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Australia, NZ dlrs rise on Trump comments; yen steady before BOJ The Australian and New Zealand dollars rose on Friday as did the yuan, reacting to comments from U.S. President Donald Trump that suggested a softer stance on tariffs against China, while the yen was on guard ahead of a Bank of Japan (BOJ) rate decision. Trump said in an interview with Fox News aired on Thursday evening that he would rather not have to use tariffs over China, adding that he thought he could reach a trade deal with the world's second-largest economy. The Australian d...
Australia, NZ dlrs rise on Trump comments; yen steady before BOJ
Australia, NZ dlrs rise on Trump comments; yen steady before BOJ
Source: Reuters
2025-01-24 08:59:18 am
Indian shares set to open higher after Trump roots for lower U.S. rates Indian shares are set to open higher on Friday, tracking other Asian peers, after U.S. President Donald Trump said he would push for lower interest rates, while caution prevailed due to moderate domestic earnings and concerns over U.S. tariff plans. The GIFT Nifty futures were trading at 23,304.5, as of 7:38 a.m. IST, indicating that the blue-chip NSE Nifty 50 will open above Thursday's close of 23,205.35. Other Asian markets inched higher, with the MSCI Asia ex-Japan index rising 0...
Indian shares set to open higher after Trump roots for lower U.S. rates
Indian shares set to open higher after Trump roots for lower U.S. rates
Source: Reuters
2025-01-24 08:56:36 am
Asia shares buoyed by Trump's China comments, yen awaits BOJ Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following comments from President Donald Trump, while the yen steadied ahead of a widely expected hike from the Bank of Japan. In a sign of policies to come, Trump told business leaders at the World Economic Forum in Davos, Switzerland, on Thursday that he wants to lower global oil prices, interest rates and taxes, and warned of tariffs on exports to the United States. "I...
Asia shares buoyed by Trump's China comments, yen awaits BOJ
Asia shares buoyed by Trump's China comments, yen awaits BOJ
Source: Reuters
2025-01-24 08:55:13 am
FIIs stood as net sellers in equities as per January 23 data: NSDL The FIIs as per Thursday's data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL.  In equity segment, the gross buying was of Rs 14399.56 crore against gross selling of Rs 17417.61 crore. Thus, FIIs stood as net sellers of Rs 3018.05 crore in equities. In the debt segment, the gross purchase was of Rs 3272.30 crore with gross sales of Rs 1621.09 crore. Thus, FIIs stood as net buyers of Rs 1651.21 crore in deb...
FIIs stood as net sellers in equities as per January 23 data: NSDL
FIIs stood as net sellers in equities as per January 23 data: NSDL
Source: Accord Fintech
2025-01-23 06:21:12 pm
Indian drugmaker Dr Reddy's misses Q3 profit view on weak pricing in US Indian generic drugmaker Dr Reddy's Laboratories reported third-quarter profit below expectations on Thursday, hurt by pricing pressure in the competitive North American market, their biggest revenue segment. The company reported a 2.3% rise in its consolidated net profit at 14.14 billion rupees ($163.7 million) for the quarter ended Dec. 31, missing analysts' average estimate of 14.89 billion rupees, as per data compiled by LSEG. Indian generic drugmakers have been struggling w...
Indian drugmaker Dr Reddy's misses Q3 profit view on weak pricing in US
Indian drugmaker Dr Reddy's misses Q3 profit view on weak pricing in US
Source: Reuters
2025-01-23 05:56:53 pm
Inflation burden eases further for farm and rural workers  The year-on-year inflation rates based on the all-India Consumer Price Index for Agricultural Labourers and Rural Labourers in December 2024 declined to 5.01 per cent and 5.05 per cent, respectively, compared to the corresponding figures of 7.71 per cent and 7.46 per cent in the same month of the previous year, according to data released by the Ministry of Labour and Employment on Thursday.  The inflation rate for both categories of labourers has been coming down over the last f...
Inflation burden eases further for farm and rural workers
Inflation burden eases further for farm and rural workers
Source: IANS
2025-01-23 05:52:44 pm
India set to raise farm budget by over 15%, biggest increase in six years India plans to increase spending for the agriculture sector by about 15% to around $20 billion in next month's budget, two government sources said, marking the biggest increase in six years, as it tries to boost rural incomes and curb inflation. The additional cash would be directed to developing high-yielding seed varieties, increasing storage and supply infrastructure, and boosting production of pulse crops, oilseeds, vegetables, and dairy products, the sources said. The sources a...
