Foreign and domestic private equity firms are increasing their investments in India's healthcare services, indicating strong growth prospects. The sector remains fragmented with large chains expanding through acquisitions. Notable transactions include KKR acquiring Baby Memorial Hospital and QCIL buying a stake in KIMS Health. The trend points towards further consolidation and growth in the healthcare sector.
Investors can increase their monthly SIP contribution by adding money to their existing scheme or choosing a new fund for their portfolio
US technology giant Google has leased 550,000 sq ft from managed workspace provider Table Space at commercial complex in Gurugram, said two people familiar with the development.
Reliance lost market value due to the underperformance of the shares of Reliance Industries, the country’s most valuable company. The market capitalisation of the Adani Group fell amid indictments in the US over bribery and fraud allegations.
Drugmakers in India may soon face stricter enforcement of quality standards. The revised Schedule M, which details manufacturing practices and quality requirements, will come into effect on January 1. The industry had expected an extension but must now comply. The enforcement includes audits and risk-based inspections to ensure compliance with the new standards.
China's GDP is expected to grow around 5% in 2024 as President Xi Jinping indicates stable economic progress and effective risk management. Xi emphasizes continued support into 2025, despite external uncertainties and domestic challenges like weak demand and deflation. The PBOC may implement further monetary easing, including potential reserve requirement ratio cuts.
The clarification came after Sebi addressed queries from stakeholders regarding the framework introduced in August this year. The framework is designed to ensure that regulated entities maintain robust cybersecurity posture, remain equipped with adequate cyber resiliency measures.
The degree of fluctuations shows that the funds were actively managed as US yields shot up after the repricing of interest rate cuts by the US Federal Reserve, economists said. A depreciating rupee, which increases hedging costs, also added pressure, along with a general risk aversion and safe-haven dollar demand before Donald Trump begins his second presidency on January 20.
Placements at leading engineering institutes such as BITS Pilani, VIT, NIT Patna, and others report significant improvement in the Class of 2025, with higher placement rates, increased average salaries, and more participating companies. Technology and ITeS firms lead the recruitment drive, marking a recovery from last year’s downturn.
The rupee was weighed down by dollar bids from foreign and state-run banks along with a decline in most Asian currencies, traders said. Likely intervention from the Reserve Bank of India (RBI) capped further depreciation in the rupee.
Within local equities, poll participants recommend a bigger exposure to large-cap stocks in 2025. Among sectors, most participants prefer banks, IT and pharma.
When markets resume trading today, ITC, Orient Cement, Surya Roshni and Newgen Software Technologies will be in focus due to various related developments.
January 1, 2025: New Year's Day, January 1, is not universally a bank holiday throughout the country. The Reserve Bank of India (RBI) annually publishes a state-wise list of holidays, which will indicate whether banks in specific regions will be closed on January 1, 2025.
The S&P BSE Sensex settled at 78,139.01, down by 109.12 points or 0.14% while the broader Nifty closed flat at 23,644.80, lower by 0.10 points. As 2024 ended, Nifty managed a 9% uptick over the previous year while Sensex rose by 8%.
Senior executives from Blinkit, Swiggy Instamart, Zepto, and Bigbasket met with Indian government officials. They discussed warehouse ownership, compliance with FDI norms, and the impact on kirana stores. The officials expressed concerns about delivery safety and competition for small shops. Representatives argued their services supplement demand. Quick commerce firms are growing rapidly and raising capital.
In 2025, AI will replace repetitive tasks but create new job opportunities. Experts predict more human-AI collaboration, with humans leading strategic and creative roles. Basic IT jobs may vanish, but overall work will increase. The demand for AI skills will rise. Humans must adapt and upskill to work alongside AI.
Gukesh Dommaraju's World Chess Champion title has boosted chess's popularity in India. Livestream records have been set, and platforms like Lichess report increased engagement. Indian grandmasters like Praggnanandhaa lead. ChessBase India and Nodwin Gaming plan new initiatives to further promote the sport. Chess is now one of India's most-watched sports, rivaling cricket.
ET has compiled a list of 18 stocks for 2025, recommended by six leading brokers, covering large-cap, mid-cap, and small-cap segments that could be outperformers during the year.
Vedanta, Stovec Industries, Balmer Lawrie Investments, VST Industries, Castrol India, ICICI Securities, and Swaraj Engines, among others, have consistently delivered over 100% dividends over the past five years. Dividend yields - a measure of how much a company pays out in dividends each year compared to its stock price - of these firms range between 3% and 6%.
India continues to display impressive macroeconomic resilience. Key indicators such as the current account deficit, fiscal deficit, and inflation are under control, positioning the economy for sustainable growth.
The Nifty targets of 78% of the poll participants - including fund managers and brokers - suggest a 5-16% upside over 2024's closing level of 23,644.80 on Tuesday.
Short-term traders may consider buying CEAT Ltd stock on dips for a target of Rs 3,800 in the next 3-4 months. The stock is trading above key moving averages and has shown resilience. Support levels are crucial around the 21 and 50-week moving averages. Monitoring RSI and other indicators is recommended for effective risk management.
Select stocks gain momentum even in volatile markets.
Banking sector stocks had been out of the limelight for a while. It even seemed as if they were not delivering. But the fact is they were outperformers in the bear market of October-December 2024. This has to be seen in light of the fact that banks, as a set of stocks, are highly owned by FIIs – the big sellers of the bearish phase. Despite that, except in one or two cases where they were hit by a wave of selling, banks did better than the broader market. The reason is simple: While credit growth has been muted... Читать дальше...
Happy New Year 2025 Status: The New Year 2025 has arrived, brimming with potential and excitement. This time of reflection and anticipation invites you to share heartfelt wishes, thoughtful quotes, and uplifting messages with your loved ones on social media platforms like WhatsApp and Facebook. These expressions aim to inspire joy, new beginnings, and cherished moments.
