CNBC-TV18 Special Podcast: Recent Episodes
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The CNBC-TV18 Special Podcast covers trends that have an impact on the daily lives of the masses. Experts from sectors like economy, healthcare, banking, finance, autos and technology will discuss the latest developments in various fields. Tune in to the CNBC-TV18 Special Podcast for more.
Find out how YouTube and short-form content are reshaping the way consumers discover and understand new age products. Through the story of Deconstruct, we unpack how creators and smart digital storytelling simplify the user journey. Watch Malini Adapureddy CEO Deconstruct & Prateek Jain CBO Deconstruct along with Dr. Aanchal to see how platforms like YouTube Shorts are influencing purchase decisions in real time.
What happens when fashion meets tech, creators, and a whole lot of digital magic?
Join RJ Abhinav as he steps inside the world of AJIO — where trends are born, creators rule the runway, and YouTube Shorts fuels the next big fashion wave.
From decoding how brands build authenticity with creators to discovering the real algorithm of style, this one’s got it all — humor, hustle, and hot takes on digital fashion! Featuring: Derek, CSO, AJIO; Arpan, CMO, AJIO; and creator Manav Chhabra.
In this episode of Navigate with HSBC, Shekhar Daga, Head of Private Capital at ICICI Prudential AMC, offers strategic insights for investors in India's private capital markets. He focuses on long-term wealth creation, addressing myths, risks, and opportunities in this evolving asset class.
Shekhar advises first-time investors to avoid over-allocation and suggests a diversified approach across asset classes like private equity, real estate yields, and credit. Key investment principles include understanding risk, protecting capital, and maintaining strategic discipline.
He notes the maturity of India's private capital ecosystem, highlighting improvements in transparency, investor communication, and reporting standards, especially with professional fund managers.
Drawing from global experiences, Shekhar underscores the importance of discipline in investing and life. This discussion is essential for those seeking to diversify portfolios and confidently navigate private market dynamics.
Subscribe to HSBC India for more such engaging episodes featuring the sharpest minds in finance and investment.
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In this insightful episode of Navigate with HSBC, Shekhar Daga, Head of Private Capital at ICICI Prudential AMC, provides an expert perspective on the evolution of India's private capital ecosystem and the renewed confidence global investors have in India's long-term growth prospects.
Shekhar highlights a significant $3.2 billion private credit deal in India, which attracted substantial interest from global investors. This demonstrates strong confidence in the resilience of Indian businesses and the enhanced credibility of its borrowing landscape, particularly following IBC reforms.
He discusses essential long-term macro trends for investors, stressing the importance of thorough due diligence in private credit, where there are no stop-losses. Key considerations include understanding sponsor behaviour across cycles, assessing the sustainability and maturity of the business, ensuring regular interest servicing, and evaluating the quality of collateral.
Additionally, Shekhar explains the advantages of Alternative Investment Funds (AIFs) for private credit, noting their flexibility, alignment with investor timelines, and freedom in deal structuring, which traditional vehicles often lack. This makes AIFs particularly suitable for India's evolving credit market.
Subscribe to HSBC India’s channel for more expert conversations that help you navigate complex financial markets and make smarter investment decisions.
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In this insightful episode of Navigate with HSBC, Shekhar Daga, Head of Private Capital at ICICI Prudential AMC, provides a timely analysis of the evolution of private capital in India. As global capital dynamics shift and domestic investors become more proactive, Shekhar elucidates the implications for businesses, investors, and capital markets.
He discusses how India's evolving investment landscape is fostering long-term opportunities, emphasising the growing importance of patience and conviction, and the increasing sophistication of private capital. Shekhar also highlights the rising influence of family offices, the significance of private credit, and the need to align investment strategies with India's structural growth themes.
To explore the surprising parallels between fitness, discipline and alternative investing. Whether it is pushing limits or with your portfolio, breakdown strategies and shift in mindset for creating consistent long-term wealth.
Hear from an industry veteran, the importance of having a prudent approach when investing, the risks of overly aggressive strategies and the benefits of seeking investments with a strong margin of safety. In this engaging conversation featuring Anshu Kapoor, President and Head of Nuvama Asset Management, on Navigate with HSBC he shares valuable insights into constructing balanced portfolios, managing risk effectively, and aligning your investments with clear, strategic goals.
Subscribe to HSBC India for more valuable episodes, market insights, and financial strategies to empower your investment journey.
Join Anshu Kapoor, President and Head of Nuvama Asset Management, on this insightful episode of Navigate with HSBC. In a thought-provoking conversation, Anshu explores India's promising alternative investment landscape, emphasizing macroeconomic strengths, emerging market opportunities in unlisted and listed AIF structures.
He delves into why India's economic fundamentals position it uniquely among global markets. He discusses the investment opportunities presented by large-cap domestic companies, highlighting how investors can capitalize on India's robust growth trajectory and favourable global standing.
Don’t miss this opportunity to gain valuable perspectives on India's dynamic economy, practical investment insights, and strategic guidance on investing in AIFs from a leading voice in asset management.
Gain expert insights into effective wealth creation strategies in this engaging episode featuring Anshu Kapoor, President and Head of Nuvama Asset Management, on Navigate with HSBC. Anshu offers an in-depth perspective on building resilient portfolios, navigating market volatility, and harnessing the power of smart asset allocation.
From his perspective, India's macroeconomic fundamentals could not be stronger, and its position within the global order has never been better. He believes this advantageous starting point creates a significant amount of opportunity, particularly within large-cap, domestically oriented companies.
Subscribe to HSBC India for more valuable episodes on navigating your financial future.
India's eldercare needs are growing faster than ever. It's no more just medical care and attention that they seek. All the more reasons why it's important for us to understand - what is it that elders truly want?
By 2031, over 193 million Indians will be senior citizens-a massive jump from 103 million in 2011 (PIB, Government of India). But this isn't just about numbers-it's about real people, real families, and real challenges.
In our latest podcast with Asheesh Gupta, founder of Samarth Elder Care, we explore the emotional and practical sides of eldercare - what's missing, what matters and how Samarth is helping families support their loved ones from afar!
The podcast speaks about the urgent physical, emotional, and logistical needs families must understand about eldercare. Mr. Asheesh shares some key precautions families should take when caring from afar. He covers how Samarth's wide range of services is helping elders feel safe, healthier and more supported every day. Tune in to know what seniors truly want, the practical gap families face and how Samarth is working to fill these needs.
A must listen for every generation with ageing parents or loved ones back home to understand what our elders truly seek from us! Whether you live in India or abroad, If you're building a care plan for your elders or loves ones or will soon plan one, then this insightful conversation is for you!
What’s driving NRIs back to India for wealth building? In this episode on "Investing in India as an NRI", we invite Abhilash Narayan Investment Strategist, HSBC Private Bank and Premier Wealth to share his perspectives on why India stands out as a global investment destination. Hear the full conversation on our podcast Navigate with HSBC – NRI Banking, in association with CNBC-TV18.
Explore India's compelling economic growth story with Sumeet Narang, Founder & Managing Director of Samara Capital, in this engaging podcast from the Navigate with HSBC series. Sumeet shares his expert views on the factors driving India's robust economic trajectory, the role of AIF’s, key sectors poised for growth, and how investors can tap into emerging opportunities like private equity in this rapidly evolving market.
In this insightful conversation, you'll gain valuable perspectives on India's investment climate, including how shifts in demographics, rising consumer demand, digital transformation, and policy reforms are shaping the country's economic future. Sumeet also explores the implications of global macroeconomic trends on the Indian market and provides practical guidance for investors looking to navigate uncertainty and build resilient, future-ready portfolios.
Explore the dynamic world of Alternative Investments in this insightful podcast featuring Sumeet Narang, Founder & Managing Director of Samara Capital, on Navigate with HSBC. In this engaging discussion, Sumeet dives deep into Alternative Investment Funds (AIFs), highlighting their growing importance in building diversified, resilient portfolios for both individual and institutional investors.
Understand how alternative assets like private equity, venture capital, and other non-traditional investment avenues can offer unique opportunities, potentially delivering attractive returns while managing risk effectively. Sumeet explains the nuances of navigating these alternative asset classes, sharing his expert perspective on identifying value, mitigating potential pitfalls, and successfully integrating alternatives into your overall investing strategy.
Join Sumeet Narang, Founder & Managing Director, Samara Capital, in an insightful conversation on AIFs in the latest episode of Navigate with HSBC. In this engaging podcast, Sumeet dives deep into the evolving investment landscape, wealth-building, strategies using private equity, and how investors can navigate volatility to secure and grow their wealth.
What is it like to experience banking in India through the eyes of an expat?! From international money transfers to mobile banking apps, the Indian financial landscape can feel like a maze for newcomers. In our latest episode of Expat Banking on Navigate with HSBC, we hear directly from someone who’s lived the experience.
Meet Tom Acton, Global Head of Strategy, HSBC Global Operations in conversation with Ms. Ritu Singh, Anchor CNBCTV18. Having relocated from England to India, Tom takes us through the realities of starting over in a new country—financially and otherwise. He shares his personal journey of adapting to the Indian banking ecosystem, from opening local accounts and understanding UPI, to setting up his family’s finances and applying for a credit card.
If you’re an expat moving to India or planning to, this episode offers invaluable first-hand insights into the dos and don’ts of banking here. Discover what Tom wished he knew before moving, how HSBC supported his transition, and how India’s advanced digital banking system compares to global standards. From remittances and real-time payments to the unexpected cultural nuances of managing money in a new land—Tom unpacks it all with clarity and candour.
Whether you're a newcomer, an expat in transition, or just curious about the expat banking experience in India, this episode is your go-to guide.
🎧 Tune in to hear our episode on “Banking in India as an Expat” on, Navigate with HSBC – NRI Banking Services” in association with CNBC-TV18.
What are the strongest tailwinds shaping India's market story today? In this episode of Navigate with HSBC, Aashish Somaiyaa, ED & CEO of WhiteOak Asset Management, joins Nigel D’Souza, Editor, CNBC-TV18, to spotlight three powerful investment themes: Manufacturing, Financial Services, and Discretionary Consumption.
He explains why these sectors hold long-term promise, how market cycles create opportunity, and shares his golden rule of investing — a must-watch for both seasoned and fresh investors, alike.
If you're looking to understand where smart money is headed, this conversation is packed with clarity and actionable insights!
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AIFs are fast becoming the go-to for sophisticated investors — but why? In this episode of Navigate with HSBC, Aashish Somaiyaa, ED & CEO of WhiteOak Asset Management, unpacks the growing relevance of Alternative Investment Funds (AIFs) with Nigel D’Souza, Editor, CNBC-TV18.
He explains how AIFs offer access to private markets, micro-caps, pre-IPOs, and flexible fee structures — opportunities that traditional mutual funds simply cannot provide.
Find out why investors looking to move beyond mass-market instruments are increasingly choosing AIFs to diversify and strengthen their portfolios.
Watch now for sharp insights from one of India's leading voices in asset management on Navigate with HSBC.
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When markets turn volatile and earnings growth slows, how should investors recalibrate? In this episode of Navigate with HSBC, Aashish Somaiyaa, ED & CEO of WhiteOak Asset Management, shares practical strategies for portfolio rotation, market cycles, and why India remains a bright spot amid global uncertainty. In conversation with Nigel D'Souza, Editor, CNBC-TV18, they unpack market dynamics, earnings outlook, and where the smart money is headed in FY26.
Don't miss this deep dive into asset allocation and emerging opportunities.
In this contemplative and deeply personal episode of Navigate with HSBC, Prashant Jain, Founder & CIO of 3P Investment Managers, shares timeless lessons he has gleaned from over three decades of investing.
What can markets teach us about life, and vice versa? Markets don’t just test your portfolio—they test your character. In this contemplative and deeply personal episode of Navigate with HSBC, Prashant Jain, Founder & CIO of 3P Investment Managers, shares timeless lessons he has gleaned from over three decades of investing.
Investing in today’s market? Wondering how investors should approach portfolio building in uncertain market environment? Join renowned investor Prashant Jain, Founder & CIO of 3P Investment Managers, in a candid and insightful podcast on Navigate with HSBC.
In this insightful excerpt Prashant Jain explores the current market landscape, risk management strategies and the evolving role of alternative investment funds. He shares his playbook for asset allocation and long-term wealth creation.
Ready for a masterclass in investing? Join renowned investor Prashant Jain, Founder & CIO of 3P Investment Managers, in a candid and insightful podcast on Navigate with HSBC.
India’s real estate market is booming- and NRIs are at the heart of it. But with great opportunity comes great complexity.
Join host Deepak Nargund, CFO of India Assetz, as he breaks down market trends, emerging hotspots, legal and tax considerations, and the rise of tech-driven property management. Whether you're investing for personal use or building a global portfolio, this podcast is your go-to resource for navigating India’s dynamic property landscape- stress-free and from anywhere in the world.
Subscribe now and unlock the knowledge to invest, manage, and grow your wealth confidently.
This week’s stock market performance has been turbulent, with the Nifty down just 0.5%, but there was a lack of conviction at higher levels. Despite solid results from major companies like Reliance and HDFC Bank, uncertainty prevailed due to upcoming events, including India's budget announcement and the expiry of January futures series. The Nifty has held above the crucial 23,000 mark, but market sentiment remains cautious.
The earnings season has been a mixed bag. Companies that posted strong results, such as Dixon Technologies, were initially rewarded but then saw their stocks fall due to already high expectations. Conversely, companies like Science and Polycab, despite delivering positive results, saw significant declines, reflecting the market’s high anticipation for better-than-expected performances. Mid-caps, like CoForge and Persistent Systems, stood out this week, outperforming their large-cap counterparts due to positive earnings and optimistic guidance.
In this CNBC-TV18 Special Podcast Editors of India's No. 1 business news channel give their take on what transpired in the week gone by and what to look forward in the upcoming week.In the past two weeks (January 6-17) Dalal street has seen a decline of nearly 3%. While, IT stocks have witnessed a sharp 7% decline in the week gone by, it seems like there is plenty of action in the coming week (Jan 20-17). In this CNBCTV18 Special Podcast Editors of India's No.1 Finance News channel give their take on what transpired in the week gone by and what to look forward in the upcoming week.Here are some key highlights from the discussion between Prashant Nair, Nimesh Shah, Reema Tendulkar, Nigel D'Souza and special guest Rahul Arora, CEO at Nirmal Bang Equities. Tune in to the Special Podcast on what investors experienced in the market this week.
Get ready for an exclusive journey into the future of banking! Watch the special podcast of CNBC-TV18 presents AI Dialogues, in collaboration with IBM, as we delve deep into the transformative power of GenAI in the BFSI industry. Join industry leaders Avinash Raghavendra, Head of Information Technology at Axis Bank, and Viswanath Ramaswamy, Vice President, Technology Leader at IBM, as they share insights about leveraging AI-powered solutions to drive growth, innovation, and operational efficiencies in banking.
With the rise of social media, blogs, and streaming services, there is a seemingly endless demand for high-quality, engaging content. No wonder in today's digital age, content is king. This is why organisations have 4xMORE problems. They want MORE Things (Bigger, Better, Deeper), MORE Channels, MORE Assets, MORE frequently– BUT with LESS time. The advent of personalization at scale, localization, an explosion in social content creation, demand for just-in-time content for business campaigns, multiplication of channels and formats and the EVER-EVOLVING content consumption patterns are a few reasons for this 4XMORE problems.
NFTs had an unprecedented rise last year calling into question their sustenance in the market.
Surprisingly, unlike all the other markets, NFTs are still intact in the bear market and doing well.
Manisha Gupta of CNBCTV18.com spoke to Shivam Chuuneja, Head of Partnerships at ZionVerse and Sandesh Suvarna, VP at WazirX NFT Marketplace, focusing on NFTs and their potential beyond the JPEG trend.
They talk about the present and future use cases of NFTs both in and beyond gaming and art, their high prices and the utility of perception.
Tune in to this special podcast presented by WazirX and CNBCTV18.com to know more.
The Crypto Market exploded between March 2020 and November 2021, with the total market capitalisation increasing from under $150 Million to over $3 trillion. However, like the stock market, the crypto market has also been affected by inflation and possible upcoming recession, leading to a bear-market phase. Here, sticking to suitable projects and staying disciplined with investment strategies is the way to go and come out on top.
Manisha Gupta of CNBCTV18.com spoke to Prashanth Swaminathan, Partner & Head of International Business at Woodstock Fund and Subham Kejriwal, OTC Desk Executive at WazirX, focussing on people’s preparedness for the current bear market.
They talk about asset diversification, volatility in the crypto market, the pros and cons of the two market states and much more. Tune in to this special podcast presented by WazirX and CNBCTV18.com to know what these experts have to say.
All-round gains led the stock market higher and it closed over a 1-month high on Monday. Both Sensex and Nifty50 inched up over 1 percent each. Sensex rose 760 points to 54,521 and Nifty gained 229 points to finish at 16,279.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stocks, cryptocurrencies, the healthcare sector, politics, the Sri Lanka crisis, and more.
Healthcare in the country has turned more expensive as the government has started charging a 5 percent goods and services tax (GST) on all non-ICU hospital rooms that cost more than Rs 5,000 a day. Experts fear this may pave the way for more tax on healthcare and related services that have remained largely exempt from GST until now.
In a political update, the Monsoon Session of Parliament began today with the Opposition looking to corner the government on a range of issues — the Agnipath scheme, unemployment, inflation, and others.
The presidential polls were also underway witnessing a fight between National Democratic Alliance (NDA) candidate Draupadi Murmu and the Opposition's Yashwant Sinha. The result will be declared on July 21.
In a written response to a question in the Lok Sabha, Union Finance Minister Nirmala Sitharaman has said the Reserve Bank of India (RBI) has expressed concern over the adverse effect of cryptocurrencies on the economy and recommended prohibiting them by framing regulations.
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In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.com
Sri Lankan authorities reimposed a curfew in the Western Province on Thursday as confusion sparked over President Gotabaya Rajapaksa's resignation after he fled the country amid the country's worst economic crisis in decades.
Meanwhile, reports suggest Gotabaya Rajapaksa has left the Maldives for Singapore after fleeing his country. He departed from the Maldives on a Saudi Airline flight to Singapore, according to reports.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, the economy, the Sri Lanka crisis, India’s BNPL story and more.
With inflation digging holes in people’s pockets, a majority of Indian consumers are cutting back on everyday expenses to meet basic needs.
Ditching big brands for local ones, skipping leisure activities, and taking up additional gig jobs are some of the measures they are resorting to, a new survey has stated.
Meanwhile, analysts say though the buy now pay later (BNPL) industry may have to face the impact of new RBI regulations for some time, it is likely that these norms would lead them to become a better version of themselves by fixing the gaps.
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Sri Lanka's embattled President Gotabaya Rajapaksa fled to the Maldives on a military jet on Wednesday, hours before he was supposed to quit in the face of a public revolt against his government for mishandling the economy that has bankrupted the country. From the Maldives, 73-year-old Rajapaksa appointed Prime Minister Ranil Wickremesinghe as the acting President.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on the Sri Lanka crisis, stock markets, the employment sector, and more.
Sensex tumbled more than 370 points while the broader Nifty50 slipped below the 16,000 mark dragged by sharp selling in financial and information technology scrips. HCL Technologies shares were in focus and remained under selling pressure after the IT major reported a 100 basis-point sequential drop in its margin amid worsening attrition.
Meanwhile, recruitment in the information technology (IT) sector, which was on a roll for the past two years, is starting to show early signals of slowing following indications of an early recession in the United States, according to TeamLease Services.
In the US, about 20 million Americans quit their jobs in the first five months of this year, in what’s come to be known as the Great Resignation. Many now are regretting the decision, according to a new survey.
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In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.com
Japan's former Prime Minister Shinzo Abe has died after being shot during a campaign speech. Abe was shot from behind minutes after he started his speech Friday in Nara in western Japan, local television channel NHK reported.
He was airlifted to a hospital for emergency treatment but was not breathing and his heart had stopped. He was pronounced dead later at the hospital.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on the stock market, tech and auto sectors, and more from around the world.
Sensex ended over 300 points higher and Nifty50 reclaimed the 16,200 mark amid gains in financial, IT and FMCG shares. Losses in metal stocks, however, limited the upside. Gains across global markets — after the Fed hinted at a more tempered program of hikes in COVID-era interest rates — aided the sentiment on Dalal Street.
Mahindra and Mahindra has announced British International Investment would invest up to Rs 1,925 crore ($250 million) into its new four-wheel passenger electric vehicle (EV) arm.
Meanwhile, Supreme Court granted interim bail to Alt News' co-founder Mohammad Zubair in the case registered against him in Sitapur, Uttar Pradesh for allegedly outraging religious feelings.
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In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.com
Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Ola has seen many senior executives quit recently. CNBCTV18 reached out to 10 former senior executives of Ola and Ola Electric to piece together what was going on inside the company that has led to a series of senior-level exits, a raft of complaints about product quality and more.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, troubles at Ola, Prime Minister Narendra Modi’s Varanasi visit and more.
Sensex and NSE Nifty50 hit fresh one-month highs amid gains across most sectors. Financial, IT and auto stocks were the biggest contributors to the rise in headline indices. Sensex ended 427 points higher and Nifty50 crossed 16,100 led by financial and Titan shares.
On the global front, Boris Johnson has resigned as British Prime Minister after he was abandoned by ministers and most of his Conservative lawmakers, with politicians from all sides telling him to leave his job immediately.
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In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.com
Indian equity benchmarks Sensex and Nifty50 jumped to one-month closing highs amid gains across most sectors and heavyweights such as Hindustan Unilever, HDFC Bank, Bajaj Finance and Kotak Mahindra Bank. Sensex ended over 600 pts higher and Nifty50 closed at 15,990.In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will share the latest on markets, developments in Maharashtra, the jobs market, weather updates, and more. Edtech firm upGrad is looking to hire more than 3,000 people across segments in 2022-2023 at a time when its peers are on a firing spree amid a 'funding winter' in the startup space.In Maharashtra, Chief Minister Eknath Shinde's next fight is for claiming the legacy of Shiv Sena founder Balasaheb Thackeray and the Shiv Sena party symbol. The fight now is — who's the real Shiv Sena between former chief minister Uddhav Thackeray and Shinde.
The Eknath Shinde and BJP government won the floor test today during the special two-day session of the Maharashtra Legislative Assembly. In the 288-member House, 164 MLAs voted for the motion of confidence, while 99 voted against it. Shinde led-government proved its majority in mere 23 minutes.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest stock markets, updates from Maharashtra, the startup space and more.
Maharashtra CM Shinde has announced that the state will make a decision to reduce VAT on fuel soon.
The stock market snapped a three-day losing streak as financials and FMCGs gained. Sensex rose over 300 points at closed at 53,235 whereas Nifty finished the session at 15,830.
Meanwhile, Gujarat and Karnataka were ranked the best among big states for developing a startup ecosystem for budding entrepreneurs, as per the Department for Promotion of Industry and Internal Trade’s (DPIIT) ranking of states and Union Territories released today.
On the global front, US President Joe Biden and Jeff Bezos sparred over the former’s call to companies ‘running gas stations’ to bring down the prices.
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In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.com
Total sales of Tata Motors, Bajaj Auto and Ashok Leyland in June exceeded Street estimates, rekindling hopes of a rebound in the space, though those of Maruti Suzuki fell short of expectations. Analysts are positive about the demand prospects for the sector in the coming months given the easing of input costs and the chip shortage.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on the auto sector, Maharashtra government updates, windfall tax, increased import duty on gold, and more.
The government has hiked gold import duty to 15 percent from 10.75 percent to check the current account deficit (CAD) and the rising import of the yellow metal. The duty changes came into effect on June 30.
Meanwhile, the Supreme Court came down heavily on suspended BJP spokesperson Nupur Sharma for her controversial remarks against Prophet Muhammad during a television debate on the Gyanvapi mosque row. The court said she was "single-handedly responsible" for fanning flames across India and should apologise to the whole nation.
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Eknath Shinde will take oath as the Maharashtra Chief Minister, announced Devendra Fadnavis on Thursday. He added that it was expected in 2019 that BJP and Shiv Sena together will form the government in Maharashtra.
“People's mandate was insulted and the government was formed with anti-Hindu parties. The last two and a half years of the MVA government were full of corrupt practices - We have the support of 16 independent MLAs also,” he said.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on Maharashtra political crisis, stock markets, cryptocurrencies, and more.
The market closed near the flatline amid volatility. Sensex slipped 8 points to 53,019 and Nifty50 was at 15,780. Reliance and banks lent support while IT and autos dragged Nifty50. The market has posted a fall of 10 percent in the second quarter of FY23 and this is the biggest Q2 fall since 2008.
Meanwhile, Finance Minister Nirmala Sitharaman, during the Union Budget 2022-23 in Parliament on February 1 introduced a 1 percent tax deducted at source (TDS) on the transfer of the virtual digital assets (VDAs) — or simply put crypto and Non Fungible Tokens (NFTs).
The TDS rule would come into force from July 1, i.e. Friday for transactions of more than Rs 10,000. The move comes after the imposition of a 30 percent flat income tax on cryptocurrencies from 1st April 2022.
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In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.com
Maharashtra Governor Bhagat Singh Koshyari has called for a trust vote on Thursday against embattled Chief Minister Uddhav Thackeray as he has been told the latter has lost confidence of the majority on the floor of the House.
However, the Thackeray camp on Wednesday sought an urgent hearing of a plea against the Maharashtra floor test in the Supreme Court. Abhishek Manu Singhvi called the floor test 'illegal'.
In this edition of the Top News Podcast, CNBCTV18.com's Kanishka Sarkar shares the latest on Maharashtra political crisis, stock markets, GST Council meeting and more.
The Goods and Services Tax (GST) Council has approved a proposal to impose a 12 percent tax on hotel rooms costing below Rs 1,000 per day. So far, only hotels above the threshold were charged 12 percent GST. The Council also agreed to levy a 5 percent GST without input tax credit on hospital rooms with rent above Rs 5,000, excluding intensive care units (ICUs).
Meanwhile, in the stock market, shares of Maruti Suzuki continued to rise for the seventh session in a row, ditching overall weakness on Dalal Street, even as brokerages held mixed views on the carmaker's market share.
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In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.com
Disclosure: Reliance Industries Ltd, which owns Jio, is the sole beneficiary of Independent Media Trust that controls Network18, the parent company of CNBCTV18.com.
The ongoing political crisis for the Uddhav-Thackeray-led Maharashtra Vikas Aghadi government entered the fourth day on Friday. Rebel Shiv Sena minister Eknath Shinde has claimed the support of over 50 MLAs, including 12 independents and smaller parties.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, India’s workplaces, the 5G auction, consumer spending patterns and more part from the Maharashtra government crisis.
Reserve Bank of India’s (RBI) deputy governor Dr. Michael Debabrata Patra, at an event, said India's female workforce participation is among the lowest in the world, lower than even Pakistan, and is going down. “It's because, we are not creating a friendly place at work for our women,” he said.
In the stock market, Sensex and NSE Nifty50 rose backed by gains across sectors. Financial and oil & gas shares give Sensex a 462-point lift whereas Nifty50 was one point shy of 15,700.
Meanwhile, a survey has found that urban Indian households reduced expenditure on fuel, clothing and accessories, eating out, and gadgets, among other things, in the last six months as rising inflation raised the cost of living, eating into their budgets.
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Shiv Sena MP Sanjay Raut said his party is ready to quit the Maha Vikas Aghadi (MVA) government in Maharashtra if the group of rebel legislators camping in Assam returns to Mumbai in 24 hours and discusses the issue with Chief Minister Uddhav Thackeray.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on the Maharashtra government crisis, the stock market, the auto sector, Assam floods, and more.
In the market, TCS, Infosys and ICICI Bank helped Sensex and Nifty50 resume a pullback after a day's pause. Both headline indices held on to two-thirds of the day's gains at the end of the day.
In the auto sector, Maruti Suzuki plans to win back its undisputed dominance in Indian car market as is at an eight-year low with the last fiscal (FY22) reading at 43.65%.
Meanwhile, a top Indian retailer has said this year's summer sale was the best in a decade. What has really helped Vijay Sales— despite inflation — was the comfort of payment in installments, with zero down payment option among others.
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The tense Maharashtra political situation continued on Wednesday with Shiv Sena’s Eknath Shinde and other rebel MLAs reaching Assam, followed by the Chief Minister Uddhav Thackeray’s ultimatum to them.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock marketsthe , IT sector, the Maharashtra government crisis, and more.
Sensex and Nifty fell sharply today amid weakness across sectors and other Asian markets despite a strong session on Wall Street overnight. Financial, oil & gas and metal shares were the biggest drags. Sensex ended 710 points lower while the Nifty50 slipped below 15,450. The rupee meanwhile hits an all-time low.
Fears of a recession are keeping investors nervous at a time when many analysts have already warned of more downside in the IT space on the Street. Some analysts are more concerned about the possibility of a recession in the US regardless of the healthy demand for Indian IT.
On the political front, Eknath Shinde has claimed the support of more than 40 Shiv Sena MLAs and seven Independent MLAs. He has denied forming a political party but is eyeing full control of Shiv Sena. 34 rebel Shiv Sena have signed a resolution endorsing Shinde as the party leader.
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The current crypto markets are driving many investors to comprehend whether to book profits or buy the dip. However, this bear run for the crypto markets has much in store for those looking to gain long-term returns from their investments.
In this podcast presented by WazirX & CNBCTV18.com, Manisha Gupta speaks to Budhil Vyas, Crypto influencer and data scientist and Anuj Chaudhary, senior blockchain and crypto analyst, to gauge how one must revisit their crypto investments and balance their portfolios as per market conditions. Tune in to the conversation to know more.
Disclaimer: Cryptos are unregulated virtual assets, not a legal tender and subject to market risks.
Note: This is a partnered post.
Amid Maharashtra political crisis, Chief Minister Uddhav Thackeray on Tuesday offered to resign from his post while his party’s Eknath Shinde has reportedly moved to a hotel in Gujarat's Surat with 24 party MLAs.
Apart from the Maharashtra situation, in this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on latest on stock markets, presidential elections, and what’s happening in the job market, and more.
Former Union minister Yashwant Sinha will be the consensus presidential candidate of several opposition parties, including the Congress, the TMC and the Samajwadi Party, the parties said in a joint statement.
On the stock market front, Sensex and Nifty surged in a broad-based recovery led by heavyweights Reliance Industries, TCS and Infosys, extending gains to a second straight day in some respite for investors following a seven-day-long sell-off.
In the job market, Monster India believes that recent mass layoffs in the startup space do not mean the worst for the ecosystem as it's a very small proportion of the overall workforce in the space.
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Sensex and Nifty50 slipped for a second straight week to post their biggest weekly loss since May 2020 as investors remained worried about the global growth outlook. Among sectoral indices, IT, healthcare, power, capital goods, FMCG, oil & gas shed 1-2 percent each, while buying was seen in the metal and banking names.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, oil prices, Agnipath protests, and the pandemic.
One person was killed and several others were injured in Hyderabad as protests against the Union Defence Ministry’s new ‘Agnipath’ scheme turned violent, according to reports. Widespread protests have erupted in several states against the scheme for armed forces. Youth resorted to violence and vandalised trains and blocked railway tracks in Uttar Pradesh, Bihar, Haryana and Telangana.
On the healthcare front, over 772 million people in India above 18 years of age have become eligible for a booster dose of COVID-19 vaccine. But even as the virus caseload rises each day, only 40 million have taken a precaution dose — leaving a huge gap of 732 million people who haven't taken the shot. This was as per data from the Health Ministry till June 16.
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Sensex and Nifty50 ended their relief rally seen post the US Federal Reserve 75 basis points (bps) hike, to finish at 13-month lows on Thursday amid selling across the sectors. In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, fuel prices, politics, the pandemic and more. Spicejet and IndiGo stocks were under pressure after aviation turbine fuel (ATF) or jet fuel prices were hiked 16.3 percent to a record high of Rs 1.41 lakh per kilolitre. The prices have been up 91 percent in the past six months and according to analysts, they form over 40 percent of the operational cost for airlines. As indicated by Spicejet earlier in the day, this may lead to increased airfares. On the healthcare front, India recorded a single-day spike of over 12,000 COVID-19 cases, as per the Union Health Ministry data at 8am. This is the highest one-day jump in cases in 4 months. The country also witnessed 11 deaths in a day.
