BUSINESS
IndusInd Bank Stock Plunges 20%, Wiping Out ₹14,000 Crore in Market Value
The report emphasized that India's recovery will be aided by the unwinding of excessive fiscal and monetary tightening, which had previously constrained growth.
India's long term growth story intact, equity markets attractive, stated by Morgan Stanley
The growth is supported by robust structural fundamentals like a fast-growing population, a stable democratic system, macroeconomic stability-led policies, enhancing infrastructure, an emerging entrepreneurial class, and rising social indicators, a Morgan Stanley report published on Tuesday stated.
India’s Agricultural Output Hits Record High in 2024-25
Overall foodgrain production during the kharif season is at 1663.91 lakh metric tonnes (LMT), and that of the rabi season is placed at 1645.27 LMT.
Maharashtra Budget: ₹36,000 Cr for Ladki Bahin Yojana, New Taxes Proposed for Revenue Boost
Pawar pointed out that from July 2024, about 2.53 crore women have been covered under the scheme, and ₹33,232 crore has already been released. The government, however, did not make the expected hike in monthly assistance from ₹1,500 to ₹2,100, a promise made before the 2024 assembly polls.
Indian Markets Close Lower, Sensex Stays Above 74,000
The Sensex first rose to an intra-day high of 74,741, up by 407 points. But heightened selling pressure during the last few hours pulled the index down by more than 700 points from the high point, touching a low of 74,022 before closing at 74,115, down by 217 points (0.3%).
Capex boom ahead in India, infra projects to accelerate at state level, Stated by Jefferies
Mahesh Nandurkar, Jefferies' research head and managing director, projects that growth in capital spending would continue to remain robust until February and March.
Indian Markets on Recovery Path, GDP Growth Set to Rebound: Goldman Sachs
India's economy saw a 6.4% year-over-year GDP growth during the fourth quarter of 2024, boosted by a pickup in private consumption. Goldman Sachs economists say the contraction in the country's GDP has probably hit bottom, with a slow turnaround expected in subsequent quarters.
Cooling Inflation Strengthens Case for Possible RBI Rate Cuts: Report
The market's trajectory indicates a cautious stance among investors, likely influenced by macroeconomic factors, sectoral shifts, and global financial trends, as outlined in the Motilal Oswal Mutual Fund report.
EPFO 3.0: Soon, Withdraw Your PF Amount Directly from ATMs – Here's How
Union Labour Minister Mansukh Mandaviya made the announcement while inaugurating an event in Hyderabad, emphasizing the way this change will provide higher convenience, speedier transactions, and better digital services for EPFO members.
LIC Becomes World's Third Strongest Insurance Brand
Poland's PZU topped the charts in the number one position with a remarkable BSI score of 94.4, followed by China Life Insurance, which took the second position with a score of 93.5.
Don't Miss
Advertisement