China’s new year pain may spell gain for Indian stocks
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Traders anticipate a positive start to the first full week of the New Year, with Nifty futures indicating growth. Consumer stocks like Jubilant Foodworks and DMart show signs of revival, and auto stocks are gaining momentum. Indraprastha Gas and Mahanagar Gas rallied on hopes of increased natural gas supply. Fund managers are reconsidering their India bets amid China’s economic uncertainty.
In June 2024, Indians’ total spending on external remittances dropped 44% year-on-year to $2.2 billion, with consistent declines noted across categories like travel and studies […]
The Reserve Bank of India is set to revamp its currency management infrastructure over the next 4-5 years. This project includes establishing new currency management […]
India’s healthcare sector, particularly hospitals, has witnessed a surge in foreign direct investment, reaching $1.5 billion in FY24. This represents a significant increase, more than […]
