Akshay adds that rising treasury yields and surge in crude prices has dampened the outlook for the Indian currency. The rupee has dropped for 16 straight weeks, which has never occurred in its history.
New Delhi: Mahindra Group Chairman Anand Mahindra said on Saturday that quality of work, not the quantity, is the key towards realising the ‘Viksit Bharat’ goal, as he touched upon the ongoing debate on the work-hour balance triggered by the country’s top corporate leaders. Speaking at the ‘Viksit Bharat Young Leaders Dialogue 2025’ event in.
New Delhi: Driven by strong fundamentals and resilient economy, the Indian equity markets are likely to see another record-breaking year for initial public offerings (IPOs), according to reports. The fundraising activity in the country has been broad-based across sectors so far. Domestic investments provided resilience amid geopolitical risks and market volatility, according to a Kotak.
Mumbai: The Indian stock market opened flat on Friday as buying was seen in the IT sector after strong Q3 results of Tata Consultancy Services (TCS), which saw its stock jumping 3.7 per cent at Rs 4,186 apiece in early trade. The IT sector was trading with a gain of more than 2 per cent..
New Delhi: Union Minister of Commerce and Industry, Piyush Goyal, announced that India’s organic farming export value could reach Rs 20,000 crore within the next three years. In a speech marking the launch of the 8th edition of the National Programme for Organic Production (NPOP) in the capital, he referenced Prime Minister Narendra Modi’s remarks.
United Nations: On January 10, the United Nations revealed that India is poised to retain its title as the world’s fastest-growing large economy, with a projected growth rate of 6.6% for the current year. Hamid Rashid, the head of Global Economic Monitoring at the UN, made this announcement during the release of the World Economic Situation and.
New Delhi: With Indian equity benchmarks outperforming global markets, the total number of demat accounts in India surged to a record 185 million in 2024. This marks an increase of approximately 46 million accounts over the past year, averaging about 3.8 million new accounts each month. Data from NSDL and CDSL reveals that 2024 witnessed.
The domestic benchmark indices opened higher on Tuesday as buying was seen in the energy, PSE, auto, IT, PSU bank, financial service, pharma, FMCG, metal and realty sectors. At around 9.27 am, Sensex was trading at 78,292.85 after rising 327.86 points or 0.42 per cent, while Nifty was trading at 23,744.85 after gaining 128.80 points.
New Delhi: Infosys, a leading IT company, has reportedly postponed its annual salary increase, which typically occurs in the fourth quarter of FY 2024-25. The last salary hike was implemented in November 2023. This delay suggests ongoing uncertainties in the domestic IT sector. The primary reason for the slowdown is that clients are hesitant to.
New Delhi: A report by Motilal Oswal indicates that the government may not meet its capital expenditure (capex) target for the financial year 2025. The report reveals that the total capital spending planned by the Centre, set at Rs 11.1 trillion for FY25, has decreased by 13.5% year-on-year (YoY) during the first half of the.
