27 декабря 2024 года
India’s government partly blames the central bank’s tight monetary policy for weak economic performance. They expect growth to improve in the second half of the fiscal year as demand increases and restrictive measures ease. The central bank may cut interest rates to support growth. Rural and urban demand shows signs of recovery.
The 30-share BSE Sensex was up 464.32 points at 78936.8
Bihar Chief Minister Nitish Kumar's 'Pragati' Yatra to Muzaffarpur and Vaishali districts scheduled for December 27 and 28 has been cancelled. This cancellation follows the demise of former Prime Minister Manmohan Singh. Singh, aged 92, passed away at AIIMS Delhi on Thursday night after being brought to the emergency department in critical condition.
KFin Technologies (KFin Tech) shares reached an all-time high of Rs 1,619.95 on the NSE, reflecting strong bullish momentum. The stock has surged over 50% in the past three months and around 35% in the last month, driven by positive technical indicators and growing investor confidence, signaling a continued upward trend in the stock's performance.
A total of 1,945 shares changed hands on the counter till 11:06AM (IST).
India is progressing in cell and gene therapy. Research includes treatments for leukemia, hemophilia-A, sickle-cell anemia, and more.
The 30-share BSE Sensex was up 473.12 points at 78945.6
A total of 199,433 shares changed hands on the counter till 11:01AM (IST).
Gold and silver prices saw positive momentum, with gold gaining Rs 250/10g and silver rising by Rs 2,800/kg over the past week. Geopolitical tensions, weak rupee, and holiday markets supported prices. Analysts expect steady prices with key support levels.
Goods and Services Tax (GST): GSTN in an a new advisory said now freight operation information system (FOIS) of the Indian Railways has now been integrated with the E-Way Bill (EWB) system of the Goods and Services Tax (GST). Experts say now buyers must be careful about the validity of the E-Way Bill generated by the seller. If there is any discrepancy goods can be seized by the GST officer.
Manmohan Singh passes away: India will observe a seven-day official mourning in remembrance of former Prime Minister Manmohan Singh, who passed away on Thursday. As a mark of respect to the departed dignitary, it has been decided that seven days of state mourning will be observed throughout India from December 26 to January 1, 2025, both days inclusive.
A total of 3,869 shares changed hands on the counter till 10:56AM (IST)
The Nifty Realty index was trading 0.49 per cent at 1072.00.
A total of 431 shares changed hands on the counter till 10:50AM (IST).
Founder of Grapevine, Saumil Tripathi, revealed how his home organizer business, once generating ₹20 lakh daily, nearly collapsed due to Amazon's competition. After rejecting an acquisition offer, Amazon's private label Solimo emerged as a cheaper rival, causing a significant revenue drop. Tripathi's experience serves as a cautionary tale about the challenges of competing with major online platforms.
Dr. Manmohan Singh, the former Prime Minister of India, has an impressive educational background. Here are the details.
Virat Kohli faced criticism and a fine for bumping into Australian debutant Sam Konstas during the Boxing Day Test at MCG. The ICC fined Kohli, but many feel the punishment was too lenient. Kohli's recent form has been underwhelming, adding to the controversy. Changes to the ICC code of conduct helped Kohli avoid suspension.
India's defence sector in 2024 witnessed landmark achievements such as the Predator drone deal with the US, the launch of the Tata-Airbus facility, and the final stages of a $4 billion Voronezh radar system deal with Russia. The Defence Acquisition Council approved significant projects to enhance India's strategic capabilities.
In the Nifty50 index, 43 stocks were trading in the green, while 7 stocks were in the red.
External Affairs Minister S Jaishankar met National Security Advisor Jake Sullivan at the White House. They discussed the progress of the India-US strategic partnership. Jaishankar will meet his US counterpart Antony Blinken and possibly senior leadership of the incoming Trump administration. He will also chair a conference of Indian Consul Generals during his visit from December 24 to December 29.
The 30-share BSE Sensex was up 555.29 points at 79027.77
A total of 631 shares changed hands on the counter till 10:35AM (IST).
The National Green Tribunal (NGT) has requested a response from the Union of India regarding a plea on the improper disposal and recycling of photovoltaic (PV) solar panels. The plea highlights environmental risks and inadequate disposal systems, urging for compliance with E-Waste Management Rules, 2022.
