Podcasts about irctc

In this episode of IPS Finance, we analyze why the textile sector is under pressure and whether the Bangladesh trade deal is the key reason behind the decline. The discussion also explains why IRCTC was removed from the MSCI Index and what it means for investors. A clear breakdown of the causes, market impact, and important takeaways for making informed investment decisions.

न जाने कितनी ही बॉलीवुड फिल्मों के क्लाइमेक्स सीन और न जाने कितने ही भारतीयों के आम जीवन का हिस्सा रही है यह रेल. भारतीय मिडिल क्लास की यादों का एक बड़ा हिस्सा रेलवे से जुड़ा है. लेकिन रेलवे की यात्राओं को रोमांटिसाइज़ करना जितना ज़रूरी है, उतना ही ज़रूरी यह समझना भी है कि रेलवे, कई दूसरी सरकारी संस्थाओं की तरह, अव्यवस्था से अछूता नहीं रहा है. रेलवे के मुताबिक, पिछले पांच सालों में खाने से जुड़ी 19,000 से ज़्यादा शिकायतें दर्ज हुई हैं. 2021–22 में शिकायतें करीब 1,000 थीं, 2023–24 में यह संख्या 7,000 के पार पहुंच गई और 2024–25 में 6,000 से ज्यादा हो गई. ये आंकड़े हालात का अंदाज़ा तो देते हैं, लेकिन हकीकत इससे कहीं ज़्यादा गहरी है. ‘पढ़ाकू नितिन' के इस एपिसोड में हमारे साथ एक ऐसे व्लॉगर हैं, जो इसी हकीकत को लगातार सामने लाते रहते हैं. वे ट्रेनों में सफर करते हैं, छोटी हो या लंबी दूरी, हर यात्रा में. जहां 14 रुपये की पानी की बोतल 20 में बेची जाती है, वहां सवाल उठाते हैं. महंगा खाना बेचा जाता है, तो शिकायत दर्ज कराते हैं. इस दौरान होने वाली झड़पों को भी वे बेहद सहजता से संभालते हैं. इनका नाम है शाहनवाज़. सोशल मीडिया पर ये “पीटर क्लिप्स” के नाम से मशहूर हैं. आपने इनकी रील्स और वीडियो ज़रूर देखी होंगी. आज देखिए इनका पहला पॉडकास्ट, जहां हमने रेलवे में भ्रष्टाचार, यात्रियों की परेशानियों और उनकी आंखों देखी अव्यवस्थाओं पर खुलकर बातचीत की है. प्रड्यूसर : मानव देव रावत साउंड मिक्सिंग: अमन पाल

दिल्ली विधानसभा का शीतकालीन सत्र आज से शुरू, मुस्तफिज़ुर रहमान को हटाने पर शशि थरूर ने क्या कहा, उमर खालिद-शरजील इमाम की जमानत पर आज फैसला आएगा, IRCTC होटल घोटाले में लालू प्रसाद यादव की याचिका पर सुनवाई, इंदौर में दूषित पानी से 20 और लोग बीमार, पहाड़ों में बर्फबारी से मैदानी राज्यों में शीतलहर और घना कोहरा, डोनाल्ड ट्रंप ने भारत पर रूस से तेल खरीद घटाने का दावा किया और वेनेजुएला पर बोलते हुए ट्रंप ने अंतरिम राष्ट्रपति डेल्सी रोड्रिगेज को चेतावनी दी, सिर्फ़ 5 मिनट में सुनिए सुबह 10 बजे तक की बड़ी ख़बरें.

उमर खालिद-शरजील इमाम की ज़मानत पर सुप्रीम कोर्ट का फ़ैसला, दिल्ली विधानसभा के शीतकालीन सत्र का पहले दिन, IRCTC घोटाले में लालू यादव की याचिका पर सुनवाई, अमृतसर में AAP सरपंच की गोली मारकर हत्या, संगीत सोम को मिली जान से मारने की धमकी, अमेरिकी सीनेटर ने भी भारत पर रूस से तेल खरीद घटाने का दावा किया, वेनेज़ुएला पर अमेरिकी हमले में 32 नागरिकों की मौत, कनाडा ने वेनेज़ुएला में शांतिपूर्ण सत्ता परिवर्तन का समर्थन दोहराया और खामेनेई के पास देश छोड़ने का ‘प्लान बी' तैयार, सिर्फ़ 5 मिनट में सुनिए दोपहर 1 बजे तक की बड़ी ख़बरें

In this episode of Imperfect Show Finance, stock market expert V. Nagappan explores the next big opportunity in the commodities space. If you missed the rally in gold and silver, could copper be the next metal to deliver strong returns? The discussion explains the demand drivers behind copper, including infrastructure growth and the energy transition, and what investors should watch before taking exposure. The episode also analyzes the impact of a possible railway fare hike, examining whether stocks like IRCTC, RVNL, and RailTel could benefit from higher revenues and improved margins. By linking commodity trends with sector-specific developments, this video offers practical insights to help investors identify emerging opportunities and manage risk effectively.

Markets are set for a quiet start as the GIFT Nifty signals a flat open. Shares extended gains for three straight sessions and midcaps hit a fresh record high on Wednesday. Asian markets trade mostly higher, while US futures edge higher as the US House passes a bill to end the historic shutdown. Overnight, Wall Street saw a sharp divergence with the Dow closing at a record high even as tech stocks lagged. Lots of stocks in focus - Tata Steel's strong Q2 and Prestige Estates' robust performance to earnings from Data Patterns, Cochin Shipyard, IRCTC, and more. Also on the radar: A likely block deal in Ather Energy. In our voice of the day segment, Sandeep Bagla of Trust Mutual funds shares why he thinks consumer staples will continue to face headwinds going forward. Tune in for all this and more in today's Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.

BJP और JDU ने बिहार विधानसभा चुनाव से पहले बगावत पर सख्त रुख अपनाते हुए अपने-अपने बागी नेताओं को पार्टी से निकाला, वाणिज्य मंत्री पीयूष गोयल भारत-ईयू मुक्त व्यापार समझौते पर ब्रसेल्स में बातचीत करेंगे, मुंबई में अमित शाह आज से ‘भारत समुद्री सप्ताह 2025' की शुरुआत करेंगे, मध्य प्रदेश में वोटर लिस्ट अपडेट के लिए चुनाव आयोग जल्द SIR प्रक्रिया शुरू करेगा, सुप्रीम कोर्ट में आज दिल्ली दंगा केस के आरोपियों उमर खालिद और शरजील इमाम की जमानत याचिकाओं पर सुनवाई, आज से रोजाना IRCTC घोटाले की सुनवाई होगी, अंतरराष्ट्रीय स्तर पर अमेरिका-चीन के बीच व्यापार समझौते का खाका तैयार, इसराइल ने ग़ज़ा में बंधकों के शवों की खोज के लिए अनुमति दी और बारिश के कारण भारत-बांग्लादेश महिला वर्ल्ड कप मैच हुआ रद्द. सिर्फ 5 मिनट में सुनिए सुबह 10 बजे तक की बड़ी ख़बरें.

BJP Losing Bihar? | Lalu Going Back to Jail in IRCTC Scam? | Yogi X-factor | VN Bhatt, Sanjay Dixit

लद्दाख में छात्रों का हिंसक प्रदर्शन, जम्मू-कश्मीर की चार खाली राज्यसभा सीटों पर 24 अक्टूबर को चुनाव, IRCTC घोटाले में लालू यादव और परिवार पर 13 अक्टूबर को फैसला, दिल्ली हाईकोर्ट ने तिहाड़ जेल में बने कब्रों को हटाने वाली याचिका खारिज की, AIMIM प्रमुख ओवैसी ने बिहार चुनाव में तेजस्वी यादव के साथ गठबंधन की संभावना जताई, दिल्ली के शारदा इंस्टिट्यूट में छात्राओं के यौन उत्पीड़न मामले में आरोपी बाबा की तलाश जारी, झारखंड में JJMP नक्सली एनकाउंटर में ढेर, WHO ने ट्रंप के पैरासिटामॉल वाले दावे को किया खारिज, तुर्की के अर्दोआन ने फिर उठाया कश्मीर मुद्दा, ICC ने अमेरिका की सदस्यता निलंबित की और वेस्टइंडीज सीरीज के लिए आज हो सकता है भारतीय टेस्ट टीम का ऐलान, सिर्फ 5 मिनट में सुनिए शाम 4 बजे तक की बड़ी ख़बरें.