India set to raise farm budget by over 15%, biggest increase in six years
India set to raise farm budget by over 15%, biggest increase in six years
Source: Reuters
2025-01-23 05:13:33 pm
US fintech firm Broadridge to boost India headcount by 26% in 3 years, top exec says U.S. fintech firm Broadridge Financial will expand its India tech staff by 26% to 6,800 people over three years as it gears up to sell its products in the world's most populous nation, a top executive told Reuters. The firm, which counts JPMorgan Chase & Co, Bank of America and Wells Fargo among its clients, currently only has tech centres in India. It plans to sell its products locally in the "near term" through an acquisition strategy, India Managing Director Sheenam...
US fintech firm Broadridge to boost India headcount by 26% in 3 years, top exec says
US fintech firm Broadridge to boost India headcount by 26% in 3 years, top exec says
Source: Reuters
2025-01-23 05:02:32 pm
Adani Energy Solutions clocks robust 80 pc PAT growth in Q3, revenue up 24 pc Adani Energy Solutions Ltd (AESL) on Thursday reported an impressive almost 80 per cent profit after tax (PAT) growth at Rs 625 crore in the third quarter (Q3) of FY25, from Rs 348 crore in the year-ago period.  Adjusted Q3 PAT stood at Rs 440 crore and up 26 per cent YoY, aided by a one-time reversal of net deferred tax liability of Rs 185 crore, mainly due to the divestment of Dahanu plant in AEML (Adani Electricity Mumbai Limited). The robust growth of 24 per cent in total incom...
Adani Energy Solutions clocks robust 80 pc PAT growth in Q3, revenue up 24 pc
Adani Energy Solutions clocks robust 80 pc PAT growth in Q3, revenue up 24 pc
Source: IANS
2025-01-23 04:51:59 pm
AI technologies set to revolutionise Indian businesses this year India is expected to witness a transformative shift in its technological landscape this year, driven by advancements in artificial intelligence (AI) and generative AI (GenAI), a report said on Thursday.  The Indian organisations are rapidly adopting AI technologies across key domains such as automation, cybersecurity, robotics, and supply chain management, said Capgemini Research Institute’s report. Nearly 80 per cent of surveyed Indian organisations are planning to initiate ...
AI technologies set to revolutionise Indian businesses this year
AI technologies set to revolutionise Indian businesses this year
Source: IANS
2025-01-23 04:27:53 pm
WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs  IT major Infosys Limited will expand its presence in Hyderabad to create 17,000 jobs.   The announcement was made at the World Economic Forum (WEF) in Davos following the meeting of Infosys CFO Jayesh Sanghrajka with the Telangana IT and Industries Minister D. Sridhar Babu on Thursday. The state government and Infosys agreed to further strengthen their strategic partnership with the expansion of Infosys' IT campus at Pocharam. The expansion plans will create an additio...
WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs
WEF 2025: Infosys to expand Hyderabad campus, create 17,000 jobs
Source: IANS
2025-01-23 04:22:35 pm
Used car sales in India likely to touch 10.8 million in 2030 The used car market in India is projected to grow from 4.6 million sales in 2023 to 10.8 million by 2030, cruising ahead with an impressive compound annual growth rate (CAGR) of 13 per cent, according to a report on Thursday.  2024 emerged as a milestone year where used-car sales dominated new car sales with a remarkable ratio of 1.3:1. The used-car market trends witnessed an increase in eco-conscious buyers as EV sales increased 5X in 2024 with Maharashtra, Karnataka, and Delhi le...
Used car sales in India likely to touch 10.8 million in 2030
Used car sales in India likely to touch 10.8 million in 2030
Source: IANS
2025-01-23 04:17:35 pm
South West Pinnacle Exploration climbs on signing agreement for exploration & mining of block 22B South West Pinnacle Exploration is currently trading at Rs. 138.30, up by 4.55 points or 3.40% from its previous closing of Rs. 133.75 on the BSE. The scrip opened at Rs. 139.95 and has touched a high and low of Rs. 140.50 and Rs. 133.40 respectively. So far 14502 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 183.95 on 05-Feb-2024 and a 52 week low of Rs. 97.30 on 30-May-2024. Last one week high and low of th...
