Revenue of consumer durable manufacturers in India is projected to rise 11-12 per cent this fiscal (FY25), continuing the healthy run after a strong 13 per cent growth last fiscal, according to a report on Thursday. A Crisil Ratings report said this will ride on rising adoption of consumer durable financing, which supports the trend … Read more
LTIMindtree is currently trading at Rs. 5909.50, up by 32.90 points or 0.56% from its previous closing of Rs. 5876.60 on the BSE. The scrip opened at Rs. 5875.00 and has touched a high and low of Rs. 5931.40 and Rs. 5845.40 respectively. So far 1129 shares were traded on the counter. The BSE group … Read more
India's Data Centre Industry is poised to surge 66 per cent by 2026, driven primarily by artificial intelligence (AI) and the nationwide rollout of 5G technology, according to real estate advisory firm JLL India. The country’s Data Centre industry is expected to add a staggering 604 MW capacity, requiring 7.3 million square feet and USD … Read more
The total number of new jobs created by micro, small and medium enterprises (MSMEs) in the country has gone up by close to 10 crore in the last 15 months, official data recorded on the government’s Udyam portal showed. According to the figures, the number of registered MSMEs has now gone up to 5.49 crore … Read more
Tata Power Company is currently trading at Rs. 408.75, up by 0.65 points or 0.16% from its previous closing of Rs. 408.10 on the BSE. The scrip opened at Rs. 412.00 and has touched a high and low of Rs. 412.00 and Rs. 397.50 respectively. So far 607648 shares were traded on the counter. The … Read more
Indian rupee weakened against the US dollar on Thursday amid volatile crude oil prices, sluggish domestic equity markets and persistent foreign fund outflows as investors trimmed hopes of aggressive rate cuts by the US Federal Reserve. Foreign Institutional Investors were net sellers in the capital markets on Tuesday, as they offloaded shares worth Rs 3,411.73 … Read more
The growth in economic activity in India improved markedly to an eight-month high of 10.1 per cent in October from 6.6 per cent in September, despite an unfavourable base, according to a report on Thursday. The strengthening in growth momentum was led by the favourable impact of the departure of monsoon on sectors like mining … Read more
Women in the gem and jewellery industry possess immense potential and are driving innovation and growth in the gem and jewellery sector, said former Union Minister Smriti Irani. She said this at an event organised by the Gem and Jewellery Export Promotion Council (GJEPC) in New Delhi. The event highlighted the critical role of women … Read more
The Indian stock market opened in red on Thursday amid rising Russia-Ukraine war tensions. Heavy selling was seen in the PSU bank sector in early trade and Nifty PSU Bank was down by more than 4 per cent. In early trade at 9:43 a.m., Sensex was trading at 76,968.28 after slipping 610.10 points or 0.79 … Read more
Indian Hotels Company is currently trading at Rs. 765.50, up by 12.10 points or 1.61% from its previous closing of Rs. 753.40 on the BSE. The scrip opened at Rs. 760.00 and has touched a high and low of Rs. 768.00 and Rs. 754.20 respectively. So far 80319 shares were traded on the counter. The … Read more