The volatility of the crypto markets has led to some serious insecurities among investors, and this has been exacerbated by the fluctuating stance of regulatory authorities on the legalisation and taxation of the product. While navigating these markets has been challenging, a better understanding of crypto markets and how to safeguard one’s investments by experts can provide the guidance most investors need today. In this special podcast presented by CNBCTV18.com in association with WazirX, hosted by Manisha Gupta, the discussion explored how investors can detach from the hullabaloo around the market fluctuations, and take a fresh look at their crypto portfolios. Tune in to her in conversation with Shivam Chhuneja- Head Of Partnerships at ZionVerse and the Growth Marketing, Tech and Finance expert as well as Subham Kejriwal, OTC Desk Executive at WazirX to know more.
Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Wednesday that its Monetary Policy Committee (MPC) has decided to hike the repo rate — the key interest rate at which the central bank lends money to banks — by 50 basis points to 4.9 percent.In the edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares highlights from RBI’s policy announcements, the latest on stock markets, what’s happening in politics, the job market, and more. Terror outfit Al-Qaeda in Indian Subcontinent (AQIS) has issued a threat to attack multiple Indian cities and states over the controversial remarks by suspended Bharatiya Janata Party spokespersons against Prophet Muhammad. Meanwhile, Congress and BJP have rushed Rajasthan MLAs to resorts to avoid horse-trading ahead of Rajya Sabha polls.
Indian benchmarks Sensex and Nifty50 ended Tuesday’s choppy session over a percent lower as inflation fears gripped the street owing to a spike in crude oil prices and a firm dollar.
Meanwhile, JPMorgan sees further downside in the IT stocks as growth in earnings is likely to be impacted owing to multiple reasons including inflation. The brokerage’s analysts had last month downgraded the tech sector to ‘underweight’ citing soaring inflation, supply chain issues and the impact of the Ukraine-Russia war.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will share the latest on stock markets, the Covid-19 pandemic, what’s on the agenda of the GST council meeting, and more.
Dr Chandrakant Lahariya, epidemiologist, public policy and health systems expert said COVID is not a reason to worry now because most of the population is vaccinated and therefore, it’s not a big cause of concern, especially unless there is a new variant reported from different settings.
Meanwhile, sources say the GST Council is likely to meet in the second half of June and discuss the possibility to cover virtual, digital and crypto assets under the GST.
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The GST Council is likely to meet in the second half of June and it may take up the report by the group of ministers on online gaming, casinos, and race courses. It is likely to decide in favour of the unanimous view in the report, sources told CNBC-TV18 on Friday.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will share the latest on stock markets, the COVID-19 pandemic, Rajya Sabha elections, Tesla hiring freeze and more.
After opening sharply higher, the market erased all intraday gains and ended moderately lower. Sensex fell more than 600 points from the day's high to end at 55,769.23, and the broader Nifty50 settled at 16,584, down 44 points from its previous close.
Index heavyweight Reliance Industries and IT stocks were the major gainers, while UltratTech Cement shed as much as 5 percent.
Meanwhile, RIL chairman and managing director Mukesh Ambani earned the sixth position on the Forbes Richest People in the World list. He retained the wealthiest Indian crown and is three notches ahead of Gautam Adani.
On the global front, Elon Musk has paused all hiring at Tesla and Elon Musk has said there need to cut staff by 10 percent. In the email titled "pause all hiring worldwide," he said he has a super bad feeling about the economy.
Tune in to Top News Podcast for more
Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Macquarie turned bullish on the IT sector on Thursday and named HCL Tech, TCS, and Infosys as its top picks.
The Nifty IT has fallen close to 25 percent since the start of the year and multiple downgrades. However, the latest Macquarie report says that the worries over demand are overdone and that the S&P 500 revenue and technology spending correlation with IT services is not going to hold as IT spending is expected to be far more resilient.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will share the latest on the stock market, politics, economy, pandemic, real estate, and more.
Hardik Patel has joined the Bharatiya Janata Party months ahead of the Gujarat Assembly elections due in December this year. He said he was starting a new chapter with feelings of national interest, state interest, public interest and social interest.
Meanwhile, Congress president Sonia Gandhi has tested positive for the coronavirus disease. Randeep Surjewala said Sonia Gandhi had met leaders and activists over last week, some of whom were found COVID-19 positive.
This comes just a few days ahead of her questioning before the Enforcement Directorate (ED) in the National Herald case.
Sonia and Congress leader Rahul Gandhi were asked to join probe in the National Herald case under criminal sections of the Prevention of Money Laundering Act (PMLA). Rahul, who was to be questioned today, wrote to ED on June 1 seeking more time to appear before it.
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Disclosure: Reliance Industries Ltd, which owns Jio, is the sole beneficiary of Independent Media Trust that controls Network18, the parent company of CNBCTV18.com.
Noted singer Krishnakumar Kunnath, better known as KK, passed away on May 31, leaving family, fans, and followers heartbroken. He died hours after performing at a concert in Kolkata. He reportedly fell sick after the performance and was taken to a private hospital where he was declared dead on arrival.
Kolkata Police have launched a probe to examine 'unnatural death' of the singer.
Apart from highlights of KK’s three-decade career, in this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will share the latest on stock markets, economy, banking, auto sector and more.
Nifty shut shop below 16,600 led by a fall in Maruti Suzuki, Tata Motors, and Bajaj Auto shares. Sensex too closed 185 points lower down at 55,381. This is the second day in a row that markets have closed lower amid the worsening geopolitical situation in Europe.
Insurance Regulatory and Development Authority of India (IRDAI) has finally thrown its hat in the ring with respect to the long-standing debate around the Reserve Bank of India (RBI) discouraging banks from holding more than 30 percent in insurers.
"RBI is right in its own way to ask banks to bring down their stake in insurance companies to stipulated levels," said IRDAI Chairman Debasish Panda.
Meanwhile, prices of jet fuel or Aviation Tribune Fuel (ATF) and commercial LPG cylinders were reduced today.
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A Delhi court on Tuesday sent Delhi's health minister Satyendar Jain to Enforcement Directorate's custody till June 9 in a money laundering case. The court said his interrogation was required to unearth the alleged larger conspiracy.
The ED had arrested the Aam Aadmi Party (AAP) leader on May 30 under the criminal sections of the Prevention of Money Laundering Act (PMLA).
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, monsoon this year, Delhi minister Satyendar Jain in ED custody, and latest in the electric vehicles sector and more.
Sensex and Nifty snapped a three-day gaining streak to end lower amid a tepid global mood. All eyes were on India's official GDP data for the January-March period. Sensex was down 359.33 points to 55,566 while Nifty shut shop at 16,584, down 76.90 points. Major selling was seen in the power and financial sectors while buying was seen in realty, metals, and auto stocks.
On the political front, reports suggest Gujarat Patidar leader Hardik Patel is all set to join Bharatiya Janata Party this week, days after quitting Congress. The development comes ahead of the Gujarat Assembly elections, scheduled in December this year.
In the EV space, the consumer affairs ministry is likely to set standards for EV batteries soon. This as it takes cognisance of recent EV fires and the poor quality cells that may have caused these incidents.
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Reserve Bank of India (RBI) has released its annual report for 2021-22 on Friday. It covers the working and functions of the central bank for the period from April 2021 to March 2022.
The report has warned negative externalities are already rippling through financial and commodity markets and surging food and fuel prices are impacting the disadvantaged adversely. Therefore, the global recovery is expected to suffer a significant loss of momentum in 2022.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, the economy, the Mumbai cruise drugs case and Prime Minister Modi’s take on drones, and more.
On a day when the Indian market made a sort of recovery, Indian oil producers were under pressure and traded in the red. It’s because the UK government on May 26 announced a 25 percent windfall tax on profits of oil and gas companies with crude surging over 50 percent in 2022 so far. There is speculation that the Indian government may take similar steps.
This seems to have made investors nervous and it’s being reflected in the stock movement of all the oil and gas majors like ONGC, Oil India, Reliance, and Vedanta.
Meanwhile, the Narcotics Control Bureau (NCB) gave a clean chit to Aryan Khan, son of Bollywood actor Shah Rukh Khan, in the October 2021 'drugs on cruise' case in which he was arrested last year.
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While benchmark indices Sensex and Nifty made a comeback on Thursday after a three-day losing streak, global brokerage Nomura revised its stance on the tech sector as it sees a slowdown in the offing.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, a ransomware attack on Spicejet, Navjot Singh Sidhu’s term in the jail, the rise in wheat prices and more.
NITI Aayog has said wheat price rise in India is unavoidable when the international prices of the commodity are on the rise as the domestic economy cannot be insulated from global developments. The public policy think tank said that one cannot attribute the wheat price rise in India to lower production.
Meanwhile, Spicejet on Wednesday said it thwarted a ransomware attack attempt, which hobbled the airline's systems and delayed multiple flights by several hours.
While the fallout was, at worst, frayed passenger tempers and tangled logistics, the incident has shifted the spotlight to the menace of ransomware attacks, which gained prominence in 2017.
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India has allowed duty-free imports of 2 million tonnes each of crude soy oil and crude sunflower oil for the current and the next fiscal year to March 2024, a government order said on Tuesday, as part of efforts to keep a lid on local prices.
The government is firefighting inflation and trying to control the prices of wheat, cotton, edible oil, pulses, and sugar.
The edible oil cess and duty currently are at 5.5 percent, which has been brought down to nearly zero. Imports have been allowed for 20 lakh tonnes each for crude soy and crude sunflower oil until March 2024.
In this edition of Top News, CNBCTV18.com’s Kanishka Sarkar shares the latest stock market, why Kapil Sibal quit Congress, the wheat export ban, duty-free imports of edible oils, the monkeypox disease, and more.
IndiGo emerged as the preferred airline among flyers in April 2022 as the company ate into the share of peers like Air Asia, thereby seeing a sharp increase in its market. As per a report by ICICI Securities, IndiGo’s dominance in terms of market share first started showing signs in March 2022 when it went up by almost 4 percentage points to 54.8 percent.
In the subsequent month, its market share expanded to 58.9 percent, while its peer Air Asia lost its hold over its customers from 6.5 percent in March 2022 to 5.4 percent in April.
Meanwhile, Grasim is going full throttle on its plans to foray into the paints business, which may intensify competition. Global brokerage Macquarie, however, sees no threat to sector leader Asian Paints. The reason: Grasim needs time to build a brand image to carve a niche in the market.
On the political front, veteran leader Kapil Sibal has resigned from Congress. He has filed his nomination as an Independent candidate for the Rajya Sabha elections with the support of the Samajwadi Party. A prominent member of the G23, which had sought an organisational overhaul in the Congress, Sibal's tenure as Congress' Rajya Sabha MP ends in July.
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The aviation regulator DGCA on Friday granted Jet Airways the Air Operator Certificate (AOC) allowing the airline to resume commercial flight operations, three years after it was grounded due to financial problems.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, complaints against Ola and Uber, why Zilingo fired CEO Ankiti Bose, what’s happening at Meta, and more on the economy and politics.
Bulls were back on D-Street as Sensex and Nifty ended nearly 3 percent higher amid strength in Asian markets and US equity futures. All the sectoral indices logged strong gains with metal, pharma, capital goods, PSU bank and realty indices up 3-4 percent each.
Meanwhile, the Central Bureau of Investigation has filed a fresh case against former Bihar Chief Minister Lalu Prasad Yadav and his daughter on the charge of taking land from aspirants in return for jobs in the railway, officials said. The probing agency conducted searches at 17 locations in Delhi and Bihar.
Congress leader Navjot Singh Sidhu surrendered in a Patiala court today, a day after the Supreme Court sentenced him to one-year rigorous imprisonment in a 1988 road rage case.
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LPG cooking gas cylinder will now cost more than Rs 1,000 as its price has been increased by Rs 3.5 with effect from Thursday. With the second hike in May, a non-subsidised 14.2 kg domestic LPG cylinder will now sell for Rs 1,003 in Delhi, Rs 1002.50 in Mumbai, Rs 1,029 in Kolkata and Rs 1,018.5 in Chennai.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, the impact of the wheat export ban, LPG prices and more on politics, GST, startups, and more.
Market benchmarks Sensex and Nifty suffered their worst single-day loss in two months today, continuing to decline for a second straight session amid a sell-off across global markets as investors fretted about worsening inflation and its impact on the world economy.
Meanwhile, JP Morgan has downgraded the IT sector and cut the target multiples by 10 to 20 percent across the board as it sees more downside risk.
On the political front, Hardik Patel said he has not taken any decision yet on joining any other party, be it the ruling BJP in Gujarat or the new entrant AAP. This is a day after resigning from Congress.
The Supreme Court, meanwhile, has imposed one-year rigorous imprisonment on Congress leader Navjot Singh Sidhu in a 1988 road rage case.
The top court also held that recommendations of the Goods and Services Tax (GST) Council are not binding on the Centre and the state governments, they only have persuasive value.
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Edtech unicorn Vedantu laid off 424 employees of its 5,900-strong workforce, expecting scarcity of capital in the upcoming quarters due to a tough external environment, it said on Wednesday. This is the edtech unicorn's second successive round of lay-offs with 200 employees let go earlier in May.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the salary hikes senior executives can expect this year, the impact of pollution and more stocks, the auto sector and politics.
An Aon survey has projected an 8.9 percent salary increase in 2022 for top executives in India, which is the highest in five years. This is as companies look to retain leadership talent, an Aon survey said. It also says trends suggest the hikes are expected to be buoyant over the next 24 months. Meanwhile, employees are overall projected to see a 9.9 percent increase in their salaries this year, which is the highest since 2017, as per Aon data.
Meanwhile, Tripura and Mizoram have started rationing petroleum products as extreme weather conditions wreak havoc in lower Assam, cutting railway connectivity with Tripura and other north-eastern states.
So, two-wheeler owners can only get fuel worth Rs 200 in a day while for three-wheeler owners, it has been capped at Rs 300. Owners of four-wheelers can buy fuel for up to Rs 1,000 per day, according to a recent government order.
On the political front, Gujarat State Congress president Hardik Patel resigned from the party post and primary membership. The development comes ahead of the Gujarat Assembly elections scheduled in December this year.
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The younger generations have a vastly different relationship with money as compared to the generations that have come before them. In the age of NFTs, cryptocurrencies and other Blockchain assets, the concept of investment has changed rapidly.
With these changing investment strategies, retirement planning for millennials has taken a new shape. In this special podcast presented by CNBCTV18.com in association with WazirX, Manisha Gupta is joined by Raj A Kapoor, Founder & CEO, India Blockchain Alliance and Rohit Kundliwala, Cryptocurrency Marketing Manager at WazirX to discuss the opportunities of investing in crypto as a retirement option for this generation. Tune in to know more.
Life Insurance Corporation (LIC) made a lukewarm debut on stock exchanges on Tuesday, listing at a discount of 8 percent from its issue price. LIC stock began its journey on NSE at Rs 872 apiece, a discount of Rs 77 or 8.1 percent, and finished the day at Rs 873.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares what experts make of LIC listing, other stocks in focus, the latest on Elon Musk’s proposed Twitter buyout, the future of hybrid working, and more.
While market expert Prakash Diwan said retail investors would love to have LIC shares in their portfolio from a longer-term perspective even at the issue price, some others said LIC didn't hit the ground running but there is great value in the stock.
Meanwhile, Elon Musk said his $44-billion offer would not move forward until Twitter Inc shows proof that spam bots account for less than 5 percent of its total users, hours after suggesting he could seek a lower price for the company.
Back home, the Central Bureau of Investigation (CBI) conducted raids at the residence and offices of Congress leader Karti Chidambaram, son of former finance minister P Chidambaram.
The raids were conducted at nine locations across Chennai, Odisha, Karnataka and other states in connection with a new case of illegal gratification. In the new case which is an offshoot of an ongoing probe, CBI has alleged that Karti received Rs 50 lakh bribe to facilitate the visa of 250 Chinese nationals during the UPA regime for Talwandi Sabo power project in July-August 2011, when P Chidambaram was the Union home minister, officials said.
On the employment sector front, a survey has revealed over 300 organizations in the technology, manufacturing, BFSI, FMCG, retail, health and automobile sectors, are willing to adopt a hybrid or virtual work model in a post-pandemic era.
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Elon Musk said on Friday that his plan to buy Twitter for $44 billion is temporarily on hold as he tries to pinpoint the exact number of spam and fake accounts on the social media platform, another twist amid signs of internal turmoil over the proposed acquisition.
Earlier in the day, Twitter fired two of its top managers and said the company is pausing most hiring and except for business-critical roles.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, stock markets, employment, business, politics, and more.
The Supreme Court has rejected a plea seeking to postpone the National Eligibility cum Entrance Test for Postgraduate (NEET-PG 2022) scheduled for May 21. The petitioners had cited a clash with the ongoing NEET-PG 21 counselling.
The job market is set to see an uptick in hiring as recruiters expect attrition to rise further in the coming months. Naukri, a leading job portal, sees a big jump in demand for those with an experience of at least three years.
Online food delivery platform Swiggy has announced its foray into the dining out category with the acquisition of Dineout.
Meanwhile, Sunil Bharti Mittal said, Vodafone and Idea merged their might in 2018 to take on the other telecom players in the market but a "culture clash" within the organisation made the merger "devastating." He said that he had warned at the time of the merger that it "won't work".
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The Nifty50 slumped to the lowest closing level of 2022 and the lowest since July 30, 2021, on Thursday as the market extended its losing streak for the fifth day in a row. Financial, oil & gas, metal and auto stocks were the biggest drags but weakness across sectors pulled the headline indices lower.
Some of the stocks in focus were Punjab National Bank and Coforge, which declined after the firms’ quarterly performances fell short of Street estimates. Tata Motors shares, meanwhile, fell ahead of the fourth-quarter result.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on latest on stock markets, electric vehicles, covid-19 pandemic, Bitcoin’s fall and more.
Auto industry expert Arun Malhotra said called for stringent penalties or punishments for EV companies that may have submitted Grade A cells for testing but used lower quality cells in products for sale.
Ford has ruled out manufacturing electric vehicles in India even after getting approval from the government.
On the global front, Elon Musk is under the lens for his tardy submission of a public form that all investors must file when they buy more than five percent of a company’s shares, according to a Wall Street Journal report.
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Food delivery apps like Zomato and Swiggy have been taking longer to deliver orders in the past few weeks because there is an acute shortage of delivery executives across major metros.
There are several factors why this is happening. According to TeamLease Services, this is a combination of the economy opening up, new business model experiments floating and a spike in domestic consumption, increasing the demand for delivery services.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares more on delivery delays, a CNBC-TV18 exclusive investigative report on electric vehicles’ fires, the latest on the stock market, sedition law row, the rising cost of living, and more.
An EY report has pointed out that the majority of Indian consumers are bullish about their financial situation in the next year, but have raised concerns over the rising cost of goods and services, which is affecting their purchasing decisions.
Meanwhile, the Supreme Court has rejected the government's plea for continuing with the sedition provision and has stayed Section 124A of the Indian Penal Code (IPC). All pending cases booked under the section are to be kept in abeyance until the government reviews it. The top court said it "hopes and expects" that no further FIRs will be filed under 124A.
In the market, people have started to ask if it makes more sense to look at real estate as an investment avenue instead of equity now. Experts and industry veterans are banking on the improving demand for the property market, even though the space faces three key challenges –surging input costs, hikes in COVID-era interest rates, and the possibility of another deadly wave of the pandemic.
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Digital influencers today are constantly expanding their horizons to engage with a larger audience. Their presence on all possible digital platforms to find new followers is a mandate if they plan to keep growing. The Metaverse is one such platform that is garnering the attention of influencers in their zeal to find new users.
Manisha Gupta of CNBC-TV18 spoke to Rohit Kundliwal, Marketing Manager, WazirX and Pranav Panpalia, Founder & Mentor, OpraahFx and OP Gaming to discuss the growing influencer marketing in the Metaverse.
Influencer marketing is a fast-growing industry that captures the attention of internet users swiftly and ensures that brands get enough exposure and valuable visibility, provided the right ambassadors take charge of engaging followers with the campaign.
Tune in to this podcast to find out how Metaverse provides a more immersive and experiential platform for influencers, brands and innovators alike
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Note: This is a partnered post.
Mahindra and Mahindra’s (M&M) president of the farm equipment sector Hemant Sikka told CNBC-TV18 on Tuesday that the automaker may increase the prices of tractors again in 2-3 months after it took a 2-2.5 percent price hike in April.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on the auto sector, FMCG companies, stock markets, Cyclone Asani, the Sri Lanka crisis, and more.
In the market, Sensex and Nifty failed to hold on to the green in volatile trade and extended losses to the third session in a row. Oil & gas, metal and IT shares pulled the indices lower while select financial and FMCG shares lent some support.
On the FMCG front, Malaysia, the world's second-largest palm oil producer, is considering cutting palm oil export tax to 4-6 percent from 8 percent, according to a Reuters report.
The development has been taken positively by companies like Hindustan Unilever and Godrej Consumers, who use palm oil to make a variety of products from lipstick to noodles. Malaysia opening its export door slightly more will mean relief for the supply-hit fast-moving consumer goods companies.
On the global front, protesters swarmed the entrance to President Gotabaya Rajapaksa’s office in Sri Lanka’s capital Colombo for the 32nd day to demand that he follow in his brother’s footsteps and quit.
Sri Lankan Parliament Speaker, on the other hand, has requested embattled President Gotabaya Rajapaksa to reconvene the House this week to discuss the current situation amid unprecedented violence and widespread protest against the government over the country's worst economic crisis in decades.
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India’s largest carmaker Maruti Suzuki India on Friday reported a 51.14 percent jump in consolidated net profit to Rs 1,875.8 crore in the fourth quarter ended on March 31, 2022.
Its consolidated total revenue from operations stood at Rs 26,749.2 crore as against Rs 24,034.5 crore and the total vehicle sales in the quarter under review stood at 4,88,830 units, lower by 0.7 percent compared to the same period the previous year.
Apart from the financial results of big companies like UltraTech Cement and Wipro, CNBCTV18.com’s Kanishka Sarkar shares the latest on the market, the impact of coal crisis, Russia Ukraine war and more on this edition of the Top News Podcast.
Delhi is already reeling under a deadly heatwave, and India Meteorological Department says a few places in the capital are likely to see the mercury touch the 46-degree Celsius mark today.
The IMD has issued an "orange" alert, warning people of a severe heatwave in many parts of Delhi on Friday and Saturday.
However, Rajasthan, Delhi, Punjab and Haryana may witness light rainfall and thunderstorm between May 2 and May 4, according to a scientist.
Meanwhile, Delhi’s power minister Satyender Jain said the national capital has just a day's coal stock left. This, he said, was despite the fact that there have been no pending payments on the part of the government to power distribution companies.
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Shares of vegetable oil companies largely traded positive on Thursday shrugging off the impact of Indonesia widening the scope of its export ban on raw materials for cooking oil.
The Street expects these companies to enjoy a higher pricing power in the face of a shortage. However, Indonesia’s ban on palm oil export will have a direct impact on India as the country imports 5-5.5 lakh tonnes of palm oil each month.
While the markets may have priced in the Indonesian ban, consumers are sure to feel the pinch as palm oil prices have soared 80 percent on a year-on-year basis. It was trading at 7000 ringgit per tonne. One Malaysian Ringgit(RM) is equal to Rs 17.56.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest palm oil prices, LIC IPO, stock markets, hiring trends, and more.
On the stock market front, Bajaj Auto’s shares declined almost 2 percent after three days of consecutive gains. This is a day after the firm reported a 2 percent fall in consolidated net profit after domestic two-wheeler sales fell amid weak demand and a semiconductor shortage in the fourth quarter ended March 2022.
Persistent Systems shares, on the other hand, rose more than 5 percent. This is a day after the IT firm posted a strong quarterly performance for the January to March 2022 period, beating Street estimates.
Meanwhile, the Competition Commission of India launched raids at two top sellers of Amazon.com Inc over violations of domestic competition laws, according to a report.
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The initial public offer (IPO) of state-owned insurer Life Insurance Corporation of India (LIC) will hit the markets on May 4 and the decision to launch it now was influenced by reduced market volatility and a solid anchor book, the government said on Wednesday.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares more details on the LIC IPO, how the stock markets fared, the latest on the COVID-19 pandemic, fuel price hike and more from around the world.
Reliance Industries Ltd (RIL), meanwhile, became the first Indian company to cross Rs 19 lakh crore in market capitalization. The stock ended in green after hitting a 52-week high in intra-day trade.
Among other shares in focus were Bajaj Finance, Bajaj Auto, Axis Bank, and AU Small Finance Bank.
Meanwhile, Prime Minister Narendra Modi held a meeting with Chief Ministers and urged states including West Bengal, Maharashtra, Tamil Nadu and several others to cut value added tax (VAT) on petrol and diesel prices to reduce the burder on citizens.
People in Delhi must brace for a heatwave because the city is predicted to see a jump of two to three degrees Celsius in the maximum temperature. The temperature touched the 42-degree mark today and is expected to soar to 44 degrees Celsius tomorrow, according to the India Meteorological Department (IMD). The maximum temperature may even leap to 46 degrees Celsius in parts of Delhi, a Met department official said.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion, the company said. The outspoken Tesla CEO, the world's wealthiest person, has said he wants to buy Twitter because he thinks it's not living up to its potential as a platform for "free speech."
He says it needs to be transformed as a private company in order to build trust with users and do better at serving what he calls the "societal imperative" of free speech.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, electric vehicles space and Twitter India CEO Parag Agrawal’s message to employees on the takeover.
The market rebounded after two days of losses. It was boosted by gains across sectors and heavyweights such as Reliance Industries, Infosys, and Bajaj Finance. Investors gained Rs 4.2 lakh crore in wealth as the market capitalisation of BSE-listed companies rose to Rs 269.5 lakh crore, according to provisional exchange data.
Drugs Controller General of India (DCGI) has recommended emergency use authorisation (EUA) for Bharat Biotech's Covaxin for children between 6 and 12 years. It also recommended EUA for Biological E's Corbevax for children in the age group of 5 to 12 years and Zydus Cadila's ZyCoV-D for those above 12 years.
Transport minister Nitin Gadkari today pointed to how keen Indians were on acquiring electric vehicles. He said he is having to send out letters to EV makers for easier and faster deliveries. Till now, he has handed over 50-60 letters.
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ICICI Bank shares remained in focus On Monday, after reporting a strong set of quarterly results. During the session, the stock rose almost 2 percent and ended 0.9 percent higher.
Nomura, Macquarie and Credit Suisse raised their target prices for ICICI Bank shares after the earnings announcement. In fact, Macquarie even said its search for the next HDFC Bank finally is over with ICICI bank consistently delivering quarter after quarter.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, auto and real estate sector, and more from around India and the world.
The market halted a two-day winning run on Friday dragged by financial, IT, and metal shares. This is amid weakness across global markets as concerns resurfaced about the aggressive tightening of COVID-era monetary policies.
Investors lost Rs 2.1 lakh crore in wealth as the market capitalisation of BSE-listed companies dropped to Rs 269.7 lakh crore, provisional exchange data showed.
Meanwhile, HCL Technologies shares jumped a day after the company’s quarterly profit exceeded Street estimates. The stock rose as much as 3.2 percent to Rs 1,135 on BSE, after Jefferies said the company's growth guidance of 12-14 percent for the current fiscal is the key positive. However, the brokerage lowered its earnings per share estimate for the stock.
Separately, HCL Technologies said that attrition, which is very high in the IT sector, is starting to stabilise for the company, and is expected to ease further in the next few quarters.
Apart from stock updates, CNBCTV18.com’s Kanishka Sarkar shares the latest on the Russia-Ukraine war, Boris Johnson’s India visit, the economy, attrition trend in the country, and RBI’s new card rules, and more.
British PM Boris Johnson is on a 2-day India visit. Today, he held extensive talks with Prime Minister Narendra Modi with an aim to expand cooperation in areas of defence, trade and clean energy.
Also, he thanked PM Modi for a grand reception in Gujarat. He said he felt like Sachin Tendulkar and Amitabh Bachchan when he saw hoardings everywhere.
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LIC's initial public offering could be launched as early as next week, sources told CNBC-TV18 on Thursday, adding that the IPO size has been trimmed down from earlier Rs 55,000-60,000 crore to close to Rs 30,000 crore.
LIC was yet to respond to CNBC-TV18’s query on the news.
In this episode of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on markets, electric vehicle fires, the pandemic, what happened at the Supreme Court hearing on demolition in Delhi’s Jahangirpuri and more from around the world.
Sensex and Nifty recovered for a second straight session today amid buying across sectors. The rally was boosted by strength in heavyweights Reliance, Infosys, and the HDFC twins. Investors' wealth increased by Rs 3.5 lakh crore as the market capitalisation of BSE-listed companies increased to Rs 271.8 lakh crore, according to provisional exchange data. They made Rs 5.7 lakh crore in two days.
In an update from the auto sector, NITI Aayog has issued a draft battery swapping policy in which it has proposed measures including incentives for EVs with swappable batteries, a new battery-as-a-service business model, standards for interoperable batteries, and subsidies to the swappable battery manufacturers.
Meanwhile, there was an explosion in an electric vehicle (EV) battery in Hyderabad that killed one person and others were injured. The incident took place two days ago and it follows at least six cases of fires in EVs that were reported in less than a month. The owners of the scooter had put the detachable battery on charge but it exploded after a few hours of charging.
The police have registered an FIR against the e-scooter manufacturer Pure EV. This is the third incident of fire involving Pure EV.
The company said that it did not have any record of the sale of the vehicle or service by the user in the database and that it was exploring if the scooter was purchased through a second-hand sale.
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Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
As COVID-19 cases are on the rise, the Delhi government on Wednesday again made it compulsory for people to wear masks in public places and those found without masks will be fined Rs 500. Schools in the capital will continue to conduct online classes for now.
In Haryana, the government has made told schools take not to make it mandatory for students to attend offline classes. Uttar Pradesh too upped vigil and asked officials to spread awareness about coronavirus, especially in the national capital region (NCR).
In this edition of Top News Podcast, CNBCTV18.com's Kanishka Sarkar shares updates on the pandemic, markets, economy, coal shortage in the country, and more.
On the stock market front, bulls made a comeback after five sessions of losses. Shares of Reliance Industries Ltd rallied for a second successive session, rising to an intraday high of Rs 2,731 levels, which is around Rs 20 away from its all-time high of Rs 2,751.
Meanwhile, a researcher says India's effective reproduction number (R) for Covid, an indicator of how quickly the infection is spreading, has increased to over one for the first time since January.
The researcher from Chennai's Institute of Mathematical Sciences said the country's R value has been steadily increasing over the last few weeks, it is 1.07 for the week between April 12-18 and in the preceding April 5-11 week, it was 0.93.
According to the researcher, this increase is not just because of Delhi but also Haryana and Uttar Pradesh.
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*In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.com.
Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.*
Experts have sent alarm bells ringing to warn of acute power shortages in several states of the country due to a low inventory of coal.
But that may not be the only reason for the power crunch. The power industry is also grappling with demand, as it has risen by 9 percent on the back of the opening up of the economy and the ongoing heatwave.
PK Das, Additional Chief Secretary - Power, Haryana on Tuesday said he believes coal cannot be singularly blamed for the current power crunch. The supply situation is about 14.50 crore units per day and we are only making a cut of about 3 to 4 percent.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on the power crisis, COVID-19 pandemic, hiring boom in the IT sector, Finance Minister’s warning on cryptocurrency, BPCL privatization plan, and more.
