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Currency circulation in India increased in the past few months, breaching the levels last seen before the end-2016 currency-swap programme, with the protracted lockdowns prompting residents to stock up on cash for stockpiling groceries and other essentials.
Jet Air gets new owners as creditors choose Kalrock Capital, UAE investorAnother consortium comprising Haryana-based Flight Simulation Technique Centre, Mumbai's Big Charter and Abu Dhabi’s Imperial Capital Investments to win Jet. Kalrock's website described it as a London-based asset management c… Read MoreAtmanirbhar Bharat could add $160 bn by 2024 to trade earningsIndia’s incremental earnings from overseas trade, anchored in potential investments from the likes of Apple and Foxconn, could surge by $160 billion by 2024, with New Delhi emerging as a feasible alternative to Beijing for ma… Read MoreKalrock-Jalan consortium plans to invest Rs 1000 cr in Jet over 5 yrsAnother consortium comprising Haryana-based Flight Simulation Technique Centre, Mumbai's Big Charter and Abu Dhabi’s Imperial Capital Investments to win Jet. Kalrock's website described it as a London-based asset management c… Read MoreNifty eyes next stop at 12,050 even as market turns cautiousAbhishek Karande, CMT senior analyst at Reliance Securities, believes markets would trend higher with no sign of a reversal yet. “I see no reason to anticipate a reversal when there aren’t any signs of one.”
from Stocks-Mark… Read MoreOktoberfest begins for UBL as bars reopen, states cut taxesThe UBBL stock has declined 23% in the last one year and 15% in the past two years with steep taxes by states, increase in input prices in FY20 followed by the Covid-19-led disruption. The stock is currently trading at a PE o… Read More
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