Welcome to Top of the Morning by Mint.. I'm Nelson John and here are today's top stories.  India's Supreme Court delivered a crushing victory for the Ambani family, declaring their massive Vantara zoo legally untouchable and slamming the door on future complaints. The 3,500-acre facility housing 2,000 species survived allegations of smuggling and money laundering after a thorough investigation. Meanwhile, India-US trade talks resumed with Washington's chief negotiator flying to New Delhi. After the US slapped brutal 50% tariffs on India over Russian oil purchases, both sides are pushing for a deal by fall 2025. The stakes are high - India's been cozying up to China while these talks stalled. Domestically, railways announced that starting October 1, only Aadhaar-verified users can book tickets during the crucial first 15 minutes online. Out of 130 million IRCTC users, only 12 million are verified - meaning 118 million need to authenticate or wait. Nature struck Uttarakhand as cloudbursts swallowed the ancient Tapkeshwar temple in Dehradun. No lives lost, but it's part of escalating Himalayan disasters that killed 200+ in 2021's Chamoli catastrophe. Globally, Gaza burns under relentless bombing just after US Secretary Rubio's Jerusalem visit backing Israel's assault. At least 16 Palestinians died as America signals no immediate ceasefire push. Learn more about your ad choices. Visit megaphone.fm/adchoices

संसद में बिहार वोटर लिस्ट वेरिफिकेशन मामले पर प्रदर्शन, NDA संसदीय दल की बैठक, प्रधानमंत्री नरेंद्र मोदी कल करेंगे सेंट्रल विस्टा की नई बिल्डिंग का उद्घाटन, IRCTC घोटाला मामले में फैसला 7 अगस्त को आएगा, Uniform Civil Code कमेटी ने की मुख्यमंत्री भूपेंद्र पटेल से मुलाकात, दिल्ली में पंजाब और हरियाणा के CM की केंद्रीय जल शक्ति मंत्री सीआर पाटिल से मीटिंग, अनिल अंबानी से ईडी की पूछताछ जारी, अजित डोभाल आने वाले दिनों में रूस दौरे पर जा सकते और पाकिस्तान तहरीक-ए-इंसाफ ने देश भर में विरोध प्रदर्शन, सिर्फ़ 5 में सुनिए दोपहर 1 बजे तक की बड़ी ख़बरें

संसद के मानसून सत्र का आज 12वां दिन, IRCTC होटल घोटाले में आज फैसला सुनाया जाएगा, कुलगाम में जारी सुरक्षाबलों का एंटी-टेरर ऑपरेशन, शिबू सोरेन को दी जाएगी राज्य विधानसभा से अंतिम विदाई, गुरमीत राम रहीम फिर परोल बाहर, फिलीपीन के राष्ट्रपति मिलेंगे पीएम मोदी से, वोलोदिमीर ज़ेलेंस्की का बड़ा दावा और ब्राज़ील के पूर्व राष्ट्रपति होंगे हाउस अरेस्ट, सिर्फ़ 5 मिनट में सुनिए सुबह 10 बजे तक की बड़ी ख़बरें

पीएम ने पाकिस्तान के बारे में क्या कहा, आज से बिहार के दो दिवसीय दौरे पर पीएम मोदी, आम आदमी पार्टी ने साधा दिल्ली सरकार पर निशाना, 23 जुलाई को सुनाया जाएगा IRCTC होटल घोटाले मामले में अंतिम फ़ैसला, कर्नाटक फिल्म चैंबर ने दी कमल हासन को चेतावनी, कनाडा के वेस्टर्न मैनिटोबा के जंगलों लगी भीषण आग, टैरिफ़ पर लगाई फे़डरल ट्रेड कोर्ट ने आरोप और IPL 2025 में आज पंजाब किंग्स का सामना रॉयल चैलेंजर्स बेंगलुरु से. सिर्फ़ 5 मिनट में सुनिए शाम 4 बजे तक की बड़ी ख़बरें

दिल्ली विधानसभा चुनाव से पहले अरविंद केजरीवाल ने आज राजधानी में पुजारी-ग्रंथी योजना लॉन्च की, विदेश मंत्री एस. जयशंकर की कतर यात्रा का आज दूसरा दिन, दिल्ली में क्राइम पर लगाम कसने के लिए पुलिस ने नया कदम उठाया, सरकार ने बिलेटेड इनकम टैक्स रिटर्न फाइल करने की आखिरी तारीख को आज से बढ़ाकर 15 जनवरी किया, IRCTC का वेबसाइट और मोबाइल ऐप आज फिर से डाउन और भारतीय क्रिकेट टीम के उपकप्तान जसप्रीत बुमराह और ऑलराउंडर नीतीश कुमार रेड्डी का नाम मेलबर्न क्रिकेट ग्राउंड के ऑनर बोर्ड पर दर्ज किया गया. सुनिए शाम 4 बजे तक की बड़ी खबरें सिर्फ 5 मिनट में.

ICC ने जारी किया चैंपियंस ट्रॉफी 2025 का शेड्यूल, हैदराबाद थिएटर भगदड़ मामले में अभिनेता अल्लू अर्जुन से पूछताछ, चुनाव नियमों में बदलाव को सुप्रीम कोर्ट में चुनौती, यात्रियों को हर्जाना देने वाली योजना IRCTC ने बंद की, दिल्ली-NCR में GRAP-4 खत्म, विनोद कांबली को जल्द ही अस्पताल से मिलेगी छुट्टी, खेल रत्न विवाद पर सामने आई मनु भाकर की प्रतिक्रिया, हिमाचल में तीन राष्ट्रीय राजमार्ग समेत, 177 सड़कें बर्फबारी से बंद और तुर्की में में हथियार बनाने वाली फैक्ट्री में धमाका, सिर्फ 5 मिनट में सुनिए शाम 7 बजे तक की बड़ी ख़बरें.

संसद परिसर में पीएम नरेंद्र मोदी और गौतम अडाणी का मुखौटा पहने सांसदों ने किया प्रदर्शन, राजस्थान और हरियाणा के दौरे पर पीएम मोदी, राहुल नार्वेकर को चुना गया महाराष्ट्र विधानसभा का निर्विरोध अध्यक्ष, IRCTC की वेबसाइट अगले एक घंटे के लिए ठप, जेवर में बन रहे इंटरनेशनल एयरपोर्ट पर आज पहली बार फ्लाइट लैंड करेगी और रूस ने सीरिया की स्थिति पर चर्चा करने के लिए यूएन सुरक्षा परिषद की तत्काल बैठक बुलाई. सुनिए दोपहर 1 बजे तक की बड़ी खबरें सिर्फ 5 मिनट में

This isn't your usual Daybreak Friday episode. Considering it's the end of the year, we thought we'd ask the reporters in our newsroom to talk to us about the stories they liked best. This week, we have Rounak Kumar Gunjan and Aakriti Bhalla on the show. They share two of their favourite stories — The first is a fascinating story by Rounak about how a tiny discount caused an uproar inside IRCTC or the Indian Railway Catering and Tourism Corporation. The second is by Aakriti about how Pepsico managed to make Sting the energy drink of India.Tune in. P.S. We want to know how and where you shop. When was the last time you went to a shopping mall? What did you buy? Write to us on WhatsApp. Our number is 8971108379Curious about the story Rounak mentioned on the show? Check it out here.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.Listen to the latest episode of Two by Two here

