Market News Top 10 News WPI Inflation Jumps to 11-Year High of 10.49% in April – Top Indian Market News WPI inflation jumps to 11-year high of 10.49% in April India’s wholesale inflation, as measured by the Wholesale Price Index (WPI), rose to an 11-year high of 10.49% in April 2021. WPI stood at 7.39% in March and 4.83% in February. The annual rate of inflation is high primarily due to the rise in prices […] Written by marketfeed Team May 17, 2021April 21, 2022
Market News Top 10 News Finance Minister Presents Union Budget 2022 in Parliament – Top Indian Market News Finance Minister presents Union Budget 2022 in Parliament Finance Minister Nirmala Sitharaman has presented the Union Budget 2021-22 in the Parliament. The minister has announced the scrapping of income tax for senior citizens above 75 years and new rules for the removal of double taxation for NRIs. Sitharaman has also announced a Rs 64,180 crore […] Written by marketfeed Team February 1, 2021April 21, 2022
Paytm Shares Are Up 32% From 52-Week Low. What Next? Shares of One97 Communications Ltd, the parent company of digital payments platform Paytm, have recovered ~32% from its 52-week low. Unfortunately, the stock is still down by Rs 1,280 or 65% compared to its IPO listing price of Rs 1,955! In today’s article, we analyze the recent developments surrounding Paytm and its financial performance. What […] Written by Cherian Varghese July 6, 2022July 7, 2022
An Analysis of India’s Green Hydrogen Industry India has announced plans to de-carbonize within the next 30 years. The government has taken strategic decisions to reduce the reliance on fossil fuels and cut down costly imports. Our country’s target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022 has received a significant boost through new policies. As part of these […] Written by Cherian Varghese July 1, 2022July 2, 2022
Why RBL Bank’s Share Price is Down 60% this Year? RBL Bank’s share price has tanked by nearly 60% in a year and ~30% in the second week of June! The bank’s top-level management, financials, and asset quality are being questioned. In this piece, we figure out what led to the price crash and if India’s central bank could possibly recover RBL Bank’s damaged share […] Written by Maarg Vaidya June 28, 2022June 28, 2022