On the stock market front, Sensex and Nifty tanked in the last hour of trade amid weakness across global markets, amid a broad-based sell-off. Investors lost almost Rs 5 lakh crore in wealth, as the market capitalsation of BSE-listed companies came down to Rs 264.5 lakh crore from Rs 269.4 lakh crore at the end of yesterday’s close.
As per the Health Ministry’s 8 am bulletin, India reported 1,247 coronavirus cases in a day. Statewise -- Delhi has reported 501 new COVID-19 cases, followed by Haryana at 234 and Uttar Pradesh at 115. Sixteen states, and union territories have reported a rise in the active cases. A fresh fatality was also reported from Uttar Pradesh. Following the uptick, Haryana and Uttar Pradesh districts have made masks compulsory in several districts near Delhi.
Also, amid growing concerns over safety issues around electric vehicles (EVs) owing to multiple fire incidents recently, sources say all testing norms for batteries, cells and battery management are being revised.
CNBC-TV18 has learnt that the government is holding a dialogue with companies whose vehicles were involved in the recent fire incidents. This is after at least six incidents of fire in EVs were reported in less than three weeks in different parts of the country.
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IT major Infosys reported a 2.1 sequential drop in net profit to Rs 5,686 crore for the quarter ended March on Wednesday. Its quarterly revenue, however, increased more than a percent to Rs Rs 32,276 crore in the January-March period compared with the previous three months.
That was short of Street expectations. Analysts in a CNBC-TV18 poll had estimated the company's quarterly net profit at Rs 5,980 crore and revenue at Rs 32,867 crore.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares the latest on oil prices, experts take on the stock market, electric vehicles space, inflation and more on the Russia Ukraine crisis.
Following recent fires in electric vehicles, Niti Aayog CEO Amitabh Kant said original equipment manufacturers (OEMs) should voluntarily recall the batches of vehicles involved in such accidents.
He cited a few examples of similar cases where Ford, BMW, Volvo, among others, also recalled vehicles over fire risk which helped in creating a sense of confidence in consumers.
This comes as at least five incidents of fire on EVs have been reported in the last two weeks.
Meanwhile, officials and analysts say India is likely to face more power cuts this year as utilities' coal inventories are at the lowest pre-summer levels in at least nine years and electricity demand is expected to rise at the fastest pace in at least 38 years, according to a Reuters report.
Union Power Minister RK Singh has urged states to import coal for up to 10 percent blending to ensure adequate stocks for an uninterrupted power supply.
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The government has widened the probe into the recent incidents of fires on electric vehicles (EVs), sources told CNBC-TV18 on Tuesday. More experts have been deployed to strengthen the team investigating the cases including that of Jitendra Electric Vehicles, they said.
The Centre is conducting a comprehensive review of India's EV ecosystem including testing, standards, manufacturing, storage and transportation, sources added.
Meanwhile, Japan's Honda Motor said it plans to spend $64 billion on research and development over the next decade, laying out an ambitious target to roll out 30 EV models globally by 2030.
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Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to keep the repo rate and reverse repo rate unchanged in its first bi-monthly policy meeting of FY23, Governor Shaktikanta Das said on Friday.
However, the central bank has decided to continue with its “accommodative” stance but with a focus on withdrawal "to ensure inflation remains within target while supporting growth".
RBI raised the inflation projection for the current fiscal to 5.7 percent from the earlier forecast of 4.5 percent. It also revised India's real Gross Domestic Product (GDP) growth rate to 7.2 percent from February's 7.8 percent for FY23.
Halting a 3-day losing streak, Sensex and Nifty made a comeback after RBI left key rates unchanged and continued with its 'accommodative' stance. Gains across sectors, led by financial, oil & gas and metal shares, pushed the headline indices higher.
Mutual funds data also came in today. Mutual funds that invest in equity saw a net inflow of Rs 28,252.4 crore in March, according to data from the Association of Mutual Funds in India. This is up 43.8 percent compared with the previous month.
Meanwhile, Deepak Parekh, the chairman of HDFC said that he hopes to hear from RBI about the merger plan of HDFC and HDFC Bank shortly as it needs the approval of the central bank.
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The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) will announce its policy decision on Friday a CNBC-TV18 poll of economists expects the central bank to hold rates steady.
If that happens, it would be for the 11th consecutive time even as several people say RBI may be behind the curve compared to other central banks.
Ahead of the policy outcome, both the stock markets ended lower for the third consecutive session on Thursday. Sensex was down 575.46 points or 0.97 percent at 59,034.95, and the Nifty was down 168.20 points or 0.94 percent at 17,639.50.
Tech stocks were in focus as they declined ahead of earnings due next week. Nifty IT, the sectoral gauge, was down more than a percent. IT shares in Asia as well as the Wall Street echoed a similar drop. TCS, Wipro closed almost 2 percent lower whereas Infosys, M Phasis, Mindtree and Coforge declined in the range of 0.7 to 1.7 percent.
The price of CNG was hiked again by Indraprastha Gas by Rs 2.5/kg. This is the third price hike in April, which means a total hike of Rs 9.1/kg this month alone. CNG in Delhi now costs Rs 69.11 per kg.
Meanwhile, Ashneer Grover, founder and former managing director of BharatPe, hit out at the management of the fintech company over its quarterly results. He tweeted that he heard Bharatpe closed its first quarter of 'degrowth' and 'maximum cash burn' under the leadership of Rajnish Kumar and Suhail Sameer.
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Food delivery apps Zomato and Swiggy faced outages on Wednesday afternoon with customers complaining they were unable to place orders, browse menus or make payments. The outage came during lunch hours on a weekday when these companies witness a sharp rise in orders.
The market snapped a two-day positive streak and ended lower in a volatile session on Tuesday. Sensex closed at 60,176, down 435 points and the Nifty was down almost 100 points at 17,950. While FMCG and consumer durables stocks gained, financials including HDFC twins, Bajaj Finserv, Reliance Industries, and Kotak Mahindra Bank suffered losses.
Auto stocks were also in focus following the Federation of Automobile Dealers Associations auto sales data today. According to FADA, retail auto sales in India increased seven percent on a year-on-year basis in FY22 while in the month of March retail sales declined three percent compared with the corresponding period a year ago.
HDFC twins continued to be in the news after their merger announcement. HDFC and HDFC Bank shares took a breather today, which is a day after surging almost 10 percent each - their biggest intraday gain in 13 years. According to Morgan Stanley, HDFC-HDFC Bank combined will be one of the largest consumer lenders in the emerging markets in Asia.
Sources told CNBC-TV18 that the government is all set to launch the much-awaited LIC IPO in early May.
Meanwhile, market veteran and member of BSE Ramesh Damani said, the Indian market is in a sweet spot. Democracy, China Plus One, and digitization are all playing to India’s strength and thus the bull market is here to stay, he said.
Petrol and diesel prices were hiked by 80 paise a litre each today, which takes the total increase in rates in the last two weeks to Rs 9.20 per litre. Petrol in Delhi will now cost Rs 104.61 per litre while diesel rates have gone up to Rs 95.87.
On the global front, Shanghai extended restrictions on transportation today after a day of intensive city-wide testing and saw new COVID-19 cases surge to more than 13,000. This means there’s no end to the lockdown yet in sight.
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The Union Cabinet approved a hike of 3 percent in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners on Wednesday. With the latest increase effective from January 2022, the DA and DR now stand at 34 percent.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will share the latest on the economy, markets, electric vehicles, salary hikes, Russia Ukraine conflict and more from around the world.
In the stock market, Sensex and Nifty ended higher for the third straight session. Financial, auto and IT shares gained while metal shares suffered losses. Globally, markets sentiment was largely positive on progress in negotiations between Russia and Ukraine. Sensex rose 740.3 points to end at 58,684 and Nifty50 benchmark settled at 17,472.3, up 147 points from its previous close.
Fuel prices were again hiked today, taking the total increase in rates in the last nine days to Rs 5.60 per litre. Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs 91.47 per litre to Rs 92.27 according to a price notification of state fuel retailers.
On the economy front, Morgan Stanley believes inflation is not a significant problem for India. Jitania Kandhari, deputy CIO, portfolio manager for active international allocation, and head of the macro and thematic research for the EM equity team at Morgan Stanley, said that the peak of inflation is not here yet. She said, “Markets like India do not have such a significant inflation problem. It’s the US and Europe that have more of a problem because of the gas prices.
The Competition Commission of India (CCI) conducted raids at the premises of domestic tyre manufacturers, CEAT Limited, Madras Rubber Factory (MRF), and Apollo Tyres, sources told CNBC-TV18. The raids conducted over alleged competition violation and cartelisation, they said.
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At CNBCTV18.com, we have been tracking the fervour and popularisation of various cryptocurrencies closely.
Manisha Gupta of CNBC-TV18 spoke to Tarusha Mittal- COO and CO-Founder at UniFarm and Rashmi R Padhy- VP, Biz Operations at WazirX about recent trends and categories surrounding altcoins and their future.
Although Bitcoin and Ethereum are the most popular forms of cryptocurrencies today–amounting to over 60 percent of the market share– many other altcoins have shown the potential for massive growth. This episode deeps dive into how investors can make an informed decision before investing in these altcoins.
Tune in to Cryptocurrency Podcast to know more.
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Note: This is a partnered post.
The cost of both petrol and diesel was increased yet another time, by 80 paise a litre and that of diesel by 70 paise, each on Tuesday. This is the seventh hike in eight days. Since the last week, the cost of fuels has gone up by Rs 4.80 per litre.
Petrol in Delhi Rs 100, and is above this mark in most other state capitals. Diesel is selling at Rs 91.47. Sources told CNBC-TV18, oil marketing companies have opted for a gradual pass-through of fuel prices, which is likely to continue. The intent is to bridge the under recoveries on petrol and diesel and yet not shock the economy by a one-time steep hike in prices, they said.
Meanwhile, the Russia and Ukraine crisis has entered its 34th day and peace talks between the two nations are underway in Turkey. This is the first direct interaction between Russia and Ukraine in more than two weeks. However, according to Ukrainian television reports, talks began without even a handshake. A political adviser to President Volodymr Zelenskyy tweeted that two sides were discussing "the fundamental provisions of the negotiation process.
In the auto sector, Tata Motors said the cost of battery cells had increased by around 20 percent because of a global surge in raw material prices, mainly lithium, which has put pressure on the company in the short-term. Shailesh Chandra, president of Tata Motors, told Reuters that cell prices have been rising over months and he expects them to remain high for about a year. It should moderate within a year and then start coming down.
Will Smith apologised to Chris Rock for slapping him at Sunday night's Oscars ceremony. He admitted that his behavior was unacceptable and inexcusable and that he was out of line.
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Yogi Adityanath took oath as the Uttar Pradesh Chief Minister on Friday and the suspense over his deputy is also finally over. This time, Adityanath will have two deputies Keshav Prasad Maurya and Brahmin leader Brajesh Pathak.
Prime Minister Narendra Modi and Union Ministers Amit Shah and Rajnath Singh also attended the grand swearing-in ceremony.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares the latest on markets, economy, the auto sector and more.
Sensex and Nifty ended a choppy session in red today for the third day in a row. IT and consumer shares suffered losses whereas oil and gas shares gained. Sensex declined 230 points to settle at 57,360, retreating 480 points from its highest level of the day. Nifty50, meanwhile, closed at 17,153, down almost 70 points.
Fed's hawkish mood, shifts in Chinese economic policy and ongoing ructions in commodity markets due to the Ukraine crisis were on investors' radar.
Maruti Suzuki said it is looking to roll out its first electric vehicle (EV) before 2025. In fact, it expects 8-10 percent of the overall passenger vehicle (PV) market to come from electric vehicles by 2030. Meanwhile, the Income Tax department continued its search operations at Hero Motocorp for the third day today.
In West Bengal, the Calcutta High Court has ordered a CBI investigation into Birbhum violence that claimed eight lives earlier this week. The court directed an SIT formed by the West Bengal government to hand over case papers and accused persons arrested by it to the central probe agency.
Chinese foreign minister Wang Yi is in India. During the day, he met NSA Ajit Doval and his Indian counterpart S Jaishankar. Following the meeting, Jaishankar said, the current situation between India and China on the eastern Ladakh issue is "a work in progress" but moving at a slower place than desirable.
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The Metaverse is rapidly changing the landscape of interactive media and communication.
Manisha Gupta of CNBC-TV18 spoke to Rohit Kundliwal, Cryptocurrency Marketing Manager at WazirX, and Sai Krishna, VK- Founder at Scapic, about the future of the events in the metaverse.
They talk about the potential of events in the metaverse and how the metaverse is bridging generational gaps with offerings that span across age groups and social groups.
To learn how this promising technology will become more immersive and engaging, akin to in-person meetings, tune in to Cryptocurrency Podcast
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Note: This is a partnered post.
MS Dhoni fans may not be all that happy as he decided to step down as the captain of the Chennai Super Kings (CSK) team on Thursday, just two days ahead of IPL 2022. Dhoni captained the team since its inception in 2008. It’s like the end of an era but also the beginning of one because now all-rounder Ravindra Jadeja will lead the team.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares all top developments of the day from India and around the world, from markets, business, economy, politics, Russia-Ukraine war, and more.
Indian equity benchmarks indices ended marginally lower in the volatile session today. At close, the Sensex was down 89.14 points or 0.15 percent at 57,595.68, and the Nifty was down 22.90 points or 0.13 percent at 17,222.80.
During the day Paytm shares surged almost 13 percent and ended 9 percent higher after the company issued a clarification to the stock exchanges on the free fall of its stock in the recent past.
Another stock in focus was Zee Entertainment, which closed more than 16 percent higher. This is after Zee’s largest shareholder Invesco finally said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove Managing Director and CEO Punit Goenka and two independent directors.
the Income-Tax department continued its raids on the premises linked to Hero MotoCorp overnight and for the second day on Thursday. The search, which even continued overnight has expanded to multiple locations, according to sources.
In the NSE co-location scam, a Delhi court has dismissed the bail plea of the National Stock Exchange's former group operating officer (GOO) Anand Subramanian. Subramanian is presently in judicial custody.
Meanwhile in West Bengal, Chief Minister Mamata Banerjee said suspects of Rampurhat killings will have to be hunted down and arrested unless they surrender, and asserted that police would ensure the strictest punishment for the culprits.
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Petrol and diesel prices were hiked by 80 paise a litre each for the second day in a row on Wednesday, after more than four months. Catch all the top news stories from March 23 here.
A China Eastern Airlines aircraft with 132 people on board crashed in mountains in south China on Monday while on a flight from the city of Kunming to Guangzhou, China's Civil Aviation Administration of China (CAAC) said. The jet involved in the accident was a Boeing 737 aircraft and the number of casualties was not immediately known, state broadcaster CCTV said.
Meanwhile, Russia's war in Ukraine is in its 26th day and shows no signs of abating. The invasion has wreaked devastation and destruction, exacting a heavy toll on civilians. The UN says more than 3.38 million people have fled Ukraine.
The battle for Ukraine's strategic port of Mariupol raged today as Ukraine rejected a Russian offer to evacuate its troops from the besieged city and Russian bombardment continued. The key port city has seen some of the heaviest fightings since the invasion. Russian and Ukrainian soldiers are fighting block-by-block for control of the city where at least 2,300 people have died, some buried in mass graves.
On the domestic front, a Reuters report suggests India is considering making all adults eligible for booster doses of the COVID-19 vaccine. This, as cases grow in some countries and some Indians find it hard to travel abroad without a third dose. At present, only frontline workers and those older than 60 are allowed to take booster doses in India, whether free in government centres or paid for in private hospitals. The government is debating whether to provide boosters to other groups for free, the report said.
Electric vehicle manufacturing in India is set to get a further boost as Japanese automaker Suzuki Motor Corporation has said it will invest nearly Rs 10,445 crore by 2026 for local manufacturing of battery electric vehicles (BEV) and BEV batteries in Gujarat. The company has signed a Memorandum of Understanding (MoU) to this effect with the Gujarat government.
Meanwhile, according to a CRISIL report on the auto sector the utility vehicle segment is booming and rising multi-fold in India vis-a-vis the long-held view that India is a small car market.
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Ukrainian authorities on Wednesday have announced a 9 am-9 am ceasefire along several evacuation routes for civilians in besieged or occupied cities, though it is unclear whether Russian forces will respect it.
Deputy Prime Minister Iryna Vereshchuk said Russian authorities on Wednesday confirmed the cease-fire along the evacuation corridors to Ukrainian counterparts and the Red Cross. She said the routes lead out of Sumy in the northeast, Mariupol on the Azov Sea coast, Enerhodar in the south, Volnovakha in the southeast, Izyum in the east, and several towns in the Kyiv region. All the corridors lead to sites elsewhere in Ukraine that are currently held by the Ukrainian government.
Ukrainian president Volodymyr Zelenskyy has said that the international community would be responsible for a mass “humanitarian catastrophe” if it does not agree to a no-fly zone and warned that the country is at maximum threat level
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, commodities, the pandemic, the ongoing geopolitical tensions, elections and more.
The market extended gains to the second day with financial, IT and oil & gas shares being the biggest contributors to the gains. Sensex ended 1,223.2 points higher at 54,647.3 and the broader Nifty50 benchmark settled at 16,345.4, up 331.9 points.
Shares of InterGlobe Aviation, SpiceJet and Jet Airways surged up to 8 percent in intra-day trade after the government announced the resumption of international flights from March 27.
The geopolitical tension has led to some uncertainty about the launch timeline of the mega LIC IPO as government officials and investment bankers believe March may not be the best time for its launch. Sources claim that the LIC IPO may see the light of day in April.
Meanwhile, the US has banned oil and other energy imports from Russia. The European Union, however, did not join the bandwagon, due to its heavy dependence on Russian oil and gas supplies.
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All Indian students stranded in Sumy have now been evacuated, Union Minister Hardeep Singh Puri said on Tuesday. He tweeted that all the students who were stuck in the Ukrainian city of Sumy have been safely moved to Poltova in buses.
The development comes as Ukraine and Russia agreed to one evacuation corridor in Sumy, which has seen sustained Russian attacks and airstrikes in recent days.
Apart from the latest on the Russia-Ukraine crisis, in this edition of CNBCTV18.com’s Top News Podcast, Kanishka Sarkar shares the latest on assembly elections, stock market, NSE co-location scam, and more.
The market snapped its four-day losing streak and ended in the green, giving up initial losses. Sensex rose 581.3 points to end at 53,424.1 and Nifty50 settled at 16,013.5, up 150.3 points from its previous close. Financial and IT stocks gained whereas metal and select oil & gas stocks lost. Investors globally however remained cautious tracking newsflow on the Russia-Ukraine war.
Paytm shares, however, hit a fresh low during the day and plunged more than 65 percent below their issue price in just four months of listing. The stock slipped 2.8 percent from its previous close to an all-time low of Rs 732.35. It ended the day 1.9 percent lower at Rs 739.
On the trade front, government sources told PTI, India may consider alternative payment mechanisms for exporters if the Russia-Ukraine conflict continues for a long time and key trade sectors such as gems and jewellery face a problem in international cash transfer.
Meanwhile, the Reserve Bank of India (RBI) has launched a Unified Payments Interface (UPI) UPI123Pay for feature phones and a 24X7 helpline for digital payments platform DigiSaathi. This means people who do not have a smartphone or internet connection will also be able to make digital payments.
RBI Governor Shaktikanta Das said UPI123Pay will help achieve financial inclusion. He said the platform makes facilities under UPI accessible to that section of society that was so far excluded from the digital payment landscape.
In Goa, a day after the exit polls predicted a hung Assembly in Goa, hectic political activities have begun in the state with the Congress focusing on keeping its flock together and plans to shift all its candidates to a resort, a senior party leader said.
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Kremlin on Monday said the Russian military action will stop ‘in a moment’ if Ukraine meets conditions. Russia has demanded that Ukraine ceases military action, changes its constitution to enshrine neutrality, acknowledges Crimea as Russian territory and recognises the separatist republics of Donetsk and Lugansk as independent territories, Kremlin spokesman Dmitry Peskov said.
Russia declared a ceasefire in the areas of Kyiv, Mariupol, Kharkiv, and Sumy to allow evacuations, while major clashes were reported between Russian and Ukrainian forces in Luhansk.
With the war entering the 12th day, oil prices have surged more than 10 percent to cross $130 a barrel, the highest level since 2008, after the United States said it was discussing a potential embargo on Russian supplies with its allies.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on markets, assembly elections, the NSE scam, and more on the Russia Ukraine crisis
Sensex shed 1,491 points to end at 52,842 and Nifty50 finished the day at 15,879.3, down 366.05 points from its previous close. Both Sensex and Nifty50 are now about 15 percent off their all-time highs, scaled in October 2021.
Investors lost more than Rs 5 lakh crore in wealth today as the market capitalisation of BSE-listed companies came down to Rs 241.2 lakh crore, according to provisional exchange data showed.
However, ONGC, which is among the few stocks that stand to gain from rising oil prices, jumped more than 13.2 percent to close at Rs 187.
The Central Investigation Bureau (CBI) last evening arrested former National Stock Exchange CEO Chitra Ramkrishna in connection with the colocation scam. The CBI had on March 5 argued against giving bail to Ramkrishna, who is one of the key accused in the NSE co-location scam.
Meanwhile, it’s a triple whammy for the auto sector as the industry is grappling with a surge in crude prices, an extended shortage of chips due to the Russia-Ukraine war, and higher insurance costs.
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Indian student coming from the Ukrainian capital Kyiv was reportedly shot at in the ongoing conflict between Russia and Ukraine on Friday. The student has been hospitalised.
The war between the two nations has entered day 9. Ukrainian officials said the Russian army was firing from all sides upon Zaporizhzhia NPP in Ukraine, which is the largest nuclear power plant in Europe. The fire is now out, but Russian troops have taken control of the site.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the top developments on stock markets, inflation, geopolitical tensions and assembly elections 2022.
Ukraine’s President Zelensky said Kremlin's efforts to take over the massive nuclear power plant was "terror at an unprecedented level." He has again called for NATO to implement a no-fly zone over his country, according to reports.
On the other hand, Russian President Vladimir Putin has warned Russia’s neighbours 'not to escalate the situation' by imposing more restrictions on his country.
Meanwhile, a suicide bomb attack on a mosque in Pakistan’s Peshawar has killed at least 30 people and injured more than 50 people during Friday prayers. A rescue official said the blast occurred at a Jamia mosque in Qissa Khwani bazaar area in Peshawa. No group immediately claimed responsibility for the blast.
Kenneth Rogoff, an economist and professor at Harvard University, believes that central bankers are behind the curve when it comes to handling inflation. He explained that inflation is on the higher side and the Russia-Ukraine war will only aggravate it further. The kind of inflation that is currently seen is not good for growth and it has made Central banks’ task of curtailing it even tougher.
He said, this kind of uncertainty discourages investors and consumers, which makes central banks' task of trying to rein in inflation harder.
Meanwhile, Shirish Pardeshi, FMCG analyst at Centrum said, the rapid escalation in the conflict has pushed commodity prices higher owing to supply disruptions.
Jalan Kalrock Consortium, the new proposed promoter of Jet Airways, has appointed Sanjiv Kapoor as the chief executive officer (CEO) of the airline. Kapoor is currently President of Oberoi Hotels & Resorts. He is an aviation veteran and has also held the position of chief strategy and commercial officer at Vistara from 2016 until 2019. Before that, he led SpiceJet in 2014-2015 as its COO and de facto CEO from November 2013 until October 2015.
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While the Russia-Ukraine war has kept stock market investors cautious, commodities are witnessing a bull run and experts believe it’s likely to continue.
On Thursday, Sensex shed 366.2 points to end at 55,102.7, and the broader Nifty50 benchmark settled at 16,498.1, down 107.9 points from its previous close. ONGC, UPL, Power Grid, Wipro, Tech Mahindra, Indian Oil and Coal India rose the most whereas UltraTech, Asian Paints, HDFC Life, Shree Cement, Eicher Motors, SBI Life and Tata Consumer were the top laggards.
Meanwhile, crude oil inched closer to the $120 per barrel mark after hitting the highest level in almost a decade. Gold prices crossed $1900 per ounce, nearly at an all-time high.
Apart from market updates, in this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on the geopolitical tensions in Russia and Ukraine, assembly elections back home, the Future vs Amazon case, and more.
The war has entered its eighth day and the Russian military has intensified its assault on Ukrainian cities. Forces have captured at least one city Kherson in south Ukraine and pressed further into the strategic port towns of Odesa and Mariupol.
Meanwhile, the two sides are likely to meet for a second round of talks on ceasefire today. A Russian negotiator said a ceasefire was on the agenda, but Ukraine has said Moscow’s demands are unacceptable and Russia must stop bombing Ukrainian cities before any progress can be expected.
Back home, the Indian government has promised to evacuate all Indian citizens stranded in Ukraine within three days. So far, 17,000 Indians have left Ukraine but not all have been able to return yet. Nearly 4,000 Indian students have returned home until now and around 3,000 students are still estimated to be still in the war-hit country.
Voting for the sixth round of Uttar Pradesh Assembly polls was held today for 57 seats. Chief Minister Yogi Adityanath, Congress' Ajay Kumar Lallu, and Samajwadi Party's Swami Prasad Maurya were among the big weights in the fray.
Meanwhile, political leaders continued to hold campaign rallies for the last phase of polls on March 7. West Bengal Chief Minister Mamata Banerjee campaigned for Samajwadi party chief Akhilesh Yadav in UP. During a rally, she accused PM Modi of being busy in poll meetings while Indians are stranded in war-hit Ukraine. Modi, on the other hand, alleged that the Opposition is trying to divide society for votes at a time when India needs to be strong to deal with "serious challenges" the world faces.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.*
The Ministry of External Affairs advised all Indians in Kharkiv to leave immediately -- by 6 pm local time and 9.30 pm IST -- as Russian shelling on the Ukrainian city intensified on Wednesday. Indians have been advised to proceed to Pesochin, Babaye and Bezlyudovka for safety as the war has entered day 7.
On the back of escalating Russia-Ukraine tensions, crude oil continued to rise as sanctions on Russian banks hampered trade finance for crude shipments. Brent crude touched the $113 per barrel mark - its highest since 2014.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka sarkar also shares the impact of the war on stock markets, the auto sector, and the latest on assembly elections 2022.
Sensex ended over 770 points higher and Nifty50 finished the day at 16,606, down 188 points from its previous close.
India VIX -- also known as the fear index -- rose 2.3 percent to settle at 29.2. It soared almost 8 percent during the session.
Most auto stocks witnessed sharp correction as vehicle makers reported a mixed bag of February sales. Maruti Suzuki, Bajaj Auto and Tata Motors fell 1-6 percent, whereas Mahindra and Mahindra (M&M) gave up initial gains to end 0.9 percent lower. According to experts, factors including raw material inflation and semiconductor supply worries are again beginning to raise concerns for the auto industry.
On the assembly polls front, elections for the sixth phase for 57 assembly seats in Uttar Pradesh, including Gorakhpur Urban from where Chief Minister Yogi Adityanath is contesting, will be held on March 3.
For the 7th phase, which is due on March 7, West Bengal Chief Minister Mamata Banerjee will campaign for Samajwadi Party chief Akhilesh Yadav in Varanasi. For BJP, Prime Minister Narendra Modi is also likely to be in Varanasi on March 4 and 5, the last two days of campaigning for the Uttar Pradesh Assembly elections.
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Missiles pounded Ukraine's capital on Friday as Russian forces pressed their advance and authorities in Kyiv said they were preparing for an assault aimed at overthrowing the government.
Air raid sirens wailed over Kyiv, which is a city of three million people, and some residents sheltered in underground metro stations, a day after Russian President Vladimir Putin launched an invasion. Ukrainian President said 137 people, both servicemen and civilians, have been killed and hundreds more wounded since the invasion began.
Meanwhile, India is planning to stage another evacuation to bring back stranded Indians. Air India will operate two special flights for the evacuation. As the Ukraine airspace is closed for commercial aviation traffic, Air India has been asked to operate these two flights to Bucharest, the capital city of Romania.
The airline will operate the aircraft and base them in Bucharest. The Indian embassy will coordinate the movement of Indians to Bucharest for these evacuation flights.
The MEA has shared details of the four teams who are en route to borders with Hungary, Poland, Slovakia and Romania. Indian nationals in Ukraine near the border points can contact these teams. (Click here for contact details)
In this edition of Top News Podcast, apart from the situation in Ukraine CNBCTV18.com’s Kanishka Sarkar also shares how the crisis will impact fuel prices in India, the latest on the stock market, pandemic, the NSE-Yogi saga and more.
The Delhi government has decided to withdraw all COVID-related restrictions, including night curfew in Delhi, restart physical classes in schools from April 1 and reduce the fine for not wearing masks from Rs 2,000 to Rs 500, Chief Minister Arvind Kejriwal said. The chief minister said the restrictions were lifted as the COVID-19 situation had improved and people were facing hardships due to the curbs.
Bharti Airtel has entered into an agreement with Vodafone to buy 4.7 percent equity interest in Indus Towers on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in Vodafone Idea (Vi) and simultaneously remitted to Indus Towers to clear Vi’s outstanding dues. According to reports, the stake is valued at more than Rs 3,300 crore.
The Central Bureau of Investigation (CBI) last night arrested former NSE COO Anand Subramanian in connection with the 2018 NSE colocation case. CBI sources said he wasn’t cooperating with the investigating team and says he has forgotten his login ID and credentials since it’s been a long time.
As Subramanian is not sharing the required details, CBI has now deployed the cyber unit of its forensic unit for the analysis.
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Russia declared war on Ukraine on Thursday and its effects are being felt across the world. Russian forces invaded Ukraine by land, air, and sea hitting cities and bases with airstrikes or shelling, as civilians piled into trains and cars to flee. This is the biggest attack by one state against another in Europe since World War Two.
As tensions escalated, global stock markets bled and oil prices soared to multi-year highs.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest o the ongoing war, how the crisis is impacting the domestic market, what the govt is planning to evacuate Indians from Ukraine, and more.
Both Sensex and Nifty50 ended almost 5 percent lower with all sectors witnessing losses. Sensex was down 2,700 points at 54,530 and Nifty50 gave up more than 800 points to settle at 16,248. India VIX, the fear gauge that indicates the volatility in the market, jumped to a 20-month high of 32, up 33 percent.
All oil and gas and energy stocks ended in the red. While GAIL, BPCL, Adani Green, Indraprastha Gas, and Tata Power fell in the range of 6 to 9 percent, Mangalore Refinery and Petrochemicals Limited shares ended more than 10 percent lower.
Brent crude rose above $104 a barrel, its highest level since August 2014 and the largest cryptocurrency Bitcoin dropped below $30,000 on the back of geopolitical tensions.
As the markets crash, experts suggest keeping some cash in hand. Nilesh Shah of Envision Capital told CNBC-Tv18 that there could be another 5-10 percent decline in the next few days given the uncertainty. He said SIP is clearly a disciplined approach to investing and that is something that should be kept intact.
Meanwhile, NATO has announced that it will take additional steps to strengthen the alliance's deterrence and defence after Russia launched an invasion of Ukraine and hold an emergency summit of its 30 member nations on Friday.
Back home, Finance Minister Nirmala Sitharaman will meet Prime Minister Narendra Modi to discuss the situation arising out of the Russia-Ukraine conflict. The meeting will prioritise evacuation strategy for the Indians stranded in Ukraine, sources said.
Separately, sources have indicated India may resume regular international flights around March 15-20. The flights were suspended for almost two years after the pandemic broke out.
On the economy front, the Reserve Bank of India (RBI) today released the minutes of the Monetary Policy Committee (MPC) meeting. The panel expects inflation to peak in the fourth quarter of the current fiscal. RBI governor Shaktikanta Das said the renewed surge in international crude oil prices will require close monitoring.
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Ukraine's National Security and Defence Council has asked the parliament to impose a state of emergency throughout the country, except for Luhansk and Donetsk, which have been claimed by Russia, a Guardian report said on Wednesday. A top security official cited by news agency Reuters said the emergency state would last 30 days and could be extended for another 30 days.
