Employers in India foresee a robust employment outlook in Q1 2025, according to a report on Tuesday. The report by ManpowerGroup reveals that 53 per cent of employers plan to hire, while 13 per cent anticipate a decrease in their staffing levels in Q1 2025. Meanwhile, 31 per cent do not expect any change. “India … Read more
The Reserve Bank of India and the Finance Ministry have been on "best terms with excellent coordination and cooperation” over the last six years, outgoing RBI Governor, Shaktikanta Das, said in his farewell address on Tuesday. He said, “The perspectives of the central bank and the Finance Ministry may differ at certain times but I … Read more
The inflow into systematic investment plans (SIPs) stood at Rs 25,320 crore in November in the country, almost similar to the October figures (Rs 25,323 crore), according to data from the Association for Mutual Funds in India (AMFI) on Tuesday. In November, the mutual fund industry's total assets under management (AUM) increased to Rs 68.08 … Read more
Adani Green has emerged as the fastest wealth creator during the five-year period (2019-March 2024), with a compound annual growth rate (CAGR) of 118 per cent, a Motilal Oswal Financial Services Limited (MOFSL) study showed on Tuesday. According to the ‘29th Motilal Oswal Annual Wealth Creation Study,” Rs 10 lakh invested in 2019 in … Read more
Trishakti Industries is currently trading at upper limit of Rs. 134.60, up by 2.60 points or 1.97% from its previous closing of Rs. 132.00 on the BSE. The scrip opened at Rs. 134.60 and has touched a high and low of Rs. 134.60 and Rs. 134.60 respectively. So far 1885 shares were traded on the … Read more
India is expected to be the key destination for global oil and gas products as the country adds refinery, petrochem, LNG regasification and pipeline capacity while the Chinese economy slows, according to an HSBC report released on Tuesday. The report states that global oil prices are likely to remain weak. This would benefit India … Read more
Union Minister of Road Transport and Highways, Nitin Gadkari, said on Tuesday that the government values Amazon's efforts to leverage its logistics expertise across India, empowering businesses from urban centres to rural areas, as the e-commerce giant announced a series of initiatives towards ‘Viksit Bharat’. At the fifth edition of its annual ‘Smbhav Summit’ in … Read more
Spectrum Foods is currently trading at its upper limit of Rs. 33.00, up by 5.50 points or 20.00% from its previous closing of Rs. 27.50 on the BSE. The scrip opened at Rs. 27.05 and has touched a high and low of Rs. 33.00 and Rs. 27.05 respectively. So far 1525575 shares were traded on … Read more
There is a recent uptick in deal activity in the Indian market which will be better visible in the first quarter of 2025, a report showed on Tuesday. As the year draws to a close, deal activity is expected to remain subdued to moderate, with several transactions likely to be pushed to Q1 2025, according … Read more
The Indian capital market is projected to see 17-45 per cent compound annual growth rate (CAGR)-sustained revenue growth over FY24-27, a Motilal Oswal Financial Services Ltd (MOFSL) report said on Tuesday. The entire ecosystem of capital market – asset management companies (AMCs), brokers, exchanges, intermediaries and wealth managers – will see sustained growth in revenue … Read more