South West Pinnacle Exploration climbs on signing agreement for exploration & mining of block 22B
South West Pinnacle Exploration climbs on signing agreement for exploration & mining of block 22B
Source: Accord Fintech
2025-01-23 04:09:18 pm
Tata Teleservices moves up on getting nod to acquire 26% stake in P&T Renewable Energy Tata Teleservices (Maharashtra) is currently trading at Rs. 76.37, up by 0.41 points or 0.54% from its previous closing of Rs. 75.96 on the BSE. The scrip opened at Rs. 76.42 and has touched a high and low of Rs. 77.39 and Rs. 75.25 respectively. So far 514175 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 111.48 on 19-Jul-2024 and a 52 week low of Rs. 65.29 on 04-Jun-2024. Last one week high and low of the sc...
Tata Teleservices moves up on getting nod to acquire 26% stake in P&T Renewable Energy
Tata Teleservices moves up on getting nod to acquire 26% stake in P&T Renewable Energy
Source: Accord Fintech
2025-01-23 04:06:45 pm
Tips Music zooms on reporting 28% rise in net profit for Q3FY25 Tips Music is currently trading at Rs. 693.85, up by 48.10 points or 7.45% from its previous closing of Rs. 645.75 on the BSE. The scrip opened at Rs. 636.85 and has touched a high and low of Rs. 698.25 and Rs. 636.85 respectively. So far 50075 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 950.00 on 06-Nov-2024 and a 52 week low of Rs. 345.50 on 04-Jun-2024. Last one week high and low of the scrip stood at Rs....
Tips Music zooms on reporting 28% rise in net profit for Q3FY25
Tips Music zooms on reporting 28% rise in net profit for Q3FY25
Source: Accord Fintech
2025-01-23 03:55:22 pm
India fast-developing country but development needs to be inclusive, equitable: Rajnath Singh Raksha Mantri Rajnath Singh has said that India is a fast-developing country, but its development needs to be inclusive, equitable, ecologically sustainable and morally desirable without compromising the planet’s health. He asserted that the country’s consumption should be need-based and not greed-based, stressing that behaviors need to change to ensure sustainability. There is a need to do away with the ‘use-and-dispose’ economy. Singh also pointed out that India&r...
India fast-developing country but development needs to be inclusive, equitable: Rajnath Singh
India fast-developing country but development needs to be inclusive, equitable: Rajnath Singh
Source: Accord Fintech
2025-01-23 03:22:23 pm
India’s construction sector projected to scale $1.4 trillion by 2047; experts focus on green tech India’s construction sector, which is growing exponentially, is projected to reach $1.4 trillion by 2047, according to Shailesh Kumar Agarwal, Executive Director, Building Materials and Technology Promotion Council under the Ministry of Housing and Urban Affairs.  He was speaking at the Indo-German sponsored Asia Low-Carbon Building Transition (ALCBT) Project event on an orientation programme to promote sustainable construction practices and reduce carbon emissions. Agarwal f...
India’s construction sector projected to scale $1.4 trillion by 2047; experts focus on green tech
India’s construction sector projected to scale $1.4 trillion by 2047; experts focus on green tech
Source: IANS
2025-01-23 02:16:33 pm
HDFC Life surges on tying up with CARS24 Financial Services HDFC Life Insurance Company is currently trading at Rs. 623.35, up by 5.20 points or 0.84% from its previous closing of Rs. 618.15 on the BSE. The scrip opened at Rs. 616.10 and has touched a high and low of Rs. 625.00 and Rs. 612.35 respectively. So far 10079 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 760.95 on 03-Sep-2024 and a 52 week low of Rs. 511.10 on 04-Jun-2024. Last one week high and low of the s...