Meanwhile, Russian state-run news agency Tass reported Putin’s Russia has started evacuating diplomatic personnel from Ukraine.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest developments on the Russia-Ukraine conflict, assembly election 2022, and more on markets, business, economy and travel.
Both Sensex and Nifty ended in red for the 6th straight day with auto and select financial stocks leading losses whereas consumer and PSU banking shares gained in a volatile session. Globally, the investor focus remained on the Russia-Ukraine crisis.
However, several new-age stocks gained today with a few analysts turning positive on them, even as most others remained cautious. Nykaa shares rallied over 5 percent during the day and ended more than a percent higher as brokerage firm JM Financial reiterated its ‘buy’ rating on the stock. Zomato shares, on the other hand, rallied nearly 7 percent to an intraday high of Rs 85.20. The food delivery platform’s stock settled at Rs 84, up 5.33 percent from its previous close.
Explaining the volatility in the market, Atul Suri, CEO at Marathon Trends-PMS, told CNBC-TV18 that at present the markets are not trending, they are sideways, which is why there will be these cases of ‘Kabhi Khushi Kabhi Gham’. He believes the market currently is in a consolidation phase and there won’t be runaway trending winners.
In another significant update, sources have told CNBCTV18.com that CBI has questioned N Murlidaran, Executive Vice Chairman of NSEIT, as part of its probe into irregularities in NSE’s colocation facility. He had been directly reporting to Chitra Ramakrishna and handled software development and design during the period NSE had started offering the colocation facility to its trading members.
Meanwhile, Reliance Industries (RIL) Chairman and Managing Director Mukesh Ambani said India is likely to overtake countries to become the 3rd biggest economy by 2030. He also expressed concern over climate change and said the transition to clean energy is not an option anymore but a compulsion.
BharatPe has fired Madhuri Jain, the company's controller, on charges of "misappropriation of funds". Jain, whose husband is BharatPe cofounder Ashneer Grover, was in charge of finances since October 2018.
She has alleged a ‘witch-hunt’ by BharatPe Chairman Rajnish Kumar and others. She has alleged that the audit is a sham and that no confidentiality was maintained.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.*
Britain on Tuesday slapped sanctions on five Russian banks and three high-net-worth individuals including Gennady Timchenko after President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine.
"This is the first tranche, the first barrage of what we are prepared to do," Prime Minister Boris Johnson told parliament.
Earlier in the day, British Health Secretary Sajid Javid told Sky News that it can be concluded the invasion of Ukraine has begun. He said the Russians and President Putin have decided to attack Ukraine and its territorial integrity.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on the Russia-Ukraine conflict, how countries are reacting to Vladimir Putin’s move, and more from India and around the world.
India has called for dialogue to resolve the matter peacefully. On the domestic front, Union Finance Minister Nirmala Sitharaman said, the impact of the crisis is yet to be felt on trade. And that, India will be careful its exporters don't suffer because of the conflict.
The Indian embassy in Ukraine once again asked Indian students to leave the country temporarily.
US President Joe Biden announced financial sanctions in the parts of Ukraine that were recently recognised as independent by Russia. He said further sanctions could follow if Russia continues to disrupt peace in the region.
The escalating geopolitical tensions have triggered a sell-off across global markets. The Indian market extended losses to a fifth straight session today, even as both Sensex and Nifty, recouped more than half of their intraday losses.
Prices of oil hovered near $100 a barrel, reaching multi-year highs, whereas gold rose above Rs 50,000 to the highest level in 13-months.
Meanwhile, market expert Dipan Mehta said he is bullish on the likes of Nykaa and Zomato. He has a positive view on platform companies, especially profitable ones. Such companies will enable investors to understand the business model of new-age firms, a space he believes the future wealth creators will hail from.
The fourth phase of polling will be held in Uttar Pradesh on February 23 across 59 assembly constituencies. Voters will cast their ballots in the districts of Pilibhit, Lakhimpur Kheri, Sitapur, Hardoi, Unnao, Lucknow, Rae Bareli, Banda and Fatehpur. Of the 59 seats, the BJP had won 51 in the 2017 Assembly elections, four had gone to the Samajwadi Party, and three to the Bahujan Samaj Party.
Prime Minister Narendra Modi, Union Home Minister Amit Shah, and JP Nadda campaigned for the remaining phases of the elections in UP. Modi also addressed a rally in Manipur where he called for the people to vote for BJP’s double engine government. He also slammed Congress for making fun of northeastern culture.
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The domestic market extended losses for the third straight day as investors remained cautious due to the ongoing tensions between Russia and Ukraine. Sensex ended 54 points lower at 57,833 and Nifty50 fell below 17,300 at the close.
RIL, Infosys, Ultratech Cement, Bajaj Finance, ICICI Bank, Bharti Airtel, and M&M accounted for most losses on Sensex and HDFC twins, L&T, TCS, and Axis Bank were the gainers.
Shares of most new-age companies were in the negative territory today. Paytm, CarTrade, and Fino Payments Bank ended the session at all-time lows amid the overall negative trend.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares why Central Bureau of Investigation (CBI) is questioning former National Stock Exchange chief executive officer Chitra Ramkrishna.
This is a day after the income tax department searched Ramkrishna's residence in Mumbai. Prior to that markets regulator SEBI imposed a penalty of Rs 3 crore on her for sharing confidential information with an unknown person and hiring-related irregularities.
Meanwhile, a special court in Ahmedabad awarded death penalty to 38 convicts and sentenced 11 others to life imprisonment in the case related to the 2008 Ahmedabad serial blasts. This blasts had claimed 56 lives and left over 200 injured.
On the global front, the situation along the Ukraine border remains tense. Russian-backed rebels and Kyiv's forces have accused each of firing across a ceasefire line overnight. Meanwhile, the US has accepted an invitation from Russia for a meeting next week provided there is no further Russian invasion of Ukraine.
Local report suggests Russia has announced new drills involving 'strategic forces' on Saturday, Aerospace Forces and Strategic Rocket Forces will take part in what the military described as exercises of the country’s strategic deterrence forces. Russian President Vladimir Putin will oversee military ballistic and cruise missile drills, the reports said.
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The Delhi Police found an Improvised Explosive Device (IED) in a bag from a house in the Old Seemapuri area in Delhi on Thursday, reports said. Earlier, calls regarding unattended bags and bomb threats at two different places in east Delhi created panic.
According to a source cited by news agency IANS, an investigation in the Seemapuri IED call has revealed links to the Ghazipur incident, where an IED was found last month.
Meanwhile, the domestic stock market extended losses to the second straight day despite opening on a positive note. Sensex ended 104.7 points lower at 57,892 while Nifty finished at 17,304. Shares of oil and gas gained, while financial, pharma, and metal shares fell.
Ace investor Rakesh Jhunjhunwala today addressed the 4th edition of CII Real Estate confluence and shared a very optimistic outlook for India. He thinks India will grow at 10 percent by 2025-26. He said, “India ka time aa gaya hai” and the country needs a plank--such as ease of doing business.
Jhunjhunwala also emphasised the need for housing to develop at the same pace as other infrastructures, such as metro rail connectivity. He was also very bullish on the commercial real estate sector as the sector’s development is critical to India’s development.
HDFC chairman Deepak Parekh also said the real estate market is on an upward cycle and that demand is coming from genuine home buyers, not from speculative ones.
The income tax department today searched former National Stock Exchange (NSE) chief executive officer (CEO) Chitra Ramkrishna. This is just a week after the Securities and Exchange Board of India penalised her and imposed a penalty of Rs 3 crore for sharing internal confidential information with an unknown person and irregularities in the appointment of a senior official Anand Subramanian.
On the global front, the tensions between the West and Russia persists even as Moscow announced a new drawdown of military forces from the Crimean peninsula region. NATO allies have accused Russia of misleading the world by saying it was returning some troops to bases. According to NATO, Russia has instead added as many as 7,000 more forces near its tense border with Ukraine. The alliance has warned that the buildup has only strengthened its resolve.
On the political front, as election campaigning is underway, Prime Minister Narendra Modi said at a rally in Punjab's Abohar, history has witnessed that Congress has always betrayed farmers.
Meanwhile, former PM and Congress leader Manmohan Singh asserted people of Punjab remember Congress’ good work.
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Legendary music composer and singer Bappi Lahiri aka the 'King of Disco' passed away on Wednesday. He was 69. The singer died at a Mumbai hospital battling multiple health issues.
From Disco Dancer, Chalte Chalte to Tamma Tamma, the Kolkata-born musician has given numerous hit songs over the years that continue to play in people’s minds. In fact, the 'disco king' was the one who introduced Bollywood to cabaret music.
Bappi Da -- as he was lovingly called -- has left a legacy that will be etched forever in our minds.
Meanwhile, the domestic stock market ended on a negative note in a volatile session. Oil & gas and pharma stocks surged, but losses in financial and IT shares limited the gains. Sensex ended 145 points lower at 57,996 and Nifty50 settled at 17,322. During the session, Sensex swung nearly 800 points.
However, elsewhere in Asia, stocks closed with significant gains as fears of a Russian invasion of Ukraine dispersed.
In the Indian markets, stocks of new-age businesses like Paytm, Zomato and Cartrade rebounded from their 52-week lows in the previous session. Paytm rose more than a percent to Rs 861 and Zomato was up 2.7 percent and settle at Rs 85, after slipping marginally below its issue price of Rs 76 in yesterday’s session.
Meanwhile, both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have given their approval to the LIC IPO, sources have told CNBC-TV18. This is days after LIC filed its draft papers with SEBI for sale of a 5 percent stake by the government for an estimated Rs 63,000 crore.
On the global front, NATO Secretary-General Jens Stoltenberg said Russia is continuing its troop build-up and the recent withdrawal might not mean de-escalation. He said that Russia has often moved troops back and forth, but it continues to maintain the capability of a full-fledged invasion of Ukraine in the shortest period of time.
NATO defense ministers will meet in Brussels today to discuss what they call the “the most serious security crisis we have faced in Europe for decades.”
Meanwhile, a survey has found salary hikes in India are expected to touch a 5-year high in 2022. Aon India’s Survey survey said increments are likely to reach 9.9 percent this year. This is the highest increase in salaries amongst the BRIC nations with Russia at 6.1 percent, China at 6 percent, and the US at 3.6 percent.
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Russia said some units participating in military exercises were returning to their bases on Tuesday, adding to glimmers of hope that the Kremlin may not be planning to invade Ukraine imminently. However, it gave no details on where the troops were pulling back from, or how many.
Britain, the United States, the European Union and other allies have warned they would impose heavy economic sanctions on Russia the moment any invasion occurred. Meanwhile, Russia says it has no plans to invade.
Apart from the Russia-Ukraine conflict updates, CNBCTV18.com’s Kanishka Sarkar shares the latest on markets, economy, politics, and more in this edition of the Top News Podcast.
The domestic market snapped the two-day losing streak and ended higher led by buying across sectors. Both Sensex and Nifty closed 3 percent higher. The 30-share barometer rallied 1,736.21 points to 58,140 and Nifty was up 509.70 points at 17,352.50.
Market veteran Shankar Sharma spoke to CNBC-TV18 today about the upcoming mega LIC IPO. He is of the view that the IPO will drain out market liquidity but not directly from small investors as he thinks demand may not come directly from the retail category. It has to come from mutual funds and foreign portfolio investors, he said.
Meanwhile, Mark Mobius said Russia and Ukraine crisis is a side-show to the interest rate hike scenario. The market guru is of the view that the US Federal Reserve is a little late in announcing the interest rate hike because, according to him, if the central bank thinks CPI is a good indicator of inflation, it is not the case.
Reflecting on the Indian markets, he said, growth prospects continue to look up and Indian equities are still in a long-term bull market. But, he advised keeping some cash levels that can be deployed if there's correction, which he predicts won’t go beyond 10 percent from the current levels.
On the political front, Former Law Minister Ashwani Kumar has resigned from the Congress, ending his 46-year-long association with the party, in the middle of assembly polls in five states and ahead of the February 20 election in Punjab. He said, the party had lost touch with ground reality and no longer reflected the national mood.
RJD chief and ex-Bihar Chief Minister Lalu Prasad Yadav has now been convicted in all five fodder scam cases in which he was named as a conspirator.
Meanwhile, Ashish Mishra, the son of Union minister Ajay Mishra and the main accused in the Lakhimpur Kheri violence case, was released from jail today.
Global electric vehicles sales went up to nearly 6.5 million across the world in 2021, which is up 109 percent from 2020. These include fully electric and plug-in hybrid passenger cars. Tesla led the global EV market with a 14 percent share, according to a report.
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The Reserve Bank of India kept key lending rates —repo rate and reverse repo rate —unchanged at 4 percent and 3.35 percent, respectively on Thursday. The central bank has projected 7.8 percent GDP growth in FY23, which is lower than the Finance Ministry’s estimate of 8 to 8.5 percent.
Investors cheered the RBI's status quo on key interest rates and policy stance with most rate-sensitive stocks rising. This pushed the headline indices higher.
Meanwhile, RBI Governor Shaktikanta Das said inflation is expected to peak in Q4 of FY22 and it shall moderate in the second half of FY23. According to him, the food prices are easing and that is adding to optimism but the hardening crude oil prices is a major upside risk.
The central bank maintained its critical stance on cryptocurrency and said it is a huge threat to macroeconomic and financial stability. He warned that cryptocurrency investors must keep in mind that they are investing at their own risk and that there’s no underlying for such assets.
The first phase of Uttar Pradesh Assembly elections 2022 was held today in western UP across 58 constituencies in 11 districts. About 58 percent of voters cast their ballot in this phase of polling, which covered the Jat-dominated belt of UP's western region.
Meanwhile, in Punjab, Arvind Kejriwal's wife and daughter will campaign in Dhuri on Friday for Aam Aadmi Party’s chief ministerial candidate in the state Bhagwant Mann.
On the auto sector front, the Centre has selected 20 companies across passenger vehicle, two-wheeler, and new non-automotive companies under the PLI scheme. The Rs 25,938 crore Automotive PLI Scheme will be rolled out from April 1, 2022, for a period of five years.
Also, a study has found more than a third of Indian consumers have expressed interest in electric vehicles. This comes in line with India's focus on environment-friendly, self-manufactured and sustainable solutions post-pandemic. According to the Deloitte study, 59 percent of the Indian consumers were concerned about climate change, pollution levels, and gasoline/diesel vehicles emissions.
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The single judge of the Karnataka High Court hearing the case related to the Hijab ban in school-college campuses referred the matter to Chief Justice Ritu Raj Awasthi on Wednesday.
The state government, meanwhile, has imposed a 2-week ban on gatherings and protests near educational institutions in Bengaluru.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on hijab row and latest updates on the economy, market, health, technology, and more from around the world.
The domestic market extended gains to a second straight day led by the rise in financial, auto, and IT stocks. Both Sensex and Nifty rallied as investors awaited the outcome of the review by the RBI's Monetary Policy Committee, which is due on February 10. The central bank is widely expected to hold its repo rate steady but increase its reverse repo rate to reduce surplus liquidity poured into markets during the pandemic.
Meanwhile, Adani Wilmar stock, which made its debut on Dalal Street on February 8, surged on the second day too and commanded a premium of 38 percent over the issue price.
On the political front, the first phase of the Uttar Pradesh assembly elections is set to be held on February 10. Voting will take place for 58 assembly constituencies spread across 11 districts, out of the 403 seats in the state.
Though the main contest is believed to be between the BJP and the SP-RLD, the BSP too has its influence on some seats in the first phase.
Google's annual Year in Search report said Indians looked up the internet for solutions to hybrid lifestyles, finances, and electric vehicles. Indians have become adept at leveraging internet access to make more informed choices and better decisions, according to the report.
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The enthusiasm around cryptocurrency investments has made it increasingly important for investors to keep a check on the authenticity of any crypto project they invest in to safeguard themselves from potential scams.
Manisha Gupta of CNBC-TV18 spoke to Faisal Kawasoo, Founder of Techarc, and Abhinav Venkat, Director - Product at WazirX, about identifying the legitimacy of a crypto project in this special podcast presented by CNBCTV18.com and WazirX.
Tune in to Cryptocurrency Podcast to know how investors can adopt basic checks and balances before investing in any blockchain asset
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Note: This is a partnered post.
The stock market snapped its three-day losing run with both Sensex and Nifty ending higher in a volatile trading session on Tuesday, ahead of the Reserve Bank of India's policy outcome on February 10. Auto, metal, pharma and PSU bank stocks gained while all other sectoral indices ended in the red.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares the latest on assembly elections 2022. Days before the first phase of the Uttar Pradesh assembly polls, BJP released the election manifesto for the state promising free electricity for irrigation and a minimum of 10-year jail for 'love jihad'.
Meanwhile, Uttar Pradesh Chief Minister Yogi Aditynath and his Delhi counterpart Arvind Kejriwal engaged in a war of words on Twitter over lockdown management. While the UP CM called Kejriwal a 'traitor of humanity’, the latter hit back calling the former a 'cruel ruler.'
In his Rajya Sabha address, Prime Minister Narendra Modi hit out at the Congress saying the party never thought beyond its dynasty and targeted it over Emergency, Kashmiri Pandits, and massacre of Sikhs.
In Karnataka, Chief Minister Basavaraj Bommai has ordered the closure of all high schools and colleges for the next three days amid an ongoing hijab row. This came after protests for and against the 'hijab' intensified at colleges in different parts of ths state.
The Tamil Nadu Assembly has again adopted the anti-NEET Bill. A special assembly session was convened for the purpose during which the bill was adopted by voice vote. All political parties, except the BJP, supported the bill. This is the second time that the Tamil Nadu Assembly has adopted the anti-NEET bill. The bill will now be sent to Governor RN Ravi for the second time. He had returned it on February 1, asking the state legislature to reconsider it.
Meanwhile, Ashneer Grover, the co-founder of BharatPe, is in talks with investors to sell his 9.5 percent stake in the company. This could result in his full exit from the company. Grover landed in controversy last month for alleged use of inappropriate language against one of Kotak Group’s employees. After a leaked audiotape, the founder went on a voluntary leave of absence until March-end.
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In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.comDisclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Indian shares ended lower for the second straight day on Friday. Sensex fell 143 points to close at 58,645 and Nifty50 dropped 44 points to close at 17,516. However, on a weekly basis, both indices gained more than 2 percent each after failing for two consecutive weeks.
On the global front, Facebook’s parent company Meta suffered one of the worst single-day losses in stock market history on Thursday. The shares plunged more than 26 percent losing more than $200 billion.
As Meta’s stock has taken a beating, should Indian investors buy the shares at the discounted price? In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares expert views and data that investors must consider before deciding to bet on the opportunity.
Investing in US stocks brings exposure to some of the biggest companies in the world for investors while also giving Indian investors the double benefit of rising shares with a weakened rupee to the dollar, which means that they earn more for their investment.
Meanwhile, as daily COVID-19 cases are gradually coming down, several states have begun easing restrictions.
Karnataka has allowed theatres, gyms, yoga centres and swimming pools to operate at full capacity. Delhi too has announced more relaxations. Schools, colleges, offices, and gyms in national capital will reopen from Monday. The night curfew will continue but it has been pushed back by an hour, which means there’ll be a night curfew from 11 pm to 5 am. Also, drivers in cars with no other passengers will be exempt from mask rules.
In another update from the business world, BharatPe founder Ashneer Grover has accused CEO Suhail Sameer of siding with investors to oust him. In an exclusive interview with Moneycontrol, Grover said Sameer was a "puppet" of the investors and that a larger conspiracy was at play behind ousting him and instituting a probe.
Ashish Singhal, co-founder and CEO of CoinSwitch Kuber said taxation of digital assets is a positive development and signals that government recognises the crypto industry. He added there has been a 35 percent increase in new signups post the budget.
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Sensex and Nifty fell on Thursday to retreat from two-week highs registered in the previous session, as the bulls halted a winning run that began on the eve of the Union Budget for FY23. Sensex ended 770 points lower at 58,788 and Nifty50 fell more than 200 points to settle at 17,560.
Even as many believe the Reserve Bank of India (RBI) would soon hike interest rates, Keki Mistry, vice-chairman and managing director of Housing Development Finance Corporation (HDFC) has said he doesn’t expect the rate hike in the central bank’s February policy.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the COVID-19 pandemic situation in the country, cryptocurrency fraud, Facebook losing users, and on Future Retail, the company being fought over by Reliance Industries and Amazon.com Inc.
The government today said, there’s a decline in COVID-19 cases but it didn’t want to use words like wave and peak as there are still some areas where cases are increasing. Therefore, it said COVID-19 management strategies still need to be implemented because the overall number of cases is still high.
A report suggests the Centre is planning to sell a 5 percent stake in the LIC IPO. The government has finally received the embedded valuation report for LIC and may file the draft red herring prospectus (DRHP) within a week’s time.
Meanwhile, CNBC-TV18 has learnt the government is in advanced stages of working on the battery swapping policy. The Ministry of Heavy Industries has been working on it and the inter-operability standards between batteries of different electric vehicles (EVs). It has sought feedback from at least 100 companies, a lot of consultation has already happened and it is understood that the government intends to bring out the policy in the next two to three months.
Mumbai civic body presented its budget today and has announced a 100 percent relief from payment of property tax for the flats measuring up to 500 square feet of carpet area. Mumbai municipal commissioner Iqbal Singh Chahal has said About 16,14,000 citizens will get 100 percent property tax relief and the amount of exemption to citizens is Rs 462 crore per annum.
Tune in to Top News Podcast for more In case you have any queries or suggestions, please write to us at cnbctv18podcast@nw18.comDisclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Finance Minister Nirmala Sitharaman exclusively interacted with Rahul Joshi, Editor-in-Chief of Network18, on Wednesday about the major announcements in Budget 2022.
In this episode of Budget Podcast, CNBCTV18.com’s Kanishka Sarkar shares Sitharaman’s comments from the interview, in which she said, if things go the way they are going now, the 8 percent GDP growth target for FY23 is achievable.
When asked if the capex boost announced in Budget 2022 will fire up private investments, Sitharaman said she’s hopeful of that.
Meanwhile, in her Budget speech on Tuesday, Sitharaman allocated Rs 86,200.65 crore to the healthcare sector and this is 16 percent higher than the previous budget. However, the spending on 'medical and public health' has been reduced Rs 41,000 crore from Rs 74,800 crore last time due to lower requirement of vaccination, according to Budget documents.
The government has said, income from digital asset transfers will be taxed at a rate of 30 percent, specifying that no deductions and exemptions will be allowed. This move is being called 'crypto tax'. The Finance Minister said, a currency becomes, or, a currency is a currency only when it is issued by the central bank, even if it is crypto. Anything outside of that is not currency, she said.
The Indian Association of Tour Operators, however, was extremely disappointed with the government for “ignoring the plight of the sector,” which bearing the maximum brunt of the COVID-19 pandemic.
On the extension of the emergency credit-linked guarantee scheme (ECLGS) and expansion of guarantee cover under it, the tour operator body said that an extension of the loan under ECLGS is of no use for the inbound tour operators as they are not able to pay EMIs of the loan they have already taken. Besides banks are not providing fresh loans to the tour operators until they clear their previous loans, it said.
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Finance Minister Nirmala Sitharaman announced the Budget for the 2022-23 fiscal on Tuesday. A massive capex boost was announced, more credit lines have been proposed for small businesses, and a push for digital banking and amendments to strengthen the bankruptcy law were among other key announcements.
However, against all expectations, Sitharaman did not tinker with the personal income tax rates. She also did not raise the standard deduction limit, which was widely anticipated in view of high inflation levels and the impact of the COVID-19 pandemic on the middle class.
In this edition of the Budget Podcast, CNBCTV18.com’s Kanishka Sarkar gets in conversation with Preeti Khurana, Director of Advocacy and Regulation at Clear, and Vikas Singhania, CEO of TradeSmart to understand why no major relief was announced for the salaried taxpayers.
Khurana is of the view that the government has left income tax provisions were left untouched maybe because the tax filing date got extended and so there was no time to review the tax provisions yet.
It is clear from Budget 2022 that the government is focused on putting in place more compliance measures so that more and more people pay taxes, she said. The government has also included a penalty on updating the tax return even though it has permitted correcting omissions and errors in original income tax return within two years from the end of the assessment year, Khurana added.
Khurana also spoke about the surcharge on long-term capital gains capped, which the Finance Minister said, has been capped at 15 percent.
Meanwhile, Vikas Singhania, CEO of TradeSmart explained the 30 percent tax that’ll be charged on proceeds from the sale of digital assets, with no deductions allowed other than the cost of acquisition.
Singhania says that though the government did not come up with any specific regulation on cryptocurrency, with this move, it has in a way allowed transactions in the digital currency.
He also explained how the battery swapping policy proposed by Sitharaman in the Budget will help boost the electric vehicles segment.
The government has proposed to set up interoperability standards, considering the constraint of space in urban areas for setting up charging stations at scale. According to Singhania, this will help people overcome the hesitancy of buying EVs for long-distance travel purposes.
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Just one day to go for Nirmala Sitharaman to make the Budget 2022 speech and for the country to find out what the government has decided for each industry for FY23 and how the reforms will impact the common man.
In this edition of Budget Podcast, CNBCTV18.com’s Kanishka Sarkar will not only share what various sectors are expecting from tomorrow’s announcement but also about the Economic Survey 2021-2022 tabled by Union Finance Minister Nirmala Sitharaman in Parliament on Monday
The survey has projected India's growth for the financial year 2023 at 8-8.5 percent whereas the FY22 GDP growth is seen at 9.2 percent.
It survey states the economy is in a good position to see this growth with the COVID-19 vaccination programme having covered the bulk of the population, economic momentum building back, and the likely long-term benefits of supply-side reforms that are in the pipeline. However, the economy needs to remain wary of imported inflation, the survey flagged.
India’s Consumer Price Index inflation stood at 5.6 percent YoY in December 2021, which is within the targeted tolerance band. Wholesale price inflation, however, has been running in double-digits.
Though the high WPI inflation is partly due to base effects, which will even out, India must remain cautious against imported inflation, especially from elevated global energy prices, it said.
In an exclusive interview with CNBC-TV18, Niti Aayog Vice-Chairman Rajiv Kumar said the 8-8.85 percent GDP growth forecast seemed "just about right" and that he expects investment in the private sector to take off. He added that exports, domestic investment, and consumption will all drive growth towards the target estimate.
While many sectors are looking for reforms in the GST levied on several products and services, MS Mani, Partner- GST, Deloitte India has highlighted that the Budget only provides directional clarity and that the future reform in GST is something which people should wait and watch carefully.
According to Akash Sinha, founder and CEO of CashFree Payments, if there’s one thing we know from the PM’s call for a fintech revolution, financial inclusion and empowerment along with digitalisation will rule the roost this Union Budget. He says the govt must consider relaxing tax norms and infusing funds. It should also focus on creating an active banking population.
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The budget 2022 countdown has begun and come February 1, Union Finance Minister Nirmala Sitharaman will announce the annual financial statement for next fiscal.
In this episode of the Budget Podcast, CNBCTV18.com’s Kanishka Sarkar shares what edtech startups, fintechs, chipmakers, and women want from the upcoming budget.
According to the WEF Global Gender Gap Report 2021, India has slipped 28 places to the 140th rank out of 156 countries due to inadequate representation in politics, technical and leadership roles, decrease in women’s labour force participation rate, poor healthcare, lagging female-to-male literacy ratio and income inequality.
However, over the past year, 42 percent of women business owners have shifted to a digital business model, and 34 percent have identified new business opportunities in response to the pandemic. But, more needs to be done.
Priyank Shah, co-founder and director, RENEE Cosmetics said he expects the Finance Minister to introduce some relief in taxation and goods and service tax (GST) policies so that women entrepreneurs are encouraged to take the leap with a little more convenience.
He wants the government to encourage and provide funds to enable academic incubation centres in women-only colleges so that young women can explore entrepreneurship and also create startups.
Shah thinks support of working capital and interest-free loans would be another highly beneficial move to encourage women-led startups.
Given the critical applications of semiconductors in artificial intelligence, 5G, robotics, automobile industry and other, and the supply constraints, Dinesh Kumar, Associate Partner — Indirect Tax and Raghunathan Parthasarathy, Associate Partner — Direct Tax at BDO India, suggest the government could consider announcing incentive packages.
This could include activity-based incentives in the form of 150 percent weighted deduction towards in-house R&D expenditure, income tax holiday for chip export businesses, enhanced income tax deduction to companies that aid development, operate and maintain relevant infrastructure, and reduced GST rate from the present 18 percent.
These, the duo thinks, will be a great support to home-grown chip companies and could go a long way in making India more self-reliant.
Meanwhile, another sector that is booming given the shift towards digital, is the edtech startups ecosystem. The e-learning startups bagged $4 billion worth of funding in 2021.
On the budget wishlist, Rachit Agrawal, co-founder and Director, AdmitKard says he expects to see the economy moving its focus to build stronger capabilities in the school infrastructure to enable the hybrid model of education. He also thinks early education needs to get more tech-enabled.
Amid a rapid shift towards digital payments, George Sam, business head and co-founder at Mindgate Solutions, has said the finance minister must take action to minimise translational costs, thereby promoting large ticket size payments in the B2B segment. He said that one such critical step is expected to come through a push towards prepaid transactions through UPI.
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Union Finance Minister Nirmala Sitharaman will make the Budget 2022 announcement next week and all sectors are awaiting relief to ensure ease of doing business, especially given the pandemic situation at hand. But, what does the common man want?
In this episode of Budget Podcast, CNBCTV18.com’s Kanishka Sarkar shares the expectations of sectors including infrastructure, education, telecom, and insurance, and how the proposed changes can impact the common man.
After the government has rationalised calculation of ‘Adjusted Gross Revenue’ (‘AGR’), reduced the bank guarantee requirements and interest rates on delayed payments of license fee and allowed 100 percent foreign direct investment (FDI), the telecom sector is now looking for support on various tax and policy-related matters.
Given that the sector is primarily dependent on the import of core manufacturing equipment and the accumulation of input tax credit under GST, Bipin Sapra, Tax Partner - Indirect Tax Services, EY, says the alternative of either allowing refund of accumulated input tax credit or enabling the adjustment of the same against other statutory levies would propel the growth.
He has also demanded the increase in GST rate on mobile phones from 18 percent to 12 percent be rolled back to enable a major population percentage to switch from feature phones to smartphones.
Meanwhile, Dr Pankaj Sharma, Director at JK Lakshmipat University, stated that quality education has become a distant dream for many due to the widening gap in access to education. Therefore, he thinks the government should announce multiple schemes to enhance better internet connectivity infrastructure so that last-mile connectivity is ensured.
He also suggested that the curriculum in the higher education institutes should be job-ready so that drop-out rates can be curtailed. He pointed out that India’s education expenditure is only 4.6 percent of its total GDP and the government must up it to at least 6 percent.
Alka Goel, founding partner at Alkemi Growth Capital, called for incentives or subsidies linked to job creation for companies. The government can continue to focus on tax rate simplification and tax-related compliances. This could include reduction in GSTs on certain categories, improving subsidies on the adoption of new technology, and increasing the tax exemption limit, she added.
The common Indian’s forever expectation, on the other hand, is that of having more money in hand. According to Nirav Karkera, head of research, Fisdom, what tops common Indian’s wishlist is a revision of the Section 80C limit, which was last raised in 2014 to Rs 1.5 lakh. He also called for a focus on rental housing with the inclusion of house rent as an eligible deduction under the new concessional tax regime.
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In the run up to Union Finance Minister Nirmala Sitharaman’s Budget 2022, experts across industries have been sharing their wishlists for the government to include in the annual financial plan.
In this edition of the Budget Podcast, CNBCTV18.com’s Kanishka Sarkar shares the expectations of the consumer durables, retail, and IT sector. She also talks about what the silk saree, food and beverage, and infrastructure sectors are seeking from the upcoming budget.
