India’s economic growth is expected to rebound to 7 per cent in 2025-26, despite the global uncertainties, primarily due to domestic policies, according to an Axis Bank research report released on Wednesday. The report states that a cyclical rebound will push India back to a higher growth path. “The loss in momentum during the first … Read more
Lemon Tree Hotels is currently trading at Rs. 142.75, up by 2.80 points or 2.00% from its previous closing of Rs. 139.95 on the BSE. The scrip opened at Rs. 140.00 and has touched a high and low of Rs. 143.65 and Rs. 139.50 respectively. So far 418355 shares were traded on the counter. The … Read more
Indian frontline indices closed on a flat note on Wednesday as investors are waiting for November CPI (Consumer Price Index) data, which will be released by the government on Thursday. At closing, Sensex was up 16 points at 81,526 and Nifty was up 31 points at 24,641. The broader market trend was positive. On the … Read more
Indian pharmaceutical companies, which benefited from sector tailwinds such as stable generic pricing and shortage-led opportunities and stable costs of raw materials in the past 18-24 months, will make further progress in differentiated and complex generics in the US market in 2025, a report showed on Wednesday. According to a note by HSBC Global Research, … Read more
The FIIs as per Wednesday’s data were net buyers in both equity and debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 20920.38 crore against gross selling of Rs 19053.26 crore. Thus, FIIs stood as net buyers of Rs 1867.12 crore in equities. In the debt … Read more
About 8.6 lakh candidates have enrolled in IndiaAI ‘Future Skills’ initiative of the government, developed in collaboration with industry partners to provide training aligned with the latest requirements, Union Minister of Electronics and Information Technology, Ashwini Vaishnaw, said on Wednesday. In his reply to a Parliament question on the number of people who have got … Read more
As part of its continuous efforts to moderate prices of wheat, the Central government has decided to reduce the Wheat Stock limit for wholesale and retail traders, which will be applicable until March 31, 2025. The limit for wheat stocks has been reduced from 2,000 metric tonnes to 1,000 metric tonnes for wholesale traders, while … Read more
India is set to witness mega residential project launches in the first quarter of 2025 after a strong ‘upgrade’ demand in the premium segment, and developers will need to pivot towards more mid-income housing as luxury housing hits a high base, a report by HSBC Global Research showed on Wednesday. The past four years have … Read more
The Adani Portfolio of companies appear "most attractive" among Indian corporates, according to Japanese brokerage Nomura, as other Indian corporates stay at “expensive levels” compared to the Group companies. In a new report, the global brokerage said that the ports-to-power conglomerate will also be able to withstand recent turmoil brought on by allegations in an … Read more
Union Education Minister Dharmendra Pradhan has asserted that India will become a $30 trillion-economy by 2047. Pradhan said that India, the fastest-growing global economy, is currently in the fifth position and will bag the third spot in the next three years. He said ‘The world didn't even count India on the economic front when XLRI … Read more