Industrial production grows at 12.3 per cent in June

IIP grew in double digit for the second month in a row due to strong performance by manufacturing, power and mining sectors

BLContext | Explainer: What is the Energy Conservation Amendment Bill 2022?

Watch | Nifty prediction for the week 8-12 August 22 by BL GURU

BL Pulse Podcast: Covid-19, Monkeypox & how to protect your kids

Watch | Advertising is the glue that binds brands and customers: Malcolm Poynton

Watch | Royal Enfield 350 Hunter 2022 Review

Watch | Royal Enfield 350 Hunter 2022 Review

Royal Enfield has now launched the Hunter 350 a new roadster built from the ground up.

Subscriber Exclusive

image caption

Nifty call: Buy at current level of 17,675, go long at 17,620

image caption

More domestic gas for city distributors, a big positive for players

image caption

Short MCX lead futures

image caption

PNC Infratech Q1FY23 holds promise with robust orderbook and profitability

image caption

Q1 FY23: OMCs bleed due to marketing losses

image caption

Bharti Airtel Q1: Inline results and stable operating metrics

image caption

IRB beats estimates in Q1FY23, but the stock is expensive

Top Gainers/Top Losers

Stocks

Commodities

Forex

Gold & Silver

Balaji Speciality Chemicals to raise ₹250 cr via IPO

Strong Q1 stretches Page Industries stock to year high

Sensex, Nifty extend gains as oil & gas, metal stocks shine

Sterling and Wilson Renewable shares dip 4 per cent

Rupee falls 9 paise to 79.71 against US dollar in early trade

Edible oil imports up 28% in July as traders buy more RBD palmolein, soya oil

India to register 14% growth in seafood exports products valued at close to $8.86 b in FY23

Lithium prices likely to rule at elevated levels for rest of the year

8 Bengal IPS officers summoned by ED in coal smuggling case

Short MCX lead futures

Rupee falls 4 paise to close at 79.66 against US dollar

Rupee falls 9 paise to 79.71 against US dollar in early trade

Rupee falls 36 paise to close at 79.61 against US dollar

Rupee trades in narrow range against US dollar in early trade

Rupee rises 15 paise to close at 79.48 against US dollar

Edible oil imports up 28% in July as traders buy more RBD palmolein, soya oil

India to register 14% growth in seafood exports products valued at close to $8.86 b in FY23

Lithium prices likely to rule at elevated levels for rest of the year

8 Bengal IPS officers summoned by ED in coal smuggling case

Short MCX lead futures

Opinion

Trending

Broker’s Call: Steel Authority of India (Hold)

YES Bank, IBSFINtech tie up to provide enhanced digital services for corporate clients

Ashok Leyland’s Switch Mobility, Chalo join hands to bring out 5,000 electric buses in a ₹8,000-cr deal

Brigade eyes ₹4,000 crore sales revenue from two projects in Chennai, Bengaluru

Books

Economy

Export growth decelerates in July as global uncertainty rises

Export growth decelerates in July as global uncertainty rises

Imports rise sharply, trade deficit almost triples

Industrial production grows at 12.3 per cent in June

Industrial production grows at 12.3 per cent in June

IIP grew in double digit for the second month in a row due to strong performance by manufacturing, power and mining sectors

Retail inflation moderated to 6.7 per cent in July, another round of rate hike expected

Retail inflation moderated to 6.7 per cent in July, another round of rate hike expected

Industrial growth rate at 12.3 per cent in June, lower than May

Two-quarters of no disruptions will help revive entry-level bike and cars segments: FADA chief

Two-quarters of no disruptions will help revive entry-level bike and cars segments: FADA chief

The EV segment needs to deliver good quality products, said Vinkesh Gulati

Agri Business

As tur prices rise on dip in acreage, Centre asks States to enforce stock disclosure

Edible oil imports up 28% in July as traders buy more RBD palmolein, soya oil

IMD, Japan and UNDP join to expedite climate action in 10 States, UTs

How Maharashtra politicians are hijacking budding FPOs

Managing human-elephant conflict major focus of Central govt, says Union Forest Minister

A bitter-tasting repellant to keep pink bollworms away from cotton

NRAA proposes policy to accelerate growth of rainfed agriculture

Money & Banking

Banks, agents can call borrowers only between 8 am and 7 pm: RBI

Banks, agents can call borrowers only between 8 am and 7 pm: RBI

Agents have been deviating from extant instructions governing outsourcing of financial services

LIC Q1 profit jumps multifold to ₹682.89 crore on higher premium income

LIC Q1 profit jumps multifold to ₹682.89 crore on higher premium income

However, the performance was down across parameters when compared with the preceding March quarter

Banks, agents can call borrowers only between 8 am and 7 pm: RBI

Banks, agents can call borrowers only between 8 am and 7 pm: RBI

Agents have been deviating from extant instructions governing outsourcing of financial services

Ujjivan Small Finance Bank to rise share of secured book to 35% of loans by FY23-end