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of November 5 -Yesterday, the Nifty 50 ended sharply lower on the back of US poll uncertainty and a poor second quarter results show. The index even broke below the October consolidation low of 24,073 and even closed below the mark of 24,000. -Majority of the losses came from banking names that were the top contributors to the downside, along with Reliance Industries. 40% of the 309-point drop that the Nifty saw on Monday came from HDFC Bank, ICICI Bank, Reliance Industries and Axis Bank. -With Monday's fall, the Nifty is down nearly 9% from its record high of 26,277, which it had hit on September 27. The overall session led to an erosion of ₹6.5 lakh crore in investor wealth. -However, this morning, the GIFT Nifty was trading at discount of nearly 50 pts from Nifty Futures Monday close, indicating a start in the red for the Indian market. -During Tuesday's trading session, which will also be the weekly expiry for the Financial Services index, stocks like ABB India, Bata India, Gland Pharma, IRCTC, JK Paper, KEC International, P&G Health, Raymond and Amara Raja will be reacting to their results that were reported after market hours on Monday. -Dr. Reddy's and Titan are the two Nifty names reporting results during Tuesday's trading session, along with a host of broader market names like GAIL, Berger Paints, Mankind Pharma, JK Tyre, Manappuram Finance, eClerx Services and CCL Products. -Asian equities were set for a mixed day amid increasing risk-off sentiment, as the clock ticked down to a tight US presidential election and the Federal Reserve rate decision. -In the run-up to Tuesday's vote, equity traders decided to stay on the sidelines as a flurry of polls showed Americans remained narrowly split between Donald Trump and Kamala Harris. The likelihood of a disputed result may eventually drag the vote count out for weeks or even months. For many, that means one thing — a potential rise in volatility. -Overnight, the US markets ended lower to start the new week on a risk-off note as uncertainties over the US Presidential Election outcome and the Fed rate decision kept investors on the edge. The Dow Jones fell over 250 points, recovering from the lows of the day as at one point, the index was down over 400 points. The S&P 500 and Nasdaq Composite swung between gains and losses, eventually ending the session with a 0.3% cut each. -Apart from US polls, there are additional catalysts likely to move the market. Election Day will quickly be followed on Thursday by the Fed decision and Jerome Powell's press conference, where he'll give details on the central bank's interest-rate path. A big chunk of US firms are due to report earnings. Tune in to the Marketbuzz Podcast for more news and cues

For many in the Indian Railway Catering and Tourism Corporation (IRCTC), this year's Union Budget announcement was a damp squib.On 23 July, several officials from the ticketing-and-catering arm of Indian Railways waited for over an hour, with the collective hope that Finance Minister Nirmala Sitharaman would quash the discounts on UPI payments. The reason behind their discontent is that the discount has cost IRCTC an arm and a leg. The company has lost Rs 40 crore in revenue. But despite all of the pushback, this year's Budget did not mention revoking the mandate anywhere. So, what's going on? And why isn't the government backing down?Tune in to find out. P.S. The Ken podcast team is looking for a talented podcast producer and an audio journalist. If you fit the bill or know someone who does, please apply! 

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of August 13 -On Monday, while the dip got bought into, similar to what the trend has been over the last few sessions, the Nifty could not sustain at higher levels as the recovery got sold into. The market remained fairly resilient to any potential concerns arising from the latest report from US-based short-seller Hindenburg Research. -Tuesday's session will see a lot of stock specific moves, particularly HDFC Bank, that may determine the trajectory of the Nifty during the session. India's largest lender will see an increase in weightage in the MSCI Global Standard Index but in two tranches. Nuvama Alternative is anticipating inflows worth $1.8 billion in the first adjustment that will take place on August 30. -Tuesday's session will see more PSU earnings reactions like Hindustan Copper, RCF, IRFC, HUDCO, along with other names like Vodafone Idea, Camlin Fine Sciences, Ami Organics, Campus Activewear, DOMS Industries, ITI etc. -Three Nifty stocks - Hero MotoCorp, Apollo Hospitals and Hindalco report results on Tuesday, along with broader market names like Emcure Pharma, Dish TV, Dilip Buildcon, IRCTC, Muthoot Finance, Piramal Enterprises, HEG, among others. -Other than that, shares of state-run Rail Vikas Nigam Ltd. will be included in the MSCI India Index, which is part of the MSCI Global Standard Index as part of its latest reshuffle. Six other stocks besides RVNL, namely Vodafone Idea, Dixon Technologies, Oil India, Prestige Estates, Oracle Financial and Zydus Lifesciences have also found a place in the MSCI India Index as part of the latest rejig. Bandhan Bank is the only Indian stock that will be excluded from the index. -Asian stocks rose this morning, fully recovering their losses from last week's rout, bolstered by an advance in Japanese shares. Japan's equities rose after a holiday, as a weaker yen supported exporters. MSCI's Asia-Pacific gauge rose as much as 1% to erase losses from last week's tumble. The S&P 500 closed little changed ahead of US inflation data later Tuesday and Wednesday. Treasuries held Monday's gains. -Oil remained near the $80 level it hit on Monday, as the US sees an Iranian attack against Israel as increasingly likely. Israel's sovereign debt was cut by one notch by Fitch Ratings, which kept a negative outlook on the credit as continued military conflict weighs on the country's public finances. Tune in to the Marketbuzz Podcast for more cues

Marketbuzz Podcast: Indian markets may see a gap down start according to the GIFT Nifty. Watch out for stocks like Aditya Birla Fashion, IRCTC, NBCC and more.

No other payment aggregator has been able to pull off what Phonepe has in less than a year. Its nearly 50 per cent market share is obviously a huge draw for new merchants. And in the last couple years, its been able to onboard some pretty big names like Bharti Airtel and IRCTC. But the bigger the client, the more ruthless their demands. At the end of the day, they are only loyal to the aggregator that promises them the lowest prices and highest success rates. So how does PhonePe make sure that it stays on top? And where does that leave everyone else? Tune in.Correction: The host mistakenly referred to NPCI as NCPI towards the end of this episode. We apologise for the error.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.P.S. Daybreak episodes drop daily now :)

Introducing Prime's special series on ‘Fintech in India - Past, Present and the Future'. This is the 1st episode titled ‘India Fintech 1.0 -  Pre Aadhaar & Smartphones' in a 3 part series.In this special series of episodes, Sanjay Swamy, our Managing Partner speaks with industry stalwarts Srikanth Rajagopalan and Anshul Rai. Srikanth is currently the CEO of Perfios Account Aggregation (AA), an off-shoot from the Perfios legacy. Anshul is the Co-Founder and ex CEO of Happay, his claim to fame is Happay's celebrated exit to CRED for $180M. Watch this episode to learn firsthand experience from 2 of India's first mobile payments entrepreneurs Sanjay (mChek) and Shrikant (ngpay). They share memorable anecdotes and valuable lessons on frugal innovation such as how IRCTC and Telcos helped solve distribution at scale. This episode ends as a great segue to the 2nd generation of Fintech in India that will be highlighted in episode 2, stay tuned! Enjoyed the podcast? Please consider leaving a review on Apple Podcasts and subscribe wherever you are listening to this.Follow Prime Venture Partners:LinkedIn: https://www.linkedin.com/company/primevp/ Twitter: https://twitter.com/Primevp_in This podcast is for you. Do let us know what you like about the podcast, what you don't like, the guests you'd like to have on the podcast and the topics you'd like us to cover in future episodes.Please share your feedback here: https://primevp.in/podcastfeedback 

