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From the 30-share pack, Infosys, Tata Consultancy Services, Bharti Airtel, UltraTech Cement, Titan, Tech Mahindra, Adani Ports and Bajaj Finance were the biggest gainers. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty maintained their winning run on Thursday, beginning the day on a firm note, propelled by buying in IT stocks amid…
The PET recycling industry in India, which has seen an investment of ₹10,000 crore in three years, is expected to double the investment in the short term, an industry official said. “India’s PET recycling industry, represented by the All India Plastic Recycling Association (APR), stands as the world’s largest recycler, by capacity, with an impressive annual…
Read More “Investment in PET recycling industry to double” »
Suraj Estate Developers, operating in South-Central Mumbai market has announced the acquisition of a vacant parcel of land measuring 1,464 sq. meters located on Senapati Bapat Marg, Mahim West for ₹101 crore, the company said in a statement. The land upon development will have an estimated RERA carpet area of 1.03 lakh sq feet. The…
Read More “Suraj Estate Developers acquires vacant Mumbai plot for ₹101 crore ” »
India’s July-September growth slides: what options does RBI have? | Business Matters | Video Credit: The Hindu Economic growth fell sharply to 5.4% for the quarter ended September. The important question is, what next? Are we looking at a prolonged slowdown? And as importantly, will the Reserve Bank cut rates, something that observers have been…
Watch: Marriage season, Delhi smog drove travel demand in November: ixigo CEO In a record for domestic air travel, airlines breached the 5-lakh mark in the total number of passengers ferried on a single day on November 17. The exact figure was 5,05,412. The high came exactly two Sundays after Diwali. The 5.05 lakh figure…
Read More “Watch: Marriage season, Delhi smog drove travel demand in November: ixigo CEO” »
Infosys founder Narayana Murthy | Photo Credit: PTI After Infosys co-founder Narayana Murthy reignited debates on work-life balance, Congress MP Gaurav Gogoi on Wednesday (December 4, 2024) responded and expressed his disagreement to the tech tycoon’s statement supporting grinding, relentless work hours — an ‘overwork culture.’ Gaurav Gogoi countered Narayana Murthy’s beliefs of work-life balance…
South Korean stocks sank Wednesday (December 4, 2024) while the won rebounded from earlier losses after President Yoon Suk Yeol dramatically declared martial law overnight before reversing the decision hours later. The shock announcement sent shivers through the trading floor in Seoul and fuelled a political crisis in Asia’s third-biggest economy, with the Opposition party…
Read More “Seoul stocks sink amid South Korea drama as Asian markets mixed” »
Image for representational purposes only | Photo Credit: Reuters The rupee slumped to its all-time low of 84.76 (provisional) against the U.S. dollar after dropping 8 paise on Wednesday (December 4, 2024) amid a strengthening greenback and increase in crude prices. Forex traders said a positive trend in domestic equity markets and foreign fund inflows…
Read More “Rupee plummets to all-time low of 84.76 against U.S. dollar” »
The decision taken at the RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee will be announced on Friday (December 6, 2024) | Photo Credit: Reuters Reserve Bank’s high level panel on Wednesday (December 4, 2024) started deliberations on the bi-monthly monetary policy amid expectations of status quo on interest rate as the retail inflation…
Read More “Reserve Bank’s MPC starts deliberations on bi-monthly monetary policy” »
From the 30-share Sensex pack, HDFC Bank, Bajaj Finserv, NTPC, Titan, Tata Consultancy Services, Tech Mahindra, Bajaj Finance, and ICICI Bank were the biggest gainers. File | Photo Credit: Reuters Benchmark Sensex advanced 110 points on Wednesday (December 4, 2024), extending its gains to the fourth day in a row, helped by buying in HDFC…
Read More “Sensex advances over 110 points on buying in private banks, foreign fund inflows” »
