Nifty records all-time high

New Delhi (IANS) Nifty regained strength with a strong bullish candle formation to record an all-time high crossing the 22300 zone with sentiment and bias turned strong, says Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher.

Sensex jumps more than 700 points after impressive GDP numbers

New Delhi (IANS) The main factor influencing the market is likely to be the better-than-expected Q3 GDP growth number which has come at an impressive 8.4 per cent, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

In a first, India exports pomegranates by sea to USA

New Delhi (IANS) India has successfully flagged off its first commercial trial shipment of pomegranates to the US via sea under the aegis of Agricultural Processed Food Products Export Development Authority (APEDA) from Vashi in Navi Mumbai, the Commerce…

Centre fixes 320 lakh tonnes wheat procurement target, 6 lakh tonnes for millets

New Delhi (IANS) The Centre has fixed the estimates for wheat procurement during the ensuing rabi marketing season 2024-25 in the range of 300-320 lakh metric tonnes after carrying out consultations with the states, the Food Ministry said on Thursday.

Ad spending in India to reach $17 bn in FY24, consumption to rebound: Report

New Delhi (IANS) Overall ad spending in India is estimated to reach $16-17 billion in FY24, growing at 6 per cent in the fiscal year, a report showed on Thursday.

Digital advertising which accounts for 55 per cent of total spending is set to…

India’s Q3FY24 GDP to grow 6.7% – 6.9%: SBI

Chennai (IANS) India’s Gross Domestic Product (GDP) should grow in the region of 6.7-6.9 per cent during the third quarter (Q3) of FY24, said a top economist with the State Bank of India (SBI).

In his latest report Dr. Soumya Kanti Ghosh, Group…

All sectoral indices in red as markets see sharp selloff ahead of GDP data

Mumbai (IANS) After a positive opening on Wednesday, Nifty soon entered into the negative territory dragged by profit booking in index heavyweights, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.

While…

94 pc of Indian firms plan to boost workers' skills, abilities this year: Report

New Delhi (IANS) About 94 per cent of Indian companies plan to enhance their employees' skills and abilities, and 53 per cent are looking to provide online training and development programmes in 2024, a new report said on Tuesday.

According…

India’s rural-urban income gap declines sharply amid fall in poverty level: SBI Report

New Delhi (IANS) Along with the sharp decline in poverty in India, there has also been a marked reduction in the rural-urban income divide in the country, according to an SBI Research analysis of a Consumer Expenditure Survey released on Tuesday.

TCS likely to lead its peers in revenue growth: UBS

New Delhi, Feb 27 (IANS) TCS is likely to lead its peers in revenue growth by 100-150 bp along with improvement in margins in FY25, foreign brokerage UBS said in a report.

“We believe the market is not pricing this in, given a divided consensus…