US stock index futures were muted on Friday with all eyes on the jobs data due later in the day for further clues on how aggressive the Federal Reserve will be with its monetary policy tightening. The Labor Department’s more comprehensive jobs report due at 8:30 a.m. ET is expected to show nonfarm payrolls rose […]
Adani Group stocks rallied for the second straight day on Wednesday. The Gautam Adani-led conglomerate’s flagship firm Adani Enterprises was top gainer on the Nifty 50 index, zooming 11%, and Adani Ports and Special Economic Zone shares were also among the top gainers, soaring around 8% in early trade. Adani group companies’ market value, which […]
Indian equity indices ended Monday’s session in the green territory. The Sensex closed above 61,100 while the Nifty settled above 18,100. The top gainers of the BSE Sensex were Tata Steel (up 5.81%), Tata Motors (up 1.83%), ICICI Bank (up 1.46%), Axis Bank (up 1.16%) and Mahindra & Mahindra (up 1.14%) while Asian Paint (down […]
As the Reserve Bank of India gears up for its next Monetary Policy Committee meeting in April, experts weigh in if the central bank will announce another interest rate hike following February’s CPI inflation print of 6.4% – the second straight month of retail inflation persisting way above RBI’s tolerance zone. The core inflation number […]
16,398 employees were laid off by over 100 Indian startups and technology companies in 2023 (as of December 26) across major and emerging tech hubs in the country including Delhi NCR, Bengaluru, Mumbai, Hyderabad, Pune, Chennai and others, according to the latest data from layoff tracker Layoffs.fyi. While Paytm trimmed its workforce by 1,000 employees, […]
By Siddharth Sharma A rapidly expanding economy and vast population put India at the forefront of the global climate challenge. Confronted with the unprecedented task of integrating climate change into her growth narrative, with an ambitious goal of reaching net zero by 2070, India is making noteworthy efforts to stride towards a sustainable, low-carbon future, […]
By Shrikant Chouhan On Tuesday, the benchmark index Nifty gained 130 points while the Sensex was up by 379 points. Among Sectors, Auto and Reality indices outperformed. Auto gained 2.5 per cent and Reality index rallied over 2 per cent. whereas some profit booking was seen in PSU Banks and Media stocks. Technically, after a […]
India’s rapid transformation to a digital economy gathered pace in 2023 with lots more innovation and some fresh legislation. Digital lending became widespread as the National Payments Corporation rolled out new products and Big Tech firms launched their offerings. Two defining pieces of legislation came into being, the Digital Personal Data Protection (DPDP) Bill and […]
Taiwanese and South Korean stock markets closed 1% higher on Wednesday, December 14, 2022, following the positive global market trend. FTSE TWSE Taiwan 50 Index rose 178.87 points or 1.61% to 11,271.36 and KOSPI Composite Index climbed 26.85 points or 1.13% to 2,399.25. The Taiwan 50 Index touched an intraday high of 11,274.90 and a […]
Union Budget: Stock market investors are expecting a balanced Budget with a focus on job creation, increased spending on infrastructure, reigning in the deficit, and bringing the economy back on track, experts said on Wednesday. Stock markets have been subdued in the run-up to the Union Budget with BSE’s benchmark Sensex is almost flat so […]
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