Ujjivan Small Finance Bank to rise share of secured book to 35% of loans by FY23-end

‘Pilot for gold loans expected to be launched in October’

Muthoot Finance net profit down 17 per cent in Q1

Muthoot Finance net profit down 17 per cent in Q1

Gold loan major receives RBI approval for opening 150 branches

Aditya Birla Health Insurance to get Rs 665-cr capital infusion from Abu Dhabi Investment

Aditya Birla Health Insurance to get Rs 665-cr capital infusion from Abu Dhabi Investment

Following the transaction ADIA will hold 9.99 per cent stake in ABHI

Markets

Today’s Poll

Should BSNL be privatised?

quicktake

Quick Take: Why the stock markets cheered, while bond markets sulked post Budget

Though the Budget had every excuse to announce some populist handouts ahead of upcoming State polls, it seems to have refrained

Broker’s Call: Steel Authority of India (Hold)

YES Bank, IBSFINtech tie up to provide enhanced digital services for corporate clients

Ashok Leyland’s Switch Mobility, Chalo join hands to bring out 5,000 electric buses in a ₹8,000-cr deal

Brigade eyes ₹4,000 crore sales revenue from two projects in Chennai, Bengaluru

Broker’s Call: Steel Authority of India (Hold)

JSW Energy arm to buy Mytrah Energy’s renewables portfolio for ₹10,530 crore

India may not benefit from Industry 4.0

Now, charitable institutions and trusts need to maintain exhaustive documents to claim tax exemption

Editor's pick

How Maharashtra politicians are hijacking budding FPOs

How Maharashtra politicians are hijacking budding FPOs

With cooperative sector mired in corruption, they are eyeing these bodies to keep their vote banks intact

Samsung’s innovative foldables have grown up with refinements

Samsung’s innovative foldables have grown up with refinements

Impressions of the just-launched Z Fold4 and Z Flip4

Hero MotoCorp consolidated net zooms 129% to ₹586 crore in Q1

Hero MotoCorp consolidated net zooms 129% to ₹586 crore in Q1

But the performance was lower than consolidated net of ₹621 crore in March quarter

Newly designed Vande Bharat train leaves ICF Chennai for trials

Newly designed Vande Bharat train leaves ICF Chennai for trials

During the trials, the train will be tested at speed of 180 kmph and will cover 50,000 km

Supreme Court fixes August 28 for razing Supertech towers in Noida

Supreme Court fixes August 28 for razing Supertech towers in Noida

The apex court ordered demolition of the 40-storey twin towers on August 31 last year for violation of norms

Watch: Royal Enfield Hunter 350 review

Watch: Royal Enfield Hunter 350 review

There is a new RE in town and it is built to please. Will prey on competition though

India to register 14% growth in seafood exports products valued at close to $8.86 b in FY23

India to register 14% growth in seafood exports products valued at close to $8.86 b in FY23

MPEDA looking to ramp up seafood exports into newer markets

Aditya Birla Health Insurance to get Rs 665-cr capital infusion from Abu Dhabi Investment

Aditya Birla Health Insurance to get Rs 665-cr capital infusion from Abu Dhabi Investment

Following the transaction ADIA will hold 9.99 per cent stake in ABHI

Multimedia

Companies

Hero MotoCorp consolidated net zooms 129% to ₹586 crore in Q1

Hero MotoCorp consolidated net zooms 129% to ₹586 crore in Q1

But the performance was lower than consolidated net of ₹621 crore in March quarter

Dabur India Chairman Amit Burman steps down; Mohit Burman to take over

Dabur India Chairman Amit Burman steps down; Mohit Burman to take over

Burman will take continue in the company as the non-executive director, says regulatory filing

Sharp increase in costs, poor prices weigh on India Cements’ Q1 show

Sharp increase in costs, poor prices weigh on India Cements’ Q1 show

Company posts profit after tax of ₹76 crore mainly due to tax reversal

Multiplexes ad revenues yet to pick up momentum

Multiplexes ad revenues yet to pick up momentum

Despite a strong box office business, PVR Cinemas and Inox Leisure ad revenues declined 32 per cent and 36 per cent respectively in Q1

Eyeing mining possibility of strategic minerals in India and abroad: NMDC Chairman, Sumit Deb

Eyeing mining possibility of strategic minerals in India and abroad: NMDC Chairman, Sumit Deb

Production target for FY23 at 46 million tonne, up 10 per cent

Matrimony.com posts 13.5% drop in Q1 net profit

Matrimony.com posts 13.5% drop in Q1 net profit

However, the paid subscriptions grow 13.8 per cent y-o-y

Info-tech

Telcos start discussions with Govt on harmonisation of 5G spectrum

Telcos start discussions with Govt on harmonisation of 5G spectrum

Move to reduce interference in spectrum bands

Facebook to set default End-to-End encryption for Messenger

Facebook to set default End-to-End encryption for Messenger

Secure Storage for back-up messages is also under trial

Google brings in major changes to Wear OS

Google brings in major changes to Wear OS

Offline navigation, redesigned Play Store to come by year end

Samsung’s Jay Y Lee pardoned by South Korea, may rejoin board

Samsung’s Jay Y Lee pardoned by South Korea, may rejoin board

South Korean President Yoon Suk Yeol has cleared the heir to the country’s biggest company of bribery charges