Avneet Singh Marwah, CEO at Super Plastronics Private Limited, called for a ‘stable’ GST tax slab to boost Indian manufacturing and MSMEs, given the COVID-19 pandemic period. According to him, no product should be above the 18% slab and the government must encourage consumerism in order to improve market sentiment. He also has urged the government to not change customs duties for the time being as the industry is moving towards stable conditions.
Meanwhile, Pallavi Singh, Vice President, Super Plastronics, has urged the government to reduce GST on all consumer electronics. She explained that the current rate of 18 percent on televisions is applicable only for up to 32 inches, and so, there is a vast range of televisions that comes under the ambit of a high 28 percent rate. A reduction in the rate to 18 percent even in televisions up to 43 inches will bring a huge relief since the majority of the consumers in India fall under the 32 to 43 inches range, she said.
The Trade Promotion Council of India (TPCI) has suggested the government announce incentives for activities such as branding and marketing of made in India products, setting up modern R&D labs and duty-free import of raw material by SEZ units.
Exporters have demanded support measures, including enhanced allocations for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. They also want high import duty on plastic finished goods, setting up an Indian shipping line and reinstating exemption for duty-free import of critical inputs for leather products.
They have also suggested bringing fiscal incentives to address logistics challenges, and reduction of income tax on partnerships and LLP's to support MSME players.
Cryptocurrency experts have called for regulation of cryptos in the upcoming budget and exhorted the government to treat them as capital assets with a reasonable tax regime.
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Blockchain assets have taken over all investment-related conversations lately, especially since non-fungible tokens (NFTs) hit the market. But not all portfolios are ready yet to include blockchain assets in the mix.
Manisha Gupta of CNBC-TV18 spoke to Vatsal Kanakiya, Principal and CTO, 100X and Rashmi R Padhy, VP-Biz Operations, WazirX about how blockchain assets can be incorporated into traditional portfolios.
By balancing the assets in one’s portfolio, some room can be made for crypto and NFT investments, based on the investor’s goals and risk appetite. However, it is recommended that investors manage their risk appetites before investing in the volatile markets of blockchain assets.
To know more about how your portfolio can also make way for blockchain investments with the right knowledge, tune in to Cryptocurrency Podcast
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Note: This is a partnered post.
The countdown to Budget 2022 has begun and we’re just a week away from finding out what the Union Finance Minister Nirmala Sitharaman has decided for 2022-23 fiscal.
In this edition of the Budget 2022 Podcast, CNBCTV18.com’s Kanishka Sarkar shares what the market wants from the upcoming budget and what retail, e-commerce, and logistics sectors expect from the Sitharaman’s announcement on February 1.
Hiren Ved, Director, CEO & CIO at Alchemy Capital Management told CNBC-TV18 that is important that capital expenditure is amped up because there is a need to stimulate the economy especially at the lower end of the market.
Meanwhile, Sunil Singhania, Founder of Abakkus Asset Management is of the view that there won’t be too much tinkering as far as taxation is concerned – both in terms of direct tax and indirect tax.
The retail and e-commerce industry has demanded a fiscal package to stimulate growth. According to Paresh Parekh, Partner and Tax Leader - Consumer Products and Retail, EY India, one of the key asks of the retail industry has been to accelerate the implementation of the National Retail Trade Policy. This, in order to streamline the growth of all formats of retail trade, reduce compliance and regulatory burden, give industry status to the sector, along with financial incentives to large-scale projects.
The EY official suggests the government could consider bringing in reforms for the long-term problems by committing to complete digitisation where new businesses do not have to wait for months to obtain licenses and permissions under the various laws specific to retail trade in the country.
Cyrus Katgara, Managing Partner at Jeena & Co, has tax reforms and policy amendments to boost the logistics sector.
He explained that the existing policies have exempted air and sea export freight from GST till September 2022. The air/sea freight is exempted from GST if the recipient is within India. However, if the recipient of the export freight is located outside India, the is considered an export of service. That means ITC (input tax credit) cannot be claimed on such service resulting in significant ITC loss for logistics companies.
Therefore, Katgara wants the government to consider all air/sea export freight as export of service irrespective of the location of the recipient.
Meanwhile, sources have indicated that the expert panel, formed by the government to recommend future taxation policy for tobacco products, has not been able to give its final recommendations to the Finance Ministry yet. Therefore, the ministry is independently evaluating the tax structure with respect to tobacco.
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Union Finance Minister Nirmala Sitharmaman is just 10 days away from making the Budget 2022 speech. Various sectors of the economy have put forth their demands to be included in the annual financial statement.
In this edition of the Budget 2022 Podcast, CNBCTV18.com’s Kanishka Sarkar shares the wishlist of the automobile, education, jewellery and other sectors and what global brokerages think of the upcoming budget.
The auto sector was among the worst-hit due to the COVID-19 pandemic, combined with supply chain issues, semiconductor shortage, and the rise in the cost of steel and aluminium. Therefore, small auto component manufacturers want a stimulus package from the government in the next fiscal.
They also looking for incentives to invest in the electric vehicles segment and for research and development. Additionally, they want a mandatory buyback scheme for original equipment manufacturers (OEMs) to encourage the recycling of materials and components.
An Assocham survey has found that the healthcare sector is likely to be accorded the highest priority in the upcoming Budget. According to survey respondents, next in line will be MSMEs, energy and infrastructure and technology.
Colin Shah, the chairman of Gem and Jewellery Export Promotion Council (GJEPC) today told CNBC-TV18 the jewellery sector expects a reduction in duties on gold, diamonds and gem stones in this year’s Budget. Shah also wants the government to issue a clarification on the equalisation levy on rough diamonds and the safe harbor rates for special notified zones.
On the education front, Ruchir Arora, co-founder and CEO of CollegeDekho, suggests that the upcoming budget should focus on improving the Gross Enrollment Ratio (GER). The current GER stands at 27 percent, and therefore he wants the government to come up with measures to reach the target of 50 percent GER by 2030 as mentioned in the National Education Policy 2020.
Meanwhile, food and fertiliser subsidies are likely to continue to remain elevated in the FY23 budget as well. The Budget could allocate over Rs 5 lakh crore for food and fertiliser subsidies alone due to the impact of the pandemic.
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As Budget 2022 announcement by Union Finance Minister Nirmala Sitharaman draws close, several sectors of the economy have come up with their wishlists.
In this episode of the Budget 2022 Podcast, CNBCTV18.com’s Kanishka Sarkar talks about what different sectors, including cryptocurrency and service sectors, want to be included in the annual financial statement. She also shares experts think the Budget should not be and how Indian finance ministers started with carrying their speeches and switched to ‘bahi khata’ and then to a tablet.
The firms operating in the cryptocurrency universe expect the Union Budget to offer complete clarity on crypto classification and the digital asset’s taxation. While the industry doesn’t expect crypto to become a legal tender, it wants the digital currency to be treated as an asset class, sources have told CNBC-TV18.
Crypto exchanges in pre-budget recommendations have said the government should consider all aspects of crypto taxation and have a reasonable tax regime for the sector. A GST of 18 percent can be charged on fee collected by exchanges in enabling buying and selling of cryptos.
They also suggested that profits from crypto investments can be charged a short-term capital gains tax of 30 percent and a long-term capital gains tax of 20 percent. The industry bodies have also called for taxes on trading and investment in cryptos to be similar to trading and investment in commodities and securities.
Meanwhile, a report suggests the Centre may consider phasing out certain direct tax exemptions in the next fiscal. As the government expects more people to switch to the new tax regime in the coming years, the Finance Ministry is exploring options to rationalise capital gains tax rates, the report said.
As more and more people shift to the new tax brackets, the government will slowly phase out some exemptions, a top policymaker told Business Standard.
However, Rohinton Sidhwa, direct tax partner with Deloitte India, as quoted in the report, is of the view some tax exemptions such as Section 80JJAA, which gives incentives to companies to hire new workers, should be continued.
Pratik Gupta, CEO and co-head of institutional equities at Kotak Securities, on the other hand, is hopeful that there won’t be too much of a spike in populist measures this time. A populist budget tends to spend on policies only to please people and has no impact on the economy.
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Scientists and public health officials have expressed hope that the Omicron variant of COVID-19, with its rapid waves and low fatality, will be the impetus needed to change COVID-19 into an endemic from a pandemic. But not all experts are so optimistic. Further mutations and the emergence of more dangerous variants remain a major threat.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will share what experts make of the Omicron wave that has spread to most if not all countries around the world.
She also talks about the trend in the stock market and why Paytm shares plunged below Rs 1,000 for the first time ever. Meanwhile, with Budget 2022 around the corner, NBFCs have sought parity with banks on taxation, exemption from tax deducted at source (TDS) on interest payment, and a refinance facility for onward lending to MSMEs in FY23.
BharatPe founder and managing director Ashneer Grover has taken a voluntary leave of absence until March end. He said he’ll be back on or before April 1.
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The government is looking to make the new simplified personal income tax regime more attractive for the salaried class, sources told CNBC-TV18 on Tuesday. It is also considering proposals on increasing standard deduction limit, the window for medical insurance premium and simplification in capital gains tax rules, sources added.
As assembly elections 2022 draw closer, Arvind Kejriwal’s Aam Aadmi Party (AAP) has announced Bhagwant Mann as its chief ministerial candidate. In Uttar Pradesh, Bhim Army chief Chandra Shekhar Aazad has said his party will fight the polls on its own and won’t form an alliance with the Samajwadi Party. Congress, on the other hand, has released its third list for Goa elections and has fielded Michael Lobo, former state minister who recently quit BJP, from Calangute.
In this episode of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares more on Budget 2022 expectations, assembly polls, the latest on COVID-19 pandemic situation in the country and the jobs trend this year. She also talks about the decline in auto stocks and what experts think about the Indian market in the near term.
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Finance Minister Nirmala Sitharaman is all set for the Budget 2022 speech on February 1 and what citizens await the most are the announcements on income tax.
In this episode of the Budget Podcast, CNBCTV18.com’s Kanishka Sarkar gets in conversation with Abhishek Soni, co-founder of Tax2win, to find out what the salaried personnel expect from the Budget for 2022-23 fiscal.
Will there be a change in the tax structure for consumers to be able to spend more? While multiple reports on the subject are doing the rounds, Soni suggests the government take measures to increase the disposable income of individual taxpayers. “We end up paying about one-third of the income in taxes,” he says.
And to fix this, apart from considering increasing the rebate available under Section 80C, he thinks Sitharaman must raise the basic exemption limit to at least Rs 5 lakh from the current Rs 2.5 lakh.
For more on what the middle-income group expects from Budget 2022 in the insurance, real state, and electric vehicles spheres, tune in To Budget Podcast
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Ahead of Budget 2022, Finance Ministry in December 2021 said, net direct tax collection last year has touched Rs 9.45 trillion, growing 60.8 percent from the year-ago period.
In this edition of the Budget 2022 Podcast, CNBCTV18.com’s Kanishka Sarkar gets in conversation with Preeti Khurana, Director of Advocacy and Regulation, Clear (formerly ClearTax), to find out what people want in order to ensure their consumption power is maximised in 2022-23 fiscal.
Khurana is of the view that given a good year in terms of net direct tax collection, combined with the phenomenal number of income tax return (ITR) filed, it is absolutely fair for the people to expect a reduction in tax.
According to the Clear CA, the government must consider increasing the Section 80C limit or offer a separate rebate for equity-linked investments like ELSS and mutual funds to allow people to their reduce taxable income.
Also, given a high rate of Goods and Services Tax (GST) on automobiles, Khurana suggests FM Sitharaman should either consider lowering tax rates or allow exemptions to electric vehicle buyers to encourage them to make a purchase.
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Finance Minister Nirmala Sitharaman is just weeks away from making the Budget 2022 speech as taxpayers eagerly wait for reforms to boost their spending power.
In this edition of the brand new Budget Podcast, CNBCTV18.com’s Kanishka Sarkar speaks with Adhil Shetty, the CEO of Bankbazaar.com to find out what consumers expect from the Budget for the 2022-23 financial year.
While demand for an increase in standard deduction limit for salaried personnel tops the list, another significant relief that people want is help in buying homes, i.e. an increase in tax deduction for home loans, Shetty said.
He also shared suggestions for the government to ensure affordable housing for more people.
Bankbazaar.com CEO also highlighted the growing interest in digital modes of payments like ‘Buy Now Pay Later’ and said the government can consider giving a few benefits to merchants for collecting payments online and/or to consumers for taking the digital route in order to give a nudge to the fintech industry.
Shetty also spoke about what people expect Sitharaman to revise in terms of Goods and Services Tax (GST), Know Your Customer (KYC) norms, norms for capital gains on mutual funds and more expectations in the insurance segment
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India’s political sphere is abuzz as elections dates in Uttar Pradesh, Punjab, Uttarakhand, Goa and Manipur are coming closer. Chief Minister Yogi Adityanath’s Uttar Pradesh Cabinet saw its third minister Dharam Singh Saini resign from his post on Thursday.
In Punjab, the Congress unit president took a dig at Aam Aadmi Party (AAP) convenor Arvind Kejriwal over his ‘Punjab model’ of governance.
Meanwhile, IT stocks remained in focus in the stock market throughout the session, a day after TCS, Infosys, and Wipro reported their quarterly earnings. Mindtree announced its earnings for the October to December quarter shortly after market hours. It registered a net profit of Rs 437.5 crore net profit and revenue of Rs 2,750 crore during the quarter.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares what global brokerage Morgan Stanley expects from India’s growth numbers. She also talks about Elon Musk’s trick to grab the Indian government’s attention for a duty cut for Tesla’s entry into India and the latter’s response.
Meanwhile, sources say term policy premiums are expected to see a rise of up 15-25 percent across life insurance companies, owing to increased stress in the reinsurance business.
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While the Omicron variant becoming dominant in the metro, Delhi and Mumbai are likely to witness the peak of the third COVID-19 wave this week, Dr Anurag Agrawal, Director at Council of Scientific and Industrial Research - Institute of Genomics and Integrative Biology (CSIR-IGIB) said on Tuesday.
Delhi, meanwhile, has ordered all private offices to remain shut and operate from home amid surging cases. On the business front, Kumar Rajagopalan, the CEO of Retailers Association of India (RAI), said the pace of growth in India's retail business has taken a hit since the last week of December due to fresh restrictions.
In the market, gains in IT and financial stocks pushed the benchmark indices higher for the third straight session. Meanwhile, global brokerage Morgan Stanley pointed to the possibility of BSE Sensex’s rally to is 70,000 with the union budget being a possible catalyst.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares reports that suggest the government is considering increasing the standard income tax deduction of Rs 50,000 by 30-35 percent in Budget 2022.
She also shares a development from the US, where doctors have transplanted a pig heart into a patient in a last-ditch effort to save his life and he's doing well three days after the highly experimental surgery.
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India’s daily coronavirus case tally surged past one lakh, according to Union Health Ministry data on Thursday morning. The figure includes over 3,000 cases of the Omicron variant of COVID-19.
Following the rapid rise in cases, the government has made it compulsory for all international arrivals to undergo seven-day home quarantine and has issued fresh guidelines, which will be effective from January 11.
The rising Omicron cases also kept investors cautious as Indian equity benchmark indices swung between gains and losses before finishing the session higher. However, Jefferies is of the view that India is favourable among emerging markets.
Meanwhile, the Centre alleged the incident of Prime Minister Narendra Modi’s security breach incident in Punjab’s Ferozpur could have possibly been a case of cross-border terrorism and said that it cannot be tolerated. The Supreme Court, however, has stayed probes launched by the Punjab government and the Centre in the matter until the next hearing on January 10.
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India’s daily COVID-19 tally surpassed 90,900 on Thursday, Union Health Ministry data showed. Moreover, the country registered the biggest single spike of 495 Omicron cases, which takes the total number of cases of the new COVID variant to 2,630.
However, according to reports, though big cities Delhi, Mumbai and Kolkata are experiencing a surge in COVID-19 cases the corresponding rise in hospitalisations remains low.
Worries about increasing cases of the Omicron variant dented the investor confidence as well globally. The Sensex and the Nifty50 indices closed one percent lower each and snapped a four-session winning run.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares with you what according to experts the equity market trend is going to be like in 2020. She also talks about Reliance Industries Ltd move to raised $4 billion in a three-tranche US dollar bond issuance in what is the largest-ever foreign currency bond issuance from India.
Meanwhile, the Delhi Police has arrested the ‘main conspirator’ in the "Bulli Bai" case from Assam.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.*
India has reported the first death linked to the Omicron variant of the coronavirus in Rajasthan's Udaipur, reports citing the Health Ministry said on Wednesday. The 73-year-old man died last week due to post-COVID-19 pneumonia coupled with comorbidities, officials said.
Following the massive rise in coronavirus cases, several more states including Tamil Nadu, Bihar, Kerala, and Karnataka have introduced fresh curbs to prevent the spread of the virus.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares updates on the market, which ended on a positive note for the fourth straight session. However, the Nifty IT finished the day 1.9 percent lower, witnessing its worst day in two weeks.
Meanwhile, Prime Minister Narendra Modi’s rally in Punjab’s Ferozpur was called off today owing to a ‘serious security lapse’, according to the Ministry of Home Affairs.
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As the world grapples with the highly mutated Omicron variant, scientists have identified a new strain of the COVID-19 causing virus ‘IHU’ in Southern France. Researchers on Tuesday said it is too early to speculate on how the new strain behaves as far as infection and protection from vaccines is concerned.
Meanwhile in India’s daily coronavirus case tally has surpassed 37,300 whereas the Omicron case count has reached close to 1,900.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares that in the domestic market, investors remain cautious as Omicron cases are fast rising. However, equity investors’ wealth jumped by Rs 4.76 lakh crore in the first two days of trading in the New Year, driven by optimism in the broader market.
In Delhi, the government has imposed a weekend curfew starting midnight tonight and has also pushed for work from home, barring essential services. On the other hand, in Mumbai, the mayor has warned that if the daily COVID-19 cases cross the 20,000 mark, a lockdown will be imposed in the city as per the Union government's rules.
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The Indian stock market started 2022 with a bang with gains as both Sensex and Nifty surged over 1.5 percent at close on January 3. However, market guru Mark Mobius says this year will be very different for the market and going back to basics will work.
Meanwhile, COVID-19 vaccination for children in the age group of 15-18 years began today with Covaxin as the only jab available for this age group.
In this edition of Top News Podcast, CNBC-TV18.com’s Kanishka Sarkar shares how auto, aviation and multiplex cinema stocks performed during today’s session, Maruti Suzuki’s demand expectation in 2022, Audi India’s two-fold jump in retail sales in 2021 and more.
She also talks about the discrepancy in Ola Electric’s data about the delivery of the electric scooters and when Ola would be able to deliver on all 90,000 bookings that it has on its books.
Meanwhile, Delhi BJP workers staged a "chakka jam" protest against the Aam Aadmi Party government’s new excise policy alleging the Delhi government is opening liquor shops illegally across the city under its new excise policy.
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The Indian equity benchmark indices closed higher for the third straight session on Thursday as concerns related to the Omicron variant of COVID-19 seemed to settle. The stocks of tech majors Tech Mahindra, Infosys and Birlasoft hit 52-week highs and experts say “IT is going to be in fashion.”
Meanwhile, a blast inside the district court complex in Punjab’s Ludhiana left one person dead and three injured, police said. The blast that took place in the washroom of the second floor of the court complex was so powerful that one of the walls in the complex got damaged and windows of some vehicles parked on the premises were shattered.
In this edition of the Top News Podcast, CNBC-TV18’s Kanishka Sarkar also shares what is ‘Delmicron’, which may be driving the COVID–19 wave in the US and Europe. Meanwhile, US health regulators have authorised the first pill against COVID-19, a Pfizer drug that Americans will be able to take at home to head off the worst effects of the virus.
She also shares what the International Monetary Fund (IMF) says may fuel Asia's inflation, the latest on state assembly elections due in early 2022 and Zerodha boss Nithin Kamath’s take on young investors, under the age of 30, who are driving the Indian stock market.
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Sony Pictures Networks India Pvt Ltd (SPNI) and Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday said they have signed definitive agreements for their merger. The two companies will combine their linear networks, digital assets, production operations, and program libraries, they said.
Meanwhile, Sensex and Nifty extended gains for the second straight session and closed over 1 percent higher, led by pharma and metal stocks. However, Rakesh Jhunjhunwala-backed Metro Brands' shares made a weak debut on Dalal Street and were listed at a discount of over 12 percent to the issue price of Rs 500 on BSE.
In this edition of Top News Podcast, CNBC-TV18’s Kanishka Sarkar also shares the situation arising due to the spread of the Omicron variant of COVID-19 around the world. In Delhi, the Arvind Kejriwal government has banned Christmas and New Year gatherings to prevent the virus from spreading.
She also talks about the raids by the Income Tax Department on Chinese mobile phone manufacturers Oppo, Xiaomi and OnePlus in India.
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The Indian equity benchmarks rebounded on Tuesday after a two-day selloff, tracking gains in the IT and metal stocks. Telecom stocks, including Reliance Industries, Vodafone Idea, and Bharti Airtel, also rallied up to 7 percent during today’s session as the Telecom Regulatory Authority of India (TRAI) released October data.
Meanwhile, the Rajya Sabha has passed the Election Laws (Amendment) Bill, 2021, amid a walkout by the Opposition. The bill seeks to link electoral roll data with the Aadhaar ecosystem. Meanwhile, sources say the government is looking to adjourn the winter session of Parliament before the pre-determined last date of December 23.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the latest on the pandemic situation around the world. While India has 200 Omicron cases, in the US, the new variant has raced ahead of other strains as it accounted for 73 percent of total positive cases last week.
She also shares what experts think about the market outlook for 2022, the cold wave in Delhi and other northern states and what the hiring trend is going to be like in the new year.
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In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.comDisclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
The concerns about the Omicron variant on coronavirus have resurfaced with the spike in cases around the world. This has spooked investors, triggering an intense selloff in global equities. Monday’s trading session started on a negative note, with benchmarks Sensex and Nifty50 later slumping to more than four-month closing lows.
Meanwhile, a UK new study has said there is no evidence that Omicron has a lower severity than the Delta variant of COVID-19. India’s Omicron tally has risen to 160, following which Delhi Chief Minister Arvind Kejriwal has urged the Centre to allow booster doses.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares what experts make of the steep market fall, why the Securities and Exchange Board of India (SEBI) has imposed a ban on futures trading in seven Agri commodities and how cryptocurrency investments rose to a whop[ping $30 billion in 2021.
Meanwhile, Aishwarya Rai Bachchan appeared before the Enforcement Directorate (ED) in New Delhi in connection with the Panama Papers case. Also, the Lok Sabha has cleared the Election Laws (Amendment) Bill, 2021 to link electoral roll data with Aadhaar cards.
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Indian equity benchmarks suffered sharp losses on Friday tracking a sell-off across global markets. Experts suggest central banks' hawkish stance, Omicron concerns, and FII selling seem to have spooked investors. However, Edelweiss Securities Sandip Agarwal sees three more years of the current IT upcycle.
On the political front, the Bharatiya Janata Party (BJP) and Punjab’s former chief minister Amarinder Singh’s party Punjab Lok Congress have announced their alliance for the upcoming assembly elections.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares about Health Ministry’s update that there are 101 cases of the Omicron variant of coronavirus in 11 states in India. The government has urged people to follow COVID-19-appropriate behaviour to contain the spread of the virus.
She also talks about the Reserve Bank of India’s latest discussion on cryptocurrencies, Bharti Airtel’s prepayment of liability for the 2014 spectrum, and the likelihood of Zomato, PB Fintech, Paytm and Nykaa to get upgraded to the large-cap category.
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India could see a mild COVID-19 wave in January-February, Himanshu Baid, the managing director of Poly Medicure, said on Thursday, adding that the nation is much better prepared for it. Meanwhile, Mumbai Police has imposed prohibitory orders under CrPC Section 144 until December 31 banning large gatherings to prevent the spread of coronavirus.
In a significant move, the Union Cabinet has cleared the proposal to increase the legal marriage age of women to 21 years from 18 years at present.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares what International Monetary Fund’s (IMF) chief economist Gita Gopinath said about Budget 2022, her stance on cryptocurrency, and how the US Fed rate hike will impact financial markets.
She also discusses what experts say about the impact on airfares when airlines like Akasa and Jet Airways 2.0 introduce fleet early next year.
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Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.*
Decorated air warrior Group Captain Varun Singh died at a military hospital in Bengaluru on Wednesday, a week after he was seriously injured in the chopper crash near Coonoor that killed CDS Gen Bipin Rawat, his wife and 11 armed forces personnel.
Meanwhile, in the stock market, benchmark indices closed lower for the fourth straight session as fears of a hawkish Fed sent headline indices slumping over half a percent.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares why the cryptocurrency bill was not on Parliament’s agenda today and details of TVS Motor Company and BMW’s extended partnership for joint development of new platforms and future technologies, including electric vehicles.
She also sheds light on the Confederation of All India Traders (CAIT’s) reaction to Amazon’s stand that the Competition Commission of India (CCI) has no power to revoke approval for the deal with Future Retail, why Tata Group is returning to the beauty market after 23 years, Google’s plan to eventually fire unvaccinated employees and more.
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India is likely to see a large number of cases of the COVID-19 variant Omicron, virologist and microbiologist Dr Gagandeep Kang said on Tuesday. According to her, a booster shot against coronavirus may provide 70-75 percent protection against symptomatic infection.
On the economy front, the wholesale price-based inflation surged to more than a decade high of 14.23 percent in November, compared to 2.29 percent in the same month last year. Morover, a survey suggests India’s hiring spree is expected to continue in the new year with companies’ intent for hiring during the January-March 2022 period reaching its highest levels in eight years.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talk about the government’s move to go slow on the Goods and Services Tax (GST) rate rationalisation exercise. She also shares why telecom operators are asking the Centre to recompense them for sending public alerts during various disasters, how telecom stocks reacted to the development and more.
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Chief of Defence Staff General Bipin Rawat, who died in a military chopper crash on December 8, was laid to rest with full military honours on Friday. His two daughters performed the last rites.
Meanwhile, the share markets snapped a three-day gaining streak and ended the session flat. Despite Star Health’s tepid debut in the secondary market, ace investor Rakesh Jhunjhunwala says though near-term factors do affect the perception of valuation, he has full confidence in the firm’s management. And, therefore, he has not sold any shares in the IPO of the company.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about a Rs 76,000 crore incentive programme that the government has prepared to attract chip set makers. She also discusses how the battery swapping or the battery-as-a-service (BaaS) model can serve as an ideal solution in terms of sustainability for the EV market.
On the COVID-19 front, AstraZeneca has come up with a COVID-19 antibody cocktail Evushield, which it wants to bring to India for high-risk vulnerable and immunocompromised patients.
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Group Captain Varun Singh, the lone survivor of the Indian Air Force (IAF) chopper crash near Coonoor, was on Thursday moved to Bengaluru for better treatment, officials said. His condition is stated to be still critical. Meanwhile, the cremation of Chief of Defence Staff General Bipin Rawat and his wife Madhulika will take place in Delhi Cantonment on December 10.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the stock market, which extended gains to the third straight day as equity benchmarks Sensex and Nifty50 managed to end a choppy session higher. Vodafone Idea (Vi) shares rallied more than 15 percent after a report said the company has raised enough money to pay bondholders as the due date approaches. While Paytm stock recovered after dcling 2 percent, Reliance Industries surged following Jio-BP’s pact with the Mahindra Group to accelerate EV adoption in India.
On the health front, vaccine makers BioNTech and Pfizer say a three-shot course of their COVID-19 vaccine was able to neutralise the new Omicron variant in a laboratory test.
Meanwhile, farmers’ over a year-long agitation has been suspended and they will head home from December 11 from protests sites on Delhi's borders.
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Chief of Defence Staff General Bipin Rawat, his wife Madhulika Rawat and 11 more personnel of the armed forces died as the military chopper they were on board crashed in Tamil Nadu on Wednesday afternoon. Prime Minister Narendra Modi, Defence Minister Rajnath Singh, and the armed forces condoled the deaths.
Meanwhile, at the Reserve Bank of India monetary policy announcement, the central bank kept the benchmark interest rate unchanged at 4 percent and decided to continue with its accommodative stance against the backdrop of concerns over the new coronavirus variant Omicron. The real GDP and retail inflation forecast for the current fiscal were also retained.
Meanwhile, the Indian share markets closed nearly 2 percent higher as all Nifty sectors ended the day in the green. The market has risen over 3 percent in the past two sessions, making it the best 2-day gain in nine months. However, Nykaa shares’ price declined after the one-month lock-in period for shares allotted to anchor investors in the public issues ended.
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In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.comDisclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
The Serum Institute of India has decided to reduce the production of the coronavirus vaccine Covishield by at least 50 percent from next week as it has not received further orders from the government, Adar Poonawalla, CEO of the vaccine manufacturing firm told CNBC-TV18 on December 7.
On the economic front, the Indian economy is showing strong signs of recovery from the devastation caused by the pandemic, with an upswing being reported in 19 out of the 22 economic indicators as compared to the pre-COVID levels.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares what’s driving the economy’s recovery, when the government is expected to launch LIC initial public offering, Aam Aadmi Party, Rashtriya Janata Dal, and Samajwadi Party’s strategies for 2022 assembly elections, Paytm’s offers for students and senior citizens and more on the market, health and economy.
Tune in to Top News Podcast for more In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.com
Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Even as Indian equity benchmark indices erased opening gains at close on December 3, the shares of Vodafone Idea soared over 12 percent, hitting a 52-week high, on account of the telecom department returning bank guarantees to the tune of Rs 12,000 crore to the telecom.
Meanwhile, Finance Minister Nirmala Sitharaman said there should be a global mechanism to monitor technology, whether it is a cryptocurrency, payment systems, or data privacy. Global action is the only way to regulate technology effectively, she said.
In this episode of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares what Infosys chairman Nandan Nilekani said about crypto assets and Reliance Industries chairman Mukesh Ambani’s view on blockchain technology.
She also shares the latest on the Omicron variant in coronavirus, when Cyclone Jawad is likely to make landfall and what market guru Saurabh Mukherjea thinks of correction.
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In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.comDisclosure: Reliance Industries Ltd, which owns Jio, is the sole beneficiary of Independent Media Trust that controls Network18, the parent company of CNBCTV18.com
The cryptocurrency market has been gaining immense popularity. Between 2020 and 2021, the world of crypto gained considerable traction and has been witnessing mixed trends.
There is increasing room for doubt lurking among investors while they try to decipher this global technological wonder. The crypto markets have witnessed extreme volatility in the last few days, experts on CNBC-TV18 have highlighted the big risks involved for novice investors.
While this market is volatile, there are also several myths associated with investing in crypto.
Manisha Gupta of CNBCTV18.com spoke to Harsha Raja, founder of Ethereum Push Notification Service and Rashmi R Padhy, VP- Biz Operation at WazirX to debunk the common myths about blockchains and crypto that can help skeptics and non-believers understand the nuances of the globally popular asset.
A cryptocurrency or crypto is a collection of binary data, which is designed to work as a medium of exchange over the Internet and used outside existing banking and governmental institutions. Cryptocurrency does not exist in physical form and is not backed by or convertible into a commodity.
In this edition of the Cryptocurrency Podcast, experts talk about how investors in India have taken to the frenzy of investing in crypto while navigating the myths and realities of the tool.
Tune in to the Cryptocurrency Podcast for moreDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Note: This is a partnered post.
Two cases of the new Omicron variant of coronavirus have been detected in Karnataka, the Union government said on December 2. It urged people not to panic and instead follow COVID-appropriate behaviour and get vaccinated without delay.
Meanwhile, the Delhi government has reduced the VAT on petrol to 19.40 percent from 30 percent, bringing down the price of the fuel in the city by about Rs 8 per litre.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares the latest on Delhi pollution, due which the Arvind Kejriwal government has ordered all schools to remain shut until further notice. The Supreme Court rapped the Delhi government and Centre and has given them a day’s to come up with a plan to control pollution.
She also talks about the auto stocks that were in focus today, as November auto sales indicated a mixed trend for the sector. Meanwhile, Maruti Suzuki has decided to again increase the prices of its vehicles, from January 2022 onwards.
