Investing in the Nifty50 index is a great way to gain exposure to a range of large-cap stocks from India. The index has been developed as a tool for tracking companies across various sectors and industries. The index is regularly updated and includes 50 stocks, making it more representative of the Indian market. What is […]
Undoubtedly, urban flooding, especially in a country like India, which sees annual monsoons, can have serious economic consequences. These consequences are completely apart from the inconveniences and frayed tempers caused by pothole-raddled, awash streets. For example, excessive rains ruin crops – a serious matter in agriculture-driven nations where food prices are dictated by availability. Flooding […]
Since travel has resumed after the covid lockdown, people in India are spending a lot on travel. In fact, most of them continue to spend on travel and hospitality by swiping their credit cards. India’s credit card spend on travel is increasing month by month. New data released by the Reserve Bank of India reveals […]
Many stocks (Nifty 50) opened deep into the red on August 26 following US Fed chairman Jerome Powell’s hawkish stance in regards to inflation. Tech Mahindra was the top loser in the markets, followed by Infosys, HCL Tech and Wipro. TCS and Hindalco along with JSW Steel were also top losers in the markets. Of […]
The housing market is a significant part of the economy in India, especially given its large population. The demand for new housing comes with the increasing demand for affordable loans. Lending institutions like state-owned banks account for over 60% of the credit provided, while privately owned banks have been able to grow their share by […]
It has been found in a recent study that in states where recreational marijuana is legal, people are using cannabis 20% more than their counterparts in states where it’s not legal. A study found that adults in Colorado used cannabis more frequently than adults in Minnesota. The researchers did this by using survey data from […]
Despite India’s 8.7% GDP growth in FY22, this was only in comparison to a nearly 6.6% GDP contraction in FY21, implying that the Indian economy is still limping back to health with much of the gains realized during pre-pandemic times. This study looks at how sectors fared during those two years and how capacity utilization […]
Approx. 25,680 luxury homes (units priced >1.5 Cr) were sold across the top 7 Indian cities in H1 2022, against 17,740 units in 2019; in H1 2022 itself, sales exceed those in entire 2019 MMR saw the highest luxury home sales – over 13,670 units sold in H1 2022, followed by NCR with 4,160 units […]
Asian consumers optimistic about the future regarding both nation’s economy and their personal financial situation improving over the next 12 months as per the recent study. Philippines most positive on country’s economy improving within one year at 58 per cent, 23 per cent higher than the regional average of 35 per cent. It is also […]
We have in this study examined financial performance of 3180 companies (excluding financial companies) and noted the trend in interest coverage ratio defined as Operating profit to Interest. This indicator reflects the comfort level of companies in debt servicing. Some interesting results: In response to falling interest rate cycle, interest coverage ratio of companies has […]