HDFC Life surges on tying up with CARS24 Financial Services
HDFC Life surges on tying up with CARS24 Financial Services
Source: Accord Fintech
2025-01-23 02:09:31 pm
IndiGo flies high on launching new flights between Mumbai - Jharsuguda Interglobe Aviation is currently trading at Rs. 4124.35, up by 115.35 points or 2.88% from its previous closing of Rs. 4009.00 on the BSE. The scrip opened at Rs. 4019.95 and has touched a high and low of Rs. 4193.35 and Rs. 4000.00 respectively. So far 18268 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5033.20 on 12-Sep-2024 and a 52 week low of Rs. 2844.45 on 25-Jan-2024. Last one week high and low of the ...
IndiGo flies high on launching new flights between Mumbai - Jharsuguda
IndiGo flies high on launching new flights between Mumbai - Jharsuguda
Source: Accord Fintech
2025-01-23 02:07:07 pm
Union Budget 2025 may introduce changes in income tax slabs: Nomura Global financial services company Nomura on Thursday said the Centre will focus on both fiscal consolidation and growth-supportive measures in the upcoming Union Budget for 2025-2026, predicting that the government may introduce changes to the personal income tax slabs to encourage consumer spending.  Nomura expects India to surpass its fiscal deficit target for the financial year 2025, estimating the deficit at 4.8 per cent of the GDP, slightly lower than the earlier forecast of 4.9 ...
Union Budget 2025 may introduce changes in income tax slabs: Nomura
Union Budget 2025 may introduce changes in income tax slabs: Nomura
Source: IANS
2025-01-23 02:03:36 pm
India`s airlines log 6 pc rise in traffic with 16 crore flyers on domestic routes in 2024 India’s domestic air passenger traffic rose by 6.12 per cent to 16.13 crore in 2024 from 15.2 crore in the previous year, according to the latest data compiled by the Directorate General of Civil Aviation (DGCA).  The country’s commercial airlines also flew more than 1.49 crore passengers on domestic routes in December 2024, which represents an increase of 8.19 per cent compared to the corresponding figure of 1.38 crore for December 2023. In December, the market share o...
India`s airlines log 6 pc rise in traffic with 16 crore flyers on domestic routes in 2024
India`s airlines log 6 pc rise in traffic with 16 crore flyers on domestic routes in 2024
Source: IANS
2025-01-23 01:50:05 pm
Expressways to drive significant growth in 30 Indian cities by 2035, Nagpur leads Amid an unprecedented expansion of road infrastructure, including expressways, India now has 30 cities with significant growth potential beyond well-established locations that show land price growth of up to 5.2 times by 2035, a report showed on Thursday.  Led by Nagpur and followed by Jaipur and Lucknow, these three emerging cities are anticipated to establish a strong presence in India’s real estate market in the coming years, according to the report by Colliers. The analys...
Expressways to drive significant growth in 30 Indian cities by 2035, Nagpur leads
Expressways to drive significant growth in 30 Indian cities by 2035, Nagpur leads
Source: IANS
2025-01-23 01:45:57 pm
CII calls for comprehensive review of recognition of intangible assets as India transitions towards digital economy The Confederation of Indian Industry (CII) has called for a comprehensive review of the recognition and accounting of intangible assets as India transitions towards a digital economy. According to CII, intangible assets are crucial for value creation in modern business models, especially in sectors like Software as a Service (SaaS), Platform as a Service (PaaS), blockchain platforms, and advanced manufacturing. However, the current accounting standards, particularly India’s Financial Re...
CII calls for comprehensive review of recognition of intangible assets as India transitions towards digital economy
CII calls for comprehensive review of recognition of intangible assets as India transitions towards digital economy
Source: Accord Fintech
2025-01-23 12:47:54 pm
Pidilite Industries shines on reporting 9% rise in Q3 consolidated net profit Pidilite Industries is currently trading at Rs. 2980.00, up by 225.80 points or 8.20% from its previous closing of Rs. 2754.20 on the BSE. The scrip opened at Rs. 2792.60 and has touched a high and low of Rs. 2996.00 and Rs. 2792.60 respectively. So far 46204 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3414.40 on 30-Sep-2024 and a 52 week low of Rs. 2,503.40 on 2-Jan-2024. Last one week high and low of the s...
