BUSINESS

A salesperson showing the limited edition launched by Emporio Armani to welcome the Year of the Tiger at a duty-free store in Haikou, south China's Hainan Province, January 15, 2022.Zhou Huimin | Xinhua News Agency | Getty ImagesStocks of…
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India outperformed all major markets in 2022, driven by resilient and superior earnings on a relative basis, but the probability of both these factors playing out again this year looks low for Shridatta Bhandwaldar of Canara Robeco AMC. It…
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New Delhi. Today, after the Economic Survey, now the eyes of the common man are fixed on the budget. At the same time, this budget of the Modi government can be very important. Significantly, this is the last full budget of the Modi…
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Indian market closed in the green on Tuesday for the second consecutive day in a row. The S&P BSE Sensex and Nifty50 closed flat but with a positive bias.Sectorally, buying was seen in the public sector, utilities, industrial, telecom,…
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Gold prices were little changed in early Asian trading on Wednesday, as investors refrained from taking big bets ahead of the U.S. Federal Reserve's interest rate-hike decision due later in the day. FUNDAMENTALS* Spot gold was almost flat…
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Mumbai: It was around 5.30 in the morning last Wednesday when senior Adani officials got the breaking news, just hours before the anchor book — the institutional pillar of any issuance — of the Rs 20,000-crore ($2.5 billion) follow-on offer…
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Mumbai: Most Adani Group stocks recovered in a relief rally on Tuesday after three days of sell-off as the full subscription of ' ₹20,000-crore follow on public offer (FPO) eased anxiety among investors. Seven of the 10 Adani stocks gained…
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Washington: US central bankers opened a two-day policy meeting Tuesday on rising expectations that they will slow the pace of interest rate hikes again, as inflation begins to fade.The Federal Reserve has raised the benchmark lending rate…
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Mumbai: The ₹20,000-crore follow-on public offering (FPO) of (AEL) was fully subscribed on the final day of the offer Tuesday, January 31, thanks to late demand from family offices, corporates, and foreign investors. The issue - India's…
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Mumbai: Tech Mahindra, India's fifth largest IT services company, reported mixed-bag earnings for the three months that ended December 2022, leaving analysts divided over the company's stock.Nomura remained bullish on the stock but others…
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