Indian rupee strengthened marginally against the US dollar on Thursday as weak crude oil prices and suspected intervention by the Reserve Bank of India supported rupee sentiments. Meanwhile, participants are awaiting US economic data to determine the number of interest rate cuts by the US Federal Reserve in the near term. However, some gains were … Read more
Global Capability Centers (GCCs), which have emerged as significant employers of fresh talent, are expected to increase fresher hiring by 40 per cent compared to the previous year, according to a report. The report by TeamLease Digital, a tech staffing and solutions provider, reveals the latest insights on hiring trends and the tech landscape for … Read more
India’s readymade garment (RMG) exports recorded high growth of 17.3 per cent despite global headwinds and continued inflationary pressure, the Apparel Export Promotion Council (AEPC) said on Thursday. The RMG export growth in India comes as even major apparel exporting countries have witnessed a slowdown in the RMG export growth in recent months. “India is … Read more
As India kicked off online festive season sales, affordable fashion and premium electronics emerged as the top-performing categories, as private consumption surged especially in the rural parts of the country, a report showed on Thursday. The festive season sale in the first leg on various online e-commerce platforms reached over Rs 54,500 crore. From September … Read more
More than five in 10 (55 per cent) of organisations in the technology, media and telecommunications (TMT) sector have successfully implemented artificial intelligence (AI) at full scale for select use cases, according to a report on Thursday. While 32 per cent of organisations are currently in the process of gradually scaling their AI initiatives and … Read more
Amber Enterprises India is currently trading at Rs. 5518.65, up by 35.75 points or 0.65% from its previous closing of Rs. 5482.90 on the BSE. The scrip opened at Rs. 5499.95 and has touched a high and low of Rs. 5567.85 and Rs. 5375.00 respectively. So far 7351 shares were traded on the counter. The … Read more
Credit rating agency ICRA has projected the combined capital spending of a sample of 13 major state governments to expand by 13% to Rs 6.5 trillion in FY25. However, this entails a miss, relative to the FY25 Budget Estimate (BE) of Rs 7.2 trillion, following a dull start to the capex in the initial months … Read more
Trident Texofab is currently trading at its upper circuit limit of Rs. 74.89, up by 12.48 points or 20.00% from its previous closing of Rs. 62.41 on the BSE. The scrip opened at Rs. 74.89 and has touched a high and low of Rs. 74.89 and Rs. 74.89 respectively. So far 262299 shares were traded … Read more
Seven out of 10 (70 per cent) Indians consider gold as a safe asset that positively influences their savings habits, a survey report said. According to the Moneyview survey, "over 85 per cent of the 3,000 respondents consider gold a valuable asset for wealth preservation, with its intrinsic value and historical performance continuing to drive … Read more
Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday invited industrialists to the state, saying there's never been a better time to invest there. Day after the state Cabinet approved six new policies, Naidu took to X to extend an open invitation to industrialists and investors. "Respected Industrialists & Investors, Andhra Pradesh is now OPEN … Read more