Manufacturing growth continued to shrink showed Purchasing Managers Index (PMI) data, while later in the week the services front offered little respite, with India’s services PMI slipping. This week saw markets inch down a bit as scepticism appeared to have made its way back into investor’s minds. It started with sobering news on the domestic automobile front, although month on month data showed some improvement. The cut in GDP growth estimates should not have surprised, as many others have already done it. Investors may have been expecting a bigger rate cut or more steps to spur credit growth. You could call it sobering even. The week ended with the Reserve Bank of India (RBI) cutting the repo rate by 25 basis points to which the stock market responded with a 434 point decline. Read all the Latest News, Breaking News and IPL 2022 Live Updates here.This has been a busy news week from the economy’s standpoint. We promise to read your responses although we might not be able to reply to each one individually. You can find the details here.įor any feedback on the product and suggestions please click here. If you are not a Moneycontrol Pro subscriber yet, click here to subscribe.Currently, as part of our third anniversary celebrations, we are offering subscription at Re 1/- a day along with multiple offers. We also wish to reiterate that the best is yet to come. We again wish to thank our subscribers for their unwavering faith in Moneycontrol Pro. You can check out our offers page here for exclusive discounts on select brands and giveaways. We have offered our subscribers discounts on a series of knowledge-sharing sessions such as Option Omega, Quants League, and Traders Carnival. Moneycontrol Pro has also played a pivotal role towards improving financial literacy amongst new-age investors via a host of educational events pertaining to the market. We introduced a New Pro Experience for people wishing to use the service on a desktop. Moneycontrol Pro has always kept user convenience and benefits foremost in all decisions, be it redesigning the UI/UX (user interface/user experience) or offering new payment solutions, or giveaways. Other exclusive features include: an Economic Calendar to track major economic events across the world and their impact on markets a New and Improved Research Page where users can access the exclusive research output from our independent, in-house research team that covers 214 companies across 24 sectors and exclusive trackers on Herd Immunity from the pandemic and the Economic Recovery. Moreover, the platform also launched Big Shark Portfolios, where the focus was to help users track portfolios of big investors and FIIs. We have also introduced innovative analytical and AI-based tools that assist users in making the right investment decisions through the#KnowBeforeYouInvest initiative, which provides comprehensive analysis of a stock for wiser investment. Pro’s newsletters – Panorama and Weekender - have above-average open rates of as much as 18 percent. On an average, 25000 people attend a seminar. These online summits help users gain a larger perspective on important events that have a bearing on their investments through insightful conversations with leaders and experts. It also hosts monthly webinars called MC Pro Masters Virtual. For example, Pro has an editorial content partnership with the Financial Times, which helps subscribers gain a better understanding of global markets. The platform has also kept evolving and expanding its offerings as long term users can attest. Pro has provided users information not available elsewhere (for example, exclusive research on companies not covered by brokerage analysts) and presented by the most reliable names in the industry. More specifically, it offers subscribers an ad-free experience, curated markets data, exclusive trading recommendations, independent equity analysis, and sharp opinion that helps enhance their understanding of business and finance to make better informed decisions.Ĭontent has been a key differentiator. Thank you!įor those new to the #MCPro story, it is a platform for investors that cuts through the clutter and noise of the daily news cycle by providing actionable investment solutions. Moneycontrol Pro, the only Indian publisher in the elite list, has achieved this feat within three years of launch owing to the support and encouragement of our readers and subscribers. With 505,000 subscribers, Moneycontrol Pro is ranked third in Asia, said a report from the International Federation of Periodical Publishers. Moneycontrol Pro has risen to the 14th position in terms of subscriber base among Global Digital News Subscription service providers.
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