As polling for the seven-phase-long Lok Sabha election began from today, Dalal Street’s 9 crore investors would be closely tracking the mood of 96.8 crore voters spread across India. Ahead of the voting for the first phase, Sensex has given up almost all of its gains made in 2024 after rewarding investors with a 20% … Read more
An estimated 85,000 additional childcare places would be required by September 2025 to enable the government’s planned expansion of funded childcare for working parents in England, according to the Department for Education. A pilot will explore how to repurpose unused school space to support childcare and increase capacity. If successful, the scheme will be rolled … Read more
“Bombay stock exchange has made a difference to Indian investors in India and to some extent globally,” says Hemendra M Kothari, Chairman, DSP Asset ManagersMeanwhile, Sundararaman Ramamurthy, MD & CEO, BSE says, ” There are a lot of participants in the market who have been there for a very-very long time. You just go and … Read more
British retail sale stagnate Retail sales across Britain stalled in March, as the cost of living squeeze continues to hit spending, new data shows. The Office for National Statistics has just reported that British retail sales volumes stagnated in March, following modest growth of just 0.1% in February (revised up from stagnation). That’s weaker than … Read more
Shares of Bajaj Auto fell 3% at Rs 8,753 on Friday after the two-wheeler major reported a standalone net profit of Rs 1,936 crore for the quarter ended March 31, 2024, which was up by over 35% from Rs 1,432.88 crore reported by the company in the year-ago period. The standalone revenue for the reported … Read more
India is demanding an exemption from the UK’s planned carbon tax as part of negotiations aiming to finalise a free trade deal before the UK election. India’s negotiating team have spent this week in London in a surprise set of talks to try to overcome the remaining hurdles to an agreement. Rishi Sunak is eager … Read more
Shares of HDFC Life Insurance Company fell as much as 4% to Rs 581 in Friday’s intraday trading on BSE after the March quarter results. The company reported a 14% growth in its consolidated net profit at Rs 412 crore for the quarter ended March 2024. It was Rs 362 crore in the year-ago period. … Read more
Research has estimated the health impacts from the coal-fired power plants that operate across India. Six hundred coal power plants generate more than 70% of India’s electricity. Despite regulations passed in 2015, fewer than 5% of these plants operate with modern systems to clean up air pollutants from their chimneys. In China, 95% of coal-fired … Read more
Brokerage Citigroup maintained a buy rating on HDFC Life, and JPMorgan remained overweight on Bajaj Auto and Infosys. Citigroup recommended a sell on TVS Motor. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on HDFC Life: Buy| Target Rs 710 Citigroup maintained a buy rating on … Read more
Washington: Despite a challenging global scenario, India’s economy has shown robust growth over the past year backed by sustained consumption and investment demand, a top Indian official told members of a World Bank committee here. The GDP growth estimate for the fiscal, which has been revised upwards from 7.3 per cent to 7.6 per cent … Read more