Beyond the nostalgia associated with meals on trains, quite often, there are also horror stories. In fact, even a recent Parliament Panel report pointed out how food quality on Indian trains is compromised. The IRCTC (The Indian Railways Catering and Tourism Corporation) has been trying to figure out how to make food a more enjoyable experience on trains and more importantly, a solid source of revenue. A decade ago, IRCTC launched its e-catering services. It now has a network of nearly 500 restaurant partners and close to 20 food aggregators. Catering makes up for more than 40% of IRCTC's revenue every year. And its seems it will only go up because in the last few months, IRCTC has also tied up with two of the country's food delivery giants, Zomato and Swiggy.But while IRCTC has big dreams of catering to the 20 million passengers who take the train everyday, delivering food on trains is a logistical nightmare.Tune in.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are all the important cues ahead of March 6 trading session - The Gift Nifty indicated a gap down start for the domestic market as of 7:30. -The last three trading sessions have seen the Nifty continue to trade in a narrow range and remain in consolidation mode. Since the rally on Friday, the index has not exhibited any signs of moving higher towards 22,500 or slipping from their record highs. For now, Nifty seems to be consolidating above 22300. - NBFCs or non-bank lenders continue to be a key focus. After IIFL Finance, now Reserve Bank of India (RBI) has barred JM Financial Products from financing against shares and debentures. Therefore, NBFCs could continue to be under pressure on sentiment overhang.  - Both foreign and domestic investors bought in cash. While DIIs bought ₹1,834 crore, FIIs bought ₹574 crore in the cash market.  -Asia-Pacific markets fell across the board this morning, mirroring a tech slide on Wall Street overnight led by Apple. Apple shares slipped almost 3% in U.S. trading after a report from Counterpoint Research found iPhone sales plunged in China in the first six weeks of 2024. Investors monitored shares of Apple suppliers in Taiwan and South Korea. -Hong Kong's Hang Seng index rebounded from Tuesday's losses to rise 0.26%, while China's CSI 300 index was down 0.18%. Japan's Nikkei 225 dipped 0.37%, falling below the 40,000 mark, while the broad-based Topix edged 0.1% higher.  -U.S. stocks slipped for a second session Tuesday, dragged by steep declines in major tech names such as Apple. The indexes slipped from record high territory. The Nasdaq Composite fell 1.65% as technology stocks fell the most. The Dow Jones Industrial Average lost 1.04% while the S&P 500 fell 1.02%. Meanwhile, the U.S. jobs data is due later this week. -In cryptocurrencies, bitcoin was slightly up but stayed below a record high reached in a volatile overnight session. -Oil has fallen nearly 1% to near $82 per barrel whereas Gold has hit fresh highs amid the risk-off environment.  -Stocks to track: Zomato, JM Financial, Samvardhana Motherson, Havells India, REC Board, Bharti Airtel, Coal India, Wipro, Indiabulls Real Estate, JSW Energy, NHPC and IRCTC.

Welcome to A Century of Stories presented by IDFC FIRST Bank!This week, Kunal Vijayakar takes us on a ride through the illustrious history and remarkable evolution of the Indian Railways. From its inception in the early 1800s to the modernization efforts and technological advancements of today, we delve into significant milestones such as the inaugural passenger journey in 1853, innovations such as air-conditioned trains and online ticketing via IRCTC, and the introduction of the semi high-speed Vande Bharat Express trains.The Indian Railways play a pivotal role in connecting the nation's diverse landscape and fostering economic development. This episode celebrates the Indian Railways as a symbol of progress, innovation, and national pride.Tune in for this and much more!New episodes out every Monday!Open IDFC FIRST Bank savings account : https://www.idfcfirstbank.com/personal-banking/accounts/savings-account?utm_source=ig&utm_medium=content&utm_campaign=June&utm_content=COSKnow more about Zero Fee Banking :https://www.idfcfirstbank.com/getmorefromyourbank?utm_source=youtube&utm_medium=centuryofstories&utm_campaign=cosepi1&utm_term=Aug23Follow ‘A Century of Stories' official Instagram handle at @acenturyofstoriesSubscribe to A Century of Stories YT channelListen to A Century of Stories across Audio PlatformsApple Podcasts | Spotify | Google Podcasts | Gaana | Amazon Music | Jio SaavnFollow our host Kunal on Instagram at @kunalvijayakarAnd don't forget to rate us!Data Sources:[https://artsandculture.google.com/story/a-history-of-indian-railways-national-rail-museum/cAVh7RwiKiTtKg?hl=en][https://www.orientrailjourneys.com/blog/history-of-indian-railways][https://www.pw.live/exams/railway/history-of-railways-in-india/][https://en.wikipedia.org/wiki/Indian_Railways]See omnystudio.com/listener for privacy information.

In this episode of Market Minutes, Lovisha Darad discusses about key factors that will shape market direction on February 23. After Nifty hit an all-time high of 22,252 on February 22, is the benchmark poised to claim another record high despite higher volatility? Some of the top stocks to watch in trade are Vodafone Idea, IRCTC, Bajaj Auto, and Bandhan Bank. Also, catch Dnyanada Vaidya of Axis Securities on Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

Hello and welcome to CNBC-TV18's daily markets podcast. Here's a snapshot of all that you need to know before the February 15 trading action -In the previous session, the Indian market defied the negative cues from global peers and made a smart recovery during intra-day trading to settle at day's high led by gains in State Bank of India, Bank of Baroda, and other PSU banks. At close, the BSE Sensex rose 267 to settle at 71,822.83 and the Nifty50 gained 96 points to end at 21,840. - Foreign institutional investors (FIIs) net sold shares worth Rs 3,929.60 crore, while domestic institutional investors (DIIs) purchased Rs 2,897.98 crore worth of stocks on February 14, provisional data from the NSE showed. -Will Nifty 50 retest the 22000 or 22100 levels? Analysts say with the third quarter earnings season almost over, the focus will now shift to global cues and economic data points. And that the market may see a gradual up move on the back of strong fundamentals. - Overnight in the US, all three major indexes regained some ground after the sell-off on February 13, following hotter-than-anticipated inflation reading. The S&P 500 advanced almost a percent while the Nasdaq Composite climbed more than a percent. The Dow Jones  was up 0.4%. -In morning trade, Asian markets rebounded after mostly falling in the previous session. This is even as GDP numbers from Japan showed that Asia's second-largest economy had entered a technical recession. -All eyes will be on US retail sales data, jobless claims and industrial production data that will be released in the evening -Stocks to track: Utkarsh Small Finance Bank, Hindustan Unilever, IRCTC, Paytm, M&M, Muthoot Finance, Gland Pharma, Glenmark Pharma and Sun TV. -Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 80 points or 0.37 percent. The Nifty futures were trading around the 21,993 level. -Results: EPACK Durable and R Systems International -Nifty's weekly options expiry is also due today. Tune in to the Marketbuzz Podcast fore more cues

