EV sales zoom past 1 million in 2023

Electric vehicle (EV) sales in India topped the 1 million mark in less than nine months in 2023, a milestone that took an entire year in 2022. According to data from the Ministry of Road Transport and Highways’ Vahan Dashboard, 1,037,011 EVs were registered with regional transport offices till September […]

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25-bp deposit rate hike likely this festival season

The Reserve Bank of India’s (RBI’s) decision to withdraw the incremental cash reserve ratio (I-CRR) is expected to benefit banks during the festival season. They are likely to increase deposit rates by up to 25 basis points (bps) in select maturity buckets. The rise in demand for funds to cover […]

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Expansion, value unlocking key triggers for NTPC

The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India’s post-Covid-19 recovery continues. India’s leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India’s power capacity. It continues to increase installed capacity, in […]

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The 10 Cities With The Worst Traffic on Earth

Motorists worldwide have left the pandemic behind and are back on the roads. However, this resurgence poses a significant challenge for several of the world’s cities, as they grapple with severe traffic congestion. To determine the cities with the worst traffic congestion, 24/7 Wall St. reviewed the annual Global Traffic […]

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Futures Point To Broadly Lower Open For Wall Street

On Tuesday, there are no major economic announcements. Investors might be looking ahead to the Consumer Price Inflation report on Wednesday. Asian shares finished broadly up, while European shares are trading mostly down.Initial trends on the U.S. Futures Index suggest that Wall Street might open mostly lower. As of 7.55 […]

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