India is sizzling amid soaring temperatures and heatwaves, with experts sounding the alarm over strong El Nino conditions weighing on rainfall in the latter half of the year, which could negatively impact some sectors in the Indian stock market while benefiting few others. El Nino years are marked by an unusual warming of the central…
Indian equity benchmarks eked out modest weekly losses, weighed down by persistent foreign institutional investor outflows and lingering uncertainty over US-India trade talks. Sentiments improved toward the close, however, with markets ending the week on a firmer note after the US Federal Reserve delivered a 25-basis-point interest-rate cut. The Nifty jumped 0.57 per cent on…
India’s chemical and petrochemical industry is charting a path towards becoming a global powerhouse, integral to the nation’s economic vision of a USD32 trillion economy. This ambitious journey hinges on a dynamic chemical sector, with manufacturing output projected to increase by an extraordinary 50 times, reaching USD6 trillion. This growth will be driven by strategic…