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Daily Voice | India offers higher growth than other EMs, current valuations not alarming, says this CIO
Anil Sarin of Centrum PMS says India has always been an expensive market, but this is justified due to attractive historical stock returns and higher earnings growth. The Chief Investment Officer at Centrum PMS with over 25 years of rich experience in fund management expects overall private capex to be strong over next 2-3 years, due to rising/peaking […]
Mikhail Gorbachev, Soviet leader who helped end the Cold War, has died
Mikhail Gorbachev, the final leader of the Soviet Union and a reformer who helped end the Cold War and lead his country from communism to capitalism, died Tuesday at 91, according to the Gorbachev Foundation. “Mikhail Sergeevich Gorbachev died this evening after a serious and long illness,” the Central Clinical Hospital reported, according to the Interfax […]
Why China Is Only Country Sticking To Zero-Covid Policy With Lockdowns
Beijing: Millions of people in areas surrounding China’s capital were ordered into lockdown Tuesday, with authorities doubling down on efforts to contain Covid-19 ahead of a key ruling Communist Party meeting this year. Nearly four million people in Hebei province, which surrounds Beijing, were ordered to stay home until the end of the week as […]
Mikhail Gorbachev, Soviet leader who helped end the Cold War, has died
Mikhail Gorbachev, the final leader of the Soviet Union and a reformer who helped end the Cold War and lead his country from communism to capitalism, died Tuesday at 91, according to the Gorbachev Foundation. “Mikhail Sergeevich Gorbachev died this evening after a serious and long illness,” the Central Clinical Hospital reported, according to the Interfax […]
On Freebies, Supreme Court Refers Case To New Bench, Hearing Live-Streamed
On political parties promising freebies ahead of elections, the Supreme Court today called for an expert committee and an all-party meeting to discuss the subject. The order was live-streamed in a historic first to mark outgoing Chief Justice NV Ramana’s last day. The freebies case was among 20 hearings streamed for the first time from […]
Milk Price Hike To Improve Profitability Of Organized Dairies.
Mumbai (Maharashtra): The recent hike in retail milk price by 2 per liter will limit the slide in the profitability of the organized dairy sector to 50 basis points (bps) on-year this fiscal, despite a higher than anticipated rise in procurement prices, and transport and packaging costs. Despite lower profitability, comfortable balance sheets and better working […]
Noida Twin Towers Demolition On August 28, Supreme Court Extends Deadline
The two twin towers of the bankrupt builder Supertech in Noida will be demolished on August 28. The Supreme Court has given the go-ahead to the Noida Authority to raze the two towers by September 4. Here’s your 10-point cheatsheet to this big story: A day after the Supreme Court-appointed technical expert gave approval for […]
Silver stays steady, selling at Rs 61,000/kg, while gold drops by Rs 100
Early on Wednesday, gold prices decreased by Rs 100 from the previous day’s rate, with 10 grammes of 24-carat yellow metal selling for Rs 51,980. The price of 10 grammes of 22-carat gold has decreased by Rs 100 to Rs 47,650. Contrarily, the price of silver, which is selling at Rs 61,000 per kilogramme, remained […]