In November, the manufacturing sector in India showed signs of recovery, rebounding slightly from the previous month’s low pace. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI), adjusted for seasonal variations, increased from 55.5 to 56, signaling a marginal improvement. Despite this, the positive sentiment among companies dipped to its lowest level in seven … Read more
Flair Writing Industries made an impressive market debut by listing on stock exchanges at a striking 66% premium above its initial public offering (IPO) price, following the trend set by Tata Technologies and Gandhar Oil Refinery. The stock commenced trading at Rs 501 on the NSE and Rs 503 on the BSE, a substantial rise … Read more
The collective market capitalization of companies listed on the Bombay Stock Exchange (BSE) has soared to a historic high, surpassing the $4 trillion mark as of November 29. This milestone represents an upward surge of over $600 billion since the beginning of this year, illustrating the sustained upward trajectory of Indian equities. The total market … Read more
RDS Digital, a prominent integrated marketing firm, is embarking on a groundbreaking journey to reshape the digital landscape. Operating under the theme “You grow, We Grow,” the company is dedicated to nurturing growth and innovation. Its strategic expansion blueprint includes venturing into Canada and the Middle East, extending support to content creators seeking investment avenues … Read more
The International Energy Agency (IEA) is challenging the prevailing belief within the oil and gas sector that carbon capture technology holds the key to addressing climate change. In a statement released ahead of the United Nations Climate Change Conference in Dubai, Fatih Birol, the Executive Director of the IEA, emphasized the need for the industry … Read more
Sending money abroad involves considerations beyond domestic transactions, necessitating an awareness of regulations and documentation to ensure the funds are utilized legally and safely. Unlike local transactions, international money transfers are subject to specific rules to prevent misuse and guarantee secure reception. One crucial aspect to bear in mind is the Liberalised Remittance Scheme (LRS). … Read more
Office space leasing in six major Indian cities experienced a 2% uptick, reaching 13.2 million square feet during the July-September period, as reported by Colliers India. This surge was primarily fueled by a substantial increase in demand in Hyderabad. Colliers India, a real estate consultant, released key data for the third quarter of the 2023 … Read more
Mobile internet services in the Indian state of Manipur were abruptly suspended for a five-day period starting from September 26, as reported by the Press Trust of India (PTI). This decision was officially communicated through an order from the Manipur Home Department. The reason cited for this drastic measure was the deteriorating law and order … Read more
In a historic move, the women’s reservation bill has finally been approved by the Indian Parliament, marking a significant milestone in the country’s democratic journey. Prime Minister Narendra Modi, addressing an event organized by the Bharatiya Janata Party’s (BJP) Mahila Morcha, emphasized that a “strong government with majority” played a pivotal role in achieving this … Read more
EUR/USD Sees Reversal in Momentum Amidst Economic Indicators The EUR/USD currency pair is experiencing a shift in momentum as it retraces some of its recent gains. After making significant gains over the past seven weeks, the pair is now facing mild losses, indicating a period of consolidation in the near future. This comes as traders … Read more