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The Indian government will bring in a new Bill on cryptocurrency once it is approved by the Union Cabinet, said Finance Minister Nirmala Sitharaman on November 30 in Rajya Sabha. She also cautioned those who are investing in cryptocurrencies and asked them to be careful. In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest developments on the COVID variant Omicron, the latest on billionaire investor Rakesh Jhunjhunwala-backed Star Health's initial public offering and more.
A new COVID-19 variant - B.1.1.529 has been detected in South Africa. The World Health Organization has said the early analysis shows this variant has a large number of mutations that require and will undergo further study.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares more about the new variant, its transmissibility, why experts have called it a cause of concern and what steps are being taken by nations around the world, including India, to prevent its spread.
She also talks about how the stock market reacted to the news of the coronavirus variant. The Indian share market suffered the biggest single-day losses since early April, as benchmarks fell nearly 3 percent, tracking a wider sell-off in global markets.
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While there remains uncertainty about the future of cryptocurrencies in India, one thing has definitely been clarified. That, it’s not becoming a legal currency. Finance Secretary TV Somanathan has said that cryptocurrencies will not be a legal tender by any means, it's absolutely off the cards.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares more developments on cryptocurrencies.
In the market, Reliance Industries zoomed 6 percent and pushed the Indian equity benchmark indices higher with the indices closing over half a percent higher. Paytm shares also rose, extending gains to the third day in a row.
She also talks about the Noida International Airport, which is likely to be a major game-changer for Noida and Greater Noida.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
After four straight sessions of losses, Indian equity benchmarks made a comeback on Tuesday helped by an across-the-board recovery. Paytm parent One97 Communications' shares too rebounded ending with a gain of 10 percent after continuing to decline following a weak debut last week.
Meanwhile, market veteran Shankar Sharma, the market has to take a breather and there is still a long way to go before one should start to get seriously worried. According to him, what was witnessed in the last few sessions was nothing more than a small correction.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the Future Retail Employee Welfare Association that has filed a special leave petition in the Supreme Court seeking to intervene in the current proceedings of the company’s dispute with Amazon.
She also shares more details about what market experts make of the market correction, the latest tariff hike announced by Vodafone Idea, the wedding season’s impact on the economy and more.
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Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
The market continued to be in a bear grip on Monday extending losses for the fourth straight session. Sensex crashed over 1,170 points to log its worst single-day drop in over seven months whereas Nifty gave up the 17,420 level.
Meanwhile, the Joint Committee of Parliament examining the Personal Data Protection Bill, 2019 has adopted its report on the bill with several opposition MPs, including those from the Congress, TMC and BJD, submitting their dissent notes.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares what experts say about the market crash, the latest on Delhi’s air pollution, Bharti Airtel’s tariff hike and the rollback of farms laws.
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Paytm’s listing on the bourses and the tepid response it received remained the talk of the town on Thursday. The company’s CEO Vijay Shekhar, who got emotional ahead of the listing, said today's stock price or any day's share price is not a true reflection of the company's opportunity and scale.
Sapphire Foods India, the KFC and Pizza Hut operator also joined the secondary market on the same day and received a strong response.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about Prime Minister Narendra Modi’s warning to cryptocurrency users, an update on COVID-19 vaccination for children and more from the auto sector.
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At CNBCTV18.com, we have been tracking the cryptocurrency markets closely, and as the world now looks over to the new blockchain tech - NFT, we are ensuring that you are up to speed with the latest trends here too.
Manisha Gupta of CNBC-TV18 spoke to Sandesh Suvarna- VP, NFT Marketplace at WazirX and Praphul Chandra- Founder and Chief Scientist at Koinearth about the frenzy around non-fungible tokens (NFTs), and what Indian investors should expect from this special type of tokens.
NFTs or non-fungible tokens are digital assets that usually represent art, collectibles, and in-game items, and are generally encoded within smart contracts on a blockchain. Just like crypto, NFTs can be traded online.
In this episode of the Cryptocurrency Podcast, Suvarna and Chandra talk about what makes NFT a lucrative investment option, especially for millennials, and how Bollywood’s penetration in the NFT market has made it more irresistible to many.
Tune in to Cryptocurrency Podcast to know more about how NFTs can be traded, and what lies ahead for early adopters.
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Note: This is a partnered post.
Morgan Stanley has recommended booking profits in India as valuations have run up above emerging market (EM) averages.
Meanwhile, Asian Paints has confirmed another price hike of 4 to 6 percent effective December 5 due to high raw material inflation. So far this year, Asian Paints has taken a cumulative price hike of about 15-16 percent.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about Go Fashion IPO that opens for subscription from November 17, the relief in semiconductor chip shortage, the latest on Amazon-Future case, Joe Biden and Xi Jinping’s meeting and more on the markets and economy.
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Today's electric vehicle market in India is a rich one - there are many products and many more enthusiastic buyers. But, while the product pie, when it comes to the vehicle itself grows, a fundamental challenge that original equipment manufacturers (OEMs) have to contend with is the lack of infrastructure conducive to slow, overnight home charging.
It is a solution that simply doesn't work for a large number of Indian customers who do not have a dedicated parking spot. A defining trait of this market is also its price sensitivity, which means that higher upfront costs for vehicles with bigger batteries put EVs out of reach for many prospective buyers.
In that scenario, how does one truly scale EVs? By building fast-charging systems that can be deployed at scale, without degrading the battery too much, says Exponent Energy.
In this episode of the Smooth Ride podcast, CNBC-TV18’s Alisha Sachdev talks to Arun Vinayak, co-founder of Exponent Energy and also ex-chief product officer at Ather Energy.
Vinayak is trying to make the power grid and EVs talk to each other much more seamlessly than they do today.
"People build technology in isolation. A lot of people would buy charging stations and then set them up, operators who would then wait for customers to come, but then you also have batteries built that take eight hours to charge... if I was to draw an energy flow map, OEMs want complete control on the energy flow between the charger and the vehicle... but energy doesn't seem to flow from the grid to the vehicle seamlessly, and efficiently." Vinayak says.
Tune in to Smooth Ride podcast to find out how Exponent Energy's solutions can be developed at scale and affordably, to solve that problem.
The Supreme Court came down hard on Arvind Kejriwal’s Delhi government on November 15 due to the rising levels of pollution. While the Delhi government mentioned stubble burning as the major cause, the top court stated it constitutes just 4 percent of air pollution.
Meanwhile, as the government is set to bring a bill in the winter session to regulate cryptocurrencies, industry bodies have appealed for progressive regulations that ensure wealth creation and higher tax revenues for the exchequer.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares what was expected at BJP leader Jayant Sinha-led parliamentary panel meeting on cryptocurrencies.
She also talks about reports on regulation of digital gold, how stocks performed, the latest on the economy, and more.
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Indian equity benchmarks made a big comeback on Friday following three days of losses. Both Sensex and Nifty50 ended 1.3 percent higher for the day recovering all losses in the past three days.
However, FINO Payments Bank made a weak debut in the secondary market with its shares listing at a discount to the issue price.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about two innovative and customer-centric RBI schemes launched by Prime Minister Narendra Modi today.
She also talks about passenger vehicle wholesales in India that declined by 27 percent year-on-year in October due to the semiconductor shortage.
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The shares of FSN E-commerce Ventures, the parent company of Nykaa, continued to rise on November 11, a day after making a stellar debut on Dalal Street. According to Bloomberg Billionaires' Index, the company’s founder and CEO Falguni Nayar has become India's wealthiest self-made businesswoman.
Meanwhile, Zomato shares too rose 6 percent despite headline indices trading lower.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the heavy rains in Chennai and several other districts of Tamil Nadu and the deteriorating air quality in Delhi-NCR.
On the global front, US consumer inflation in October surged to its highest level since 1990. As data showed inflation has jumped to a 31-year high due to supply shortages, President Joe Biden cited India and Brazil to explain the complexity of the global supply chain.
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The Indian Pilots Guild (IPG), one of the pilot unions of Air India, has asked the management to clear the dues of pilots ahead of the transfer of the airline to the Tata Group. They said that the failure to clear arrears will lead to "mass protest and industrial unrest".
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares Mahindra & Mahindra’s financial results for the quarter ended September. The company’s net profit at Rs 1,929 crore for the quarter is more than three times higher than what it had reported during the same quarter last year.
She talks about Bitcoin and Ether that have touched lifetime highs and also about the rally in TVS Motor Company and Tata Motors shares, following reports of investment opportunities in the electric vehicles business.
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The Centre is unlikely to take a tough stance on cryptocurrency, a report said, adding that it, however, may not recognise the currency as legal tender either.
Meanwhile, Samir Arora, founder and fund manager at Helios Capital, on Monday told CNBC-Tv18 that his firm would not apply for any initial public offer (IPO) in the Indian market for the remainder of the current financial year.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares why Arora bearish on the upcoming IPOs.
She also talks about reports on China’s aggressive social media campaign threatening military action in Arunachal Pradesh following which the Indian Army is on high alert.
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Shankar Sharma of First Global on Wednesday said it is not the time to be sitting on cash and that it could turn out to be a big mistake.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares what the veteran investor said about Samvat 2078 and the risks in the stock market.
She talks about Prime Minister Narendra Modi’s review of districts where the COVID-19 vaccine coverage is low. The Centre has also deputed expert teams to nine states and union territories hit with dengue outbreaks.
On the global front, China has asked families to stock up daily necessities, which has triggered speculation.
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Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Former Maharashtra home minister Anil Deshmukh has been arrested by Enforcement Directorate in connection with a multi-crore money laundering case. He will remain in ED custody till November 6.
Meanwhile, on the occasion of Dhanteras, actor Sushmita Sen stated that she blindy invests in gold. In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar reveals why and a few other investment tips that the actor shared.
She also talks about Delhivery that has filed papers with the Securities and Exchange Board of India for an initial public offering (IPO) worth Rs 7,460 crore.
Prime Minister Narendra Modi has announced India’s pledge to achieve net-zero emissions by 2070, a move termed 'practical long-term target' by India Inc.
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Sensex and Nifty50 made a strong comeback on Monday after three days of losses, helped by buying across sectors. Meanwhile, the initial public offering (IPO) of PB Fintech that operates Policybazaar and Paisabazaar opened for subscription today.
On the economic front, petrol and diesel prices soared to record highs after a fresh hike. The cost of a commercial LPG cylinder was increased by Rs 266.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares what the big bull Rakesh Jhunjhunwala of RARE Enterprises thinks of some of the new IPOs hitting the Street and their mega valuations.
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Facebook Inc’s name has been changed to Meta. The company says it is a rebranding exercise that focuses on its ambitions building the "metaverse."
Meanwhile, in India’s stock market, Sensex plunged 670 points and Nifty was down 185 points at close as the benchmark indices logged the biggest weekly fall in eight months. The world's second-largest cryptocurrency, on the other hand, hit an all-time high today.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar bring you more on railways’ decision to withdraw convenience fee-sharing decision on IRCTC, the subscription of Nykaa IPO issue and record-high fuel prices.
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It was the worst day for Indian equity benchmarks since April on October 28 ahead of the expiry of monthly derivatives and as Morgan Stanley downgraded India citing expensive valuations.
Meanwhile, Nykaa owner FSN E-Commerce Ventures went public today and its initial public offering was subscribed 132 percent till 4 pm on the first day of bidding.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the surge in IRCTC stock following the division of shares, Prime Minister Narendra Modi’s remarks at the ASEAN summit, and about a new venture by former Nike and Adidas executives.
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The share market reversed early gains to end lower on Wednesday, breaking a two-day winning streak. Metals and financial stocks bled on Dalal Street dragging the benchmarks down.
Meanwhile, the Supreme Court has formed a panel of cyber experts to investigate the allegation of the Pegasus snooping case.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the World Health Organization’s (WHO) seeking 'additional clarifications' from Bharat Biotech on Covaxin, initial public offering (IPO) launch of Paytm and Nykaa, and Tesla mulling accepting Bitcoin as payment for cars, again.
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Nomura, a global financial services group downgraded Indian equities to ‘neutral’ on Tuesday as it believes valuations are too stretched and a lot of positives are already priced in.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares what Chetan Seth, Asia-Pacific equity strategist at Nomura said about Indian markets.
She also discusses the latest on Zee and Invesco’s tussle over the shareholder’s call for an extraordinary general meeting (EGM) to remove the media firm’s MD and CEO Punit Goenka.
Meanwhile, Tech Mahindra shares zoomed 7 percent during today’s session and hit a 52-week high a day after the company announced its September quarter earnings.
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The market made a comeback on October 25 after a 4-day fall. During today’s session. the shares of ICICI Bank soared over 11 percent on the back of its highest ever quarterly profit on a standalone basis in the September quarter.
Meanwhile, reports say a whistle-blower has informed the market regulator SEBI about related party transactions by Asian Paints' promoters. Following the development, the company’s stock slumped 4 percent.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will also talk about actor Rajinikanth winning the Dadasaheb Phalke Award, PVR’s expectations about recovery as cinemas have reopened in Maharashtra and more on markets, economy and technology.
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Former Reserve Bank of India (RBI) governor Raghuram Rajan has warned the use of digital US dollars may impact poor nations adversely.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar explains what unintended consequences, Rajan thinks, US digital dollar may have on poor economies.
She also talks about how the stock market fared this week, the record-high fuel prices, why Market guru Saurabh Mukherjea remains bullish on Asian Paints, the latest on Zee and Invesco tussle and what experts make of it.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
In 278 days since the COVID-19 vaccination drive started in January this year, India on October 21 achieved the milestone of administering 100 crore vaccine doses.
Adar Poonawalla, CEO of Serum Institute of India, said he was relieved that the AstraZeneca partnership worked out well.
Meanwhile, reports say the Union Cabinet has cleared a hike of 3 percent in dearness allowance (DA), which means they will get DA at a rate of 31 percent with effect from July 1, this year.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares how the festive season is panning out for the auto sector, what Union Minister Hardeep Singh Puri said about high energy prices, the situation in rain-battered Uttarakhand, and the trends on the stock market.
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After remaining stable for two days, the cost of fuels was hiked again on October 20. Petrol rates were hiked by up to 34-35 paise and diesel prices were raised by 35-37 paise.
Meanwhile, Sensex and Nifty suffered sharp losses extending their fall to a second straight day.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares more details about the market, the latest on cruise drugs seizure case and Uttar Pradesh’s Lakhimpur Kheri incident, and a report that says Facebook is planning to change its name.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
The coal stock situation at thermal power projects seems to be inching towards normalcy as the number of non-pit head projects having less than four days of coal reduced to 61 on October 17 from 70 a week ago, according to government data.
Meanwhile, different tobacco stocks reacted differently to the announcement of the government forming a committee for future taxation policy for tobacco.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares how major companies fared in Q2FY22, the response of restaurants and shops to the Maharashtra government further easing COVID-19 curbs and more from around the world.
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The toll in the devastating landslides and flash floods that occurred in the south-central districts of Kerala surged past 30 on October 18. The state government put the number of deaths in rain-related incidents since October 12 at 38.
Meanwhile, VK Paul, COVID Task Force chief, has said that it looks like the tapering phase of the second COVID-19 wave in India but also pointed to districts where the overall positivity rate is relatively unacceptable.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the not so festive season for the auto industry and the latest update on Adani Wilmar's IPO.
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An expert panel of India's central drug authority has recommended granting emergency use authorisation to Bharat Biotech's Covaxin for children and adolescents in the 2 to 18 years age group.
Meanwhile, the Ministry of Civil Aviation has announced that airlines can operate domestic flights without any capacity restriction from October 18 onwards.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares more updates on the country’s energy crisis, Gmail outage in several regions and more on economy, politics and health.
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The Nifty50 index soared to the 18,000 level for the first time on October 11. The benchmark index covered the distance of 1,000 points to 18,000 in 41 days.
Meanwhile, Alok Kumar, Secretary, Ministry of Power told CNBC-TV18 that except for a few pockets in states like Rajasthan and Uttar Pradesh, generally, the power situation is under control and is being monitored continuously.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on India’s power crisis, bandh in Maharashtra, and more on the economy and politics.
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Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Air India is all set to return home to the Tata Group as Tata Sons on Friday won the bid to acquire the national carrier. The group bid an enterprise value of Rs 18,000 crore out of which Rs 15,300 crore is for debt to be retained and Rs 2,700 crore is for cash consideration.
Meanwhile, billionaire Mukesh Ambani-led Reliance Industries Limited (RIL) became the only company in the country to touch a market capitalisation of Rs 18 lakh crore.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares an update coal crunch in India, the Zee-Invesco battle and why the Delhi High Court refused to allow IndiGo promoter Rakesh Gangwal’s plea to enforce an arbitration award given by a London court.
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Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Reliance Retail Ventures Limited (RRVL) on Thursday said it has entered into a Master Franchise agreement with 7-Eleven to run convenience stores in India. The first 7-Eleven store will open as early as October 9.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar will also share the latest on the tussle between Zee and its shareholder Invesco and how a stock made ace investor Rakesh Jhunjhunwala wealthier by Rs 265 crore in a month.
She also talks about the fuel price hike that has taken petrol and diesel rates to record high levels and what WHO has said about Long COVID.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
A Congress delegation led by Rahul Gandhi is on its way to Uttar Pradesh’s Lakhimpur to meet the families of farmers who died in the clashes in the district on Sunday.
Meanwhile, a day after rating agency Moody’s said it expects India’s medium-term real GDP growth to average around 6 percent, Principal Economic Adviser Sanjeev Sanyal on Wednesday said the forecast is low as negativities around the Indian economy have been proven wrong.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also shares an update on the COVID-19 vaccine for children, the government’s approval for 100 percent FDI in telecom via automatic route, and the nod for Mega Investment Textile Parks (MITRA) scheme.
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Facebook, WhatsApp, and Instagram witnessed one of the worst global outages in 13 years on Monday evening.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar talks to CNBC-TV18’s Jude Sannith about what may have led to the downtime, its impact on users, and how Facebook dealt with the situation.
Kanishka also shares the latest on Lakhimpur violence, coal shortage in the country, the Centre’s decision to reconsider spectrum charges and more.
Tune in to Top News Podcast and more
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Hospitality firm OYO Rooms has filed a draft red herring prospectus (DRHP) with market regulator SEBI to raise Rs 8,430 crore by floating an initial public offering (IPO).
Meanwhile, the Zee Entertainment Enterprises Limited board has decided to not hold an extraordinary general meeting (EGM) sought by its shareholder Invesco.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares more on the rift between Zee and Invesco, the likely winner of the Air India bid, Delhi University cut-offs and more
Tune in to Top News Podcast for more
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The National Company Law Tribunal (NCLT) on September 30 directed Zee Entertainment Enterprises Ltd (ZEEL) to hold a board meeting to consider Invesco's request for convening an Extraordinary General Meeting (EGM).
Meanwhile, Sensex and Nifty fell for the third day in a row. However, a stock owned by Rakesh Jhunjhunwala surged 45 percent in a month making the ace investor richer by Rs 160 crore.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks byelections on three Bengal assembly seats, including the one on which Chief Minister Mamata Banerjee is contesting, and more on politics in Punjab.
Tune in to Top News Podcast for more
In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.com.
The Indian equity benchmark indices closed in the red for the second straight session on September 29, tracking weaknesses from global markets. While Sensex closed at 59,413, plunging 254 points and the Nifty50 index surged 37 points to end at 17,711.
In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar talks about the trend in the market, COVID-19 situation in India, and more on NCLT’s nod to Future to conduct shareholders meeting for its deal with Reliance.
She also shares the key changes like auto-debit payment cancellation and new pension rules that will become effective from October 1.
Tune in to Top News Podcast for more
In case you have any queries or suggestions, please write to us on cnbctv18podcast@nw18.com.
Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Navjot Singh Sidhu on September 28 resigned as the chief of the Punjab Pradesh Congress Committee, plunging the party into a fresh crisis just months ahead of the assembly elections in the state. Following the development, former Punjab chief minister Captain Amarinder Singh was quick to leave an ‘I told you so’ remark on Twitter.
Meanwhile, domestic equity indices snapped the three-day winning streak as Sensex slumped over 400 points at close whereas Nifty ended at 17,740.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar also talks about the latest on Air India divestment, COVID-19 vaccination, the rise in petrol and diesel prices and more.
Tune in to Top News Podcast for more
Indian equity benchmarks surged to fresh record highs on Friday with the Sensex index crossing the 60,000-mark while Nifty inched closer to the 18,000-level.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar takes you through Sensex’s journey to 60,000. She also talks about Amazon turning into an OTT distributor in India, Google and the Competition Commission of India’s tussle over a leaked report, Tata Motors achieving a milestone in electric vehicles sales, and more.
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In case you have any query or suggestion do write to us on cnbctv18podcast@nw18.com
The Indian equity benchmark indices jumped nearly 2 percent on September 23, scaling record highs in the process. Sensex closed at a record high of 59,885 as it jumped over 958 points while the Nifty50 index surged 276 points to end at 17,822.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar talks about the stellar market rally, Freshworks’ debut on the Nasdaq stock exchange, Prime Minister Narendra Modi’s visit to the US and more on politics, economy and the COVID-19 pandemic.
Tune in to Top News Podcast for more
In case you have any query or suggestion do write to us on cnbctv18podcast@nw18.com
The Niti Aayog and Rocky Mountain Institute recently launched the Shoonya initiative to accelerate electric vehicle adoption in the urban delivery segment. More than 30 Indian automobile companies have signed up for the plan, which entails zero pollution branding for products delivered through electric vehicles. RMI and Niti Aayog believe that the cost benefits of running an electric vehicle will really drive up the induction of EVs in last-mile logistics and deliveries.
In this edition of the Special Podcast, CNBC-TV18's Parikshit Luthra caught up with Clay Stranger, the India MD of RMI, to ask him about the Shoonya campaign and India's road towards greater electric vehicle adoption. Stranger believes that while India's EV adoption, which may be barely 1.3 percent right now, is set to rapidly increase in the next few years.
Tune in to CNBC-TV18 Special Podcast for more
The UK government on September 22 issued an updated international travel advisory to include AstraZeneca Covishield vaccine among the eligible COVID-19 vaccine formulations but kept India out of the 17 countries on an approved vaccinations list. This means Indians need to follow rules set out for non-vaccinated travellers.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar discusses the confusion over Covishield on UK's travel advisory, the latest on market, Zee and Sony deal and more.
She also talks about an internal assessment by the government, which sources say, has shown that consumers of LPG cylinders are willing to pay Rs 1,000 per cylinder.
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Maharashtra Health Minister Rajesh Tope on Tuesday said that the state is unlikely to immediately witness the third wave of COVID-19. He, however, said there could be a spike in cases post the festive season and so the pace of vaccination must increase.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar talks about Sensex reclaiming the 59,000-level and Nifty topping 17,550. She also discusses reports on the salary hike and hiring trends in the country.
Tune in to Top News Podcast for more
In case you have any query or suggestion do write to us on cnbctv18podcast@nw18.com
The midcap rally is again spreading to the 'cats and dogs of the world', and are poised for another round of shakeout, says Anuj Singhal, Stocks Editor, CNBC-TV18. However, this is a bull market and it is highly likely that stocks will continue to climb after every correction, he said.
On the rally in ITC, he said that it was a matter of "when" and not "if" the stock will rerate. "There is too much value in ITC to be ignored--dividend yield, pedigree, cheap valuation. The market is unhappy about the manner in which the company is using its cash flows, and that there has been no progress on the value unlocking of various businesses. The day ITC announces a demerger, the stock will jump 20 percent and when the demerger happens, the stock will double. Also, with ITC, the downside risk is limited," he said.
Singhal says IT stocks may still have some steam left despite the recent rally.
Tune in to Market Unplugged Podcast to find out more
The Goods and Services Tax (GST) Council has extended the concessions to specified drugs used in COVID-19 treatment till December 31, sources told CNBC-TV18 on Friday. It has also approved adding more medicines under concessional rates and has extended the relief by reducing GST rates from 12 percent to 5 percent on several drugs.
Meanwhile, daily COVID-19 vaccinations in India crossed the one-crore mark on September 17, the 4th time in less than a month, which takes the total number of doses administered to more than 78 crore.
Tune in to Top News Podcast as CNBCTV18.com’s Kanishka Sarkar shares today’s top stories on the market, politics, health and more
In case you have any query or suggestion do write to us on cnbctv18podcast@nw18.com
Finance Minister Nirmala Sitharaman on September 16 announced that the Cabinet has cleared the formation of a 'bad bank'. The government will guarantee up to Rs 30,600 crore for security receipts issued by the National Asset Reconstruction Company (NARCL).
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar talks about the Indian equity benchmark indices scaling record highs with Sensex breaching the 59,000-mark and Nifty topping 17,600.
She also shares the latest on India’s vaccination status, Reserve Bank of India Deputy Governor Michael Patra’s take on inflation and more
Tune in to Top News Podcast for more
The Union Cabinet on September 15 approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industries to enhance India's manufacturing capabilities. It also announced a relief package for the telecom sector, which includes a moratorium of 4 years on Adjusted Gross Revenue (AGR) dues.
Meanwhile, Indian equity benchmarks raced to fresh record highs amid strong buying interest across most sectors. Moreover, a report points to rising employee burnout in India.
Tune in to Top News Podcast as CNBCTV18.com’s Kanishka Sarkar shares all the top stories from India and around the world
In case you have any query or suggestion do write to us on cnbctv18podcast@nw18.com
Zomato’s co-founder Gaurav Gupta quit on September 14 after a six-year stint at the food tech platform. Meanwhile, the shares of Zee Entertainment surged over 35 percent following the company's management rejig plans.
In the edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares all the top developments from India and around the world.
She also talks about a study that points to a "significant" drop in COVID-fighting antibodies within four months of the first shot.
Tune in to Top News Podcast for more
Jet Airways plans to resume domestic operations in the first quarter of 2022 after being grounded for nearly three years, the Jalan-Kalrock consortium said. The airline aims to commence short-haul international operations by Q3-Q4 2022.
In this edition of the Top News Podcast, CNBCTV18.com Kanishka Sarkar shares why Ford is shutting down its manufacturing units in India, the latest on Pegasus row, and more
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In a historic move, armed forces have decided to induct females in the National Defence Academy (NDA), the Centre told the Supreme Court on September 8.
Meanwhile, S&P Global Ratings has said India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated.
Tune in to Top News Podcast as CNBCTV18.com’s Kanishka Sarkar shares the latest on the government’s auto PLI scheme, Nipah virus, Afghanistan crisis, and more
Mumbai Mayor Kishori Pednekar has warned that the third COVID-19 wave is likely being witnessed in the city ahead of the upcoming festive season. She has urged everyone to mask up, stay indoors and maintain social distancing. Mumbai has reported over 28 percent of the total COVID-19 cases it recorded all through August in just the first six days of September.
In this edition of the Top News Podcast, CNBCTV18.com's Kanishka Sarkar shares all the top stories of September 7. She talks about the Indian equity benchmarks snapping its 3-day winning streak, the government's ambitions Production Linked Incentive (PLI) scheme for the automobile sector and the Nipah virus' return in Kerala.
Tune in to the Top News Podcast for more.
From Indian equity benchmarks surging to record highs yet again, fresh Nipah virus outbreak in Kerala, Taliban claiming complete control of Panjshir to the warmest winter in New Zealand, CNBCTV18.com’s Kanishka Sarkar shares everything that made headlines on September 6.
Mahindra & Mahindra (M&M) recently appointed Pratap Bose as its chief design officer at a time when the automaker wants to go for the kill in India's competitive SUV market.
In this edition of the Smooth Ride Podcast, CNBC-TV18’s Alisha Sachdev chats with Bose about the new brand logo on Mahindra XUV700.
Bose who is no stranger to the game as he was Tata Motors' former global design chief says the brand essence of Mahindra’s SUVs has been redefined to “explore the impossible”.
The new logo will be seen not only on cars but also in showrooms, and on other physical and digital assets.
The two also discuss the plan ahead to accomplish M&M’s vision to become “more SUV than ever”, the buzz about born electric vehicles, customer connect and more
Tune in to the Smooth Ride Podcast for more
From Indian equity benchmarks rallying to record closing highs, the services sector’s growth bouncing back in August to the flash floods in New York, CNBCTV18.com’s Kanishka Sarkar shares everything that made headlines on September 3 in this edition of the Top News Podcast.
She also talks about Japan's struggling Prime Minister Yoshihide Suga stepping down, which has set the stage for a new leader.
Tune in to Top News Podcast for more
In case you have any query or suggestion do write to us on cnbctv18podcast@nw18.com
This is not just a buy-on-dips market, but that phase of the bull market when you buy well-performing stocks at any price and they climb even higher, CNBC-TV18 Stocks Editor Anuj Singhal said in this edition of the Markets Unplugged Podcast.
He said that despite the scorching rally in real estate stocks, the market capitalization of the entire sector put together is still below the market capitalization of DLF alone at the peak of the 2008 rally. Things are looking quite good for the sector judging by the interest in residential property across markets, he said.
On the rally in Zomato, Anuj said that the stock was expensive even at its issue price, but then that is what a bull market is all about.
Tune in to the Market Unplugged Podcast for Anuj Singhal’s views on Bharti Airtel, Vodafone and Reliance Industries and more
Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
From the demise of 40-year-old television actor Sidharth Shukla, India’s first official meeting with the Taliban after Afghanistan's takeover to IPO spree in August, here’s everything that made headlines on September 2.
In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares all the top developments from India and around the world.
She also talks about Indian equity benchmark indices scaling record highs during the session today and an economist predicting cryptocurrency Bitcoin’s surge by over 500 percent by March 2022.
Tune in to Top News Podcast for more
In case you have any query or suggestion do write to us on cnbctv18podcast@nw18.com
From a hike in LPG cylinder prices, the market taking a breather after scaling new all-time highs to the latest on the Afghanistan crisis, CNBCTV18.com's Kanishka Sarkar shares all the top stories that made headlines on September 1.
She also talks about the reopening of schools across states and more on major changes in a few rules that became effective from today.
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From India’s GDP growth of over 20 percent in the first quarter of 2021-22, Nifty touching 17,000 for the first time, the end to US' longest war in Afghanistan with Taliban's return to power and the forecast about the 3rd COVID-19 wave, here are all the developments that made headlines on August 31.
Tune in to this edition of the Top News Podcast as CNBCTV18.com’s Kanishka Sarkar shares the latest on the economy, healthcare, geopolitics and more.
In case you have any query or suggestion do write to us on cnbcvt18podcast@nw18.com
In the first edition of the Top News Podcast to find out all that made headlines on August 30 as CNBCTV18.com’s Kanishka Sarkar shares the top news from across sectors around the world.
Indian equity benchmark indices Sensex and Nifty that ended at record highs today led by strong buying across sectors amid positive global cues. Meanwhile, three hospital chains are likely to launch initial public offers and to raise up to Rs 6,300 crore.
A new variant of SARS-CoV-2, the virus which causes COVID-19, has been detected in South Africa and many other countries globally. A study says it could be more transmissible and may evade protection provided by vaccines.
Tune in to Top News Podcast for more
In case you have any query or suggestion do write to us on cnbcvt18podcast@nw18.com
In this episode of the Market Unplugged Podcast, CNBC-TV18 Stocks Editor Anuj Singhal says that the market will resume its climb now that uncertainty over the Federal Reserve's stance on reducing bond purchases is out of the way.
At the same time, he cautions that investors need to relook their mid and small cap portfolio and weed out poor quality stocks. The uptrend is likely to be selective hereon, Singhal says. He also talks about the sectoral trends, and the key cues to watch out for in the week ahead, while suggesting that Nalco and Hindalco still have some steam left in them.
To know more, tune in to the Market Unplugged Podcast as CNBCTV18.com Editor Santosh Nair and Singhal discuss all the market action.
A large study led by the University of Oxford has found that a coronavirus infection presents a much higher risk of developing a blood clot than the first dose of either the Oxford/AstraZeneca or the Pfizer/BioNTech jab.