Hello and welcome to CNBC-TV18's daily markets podcast. Here's a snapshot of all that you need to know before the February 14 trading action - US inflation data came out higher than expected. US CPI data rose by 0.3% on a monthly basis, while on an annual basis it was up 3.1%. Core prices, which exclude volatile food and energy components, rose 0.4% month over month and 3.9% from a year ago. Core CPI was expected to have increased 0.3% in January and 3.7% from a year earlier, respectively. - Overnight in the US, the hotter-than-expected inflation data saw all three major indexes lose ground, with the Dow Jones Industrial Average falling 1.35%, clocking its worst session since March 2023 on a percentage basis. The S&P 500 slid 1.37%, while the Nasdaq Composite fell 1.8% to settle at 15,655.60. - Asia-Pacific markets tracked Wall Street losses. Hong Kong's Hang Seng index led losses in Asia, plunging 1.7% at the open as the city returns to trade after the Lunar New Year holiday. Japan's Nikkei 225 retreated from 34-year highs, falling 0.78%, while the Topix saw a larger loss of 1.21% - Oil held a seven-day run of gains as traders digested contrasting outlooks from OPEC and the IEA, as well as a mixed US stockpiles report. - Brent was near $83. Although OPEC's top official said global oil demand is set to grow strongly, the Paris-based International Energy Agency flagged comfortable markets this year. - The domestic stock market in the previous session closed at day's high amid volatility, regaining half of Monday's losses. The Nifty50 index held onto 21,700. The midcap index also recovered sharply, gaining about 1,000 points from lows. The Sensex rose 482.70 points or 0.68% at 71,555.19, and the Nifty gained 127.30 points or 0.59% at 21,743.30. - The Nifty Bank index also shed previous session losses and settled 1.38% higher at 45,502.40. The PSU sector has bounced back after witnessing profit booking over the last few trading sessions. - Meanwhile, foreign investors were net buyers, buying ₹376 crore, in the cash market on February 13, while domestic investors also bought ₹274 crore in equities. - Adani Group companies, IRCTC, Zee Ent, Nalco, Oil India, Deepak Nitrite, BPCL,  Bharat Electronics - Gift Nifty was trading in the negative territory this morning indicating a start below 21700 level for Nifty. Tune in to the Marketbuzz Podcast for more cues

Hello and welcome to CNBC-TV18's daily markets podcast. Here's a snapshot of all that you need to know before the February 13 trading action -The domestic stock market failed to hold opening gains on February 12, weighed down by broad-based profit booking. Small- and mid-caps extended their slide on rising concerns over high valuations. The NSE Nifty 50 index settled 0.76% or 166.45 points lower at 21,616.05, while the S&P BSE Sensex closed 0.73% or over 500 points lower at 71,072.49. -Foreign institutional investors (FIIs) net bought shares worth ₹126.60 crore, while domestic institutional investors (DIIs) purchased ₹1,711.75 crore worth of stocks on February 12, provisional data from the NSE showed. -Following the February 2024 quarterly review, NMDC, GMR Airports, Union Bank, BHEL and Punjab National Bank have entered the MSCI Global Standard Index. Apart from the new additions, the index provider has also increased the weights of Zomato, DLF, MRF, Hindalco, Interglobe Aviation, Dr Reddy's, Hero Motocorp, HDFC AMC, Lupin, Astral, One97 Communications and Bandhan Bank. - On Wall Street, the S&P 500 ended down slightly after hitting a fresh intraday record high. The MSCI world stock index was flat after touching its highest level since January 2022. -US' January consumer price index report is due later today, while the U.S. producer prices report is due later in the week. Investors are also eager to see Thursday's U.S. retail sales report for January. -The Asia-Pacific markets mostly rose this morning as more markets return to trade from the Lunar New Year holiday, including South Korea and Singapore. Japan's Nikkei 225 rose 1.82% on its open, crossing the 37,000 mark. Should the Nikkei sustain its gains and close above this mark, it will reach a 34-year high. Markets in China are closed for the week, due to the Lunar New Year holiday. Hong Kong is closed Tuesday, but is set to resume trading Wednesday. - Bitcoin has hit the $50,000 level for the first time in more than two years as the world's largest cryptocurrency was buoyed by expectations of interest rate cuts later this year and last month's regulatory nod for U.S. exchange-traded funds designed to track its price. -Results: Eicher Motors, Hindalco Industries, Siemens, Zee Entertainment Enterprises, IRCTC, Bharat Heavy Electricals, Bosch, National Aluminium Company, Gujarat Gas, Indiabulls Real Estate, Innova Captab, INOX India, Oil India, and Sula Vineyards among others. -Stocks to track: Coal India, JSW Energy, Steel Authority of India, Hindalco - Gift Nifty was trading 0.1% percent lower at 21,728 at around 7:30 am, indicating a flat start of the domestic market. Tune in to the Marketbuzz Podcast for more cues

The prime minister will be inaugurating the newly constructed Ram Temple in Ayodhya, Uttar Pradesh today. It's quite the event. In fact, PVR INOX, has even collaborated with a news channel to broadcast the ceremony live in more than 150+ cinemas in more than 70 cities across India. The who's who of business, from Adani, Ambani, Tata, to Bollywood celebrities and sports stars like Tendulkar and Kohli are expected to attend the inauguration.I dont think we have ever seen anything like this before and neither has the stock market.The state govt of Uttar Pradesh has set aside about $10 billion for a decade-long redevelopment plan of the town. Ever since, it's almost like a gold rush amongst investors for stocks in big or small companies associated with Ayodhya. From Taj Hotels and IRCTC to Praveg, a small luxury tent company–some in the stock market believe these companies are in all set to become some of the biggest beneficiaries of this Ayodhya gold rush.But experts are warning investors against this kind of blind faith. According to them, buying into event-related market swings does not make for a sound long-term investment strategy.Tune in.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.   

In this episode of Market Minutes, Harshita talks about the key factors to watch out for today before the domestic equity market open. Markets may react to the US Federal Reserve's move to keep key interest rates unchanged for a third straight time. US policymakers are forecasting three cuts in 2024. IRCTC is in focus as it eyes major expansion in non-railway catering business pan India. NBCC bags a work order worth Rs 1,500 crore from National Cooperative Development Corporation. Catch the global market setup, and also hear from Rajesh Pherwani of Valcreate PMS in the Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

Indian benchmark indices, Sensex and Nifty 50, are likely to start the trading session of November 8 in the green, after ending with minor cuts in the previous session. In morning trade, Brent crude fell around 4.2% or $3.57 in absolute terms to the lowest price since July. It is a positive for the Indian markets because the country is a net importer of crude. Stocks in Asia this morning rose after a rally in Big Tech pushed US stocks to their longest streak of gains in two years, with investors shrugging off the latest attempts from Federal Reserve speakers to tone down Wall Street's optimism. In the domestic market, Bata India, Lupin, Multi Commodity Exchange of India, Pidilite Industries, Power Finance Corporation, Tata Power Company, and United Spirits among others will report their quarterly earnings later in the day. Among other stocks to track are IndiGo, Power Grid, Shree Cement, IRCTC, and Apollo Tyres Tune in to the Marketbuzz Podcast for more cues

The Indian benchmark indices, Sensex and Nifty 50, are poised for a gap-down opening on November 7, following a festive mood in the previous session. On November 6, the domestic market saw a third consecutive day of gains, with Nifty 50 reaching a two-week high. Foreign institutional investors (FIIs) offloaded approximately Rs 549 crore, while domestic institutional investors (DIIs) purchased around Rs 595.7 crore. Asian stocks snapped a three-day winning streak in morning trade, slipping as the bond market's rally paused and investors reined in enthusiasm about a possible peak in global interest rates. In contrast, on Wall Street, the Nasdaq extended its winning streak for a seventh consecutive session, marking its longest such streak since January. However, the gain was modest at 0.3%, indicating a slight loss of momentum. S&P 500 futures and European futures both declined by 0.2%. Oil prices retraced most of their gains from the previous day due to concerns about weak demand in China. Investors are closely monitoring trade data scheduled for later in the day to assess demand from the world's second-largest oil consumer. Key stocks to watch in the domestic market include Nykaa, Gland Pharma, Bajaj Finance, IRCTC, Power Grid, and more. Tune in to the Marketbuzz Podcast for more cues

In this episode of Market Minutes, Sucheta Anchaliya talks about all the important factors to watch today from mid caps, US Consumer price index, IRCTC and NBCC India to global market setup. Also catch Aparna Karnik of DSP Mutual Fund in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends

Join Max, Tony, Hank, Chops, SamMo and Sandy as they bring their ranting A-Game to the ICC World Cup ticketing and scheduling mess that doesn't seem to have an end in sight. The group gets serious wondering whether Hardik is a good captain, until they realise that he's not even the captain any more. They also lament Indian cricket's lack of structure, unlike Australia and England. And they identify the man who may solve India's problems as team director - Ilayaraja. Hehe. Kidding. That would have been an actually coherent choice. Follow us on twitter: 1. Bits and pieces: https://twitter.com/bnp_cricket 2. Max: https://twitter.com/maxdavinci 3. Tony: https://twitter.com/notytony 4. SamMo: https://twitter.com/sleepyhead148 5. Hank: https://twitter.com/mohank 6. SandyJi: https://twitter.com/sandeeplanjewar The shownotes are being rescheduled since the Hyderabad police will not be able to provide adequate security.