Pidilite Industries shines on reporting 9% rise in Q3 consolidated net profit
Pidilite Industries shines on reporting 9% rise in Q3 consolidated net profit
Source: Accord Fintech
2025-01-23 12:43:29 pm
Avenue Supermarts trades higher on the BSE Avenue Supermarts is currently trading at Rs. 3588.40, up by 29.10 points or 0.82% from its previous closing of Rs. 3559.30 on the BSE. The scrip opened at Rs. 3559.30 and has touched a high and low of Rs. 3607.00 and Rs. 3529.45 respectively. So far 1678 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5484.00 on 24-Sep-2024 and a 52 week low of Rs. 3400.00 on 20-Dec-2024. Last one week high and low of the scri...
Avenue Supermarts trades higher on the BSE
Avenue Supermarts trades higher on the BSE
Source: Accord Fintech
2025-01-23 12:39:33 pm
Zydus Lifesciences rises on securing Orphan Drug Designation for Usnoflast to treat ALS Zydus Lifesciences is currently trading at Rs. 990.45, up by 11.60 points or 1.19% from its previous closing of Rs. 978.85 on the BSE. The scrip opened at Rs. 981.95 and has touched a high and low of Rs. 996.75 and Rs. 976.65 respectively. So far 8817 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1323.90 on 09-Aug-2024 and a 52 week low of Rs. 726.80 on 24-Jan-2024. Last one week high and low of the scrip stoo...
Zydus Lifesciences rises on securing Orphan Drug Designation for Usnoflast to treat ALS
Zydus Lifesciences rises on securing Orphan Drug Designation for Usnoflast to treat ALS
Source: Accord Fintech
2025-01-23 12:37:35 pm
Rupee weakens against US dollar on Thursday Indian rupee weakened against the US dollar on Thursday as the American currency strengthened marginally against its major peers overseas. Meanwhile dollar demand from importers, persistent foreign fund outflows by foreign investors, and uncertainty around trade policies on new US President Donald Trump have also weighed on domestic currency. Foreign Institutional Investors remained net sellers in the capital markets on Wednesday, offloading shares worth Rs 4,026.25 crore, exchange data showe...
Rupee weakens against US dollar on Thursday
Rupee weakens against US dollar on Thursday
Source: Accord Fintech
2025-01-23 11:50:13 am
Torrent Power shines as its arm incorporates wholly owned subsidiary Torrent Power is currently trading at Rs. 1440.25, up by 49.70 points or 3.57% from its previous closing of Rs. 1390.55 on the BSE. The scrip opened at Rs. 1390.55 and has touched a high and low of Rs. 1458.00 and Rs. 1383.10 respectively. So far 10934 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2037.35 on 22-Oct-2024 and a 52 week low of Rs. 970.60 on 24-Jan-2024. Last one week high and low of the scrip st...
Torrent Power shines as its arm incorporates wholly owned subsidiary
Torrent Power shines as its arm incorporates wholly owned subsidiary
Source: Accord Fintech
2025-01-23 11:14:20 am
RPP Infra Projects rises on getting LoA worth Rs 28.77 crore for Jharkhand project RPP Infra Projects is currently trading at Rs. 179.00, up by 0.85 points or 0.48% from its previous closing of Rs. 178.15 on the BSE. The scrip opened at Rs. 181.70 and has touched a high and low of Rs. 181.75 and Rs. 172.55 respectively. So far 4812 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 255.00 on 18-Dec-2024 and a 52 week low of Rs. 97.05 on 14-Mar-2024. Last one week high and low of the scrip stood ...
RPP Infra Projects rises on getting LoA worth Rs 28.77 crore for Jharkhand project
RPP Infra Projects rises on getting LoA worth Rs 28.77 crore for Jharkhand project
Source: Accord Fintech
2025-01-23 11:12:35 am
Investments by Indian firms surge 39 pc to Rs 32 lakh crore in April-Dec 2024: SBI  Indian companies have announced investments of over Rs 32 lakh crore during the first nine months (April-December) of the current financial year, which represents a 39 per cent jump compared to the corresponding figure of Rs 23 lakh crore for the same period of the previous financial year, according to a State Bank of India (SBI) report.  A strong pipeline of Rs 13.63 lakh crore in work-in-progress capital, as of March 2024, reflects a strong growth momentum in the coming years,...
