BUSINESS
Indian Stock Market Declines Over 1.4% Amid Global Selloff
At closing, Sensex settled at 78,041.59 down by 1,176.46 points, or 1.49 per cent, and Nifty ended at 23,587.50 down by 364.20 points, or 1.52 per cent.
PLI Scheme Attracts Rs 1.46 Lakh Crore Investment, Boosts FDI Inflows by 26%
While the PLI scheme saw Rs 12.5 lakh crore in production, Rs 4 lakh crore in exports and generating 9.5 lakh jobs, over 1,300 manufacturing units were established across 14 sectors and 27 states/UTs under the scheme this year.
India's Energy Storage Capacity Set for 12-Fold Growth by 2032: SBI Report
The country's energy storage landscape is rapidly changing, with the share of renewable energy (RE) projects integrating storage solutions registering a steep rise from 5 per cent in FY20 to 23 per cent in FY24, according to the report.
Sensex Drops 964 Points as US Federal Reserve Adopts Hawkish Stance on Rate Cuts
Sensex closed at 79,218.05 down by 964.15 points, or 1.20 per cent, and Nifty settled at 23,951.70 down by 247.15 points, or 1.02 per cent.
India's Growth Momentum Resumes After Q2 Slowdown: Jeffries
The Jefferies economy tracker composite indicator shows growth pick-up sustaining in November with the indicator up 6.4 percent year-on-year, the second-fastest growth pace in 13 months.
Upcoming IPOs You Should Watch and Why You Need a Demat Account to Invest
With various companies filing their IPO documents, investors can select the best depending on their overall strengths and weaknesses. Following is a list of 5 upcoming IPOs that investors must be aware of and study in order to make informed decisions regarding investment:
Sensex Closes Lower Ahead of US Fed Rate Decision, Nifty at 24,198
Experts said that Indian market is experiencing a breakdown of the early Santa Claus rally with the impact being more pronounced in India compared to developed markets because of the rapid appreciation of the dollar.
How Google News Tackled Misinformation in India in 2024
These significant events have brought to the fore the role of newsrooms in giving out accurate and timely information, said the company, pointing out its contributions to fighting misinformation in the Indian news ecosystem.
Investec Initiates 'Buy' Rating for Ambuja Cements, Sets Target Price at Rs 950
"Factoring growth pipeline, lease expires (Lease wins reveal the horse to ride on), promoter's economic interest in ACEM (Ambuja Cements), we prefer ACEM over ACC. We note consolidation, sustainability, ESG as key themes for the sector and believe ACEM is best placed to take the gains," Investec said. With focus on consolidation, streamlined operations, and massive production capacities, Ambuja Cement is cementing its place as a market leader, and a stronger future lies ahead for investors and stakeholders alike.
Trump Criticizes India's Tariffs and Threatens to Impose Reciprocal Taxes
Trump made these remarks on Tuesday and also said that India and Brazil were among countries that imposed high tariffs on certain US products.
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