15 December 2023

Introduction: An ET Bureau article highlights Indian equity benchmarks Sensex and Nifty settling at record closing highs driven by the US Federal Reserve signaling interest rate cuts in 2024. Analysis for layman: The Sensex closed above the 70,000 mark for the first time ever, ending at 70,514. Meanwhile, the Nifty finished above the 21,000 milestone, […]

Introduction: An Economic Times article reports that India Inc.’s appetite for capital expenditures remains robust despite global uncertainties, signaling the start of a private investment boom. Analysis for layman: Capex refers to capital expenditures or funds used by companies to acquire, upgrade, and maintain physical assets like property, buildings, technology etc. India Inc. is a

Introduction Indian pharmaceutical company Biocon is considering selling its generic Active Pharmaceutical Ingredient (API) business as part of its strategy to reduce debt, according to a recent report in the Economic Times. Analysis for Layman Active Pharmaceutical Ingredient (API) refers to the key component or substance in a pharmaceutical drug that produces its therapeutic effect.

Introduction Adesh Gupta has announced his resignation as a non-executive director from the board of Zee Entertainment Enterprises Ltd (ZEEL) before the upcoming Annual General Meeting (AGM) scheduled for December 16, 2023. Analysis for Layman Zee Entertainment Enterprises Ltd (ZEEL) is a prominent Indian media and entertainment conglomerate known for operating a variety of television

Introduction The BFSI (Banking, Financial Services, and Insurance) segment has become the leading driver of office space leasing in 2022, surpassing the information technology sector. It now accounts for 23% of total office space absorption, compared to just 11% in 2019. This shift is primarily driven by increased hiring and growth plans within the BFSI

Introduction Adani Green Energy has announced the addition of two new wholly-owned subsidiaries – Adani Renewable Energy Fifty One Ltd and Adani Renewable Energy Fifty Five Ltd through its existing arms. Analysis for Layman Adani Green Energy Limited (AGEL) is India’s largest renewable energy company, part of the Adani conglomerate, with over 20 gigawatts of

Introduction Adani Group has announced a rise of 13.7% in its cash reserves to ₹45,895 crore in the first half of FY2024, offering respite amid recent stock routs triggered by short-seller allegations. Analysis for Layman The Adani Group The Adani Group is one of India’s leading business conglomerates with interests across ports, power, renewable energy,

Introduction India and the United States have reaffirmed joint commitment to tackle global illicit finance threats through enhanced information exchange and coordinated regulatory action on issues like cryptocurrencies. Analysis of this news for a layman India and the United States held the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) bilateral dialogue focused on mitigating

Introduction As the Sensex breached the 70,000 milestone, the often overlooked PSU stocks have emerged front-runners – cumulatively adding over ₹26 lakh crore in market value and even surpassing private sector giants. Analysis of this news for a layman The BSE Sensex is India’s leading stock market index made up of the 30 largest and

Introduction The rupee has lagged behind Asian peers in recent sessions despite overseas inflows, as the RBI has looked to absorb flows to rebuild reserves buffers rather than let currency appreciate. Analysis of this news for a layman The RBI or Reserve Bank of India is India’s central bank responsible for managing currency, money supply