economic news this week
- ECONOMY
Rupee And Bond Update – March 08, 2021: Reliance Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Why JSPL Has Shown Interest In Insolvent Reliance Naval
Jindal Steel & Power Ltd. has shown interest in bankrupt Reliance Naval and Engineering Ltd. The Navin Jindal-controlled group sees…
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Marico Sets Up Noodle Fight With Nestle, ITC In Rs 9,000-Crore Market
Marico Ltd. want’s a piece of India’s growing instant noodles market, and the owner of Saffola is targeting the premium…
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A Hack Like This Could Start the Next World War
(Bloomberg Opinion) — It may be years before we get the Franz Ferdinand hack, but one cyber attack has the potential…
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The Fed Doesn’t Fear Inflation. Its Critics Have Longer Memories
(Bloomberg Opinion) — “Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be…
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World’s Largest E-Scooter Factory Aims to Make EV Each 2 Seconds
(Bloomberg) — Bhavish Aggarwal surveys the empty 500-acre expanse encircled by neon-painted homes, tiny shrines and mango groves. The high-profile…
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Parliament To Reconvene From Monday To Continue Budget Session
The month-long second part of the Budget session of Parliament begins on Monday in the middle of a high octane…
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Mutual Funds’ Selling Spree Continues As They Withdraw Rs 16,306 Crore From Equities In February
Mutual funds pulled out Rs 16,306 crore from equities in February, making it the ninth consecutive monthly outflow as small…
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Cement’s Robust Demand, Cost Inflation Drive Sharp Price Hikes In March: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Cairn Wants India To Pay $1.4 Billion, Shareholders To Seek Enforcement
British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of the world, expect the…
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Startup Street: An Accelerator’s Advice To Founders—Don’t Go Chasing The Money
Since its inception in 2017, India Accelerator has mentored over 70 early startups including the likes of now established Galaxy…
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Biden’s Quiet Style Belies Ambitions Beyond Undoing Trump Legacy
(Bloomberg) — The new U.S. president starts his days with an early morning workout in the gym of the White…
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Brands Gained, Social Media Influencers Thrived During Pandemic
The company used social media celebrities to talk about immunity, health and wellness. Most Dabur brands, Phakey said, have increased…
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The Mutual Fund Show: What You Need To Know About Motilal Oswal, Edelweiss AMC’s New Passive Fund Offers
While the debate over whether investors should buy and sell stocks directly to beat benchmarks or are they better off…
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Chinese Investors Turn to Bank Stocks as Market Darlings Plunge
(Bloomberg) — China’s most-shunned sector is getting a rare moment in the sun as investors seek shelter from a rout…
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Curbs Ease Across U.S.; NYC Movie Theaters Reopen: Virus Update
(Bloomberg) — Theaters in New York City, the nation’s second-largest movie market, reopened after a yearlong hiatus. The city’s mayor…
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Muni Bonds Prove a Refuge for Investors Hiding From Rising Rates
(Bloomberg) — For now at least, America’s state and local government bonds are a refuge from the losses piling up…
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West Bengal Elections: TMC Announces Candidates For 291 Seats, Mamata Banerjee To Contest From Nandigram
West Bengal Chief Minister Mamata Banerjee Friday confirmed her candidature from Nandigram seat as she released the list of Trinamool…
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‘We Are Going Strong’: Farmer Leaders As Protest Enters 100th Day
As the farmer agitation against the Centre’s three farm laws enters its hundredth day on Saturday, union leaders have asserted…
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Covid-Decimated Jobs Rebound Faster Than Expected
(Bloomberg Opinion) — During a webinar on Thursday with The Wall Street Journal, Federal Reserve Chair Jerome Powell made a…
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ETFs Show Balance Is Shifting in Favor of Emerging-Market Stocks
(Bloomberg) — If capital flows into U.S. exchange-traded funds are any indication, investors have begun to favor emerging-market stocks over…
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Top Idea Picks For March: KRChoksey
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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It’s Too Late for Big Oil’s Pivot to a Carbon Tax
The American Petroleum Institute is debating whether to support a price on carbon. It’s not every day that a top…
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Microsoft’s $10 Billion Pentagon Deal at Risk Amid Amazon Fight
(Bloomberg) — Microsoft Corp. is in danger of losing a contract to provide $10 billion of cloud computing services to…
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Biden Stimulus Faces Lengthy Final Gauntlet of Senate Votes
