A joint report by the Confederation of Indian Industry (CII) and EY has said that the country’s tourism and hospitality sector is projected to require an additional 61.31 lakh workers to cater to an increasing tourism activities by 2036-37. The CII and EY in a whitepaper titled ‘Employment Landscape in Tourism and Hospitality in India’ … Read more
ITC is currently trading at Rs. 470.90, up by 0.25 points or 0.05% from its previous closing of Rs. 470.65 on the BSE. The scrip opened at Rs. 468.85 and has touched a high and low of Rs. 474.10 and Rs. 468.00 respectively. So far 146197 shares were traded on the counter. The BSE group … Read more
Gandhar Oil Refinery (India) is currently trading at Rs. 227.05, up by 1.25 points or 0.55% from its previous closing of Rs. 225.80 on the BSE. The scrip opened at Rs. 226.45 and has touched a high and low of Rs. 229.00 and Rs. 222.90 respectively. So far 4725 shares were traded on the counter. … Read more
With 100 cities leading the initiative, the Smart Cities Mission (SCM) has completed 7,380 out of 8,075 projects, with an investment of Rs 1,47,704 crore, the government said on Wednesday. As of December 13, 91 per cent of the total projects have been successfully completed, reflecting significant progress in reshaping urban landscapes across India, said … Read more
The dollar flirted with a two-year peak on Thursday after the Federal Reserve signalled a slower pace of rate cuts in 2025, while the yen blipped lower after the Bank of Japan (BOJ) stood pat on rates. The BOJ kept interest rates steady on Thursday as expected, underscoring policymakers' preference to spend more time scrutinising … Read more
Gold prices jumped more than 1% on Thursday on short-covering after dipping to the lowest in a month earlier in the session, while the market awaited key U.S. data for further cues on the Federal Reserve's policy trajectory. Spot gold gained 0.8% to $2,607.88 per ounce as of 0251 GMT. However, U.S. gold futures eased … Read more
Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would slow the pace of interest rate cuts in 2025, potentially impacting fuel demand. Brent futures fell 33 cents, or 0.45%, to $73.06 a barrel by 0107 GMT. U.S. West Texas Intermediate crude fell 36 cents, or 0.51%, to … Read more
Asian stocks slid, bond yields rose and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve cautioned it would ease the pace of rate cuts in the coming year and investors braced for a Bank of Japan policy decision. The Fed cut interest rates on Wednesday as expected, but … Read more
The Indian rupee may dip past 85 for the first time on Thursday after Federal Reserve officials signalled fewer rate cuts in 2025, sending the dollar index to its highest in two years. The one-month non-deliverable forward indicated that the rupee will open at 85.04-85.06 to the U.S. dollar compared with 84.9525 in the previous … Read more
Indian shares are likely to drop at open on Thursday after the U.S. Federal Reserve projected fewer interest rate cuts next year, citing sticky inflation and strength in the world's largest economy. The Gift Nifty futures were trading at 23,929 as of 8:01 a.m. IST, indicating that the benchmark Nifty 50 will open below Wednesday's … Read more