Sensex rallies over 500 pts in early trade, Nifty tops 17,650

NSE Nifty 50 advanced 0.9% at 17,692 and BSE Sensex rose 1.02% to 59,416

Portfolio Podcast | What are the implications of RBI’s rate increase on stock markets

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

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.

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PNC Infratech Q1FY23 holds promise with robust orderbook and profitability

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Q1 FY23: OMCs bleed due to marketing losses

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Bharti Airtel Q1: Inline results and stable operating metrics

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Hindalco net up 47% to ₹4,119 cr on lower base, higher realisation

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IRB beats estimates in Q1FY23, but the stock is expensive

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Weekly Rupee View: INR to remain sideways

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Royal Enfield Hunter 350 review

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

Top Gainers/Top Losers

Stocks

Commodities

Forex

Gold & Silver

Sensex rallies over 500 pts in early trade, Nifty tops 17,650

Asian shares rally on softer-than-expected US inflation

Social audits oversight: ICAI central council to decide on SRO by month-end, says ICAI’s Mitra

SEBI's grievance redressal platform disposes of 2,245 complaints in July

Tata Chemicals gains 12% on strong Q1 results

Go short on copper futures

Alloy and stainless steel exports up April-June period

₹50,000 crore forex saved by blending ethanol with petrol in 7-8 years: PM

To buy Russian coal, Indian companies swapping dollar for Asian currencies

Hindalco Industries Q1 PAT rises 47.7% to ₹4,119 crore

Rupee trades in narrow range against US dollar in early trade

Rupee rises 15 paise to close at 79.48 against US dollar

Rupee rises 11 paise to 79.52 against US dollar in early trade

Weekly Rupee View: INR to remain sideways

Rupee falls 40 paise to close at 79.64 against US dollar

Go short on copper futures

Alloy and stainless steel exports up April-June period

₹50,000 crore forex saved by blending ethanol with petrol in 7-8 years: PM

To buy Russian coal, Indian companies swapping dollar for Asian currencies

Hindalco Industries Q1 PAT rises 47.7% to ₹4,119 crore

Opinion

Trending

Airlines told to furnish all details of passengers to Customs Dept

IDFC reports consolidated PAT of ₹252 crore in Q1

Vedanta’s Tamil Nadu Sterlite copper plant has multiple bidders: Anil Agarwal

Nitish Kumar takes oath as Bihar CM for a record eight-time

Books

Economy

Corporate Affairs Ministry struck-off 4.33 lakh companies in last five years

Corporate Affairs Ministry struck-off 4.33 lakh companies in last five years

As many as 49,921 companies got removed from Register of Companies in 2021-22 alone

Forging industry body says auto electrification may lead to the closure of 60% of units

Forging industry body says auto electrification may lead to the closure of 60% of units

FY23 will see a dip in capacity utilisation due to poor auto demand

Despite inflation, apparel retailers to stitch 21-23% revenue growth this fiscal

Despite inflation, apparel retailers to stitch 21-23% revenue growth this fiscal

Large retailers can expect faster growth rate than smaller players this fiscal, says a Crisil report

Centre releases 2 instalments of tax devolution worth ₹1.17-lakh crore to States

Centre releases 2 instalments of tax devolution worth ₹1.17-lakh crore to States

Centre releases 2 instalments of tax devolution worth ₹1.17-lakh crore to States

Agri Business

Ukraine grain shipments from key centre expects "big uptick''

Good signs on crop insurance front as gross premium declines by 11%

‘Abnormal’ trend in domestic cotton futures worries textile industry

ICAR develops vaccine against Lumpy Skin Disease

Monsoon damage: Maharashtra farmers to get additional compensation

Haryana CM assures Basmati exporters of relief in market fees

Soyabean ending stocks seen at record 27.22 lakh tonnes this season

Money & Banking

Q1 results: PB Fintech loss widens to ₹204 crore

Q1 results: PB Fintech loss widens to ₹204 crore

PB Fintech, the parent firm of online insurance broker Policybazaar, had posted a loss of ₹110.84 crore in Q1 FY22

RBI rate hike triggers increase in interest rate on bank deposits

RBI rate hike triggers increase in interest rate on bank deposits

Several banks have hiked fixed deposit rates in certain maturity buckets by 10–25 bps.

AU Small Finance Bank mops up ₹2,500-cr via QIP and Tier-II issues

AU Small Finance Bank mops up ₹2,500-cr via QIP and Tier-II issues

Capital raise to support growth plans over the medium term

RBI issues digital lending norms to curb malpractices

RBI issues digital lending norms to curb malpractices

The framework prohibits automatic increases in credit limits without the explicit consent of the borrower.