A spate in DDoS attacks in Q2 in 2022

A spate in DDoS attacks in Q2 in 2022

Average DDoS attack duration up by 100 times to 3,000 in Q2: Kaspersky

Airtel’s Wynk Music launches new feature to promote independent artists

Airtel’s Wynk Music launches new feature to promote independent artists

Wynk Studio could be key differentiator to compete with YouTube, Spotify

Portfolio

Q1 FY23: OMCs bleed due to marketing losses

Q1 FY23: OMCs bleed due to marketing losses

Prices of motor fuels were kept at levels equivalent to $75-80 per barrel of crude

Bharti Airtel Q1: Inline results and stable operating metrics

Bharti Airtel Q1: Inline results and stable operating metrics

Results reflect consistent progress made in recent quarters

IRB beats estimates in Q1FY23, but the stock is expensive

IRB beats estimates in Q1FY23, but the stock is expensive

The company is trading at a one year forward P/E of 26.6 times against its historical average (5 year average) of 11.8 times

Why investors should look beyond MTM losses of SBI in Q1 FY23

Why investors should look beyond MTM losses of SBI in Q1 FY23

With a At Rs ₹50-lakh crore trillion of balance sheet, SBI’s ability to keep pace with overall market momentum is an important factor

What charts say about 6 key sectors and how to play them

What charts say about 6 key sectors and how to play them

Do note that all the indices are selected purely based on the price action seen on the charts using technical analysis

Looking for safe havens? Try treasury bills

Looking for safe havens? Try treasury bills

Here is a complete lowdown on treasury bills, which are a good alternative to bank deposits, small savings schemes

Videos from BusinessLine on Campus

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Speaking at the grand finale of BLoC Boardroom Challenge 2021, he offers six insights to B-schoolers.

Masterclass on how to solve a business case by Vishwadeep Kuila

Masterclass on how to solve a business case by Vishwadeep Kuila

Speaking at the grand finale of BLoC Boardroom Challenge 2021, Kuila offers realistic advice to crack a case.

'Thinking about the future will help'

'Thinking about the future will help'

Mohammed Thaysir of Chennai Business School, says students shouldn't be stuck on just getting a job

Is your job a 100-metre dash or a marathon?

Is your job a 100-metre dash or a marathon?

Treat the first three years of your job as an extension of your management programme

'For an interview, prepare thoroughly about yourself'

'For an interview, prepare thoroughly about yourself'

Great Lakes Institute of Management student, Akanksha Ahuja gives you a few tips on acing interviews

'Don't ask the interviewer irrelevant questions'

'Don't ask the interviewer irrelevant questions'

Bharath Prasad, a graduate of GLIM, says it's better to not ask questions than asking half-baked ones

Slideshow

video

BL Podcast: Bihar Political Crisis: What next for Nitish Kumar?

BL Podcast: Bihar Political Crisis: What next for Nitish Kumar?

With Nitish Kumar breaking all alliances with the BJP, it remains to be seen how the politics of Bihar would shape now.

Resources

Aug 11, 2022

RBI issues digital lending norms to curb malpractices. Read full text here

Aug 11, 2022

RBI cancels Rupee Coop Bank licence

Feb 01, 2022

Budget 2022-23: Speech of Finance Minister, Nirmala Sitharaman

Walking in Indian Cities – A Daily Agony for Millions

Will Akasa Air’s contra bet on Boeing 737 Max instead of Airbus pay off?

Rakesh Jhunjhunwala’s Akasa airline has gone against the tide, placing its bets on Boeing aircrafts; it now needs to carve out a niche for itself

Breastfeeding, a responsibility, not choice

Rate of initiation of breastfeeding within an hour of birth has declined in 5 years

Blockchain: Piloting the future of aviation

Enables effective solutions that positively impact industry players and end consumers

Q1 FY23: OMCs bleed due to marketing losses

Prices of motor fuels were kept at levels equivalent to $75-80 per barrel of crude

Bharti Airtel Q1: Inline results and stable operating metrics

Results reflect consistent progress made in recent quarters

IRB beats estimates in Q1FY23, but the stock is expensive

The company is trading at a one year forward P/E of 26.6 times against its historical average (5 year average) of 11.8 times

Auroville: An utopian search for a better world

Akash Kapur’s ‘Better to Have Gone’ traces what happens when we believe deeply in a quest and give up everything in its pursuit

Lady doctors and the rocky path to healing

A handbook on India’s first women doctors holds up a mirror to the social and political realities of the 19th and early 20th century

Conquering Everest: A compelling account of how an impossible dream was achieved

Jim Davidson dwells in detail on the failure to make it in the first attempt and the harrowing return to physically and emotionally draining climb up