Even if no statistical jugglery is afoot, the "noise" in India's GDP numbers should be eliminated in order to hear the underlying music without distortion, writes T N Ninan

Economic growth, GDP

Business Standard

Moves by Washington to enforce the price cap strictly by opening investigations into five tankers transporting Russian oil has created concerns among refiners and traders

oil, export, trade, crude oil,

Nifty hits fresh record high: Since September 15, automobile and energy linked stocks have outperformed the markets

Nifty, market, sensex, stocks, investors, growth

November was a blockbuster month for the Nifty index, which rose 5.5 per cent, the most since July 2022

Sensex, Nifty, stock market, BSE, NSE

Closing Bell on Friday, December 1, 2023: The Nifty 50 index scaled a new peak of 20,291.55 in the intraday trade

Sensex leaps 493 pts, Nifty ends at record closing high of 20,268

Iger, who came back as CEO a year ago after the dismissal of his hand-picked successor Bob Chapek, said the company has emerged from a year of "fixing a lot of things"

Bob Iger, Disney's Iger, Iger

Bloomberg

Stocks to watch on Wednesday, November 29, 2023: IREDA is likely to debut on a strong note on the bourses today following the robust response received to its recently concluded IPO.

Stock brokers

The price of 22-carat gold was also unchanged, with the yellow metal selling at Rs 57,350

Gold

Closing Bell on Wednesday, November 29, 2023: Among sectors, the Nifty bank, Auto, Financial Services, IT, PSU bank, and Private Bank indices ended higher in the range of 1 per cent to 1.5 per cent

bull market

The key driver of growth for the company is expected to come from new segments of Sampann (packaged staples), Soulful (healthy snacks/drinks) and NourishCo

Bombay house

Adani is now the 19th richest person in the world, with a net worth of $66.7 billion

Gautam Adani, Adani

The Central Drugs Standard Control Organisation (CDSCO) and state drug inspectors have been conducting inspections as part of a massive nationwide crackdown on spurious and substandard medicines

pharma, medicine, drugs

At a cabinet briefing, Anurag Thakur said that the extension will cost the exchequer Rs 11.8 trillion

Anurag Thakur

Axis Mutual Fund on Wednesday launched a manufacturing fund and has set a target of collecting at least Rs 2,500 crore during the offer period.
The Axis Bank subsidiary which competes with 44 other players, is also eyeing around Rs 3 lakh AUM by the end of this fiscal, given the market rally.
The fund house opened the year with an AUM (assets under management) over Rs 2.25 lakh crore.
The open-ended equity scheme represents the manufacturing theme and opens for subscription from December 1 and closes on December 15.
The fund will track Nifty manufacturing index and will be managed by Shreyash Devalkar and Nitin Arora, the company announced here.
If 10 per cent of the investment is redeemed/switched within 12 months from the date of allotment there will be no exit load, while for the remaining investment there will be a 1 per cent charge, B Gop Kumar, managing director & chief executive of the fund house said.
On the overall AUM target for the year, Kumar said the growth has been

mutual funds, MFs

Press Trust of India

With a market cap of almost $48 trillion US is by-far the world's largest equity market. Followed by China ($9.7 trillion) and Japan ($6 trillion)

Stock market, BSE

Chhattisgarh Assembly Election Results 2023: In Chhattisgarh, it will be a neck-and-neck contest between the BJP and Congress but the grand old party is likely to edge out BJP, exit polls predicted

Polling officials, VVPATs, voting

The polling for the 119-member Telangana concluded on Thursday and it was the last among five states that went to the polls this month

Here is the best of Business Standard's opinion pieces for today

Mizoram Assembly Election Results 2023: A party needs to secure 21 or more seats to gain a majority in Mizoram Assembly

Voting, Election, polls, Voting day

Powell and Fed Governor Lisa Cook, who earned her bachelor's degree at Spelman College, were scheduled to participate in a roundtable discussion with local entrepreneurs later on Friday

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Chhattisgarh Assembly poll 2023 result: Date, time, when & where to watch

Congress poised to form its first government in Telangana, say exit polls

Best of BS Opinion: Handle with care, Ethics off the pitch & more

Mizoram Election Results 2023: Date, time, how & where to watch counting

Fed to move 'carefully' on rates, 'soft landing' taking shape: Powell

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Handle with care: India's latest GDP numbers flatter but don't deceive

Russian oil turns dearer for Indian refiners after US enforces price cap

Nifty hits new all-time high: Here's a look at stocks that drove the rally

Sensex soars nearly 1,400 points this week; Here's what led to the rally