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Stocks to Watch: Cochin Shipyard, HDFC Life, PVR Inox, HDFC Life, KEI Industries, and more

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Stocks to Watch: Cochin Shipyard, HDFC Life, PVR Inox, HDFC Life, KEI Industries, and more

Here’s a quick look at stocks likely to be in focus in today’s trade.   Cochin Shipyard: The government has announced plans to divest a 5 percent stake in Cochin Shipyard through an Offer for Sale (OFS), with the floor price set at ₹1,540 per share. The OFS includes a base offer of 2.5 percent, … Read more

RBI’s credit card curbs are a classic case of ‘prevention is better than cure’

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RBI’s credit card curbs are a classic case of ‘prevention is better than cure’

The Indian economy has been doing well, with three consecutive quarters of 8%-plus growth so far in FY24. During this period, the banking sector’s credit growth has increased nearly 17% to ₹160 trillion, according to data from the Reserve Bank of India (RBI). Credit card debt has risen by 23% to ₹2.5 trillion, which is … Read more