Harish Krishnan, Co-CIO and head of Equity at Aditya Birla Sun Life Mutual Fund, which manages over $44 billion in funds, sees strong long-term potential in the metals sector despite recent market fluctuations. Krishnan noted that while metals have already performed well, they remain attractive due to policy shifts, fiscal support, and evolving market dynamics. […]
Why RBI’s latest liquidity boost is a big win for homebuyers – CNBC TV18
The Reserve Bank of India (RBI) has ramped up its efforts to address liquidity concerns, announcing that it will double the size of its open market operation (OMO) purchases to ₹40,000 crore for February 13—an increase from the previously announced ₹20,000 crore. This move follows the RBI’s decision to cut the repo rate by 25 […]
CNBC-TV18 is the preferred destination on Budget Day; racks up 92% viewership during FM’s speech – CNBC TV18
India’s leading business news channel CNBC-TV18 commanded an almost 92% share of television viewership during the live telecast of Finance Minister Nirmala Sitharaman’s Budget speech on February 1, 2025 (11 am–12.30 pm) according to data from BARC India. This is from the pool of subscribers for the core TG for the English business news genre […]
Ambit taps Japan’s appetite for Indian small caps with new fund – CNBC TV18
Ambit has announced the launch of a new investment fund specifically for Japanese retail investors, focusing on small-cap companies in India. The newly introduced Daiwa Ambit India Smallcap Stock Fund will invest exclusively in the Ambit Ascension Fund, based in Gujarat International Finance Tech (GIFT) city, and will feature a portfolio of around 50 small-cap […]
New Income Tax bill likely to reduce penal provisions, could streamline paperwork, claim sources – CNBC TV18
With all eyes on the new Income Tax Bill, which is slated to be tabled in Parliament this week, sources who wished to be not named, shared that “the bill could propose some measures that can help in easing the burden of litigation and could also ease some penalties and prosecution provisions.” Company Value Change […]
Budget creates new Oil Industry Development Fund to cover LPG, fertiliser subsidy shortfall – CNBC TV18
The government has introduced a new Oil Industry Development Fund (OIDF) in the latest Budget to bridge the funding gap for LPG and fertiliser subsidies. The fund outlay is set at ₹17,700 crore in the revised estimates for FY25 and ₹19,300 crore in the Budget estimates for FY26. The OIDF will be financed through collections […]
Ambit’s Dhiraj Agarwal on why stock pickers face a tough market this year – CNBC TV18
The equity markets will put stock pickers to the test as the gap between expensive and reasonably valued stocks remains wide, says Dhiraj Agarwal, MD of Ambit Investment Managers. He advises investors to look beyond sector trends and focus on individual stocks with fair valuations and steady earnings growth. Agarwal highlights that the year will […]
Budget 2025: Recognising infrastructure development as a road to Viksit Bharat – CNBC TV18
The finance minister Nirmala Sitaraman presented Union Budget 2025 on 1st February 2025. To augment growth potential and global competitiveness of India, the finance minister aims through the budget to initiate transformational reforms across six domains. These include Power Sector, Urban Development, and Taxation. The Economic Survey 2025 clearly articulates the importance of infrastructure development […]
Schemes under Export Promotion Mission to roll out in 4-5 months with ₹2,250 crore allocation – CNBC TV18
The government is in the process of finalising schemes under the Export Promotion Mission, announced in Union Budget 2025, with an allocation of ₹2,250 crore. The schemes, aimed at MSME exporters, are expected to be rolled out within the next four to five months. The Mission will be jointly driven by the Ministries of Commerce, […]
INOX Wind on track to exceed its annual margin guidance – CNBC TV18
INOX Wind delivered a strong performance in the third quarter, achieving its highest-ever earnings before interest, taxes, depreciation, and amortisation (EBITDA). The company’s EBITDA margin for the quarter improved to 22.7% from 18.4% in the same period last year. In the second quarter, INOX had guided for annualized EBITDA margin of 15%. Devansh Jain, Executive […]