Centre examining FDI flow from China in Paytm Payments Services
The Reserve Bank's action against PPBL follows a comprehensive system audit report and subsequent compliance validation report of external auditors. These reports revealed persistent non-compliances and continued material supervisory concerns in PPBL. Key Points
Economic TimesVladimir Putin, Xi Jinping to sign declaration on 'new era' ties: Kremlin
The leaders will sign... a joint statement on strengthening comprehensive partnership and strategic relations entering a new era, Kremlin foreign policy advisor Yuri Ushakov said in comments carried by Russian news agencies. Key Points
Economic TimesIndia set to become 3rd largest economy in five years: Piyush Goyal
He also called the Regional comprehensive Economic Partnership (RCEP) trade deal as a disaster in the making and it was music to my ears when Prime Minister Narendra Modi said the country would not be joining it. The Union minister of commerce and industry was speaking at the Asia Economic Dialogue 2023 event here. Key Points
Economic TimesGuidelines to curb 'deceptive' e-commerce marketing practices soon: Govt
The ministry will develop a comprehensive framework to protect consumers in collaboration with the Advertising Standards Council of India. Initially, these guidelines will be self-regulatory. Key Points
Firstpost7kg IFB washing machine: Here are top 10 options to consider before purchase
IFB washing machines are efficient and durable home appliances. Bring home one to manage laundry chores seamlessly. Key Points
Hindustan Times
India, Australia aim to conclude comprehensive trade deal by end of 2023
In his media statement, Albanese said the aim is to conclude the comprehensive economic cooperation agreement (CECA) by the end of the year. We reiterated our shared ambition for an early conclusion of the Australia-India comprehensive economic cooperation agreement later this year, he said in the presence of Modi. Last year, India and Australia finalised the Economic Cooperation Trade Agreement (ECTA) and it came into force in December last. The two sides are now working on the CECA. Key Points
Economic TimesLocalisation, warranty norms stricter in Electric Mobility Promotion Scheme
EMPS replaces the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME II) programme. “The manufacturers comprehensive warranty will have to cover the EV battery, the most crucial component of the vehicle, besides ensuring that there are adequate facilities for after-sales service for the life of sold vehicles,” a senior government official told ET. Key Points
Economic TimesNext round of negotiations for UK-India trade pact scheduled in January
New Delhi [India], December 18 (ANI): The thirteenth round of negotiations for the UK-India Free Trade Agreement concluded last week, with both sides resolved that they would continue to negotiate towards a comprehensive and ambitious trade pact. The next round of negotiations, the fourteenth, will take place in January 2024. Show Full Article The latest […] Key Points
ThePrintNifty IT index stocks: Will strength in US dollar help in reviving them?
With some strength in the US dollar coming back, there is global trade which is getting started, metal prices have come down and sectors, which benefit from weaker local currencies have seen a recent bump up. The question is whether the domestic IT companies, which have been witnessing a phase of underperformance, especially the largecaps, will have any recovery due to the rupee factor? Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Key Points
Economic TimesNifty healthcare index stocks; Staying bullish on select pharma and hospitals
While they clubbed together, the operating matrix of a pharma company making drugs and hospital and a diagnostic company are very different. We take a look at what analysts are saying about different stocks from each of these segments. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Key Points
Economic Times
Aeroflex Industries IPO opens. Should you subscribe to the issue?
Aeroflex Industries is a market leader in the field of metallic flexible flow solutions, offering a comprehensive range of products including corrugated stainless steel hoses and interlock flexible metal hoses. The company has grown at more than 37% revenue CAGR in the last three years, operating at more than 4.85 times asset turnover, over 20% EBITA margins and generating approximately 32% ROCE. Key Points
Economic TimesNifty IT index stocks: Hold recommendations galore; will analysts be right?
Gone are the days, when a single company was considered a bellwether for IT sector stock. Today, whether it is a large or mid sized company, all have different focus areas and hence their quarterly results tend to differ from one another. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. Key Points
Economic Times