by Vora Corporate Finance | Oct 25, 2023 | Articles, Capital Market Updates
Fitch Ratings downgraded the United States of America’s Long-Term Rating to AA+ from AAA leading to increase in US treasury yields and sell off in US stock markets. There is a small note on credit rating agencies. Indian Indices hit all time high with Nifty 50 gaining...
by Vora Corporate Finance | Oct 25, 2023 | Articles, Capital Market Updates
The 50th World Environment Day was hosted with focus on solutions to plastic pollution under the campaign #BeatPlasticPollution. We look at how plastic pollution especially our addiction to single use plastic products is choking the world and how action from various...
by Vora Corporate Finance | Oct 25, 2023 | Articles, Capital Market Updates
The Indian economy grew at a rate of 6.10% in the final quarter of the previous fiscal, pushing the overall growth rate to 7.20% for FY23 and making India fastest growing major economy for second year in the row, a remarkable achievement. Start-ups on the other hand...
by Vora Corporate Finance | Oct 25, 2023 | Articles, Capital Market Updates
The Global Banking sector engulfed in a crisis as three U.S. Banks, including SVB, failed in March 2023, leading to turbulence in the banking stocks across the world. Crisis spread to European Banks also where number of bank stocks took beating and long troubled...
by Vora Corporate Finance | Oct 23, 2023 | Articles, Capital Market Updates
RBI maintained the repo rates in the April policy meeting. The retail inflation also eased in April which should reflect favorably on RBI’s decision on rates on next MPC meeting also.The global banking crisis, that started in March, saw failure of one more large US...