(Bloomberg) — Senate Democrats face a gauntlet of Republican attempts to rein in President Joe Biden’s $1.9 trillion stimulus package…
Read More » - ECONOMY
Two-Wheeler Retail Sales Fall For Fourth Straight Month
Sales of two-wheelers at dealerships stayed below the pre-pandemic level as registrations fell for the fourth straight month amid waning…
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Analysts’ Take On Wipro’s Acquisition Of Capco
Analysts see a successful completion of Wipro Ltd.’s acquisition of Capco as key to aid the software services provider’s U.S.…
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CCL Products – Vietnam To Drive Growth In The Medium Term: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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OPEC+ To Extend Oil Production Cuts Till April: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Rupee And Bond Update – March 05, 2021: Reliance Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Sectors That Saw Foreign Inflows And Outflows In February
Overseas investors remained net buyers in Indian equities for the fifth straight month, helping benchmark indices scale new records after…
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House Panel Probes Opioid Companies on Tax Breaks for Legal Fees
(Bloomberg) — The House Oversight and Reform Committee is probing whether executives at four drug industry companies plan to use…
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Texas Watchdog Says Power Grid Operator Made $16 Billion Error
(Bloomberg) — A firm hired to monitor Texas’ power markets says the region’s grid manager overpriced electricity for almost two…
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NYC Investor Spent $1.5 Million on June Democratic Voter Push
(Bloomberg) — More than 22,500 New Yorkers switched to the Democratic Party amid a $1.5 million campaign led by venture…
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MTAR Tech IPO Subscribed 10.27 Times On Second Day
The Rs 597-crore initial public offering of MTAR Technologies was subscribed 10.27 times on Thursday, the second day of the…
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Hiring Activities Rose In February, Shows Naukri JobSpeak Index
Digitisation and automation drove record sequential growth of 22% in all hiring activities in February, according to a report. Hiring…
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Baidu Said to Win Hong Kong Bourse Approval for Second Listing
(Bloomberg) — Chinese search engine giant Baidu Inc. has secured approval from the Hong Kong stock exchange for a second…
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Technology Sector Check – Consensus Expectations On Growth Acceleration Will Likely Witness A Reset: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Textile Sector Check – Global Levers Supporting Domestic Growth: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Fallen King of Cable TV Bets That Live Sports Can Stem Decline
(Bloomberg) — Once an icon of cable TV’s money-minting powers, USA Network today symbolizes the industry’s long slide in the…
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BJP Pitches ‘Metro Man’ Sreedharan As Kerala Chief Minister Candidate
The Bharatiya Janata Party in Kerala on Thursday said it has requested the party’s national leadership to declare ‘Metro Man’…
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Where Are We in Finding the Coronavirus’s Origin?
(Bloomberg) — More than a year after Covid-19 touched off the worst pandemic in more than a century, scientists have…
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Bringing Petrol, Diesel Under GST Limits Pan India: SBI Research
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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U.K. Debt Chief Hails Gilt Liquidity as Reason for Calm on Rout
(Bloomberg) — The head of the U.K.’s Debt Management Office is hardly batting an eye over the meltdown in U.S.…
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Cadila Healthcare – Experimental Drug Copper Histidinate Approval Prospects High And Can Be A Decent Opportunity: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
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Morgan Stanley Upgrades PNB, BoB; Says SBI Top Pick Among PSU Banks
As balance sheets and capital ratios of public sector lenders improve, Morgan Stanley prefers State Bank of India to play…
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Billionaire Lemann Is Stepping Down From Kraft Heinz’s Board
(Bloomberg) — Jorge Paulo Lemann is leaving the board of Kraft Heinz Co., the giant consumer company he helped put…
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Junk Bonds Prove to Be a Shelter From the Rates Storm
(Bloomberg Opinion) — The junk-bond market has never offered such low yields. And yet, it might just be the best…
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House Set to Pass Elections Overhaul, But Senate Action Unlikely
(Bloomberg) — House lawmakers are slated to pass a landmark bill Wednesday that would overhaul nearly every aspect of U.S.…
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Exxon Outlines Plan to Boost Returns and Grow Its Dividend
(Bloomberg) — Exxon Mobil Corp. outlined a target to achieve returns of least 30% on new projects after reducing capital…
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