In this episode of Market Minutes, Asha Menon talks on optimism in the US stock markets following the debt-ceiling deal and the cautiousness the other markets are still displaying. Meanwhile, Indian Railways' ticketing vertical gives reason to cheer. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends (with inputs from Shivam Shukla)

Thieves in Bihar have dug a tunnel under the rail yard and stolen vintage rail engines and sold them as scrap. Catch the lads as they go after their favourite punching bag, the IRCTC and look at this rather strange beast with gooey-eyed wonder. But it all ends well, because as always they have a fake-solution for all the world's troubles. + Music credit – Simon D'Souza + Slide into our DMs https://www.instagram.com/farfromfact/ Paypal paypal.me/farfromfact

In today's episode for 25th August 2022, we see how IRCTC landed itself in a soup last week.

A recently issued tender floated by the IRCTC seems to indicate its intention to monetise traveller and freight passenger data. While digital rights advocates are alarmed at this news, officials from the online ticketing agency claim that these reports are false. What's the real deal? Tune in!

Led by the IT giants Tata Consultancy Services (TCS) and Infosys, the top listed companies by market capitalisation have reported net increase in employees to their total headcount in FY22, according to analysis from the annual reports. Of them, TCS closed the year ended March with all-time high net addition of 103,546 employees, while Infosys hired 85,000 fresh college graduates, with a net addition of 54,000 employees. IT companies are battling high attrition, fueled by a sharp rise in demand for automation and digitalisation across all industry sectors. The software behemoths are compensating the same with high fresher recruitments. Meanwhile, oil-to-telecom conglomerate Reliance Industries recorded the highest net addition during FY22 with 107,000 employees. In the banking services, HDFC Bank and ICICI Bank added 21,486 employees and 7,094 in the financial year respectively. The hiring outlook is strong too in the near term. According to a teamlease report, the corporates “intent to hire” showed a substantial increase of 7% for the ongoing July-September quarter to 61% and it might hit 70% in the coming quarters largely driven by hiring from tier-2 cities. Now, if we look at most of the listed PSUs, employee headcount has shrunk in FY22. This was the trend observed across sectors. Employment in PSUs is categorised as ‘on-roll' and ‘off-roll'. Managerial staff, supervisory and non-executive employees fall under the on-roll category. Casual and contract workers are classified as ‘off-roll' staff. India's largest state-owned bank State Bank of India headcount was lower at 244,250 in FY22, compared with 245,652 in FY21. Indian Oil Corporation (IOC) too saw its employee strength drop marginally to 31,254. Meanwhile, BPCL employees fell to 8,594 in FY22 from over 9,000 in the previous fiscal. Meanwhile, Coal India and GAIL too saw its employee count drop. Indian Railways' ticketing and tourism arm IRCTC and SBI Life Insurance are the only companies among the top 15 PSUs that have reported an increase in the employee strength in FY22.   According to a report in a national daily, the fall in employee count has been coming down for many years. SBI saw its employee numbers go up when there was a merger with five other small banks in 2017-18. ONGC and NTPC had reported employee increase or hired many years ago. So, what explains this phenomenon and why are PSU companies not hiring or increasing their headcount? [Byte of Radhicka Kapoor, Senior Visiting Fellow, ICRIER]

1. दररोज 25 हजार लोकांचा भूकेमुळं मृत्यू; UN अहवालातून धक्कादायक खुलासा2. ... तरच SC/ST कायदा लागू होईल, कर्नाटक उच्च न्यायालयाचा मोठा निर्णय3. Shivsena Rebel: भुजबळांनी पक्ष सोडू नये म्हणून बाळासाहेबांनी कोणते प्रयत्न केले होते?4. रेल्वे स्टेशनवरील विक्रेत्यांच्या मनमानीवर IRCTC कडून लगाम, दिले कडक कारवाईचे निर्देश5.  भाजपने पहिला डाव टाकला... राज्यपालांना पत्र पाठवलं6. तारक मेहता का उल्टा चष्मा: अभिनेत्रीनं केली निर्मात्यांची पोलखोल; म्हणाली..7.  कोविड-19 लसींमुळे भारतात 42 लाखांहून अधिक मृत्यू रोखले गेले8. चर्चेतील बातमी - अजित पवारांचा राग अजुनही कमी झालेला नाही, आमदार शहाजी पाटील ऑडिओ क्लिप व्हायरल*रिसर्च अँड स्क्रिप्ट - युगंधर ताजणे

Equities fought volatility and surged last week, as stocks danced to the tunes of global cues, domestic news flow and corporate earnings.  Among indices, financials lead from the front, while a steep cut in excise duty on fuel prices and capping of sugar exports, saw stocks from these sectors react negatively. Eventually, the BSE Sensex moved in a band of 1,500 points, and finally ended the week with 1 per cent gain. The NSE Nifty, on the other hand, was up 0.5 per cent, while the Bank Nifty surged nearly 4 per cent. However, despite last week's gains, the benchmark indices may end the current month on a negative note, marking their biggest declines in May since 2012. The BSE benchmark Sensex and the Nifty were down close to 4 per cent so far this month, primarily dragged down by the persistent FII selling.  Foreign investors have, now, been net sellers for eight straight months and have net sold stocks worth more than 52,000 crore rupees so far this month. According to VK Vijayakumar of Geojit Financial Services, FPI selling is showing mild signs of exhaustion. DII and retail buying together with overwhelming FPI selling along with short covering can trigger a near-term rally. High quality large-caps can stage a rally, says Vijayakumar, adding that leading banks are safe bets.  Against this backdrop, Business Standard's Avdhut Bagkar shares how the banking stock is placed on the charts. Going ahead, markets will look at Q1CY22 GDP number, slated to be announced on Tuesday, for fresh cues on the economic recovery. As per a Reuters poll of economists, India's economic recovery from the Covid-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation. ‘Growth in Asia's third-largest economy was pencilled in at 4.0% for the January-March quarter from the same period a year ago, down from 5.4% in Q4 2021. If realised, that would be the slowest in a year and a third consecutive quarter of weaker growth'. Amid these triggers, technical charts suggest that the NSE Nifty managed to close above its 20-DMA for the first time since April 13, 2022. The Nifty may look to target the trendline resistance around 16,750 in the near term.  On the downside, the index can expect support around 16,200-level. As we draw curtains on the Q4 earnings season, stocks like Aurobindo Pharma, Delhivery, IRCTC, Jindal Steel and Sun Pharma could see some action ahead of earnings on Monday.

