Recovery to be further aided by foreign tourists
India to open up for foreign tourists
* As per a media article, Union Home Ministry officials are in talks with sta..
Steel: Domestic prices edge up
Domestic HRC price in traders’ market rose further by 3% WoW on average. Rebar prices in both secondary and primary markets rose t..
Residential: Diwali comes early
While initial expectations were for new residential launches to commence from Oct’21 to coincide with the beginning of the festiv..
Auto PLI unveiled; focus on clean, advanced mobility
The government has approved the Production Linked Incentive (PLI) Scheme for auto sector. The scheme is aimed at i..
Government relief to ensure VIL survival for now…
The Union Cabinet announced the telecom relief package. While most of the relief has prospective impact, the m..
Netflix: Growth accelerates strongly
Netflix posted strong Q3CY21 numbers—revenue grew 1.9% QoQ/16.3% YoY to USD7.48bn, in line with Street’s estimate and ..
Commodities plateauing? Don’t party yet
In our Commodities Spike note, we highlighted that auto stocks always underperform in an inflationary period. Surprisingl..
Torrent acquires CESC’s wind assets – win-win for both
Torrent Power (TPW) has entered into an SPA for 100% acquisition of Surya Vidyut Limited, a wholly-o..
PV wholesales impacted by semiconductor shortage
e-2W continues to see higher inquiries; Tractor demand softens
* Aug’21 demand reflects initial signs of reco..
Exports continue to shine, margin pressure building up
After subdued performance in Q122, industrial companies (ex-BHEL and GETD) are likely to grow by 18% YoY and 24%..
Price sustenance is key
* We hosted three dealers from different parts of India at our ‘Emkay Konnect’ Festive Conference held on October 11, 2021.
Average daily fliers inch up towards 250k; PLFs remain steady
Weekly average daily fliers came in at 240k in the week ended (W.E) 02nd Oct’21 vs 231k in the W.E...
Rupee falls 10 paise to 73.94 against US dollar in early trade
Rupee strengthens against US dollar on Tuesday
Rate decision, US stimulus likely constraints to rupee's further appreciation
Rupee slips on RBI's dovish stance, 'loose' policy
Currency Squeeze: Rupee expected to weaken further
Service rendered by govt, not its agency, only exempt from GST
Punjab got investments of Rs 99,000 crore: Minister
SCR operated 500 Kisan Rails, transported 1.6L tonnes of agri produce since launch
After oil, gas price may see surge upsetting CNG, PNG rates
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