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Category: Business

Business

Stock markets settle flat in muted trade; Adani Ports spurts over 5%

Posted on December 26, 2024 By admin
Stock markets settle flat in muted trade; Adani Ports spurts over 5%

An employee of a stock trading firm looking at a share price on his computer. | Photo Credit: The Hindu Benchmark indices Sensex and Nifty ended flat in listless trading on Thursday (December 26, 2024) amid a lack of near-term triggers and unabated foreign fund outflows. The 30-share BSE benchmark Sensex dipped 0.39 points to…

Read More “Stock markets settle flat in muted trade; Adani Ports spurts over 5%” »

Business

Markets surge in early trade on buying in blue-chip bank stocks

Posted on December 26, 2024 By admin
Markets surge in early trade on buying in blue-chip bank stocks

From the 30 blue-chip stocks, State Bank of India, Maruti, Axis Bank, ICICI Bank, Mahindra & Mahindra and Power Grid were among the biggest gainers. File. Representational image Benchmark indices Sensex and Nifty surged in early trade on Thursday (December amid a rally in Asian markets and buying in blue-chip bank stocks. The 30-share BSE…

Read More “Markets surge in early trade on buying in blue-chip bank stocks” »

Business

EPFO adds 13.41 lakh net members in October

Posted on December 26, 2024 By admin
EPFO adds 13.41 lakh net members in October

Employees Providend Fund Organisation building at Bandra. File | Photo Credit: Supreet Sapkal Retirement fund body EPFO has registered 13.41 lakh net new members addition in October 2024, according to showed latest payroll data. This signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives, a labour ministry statement…

Read More “EPFO adds 13.41 lakh net members in October” »

Business

Coffee prices soar, but 15% loss in yield expected due to vagaries of weather

Posted on December 25, 2024 By admin
Coffee prices soar, but 15% loss in yield expected due to vagaries of weather

A file photo of coffee beans in an estate in Kodagu district (Coorg) of Karnataka. | Photo Credit: MURALI KUMAR K Coffee planters are a confused lot this year. On the one hand, coffee prices have hit a record high. On the other, vagaries of the weather through 2023 and 2024 have resulted in erratic…

Read More “Coffee prices soar, but 15% loss in yield expected due to vagaries of weather” »

Business

Govt committed to improve quality spending, cut fiscal deficit to 4.5% in FY26: Finance Ministry report

Posted on December 25, 2024 By admin
Govt committed to improve quality spending, cut fiscal deficit to 4.5% in FY26: Finance Ministry report

Finance Minister Nirmala Sitharaman is schedule to present the Budget for 2025-26 in Parliament on February 1, 2025. File | Photo Credit: Nagara Gopal The government will continue its focus on improving quality spending, strengthening the social security net and bring down the fiscal deficit to 4.5% of the GDP in FY26, a Finance Ministry…

Read More “Govt committed to improve quality spending, cut fiscal deficit to 4.5% in FY26: Finance Ministry report” »

Business

IndiQube Spaces files draft papers with Sebi for ₹850 crore IPO

Posted on December 25, 2024 By admin
IndiQube Spaces files draft papers with Sebi for ₹850 crore IPO

 IndiQube, a managed workplace solutions company, is dedicated to transforming the traditional office experience through comprehensive, sustainable, and technology-driven solutions. Representational image. | Photo Credit: Getty Images/iStockphoto Workplace solutions company IndiQube Spaces Ltd has filed preliminary papers with capital markets regulator Sebi to raise ₹850 crore through an initial public offering (IPO). Also read: The changing…

Read More “IndiQube Spaces files draft papers with Sebi for ₹850 crore IPO” »

Business

Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet

Posted on December 25, 2024 By admin
Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet

Prime Minister Narendra Modi chairs a meeting with eminent economists and sectoral experts, at NITI Aayog in New Delhi on Tuesday. Union Finance Minister Nirmala Sitharaman, Niti Aayog Vice Chairman Suman Bery, Principal Secretary to the PM PK Mishra and others also seen. | Photo Credit: ANI Job creation, improving farm productivity, and mobilising public…

Read More “Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet” »

Business

Vocal on growth, silent on inflation

Posted on December 24, 2024 By admin
Vocal on growth, silent on inflation

In November, a Cabinet Minister reportedly stated at a press conference that the Reserve Bank of India (RBI) should focus on growth and not be concerned with food price inflation. Though the Minister clarified that he was speaking in his personal capacity, it is not in the spirit of things that once the central bank…

Read More “Vocal on growth, silent on inflation” »

Business

Lokpal calls SEBI chief, complainants for ‘oral hearing’ over corruption charges

Posted on December 24, 2024 By admin
Lokpal calls SEBI chief, complainants for ‘oral hearing’ over corruption charges

SEBI chairperson Madhabi Puri Buch speaks during the Global Fintech Fest in Mumbai on August 29, 2024. | Photo Credit: PTI Anti-corruption ombudsman Lokpal has called SEBI chief Madhabi Puri Buch and also complainants, including Trinamool Congress MP Mahua Moitra, for an “oral hearing” next month in connection with corruption complaints being heard by it,…

Read More “Lokpal calls SEBI chief, complainants for ‘oral hearing’ over corruption charges” »

Business

BPCL to begin pre-project works for refinery cum petrochem complex in Andhra Pradesh 

Posted on December 24, 2024 By admin
BPCL to begin pre-project works for refinery cum petrochem complex in Andhra Pradesh 

BPCL CMD G. Krishna Kumar meeting Chief Minister N. Chandrababu Naidu. File | Photo Credit: The Hindu State-owned Bharat Petroleum Corporation (BPCL) has got Board approval to commence pre project activities for setting up of a greenfield refinery cum petrochemical complex in coastal Andhra Pradesh at an estimated cost of ₹6,100 crore. The pre-project activities…

Read More “BPCL to begin pre-project works for refinery cum petrochem complex in Andhra Pradesh ” »

Business

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