– By Nari Katgara In an increasingly interconnected world, the Indian diaspora has grown into a significant global community, with over 35 million Indians living abroad. This community has a profound cultural connection to India that comes alive, especially during festive occasions. Festivals like Diwali, Holi, Eid, Durga Puja, Lohri, Navratri and Christmas represent nostalgia
BFSI (Banking, Financial Services, and Insurance) and Flex Spaces emerged as key demand drivers for office spaces during the third quarter of 2024, stated a report by Vestian. These sectors, it added, account for 39 per cent of the pan-India absorption in Q3 2024, reporting a growth of 20 per cent from the previous quarter.
Food delivery companies have come into focus given Swiggy’s recent debut and share movement after listing. So far Zomato was the only listed entity in this space. With Swiggy’s entry, there is no doubt increased competition in that space. The question then is what’s the better stock to bet on at current levels. Do valuations
The benchmark Indian stock market indices, Sensex and Nifty, have corrected nearly 10% from their recent highs over the past few weeks, but that appears to be good news to some. In a recent turn of events, Asian capital markets and investment group, CLSA, has reversed its India strategy. They have gone back from their
Gold prices have experienced a sharp correction, falling around 6% since Diwali. On November 1, the price of 24-carat gold per 10 grams was at Rs 80,710, but recent market pressures have driven it down to Rs 74,031. This decline is primarily attributed to a stronger dollar and investor concerns over US inflation data, which
Samajwadi Party candidate Aquil Akhtar, contesting from the Pakur constituency, is the richest candidate in the second phase of the Jharkhand Assembly Elections, with assets worth over Rs 402 crore, according to a report. The Jharkhand Election Watch and Association for Democratic Reforms (ADR) analysed the self-sworn affidavits of 522 out of 528 candidates contesting
Bharti Global, the international investment arm of Bharti Enterprises, announced that it has completed the acquisition of 24.5 per cent of the issued share capital in UK’s BT Group plc. This makes Bharti, which runs telecom company Airtel, the majority shareholder in the UK’s second largest telecom company, the BT Group, which was formerly called
Zinka Logistics Solution better known as BlackBuck offers a digital platform to truck operators. The company closed the IPO on November 18 and opened on November 13. The allotment of the shares will be finalised on November 19. Here’s how you can check the allotment: Step 1 Open any web browser and search Kfin Technologies.
Gold has been on a tear with its price jumping over 50% in the last one year. In international markets, gold crossed $3,000 an ounce on March 14, while in India, gold rate today is Rs 87,970 per ten grams. The recent surge in gold prices is due to the R-word – recession, which now
US stocks rallied to their best day in months on Friday as Wall Street’s roller coaster suddenly shot back upward. That still wasn’t enough to keep the US market from a fourth straight losing week, its longest such streak since August. The S&P 500 jumped 2.1% a day after closing more than 10% below its
As the markets graduated from a correction to a full-blown crash, investors of all types are running for exit. It is at times like these that we must remember the words of the world’s most famous value investor, Warren Buffet. He said, “Be greedy when others are fearful and be fearful when others are greedy.”
Companies in the business of keeping cool are gearing up for a record summer this year. With temperatures already on the rise in the west, east and parts of the north, firms are readying production and distribution initiatives to meet the demand surge expected in the coming summer months. “February and the first two weeks
The domestic stock exchanges have seldom had it so good. Over four years of a bull market, coupled with investors entering in droves — it’s a heady mixture for the bourses. Consequently, their coffers have been flowing over. Sample this: India’s biggest stock exchange – the NSE – reported a 57% and 94% year-on-year growth
