Nilesh Shah says it is not that consumption-led growth has not been a focus area, but it has been infrastructure and investment-led growth which is the right thing to do and I believe that that will continue to be the focus. But having said that, there may be some amount of focus on policy measures that can boost consumption but may not be in terms of direct measures.
BJP leaders, including Yogi Adityanath and J P Nadda, reviewed party's over-confidence, fake narratives, and opposition's surge. Discussed were quota allegations, worker dignity, PWD vacancy, Amit Shah’s 2017 success, June 4 losses, non-Yadav OBCs, PM Modi’s input, Bhupendra Chaudhary’s role. Focus was on organizational reshuffle and upcoming assembly bypolls for 10 seats amid rising BJP chief ambitions.
Tata Mutual Fund has introduced Tata Nifty India Tourism Index Fund, the first of its kind in the country, which includes companies from the Nifty 500 index focusing on the tourism sector.
The Meteorological Office issued a very heavy rainfall alert for some parts of Madhya Pradesh, predicting significant rainfall within the next 24 hours. According to the regional meteorologist, very heavy rainfall, ranging from 115mm to 204mm, is expected in six locations: Sehore, Rajgarh, Agar Malwa, Sheopur Kalan, and Morena.
ASK Property Fund invested Rs 190 crore in a Mumbai real estate project by Kalpataru, a Blackstone-backed ASK Asset & Wealth Management Group entity. The project in Borivali West includes 310 units on 6 acres, totaling 6.5 lakh square feet. These funds will support acquisition and working capital needs. ASK PIA, the real estate investment arm, focuses on mid-income and affordable segments, having raised Rs 6,100 crore since 2009 from various investors.
KEC International's shares rose 6% after securing Rs 1,100 crore in T&D orders, including a 765 kV line and GIS substation from Power Grid Corporation of India Limited.
The stock quoted a 52-week high price of Rs 813.0 and a 52-week low of Rs 554.0.
Maharashtra launches 'Ladka Bhau' Yojana to provide job training and stipends for young men. Scheme targets class 12 graduates, diploma holders and graduate degrees and aims to benefit both candidates and industries. Opposition parties raise concerns about the scheme's effectiveness.
The Union Budget for 2024-2025 is likely to prioritise sustainable domestic growth under the "Viksit Bharat" initiative. Efforts to position India as a global manufacturing hub are evident through successful schemes like Make in India and PLI, particularly in the electronics sector. However, challenges such as customs duties, integration into global value chains, and the need for sector-specific PLI schemes for MSMEs must be addressed. The upcoming Budget will play a crucial role in shaping India's... Читать дальше...
A total of 2,122 shares changed hands on the counter till time (IST).
Heavy rains in Kerala's northern districts cause flooding, landslides, and property damage. IMD issues red alert for Wayanad and Kannur, orange alert for eight districts, and yellow alert for six districts. Moderate rainfall and gusty winds expected in several areas. Residents facing challenges due to ongoing inclement weather.
On the technical charts, the 200-day moving average of the stock stood at Rs 2449.58.
Indian dog pet: Indian dog breeds for small apartments in India
As of 31-Mar-2024, promoters held 63.21 per cent stake in the company, while FIIs held 22.56 per cent and domestic institutional investors had 5.56 per cent.
The warnings came during a discussion at the annual Aspen Security Forum on Wednesday, where US military leaders highlighted the risks associated with the evolving space strategies of these two global powers.
The Women's Asia Cup kicks off with India facing Pakistan in a highly anticipated match, with India aiming to maintain their dominant record in the tournament and continue their success against Pakistan. India's strong bowling lineup, led by Pooja Vastrakar and Radha Yadav, complements their powerful batting, spearheaded by Smriti Mandhana. Meanwhile, Nepal and the UAE will also vie for a spot in the semifinals, with both teams eager to make an impact.
The stock quoted a 52-week high price of Rs 506.85 and low of Rs 207.85.
The rise of side gigs has led to challenges in paying advance taxes on time. Individuals must navigate complex rules to avoid penalties. Experts suggest reforms to make the process more manageable for taxpayers.
South Korea's Supreme Court has granted new rights to same-sex couples on Thursday, mandating that the state provide health insurance for a gay man's partner. This ruling recognizes that common law spouses of the same sex should receive spousal insurance coverage.
Next SGB redemption date: The Sovereign Gold Bond has a tenor of eight years, and there is an option to exit from the fifth year, which can be exercised on the interest payment dates. The Sovereign Gold Bond Scheme 2016-17 - Series I was issued on August 5, 2016.
WeWork India appointed Aman Sharma as associate director for Hyderabad's managed offices. With 14 years in sales at Marriott, American Express, CBRE, and Smartworks, Sharma drives growth. Hyderabad saw a 71% office demand surge in H1 2024, fueled by Global Capability Centres, now 30% of WeWork members. Janak Malkani now leads managed offices. WeWork expanded its managed office portfolio in Chennai and operates over 57 locations since entering India in 2017, amassing 8 million sq. ft., leveraging... Читать дальше...