Categories Economy Sensex

Result Season so Far: Profits Surge As Input Costs Fall

The corporate results of first quarter of FY24 so far (excluding financial services firms) have reflected a substantial surge in profits but a decline in net sales,. Out of the 635 non-financial companies that have reported their results, the combined sales have decreased by 2.82% to reach ₹13.91 lakh crore, according to data from the CMIE. Remarkably, even Reliance Industries, the country’s largest revenue-generating company, faced a 4.69% drop in revenues, totaling ₹2,31,132 crore, alongside a 10.8% decrease in net profit, amounting to ₹16,011 crore.

Categories Economy Politics

The Perils of Freebie Culture in Indian Politics: A Threat to India’s Economy

It is a well-known fact that nothing in this world comes for free. However, human psychology often inclines people towards the allure of free gifts, vouchers, and other offerings provided by marketing companies. These companies aim to entice potential customers legally, with full disclosure, and ultimately convert them into clients.

Categories Economy Financial News

3 Compelling Reasons Investors Should Embrace Emerging Markets

Emerging market stocks have been overlooked by investors for most of 2022 & this year, but it’s time to take notice as this undervalued asset class could make a come back in the second half of 2023.

Emerging markets (EM) have experienced a more turbulent ride than the already volatile U.S. stock and bond markets over the past 2 years. Currently, EM stocks are enduring one of their longest bear markets, with the MSCI Emerging Markets Index down approximately 40% from its peak in February 2021.

Categories Economy

Indian Banks Unlikely to Face the Crisis That Has Gripped US Banks and Credit Suisse

Indian banks are likely to not face the same ALM (Asset Liability Mismatch) crisis that has gripped a few US banks and Credit Suisse. If you haven’t read our previous article on the main issue plaguing the western banking system (https://arunasset.com/svb-bank-collapse-whats-asset-liability-mismatch/), then we suggest you do so before going ahead with this.

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