The Employees’ State Insurance Corporation (ESIC) has reported a significant increase in new enrolments for the month of September 2024, with 20.58 lakh new workers joining the ESI Scheme. This marks a 9% year-on-year growth, highlighting the scheme’s expanding reach and social security coverage for workers across India. In September 2024, the total number of
Over the past two days, gold prices surged by Rs 1,480 per 10 grams, while silver saw an increase of Rs 2,700 per kilogram, reflecting a strong rebound. This marks a positive shift after both metals ended their recent losing streak. On Tuesday, gold and silver futures settled on a positive note both domestically and
Leveraging the growing tourism boom, the Tata Group-controlled Indian Hotels Company (IHCL) is set to double its hotel inventory, launch new brands, and invest Rs 5,000 crore over the next five years. IHCL currently controls 12-13% of the branded hotel room inventory in the country, a figure expected to rise to 23% by 2030. From
RMZ, a privately-owned global alternative asset firm, through its arm RMZ Digital Infrastructure Partners (RDIP), has formed a joint venture with Colt Data Centre Services (Colt DCS), a global hyperscale data centre operator, to enter the digital infrastructure market. The two companies will invest $1.7 billion to expand Colt’s data centre capacity. The initial focus
As many as 74% of corporates expected the government to adopt the SAF-T (standard audit file for tax) system for “near real-time reporting and compliance monitoring” to ensure uniformity with international standards and move towards a more efficient and faster audit process, a survey by Deloitte showed. Also ReadBirla Opus Paints unveils its 4th factory
The Indian markets are shut on account of Assembly Elections in Maharashtra but globally its a positive day of trade. Asian markets have opened higher and US too closed in the green after a volatile session on Tuesday. Investors are looking forward to appointments by US President-elect Donald Trump Meanwhile, oil prices saw a modest
Market participants see a marginal depreciation in rupee as the likely intervention from the Reserve Bank of India (RBI) will keep the sharp volatility in the forex market at bay. According to the median forecast of the FE poll, the rupee is expected to be trading at 84.50 per dollar by December end. On Tuesday
Vinod Tawde in Maharashtra Election 2024: On the eve of Maharashtra’s elections, political tensions flared in Virar when Bahujan Vikas Aghadi (BVA) workers confronted Senior Bharatiya Janata Party (BJP) leader and national general secretary Vinod Tawde on Tuesday over accusations of attempting to bribe voters. The incident occurred at a hotel in Virar, where BVA
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the
After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will
After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading
By Anand James One point at the start of last week was how strong an offensive could the bears launch. At that point, we were just coming off a sub 25 RSI level, which had historically favoured a bounce back. But such moves also held a strong chance of fizzling out quickly. This is why
Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share. The move comes at a time when restaurants have been voicing growing concerns over high commission rates and potential conflicts of interest following
