BUSINESS
EPFO Reports 7.6% Growth in Membership, Reaching 7.37 Crore
This reflects the increase in employment and business establishments in the organized sector of the Indian economy, offering a better standard of living to the workers.
Deepinder Goyal Shares with Kapil Sharma the Story Behind Zomato's Name
Deepinder recently appeared on the latest episode of the streaming sketch comedy show 'The Great Indian Kapil Show' with his wife Gia Goyal, along with businessman Narayana Murthy and his wife Sudha Murthy, who is the Rajya Sabha member.
PM Modi Expresses Deep Sense of Loss Over Ratan Tata's Absence Across Society
He remembered the late Ratan Tata who had breathed his last on 9 October. His absence, the prime minister said, is being sorely felt in every nook and corner of society-in cities and towns that are always agog with life and perhaps even in villages.
Trump Administration Could End EV Subsidies and Introduce More Industry Tariffs, Report
Trump has been very pro-tariff and plans to use tariffs to offset corporate tax cuts, which will likely impact foreign trade, according to a report by Counterpoint Research.
LIC Reports Net Profit of ₹7,621 Crore for July-September Quarter
For the quarter under review, net premium income increased by 11 percent to Rs 1.19 lakh crore against Rs 1.07 lakh crore for the same period in the previous year.
Swiggy's IPO Oversubscribed 3.59 Times on Final Day
The Swiggy IPO was subscribed 0.35 times and 0.12 times on the issue's second and first day, respectively. The qualified institutional buyers' QIBs reserve portion saw a subscription of 6.02 times; non-institutional investors NIIs portion witnessed a subscription of 0.41 times; while the retail individual investors RIIs portion subscribed at 1.14 times, and employee portion witnessed a subscription of 1.65 times.
India's Forex Reserves Reach $684.8 Billion, Gold Reserves Increase by $1.2 Billion
Gold reserves, though, part of the country's forex kitty and monitored by the central bank, increased by $1.2 billion during the week to $69.8 billion.
Indian Stock Market Opens Flat Following US Fed Rate Cut
The market trend remained in red. On NSE, as many as 746 stocks traded in the green zone, whereas 1463 traded in the red zone.
US Fed Cuts Interest Rates by 25 Basis Points Amid Weakening Labor Market
Since earlier in the year, labor market conditions have eased on net, and the unemployment rate has continued to edge up but remains low. Inflation moved somewhat closer to the Committee's 2 per cent objective but remains somewhat elevated, the Federal Open Market Committee said on Thursday in a statement.
ArcelorMittal Reports 69% Drop in Net Income to USD 287 Million in September Quarter
ArcelorMittal follows the January-December calendar as the financial year.
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