BUSINESS
Insurance readiness in FY2024: Building financial resilience without breaking your piggy bank
It is critical to ensure that we protect our investment planning against any such eventuality. Therefore, one should look at insurance as a part of the investment strategy, instead of just simple protection.
Fuel Price Trends: Drop in Petrol and Diesel Prices in India, Surge in Neighboring and Western Countries
In contrast, neighbouring countries such as Sri Lanka and Pakistan experienced significant surges in fuel prices.
Reliance Maintains Strong Lead in Wizikey’s NewsmakersIndia Ranking
The Wizikey News Score, a metric determined by factors such as news volume, headline presence, publication reach, and readership, positioned Reliance at the pinnacle for the fourth consecutive year.
Government Collects Rs 26,644 Crore in Dividends from CPSEs
Highlighting a trend of escalating dividend payouts, the Ministry noted that CPSEs have consistently surpassed the revised budget estimates in the fiscal years 2020-21, 2021-22, and 2022-23.
Gadkari Envisions India's Road Infrastructure Rivaling the US in the Next Five Years
Over the past nine years, the Ministry of Road Transport and Highways has awarded contracts for projects worth more than Rs 50 lakh crore. Gadkari emphasized the importance of robust infrastructure for attracting domestic and foreign capital investment, alleviating poverty, and generating employment.
Sharp up-move in IT stocks implying faster demand inflection than what Accenture commentary indicates
A soft 2Q guide despite a favourable comp, suggest trend reversal, if any, would be back-ended. In fact, lower end of Accenture’s FY24 organic growth guidance (now slightly below 0-3 per cent) implies no improvement even in 2H.
Valuations in mid & small cap segments are excessive, warn analysts
The steady rise in the US market which has helped the Dow to set a new record high, is exhibiting the same trend.
Air India Express Set to Launch Flights from Ayodhya Airport Starting December 30th
Aloke Singh, Managing Director of Air India Express, expressed excitement about launching operations from Ayodhya immediately after the airport opens.
Report Says Ola Electric and FirstCry Set to Submit Draft IPO Papers Next Week
Moneycontrol revealed that FirstCry aims to raise $500 million, with a significant 60% allocated to the offer for sale (OFS) segment and the remainder earmarked for the primary segment.
RBI Grants Razorpay and Cashfree Final Approval as Payment Aggregators
"Exciting news! Razorpay has obtained the final authorization from the Reserve Bank of India @RBI to function as a Payment Aggregator (PA) as per the Payment Settlements Act, 2007. We're proud to be among the initial Payment Gateways to secure the final PA license from RBI," Razorpay shared on X.
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