Equities fought volatility and surged last week, as stocks danced to the tunes of global cues, domestic news flow and corporate earnings.  Among indices, financials lead from the front, while a steep cut in excise duty on fuel prices and capping of sugar exports, saw stocks from these sectors react negatively. Eventually, the BSE Sensex moved in a band of 1,500 points, and finally ended the week with 1 per cent gain. The NSE Nifty, on the other hand, was up 0.5 per cent, while the Bank Nifty surged nearly 4 per cent. However, despite last week's gains, the benchmark indices may end the current month on a negative note, marking their biggest declines in May since 2012. The BSE benchmark Sensex and the Nifty were down close to 4 per cent so far this month, primarily dragged down by the persistent FII selling.  Foreign investors have, now, been net sellers for eight straight months and have net sold stocks worth more than 52,000 crore rupees so far this month. According to VK Vijayakumar of Geojit Financial Services, FPI selling is showing mild signs of exhaustion. DII and retail buying together with overwhelming FPI selling along with short covering can trigger a near-term rally. High quality large-caps can stage a rally, says Vijayakumar, adding that leading banks are safe bets.  Against this backdrop, Business Standard's Avdhut Bagkar shares how the banking stock is placed on the charts. Going ahead, markets will look at Q1CY22 GDP number, slated to be announced on Tuesday, for fresh cues on the economic recovery. As per a Reuters poll of economists, India's economic recovery from the Covid-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation. ‘Growth in Asia's third-largest economy was pencilled in at 4.0% for the January-March quarter from the same period a year ago, down from 5.4% in Q4 2021. If realised, that would be the slowest in a year and a third consecutive quarter of weaker growth'. Amid these triggers, technical charts suggest that the NSE Nifty managed to close above its 20-DMA for the first time since April 13, 2022. The Nifty may look to target the trendline resistance around 16,750 in the near term.  On the downside, the index can expect support around 16,200-level. As we draw curtains on the Q4 earnings season, stocks like Aurobindo Pharma, Delhivery, IRCTC, Jindal Steel and Sun Pharma could see some action ahead of earnings on Monday.

The Initial Public Offering (IPO) of India's largest life insurer LIC is finally here, albeit at a reduced size. The IPO is a pure offer for sale where the government is selling a 3.5% stake, down from its earlier plan to sell 5%.   It plans to raise Rs 21,000 crore at the upper end of the price range of ₹902-949 per share.           That will still overshadow Paytm's Rs 18,300 crore issue. The IPO price values LIC at around Rs 6 trillion or 1.12 times its embedded value of Rs 5.4 trillion at the end of December.  The embedded value is a measure of future cash flows in life insurance companies and a key financial metric for insurers. When LIC filed the draft red herring prospectus (DRHP), experts had pegged its valuation at two to three times its embedded value, based on the valuation of its domestic private sector peers. However, market volatility due to the Russia-Ukraine war may have changed the dynamics.  Listed private life insurance companies like HDFC Life, SBI Life and ICICI Prudential Life trade between 2.1 to 3.1 times their embedded value. The average market cap to EV ratio of the three is 2.6 times. If we apply the average multiple, LIC's value would be Rs 14 trillion.  The IPO valuation is almost 60% below this level. However, it is in line with the multiples commanded by global peers which are anywhere from 0.21 to 1.89. Analysts highlighted that LIC had a lower Value of New Business (VNB) margin of 9.9% in FY21 compared with private players, who have VNB margins of 22-27% due to higher share of participation and group products. Disinvestment secretary Tuhin Kanta Pandey justified the valuation and timing of the IPO at Wednesday's press conference. IPO is the first step of long-term value creation for shareholders, he says. The 3.5% is an optimal size in current market conditions, he said, adding that the valuation flows from optimised positioning, marketing strategy, accessing investors and market window.  While the government said it has decided to go ahead with the IPO in May due to strong market demand and a "solid" anchor investor base, there also might be another reason.  It has time till May 12 to launch the IPO without filing fresh papers with Sebi. If this window is missed, LIC would have to update the offer documents with the latest results and embedded value. The government was previously criticised for under-pricing the October 2019 IPO of the Indian Railway Catering and Tourism Corporation, popularly known as IRCTC. At the top end of the price range, IRCTC fetched a market value of Rs 5,120 crore.   The government divested around 12.5% of its stake in IRCTC during the IPO and sold another 20% in December 2020. Today IRCTC is valued at almost Rs 60,000 crore, an increase of 1070% since the IPO. Does the government risk a repetition of the IRCTC episode? According to Ashish Gumashta, CEO, Julius Baer India, govt is eyeing price discovery for LIC and it can't think of a better defensive bet than this at this time. He believes this size will not disrupt the primary market, and the valuation leaves something on the table for investors. Market strength of LIC and private players vary.  Another expert echoed similar  views. Deven Choksey, Managing Director, KR Choksey Investment Managers says the govt wants investors to come again for FPOs. He believes the valuation is sensible in current situation, but price to EV ratio could have risen to 2 if market conditions were right.  The share price performance of India's current IPO record holder also offers a lesson on what happens when an issue is overpriced. Shares of Paytm, which listed in November last year, are down 73% from their IPO price.  Experts feel that the conservative valuation for LIC at this stage is a sensible approach by the government, which has to consider global and local market conditions, long-term return expectations of retail investors and the nature of LIC's business c

Despite the worsening Ukraine-Russia crisis, global markets stabilised on Wednesday as sanctions announced by major economies, including the US, UK, Japan and Australia hit markets not with a bang, but a whimper.   Instead of a sweeping package that crippled top Russian banks, cutting its financial transactions off the global economy, or personally singling out Vladimir Putin -- the US and its allies settled on a modest ‘first tranche' of penalties. Markets responded with a shrug, underwhelmed by the tit-for-tat approach. The sanctions targeted a pair of Russian banks, VEB.RF and Promsvyazbank as well as three members of Russia's elite with close ties to the Kremlin. The penalties also sought to freeze future purchases of Russian sovereign debt.   Yet the sanctions hardly amounted to the economy-crippling measures the US and its partners long telegraphed if Russian troops were to roll across the border. Not surprisingly then, the BSE Sensex and the Nifty50 closed with tepid losses of 0.1% each, ending at 57,232 and 17,063 levels, respectively. However, the broader indices outperformed the frontline indices. The MidCap index on the BSE advanced 0.6% while the SmallCap index climbed 0.9%.   The likes of Yaari Digital, Raymond, Orient Bell, Crompton Greaves, Oberoi Realty, Adani Power, IRCTC, and JSW Energy rallied between 3 and 20%. This bounce back comes after a sharp fall of over 10% at index level in the past one week, where 13 stocks from the Nifty Midcap100 pack and 18 from the Nifty Smallcap pack hit 52-week lows. So, does the reversal mean that the downtrend has bottomed out? Or is it just a dead cat bounce?   Fundamentally, too, D-Street mavens say investors should stay away from the space as market situation remains volatile. They also say investing in large-caps could be a better option at the moment where balance sheet strength is strong. As regards today, the developing situation in Eastern Europe and monthly F&O expiry back home will guide the indices. That apart, stock-specific action, oil price movement and bond yields will also affect the market sentiment. Watch video

Brent crude is hovering around $92 per barrel-mark even as faint signs of progress in nuclear talks between the United States and Iran emerge. If US sanctions are lifted, Iran could export millions of barrels of crude and help to drive down red-hot oil prices. However, the move may not be enough to cool off the prices as tensions remain high in Eastern Europe.   Crude prices have rallied about 20% this year and 16% in the past month, as tensions between Russia and NATO simmered over Ukraine. Technically, if WTI March holds $91.60 level, it could rise up to $93.60 levels. Analysts worry oil prices are headed higher, and can hit $125 a barrel by June 2022 given these tensions and a pick-up in demand over the months ahead. Platts Analytics, for instance, expects India's gasoline demand to grow about 5 per cent in 2022 after rising 12 per cent in 2021.   "India's gasoline demand had already recovered back to above 2019's levels. The resurgence of COVID-19 in the country is expected to slow demand in Q1, but we still see growth for the whole of 2022 as the situation starts to improve. Mobility seems to be picking up as daily infections started to ease,” says JY Lim, Advisor, Oil Markets, S&P Global Platts Analytics But, rising crude oil prices may not be all that bad news, especially for companies that are engaged in drilling and extraction of oil. D-Street mavens are bullish on the road ahead for oil drilling companies such as ONGC, OIL India and Reliance Industries, who could gain from a rise in crude oil prices.   Another sector that is likely to benefit is electric vehicles (EV), as people may opt to buy EVs instead of the ones that run on conventional fuel. Technical chartists, too, remain bullish on these stocks from a medium-term perspective and expect these stocks to gain between 10 and 15% in the next 6 – 8 months. A mild dip in oil prices and bond yields on Tuesday did cap downside in the markets yesterday as benchmark indices snapped their three-day losing run. The BSE Sensex index is now at 57,808 while the Nifty50 is at 17,267 as global headwinds keep investors on their toes. Today, investors will react to Q3 earnings of Bharti Airtel and IRCTC, announced post-market hours yesterday, and will eye quarterly results of ACC, Berger Paints, Nykaa and Tata Power among others. Watch video