Investments by Indian firms surge 39 pc to Rs 32 lakh crore in April-Dec 2024: SBI
Investments by Indian firms surge 39 pc to Rs 32 lakh crore in April-Dec 2024: SBI
Source: IANS
2025-01-23 11:10:05 am
Persistent Systems trades jubilantly on reporting 30% rise in consolidated net profit Persistent Systems is currently trading at Rs. 6229.25, up by 543.90 points or 9.57% from its previous closing of Rs. 5685.35 on the BSE. The scrip opened at Rs. 5828.85 and has touched a high and low of Rs. 6253.85 and Rs. 5797.70 respectively. So far 68574 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 6788.80 on 20-Dec-2024 and a 52 week low of Rs. 3232.60 on 04-Jun-2024. Last one week high and low of the sc...
Persistent Systems trades jubilantly on reporting 30% rise in consolidated net profit
Persistent Systems trades jubilantly on reporting 30% rise in consolidated net profit
Source: Accord Fintech
2025-01-23 11:01:42 am
Krystal Integrated Services soars on bagging facility management contracts for airports, metro infrastructure Krystal Integrated Services is currently trading at Rs. 653.95, up by 12.90 points or 2.01% from its previous closing of Rs. 641.05 on the BSE. The scrip opened at Rs. 635.80 and has touched a high and low of Rs. 659.15 and Rs. 635.80 respectively. So far 1601 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1023.75 on 12-Apr-2024 and a 52 week low of Rs. 629.00 on 22-Jan-2025. Last one week high and low of the ...
Krystal Integrated Services soars on bagging facility management contracts for airports, metro infrastructure
Krystal Integrated Services soars on bagging facility management contracts for airports, metro infrastructure
Source: Accord Fintech
2025-01-23 10:55:43 am
India emerges as most trusted place amid disruptions across the word: Ashwini Vaishnaw Union minister Ashwini Vaishnaw has said India has emerged as the most trusted place amid disruptions across the word. He said that global investors and leaders are convinced about India's potential. He stated ‘Despite all the disruptions across the world, India has emerged as a trusted place. This is a country that believes in peace, inclusion and growth for everyone.’ Talking on the sidelines of the World Economic Forum Annual Meeting in Davos, he said India has a strong ...
India emerges as most trusted place amid disruptions across the word: Ashwini Vaishnaw
India emerges as most trusted place amid disruptions across the word: Ashwini Vaishnaw
Source: Accord Fintech
2025-01-23 10:52:36 am
SK hynix reports record Q4 earnings on rising demand for AI chips  South Korean chipmaking giant SK hynix said on Thursday its fourth-quarter earnings hit a record high on rising demand for artificial intelligence (AI) chips, including high bandwidth memory (HBM), sharply beating market expectations.  Its 2024 revenues and operating profits also broke previous records, the company said. The world's second-largest memory chipmaker said in a regulatory filing that its fourth-quarter net income reached 8 trillion won ($5.6 billion), shiftin...
SK hynix reports record Q4 earnings on rising demand for AI chips
SK hynix reports record Q4 earnings on rising demand for AI chips
Source: IANS
2025-01-23 10:46:47 am
Fineotex Chemical soars on the BSE Fineotex Chemical is currently trading at Rs. 344.20, up by 6.85 points or 2.03% from its previous closing of Rs. 337.35 on the BSE. The scrip opened at Rs. 342.25 and has touched a high and low of Rs. 346.80 and Rs. 338.20 respectively. So far 39413 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 458.00 on 19-Feb-2024 and a 52 week low of Rs. 277.35 on 13-Jan-2025. Last one week high and low of the scrip stood ...
Fineotex Chemical soars on the BSE
Fineotex Chemical soars on the BSE
Source: Accord Fintech
2025-01-23 10:43:32 am
Big step for jute-producing farmer: PM Narendra Modi on MSP hike Prime Minister Narendra Modi on Thursday said that the Centre has taken a significant step to benefit farmers in the jute-producing sector, including in West Bengal, by approving a hike in the Minimum Support Price (MSP) of raw jute for the 2025-26 marketing season.    Taking to X, PM Modi said, "Our government has taken a big step in the interest of jute-producing farmer brothers and sisters across the country. An increase in the MSP of raw jute has been approved for the ye...
