CATEGORIES

Election season may hit govt capex spending, FDI inflows

A study by Bank of Baroda analysing the past data shows economic variables like government capital expenditure (capex) or foreign direct investment (FDI) inflows could be impacted by the election season.

J&K Assembly polls, statehood soon: PM

Says his govt respects Constitution, even Ambedkar can't abolish it

India's GDP to grow at 6.1% in '24, lower than 7.7% in 2023: Moody's Analytics

Moody's Analytics has raised its projection for the India's gross domestic product (GDP) growth for calendar year 2024 to 6.1 per cent from 6 per cent in March this year.

Wages to workers: How MGNREGA fared in past 10 years

Early in its tenure the government, according to civil society activists, viewed the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) \"testimony\" to the failures of the United Progressive Alliance government (2004-14).

March retail inflation eases to 10-month low of 4.85%

IIP accelerated to 4-mth high in Feb

Govt unlikely to privatise GIC Re at this stage'

General Insurance Corporation of India (GIC Re) Chairman and Managing Director RAMASWAMY NARAYANAN expects the stake sale of about 10 per cent in the public-sector reinsurer to begin after the general elections. In a video interview with Harsh Kumar, Narayanan says the company's business from GIFT City will substantially increase in the coming days. Edited excerpts:

Meta starts testing AI chatbot in Whatsapp, Insta in India

Meta is testing its artificial intelligence-powered chatbot Meta AI with select users across popular social media apps like WhatsApp, Messenger and Instagram in India, the parent company of Facebook said on Friday.

Nearly 90% GCCs in India plan to harness AI, ML in 2-3 years

About 90 per cent of global capability centres (GCCs) in India plan to harness the potential of artificial intelligence (AI), machine learning (ML), and cognitive computing in the next 2-3 years, according to consulting firm ANSR's Q4 GCC Quarterly Landscape.

TCS headcount declines for first time in 19 yrs; hits campus route

Employee number down by 13,249 in FY24

TCS WON'T APPOINT COO AFTER NGS STEPS DOWN

Employee number down by 13,249 in FY24

Real estate to become $1.5trn market by '34, grow threefold

India's real estate sector will be worth $1.5 trillion by 2034 as it grows three-fold from $482 billion now as residential and commercial demand grows, said 'India Real Estate: A Decade From Now' report by the Confederation of Indian Industry (CII) and real estate consultancy Knight Frank on Friday.

Jaypee's stalled Wish Town leaves homebuyers in the lurch

Resolution between Yeida and Suraksha Group to settle farmer compensation issues may get delayed

Funding for fintech startups rose 59% in Q1CY24

Funding among fintech startups surged 59 per cent quarter-on-quarter (Q-o-Q) to $551 million in the first quarter of 2024 (Q1CY24), up from $346 million in the previous quarter, according to a report by market intelligence platform Tracxn.

Auto exports take a hit on rising global woes

PV wholesales soar to record 4.2 mn in FY24

Sale of entry-level cars, 2Ws yet to hit pre-pandemic peak

Domestic sales of cars and two wheelers at the entry level are far from reaching their pre-pandemic peak, according to Society of Indian Automobile Manufacturers (Siam) data, released on Friday.

TCS surprises with Q4 profit, deal wins

Reporting one of its highest deal wins in the midst of macro challenges, Tata Consultancy Services (TCS), India's largest information-technology (IT) services player, on Friday kicked off the IT-results season for the fourth quarter of FY24. TCS reported a net profit of ₹12,434 crore, up 9.1 per cent year-on year (Y-o-Y).

Global woes spook mkts

Sensex sinks 793 pts, bonds weaken, falls & gold soars; FPIs sell ₹8K cr equities

Vi looks to raise ₹18K cr via India's biggest FPO

Priced at ₹10-11 a share, offer opens on Thursday

Election paraphernalia misses on-ground excitement

The 18th Lok Sabha election begins in less than a week, but the demand for campaign material and merchandise is yet to pick up across cities.

Apple drops 'state-sponsored' from its threat notification

Replaces it with 'mercenary spyware' warning in India, 91 other countries

Shoppers must not stop: Malls ramp up AI use to track business and services

Shopping malls keen to know the number of visitors they have, where they are flocking to and what services they need are increasingly adopting artificial intelligence (AI), say real estate industry executives and consultants.

Oil's slick grip threatens corporate margins

Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market.

Mitigate valuation risk in smallcap funds with limited exposure, long horizon

While returns over the past year have been high, these funds are prone to significant drawdowns during tough economic environments

Valuation hurdle remains a bitter pill for GSK Pharma

Most brokerages have neutral stance on stock

Brent hovers around $90 as inflation concerns persist

Global benchmark Brent hovered around $90 a barrel on Thursday as persistent inflation dampened rate cut optimism in the short term, but stayed near six-month highs as investors braced for a potential attack on Israeli interests by Iran.

Economy strong, but market may consolidate in near term

Over the past few decades, India's fundamentals have changed for the better and today's Sensex at 75,000 is a result of all cylinders firing for India.

Nifty futures decline after investors pare rate cut bets

Indian equity futures declined on Thursday as investors reduced their bets on rate cuts after the latest US inflation data.

Vedanta: Hopes of commodity upcycle seem priced in

Mining and natural resources major Vedanta Limited (VEDL) has seen a surge in share price after a recent upgrade by CLSA. Indeed, the stock is up more than 30 percent in the last month.

Mkts partially pricing in delay in rate cut

A higher-than-expected consumer price inflation (CPI) inflation print for March in the US has dashed hopes of an interest rate cut by the US Federal Reserve (US Fed) in June. Analysts now expect the US central bank to start cutting rates in September, provided inflation remains in check and oil prices remain supportive.

Fundraising via QIPS gains traction in '24

23 companies raised ₹23,393 crore in 2024 via this route