ICRA in its latest report has said that the domestic road logistics industry is expected to register a growth of up to 9 per cent in revenues in the ongoing 2024-25 financial year (FY25). The organised road logistics sector had witnessed a growth 4.6 per cent in the 2023-24 fiscal year. As per ICRA, the … Read more
Led by robust two-wheeler (2W) retail sales, the Indian automobile market saw 6.55 per cent growth (year-on-year) in the first six month of current fiscal (FY25), as rural markets are set to spur demand going forward, a report showed on Monday. The Federation of Automobile Dealers Associations (FADA) said that the April-September period saw 9.08 … Read more
Bandhan Bank is currently trading at Rs. 188.05, up by 1.15 points or 0.62% from its previous closing of Rs. 186.90 on the BSE. The scrip opened at Rs. 190.00 and has touched a high and low of Rs. 192.30 and Rs. 187.80 respectively. So far 283093 shares were traded on the counter. The BSE … Read more
Vice-President Jagdeep Dhankhar has said that the nation presently is in unprecedented economic upsurge and will be a developed nation by 2047. He was talking at the Felicitation ceremony of Dr Karan Singh on the completion of 75 Years in Public Life at the India International Centre (IIC). Dhankhar said ‘Dr Singh has over seven … Read more
Indian rupee strengthened against the US dollar on Monday followed by steady dollar in the overseas market and a drop in crude oil prices, even as stronger than expected US jobs growth data dashed hopes of aggressive rate cuts in the coming months. Investors are awaiting inflation data and comments from US Federal Reserve officials … Read more
Bharti Airtel is currently trading at Rs. 1663.00, up by 22.25 points or 1.36% from its previous closing of Rs. 1640.75 on the BSE. The scrip opened at Rs. 1656.95 and has touched a high and low of Rs. 1669.40 and Rs. 1643.65 respectively. So far 757193 shares were traded on the counter. The BSE … Read more
Godrej Properties is currently trading at Rs. 2904.80, up by 7.10 points or 0.25% from its previous closing of Rs. 2897.70 on the BSE. The scrip opened at Rs. 2930.00 and has touched a high and low of Rs. 2978.40 and Rs. 2870.00 respectively. So far 24715 shares were traded on the counter. The BSE … Read more
India's central bank is likely to keep rates steady on Wednesday, with a small number of investors betting on the probability of a change in stance to neutral, opening the door to rate cuts as economic growth slows and global rates ease. The Reserve Bank of India (RBI) is seen maintaining the repo rate at … Read more
With the festive season in full swing, Artificial Intelligence (AI), quick-commerce, and the rise of micro-influencers are some factors playing a leading role in influencing festive purchases this year, finds a report on Monday. The report, commissioned by social media giant Meta and conducted in September by consumer insights platform GWI, indicates an optimism in … Read more
India Inc saw 551 deals worth $19 billion in the July-September period, clocking highest quarterly deal volumes in two years, a report showed on Monday. The three-month period (Q3 2024) also saw 25 initial public offerings (IPOs) valued at $4.1 billion, according to Grant Thornton Bharat Dealtracker. There were 214 mergers and acquisitions valued at … Read more