India tops the list of recipient countries for remittances in 2024 with an estimated inflow of $129 billion, followed by Mexico ($68 billion), China ($48 billion), the Philippines ($40 billion), and Pakistan ($33 billion), according to the latest figures compiled by World Bank economists. The growth rate of remittances this year is estimated to be … Read more
The Indian stock market opened in red on Thursday after the US Federal Reserve cut interest rates by 25 basis points, but warned that rate cuts may not come so easily in 2025 as anticipated earlier. As Fed’s focus moves towards maximum employment and price stability, the FOMC halved the number of rate cuts expected … Read more
Startups will be a core driver of India’s economic growth this ‘Techade,’ likely to contribute nearly $120 billion (or 1.6 per cent) to the country’s GDP by 2030, which will be nearly 3.5 times jump from $35 billion in 2023, according to a new report. Given that most developed economies see between 5-10 per cent … Read more
Manali Petrochemical is currently trading at Rs. 63.90, up by 0.01 points or 0.02% from its previous closing of Rs. 63.89 on the BSE. The scrip opened at Rs. 63.00 and has touched a high and low of Rs. 63.99 and Rs. 62.64 respectively. So far 10556 shares were traded on the counter. The BSE … Read more
India’s pharma industry is considered to be the world's third largest by volume, and in FY 2023-24 the pharmaceutical market has been valued at $50 billion, said Union Minister of State for Chemicals and Fertilizers Anupriya Patel. In a written reply to Rajya Sabha Patel said that in FY 2023-24, the pharmaceutical market’s domestic consumption … Read more
Dynamatic Technologies is currently trading at Rs. 8418.50, up by 91.10 points or 1.09% from its previous closing of Rs. 8327.40 on the BSE. The scrip opened at Rs. 8326.95 and has touched a high and low of Rs. 8390.00 and Rs. 8156.00 respectively. So far 202 shares were traded on the counter. The BSE … Read more
Vakrangee is currently trading at Rs. 31.10, up by 1.89 points or 6.47% from its previous closing of Rs. 29.21 on the BSE. The scrip opened at Rs. 29.22 and has touched a high and low of Rs. 31.39 and Rs. 28.85 respectively. So far 1206388 shares were traded on the counter. The BSE group … Read more
The Adani Group Chairman, Gautam Adani, on Thursday said that the company makes promises which are not only about building infrastructure but also creating hope, progress and a brighter tomorrow for millions of Indians. Reacting to a unique and out-of-the-box advertisement on wind turbines and renewable energy by the Adani Group that took the internet … Read more
A joint report by the Confederation of Indian Industry (CII) and EY has said that the country’s tourism and hospitality sector is projected to require an additional 61.31 lakh workers to cater to an increasing tourism activities by 2036-37. The CII and EY in a whitepaper titled ‘Employment Landscape in Tourism and Hospitality in India’ … Read more
Gandhar Oil Refinery (India) is currently trading at Rs. 227.05, up by 1.25 points or 0.55% from its previous closing of Rs. 225.80 on the BSE. The scrip opened at Rs. 226.45 and has touched a high and low of Rs. 229.00 and Rs. 222.90 respectively. So far 4725 shares were traded on the counter. … Read more
