 trillion mark on December 5, 2023, marking a historic moment. …
In a notable move, Bloomberg, the global financial advisory firm, is contemplating the inclusion of Indian Government Bonds in its index, marking another endorsement of the country’s financial instruments on the global stage. This announcement closely follows JPMorgan’s decision to incorporate these bonds into its global index starting June 2024. Bloomberg’s Proposal and Phased Inclusion …
Chief Minister Inaugurates Prestigious Investor Summit Tamil Nadu recently hosted the two-day “World Investors Meet 2024” to showcase the state as an attractive investment destination and bring in new projects. The event was inaugurated by Honorable Chief Minister Thiru M.K. Stalin at the Chennai Trade Center. In his inaugural address, the Chief Minister emphasized Tamil …
Remember the guy who lost his crown as India’s richest man last year, his empire battered by a short-seller’s slingshot? Well, hold onto your turbans, folks, because Gautam Adani is BACK with a vengeance, reclaiming the top spot and leaving Mukesh Ambani in his dust! The Uprising – From Ashes to Empire As of today, …
Hold onto your hats, shareholders! The Reserve Bank of India (RBI) has whipped up a new draft circular on bank dividends, and it’s not just about who gets that sweet payout. It’s a major makeover for how our banking system operates, packed with stricter rules and a clear vision for the future. Remember those old …
In the dynamic world of investments, the allure of quick returns often overshadows the steady gains accumulated over time. Our hypothetical scenario, involving a modest Rs 1,200 per year as a Systematic Investment Plan (SIP) over 33 years, reveals the transformative potential of patient, long-term investing. Let’s dissect the numbers and understand how Nifty 50 …
India’s central bank, the RBI, is taking swift action to address a burgeoning liquidity crunch in the banking system. For the second consecutive week, the RBI will conduct a VRR auction on December 22nd, this time injecting a significantly higher amount of Rs 1.75 lakh crore (USD 21.02 billion) compared to the previous week’s Rs. …
In the world of packaging, where choices abound, glass has emerged as the undisputed champion, symbolizing trust, safety, and sustainability. The global glass packaging market, valued at USD 62.95 billion in 2022, is on a captivating journey, poised to reach USD 86.54 billion by 2030, with a spirited CAGR of 4.2%. Let’s dive into the …
