CNBC-TV18 Special Podcast

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...

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 high...

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 Ne...

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...

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...

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 curr...

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 happe...

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...

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 senio...

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 a...

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...

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...

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 f...

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, increas...

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,...

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 S...

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...

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...

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...

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 s...

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 consist...

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, HC...

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, t...

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 upp...

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 T...