Asian stocks slid, bond yields rose and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve cautioned it would ease the pace of rate cuts in the coming year and investors braced for a Bank of Japan policy decision. The Fed cut interest rates on Wednesday as expected, but … Read more
The FIIs as per Wednesday's data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 17951.19 crore against gross selling of Rs 20337.93 crore. Thus, FIIs stood as net sellers of Rs 2386.74 crore in equities. In the debt … Read more
The tourism and hospitality sector is expected to add 61 lakh new jobs in India by 2034, according to a report on Wednesday. The whitepaper released by the Confederation of Indian Industry (CII) and EY at the 18th Annual CII Tourism Summit, showed that despite setbacks from the Covid-19 pandemic, the sector is witnessing a … Read more
As many as 17.80 lakh new employees were enrolled under the Employees' State Insurance Corporation (ESIC) scheme during October this year, the Ministry of Labour and Employment said on Wednesday. The year-on-year analysis showed a growth of 3 per cent in net registrations compared to October last year. The data showed that out of the … Read more
The improvement in India's economic growth after the slowdown in the July-September quarter is visible as movement indicators like fuel consumption, vehicles tolled and air traffic have strengthened, Jefferies said in a note on Wednesday. The Jefferies economy tracker composite indicator shows growth pick-up sustaining in November with the indicator up 6.4 per cent year-on-year, … Read more
The domestic benchmark indices closed in red on Wednesday amid weak global cues as market sentiment remained cautious ahead of the key US Fed meeting. US Fed Chair Jerome Powell was set to release the policy statement late on Thursday (US time) during the Federal Open Market Committee (FOMC) meeting. According to experts, the Indian … Read more
The Centre, during the 2023-24 rabi season, has procured 6.41 lakh metric tonnes of pulses at an MSP value of Rs 4,820 crore which has benefited 2.75 lakh farmers, according to a statement issued by the Ministry of Agriculture & Farmers Welfare on Wednesday. The procurement to support the farmers included 2.49 lakh metric tonnes … Read more
The Employees’ Provident Fund Organisation (EPFO) on Wednesday gave a final opportunity till January 31, 2025 to employers to upload wage details regarding over 3.1 lakh pending applications for Pension on Higher Wages. Employers have also been requested to submit replies or update the information in 4.66 lakh cases by January 15, 2025 where clarification … Read more
KFin Technologies is currently trading at Rs. 1324.00, up by 89.90 points or 7.28% from its previous closing of Rs. 1234.10 on the BSE. The scrip opened at Rs. 1239.05 and has touched a high and low of Rs. 1343.65 and Rs. 1228.60 respectively. So far 56043 shares were traded on the counter. The BSE … Read more
Newgen Software Technologies is currently trading at Rs. 1503.70, up by 6.75 points or 0.45% from its previous closing of Rs. 1496.95 on the BSE. The scrip opened at Rs. 1509.95 and has touched a high and low of Rs. 1515.00 and Rs. 1473.80 respectively. So far 12110 shares were traded on the counter. The … Read more
