Assam government unveils massive recruitment drive, announces 10,000 vacancies in THIS sector – Check details

The Assam government has unveiled a massive recruitment drive, offering 7,249 graduate teacher positions and 1,424 postgraduate teacher positions in provincialized secondary schools under the Directorate of Secondary Education. As part of Chief Minister Himanta Biswa Sharma’s commitment to generating employment, the vacancies aim to bolster the education sector. The detailed breakdown of vacancies categorized […]

DMart: Margin miss, slow recovery; Q3 sales lower than expected in fully normal & festive season

DMart: Margin miss, slow recovery; Q3 sales lower than expected in fully normal & festive season Avenue Supermarts, which runs DMart chain of hypermarkets in India Q3 revenue grew by 25% y-o-y. Within segments, FMCG/staples grew faster than the higher-margin general merchandise and apparel segment. Discretionary non-FMCG sales were below company’s expectations. Gross margin declined […]

Asian stocks pinned to lows as rate fears weigh

Asian stocks struggled to come off two-month lows on Wednesday and the safe-haven dollar was firm as concerns about rising interest rates and slowing global growth kept the mood downbeat, while markets waited on economic data to chart the course ahead. MSCI’s broadest index of Asia-Pacific shares outside Japan touched its lowest since early January […]

Domestic ESG-focused firms performed better than global peers in price volatility, equity returns: RBI study

Large listed domestic companies with an active ESG (environmental, social and governance) framework have performed better than their broad market counterparts even during extreme market events like the pandemic shocks, says an RBI study. The RBI study of 18 economies with such frameworks, indicate that investors reward pro-climate and pro-socially oriented companies. Also Read: Banks’ […]

Gujarat govt engages with over 1,000 companies to showcase GIFT City’s potential to global investors

Ahead of the Vibrant Gujarat Global Summit, Gandhinagar-based Gujarat International Finance Tec-City (GIFT City) has become a focus area with the state government promoting it as a key investment destination by engaging with over 1,000 companies to organise roadshows and delegation visits, officials said. Spread over 886 acres of area, GIFT City is India’s first […]

Markets Wrap – Thu, 16 Mar ‘23: Nifty, Sensex gain, rupee dips; Asia, US markets, Gold, Crude updates

Domestic indices ended Thursday’s volatile session in positive territory, but despite multiple attempts, Nifty failed to settle above 17000. The top gainers on the Nifty 50 were BPCL, Hindustan Unilever Asian Paints, Nestle India and Titan while the losers were Hindalco, Tata Steel, IndusInd Bank, JSW Steel and HDFC Life. “With the turbulence at Credit […]

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