Daily Market Analysis – 17th June 2021 (Dividend)
1. The government has mopped up 26,104.37 crores as dividend from 23 listed PSUs in FY21 so far, a 123.63% increase over the previous fiscal year, bringing welcome relief to a treasury that has taken a massive hit from two waves of the coronavirus pandemic. Bharat Petroleum Corp. Ltd (BPCL) leads the largest dividend-paying companies for the fiscal year 2021 with a dividend of ₹8,759.71...
Daily Market Analysis – 11th May 2021 (Industry)
Sugar Industry India’s sugar production is forecast to grow 17% to 33.7 million tonnes in the year ended September 2021. Indian sugar mills may achieve their target of exporting 6 million tonnes of the sweetener by the end of June, three months before September The surge in exports is mainly due to firm global prices and subsidy, which have made the overseas markets lucrative....
Daily Market Analysis – 21st Apr 2021
Foreign Trade Policy: The government on Wednesday extended the existing foreign trade policy (FTP) for six more months amid the coronavirus outbreak. The current policy will now be valid up to September 30, 2021. The foreign trade policy is essentially a set of guidelines for the import and export of goods and services. Covid-19 was catastrophic for international trade. Exports...
Daily Market Analysis – 16th Feb 2021
Vi 5G Rollout, Fund Raising Vodafone Idea Ltd (Vi) on Monday said it is prepared for the rollout of 5G wireless service and plans to fold up its 3G services by FY22 as it bids to move towards becoming a 4G-focussed telco in a bid to boost revenue, although it would keep its 2G services running for years given that it has a large segment of basic phone subscribers. The...