BUSINESS

Reliance Plans Special Puja Across Premises in Temples Celebration
Ashlin Rajan -
Reliance ensured a spiritual atmosphere across its offices by holding special pujas at the temples on their premises
Ayodhya Poised to Become a Model for India's Tourism Boost, Indicates Report
Kumar Manoj -
A substantial $10 billion makeover, encompassing the development of a new airport, revamped railway station, township, and enhanced road connectivity, is expected to generate a multiplier effect, fostering the growth of new hotels and various economic activities.
Jefferies Predicts Potential Increase in Capital Gains Tax After 2024 Elections
Kumar Manoj -
The report highlights potential developments such as an increase in the FPI limit for banks and insurance companies to 100 percent, up from the current 74 percent.
Ayodhya-Linked Sectors Experience Over 100% Surge in Stock Prices Within a Few Weeks
Kumar Manoj -
Vijayakumar attributes this surge to sentiment-driven rallies fueled by retail exuberance.
All You Need to Know About an Interim Budget
Kumar Manoj -
Similar to a full Union Budget, the Interim Budget includes estimates of government expenditure, revenue, fiscal deficit, and financial performance for the upcoming financial year.
Allocation of Rs 2.2 Lakh Crore for Free Foodgrains; Significant Boost Planned for Vishwakarma Scheme
Kumar Manoj -
Prime Minister Narendra Modi has declared a five-year provision of free foodgrains, starting January 1, 2024, as part of the government's strategy to address national food and nutrition security.
Upcoming Interim Budget on Feb 1 Expected to Reflect Government's Ongoing Emphasis on Major Infrastructure Projects
Kumar Manoj -
The budget is expected to allocate additional funds for social welfare schemes targeting the impoverished and the agricultural sector, emphasizing food security for vulnerable segments and fostering inclusive growth.
FPIs Trigger Massive Equity Sale of Rs 24,000 Crore in the Last 3 Days
Anurima Das -
Two main reasons have been cited for this shift in FPI strategy. First, the rise in US bond yields, with the 10-year yield increasing from 3.9% to 4.15%, has triggered capital outflows from emerging markets.
UK Retail Sales in 2023 Hit Lowest Levels Since 2018
Siddhant Kumar -
The decrease in December was the largest monthly drop since January 2021, impacted by Covid restrictions. Food stores experienced a significant decline, and department stores, clothing shops, and household goods retailers reported sluggish sales, partly due to earlier Black Friday promotions.
Passenger Narrates Harrowing Experience as Ground Staff Denies Assistance on Diverted Flight
Siddhant Kumar -
IndiGo, the private carrier in question, countered these claims by asserting that all passengers on flight 6E-221 on January 19 were provided with meals and presented with the option of either a refund or an alternative flight.
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