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Октябрь
2023

Новости за 06.10.2023

US curbs on chip tools to China nearly finalised

Economictimes.indiatimes.com 

The updates would add restrictions and close loopholes in rules first unveiled on October 7, 2022, sources say. Those rules angered Beijing and further strained relations with Washington.

Global banks raise China's growth outlook on faster recovery

BigNewsNetwork.com 

A view of the Bund in Shanghai, China, October 5, 2023. /CFP

Several Wall Street brokerages have raised their forecasts for China's annual growth in recent weeks, citing stabilizing economic indicators and effective supportive policy measures.

Citigroup and J.P. Morgan this week raised their forecasts for China's GDP growth to 5 percent in 2023, in line with its target rate for the year. Both



Are Nifty stocks, sectors expensive at current valuations? Let's check history

Economictimes.indiatimes.com 

Nifty stocks that are trading at a significant discount to their historical averages are ONGC (-45%), BPCL (-41%), Tata Steel (-38%), Apollo Hospital (-31%), and Eicher Motors (-28%). As a sector, PSU banks are trading at a P/B of 1.1x, at a 30% premium to its historical average of 0.8x while the consumer sector’s P/E of 41.7x implies a 4% premium to its 10-year average of 40x. Similarly, technology is trading at a P/E ratio of 23.2x, an 18% premium to its long-term average of 19.6x.

Asian Games: India break 13-year medal drought in recurve archery

Timesofindia.indiatimes.com (sports) 

Indian archers made history by winning a bronze medal in the recurve section at the Asian Games, ending a 13-year wait for a medal in this category. The Indian women's team defeated Vietnam to secure the bronze medal. This marks India's first medal in the Olympic category in archery at the Asian Games since 2010.

Sagamu killings: Ogun Assembly urges DSS to release member

The Punch 

The Ogun State House of Assembly, on Thursday, raised concerns about the continued detention of its member representing Sagamu Constituency I,  Damilare Bello, by the Department of State  Services. The PUNCH reports that the DSS arrested Bello on September 20 in connection with cult killings in Sagamu. The Assembly, on Thursday, passed a resolution demanding

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