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Relative to advanced nations, the monthly economic review of the ministry for August said, contraction in India’s gross domestic product (GDP) in the April-June quarter has been ‘slightly higher’ but attributed the same to the stringent lockdown in the quarter that has helped keep Covid-19 mortality in check.
Asian markets step back from stimulus-driven record highs"The markets had such a strong run yesterday after the presidential inauguration in the U.S. and the run-up to that, that the lead coming in from the U.S. is a bit messy," said Shane Oliver, chief economist at investment mana… Read MoreBuy or Sell: Stock ideas by experts for January 22, 2021
from Stocks-Markets-Economic Times https://ift.tt/3o4JRZi
… Read MoreSGX Nifty down 30 points; here's what changed for market while you were sleepingAsian stocks opened on a negative note on Friday. Australia's ASX200 index fell 0.08 per cent in early trade. Nikkei dropped 0.36 per cent to 28,652.51.
from Stocks-Markets-Economic Times https://ift.tt/365Ctqq
… Read More‘Foreign oil cos keen on buying BPCL stake’Homegrown Vedanta and two international funds have shown initial interest in buying the government’s entire majority stake in BPCL. The government will call price bids after evaluating the three players’ suitability on techni… Read MoreMavens Talk: Prashant Jain I Shankar Sharma I Nilesh ShahInvestors could expect equity returns in line with nominal GDP growth, which could be in early doubledigits.
from Stocks-Markets-Economic Times https://ift.tt/3sGEnrb
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