BUSINESS
Sensex, Nifty Drop Over 1% Amid Global Risk Concerns
The market trend remained negative. In the National Stock Exchange, 340 stocks were trading in green, while 2,047 stocks were in red.
Report Forecasts Accelerated Industrial Growth and Eased Inflation in H2 of 2024-25
"So far, high food inflation, elevated interest rates and slowing credit growth have affected consumption recovery. However, with food inflation showing signs of easing, the space for discretionary consumption is expected to rise," the report states.
India's Industrial Production Grows 3.5% in October 2024, Shows Data
The sector plays a key role in providing quality jobs to the young graduates passing out from the country's engineering institutes and universities.
69% of $1 Trillion FDI into India Received in the Last Decade: Government
This landmark achievement was supported by a nearly 26 per cent increase in FDI to $42.1 billion during the first half of the current fiscal year," the review said.
Top 50 Stocks' Share in Total Market Cap Hits All-Time Low: Report
The December edition of the DSP Netra report said, "Large-cap stocks are now at their smallest share of total market capitalisation. The share of the top 50 or top 10 stocks relative to the total market has hit an all-time low, presenting a rare opportunity for investors."
Income Tax Refunds Surge 46.3% to Rs 3.04 Lakh Crore in April-November
In the corresponding period last year between April 1, 2023, and November 30, 2023, refunds totalling Rs 2.03 lakh crore were issued, reflecting the Ministry's concerted efforts to expedite the process this year. The statement added that CBDT played a crucial role in achieving this milestone.
Disheartening to Witness Parliament Disruptions Over Wealth Creators: Sadhguru
"It is really very disheartening to witness disturbances in Parliament at a time when we want to stand tall and be a shining example for democracy for the world, sir," the spiritual guru said.
Vishal Mega Mart IPO Sees 51% Subscription on Day 1
The initial share sale received bids for 38.59 crore shares against 75.67 crore shares on offer, as per NSE data.
India Opposes China-Led Investment Facilitation Proposal at WTO: Official
A China-led group of 128 countries is pushing for the Investment Facilitation for Development (IFD) proposal. The proposal will be binding for only the signatory members.
Adani to Self-Finance Sri Lankan Port Project, Withdraws Request for US DFC Funding
“We would like to inform that Colombo West International Terminal (CWIT) project in Sri Lanka is progressing well and is on track for commissioning by early next year,” said the flagship Adani Group company.
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