RBI cancels Rupee Co-operative Bank’s licence

RBI cancels Rupee Co-operative Bank’s licence

The co-op bank will cease to carry on banking business, with effect from September 22, 2022

Yubi Loans sees 200 per cent growth in transaction value in FY22

Yubi Loans sees 200 per cent growth in transaction value in FY22

Yubi Loans has registered transactions worth more than ₹10,000 crore across 30 major sectors

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

Airlines told to furnish all details of passengers to Customs Dept

IDFC reports consolidated PAT of ₹252 crore in Q1

Vedanta’s Tamil Nadu Sterlite copper plant has multiple bidders: Anil Agarwal

Nitish Kumar takes oath as Bihar CM for a record eight-time

Shree Renuka Sugars pares Q1 loss to ₹103.4 crore on higher income

Microsoft joins ONDC network, to launch a shopping app in India

MoPNG suggests gas-based power purchase obligation to revive plants

Elon Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

Editor's pick

IRCTC Q1 net zooms 196% to ₹246 crore on strong travel, tourism recovery

IRCTC Q1 net zooms 196% to ₹246 crore on strong travel, tourism recovery

Q1 bottomline as well as revenues beat year-on-year as well as sequential quarterly performance

Corbevax approved as precaution dose for adults vaccinated with Covaxin, Covishield

Corbevax approved as precaution dose for adults vaccinated with Covaxin, Covishield

This is for the first time that a booster dose that is different from the one used for primary vaccination against Covid has been allowed

Alloy and stainless steel exports up April-June period

Alloy and stainless steel exports up April-June period

Sales of semi-finished alloy steel was up 729 per cent in June

₹50,000 crore forex saved by blending ethanol with petrol in 7-8 years: PM

₹50,000 crore forex saved by blending ethanol with petrol in 7-8 years: PM

Indian Oil Corporation’s ₹900 crore ethanol plant to provide permanent solution to stubble burning

WhatsApp has not abused dominant position in India, rules NCLAT

WhatsApp has not abused dominant position in India, rules NCLAT

NCLAT also said the law laid down by foreign authorities is not binding on it

Infosys CEO sees moderation in attrition over coming quarters

Infosys CEO sees moderation in attrition over coming quarters

Infosys hired a record 21,000 in the just concluded quarter as the attrition rose to 28.4 per cent in June 2022 quarter

To buy Russian coal, Indian companies swapping dollar for Asian currencies

To buy Russian coal, Indian companies swapping dollar for Asian currencies

India has ramped up Russian coal imports since Ukraine war and the June trade data reveals non-dollar payments becoming common besides Chinese yuan an

Nitish takes oath as Bihar CM, Tejashwi as his deputy

Nitish takes oath as Bihar CM, Tejashwi as his deputy

JD(U) leader Nitish Kumar took oath as Bihar chief minister for the eighth time

Multimedia

Companies

SAIL Q1 net profit falls 79% to ₹804 crore

SAIL Q1 net profit falls 79% to ₹804 crore

SAIL’s total income rose to ₹24,199.51 crore from ₹20,754.75 crore in the year-ago quarter

‘We will see a sort of parallel growth in both ICE and EVs in India‘

‘We will see a sort of parallel growth in both ICE and EVs in India‘

Piyush Arora, MD, Škoda Auto Volkswagen India speaks about the future of ‘India 2.0’ and the EVs that are coming soon

Canada’s coffee brand Tim Hortons to enter India

Canada’s coffee brand Tim Hortons to enter India

To open 120 stores over 3 years at ₹240-crore investment

PE/VC investments and exits in July declined 70% due to the absence of large deals: IVCA-EY report

PE/VC investments and exits in July declined 70% due to the absence of large deals: IVCA-EY report

Startup investment declined 76 per cent on a year-on-year basis

BEML to execute $19.76-million order for the Cameroon Cassava project

BEML to execute $19.76-million order for the Cameroon Cassava project

BEML will supply 71 units of earth-moving equipment for the Cassava Project

Hospitality industry is demonstrating robust growth after pandemic blues: ITC’s Sanjiv Puri

Hospitality industry is demonstrating robust growth after pandemic blues: ITC’s Sanjiv Puri

ITC launches 291-key premium luxury hotel ITC Narmada in Ahmedabad

Info-tech

IT firms laid low by high attrition rate

IT firms laid low by high attrition rate

While some companies are expecting the high rate to continue for some time, others say it is slowing down

Computacenter to hire 900 employees by Dec, expand footprint in India

Computacenter to hire 900 employees by Dec, expand footprint in India

The UK-based IT company plans to tap into the large pool of talent in India

US testing firm Qualitest buys ZenQ

US testing firm Qualitest buys ZenQ

Acquisition to expand Qualitest’s capabilities in Phygital, Analytics, Blockchain and DevOps

Spotify redesigns home screen, splits music and podcasts feed

Spotify redesigns home screen, splits music and podcasts feed

Spotify is currently rolling out its homepage redesign on Android

Google launches web version of its ‘Read Along’ app for kids

Google launches web version of its ‘Read Along’ app for kids

Google’s Read Along Android app was launched in 2019

Infosys CEO sees moderation in attrition over coming quarters

Infosys CEO sees moderation in attrition over coming quarters

Infosys hired a record 21,000 in the just concluded quarter as the attrition rose to 28.4 per cent in June 2022 quarter

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

Feb 01, 2022

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

Feb 01, 2022

Key feaures of Budget 2022-23

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