Megatrends are dominant, transformative forces that have the potential to change the global economy, business, and society and have been changing the way we live for centuries. Consider electricity, the automobile, the Internet and Smartphones. Identifying the possibility of change is the critical driver of investment decisions. The understanding of megatrends is crucial to get valuable insights w...

WTI crude has been stuck in the range of $87-$92 in the past one week. Sentiment has turned bearish despite disruption of oil passing from Ukraine through Europe. Although the disruption has been resolved but market is focusing on the upcoming recession and demand destruction which is why we have seen the crude market struggling. OPEC saw its combined crude oil production at 38.70 million bpd la...

After a non-event kind of July futures expiry, the USDINR pair was seen catching a roller coaster ride. The weaker dollar, probable 5G spectrum inflows, and RBI’s selling side intervention resulted in a breakout of crucial support of 79.70 and 79.50 in Indian Rupee. The bearish momentum was seen extending up to 78.50 in a matter of just 3 days, without much changes in fundamentals. The story d...

in 2022, the Indian equity market for the first time ranked amongst the top five globally, climbing two positions from the start of the year despite weak global performance. India stands strong at 75 and as we enter our Amrit Kaal, we look back at the past 75 years and celebrate the foundations which would enable us to propel towards 100! The beginnings of this tremendous journey were humble in or...

Mall developer Phoenix Mills Ltd. reported better-than-expected earnings performance on key parameters of revenue and Ebitda (earnings before interest, tax, depreciation and amortization) in the June quarter, which was aided by improving consumption at its malls.Total consumption in Q1FY23 at Rs21.90 crore was 123% of pre-covid quarter of Q1FY20. Consequently, incremental revenue share contributed...