Big step for jute-producing farmer: PM Narendra Modi on MSP hike
Big step for jute-producing farmer: PM Narendra Modi on MSP hike
Source: IANS
2025-01-23 10:32:08 am
Gold eases on dollar strength amid Donald Trump policy concerns  Gold prices eased on Thursday from a near three-month peak, as the dollar gained, while investors awaited further direction from U.S. President Donald Trump's administration regarding trade policies. Spot gold eased 0.1% to $2,751.87 per ounce by 0307 GMT. Prices rose to $2,763.43 on Wednesday, their highest since Oct. 31 when they hit a record high of $2,790.15. U.S. gold futures shed 0.3% to $2,761.70. "It's just a technical pullback because the dollar has been t...
Gold eases on dollar strength amid Donald Trump policy concerns
Gold eases on dollar strength amid Donald Trump policy concerns
Source: Reuters
2025-01-23 10:16:05 am
Odisha government constitutes Sixth State Finance Commission  The Odisha government on Wednesday constituted the 6th State Finance Commission(SFC). The Odisha Finance Department has issued a formal notification regarding the formation of the 6th SFC under the Chairmanship of retired IAS officer, Arun Kumar Panda.  The commission comprises four members, including Prof Asit Ranjan Mohanty of Xavier Institute of Management, Bhubaneswar, Prof Amaresh Samantray, Department of Economics Pondicherry University, Dr. Bibhu Prasad Nayak, Professor a...
Odisha government constitutes Sixth State Finance Commission
Odisha government constitutes Sixth State Finance Commission
Source: IANS
2025-01-23 10:11:05 am
India to expand its maritime capacity six-fold: Sarbananda Sonowal  Union Minister Sarbananda Sonowal on Wednesday said that India is expanding its port capacity more than six-fold to reach 10,000 million tonnes per annum by 2047, marking the country's largest-ever maritime infrastructure drive as it positions itself as a global shipping hub.  Speaking at the FICCI Maritime Conference and Expo in Mumbai on Wednesday, Sonowal revealed that major ports are already handling 820 MMT of cargo annually, representing a 47 per cent increase since 20...
India to expand its maritime capacity six-fold: Sarbananda Sonowal
India to expand its maritime capacity six-fold: Sarbananda Sonowal
Source: IANS
2025-01-23 09:59:59 am
WEF Summit Davos: Maha government inks 54 MoUs with investment proposals worth Rs 15.7 lakh crore The Maharashtra government has signed 54 MoUs for investment proposals worth a record Rs 15.7 lakh crore that will create 15.95 lakh jobs in the state.    These MoUs were inked in the presence of Chief Minister Devendra Fadnavis and senior bureaucrats on Tuesday and Wednesday at the sidelines of the World Economic Forum at Davos. The Chief Minister’s office said that of the Rs 15.7 lakh crore worth of MoUs, the Department of Industries signed MoUs of Rs 11.71 lakh cro...
WEF Summit Davos: Maha government inks 54 MoUs with investment proposals worth Rs 15.7 lakh crore
WEF Summit Davos: Maha government inks 54 MoUs with investment proposals worth Rs 15.7 lakh crore
Source: IANS
2025-01-23 09:50:43 am
Ashwini Vaishnaw highlights vision of New India matching global best at WEF 2025  Minister of Railways, Electronics & IT Ashwini Vaishnaw has highlighted the vision of a New India with its transformative rail initiatives and sustainable infrastructure growth in his meetings with global industry leaders at the World Economic Forum 2025. “With Prime Minister Narendra Modi benchmarking India’s efforts to the global best…There is a lot of interest around the world for our made-in-India products,” Vaishnaw, the leader of the Indian delegati...
Ashwini Vaishnaw highlights vision of New India matching global best at WEF 2025
Ashwini Vaishnaw highlights vision of New India matching global best at WEF 2025
Source: IANS
2025-01-23 09:36:59 am
India`s rapid digital transformation propells nation towards Viksit Bharat ambition India's rapid digital transformation is propelling the nation toward Viksit Bharat ambition and by leveraging strategic investments in frontier technologies including AI, alongside the power of a skilled and agile workforce, India is setting new benchmarks in the global digital economy, a report said on Wednesday. The report titled ‘India’s Digital Dividend: A Strategic Roadmap Towards Becoming a Global Digital Leader’ was launched by KPMG on the sidelines of the Worl...
