The Hindu Editorial Analysis
The Importance of Reading The Hindu Editorial: Reading The Hindu newspaper has several benefits, including improving reading skills, facilitating comprehension, staying informed of current events, enhancing essay writing, and more. For individuals aiming for a career in banking, reading editorials is crucial for vocabulary building. In this article, we will examine today’s editorials, provide practice questions, and highlight important vocabulary words.
Focus on adani.
- A host of domestic developments, along with local and global economic data points,are expected to keep Dalal Street busy in the coming week.
- The sensex had seen a 2.5% loss last week, the biggest weekly fall in over six months.
- Developments around the adani controversy ,value of LICs portfolio of stocks from the group ,and the trajectory of the life insurers share private that’s near its all time low is sure to weigh on sentiment,market players said.
- On Friday, Dalal Street reacted negatively to the news LIC ,which had an equity exposure of over Rs.30,000 crore to be group,is losing money because of the crash in Adani stocks,Adani group insiders ,however privately said that LIC was still in profit since it had sold some of its holdings before January 24.
- Investors would also look for how foreign funds trade in India in the new week.
- Foreign portfolio investors slowed down their selling in February ,CDSL data showed.
- However, according to VK Vijayakumar ,chief investment strategist at Geojit Financial services,bond yields in the US continued to rise last week in anticipation of the US Fed turning more hawkish.
- Rising Rates in the US might lead to more capital outflows from emerging markets.
- On February 28,the government is expected to publish the GDP data from the October-November 2022 quarter.
- The fiscal deficit data from January is also due on the same day.
- And on March 1,S&P manufacturing purchasing manager index and auto sales for February are to be released.
Practice Questions:
- Why does Dalal Street react negatively to the LIC news?
- How foreign funds trade in India in the new week?
Important Vocabs:
- Prolonged– continuing for a long time
- Aging– to become or look old
- Demographic– the statistical characteristics of human populations
- Blip– a light flashing on the screen of a piece of equipment
- Robust– strong and healthy
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