Results season to kick in, could be next trigger for markets

New Delhi (IANS) The week gone by consisted of five trading sessions and markets gained on three of the five sessions.

On Friday, markets were up a tad with BSESENSEX up a mere 21 points while NIFTY was down 1 point. BSESENSEX gained 596.87…

Tata Motors stock up 204 pc in last 36 months

New Delhi (IANS) On the back of a strong performance across its key business segments, Tata Motors stock has significantly outperformed key indices with 204 per cent return in the last 36 months versus 50 per cent return in the Nifty, Motilal Oswal…

EV sales in India to grow 66 pc this year riding on consumer interest, govt initiatives

New Delhi (IANS) Driven by rising consumer interest, government initiatives and infrastructure development, India’s EV sales nearly doubled in 2023 and are likely to grow 66 per cent this year, a report showed on Friday.

Overall, India’s passenger…

Retail investors can lock in high yields across fixed income products, say analysts

New Delhi (IANS) For retail investors, this is a great time to invest in fixed-income products and they can continue to enjoy and lock in high yields now across various products such as government bonds, corporate bonds, and fixed deposit (FD) instruments,…

RBI projects GDP growth at 7 pc for 2024-25, retail inflation seen at 4.5 pc

Mumbai (IANS) India's GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation for the year has been retained at 4.5 per cent, RBI Governor Shaktikanta Das said on Friday.

"Growth has continued to sustain its momentum,…

Rise of small regional competitors adversely affect larger FMCG companies

New Delhi (IANS) In Q4FY24, demand for FMCG products faced ongoing challenges, dampening volume growth, Elara Securities said.

Factors such as low farm income and the rise of small regional competitors are adversely affecting larger companies.…

India’s services sector growth surges leading to more jobs in March: PMI survey

New Delhi (IANS) India's services sector growth accelerated in March on the back of strong demand, leading to employment increasing at the fastest rate in seven months and export business expanding at a record pace during the month, according…

India sees 3 pc monthly rise in hiring, white-collar gig jobs up 184 pc

New Delhi (IANS) India saw a 3 per cent monthly rise in hiring in the months of February and March, as white-collar gig jobs skyrocketed 184 per cent (year-on-year), a report showed on Tuesday.

Additionally, gig workers, representing a vital…

RBI may cut repo rate only in Q3 FY25: SBI economist

Chennai (IANS) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not before, said a top economist in the State Bank of India (SBI).

In a research report, Soumya Kanti Ghosh,…

Surge in GST collections across states paves way for stable growth ahead

New Delhi (IANS) The surge in GST collections which have crossed the Rs 2 lakh crore mark for 2023-24 reflects the strength of the Indian economy across sectors and regions of the country and augurs well for keeping the fiscal deficit in check going…