-Hindustan Times The average PE (price earnings) multiple of Sensex companies , which measures the price of a stock as a multiple of its earnings per share, has risen to 31.49 in the current month, the highest since 1998-99 . The BSE Sensex, India’s benchmark stock market index, reached an all-time high of 44,825 on Wednesday, November 25. There is reason to believe that speculation and external tailwinds, RATher than strong fundamentals,...
More »SEARCH RESULT
Total Matching Records found : 13961
Indian economy contracts by 7.5% in Q2
-The Hindu Country enters technical recession. India’s Gross Domestic Product (GDP) contracted 7.5% in the second quarter of 2020-21, following the record 23.9% decline recorded in the first quarter, as per estimates released by the National Statistical Office on Friday. The country has now entered a technical recession with two successive quarters of negative growth. However, the economy’s performance between July and September when lockdown restrictions were eased is better than most RATing...
More »TRP fraud case: Police file 1,400-page chargesheet
-The Indian Express The owners of Republic media and News Nation have been named as wanted accused in the chargesheet. The police said they were likely to charge them in a supplementary chargesheet later. The Mumbai Police Crime Branch on Monday filed a 1,400-page chargesheet in the alleged fake Television RATing Points (TRP) case, naming six channels, including those of Republic Media Network and News Nation, as allegedly paying money to boost...
More »USD 271 bn consumer spending to shift from cash to cards,digital payments by 2023 in India:Accenture
-PTI/ The Hindu The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business About 66.6 billion transactions worth USD 270.7 billion are expected to shift from cash to cards and digital payments by 2023 in India, and further increase to USD 856.6 billion by 2030, a report by Accenture said on Tuesday. This rapid shift to digital payments due to the COVID-19...
More »Monthly rise in procurement and payments to MSMEs: Govt
-The Indian Express Total procurement and transactions from MSMEs has gone up almost two-and-a-half times in October to Rs 5,000 crore compared to Rs 2,300 crore in May. The Ministry of Micro, Small and Medium Enterprises (MSMEs) Tuesday said that there has been a monthly rise in procurement and payments to MSMEs, alongside a fall in the RATio of pendency of payments. The pending payments to MSMEs are around one-fifth against the...
More »
