On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday. The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced the market by 30 percent in the last month, compared to a 4 percent fall in the S&P BSE Sensex.…
By Administrator_India Capital Sands President Joe Biden announced a framework to invest $555 billion in funding on clean energy programs he thinks can win approval from Congress, with investments in renewable power, electric vehicles and resilience. If Congressional Democrats go along, the plan, part of a $1.75-trillion tax and spending blueprint, would represent a historic investment in fighting climate change that President Joe Biden can tout to world leaders at the high-stakes United Nations climate summit opening Sunday. The…
"US President Joe Biden unveils plan to invest $555 bn on green energy" By Administrator_India Capital Sands The world markets were waiting with bated breath for the announcement of the non-farm payroll data from the US. The data was thought to be a critical input for the US Federal Reserve to make up its mind if it was time to reduce the large amount of bond-buying being undertaken every month. The Jackson Hole commentary of Fed Chair Jerome Powell indicated a broad agreement that the US economy had…
"US Fed tapering impact on India unlikely to be as heavy as in 2013"
