The January trade deficit at $16.3 billion was sharply higher than the $15 billion reported in the previous month. This indicates that India’s trade deficit in the next fiscal year could be closer to the $200 billion mark for the full year. The markets Read more [...]

In the aftermath of the Nirav Modi fiasco and the PNB fraud case, both banking stocks and diamond stocks came under a lot of pressure in the markets. The panic spread to companies like other diamond jewellers like Gitanjali Gems, which was locked in lower Read more [...]