Market News Top 10 News India’s Manufacturing PMI Hits a 3-Month High in March – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: India’s manufacturing PMI hits a three-month high of 56.4 in March India’s manufacturing sector expanded at its quickest pace in three months in March on improved output and new orders. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 56.4 […] Written by Cherian Varghese April 3, 2023April 3, 2023
Market News Top 10 News World Bank Cuts India’s GDP Growth Forecast for FY23 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: World Bank cuts India’s GDP growth forecast to 6.5% for FY23 The World Bank cut its FY 2022-23 (FY23) real gross domestic product (GDP) growth forecast for India to 6.5% from an earlier estimate of 7.5%. It has warned that spillovers from […] Written by Cherian Varghese October 6, 2022October 6, 2022
Market News Top 10 News Services PMI Rises to 57.2 in August – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Services PMI accelerates to 57.2 in August India’s services sector saw gains in new business, ongoing improvements in demand conditions, and job creation during August. The S&P Global India Services Purchasing Managers’ Index (PMI) stood at 57.2 in August, compared to 55.5 […] Written by Cherian Varghese September 5, 2022September 5, 2022
Market News Top 10 News Bharti Airtel Pays Rs 8,312 crore for 5G Spectrum – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel pays Rs 8,312.4 crore to DoT for 5G spectrum Bharati Airtel Ltd has paid Rs 8,312.4 crore to the Department of Telecommunications (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. With this payment, the telco has […] Written by Cherian Varghese August 17, 2022August 17, 2022
Editorial India’s Top Upstream & Downstream Oil Companies: An Analysis The oil and gas industry is one of the eight core industries in India. It has a powerful influence on all vital sections of our economy. Based on their operations and position in the supply chain for crude oil and its products, oil companies can be mainly divided into two: Upstream & Downstream. From exploration […] Written by Cherian Varghese March 22, 2022August 1, 2022
Editorial Why Are India And Other Countries Releasing Strategic Petroleum Reserves? Amidst high oil and petroleum prices, the United States, India, China, Japan, and South Korea, to name a few, have been releasing their ‘strategic petroleum reserves’. The move, led by the US, aims to pressurise OPEC+ nations to increase the supply of oil to get the rising oil prices under control. In this piece, we […] Written by marketfeed Team December 2, 2021April 21, 2022
Editorial Global Energy Crisis 2021: Can it Impact India? For years, the world has been glorifying renewable energy or green energy. Many climate change accords have been signed, and countries have capped their carbon emission limits. However, the propensity towards ‘green energy’ seems to have left the globe in an energy crisis. The crisis that seems to have spread from Europe through Asia can […] Written by marketfeed Team October 4, 2021April 21, 2022
Editorial History of India’s Volatile Oil Prices and Taxes Petrol and diesel prices have crossed Rs 100/litre across most cities in India. There are many reasons behind it like the petrol supply crunch and the OPEC+, UAE, and Saudi dispute. Another factor that has been eating into pockets of Indian citizens that goes unnoticed is how the government taxes oil. As an estimate, for […] Written by marketfeed Team July 26, 2021April 21, 2022
Editorial Explained: OPEC+ Crisis, UAE-Saudi Clash Over Oil While India’s petrol and diesel prices have crossed Rs 100/liter in most states, the top oil-producing nations are in the middle of a price war. The war is between OPEC+, UAE, and Saudi Arabia. In case you do not know what OPEC is we highly recommend you go through this piece on marketfeed on What […] Written by marketfeed Team July 12, 2021April 21, 2022
Editorial What is OPEC and How Does it Control Global Crude Prices? Last year, the global demand for crude oil collapsed when almost all countries went into strict lockdowns amidst the Covid-19 pandemic. There was an excess supply of crude oil and a sharp decline in demand. We saw global crude prices plunge to record lows. This unfortunate situation was controlled by the coordinated efforts of the […] Written by marketfeed Team June 4, 2021April 21, 2022
Editorial Will Fuel Prices Come Down Soon? As we know, petrol and diesel prices have been rising exponentially over the past month or so. The rate of petrol has crossed Rs 100 per litre-mark in the states of Rajasthan and Madhya Pradesh. When global crude oil prices declined heavily last year, all of us expected a reduction in fuel prices in our […] Written by marketfeed Team February 25, 2021April 21, 2022
