Overview of Industrial Output Growth in July 2024 The latest data from the Union Ministry of Statistics and Program Implementation reveals that India’s industrial output recorded a growth of 4.8% in July 2024. While this figure indicates a positive growth trend compared to the previous month, it marks a decline when compared to the same ...
Tribute to Sitaram Yechury: A Legacy Remembered On Thursday, the political landscape of India lost one of its stalwarts, Sitaram Yechury, the General Secretary of the Communist Party of India (Marxist) (CPIM), at the age of 72. After a prolonged illness, Yechury passed away at the All India Institute of Medical Sciences (AIIMS) in New ...
Julian Agro Infratech Limited Considers Stock Split Julian Agro Infratech Limited, a burgeoning player in the civil construction sector, is poised to make a significant announcement regarding a potential stock split. The company has called for a board meeting on October 8, 2024, to evaluate this proposal. As of September 12, the stock was trading ...
Overview of Vodafone Idea’s Current Challenges Vodafone Idea, one of India’s prominent telecommunications companies, is navigating a tumultuous period fraught with significant hurdles. With liabilities soaring to an alarming ₹2 lakh crore and outstanding dues to the government, the company faces a dual challenge: a mounting debt crisis alongside a rapid decline in its subscriber ...
Education Abroad: A Growing Trend Among Affluent Indian Families In recent years, there has been a significant trend among wealthy Indian families to invest in foreign education for their children. A comprehensive survey has revealed that more than 75% of affluent Indian parents either have sent their children abroad for higher studies or are planning ...
Current Gold and Silver Prices: A Detailed Overview Gold Prices Decline Again: On Thursday, the gold price experienced a decline for the fourth consecutive day. In the capital city of Delhi, the price dropped by Rs 250, bringing the current rate to Rs 74,350 per 10 grams. This follows the previous day’s closing price of ...
The central government is addressing a pressing issue that many pensioners have faced: delays in pension disbursement. Recognizing the importance of timely payments, the government has introduced a structured timeline for processing pension cases, ensuring that retirees receive their pensions without unnecessary delays. Previously, pensioners often reported waiting months for their pensions due to prolonged ...
Emotional Turmoil in Haryana Congress: Lalit Nagar Denied Ticket In a significant turn of events ahead of the assembly elections scheduled for October 5, Lalit Nagar, the former Congress MLA from Haryana, expressed his deep disappointment after being denied a ticket by the Congress party. Known for his dedication and efforts in strengthening the party, ...
Cross IPO: A Strong Surge in Investor Interest The recent Initial Public Offering (IPO) of Cross Limited has garnered significant attention, with a total subscription rate of 16.69 times the issue size of Rs 500 crore. This overwhelming response translated into a substantial bidding amount of Rs 6,193 crore. As investors await the share allotment, ...
Yes Bank Stake Sale Update Overview: The ongoing discussions regarding the stake sale of Yes Bank have currently come to a standstill. The Reserve Bank of India (RBI) has expressed concerns about the prospect of a foreign bank acquiring a majority stake in Yes Bank. Recently, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has shown enthusiasm ...
PN Gadgil Jewellers IPO Overview PN Gadgil Jewellers Limited’s initial public offering (IPO), which opened for subscription on September 12, 2024, has experienced an overwhelming response from investors. The IPO was subscribed a staggering 59.40 times, with a total of 100.30 crore shares bid for, against the available 1.68 crore shares on offer. This public ...
Understanding Employee Health Insurance in India Do you have a health policy provided by your employer? If so, what is the coverage amount? A recent study conducted by Prudent Insurance Broking reveals some intriguing insights into the health insurance landscape for employees in India. The findings indicate that a group health insurance policy with a ...
Tragic Loss: Anil Mehta, Father of Bollywood Stars, Dies by Suicide The Bollywood community is in mourning following the shocking news of Anil Mehta’s untimely death. The father of renowned actresses Malaika Arora and Amrita Arora was found dead in his Mumbai residence, Ayesha Manor, on the morning of September 11, 2024. According to reports, ...
Introduction HSBC Mutual Fund has recently launched the India Export Opportunities Fund, a targeted investment vehicle designed for those looking to benefit from the growth of Indian exports. This unique thematic fund will selectively invest in companies that derive a significant portion of their revenue from exports, specifically those with export revenues exceeding 20%. Investors ...
Overview of India’s Oil Import Landscape India stands as the third-largest oil importer and consumer globally, relying on imports for over 80% of its oil consumption. This heavy dependence has a significant impact on domestic oil prices and the country’s overall economic health. As global crude oil prices fluctuate, so does the potential for increased ...
Maharashtra Scooters Declares Interim Dividend for Financial Year 2024-25 Bajaj Group’s Maharashtra Scooters Limited has announced an exciting interim dividend of Rs 110 per share for its shareholders for the financial year 2024-25. This decision was made during a board meeting on September 12, 2024, showcasing the company’s commitment to rewarding its investors. The critical ...
The Current Landscape of Government Bank Stocks As investors continue to navigate the fluctuating waters of the stock market, government bank stocks have come under scrutiny. Understanding expert opinions on these shares is crucial for making informed investment decisions. In this article, we will delve into the current sentiments around government bank shares, potential risks, ...
Va Tech Wabag Limited: A Stock on the Rise Va Tech Wabag Limited (VTW) has caught the attention of investors and analysts alike, with projections suggesting that its shares could surge by approximately 30% from current levels. This forecast comes from Axis Securities, which has recently placed a ‘Buy’ recommendation on the stock, setting a ...
Petrol and Diesel Price Update With recent declines in global crude oil prices, there is growing speculation about possible reductions in petrol and diesel rates in India. As crude oil has dipped below $70 a barrel for the first time since 2021, officials are contemplating the implications for domestic fuel prices. During a media briefing ...
Unique Tradition of ‘Dhadicha’ in Shivpuri, Madhya Pradesh Indian culture, with its rich traditions and diverse customs, attracts global interest, leading many foreigners to embrace Hindu rituals, including marriage. Among the various intriguing practices across India, one particularly striking custom is observed in Shivpuri, Madhya Pradesh—the ‘Dhadicha’ tradition, often referred to as the heartbeat of ...