Meanwhile, French Health Minister Olivier Veran has said, the fourth wave of COVID-19 infections is receding in the European country but is not over yet.
Tune in to COVID Fight Podcast s CNBCTV18.com’s Kanishka Sarkar shares more updates on the pandemic from around the world.
On a day when India recorded the highest daily spike in cases in 55 days with Kerala contributing nearly 70 percent of new cases, Union Minister V Muraleedharan called the situation in the southern state “grave.”
Meanwhile, an expert said rates of COVID-19 might increase in winter but not necessarily because the virus thrives in the cold.
Tune in to this edition of the COVID Fight Podcast as CNBCTV18.com’s Kanishka Sarkar shares details and more on the pandemic from around the world.
The World Health Organization’s chief scientist Soumya Swaminathan has said that India may be entering the endemic stage, which is when a population learns to live with a virus. She added that she hopes by the end of 2022 when a vaccine coverage of around 70 percent is achieved, countries can get back to normal.
Meanwhile, UK researchers have said, COVID vaccine protection wanes within six months.
Tune in to COVID Fight Podcast as CNBCTV18.com’s Kanishka Sarkar shares details and more on the pandemic situation from around the world.
An expert panel, which says the third wave of COVID-19 can hit the country anytime between September and October, has said the country does not have sufficient data to decide on the need for a booster dose yet.
Moreover, the government has now allowed people to book vaccination slots via WhatsApp.
Tune in to this COVID Fight podcast as CNBCTV18.com’s Kanishka Sarkar shares the process and more on the pandemic from around the world.
As COVID-19-related restrictions were eased across the country, roots of economic recovery deepened in July 2021, a report by ICRA Ratings said. The unlocking in the country has manifested itself in improving performance across various high frequency industrial and service sector indicators, mobility and toll collections in July 2021, the report added.
Meanwhile, India recorded its lowest daily cases in 160 days on August 23 and China reported no locally transmitted case for the first time since July. And as Australia flights the Delta variant outbreak, Prime Minister Scott Morrison has said that COVID-19 lockdowns are unsustainable.
Tune in to this edition of the COVID Fight Podcast as CNBCTV18.com's Kanishka Sarkar shares all the top developments on the pandemic from India and around the world.
Zydus Cadila’s three-dose COVID-19 vaccine ZyCoV-D received emergency use authorisation (EUA) from the Drug Controller General of India (DCGI) on August 20. Adolescents in the age group of 12-18 years can take the shot in India.
Meanwhile, Union Information and Broadcasting Minister Anurag Thakur has said the central Centre is fully ready to tackle a possible third wave of COVID-19 and a provision of over Rs 23,000 crore has been made for this purpose. He added that special emphasis is being given to strengthening pediatric care amid apprehension that the third wave may affect children more.
Tune in to COVID Fight Podcast as CNBCTV18.com’s Kanishka Sarkar shares top developments on the pandemic from around the world.
The market had been giving signs of an impending correction from the beginning of the month when the number of declining stocks steadily started exceeding the number of advancing stocks, says Anuj Singhal, Stocks Editor at CNBC-TV18 in this edition of Markets Unplugged Podcast. The correction has suddenly become brutal over the last few days, and this will lead to a reset of investor expectations, he says.
Singhal feels that CarTrade has a good business model, but the valuation was excessive and coming to the market at this point with issue only to provide an exit to existing shareholders was a case of bull market greed. HNIs have lost money in many of the recent IPOs as the listing price was not enough to cover the interest cost they had to pay on borrowed funds.
Yet, quality issues priced reasonably will still find takers even if the market continues to correct. Right now, investors are flocking to FMCG and IT stocks for safety, not so much to pharma stocks because the sector still continues to grapple with its own set of issues, mainly pricing pressure in the US markets. Commodity shares sold off over the last week, but overall story, particularly in steel, still has some steam left.
To find out the key cues that Anuj is keeping an eye out for next week, listen to the podcast.
Catch Gaurav Munjal, co-founder and CEO of Unacademy in a rapid-fire chat with CNBC-TV18’s Mugdha Variyar in this edition of the Building Unicorns podcast.
Munjal says Netflix is his biggest competition, and he wants to do for education what Netflix has done for entertainment.
The duo also discusses how Munjal chased investors Bhavin Turakhia for six months and Deepinder Goyal for a year just to get a meeting. He also reveals what advice Zomato’s Goyal gave him five years ago on building a company.
The CEO of Unacademy, which has raised over $800 million, says fundraising gives a founder peace of mind.
Munjal also shares why the talent war for tech hiring is "absolutely crazy".
Unacademy co-founder also tells Variyar why he put his name on a letter from the startup community to Prime Minister Narendra Modi asking for a direct overseas listing.
Tune in to the Building Unicorns podcast to find out more about Unacademy’s valuations, competition (including Byju's' acquisition spree), how Munjal raised funding from Zomato's Deepinder Goyal, and his leadership style. And of course, more on IPOs.
A study led by researchers at the University of Oxford says that Pfizer and AstraZeneca COVID-19 vaccines are less effective against the Delta variant of coronavirus compared to the Alpha variant.
Meanwhile, US President Joe Biden has said that coronavirus booster shots will be available starting the week of September 20, pending approval by the FDA.
Tune in to this edition of COVID Fight Podcast as CNBCTV18.com’s Kanishka Sarkar to find out more about vaccines and the pandemic from around the world.
Maharashtra COVID task force member Dr Shashank Joshi said on August 18 that Delta plus variant of coronavirus is not a worrying factor as it is forming less than one percent of the current strain.
Meanwhile, a study has found that the Delta variant of the SARS-CoV-2 virus is unable to evade the antibodies generated by vaccination.
Tune in to this edition of COVID Fight Podcast as CNBCTV18.com’s Kanishka Sarkar shares details on COVID variants and more on the pandemic from around the world.
India administered more than 88 lakh COVID-19 vaccine doses on August 16, the highest ever vaccination achieved in a single day, the government said on August 17. This comes alongside a sharp decline in daily new infections.
Meanwhile, experts in the US are likely to recommend COVID-19 vaccine boosters after eight months of vaccination.
Tune in to this COVID Fight Podcast as CNBCTV18.com’s Kanishka Sarkar shares more updates on the pandemic from around the world.
As industries strive to recover from the impact of the COVID-19 pandemic, a report suggests that business activity rose for the second consecutive week for the week ending August 15, crossing the pre-pandemic level for the first time since the onset of the COVID-19 disruption in March 2020.
Meanwhile, in the US, the government is mulling COVID vaccine boosters for the elderly as early as fall.
Tune in to COVID Fight Podcast as CNBCTV18.com’s Kanishka Sarkar shares more updates on the pandemic from around the world.
In this Independence Day special one-on-one interaction, Principal Economic Advisor Sanjeev Sanyal shares his views on the government's Aatmanirbhar Bharat initiative, the pandemic’s effects on our economy, and the need for more 'world-class Indian resources' to succeed in our quest to become a self-sufficient and self-reliant nation.
The conversation also touches upon the social and cultural aspects of Aatmanirbharta, India’s soft power, and the ways in which it is going to contribute to our growth trajectory in a post-Covid world, etc.
This special interaction is a part of our ongoing thought leadership campaign - ‘Swabhiman Bharat’, that highlights indigenous successes, seeks solutions, and creates influential conversations around Aatmanirbharta.
Watch the video for more.
BMC Commissioner Iqbal Singh Chahal said on August 13 that all residents of Mumbai will be vaccinated by the end of November. He also clarified that one vaccine dose is a must for all employees to reopen shops.
Meanwhile, in the US, regulators have okayed a third dose of the COVID-19 vaccine for transplant recipients and others with a weak immune system.
Tune in to the COVID Fight Podcast as CNBCTV18.com's Kanishka Sarkar shares more updates on the pandemic from around the world.
In this edition of the Market Unplugged Podcast, CNBCTV18.com Editor Santosh Nair and CNBC-TV18 Stocks Editor Anuj Singhal decode the phenomenal rally so far, the IPO frenzy and delve into why pharma, metals and other sectors are booming.
They also discuss which sectors could peak out soon as the COVID-19 situation seems to be returning to normal around the world.
To know all about that transpired in the market this past week and what to expect in the upcoming week, tune in to the Market Unplugged Podcast.
A day after the Maharashtra government further relaxed norms for restaurants and malls, several of them raised concerns against some conditions on August 12 calling them “impractical.”
Tune in to this edition of the COVID Fight Podcast as CNBC-TV18’s Kanishka Sarkar discusses in detail the relaxations and the concerns of the stakeholders.
She also talks about the situation in the US, where COVID-19 related hospitalisations and deaths are expected to spike over the next four weeks, driven in large part by the highly infectious Delta variant.
Tune in to COVID Fight Podcast for more
The Drugs Controller General of India (DCGI) has given the nod for conducting a study on mixing doses of Covaxin and Covishield vaccines against COVID-19, according to CNBC-TV18. "Permission has been granted for a research study by CMC Vellore (Tamil Nadu) on mixing of vaccines doses," Dr VK Paul, Niti Aayog member said during a press briefing on August 11.
Meanwhile, Indonesian villagers and scientists have designed a robot called ‘Delta’ that can deliver food, and other articles to those who have contracted COVID-19.
In this edition of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar sheds light on the ‘Delta robot’ and more on the virus situation from around the world.
She also talks about how COVID-19 vaccines work on compromised immune systems and how the viral disease affects the brain.
Tune in to COVID Fight Podcast for more.
In an effort to revive its pandemic battered tourism sector, the Kerala government rolled out a bio-bubble system on August 10, which is expected to insulate tourists from the viral infection.
While India’s daily COVID-19 cases were at a 147-day low as only a little under 29,000 new cases were recorded, China saw a spike in cases at 180 infections being reported on August 10.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar brings the top developments on the pandemic from India and around the world.
She talks about an analysis according to which the global eradication of COVID-19 is more feasible than it is for polio.
Meanwhile, Pakistan has decided to ban train travel for unvaccinated people from October. China, on the other hand, has reported the highest single-day rise since the current outbreak began in July.
Tune in to COVID Fight Podcast for more
US-based pharma giant Johnson & Johnson has applied for emergency use approval of its coronavirus vaccine in India on August 6. If it is granted approval by the regulator, J&J's vaccine will be the first single-dose shot to be available in the country.
In this edition of the COVID Fight podcast, CNBC-TV18's Kanishka Sarkar shares details on the single-dose vaccine and more on the pandemic from around the world.
She talks about a study that suggests people who have received both doses of the vaccine against coronavirus are three times less likely to contract the virus.
She also delves into whether COVID vaccine passes are moving the needle on getting people inoculated and what different countries are doing to entice vaccine stragglers.
Tune in to COVID Fight Podcast for more...
The World Health Organization said on August 5 that the Delta variant of coronavirus has been reported in 135 countries and the global case count could exceed 200 million in the second week this month.
In this edition of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar brings you the top developments on the pandemic from around the world.
She talks about reports suggesting that the Centre could consider reducing the gap between two doses of the Covishield vaccine.
She also shares details of a study that has claimed the annual influenza vaccine may protect against severe effects of COVID-19.
Meanwhile, despite WHO's call for a halt on COVID-19 vaccine booster shots until at least the end of September, Germany and France have decided to start them earlier.
To know more, tune in to COVID Fight Podcast.
Even as concerns are being raised over the rise in fresh COVID-19 cases across multiple states, experts suggest that there is no need to panic and instead people must mask up and get vaccinated.
Moreover, though they pointed to the worrying R-factor in some states, they said it is too early to declare the beginning of a new wave.
In this edition of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar brings you top developments on the pandemic from India and around the world.
She talks about Mumbai getting its first genome sequencing laboratory and West Bengal’s plan to conduct genome sequencing on fully vaccinated people who have tested positive for the virus.
She also delves into a Lancet study that suggests that long-lasting COVID-19 symptoms are rare in children.
Meanwhile, China has reported the maximum daily cases since January due to the outbreak of the Delta variant.
Tune in to COVID Fight Podcast for more
India's two-wheeler market is having a moment.
The roughly 20 million units sales of two-wheelers in India are looking at a moment of ostensible disruption as electric vehicle upstarts invest in capacities to build these vehicles at scale and scramble to grab a spot at the leaderboard of this nascent transition.
However, a leading manufacturer of two and three-wheelers —one that caters to the world out of its Indian factories, besides domestic demand —is not in a rush to "evangalise" this transition at the cost of profitability.
"We will not bleed to evangelize EVs", Rakesh Sharma, Executive Director, Bajaj Auto, tells CNBC-TV18's Alisha Sachdev in this episode of the Smooth Ride podcast.
"We may bleed to build capability", he adds.
Sharma reflects a point of view that signals a legacy brand like Bajaj Auto, which goes back decades, does not view EVs as a proposition that presents a threat. He says it is an exciting opportunity, and one that the company is preparing to leverage, but it is not viable at this moment.
"There is a gap between cost and price. Partly, the gap is between what ICE vehicles can offer and what it is landing at with EVs", he says, adding, that the automaker will be in a mad rush to build capability rather than put in dollars to bridge some kind of a price gap.
Bajaj Auto is also tracking its best-ever export figures this financial year after delivering record export volumes in 2020, and volumes "just a shade below 2020 levels" in 2021.
Sharma delves into what motivates Bajaj Auto's global outlook, growth drivers in its next phase of expansion (after having 80 markets and having almost run out of meaningful markets to enter into!), competing whilst retaining profitability, and its plans for the new and only wholly-owned subsidiary in India.
Tune in to Smooth Ride Podcast for more
The Maharashtra government has eased COVID-19 restrictions in a number of districts across the state. However, it has held back on clarifying whether it would allow fully vaccinated people to travel on Mumbai locals.
State Health Minister Rajesh Tope on August 3 said that Chief Minister Uddhav Thackeray will discuss the issue before a decision is taken.
In this episode of the COVID Fight Podcast, CNBCTV18.com’s Kanishka Sarkar shares why the plan has been put on hold and more on the pandemic from India and around the world.
She also talks about the US finally reaching Joe Biden's goal of getting at least one COVID-19 shot in the arms of 70 percent of American adults.
Meanwhile, China has announced mass coronavirus testing in Wuhan as an unusually wide series of COVID-19 outbreaks reached the city.
Tune in to COVID Fight Podcast for more
India is expected to witness a spike in COVID-19 cases in August in what experts are suggesting would be the third virus wave in the country. According to researchers Mathukumalli Vidyasagar and Manindra Agrawal, the third wave would peak in October.
In this edition of CNBCTV18.com's COVID Fight Podcast Yashi Gupta shares updates on the coronavirus situation from India and around the world.
Apart from the new research on the third wave of the pandemic, she discusses India's daily infection tally and shares updates on the progress of the country's vaccination drive.
Tune in to the COVID Fight podcast to know more.
In this edition of the Market Unplugged Podcast, CNBC-TV18 National News Editor Prashant Nair and CNBVTV18.com Executive Editor Santosh Nair discuss all the action from the Indian markets in the week gone by and what to look forward to in the coming week.
Here's a look at the key points the duo discussed and the key triggers to watch out for
- Why the market continues to have a bullish undertone despite benchmark indices trading in a narrow band
- Why most recent listings are now in bubble territory
- What is driving metal shares higher and the outlook for the sector
- How the Fed decision to keep interest rates unchanged will influence near term market sentiment
- The earnings trend so far
- Key factors that will decide market direction
Tune in to Market Unplugged Podcast for more
The Subject Expert Committee (SEC) of the Central Drugs Standard Control Organisation (CDSCO) on July 30 favoured the mixing and matching of Covishield and Covaxin vaccine doses, reports said.
The panel has recommended that permission be granted to Christian Medical College, Vellore, for conducting a clinical trial on the mixing of the two shots.
In this edition of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar brings you the top developments on the pandemic from India and around the world.
She talks about why US states are racing to use COVID-19 vaccines before they expire.
Moreover, President Joe Biden has urged states and localities to offer residents cash rewards to get COVID-19 shots.
Meanwhile, Japan has decided to expand states of emergency to three prefectures near Olympic host Tokyo and the western prefecture of Osaka.
Tune in to COVID Fight Podcast for more
Bharat Biotech’s chairman and managing director Krishna Ella on July 29 said public behaviour is very irresponsible and it is what will decide the course of the third COVID-19 wave.
In this edition of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar talks about top developments on the pandemic from India and around the world.
She talks about a recent Maharashtra cabinet meeting where authorities discussed the possibility of allowing fully vaccinated people in Mumbai to travel in local trains and Brihanmumbai Electric Supply and Transport (BEST) buses.
She also shares why the US has once again recommended wearing masks indoors even to people who are fully vaccinated.
Meanwhile, in Australia’s Sydney, authorities have increased police powers to shut down businesses not complying with lockdown measures.
Tune in to COVID Fight Podcast for more
A Parliamentary panel report has said that the stimulus package announced by the government for the revival of the COVID-19 pandemic-hit economy has been found to be "inadequate."
The panel has recommended that the government should immediately come out with a larger economic package aimed at bolstering demand, investment, exports, and employment generation to help the economy.
In this episode of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar shares the top developments on the pandemic from India and around the world.
She also talks about why researchers say governments world over will have to consider the costs of long COVID when easing pandemic restrictions.
Meanwhile, Australia's biggest city, Sydney, has extended its lockdown by four weeks after an already protracted stay-at-home order failed to douse a COVID-19 outbreak.
Tune in to COVID Fight Podcast for more
Union Health Minister Mansukh Mandaviya confirmed on July 27 that India would soon start administering COVID-19 vaccines to children. At a BJP parliamentary meeting in Delhi, he said that the government is likely to start vaccinating children from August.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar shares updates on the progress of India's vaccination drive and reports that suggest the country would miss its July-end target to administer over a 50 crore COVID-19 vaccine doses.
She also throws light on a plea in the Supreme Court that seeks directions to the Centre to set up an international task force of experts to find out the extent to which the new COVID-19 virus strain was responsible for deaths in India between April and June 2021.
Meanwhile, the UN has said that the COVID-19 pandemic is hitting conflict-ridden and impoverished countries much worse this year than in 2020.
Tune in to COVID Fight Podcast for more
Hyderabad-based pharmaceutical company Biological E Limited (BE) told CNBC-TV18 on July 26 that phase III trial of its vaccine Corbevax is underway and it would apply for emergency use authorisation in August 2021.
The company said it that initially it will supply a minimum of 300 million doses of vaccine to the Central government after obtaining an Emergency Use Licence (EUL), which it hopes to secure by September.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar brings you the top developments on the pandemic from India and around the world.
She also talks about COVID-19 infections at the Tokyo Olympics, which have risen to 148 as organisers said 16 new cases were reported on July 26.
Tune in to COVID Fight Podcast for more.
The chief of the All India Institute Of Medical Sciences (AIIMS) Dr. Randeep Guleria on July 23 suggested that it is possible to delay the third COVID-19 wave.
In this episode of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar talks about how, according to the AIIMS director, the third wave can be delayed and even flattened.
She also discusses why the government said it may be premature to conclude that complications like lung fibrosis and increased thrombotic events due to COVID-19 are on the rise.
Meanwhile, the COVID-19 cases associated with the Tokyo Olympics have breached the 100-mark. The worrying milestone was touched on the day the Games officially opened with a ceremony attended by less than 1,000 dignitaries.
Tune in to COVID Fight Podcast for more
The government has once again dismissed claims of COVID-19 deaths being underreported in India in the ongoing monsoon session of Parliament. In his statement in Rajya Sabha, Health Minister Mansukh Mandaviya refuted the allegations of underreporting COVID-19 deaths and said that the Centre only compiles and publishes data sent by state governments.
Meanwhile, China has rejected a World Health Organization (WHO) proposal of starting the second phase of tracing the origin of the virus to Wuhan, especially probing the lab leak theory.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar shares the top developments on the pandemic from India and around the world as of July 22.
She talks about more athletes participating in the Tokyo Olympics being tested positive for coronavirus, while most Indian athletes have opted out of joining the opening ceremony on July 23 citing virus concerns.
Tune in to COVID Fight Podcast for more.
Even as the second COVID-19 wave has almost plateaued across India and most states have eased restrictions, the possibility of the third wave continues to be a cause of worry.
Mizoram on July 20 reported the highest single-day spike of COVID-19 cases as 807 people tested positive, a Health Department official said. He added that more than 150 children were among the newly infected people.
Meanwhile, the US has lowered its travel advisory for India from the highest Level 4, meaning no travel, to Level 3, which urges citizens to reconsider it.
In this edition of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar shares the top developments on the pandemic from India and around the world.
She talks about Prime Minister Narendra Modi calling the crisis a humanitarian issue and how it is the government’s responsibility to ensure not a single poor person "sleeps" hungry.
Meanwhile, the Tokyo Olympic organisers have announced the first case of a Games volunteer testing positive for COVID-19 along with seven more contractors associated with the event.
Five athletes, three of them staying at the Games village, have tested positive for the virus till July 19.
Tune in to COVID Fight Podcast for more
India now has a total of 16 states that have formulated or proposed dedicated electric vehicle policies. And increasingly, it is customers and not manufacturers who are at the centre of the initiatives, which include cash incentives and tax exemptions or subsidies.
In this edition of the Smooth Ride podcast, CNBC-TV18's Alisha Sachdev delves into the working of these policies, of which the most recent ones came up in Rajasthan, Maharashtra, and Gujarat.
She talks to Suraj Ghosh, Associate Director leading the South Asia division of powertrain and compliance forecasts at IHS Markit, about the changing shape of state EV policies and how states like Karnataka and Tamil Nadu may take a leaf out of some of the newer policies to go back to the drawing board -- this time, with customer adoption at the centre of their schemes.
Tune in to Smooth Ride podcast for more
In this edition of the Market Unplugged Podcast, CNBC-TV18 National News Editor Prashant Nair and CNBVTV18.com Executive Editor Santosh Nair discuss all the action from the Indian markets in the week gone by and what to look forward to in the coming week.
Here's a look at the key points the duo discussed and the key triggers to watch out for going forward:
- The current mood of the market
- Why investors need to exercise caution, particularly in small and midcap stocks
- The outlook for IT stocks in the wake of strong numbers from Wipro and Infosys
- What is driving the rally in realty stocks
- What is driving the rally in market intermediaries like brokers, AMCs, depository and exchange
- If commodity stocks still have steam left in them
- Key triggers to keep an eye out for next week
The Indian Institute of Science, Bengaluru, has developed a vaccine formulation that has proven effective against all current COVID-19 variants of concern, according to a study on animals. Research shows that this formulation, which is heat tolerant, unlike other vaccines that require refrigeration, triggered a strong immune response in mice.
Meanwhile, in England, a recent study has found that more vaccinated people are dying of COVID compared to unvaccinated people.
Also, the British government's top medical adviser has warned that the number of people hospitalised with coronavirus could reach "quite scary levels" within weeks.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar shares the top developments on the pandemic, more on vaccines for children and the latest on Delta variant.
Tune in to COVID Fight Podcast for more
A 90-year-old Belgian woman, who had contracted the Alpha as well as the Beta variants of coronavirus, recently died, triggering concerns about the implications of contracting two variants of the virus at the same time.
In this episode of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar shares what experts have said about the situation and how vaccines and treatment work when a person is infected with two variants.
She also discusses how effective shots against COVID-19 are for people who have a weak immune system and what precautionary measures they must take.
Meanwhile, Indian cricketer Rishabh Pant, who is in England for a Test series next month, has tested positive for the viral disease and is currently in isolation.
Tune in to COVID Fight Podcast for more...
As people continue to throng hill stations in India, trying to catch a break after months of staying indoors, the government on July 14 raised an alarm about "blatant violation" of COVID-19 norms.
On the contrary, Tourism Minister of Greece said tourists cannot be blamed for a surge of COVID-19 infections in the European country.
Meanwhile, Cuba's state-run pharma firm BioFarma said that it has successfully produced Soberana 2, the world's first conjugate vaccine against COVID-19. According to the company, the three-dose vaccine has an efficacy rate of 91.2 percent as per phase-3 trials data.
In this episode of COVID Fight podcast, CNBC-TV18's Kanishka Sarkar shares the latest updates on the pandemic from India and around the world.
She also talks about the World Health Organization's comment on the impact of the Delta variant, and the efficacy rate of vaccines.
Tune in to COVID Fight Podcast for more...
Even as the daily COVID-19 cases in the country are declining gradually, the active cases in northeastern states have witnessed an uptick. Prime Minister Narendra Modi on July 13 held a review meeting with the chief ministers of the northeastern states and noted that the COVID-19 situation is "worrisome" in some districts.
He also cautioned against the overcrowding at tourist spots in hill stations, saying “the third wave will come when we invite it.”
Meanwhile, the production of Russia’s Sputnik V vaccine will start at the Serum Institute of India in September and the company intends to produce over 300 million doses in India per year.
In this episode of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar shares the latest on the pandemic and vaccination situation from India and around the world.
Tune in to COVID Fight Podcast for more
Even as efforts to ramp up vaccination against COVID-19 in India continue, week-on-week data on the CoWin platform points towards a declining trend when it comes to average doses being administered daily.
Zydus Cadila's vaccine for children aged above 12 years will be examined this week by Subject Expert Committee of the Central Drugs Standard Control Organisation (CDSCO). The SEC could soon authorise the vaccine for emergency use, subject to satisfactory results.
In the episode of COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar brings you the latest updates on the vaccination drive in country, Pfizer's plan for a booster shot and more on nations extending lockdowns to curb the spread of Delta variant.
Tune in to the COVID Fight Podcast for more...
In this edition of the Market Unplugged Podcast, CNBC-TV18 National News Editor Prashant Nair and CNBVTV18.com Executive Editor Santosh Nair discuss all the action from the Indian markets in the week gone by and what to look forward to in the coming week.
Here's a look at the key points the duo discussed and the key triggers to watch out for going forward:
- The undertone of the market after two consecutive weeks of declines in the Sensex and Nifty
- Chatter around the Zomato IPO
- Why real estate stocks are in demand
- Reasons for the outperformance of metal stocks
- The outlook for IT stocks following TCS’s lower than expected Q1 earnings
- How should investors approach the Tata Motors stocks after the steep fall this week
- Key triggers to keep an eye out for next week
Tune in to the Market Unplugged Podcast for more.
Two cases of the deadly Kappa variant of the novel coronavirus have been detected in Uttar Pradesh, sparking concerns in the state, while Delhi has chalked out a plan to tackle a possible third COVID-19 wave.
On the global front, as the Delta variant continues to spread, Australia has decided to extended lockdown restrictions in Sydney, while a Pakistan minister has talked about "clear early signs" of a fourth COVID-19 wave in the country.
In India, the government has clarified that breastfeeding mothers can take the COVID-19 vaccine shot as antibodies would passively transfer to the baby.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar shares the latest developments on the pandemic, the new strains, and what experts say about the efficacy of existing jabs on new mutants.
Tune in to COVID Fight Podcast for more.
The World Health Organisation on July 8 said that the COVID-19 situation continues to remain "fragile and critical" around the world. WHO Chief Scientist Dr Soumya Swaminathan, in an exclusive interview with CNBC-TV18, said that India needs to be extremely careful since large sections of the population in the country remain vulnerable to COVID-19.
Meanwhile, the Prime Minister of Japan has formally declared a state of emergency in Tokyo and has imposed restrictions to curb the spread of the virus. And the UK has reported a daily spike of more than 30,000 cases for the first time since January.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar talks about top developments on the pandemic from around the world and what the WHO chief scientist said about the highly contagious Delta variant, which has spread to over 100 countries.
Tune in to COVID Fight Podcast for more.
InMobi's Group's Glance that provides dynamic content on lockscreens for Android users has reached 130 million daily active users and is now looking to capture 1 billion users. One of the fastest entities to become a unicorn, Glance has entered into a joint venture with Collective Artists Network to help celebrities and influencers co-create their own brand.
In this episode of the Building Unicorns Podcast, CNBC-TV18's Mugdha Variyar talks to Glance Piyush Shah, co-founder of InMobi Group, and President and COO of Glance.
Tune in to Building Unicorns Podcast to know more about Glance’s acquisitions and plans to boost AI and customer experience.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar shares the top developments on the pandemic and its impact on India and the world.
While cases in India are gradually decreasing and the pace of vaccination is gathering momentum, problems in rural India continue as people are sinking deeper into debt, with the pandemic wiping out jobs.
Moreover, as the debate around compensation to families of COVID-19 victims heats up, the central government has said that it will factor in an additional expenditure of around Rs 1.50 lakh crore for the purpose.
The Delhi government has launched a social security scheme and an online portal to provide financial assistance to families who lost their loved ones due to COVID.
To know all about the situation around the globe, tune in to COVID Fight Podcast.
India's luxury car buyers haven't had too many choices to go electric so far, but that seems to be changing fast. German luxury carmaker Audi's all-electric SUV e-tron will make its India debut this month. It's only the third luxury electric car in the Indian market and Audi's first green offering in the country.
At a time when India is just warming up to EVs, there is a lot riding on the first models that hit the market. Not only will they set perception, but also set expectations going forward, like how soon will they go mainstream and whether will customers find value in these pricey cars.
At a handsome 8-digit price, the e-tron will expand the market in which Mercedes Benz (the EQC) and Jaguar (i-Pace) are the sole players so far.
In this episode of the Smooth Ride podcast, Audi India Head, Balbir Dhillon, tells CNBC-TV18's Alisha Sachdev that this is only the start of the company's electric journey.
"At least four more e-tron models will be launched in the Indian market, and all of them will deliver an experience that customers have come to expect out of an Audi SUV," he said.
"Whatever a customer expects from an Audi, expects from an SUV is also going to be present in this car, which is very critical for us. Whether it is drivability, experience, high torque, comfort of sitting in the passenger seats of the car, performance on-road, off-road (the car is Quattro) and even on the track… and we will give 11kW chargers which the car, which is also capable of DC charging," Dhillon said and added that the car is primed for Indian buyers and Indian roads.
Tune in to the Smooth Ride podcast for more details on the range, charging solutions, and other features of the Audi e-tron.
States in India have started to prepare for the third wave of the COVID-19 pandemic. Indonesia, meanwhile, is struggling to tackle its second one and France is staring at its fourth.
The Gujarat government plans to install 300 oxygen plants in the state to tackle a possible third wave. In Bengal, organisers, much like last year, have decided to keep Durga Puja celebrations low-key in view of the COVID-19 situation.
In this edition of the COVID Fight podcast, CNBC-TV18’s Kanishka Sarkar shares the latest updates on the pandemic from India and around the world.
Indonesia is facing a situation similar to India when the country was witnessing the peak of the second COVID-19 wave. Parts of Indonesia are facing a shortage of oxygen supplies as the number of critically ill patients has increased.
Meanwhile, the French government has warned of a possible fourth wave from July end.
Tune in to COVID Fight Podcast for more
Kerala has decided to train its health workers in child care as experts suggest the third COVID-19 wave would affect children the most. Moreover, with states such as Kerala, Arunachal Pradesh, Tripura, Odisha, Chhattisgarh and Manipur are witnessing a high number of daily cases, the Centre has deputed expert teams to help in response and management.
In this episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar shares the latest updates on India's infection tally, expert views on the mix and match of vaccine doses, and the impact of the Delta strain across the world.Tune in to COVID Fight Podcast for more.
July 2, saw the market snap a four-day losing streak to close in the green. Nifty ended 42 points higher at 15,722, while the Sensex gained 166 points to end at 52,484.
In this edition of the Market Unplugged podcast, CNBCTV18.com Executive Editor Santosh Nair and CNBC-TV18 National News Editor Prashant Nair discuss all the action from the market this past week and what to look forward to in the upcoming week.
They first talk about the key support and resistance levels for Nifty, the trend in second line shares and what the market breadth seems to indicate.
Next the duo discuss how expensive valuations can hold back investors from buying aggressively at these levels and the reason behind pharma stocks outperforming this week and whether the momentum would sustain.