India`s rapid digital transformation propells nation towards Viksit Bharat ambition
India`s rapid digital transformation propells nation towards Viksit Bharat ambition
Source: IANS
2025-01-23 09:29:08 am
Experts see huge potential for developing India’s Blue Economy  Shipping industry experts see immense scope for India emerging as a Blue Economy as the country occupies an important position in the global maritime industry with a coastline spanning 7517 kilometres that is home to 12 major ports and around 200 non-major ports handling around 1550 million tons of cargo per year. Besides, the country has 2 million square kilometres of rich and varied resources in its exclusive economic zones.  “As much as 95 per cent of India's trade ...
Experts see huge potential for developing India’s Blue Economy
Experts see huge potential for developing India’s Blue Economy
Source: IANS
2025-01-23 09:21:10 am
Tata Motors looks to local battery play as EV competition rises Tata Motors, India's biggest electric car maker, is betting that locally manufactured EV batteries will help it maintain its edge in an industry where competition is intensifying with new launches, its group CFO said in an interview. Tata's EV market lead shrunk to 62% in 2024 from 73% a year ago as rival JSW MG Motor gained share with its new cars. This year, Mahindra & Mahindra, Hyundai Motor and market leader Maruti Suzuki will also launch EVs in India. Global EV giant Tesla...
Tata Motors looks to local battery play as EV competition rises
Tata Motors looks to local battery play as EV competition rises
Source: Reuters
2025-01-23 09:05:52 am
Oil prices extend losses on uncertainty over Donald Trump tariff impact Oil prices dipped in early trade on Thursday, extending losses amid uncertainty over how proposed tariffs by U.S. President Donald Trump on several countries would impact global economic growth and energy demand. Brent crude futures fell 23 cents, or 0.3%, to $78.79 a barrel at 0135 GMT, while U.S. West Texas Intermediate crude (WTI) eased 18 cents, or 0.2%, to $75.26. In its previous session, Brent futures settled at $79.00 in a fifth straight day of losses. WTI futures settled at $75....
Oil prices extend losses on uncertainty over Donald Trump tariff impact
Oil prices extend losses on uncertainty over Donald Trump tariff impact
Source: Reuters
2025-01-23 09:01:23 am
Dollar treads water as Donald Trump tariff clarity, central banks awaited  The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more concrete announcements on tariffs from U.S. President Donald Trump. A spate of central bank policy decisions are also due over the next week, with the Bank of Japan widely expected to raise interest rates at the end of a two-day meeting on Friday. Rate decisions from the U.S. Federal Reserve and European Central Bank are scheduled for Wednesday and Thursday of next w...
Dollar treads water as Donald Trump tariff clarity, central banks awaited
Dollar treads water as Donald Trump tariff clarity, central banks awaited
Source: Reuters
2025-01-23 08:56:41 am
Asia shares helped by China uplift, Donald Trump`s tariff plans hang in the air Asia shares rose on Thursday, helped by a jump in their Chinese counterparts on Beijing's latest measures to shore up its crumbling stock market, while elsewhere, investors continued to have their eyes on U.S. President Donald Trump's policy plans. China on Thursday announced a plan to guide hundreds of billions of yuan of new capital from state-owned insurers into stocks each year, in a sign of Beijing's concern about sagging Chinese stocks, which surged on the back of the ann...
Asia shares helped by China uplift, Donald Trump`s tariff plans hang in the air
Asia shares helped by China uplift, Donald Trump`s tariff plans hang in the air
Source: Reuters
2025-01-23 08:55:58 am
India`s benchmark indexes set for flat start  India's benchmark indexes are set to open unchanged on Thursday amid caution due to uncertainty over U.S. President Donald Trump's tariff policies and worries around moderating corporate earnings. The GIFT Nifty futures were trading at 23,135, as of 7:57 a.m. IST, indicating that the blue-chip NSE Nifty 50 will open near Wednesday's close of 23,155.35. Other Asian markets traded flat as Trump threatened to hit the European Union with trade barriers and said his adminis...
India`s benchmark indexes set for flat start
India`s benchmark indexes set for flat start
Source: Reuters
2025-01-23 08:47:27 am