Narendra Modi’s loss of control in Karnataka could put pressure on the party to ramp up their spending in order to woo rural voters. This could push back their plans to rein in India. The government’s budget was already in trouble before the events in Karnataka unfolded. BJP failed to form a government in Karnataka.
May you also like: Read Full Article
Amazon’s India business is valued at $16 billion currently and it is expected to reach $70 billion in gross merchandise volume and $11 billion in net sales by the end of 2027. According to a report by Citi Research, India has emerged as the most valuable retail segment which is valued at $44 billion. This development has come after a week after the Flipkart-Walmart deal where Walmart acqu... Read Full Article
On January 18, 2018- The nifty opened at 10,873.40 then rose to record high of 10,887.50 low of 10,782 and in the end closed at record high of 10,817 -28 points higher than its previous close. The day was majorly ruled by bullish bear’s and pushed the market to close at all time high levels.
According to pivot charts, Key support is at 10,770 followed by 10,723 and key resi... Read Full Article