Prashant then delves into the outlook for steel shares and key things that could influence market sentiment in the short term.
Tune in to the Market Unplugged Podcast to know more.
The second COVID-19 wave in India caused by the Delta variant may be simmering, but the variant has now reportedly spread to nearly 100 countries.
The World Health Organization (WHO) has warned that in the coming months, the highly transmissible strain will become the dominant variant globally.
Meanwhile, amid a row over vaccine passports, seven European Union countries today added India's Covishield vaccine to the Green Pass list. The move comes after India had requested EU members to individually consider allowing Indians who have been administered Covishield and Covaxin vaccines to travel to Europe.
On the global front, Indonesia is at the cusp of facing an India-like second COVID-19 wave as the country is witnessing an exponential spike in cases, which has strained the country's medical system.
In this latest episode of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar talks in detail about WHO's take on the Delta variant, Canada's new treatment for rare blood clots after inoculation, and the latest on vaccines.
Tune in for more to the COVID Fight Podcast for more.
Cryptocurrencies are the talk of almost every investment show and many of you must be mulling on whether or not to join the crypto bandwagon. But if you are beginner and are worried about the volatility in cryptocurrencies, this podcast will surely help.
While there is a risk, the returns of investing in digital currency are multifold. In this pilot episode of CNBC-TV18's Cryptocurrency Podcast, in association with Wazirx, Manisha Gupta talks to Kashif Raza, co-founder of Crypto Kanoon, to decode the volatile moves that cryptocurrencies have witnessed in recent weeks.
But, according to Raza, "Volatility is the biggest advertiser for cryptocurrency... it plays the role of an invitation."
There are 150 million users in the crypto space, said Raza and explained that the user base of the currency, which is nearly 10-11 years old, is similar to that of the internet back in 1997.
Tune in to Cryptocurrency Podcast as Raza shares tips on what beginners should keep in mind, while investing in digital currencies.
The US' National Institute of Health has said that Covaxin -- the vaccine developed by Bharat Biotech in collaboration with the Indian Council of Medical Research -- effectively neutralises both Alpha and Delta variants of the coronavirus.
The development comes at a time when India is staring at a third wave of the pandemic, which is likely to be triggered by the Delta Plus variant.
Meanwhile, Brazil has suspended a $324-million contract for Bharat Biotech's Covaxin following accusations of alleged irregularities in the deal.
Nonetheless, Hyderabad-based Bharat Biotech insists that it has not received any advance payment from the Brazilian government.
In this episode of the COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar brings to you the latest developments on vaccine controversies, the revival of the hospitality sector, and experts' take on reports suggesting underreporting of COVID-19 deaths in India.
Tune in to COVID Fight Podcast for more...
A recent string of policy announcements by the government to push for the adoption of electric vehicles (EVs) has been a certain sentiment boost for prospective buyers.
But are these subsidies driving real demand? Are people queueing up at showrooms to buy electric two-wheelers that have been made substantially more affordable now? To get answers to these questions and more, CNBC-TV18's Alisha Sachdev spoke to Managing Director of Hero Electric Naveen Munjal.
According to him, the company is already seeing higher sales because "prices have dropped substantially". The cap on the amount of subsidies that can be offered has gone up to allow more room for a reduction in prices, he said.
That is a shift from the previous version of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicle (FAME)-II policy, which according to Munjal, did not create a good retail offtake.
In this episode of the Smooth Ride Podcast, Alisha Sachdev speaks to the country's largest electric two-wheeler manufacturer about the biggest points of resistance for customers -- beyond costs -- that constrain mass adoption of EVs.
Tune in to the Smooth Ride podcast for more.
India recorded less than 40,000 COVID-19 cases for the first time in over three months on June 29. The daily death toll too remained below 1,000 for the second consecutive day.
However, as experts continue to warn of a third wave, it could be a tough road ahead. To help India gear up for a third wave, the US has stepped in and announced an additional $41 million in assistance to enhance the country's health services. This takes the total aid from the country to over $200 million.
In this episode of the COVID Fight podcast, CNBC-TV18's Kanishka Sarkar shares updates on Moderna getting emergency use authorisation from the Indian drug regulator for its vaccine, the government's take on pregnant women being allowed to take the jab, and more on vaccine trials for children.
She also talks about the latest on the controversy over vaccine passports and what the European Union said about travellers who have been administered the Covishield vaccine.
Tune in to COVID Fight podcast for more.
The Union Finance Ministry on June 28 announced a fresh stimulus package for sectors hit hard by the second COVID-19 wave.
A Rs 1.1 lakh crore loan guarantee scheme, a new Credit Guarantee Scheme that will facilitate loans to 25 lakh persons via Micro Finance Institutions, and free visas for five lakh tourists were among the measures announced by Finance Minister Nirmala Sitharaman.
Other measures include financial support to registered tourist guides, stakeholders in Travel and Tourism, additional Rs 1.5 lakh crore for Emergency Credit Line Guarantee Scheme, additional protein-based fertilizer subsidy for farmers, and extension of the Pradhan Mantri Garib Kalyan Anna Yojana.
In this episode of the COVID Fight podcast, CNBC-TV18's Kanishka Sarkar talks about the eight economic relief measures announced by the FM today, the latest on Delta plus variant, reopening of schools, and more.
Tune in to COVID Fight podcast
Delta plus variant of COVID, which has been declared as a variant of concern, may trigger a possible third wave, reports suggest. This comes as 40 cases of the variant have been detected in India.
While there is a sudden panic about the Delta plus variant, Maharashtra COVID-19 task force’s member Dr Shashank Joshi suggests that there is no sufficient data available to be alarmed about the variant yet.
Nonetheless, All India Institute of Medical Sciences chief Dr Randeep Guleria reportedly said that the Delta plus variant is extremely transmissible. Even walking next to a Covid-19 patient who is a carrier of this variant without a mask may lead to an infection.
In this episode of COVID Fight podcast, CNBC-TV18’s Kanishka Sarkar talks about the latest on Delta plus variant, the vaccination pace in India and what White House Chief Medical Advisor Dr Anthony Fauci thinks is the "greatest threat" to America's response to the pandemic.
The curve of the second COVID-19 wave sure seems to be flattening with India recording less than 43,000 daily cases, the lowest in 91 days, on Tuesday. Experts, however, have warned that this optimistic picture must be edged with abundant caution.
Several scientists cited the emergence of new variants, the still high absolute number of cases, the many districts where the positivity rate remains over 5 percent, and concerns over the reliability of data as reasons for keeping the guard up.
In this episode of COVID Fight Podcast, CNBC-TV18’s Kanishka Sarkar explains why experts say the end of the second wave may yet be far away.
She also talks about the emergence of the Delta plus variant in Maharashtra, what WHO says about the efficacy of vaccines against the Delta variant, and the latest on vaccination in India.
Tune in to the COVID Fight podcast for more
In the financial year 2021, when all segments of the auto sector shrank in volumes due to a brutal wave of COVID-19, there was one segment that stood apart and continued to grow -- tractors.
Growing over 20 percent, the most in a decade, India's tractor market benefited from a unique combination of factors in 2021. There was an unusually good monsoon, a bumper kharif and rabi output, and the government was in "mission mode" to support rural incomes leading to a robust circulation of money.
In this edition of the Smooth Ride podcast, Mahindra and Mahindra's head of strategy, farm equipment sector, Ramesh Ramachandran tells CNBC-TV18's Alisha Sachdev about the less obvious factors like reverse migration into villages during COVID-related lockdowns and an increased propensity to spend that played a critical role in making the year what it was.
The industry was in touching distance of 90,000 units of tractor sales last financial year but the growth in FY22 is likely to soften to single digits.
However, going forward the growth will be driven by non-tractor elements of the farm machinery market too, Ramachandran said.
In the latest episode of the podcast, the conversation goes beyond tractors to probe at length what constitutes the farm equipment market, the vast opportunity for mechanising Indian agriculture, and improving agricultural incomes.
Tune in to Smooth Ride podcast to find out how technology like the Internet of Things and Artificial Intelligence is of critical importance to the Mahindra Group's big global bets on this segment and more
Even as daily COVID-19 cases in the country are declining, All India Institute of Medical Sciences Chief Dr Randeep Guleria has said that a third wave is inevitable. He added that the third wave can hit the country in the next six to eight weeks.
In today's edition of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar brings you the top updates on India's vaccination plan, WHO official's take on booster shots against COVID-19 variants and more on the way how we can learn to live with the virus going forward.
According to a Bloomberg report, after more than a year of obsessively tracking COVID-19 cases, epidemiologists are starting to shift their focus to other measures.
With rich countries vaccinating growing proportions of their vulnerable populations, the link between infection numbers and deaths appears to be diminishing, the report suggests. The focus is on learning to live with the virus -- and on the data that matters most to avoid fresh lockdowns.
Tune in to COVID Fight podcast to know more.
Markets Unplugged: Correction may be short-lived as liquidity is still strong
In this edition of the Market Unplugged Podcast, CNBC-TV18's National News Editor Prashant Nair and CNBCTV18.com Editor Santosh Nair discuss all that transpired in the market this past week and what to look forward to in the coming week.
The duo discuss the following points:
Why investors are unfazed by the Federal Reserve's decision to advance its time for hiking interest rates
The strength in the dollar and its implications for emerging market equities and commodities
The outlook for the steel sector in the context of the strong dollar and the measures by China to curb inflation over there
Whether the uptrend in small and midcap shares has been broken
Key movers during the week
Key things that could influence market sentiment in the short term
Tune in to the Market Unplugged Podcast for more.
Reports suggest that the third wave of COVID-19 may strike India in October this year. A Reuters poll of medical experts has claimed that the third wave will be better controlled than the second outbreak. The pandemic, however, will remain a public health threat for at least another year.
Even as the national capital continues prep for the third wave, the Delhi High Court on Friday asked the Centre and the Delhi government to submit a status report on the unlocking. This comes after photographs of people flouting COVID-19 norms in the Capital came to the fore.
In this episode of COVID Fight podcast, Kanishka Sarkar brings to you all the latest developments on coronavirus vaccination, testing, action plan for third wave, and more.
Tune in to COVID Fight podcast to find out more
Health officials in Maharashtra have warned that the state could soon witness a third wave of the coronavirus outbreak due to the Delta plus variant. If the third wave hits the state, the number of active patients could reach up to eight lakh, of which 80,000 or 10 percent would be children, state health department officials have said.
While Chief Minister Uddhav Thackeray has warned that if people fail to follow COVID-19 appropriate behaviour, the state could deal with the third wave even before recovering from the second.
In today's edition of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar brings you top updates on the coronavirus situation from India and around the world.
She talks about the latest developments on the controversy around the ideal interval between Covishield vaccine doses. Dr NK Arora, chairman of the COVID-19 Working Group of National Technical Advisory Group on Immunisation, said that India is considering emerging evidence on whether or not we should revert to the four to eight-week gap between the two doses.
Tune in to the COVID Fight Podcast for more.
This edition of the Building Unicorns Podcast focuses on startups that are heading towards becoming unicorns. And today, we connect with online furniture firm Pepperfry.
Launched in 2012 as a lifestyle e-commerce marketplace, Pepperfry, within a year took a decision to move out of other categories and focus solely on the home and furniture sector.
The company says it has shipped more than 7 million furniture and home items, so far. They have 70 plus experiential studios spread across four plus cities, which contribute over 30 percent to the overall revenue.
CNBC-TV18's Mugdha Variyar talks to Pepperfry’s co-founder and COO Ashish Shah, about their journey over the last 10 years and the plans going forward.
Shah said the company will become profitable later this year and will head for an IPO in 12-18 months.
As IKEA expands aggressively in more markets, the PepperFry team remains unfazed. In fact, Shah said the competition will help in more customers buying branded furniture over unbranded, and that will expand the organised sector for the furniture business.
Tune in to the Building Unicorns Podcast for more.
The government has announced that a customised crash course will be launched for frontline workers and the youth will be trained to work as health assistance to battle a possible third wave of the coronavirus.
In today's edition of the COVID Fight Podcast, CNBC-TV18's Kanishka Sarkar brings you all the updates on the coronavirus situation from India and around the world.
She delves into the Covishield vaccine gap controversy which kicked up a storm after a few scientists said they didn't back the 12 to 16 weeks gap between two doses. MD Gupte, former director of the state-run National Institute of Epidemiology, said that the National Technical Advisory Group on Immunisation had backed increasing the dosing interval to 8-12 weeks. This is per the gap, which was advised by the World Health Organization (WHO) as well.
Tune in to the COVID Fight Podcast for more.
After a recent modification to the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) scheme, this week’s edition of the Smooth Ride podcast focuses on electric vehicles - electric two-wheelers to be specific.
Not surprisingly, the government's decision to significantly hike customer incentives for electric two-wheelers under its FAME II scheme is a major shot in the arm for Made-in-India e-2-wheeler makers, and also for customers who wish to switch to EVs by lowering the cost-entry barrier.
CNBC-TV18's Alisha Sachdev gets in conversation with the founders of Ather Energy, Swapnil Jain and Tarun Mehta to talk about what Mehta says is the "take-off point for mass adoption of EVs in India."
Tune in to Smooth Ride Podcast to find out more about the new policy, Ather's flagship product - the 450X, its expansion plans, and the production challenges it faces as it enters a massive growth spurt.
As India continues its battle against the coronavirus and subsequent variants that took a toll on the country in the form of the second wave, the situation seems to be improving as overall cases are on the decline.
In this edition of COVID Fight Podcast, a brand new series from CNBC-TV18's stable, Kanishka Sarkar brings to you the latest developments on the coronavirus pandemic from India and around the world.
On Tuesday, India recorded the lowest daily COVID-19 count in the past 75 days.
However, health experts said that India could have averted the spread of the deadly variants in the second wave. Moreover, doctors have warned of an explosion of cases in Delhi as people in the national capital are defying COVID-19 norms.
Tune in to the COVID Fight Podcast for more.
As Sensex and Nifty ended at record highs on June 11, primarily led by IT, metal and pharma stocks, CNBC-TV18's National News Editor Prashant Nair and CNBCTV18.com Executive Editor Santosh Nair decode the key factors that are influencing market sentiment and what investors should focus on in the short term.
They also discuss the Fear Of Missing Out (FOMO) factor at play, which is causing retail investors to load up on stocks.
Prashant talks about the reasons why investors are willing to overlook lingering concerns about inflation.
Tune in to this edition of the Market Unplugged Podcast, to find out more about inflation, what strategy retail investors must follow, and the outlook for the steel sector in the coming weeks.
Over half of Toyota Kirloskar Motor's dealerships have partially opened up in the last week as several states have begun easing COVID-19 led restrictions. Matching supply with demand is likely to be a challenge for the carmaker over the next month.
However, things will soon begin to normalise and the demand picture for passenger cars looks net positive, says Naveen Soni, Senior Vice President, Toyota Kirloskar Motor.
Toyota Kirloskar Motor, one of India’s leading Utility Vehicle (UV) automakers, manufactures products like the much-loved Fortuner and Innova Crysta, alongside younger, smaller models like Glanza and Urban Cruiser.
In this episode of the Smooth Ride podcast, CNBC-TV18's Alisha Sachdev catches up with Soni to discuss how the Japanese automaker's principle of Heijunka is critical to planning its production- a system where demand "pulls" manufacturing.
Tune in to the podcast to find more about the company’s product portfolio, its EV and hybrid strategy, and more
In this edition of the Market Unplugged Podcast, CNBC-TV18 National News Editor Prashant Nair and CNBCTV18.com Editor Santosh Nair discuss all the action the markets witnessed this past week and what to expect in the coming week.
First up they talk about the outlook on the market now that indices are hovering around record highs. They also talk about what is driving the frenzy in midcap and small cap stocks, how investors should play steel stocks here on after the eye-popping rally of the last few weeks.
Speaking about real estate stocks they discuss the current rally and whether or not it would sustain. Lastly, they dig into the key factors that could influence sentiment in the short term.
In CNBC-TV18's Building Unicorns Podcast series, we have so far hosted founders of billion dollar companies, but in this episode we decided to speak to someone who closely monitors valuations and deals in the sector via Venture Intelligence.
Arun Natarajan, founder of Venture Intelligence, shares insights of the intelligence platform's Unicorn Tracker. He said that 15 new unicorns were added so far this year compared to nine unicorns in 2020.
Speaking to CNBC-TV18's Mugdha Variyar, Natarajan digs into the rise of numerous startups in the B2B space and revealed that VC activity slowed down due in the month of May, due to the second wave of COVID-19.
Even as India reels under the impact of rising cases of COVID-19, a deadly fungal infection called mucormycosis or commonly called "black fungus" has triggered a new health challenge.
More than 11,000 cases of black fungus infections have been reported in the country, which has forced state governments to declare it an epidemic.
The rare fungal infection that emerged during the pandemic's second wave has been linked with indiscriminate use of steroids and uncontrolled diabetes in COVID-19 positive patients.
But there is much more to it.
CNBC-TV18's Archana Shukla talks to Dr Mandar Kubal, founder and Director of Infectious Diseases and Pulmonary Care to help us understand the new epidemic.
Tune in to the first episode of CNBC-TV18's COVID-19 Fight Podcast to find out more about mucormycosis and the ways to deal with it.
In this edition of the Market Unplugged Podcast, CNBCTV18.com Editor Santosh Nair talks to CNBC-TV18 National News Editor Prashant Nair about all the technical factors that could push up the Sensex and Nifty to record highs. They discuss why the action has now shifted from second line stocks to frontline stocks and why PSU bank stocks could continue to climb higher.
Prashant also highlights the broad earnings performance of mid and small cap stocks, the outlook for steel stocks, and why they continue to have some steam left in them.
Lastly, they discuss key triggers to keep an eye out for in the upcoming week.
Tune in to the Market Unplugged Podcast for more.
Tata Motors, one of India's largest automakers, has been scripting a stunning turnaround story in its once struggling domestic passenger car business.
On the other side of the world, it is also making big strides towards an audacious 'reimagination' of its England-headquartered luxury car business Jaguar Land Rover. The company now plans to go fully electric by as early as 2025.
A figure who has brought immense credibility to the management of Tata Motors as it navigates these significant changes is Group Chief Financial Officer PB Balaji.
In this edition of the Smooth Ride Podcast, CNBC-TV18's Alisha Sachdev catches up with Balaji and draws on Jaguar Land Rover's Reimagine challenges, the competition it faces from global counterparts, and an exciting and critical product launch for Tata Motors' domestic passenger car business.
Tune in to the Smooth Ride Podcast to find out more about Balaji's outlook on the demand and supply of Tata Motors' business, and its plans to raise funds even as the business focuses on debt reduction.
Zeta is the newest unicorn on the block with backing from SoftBank. What's interesting about the company's journey is that although it started off as a corporate benefits platform, it innovated and moved on to becoming a banking tech platform and is now associated with leading banks. CEO and co-founder of Zeta Bhavin Turakhia in this edition of the Building Unicorns Podcast talks about starting on coding when he was all of 10, balancing multiple ventures at a time and what the unicorn tag means. Zeta, recently raised $250 million from SoftBank Vision Fund 2 and its valuation has jumped to $1.45 billion. Founded by Turakhia and Ramki Gaddipati, Zeta has over 10 banks and 25 fintechs as its customers, across eight countries, including Sodexo, HDFC Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Yes Bank, RBL Bank and SBM Bank India. Tune in to the Building Unicorns Podcast as CNBC-TV18's Mugdha Variyar talks to Turakhia to find out all about the company's rise and more.
When you order food from your favorite restaurant on an app like Zomato or Swiggy, the restaurant could actually end up losing money, instead of profiting from your order.
While this may be a revelation for many, the Indian restaurant community is having a moment. It is working hard to reach customers directly, and urging them to place orders with the restaurants themselves, instead of doing so on a food aggregator platform.
This D2C or direct-to-customer push comes at a time when food deliveries are the only form of revenue for restaurants.
"A restaurant ends up paying up to 40% of their top line just on aggregator platforms", Riyaaz Amlani, MD & CEO of Impresario Handmade Restaurants and former president of the National Restaurants' Association of India (NRAI) tells Alisha Sachdev in a CNBC-TV18 Special Podcast.
"This includes commissions, discounts that we are forced to offer, discovery and marketing charges and fee", he continues.
"We are not against aggregators, we are against the tyranny of aggregators."
Amlani, who helms popular brands such as SOCIAL, Saltwater Cafe & Smoke House Deli, says that while food aggregators have afforded the restaurant industry to grow, that has come at the cost of the profitability of the individual restaurant.
Listen to the podcast to know more about what restaurants are doing to get rid of their dependence on food aggregators, their appeal to customers, and how restaurants are taking this moment to leap ahead with technology and initiatives focused on making food deliveries a personalized experience for customers, and a profitable one for restaurants.
In this edition of the Market Unplugged Podcast, CNBC-TV18 National News Editor Prashant Nair talks to CNBCTV18.com Editor Santosh Nair about all that transpired in the market this past week and what to look forward to in the upcoming week.
They discuss why equity markets globally reacted the way they did to the sell-off in cryptocurrencies and why the market shrugged off high wholesale price inflation data. Apart from what were the triggers for real estate and auto stocks that performed well in the week gone by, they also talk about why State Bank of India (SBI) and Bank of Baroda (BoB) stock will be in the limelight in the short term.
Moreover, they give their outlook on real estate and metal stocks, and why the market is likely to make a new high, which could be no more than a pyrrhic victory.
Tune in to the Market Unplugged Podcast for more.
As the war between Israel and Palestine rages on, agencies across the globe are calling for a truce between the two arch enemies. Over 200 lives have been lost to the war in Palestine, while over half a dozen people have perished in Israel.
The Israeli security cabinet said that it would vote on Thursday on a proposed unilateral Gaza truce that would go into effect within 24 hours, Israel's public broadcaster Kan said. However, Israeli officials had no immediate comment on the report.
Now the White House has welcomed the report of a ceasefire between Israel and the militant Hamas group that rules the Gaza Strip, but cautioned that a truce has yet to be agreed upon.
In this CNCB-TV18 Special Podcast, former Indian Ambassador to Saudi Arabia, Oman and UAE, Talmiz Ahmad speaks to Parikshit Luthra about the current situation and how the conflict gives Israeli Prime Minister Benjamin Netanyahu a political advantage.
Tune in to this special podcast to know more.
Moglix joined the growing unicorn club this week. What does it take to build a unicorn? We chat with founder and CEO Rahul Garg on the startup's journey, which started with seed funding from none other than Ratan Tata, the scale achieved in the last 7 years, and what the pandemic year has taught him.
In the middle of a raging pandemic, people may be focusing more on their needs, but their wants and desires remain unbroken.
This poetic observation comes, unsurprisingly, from the head of India's largest selling luxury car maker. It is unsurprising because selling a product of indulgence in these times requires careful understanding of not just the market, but also of customer sentiment.
Martin Schwenk, MD & CEO of Mercedes Benz India joins CNBC-TV18's Alisha Sachdev in this episode of Smooth Ride, which decodes the reason behind sustained demand for luxury cars in the market vis-a-vis a personal-mobility led recovery in mass market passenger vehicles, how the brand looks to appeal to younger customers, and why the luxury car market remains a disproportionately small segment of India's passenger car market.
Martin explains why a strong product is key to demand, and what is keeping luxury car volumes from exploding in the country.
Rising inflation in the US sparked a sell-off in equity markets across the globe, including the US.
In this edition of the Market Unplugged podcast, CNBC-TV18 National News Editor Prashant Nair talks about
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Historical trends in the link between inflation and stock market performance in the US
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Factors driving the outperformance in midcap stocks
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Why the rally in metal stocks is likely to continue for some more time
and
- Whether defensive stocks will find takers, given expensive valuations, if the the overall market outlook darkens
The auto sector started witnessing a slowdown in the fag-end of 2019 and things didn't improve the following year with the outbreak of the coronavirus pandemic. Come 2021 and the second wave has again hit India in an unprecedented way and automakers are again finding it difficult to hold ground as most consumers are refraining from spending on luxuries.
To find out what lies ahead for the auto industry, the trends in mobility, the year gone by, exits and entries of auto majors and more, CNBC-TV18's Alisha Sachdev gets in conversation with Rajeev Singh, Partner, Automotive Sector at Deloitte India in the first episode of the Smooth Ride Podcast series.
They discuss all about what transpired in the recent past and how the sector is coping in these difficult times.
Tune in to the Smooth Ride Podcast for more.
Tamil Nadu Chief Minister MK Stalin's decision to dole out Rs 4,000 per BPL family affected by COVID-19 in the state, may have won plaudits, but it could come at a price. "While Stalin may have made good on a poll promise, the decision alone is expected to cost the state exchequer approximately Rs 8,300 crore," says political analyst Sumanth Raman.
After Stalin took oath of office as chief minister on Friday, the newly-elected government began ringing in changes to governance in the state. Aside of allotting Rs 4,000 per BPL family affected by coronavirus, the government extended state-sponsored health insurance coverage to all individuals enrolled in the insurance scheme receiving COVID treatment in private hospitals.
Stalin also made good on a poll promise to cut the price of milk sold at state dairy cooperative Aavin by Rs 3 and promised free bus travel to working women and girl students. The newly-elected government also spent its first day at work shuffling the state's bureaucracy. Tamil Nadu now has a new chief secretary in Dr Irai Anbu, while Chennai's new police commissioner is Shankar Jiwal.
In the latest Poll Pundit Podcast, CNBC-TV18's Jude Sannith speaks to political observer Sumanth Raman on the newly-elected Tamil Nadu government's latest welfare measures, its bureaucratic overhaul and the ideological and leadership plan for the DMK and AIADMK in a new political era.
Tune in to the Poll Pundit Podcast for more.
Steel stocks appear overbought on technical charts, says Prashant Nair, National News Editor, CNBC-TV18 in this edition of Markets Unplugged, the weekly podcast on the stock market.
Nair mentions the factors driving interest in steel stocks and analyses why Tata Steel has been outperforming other steel stocks.
He also talks about the two vaccine plays in the pharma sector and why investors are still bullish on the sector, besides the global picture in the context of inflation fears in the US economy.
Voters in West Bengal give a third term to Mamata Banerjee as the TMC registers a historic win on May 2. CNBC-TV18's Avishek Datta Roy gets in conversation with Political Science Professor Sreeparna Dasgupta to find out why BJP's 'polarisation campaign' did not strike a chord with a majority of the voters.
Dasgupta also points out that the consolidation of Muslim votes favoured the Trinamool Congress.
Tune in to the Poll Pundit Podcast to find out all about the 2021 West Bengal Assembly Election results.
Even as counting continues in numerous seats in southern Indian states where assembly elections were held last month, CNBC-TV18's Jude Sannith spoke to lawyer, columnist and former television journalist Sanjay Pinto to find out all about election results from Tamil Nadu, Kerala and Puducherry.
MK Stalin is set to become the chief minister of Tamil Nadu following a resounding win in the southern state. The DMK president thanked the people of Tamil Nadu for voting his party to power as the DMK was leading in 150-160 seats, while the AIADMK + BJP were ahead in over 80 seats. While there is a close battle underway in Coimbatore, Kamal Haasan was leading in the constituency as of 8.30 pm, by a slender margin of 979 votes.
In Kerala, Chief Minister Pinarayi Vijayan's leadership helped the LDF trounce the Congress-led UDF. Vijayan's decades-long political acumen came to the fore as he managed to trounce UDF in the keenly fought April 6 assembly polls. A combination of factors contributed to LDF's historic victory, including delivery of a string of populist measures like distribution of free food grains and provision kits, and better management of the COVID-19 situation thanks to focus on public health, and prompt payout of social security pensions.
In the Union Territory of Puducherry, the NDA managed to win 12 assembly seats and is now set to form government. The AINRC won eight seats in Puducherry and its ally the BJP secured four, while the Congress-led Secular Democratic Alliance (SDA) emerged victorious in three constituencies as the counting continued for the votes polled in the April 6 elections. As the results for 14 out of 30 assembly seats were declared, the AINRC bagged eight, BJP three, DMK one and Congress two.
Tune in to the Poll Pundit podcast to know all about the 2021 assembly election results in Tamil Nadu, Kerala and Puducherry.
In the first episode of CNBC-TV18.com's Market Unplugged Podcast, Editor Santosh Nair chats with CNBC-TV18 National News Editor Prashant Nair on what is keeping the market firm despite the mayhem being unleashed by the second wave of COVID.
Anecdotal evidence suggests that insurance companies have been among the big buyers even as mutual funds and foreign institutional investors have turned cautious.
In this podcast, Prashant posits on why banking stocks continue to find takers despite the sector being most vulnerable to a slowdown in the economy, and why metal and pharma stocks are likely to be in limelight near term.
Tune into the Market Unplugged podcast for more.
Exit polls for the Tamil Nadu Assembly elections have predicted a massive win for the DMK and former editor-in-chief of The Hindu didn’t mince his words and said: "The AIADMK performed poorly because its junior partner, the BJP called the shots."
The revered journalist and author spoke to CNCB-TV18's Jude Sannith at length and said, "It was very clear that the DMK was going to win, there was no doubt about it. Tamil Nadu wanted change, and voted for it. TN voted in favour of Stalin, who has worked very hard and will be a strong leader."
So the tide is in favour of the DMK and now all eyes will be set on May 2, when the real winner in the southern state will be announced.
To know more, listen in to the podcast.
The Podcast hosted by CNBC-TV18’s Mridu Bhandari, titled CNBC-TV18 Presents Memory Is At The Heart Of Immersive Gaming Experiences Powered By Micron, where Rahul Sandil, Head Of Global Marketing & Product Marketing (CPG), Micron shared his views on ‘The Evolving Technology Around Gaming Experiences’.
Tamil Nadu will witness a fierce battle between arch-rivals Anna Dravida Munnetra Kazhagam (AIADMK) and the Dravida Munnetra Kazhagam (DMK) as the southern state goes to polls on April 6 in a single phase. Campaigning for the assembly elections ended at 7 pm on Sunday and voting will be held on Tuesday across 234 assembly constituencies in 38 districts from 7 am onwards. The fate of the 3,998 candidates contesting in the state will be revealed on May 2, when results will be declared for four states and the union territory on Puducherry. In the first episode of CNBC-TV18's Poll Pundit podcast, Jude Sannith gets in conversation with political analyst and commentator Sumanth Raman to find how people in the state will react in an election that will no contest between the deceased stalwarts AIADMK's J Jayalalithaa and DMK's M Karunanidhi.
In this CNBC-TV18 Special Podcast, Mangalam Maloo catches up with music maestro AR Rahman in his studio to discuss music, his inspiration, life beyond music and much more. Rahman reveals how he has managed to tackle grief and what inspires him to come up with the amazing music he does. Tune in to the CNBC-TV18 Special Podcast for more.
In this CNBC-TV18 Special Podcast, Parikshit Luthra gets in conversation with Sean Trende, Senior Election Analyst at Real Clear Politics to find out all about the Election Day and how Americans are voting.
The pandemic has not only impacted businesses but also changed consumer behavior. What does the 'road to recovery' look like now & how can technology assist the process? Hear it from Amazon's Punnet Chandok in 'Future-Proof Your Business'.
Tune in to the 'Future-Proof Your Business' podcast and hear from Intel India's Prakash Mallya on how India can transform into a digitally enabled nation.
With businesses still in catch-up mode in these unprecedented times, meeting customer demands could be challenging. How can we adapt to this new normal & thrive? Hear it from Wipro's Kiran Desai in 'Future-Proof Your Business'.
CNBC-TV’s Archana Shukla is in conversation with Dr Srinath Reddy, a member of the ICMR task force formed to battle the coronavirus pandemic in India to find out what the future has in store.
Host Jerome Anthony discusses the YES Bank saga with banking expert Ritu Singh and talk about what the common man should do to ensure that their money is safe in case their bank collapses.
In this CNBC-TV18 Special Podcast, Associate Editor Archana Shukla tells Jerome Anthony how one can take precautions to beat coronavirus. She answers a series of questions that have been playing on everyone’s minds since strains of the virus have been detected in India.