Budget euphoria is slowly fading away on Dalal Street as global headwinds stare in the eye. Geo-political tensions involving Ukraine and Russia, coupled with fear of easy money drying up amid soaring inflation, are giving a rude reality check to stock market investors. Yesterday, the BSE Sensex plunged over 1,300 points in intra-day trade while the Nifty50 slipped below the 17,150 level. The Nifty 50 and BSE-Sensex tumbled for a third straight day and moved below the highs made on Budget-day. The indices ended nearly 2% lower at 17,214 and 57,621, respectively. With this, the markets have turned negative for the year, and are down 1 per cent YTD.   U R Bhat, who is co-founder & director at Alphaniti Fintech, believes markets can fall another 3-5% from here on as an actual clash on the Russian border is not priced in at all.    Brent crude prices are already up 16% in a month amid simmering tensions between Russia and NATO over Ukraine. Brent is above $93 per barrel-mark but a full-scale war can take it past the $100 per barrel mark, analysts worry. Most analysts, including those at Rabobank International and BofA Securities, see Brent hitting the $125 mark by June 2022. On their part, the benchmark indices – the S&P BSE Sensex and the Nifty50 – have slipped around 3% each in the past one month. On the contrary, the Nifty Energy index that comprises upstream players like Reliance Industries and ONGC has outperformed with a rise of nearly 6% as oil prices rose during this period. Going-forward, market mavens suggest investors to stay stock-specific and tread cautiously in the markets. These global factors will continue to dictate market trend on Tuesday as well. Domestically, investors will track the three-day RBI policy meeting, which will begin later today. That apart, December quarter result of prominent companies, including Bharti Airtel, Escorts, Indraprastha Gas, IRCTC and Godrej Consumer products will be on investor radar. Moreover, shares of Adani Wilmar will also debut on the bourses today. Watch video

The Union Budget for fiscal year 2022-23 triggered volatility on the bourses last week. While bulls took the baton and charged ahead during the initial part of the week, bears dragged the indices lower in the second half amid profit booking and wobbly global markets. The frontline S&P BSE Sensex and the Nifty50 eventually ended the week with 2.5% higher at 58,645 and 17,516, respectively. As per technical charts the 50-pack Nifty index may attempt to reclaim the 18,000-mark this week if it manages to conquer the immediate resistance level of 17,800. 17,400 remains a key support level. As regards Sensex, the 30-pack index may quote between 57,400 and 59,750. The index has support at 57,850 and resistance at 59,300. One of the key triggers this week will be the Reserve Bank of India's monetary policy outcome as the MPC will begin its three-day meeting later today. Analysts expect RBI's guidance to be dovish when compared to global peers, who have been guiding or announcing rate hikes as inflation become into a concern. They say, growth concerns amid spread of the Omicron variant and relatively benign inflation out-turns may provide the RBI with enough room to maintain its growth-supportive monetary policies.   However, markets will eye the MPC's commentary as it tries to strike a balance between post-pandemic liquidity and bond yields. The yields on 10-year govt bonds have already risen to two-year high since the announcement of the Budget. Any decision to reduce liquidity may further push the yields higher, which may affect equities too. Against this backdrop, money market action along with rate sensitive stocks in the banking and real estate space will be in focus in early part of this week. The RBI will announce its policy outcome on Wednesday, Feb 9.   That apart, stock-specific action will remain plentiful as results season enters its last leg. Policybazaar, TVS Motor, Union Bank of India, Bata India, Escorts, Indraprastha Gas, IRCTC, Berger Paints, Tata Power, M&M and Hero MotoCorp are some of the notable companies set to report their December quarter results this week.   Meanwhile, in the primary market, the initial share of Vedant Fashions will close on Tuesday, Feb 8. So far, the issue has been subscribed less than 20 per cent. Globally, the meltdown in technology stocks on Wall Street will be tracked by market participants, along with oil prices and bond yield movement. Watch video

Top headlines   ·       Sensex pares gains to end 77 points down; Nifty holds 17,100 ·       ONGC soars to 32-month high on improved outlook ·       Bharti Airtel rises 6% on Google's $1-bn investment plan, erases gains later ·       PSE stocks surge ahead of Budget; CPSE index gains 1% ·       Adani Wilmar IPO subscribed 1.08 times on day 2   The frontline indices started Friday's session on a positive note but ended the volatile week marginally in the red. The BSE Sensex started gap-up and gained 807 points to touch the day's high but a sharp sell-off in the last hour of trade dragged the index into the negative zone, down 77 points at 57,200.    Its NSE counterpart, the Nifty50, ended with a loss of 8 points at 17,102. This was 271 points lower than its intra-day high. For the week, the benchmark indices were lower by 3% each. The indices' breadth was slightly skewed towards buyers, as 14 of the 30 Sensex constituents and 19 of the 50 Nifty constituents ended in the red. The losses were led by Maruti Suzuki, Tech Mahindra, Power Grid, Hero MotoCorp, ICICI Bank and Axis Bank.  On the upside, NTPC, UPL, ONGC, Sun Pharma, IndusInd Bank, Tata Consumer Products, and ITC ended as top performers. In the broader markets, the BSE MidCap and SmallCap indices bucked the trend and ended 1% higher each, with LIC Housing Finance, Castrol India, Apollo Hospitals, Mindtree, Sun TV and HT Media rallying up to 18.5%.   Kriti Industries, Mahindra Logistics, HG Infra, TVS Motor, RBL Bank, and IDBI Capital were the worst-hit stocks from the space.   Sectorally, the Nifty IT index was a significant gainer. It ended with gains of 1%. With this, the index snapped its 8-day losing run. The IT pack was supported by strong Q3 results of Coforge and Birlasoft, which closed 7% and 1.6% higher, respectively.    The Nifty Healthcare index was the other prominent gainer, up 1.5%, followed by Realty and FMCG. On the BSE, the CPSE index gained 1% with public-sector companies putting up a good show ahead of the Union Budget. Mangalore Refinery, Bharat Immunologicals, ONGC, NTPC, IRCTC, Concor, NLC India and NMDC were some of the top gainers on the index.    On the other hand, Nifty Bank was the top loser, down 0.8% along with Financials and Auto indices.    Among individual stocks, oil major ONGC touched a 32-month high on the BSE on improved outlook amid rising oil prices as higher oil realisations and modest production could spur the company's EBITDA in the December quarter. The Brent crude benchmark has topped the 90-dollar-a-barrel mark for the first time in seven years.    Besides, the shares of telecom major Bharti Airtel rallied over 6% intra-day after it announced that internet giant Google would invest up to $1 billion in the company through equity investment and commercial partnership agreements. For the former, an investment of $700 million would be made by Google to acquire a 1.28% ownership in the company. Profit booking at higher levels, however, saw the counter erase these gains and close just 1.2% higher.    Lastly, the IPO of edible oil major Adani Wilmar had been fully subscribed at 1.08 times on day 2 as of 4:15 pm. The retail investor portion was subscribed 1.79 times, while the non-institutional investor and qualified institutional buyer categories had been subscribed 0.85 and 0.32 times, respectively.