Author: Sourabh Goyal

The global energy landscape is constantly evolving, and India is no stranger to the volatility of the market. As a major importer of crude oil, the country has been closely monitoring the recent developments in the OPEC+ alliance and the impact it could have on its energy security. In a recent statement, India’s Finance Minister Nirmala Sitharaman indicated that the country could turn to Russia to buy crude oil if the OPEC+ cuts lead to a surge in prices. India has traditionally relied on the Middle East for its crude oil needs, with Iraq and Saudi Arabia being its biggest…

Tata Steel, one of the world’s leading steel manufacturers, has been in talks with the UK government regarding a financial package to secure the future of its operations in the country. Despite the ongoing uncertainty surrounding the negotiations, Tata Steel’s CEO, T.V. Narendran, has expressed confidence that a positive outcome can still be achieved. Tata Steel faces challenges in the UK market, negotiates financial package with government to secure future The company’s operations in the UK have been facing significant challenges in recent years, with a combination of factors including high energy costs, competition from low-cost imports, and the impact…

The Indian stock market has always been a hotbed of activity, with investors constantly keeping an eye out for any changes in policies or announcements that could potentially impact the markets. The Reserve Bank of India (RBI) is one such institution that has a direct impact on the stock markets, particularly when it comes to interest rates. Recently, there has been a lot of speculation regarding the RBI decision to maintain the status quo on interest rates. Some experts believe that this is the best-case scenario for Nifty bulls, while others are not so sure. Let’s take a closer look…

MPC – As the Reserve Bank of India’s (RBI) Monetary Policy Committee gears up for its next meeting, two key factors will likely shape its decision-making process – the fluctuation of oil prices and the unpredictability of the monsoon season. Oil prices have always been a significant factor in the Indian economy, especially since the country is heavily reliant on oil imports. Any sudden increase or decrease in prices can have a cascading effect on the overall inflation rate, which in turn can impact the MPC’s decision on interest rates. The monsoon season is another crucial factor that can impact…

The world is currently facing one of its toughest challenges yet- the aftermath of a global pandemic that has affected every sector, every industry, and every individual. The economic impact of the pandemic has been massive, with millions of jobs lost, businesses shut down, and economies left in shambles. Unfortunately, experts predict that half a million job cuts could be just the start of what is to come. Industries Struggle: Pandemic Job Losses Far from Over As reported by the Economic Times, half a million job cuts are only the tip of the iceberg. Many industries have been hit hard…

OPEC’s surprise oil production cut presents a significant challenge to India’s already struggling economy, as the sudden spike in oil prices threatens to derail the government’s efforts to revive growth and overcome the economic agonies. The Organization of Petroleum Exporting Countries (OPEC) has been a major player in controlling the oil supply and demand dynamics worldwide. The recent surprise cut in oil production by OPEC has sent ripples across the world, including in India. The country, already grappling with economic challenges, is now faced with the daunting task of dealing with soaring oil prices. India is heavily reliant on oil…

In a country as vast and diverse as India, with a population of over 1.3 billion people, the need for efficient and effective procurement processes cannot be overstated. Over the past few years, e-commerce has emerged as a game-changer in this regard, revolutionizing the way businesses and the government procure goods and services. According to recent reports, the value of e-market procurements in India has surpassed Rs. 2 lakh crore, a significant milestone that underscores the growing importance of online procurement platforms in the country’s economy. The Rise of E-Commerce The rise of ecommerce in India can be attributed to…

Big Changes Coming to F&O Trading The National Stock Exchange (NSE) has recently made an announcement that is set to shake up the world of Future & Option (F&O) trading. From March 30, 2024, the ‘Do Not Exercise’ (DNE) feature for F&O traders will be eliminated, and this will have significant implications for the volume of options trades. This move is aimed at discouraging high-risk options trading and increasing cash trading, which could be beneficial for low-risk traders and investors. However, it may impact F&O traders, and they need to be more careful from the next financial year. F&O trading…

The Indian government introduced the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in February 2019 with the intention of offering financial support to farmers all over the nation. To assist qualifying farmers with their agricultural requirements and support their livelihoods, the programme offers direct cash payments. Farmers that participate in the PM-KISAN programme receive 6000 rupees per year in three equal installments of 2000 rupees each. The program’s effect on farmers’ livelihoods all around the nation has been extensively praised. The programme is intended for landowners who are also active farmers. The farmer must be an Indian national and possess…

Adani Airports, a subsidiary of the Adani Group, is planning to bid for more airport projects in India as part of its ambitious plans to become the country’s leading airport operator, according to the company’s CEO, Arun Bansal. The Indian government recently privatized six airports, all of which were won by Adani Airports. Bansal has now announced that the company will participate in the bidding process for about a dozen more airports that are expected to be privatized in the coming years. Adani Airports set to expand operations as India’s aviation market booms India’s aviation market is experiencing tremendous growth,…