Under the PM-KISAN scheme, the Centre transfers an amount of Rs 6,000 per year, in three equal instalments, directly into the bank accounts of the farmers
The market churn throws up new winners and losers in BT 500.
An analysis of BT 500 data shows double-digit income and profit growth but market valuations have gone for a toss
Corporate India strengthened its resolve and tightened its belt, but
slowdown hit market capitalisation of BT 500 companies for the first
time in seven years.
There are numerous reasons for this mess. To begin with, retail prices of petrol and diesel hit record highs in October 2018 due to high international crude oil prices
Average market cap of BT 500 companies has fallen. Unless corporate earnings grow and performance of mid- and small-caps improves, there seems no recovery in sight.
LIC's entry into IDBI Bank, the biggest player among top m-cap gainers in banking, brings hope for investors.
In spite of growing challenges, information technology majors recorded the biggest jump in average market cap between October 2018 and September 2019.
Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.
There are fewer new entrants in BT 500 this year, and their market value is also lower.
A decade back, Mukesh Ambani was criticised for not scaling Reliance Industries as a global player in petroleum. Now his conviction about the Indian market is finally paying off
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