BUSINESS
Buy on Dips Strategy Proving Effective in Indian Stock Market Amid Strong Rebound
With inflation coming within the RBI's tolerance level and an expectation of further ease in food prices on account of seasonal corrections in vegetable prices, it could build up the expectation for ease in monetary policy in February," says Vinod Nair, Head of Research, Geojit Financial Services.
Sri Lankan Minister: No Issue with Adani Funding Colombo Port Project Independently
In an exchange filing late on 10 December, Adani Ports and SEZ Ltd said the project "is on track for commissioning by early next year" and added that the company will fund the ongoing project through "internal accruals", aligning with its capital management strategy.
RBI Receives Bomb Threat in 'Russian' Language, Second Incident in a Month
Apparently written in the Russian language, the email was sent to the official website of the Central Bank on Thursday afternoon with a threat to blow up the building with explosives.
Sensex, Nifty Drop Over 1% Amid Global Risk Concerns
The market trend remained negative. In the National Stock Exchange, 340 stocks were trading in green, while 2,047 stocks were in red.
Report Forecasts Accelerated Industrial Growth and Eased Inflation in H2 of 2024-25
"So far, high food inflation, elevated interest rates and slowing credit growth have affected consumption recovery. However, with food inflation showing signs of easing, the space for discretionary consumption is expected to rise," the report states.
India's Industrial Production Grows 3.5% in October 2024, Shows Data
The sector plays a key role in providing quality jobs to the young graduates passing out from the country's engineering institutes and universities.
69% of $1 Trillion FDI into India Received in the Last Decade: Government
This landmark achievement was supported by a nearly 26 per cent increase in FDI to $42.1 billion during the first half of the current fiscal year," the review said.
Top 50 Stocks' Share in Total Market Cap Hits All-Time Low: Report
The December edition of the DSP Netra report said, "Large-cap stocks are now at their smallest share of total market capitalisation. The share of the top 50 or top 10 stocks relative to the total market has hit an all-time low, presenting a rare opportunity for investors."
Income Tax Refunds Surge 46.3% to Rs 3.04 Lakh Crore in April-November
In the corresponding period last year between April 1, 2023, and November 30, 2023, refunds totalling Rs 2.03 lakh crore were issued, reflecting the Ministry's concerted efforts to expedite the process this year. The statement added that CBDT played a crucial role in achieving this milestone.
Disheartening to Witness Parliament Disruptions Over Wealth Creators: Sadhguru
"It is really very disheartening to witness disturbances in Parliament at a time when we want to stand tall and be a shining example for democracy for the world, sir," the spiritual guru said.
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