The year of 2021 has given gold a volatile ride characterised by a high of $1,959 per ounce as recorded on January 6, 2021 and as opposed to this, a low of $1,676.01 per ounce on March 8, 2021 and yet again a low of $1,677.61 as recorded on March 31, 2021. Spot gold (or …
The second wave of Covid-19 infections is posing a challenge to the auto sector, which had just about started to pick up pace. The country saw over 3.6 lakh new infections on Tuesday alone and reported over 3200 deaths. Rising cases have meant many states have imposed a range of curbs and lockdowns. Meanwhile, there …
Coronavirus’s second wave has slowed the revival that India’s multiplex companies – PVR Ltd and Inox Leisure Ltd – had just begun to witness. The March quarter of 2021, hereafter referred to as Q4FY21, had started off on a hopeful note for cinemas across the country. Theatres saw a greater-than-expected response to the Tamil movie …
What is a bad bank? Bad banks are typically a bank that is set up to purchase bad loans and other holdings of any bank or financial institution. The bad bank usually comes into play during times of financial crisis to absolve issues and maintain the reputation of banks. While many consider bad banks to be …
The increased intensity with which the pandemic is striking India has left many startled. Not only have the number of infected individuals been rising, but the resources to support them have been depleting as well. In addition to the rise in the number of cases, the morbidity rate has also gone up. With this trend, …
India faces a huge surge of coronavirus cases and Monday alone saw over three lakh new Covid cases and 2771 deaths over 24 hours. Several states have been announcing a series of curbs and lockdowns, which may impact economic activity. Will the second surge affect corporate earnings? As many as 28 firms, including large cap …
It’s been a full circle for the markets, from the crash of March 2020 owing to Covid-19 fears and the subsequent rally. On the midcap front, in the fiscal year 2021, the BSE Midcap Index rose 91 per cent, as India’s market capitalisation grew Rs 91 trillion in the year, to touch Rs 204 trillion. …
The BSE Sensex has seen a comeback by adding more than 500 points in the early hours of trade on Tuesday, April 20, gaining a little over 1 per cent. The broader benchmark index Nifty also traded over 1 per cent higher at 14,500-levels. This regaining of lost ground comes after the Sensex and Nifty …
India is in the grip of the second wave of the pandemic, as several states register unprecedented peaks in terms of fresh cases and death tolls. On Thursday, India recorded nearly two lakh cases; the country has been seeing cases upwards of 1.5 lakh every day over the past nearly one week before April 15 …
Fast-moving consumer goods (FMCG) and personal products firm, Dabur India, recently hit Rs 1 trillion in market capitalisation, even as its shares touched an all-time peak. M-cap and the role it plays Market capitalisation (m-cap) is the overall valuation of a company on the basis of its share price at the moment and the total …
