With domestic investors pumping in money by the fistful, Samvat 2080 was the second-best year for equity investors in a decade, as a strong economic momentum and a surge in the number of new local investors fuelled a strong rally. The year that came to an end on Thursday saw Sensex and Nifty give 22.3%
Every Royal Enfield launch is a highly anticipated event but come this EICMA in Milan, there will be something extremely special from the Chennai-based brand on display at the annual motorcycle exhibition. The company is gearing up to unveil its first electric motorcycle on 4 November 2024 in Milan, Italy. Enfield had teased its upcoming
The Department of Pension and Pensioners’ Welfare (DoPPW) has announced a major update on the payment of arrears to central government pensioners. The department in a memorandum said that the payment of arrears for the Dearness Relief (DR) will not occur before the pension disbursement scheduled for October 2024. The Centre earlier this month announced
The Department of Pension and Pensioners’ Welfare (DoPPW) has issued a memorandum clarifying the payment of the General Provident Fund (GPF) to retiring government employees. This follows inquiries about whether interest is payable on delayed GPF payments after retirement. “Recently few references regarding interest on delayed payment of GPF to the retired Government have been
Royal Enfield has bolstered its 650cc lineup with the introduction of the new Interceptor Bear 650. This marks the fifth addition to the segment, joining the Interceptor 650, Continental GT 650, Super Meteor 650, and Shotgun 650. Since Royal Enfield launched the Interceptor 650 and Continental GT 650 in 2017, the segment has evolved, and
The countries that are part of the BRICS grouping will collectively surpass the G-7 group of developed countries in global trade by 2026, according to a research report. From 2000 to 2023, the BRICS+ group’s share of global merchandise exports has risen from 10.7% to 23.3%, marking an impressive increase of 12.6 percentage points. In
The countdown to Samvat 2081 has begun. If Samvat 2080 was about new highs, breaching new levels, a flurry of domestic buying coupled with primary market euphoria, the mood is quite different for Samvat 2081. So in this situation here is a look at some of the top stock picks by Motilal Oswal and why
In a bid to ensure that the funds raised by mutual fund houses through new fund offers (NFOs) are invested faster, the Securities and Exchange Board of India (Sebi) on Wednesday proposed a timeline of 30 days from the time of allotment of units to investors. In addition, fund houses will have a window of
Driven by shifting buyer preferences post the pandemic and a surge in interest from NRIs, the demand for luxury housing is soaring like never before. However, which of India’s top cities – including Delhi-NCR, Mumbai, and Hyderabad – has witnessed the most significant growth in premium homes? The findings of CBRE South Asia Pvt Ltd’s
India’s December trade deficit has come in lower than estimates at $21.94 billion compared to the revised November trade deficit of $32.84 billion. This is primarily on the basis of higher exports and month-on-month drop in overseas shipments. According to a Reuters poll, December trade deficit was expected to be at $27.33 billion Earlier last
The Indian equity market ended the session on a positive note today, with BSE Sensex closed at 76,724.08, up by 0.29%, while the NSE Nifty 50 settled at 23,213.20, marking a gain of 0.16%. The Rupee meanwhile remained weak but off this week’s lows. It ended day at 86.37 against the US dollar. The Nifty
Shares of Vodafone Idea rallied almost 12% to an intra-day high of Rs 9.25. The stock has risen more than 15% in the last two trading days. The spurt in stock prices came after the company signed a pact with HCL Technologies’ software unit, HCL Software, to make its 4G and 5G networks smarter and
Adani Green Energy (AGEL) is making waves in the stock market as it continues to rally for second straight day and the shares jumped over 3% on Wednesday, January 15, following a 13.16% rise on Tuesday, January 14. There are many reasons that’s powering the rally. These include Q3 growth, new order wins and also
