Vodafone Idea stock ready for over 20% surge, suggests chart

Vodafone Idea stock has rallied up to 12 per cent thus far in April amid the broader market pullback. Hopes of a favourable Adjusted Gross Revenue (AGR) due assessment has also aided the up move. Despite the gains the stock still trades roughly 11 per cent in loss on a year-till-date basis.   However, going…

ADB says India’s GDP growth to moderate to 6.9% in current fiscal before accelerating to 7.3% next year

ADB said the moderation in growth is on account of heightened global uncertainty due to the West Asia conflict, higher energy prices and volatile trade and financial conditions. The Asian Development Bank (ADB) projects India’s gross domestic product growth will ease to 6.9% in the current fiscal year from 7.6% in the previous year before…