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"In June 2021 quarter, corporate profitability will come down but market is expecting it to rise after that. Corporate profitability is sustainable," Kotak Mahindra AMC Managing Director, Nilesh Shah said.
The future of money is digital, but is it bitcoin?Governments will borrow some elements of the distributed ledger technology behind private cryptocurrencies, but they will very much want to retain control of what circulates as money in their economies. Some will succeed.
fr… Read MoreSGX Nifty down 188 points; here's what changed for market while you were sleepingAsian stocks skidded as rising US Treasury yields rattled equity investors while hoisting the dollar to a three-month high.
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… Read MoreAsian stocks drop amid rising US bond yields; dollar hits 3-month highSpot gold slid another 0.2% early Friday to stand at $1,694.0600 per ounce, trading below $1,700 for the first time since June 2020.
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… Read MoreOPEC, allies agree to keep oil production cuts in place, prices jump
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… Read MoreUS fed chair Jerome Powell optimistic about recovery, commits to keep interest rates unchanged
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