The SME IPO of Citichem India has been subscribed 82 times by the second day of bidding. The Rs 13 crore issue will close on December 31. The IPO received strong interest from both retail and non-institutional investors. The shares will be listed on the BSE SME platform on January 3.
European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the end of a positive year for regional markets.
Three minor girls from Maharashtra staged their own kidnapping to earn money and visit South Korea to meet the BTS pop band members. They planned to go to Pune to work and earn the needed funds. Police tracked and intercepted them on a bus and brought them back safely.
We expect that while the intensity of downgrades will not be as high because this time the expectations are not as high, still there will be further downgrades.
Jayesh Mehta from DSP Finance explains the recent rapid depreciation of the rupee and its connection to the new RBI governor. He discusses the potential impact of FPIs and global market conditions on the rupee's stability. The RBI may continue rolling over maturities to ease the pressure. The rupee may hover around 86 but reaching 87 seems challenging.
When an investor chooses a mutual fund, they often have a target return and an estimated corpus in mind.
Black Moon Date and Time: On 30 December 2024, the rare Black Moon will occur, marking the second new moon of the month, a phenomenon that happens infrequently. While the Black Moon itself will be invisible, its occurrence creates ideal conditions for stargazing. In India, the event will peak on 31 December. With darker skies, stargazers can observe planets, galaxies, and nebulae with greater clarity.
India's manufacturing sector is set to rise significantly, with its contribution to Gross Value Added (GVA) projected to increase from 14% to 21% by 2032. This growth is driven by government and corporate capital expenditure, infrastructure investment, and the Production-Linked Incentive (PLI) scheme, creating substantial jobs and boosting the economy.
The sale of antidepressants and mood elevators in India surged from Rs 1,540 crore in 2020 to Rs 2,536 crore by Nov 2024. Popular drugs like Escitalopram, Clonazepam, and Sertraline saw significant increases in sales. Greater awareness and virtual consultations contributed to this growth, with general physicians now also prescribing antidepressants.
LeBron James birthday is on Monday, December 30. The Los Angeles Lakers superstar is a basketball champion and NBA legend.
A collection of over 100 heartfelt and warm messages for 'Happy New Year 2025' is provided. These messages are designed to bring warmth, love, and joy to your holiday greetings. Whether celebrating at home or at a party, these New Year's wishes offer endless possibilities to convey your warmest regards and happiness.
Samajwadi Party leader Ravidas Mehrotra stated that the party will distribute Rs 5 lakh cheques to the families of victims in the Sambhal violence. He also claimed there is a Shiv Linga beneath the residence of Uttar Pradesh's Chief Minister and called for excavation if mosques are being investigated similarly.
Pharma 2025 Forecast: Pharma and healthcare mutual funds have topped with an average return of 38.05% in 2024. HDFC Pharma and Healthcare Fund led with 46.16%, fueled by strong sales and advancements in India's pharma industry. The sector looks promising for 2025, with potential benefits from Trump's policies and the Biosecure Act.
8 simple ways to kickstart your relationship journey
A 22-year-old tribal woman in Palghar district died from postpartum hemorrhage after giving birth. She was not given timely treatment due to inadequate facilities and had to be transferred between hospitals. Local authorities plan to improve hospital infrastructure and increase the number of ambulances to prevent such incidents.
Corporate Year Ender: 2024 was a transformative year for corporate India, marked by significant mergers, record-breaking IPOs, regulatory actions, and policy reforms. Notable events included mergers like Air India-Vistara, IPOs from Hyundai India and Ola Electric, regulatory crackdown on Paytm, and the abolition of Angel Tax, providing a fresh outlook for India's economic landscape in 2025.
The Moon mission journey's duration depends on spacecraft size, mission goals, and rocket capabilities. Factors like crew size, design, and fuel allocation influence success.
Linda Lavin, the Tony-winning Broadway actress who featured in the sitcom 'Alice', died at 87.
In 2024, showbiz faced several controversies, including Allu Arjun's involvement in a fatal stampede, Poonam Pandey's fake death stunt, and widespread harassment in Malayalam cinema. Other notable incidents were selection criticisms for Oscars entry, Kangana Ranaut's delayed film release, and various legal battles involving celebrities like Nayanthara, Darshan, and Kapil Sharma.
UTI Mutual Fund has launched the UTI Quant Fund, an open-ended equity scheme focused on long-term capital appreciation through a quantitative investment approach. The fund will open for subscription from January 2 to 16, 2025, with various investment options.
The Reserve Bank of India might have to adjust its foreign exchange strategy as the rupee is overvalued. This could lead to a weaker and more volatile rupee by 2025. Factors such as the U.S. Federal Reserve's rate cut cycle, Donald Trump's trade policies, US bond yields and India's economic slowdown will impact the rupee.