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 […]
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 […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices NSE Nifty and BSE Sensex regained from day’s lows, however still closed in the red. Nifty closed below the 18,000 mark but regained 100 points from the day’s low. Sensex added over 300 points from its intraday low to settle at 60,353, while […]
Digital medium witnessed an increase in impressions by 43% in July-September 2023 compared to January-March 2023. Ad impressions on Digital Advertising witnessed growth during both the periods April-June 2023 and July-September 2023 of 60% and 43% respectively compared to January-March 2023. July-September 2023 observed growth of 30% in ad impressions compared to July-September 2022, according […]
– By Gaurav G Arora and Aditi Richa Environmental, Social and Governance (ESG) norms can be observed to find increasing acceptance across jurisdictions as corporations around the globe progress in their quest for investment. Given the rising concern for sustainable development coupled with investment trends pushing for stakeholder-friendly corporate governance strategies, ESG norms have built […]
Apex body for apparel exporters AEPC on Thursday urged the government to extend rebate scheme, RoSCTL, for three more years, stating that it has become a “dire” necessity, given the current global economic uncertainties. The Apparel Export Promotion Council (AEPC) said market sentiments have touched an “all-time” low and the traditional markets of the US […]
By Bhavik Patel Crude oil has managed to sustain its gain after OPEC+ cut production. According to the US EIA, despite OPEC+’s surprise production cut, the global oil market will remain in surplus this year and next as demand growth could be hurt by lower-than-expected economic growth in the coming months. However, that statement is […]
After experiencing a trail of destruction due to heavy rains and floods earlier this year, Himachal Pradesh is back on the tracks of recovery ahead of the festive season. On Christmas Eve, a huge influx of tourists thronged the Himalayan state, particularly the two popular tourist destinations Shimla and Manali are witnessing a surge in […]
Global Surfaces IPO opened for subscription on 13 March, and the issue got oversubscribed 12 times at close, with total bids of 9,46,14,400 lakh shares. Qualified institutional buyers (QIBs) subscribed 8.95 times of their reserved portion. Retail investors bid for 5.12 times of the shares reserved. The NII portion garnered 33 times oversubscription. The IPO […]
As Covid-19 cases ceased, it was perhaps the retail sector which benefitted the most, as consumers returned to brick-and-mortar stores. Infact, experts believe that this year has been a turning point for the retail industry. “The Indian retail industry which was valued at $836 billion in FY22 has clocked a growth of 34% in FY23. […]
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