It’s a holiday shortened week but packed with action for the markets. Most importantly the markets will remain shut on November 20 on account of Assembly elections in Maharashtra. The markets have been under pressure and investors will closely watch domestic events and global developments For cues ahead. The key factors to watch next week
Mercedes-Benz has announced a price increase for all models across its lineup in India from 1 January 2025. The German marque has declared a price hike of up to 3 percent although it is yet to be clarified if this hike will be uniform across the entire range. Mercedes-Benz price hike details As per the
For two-wheeler makers in India, exports are as important as domestic sales. Two-wheeler exports have seen a YoY increase in October 2024, with Indian manufacturers leading the big Japanese names such as Honda, Yamaha, and Suzuki. Here are the top two-wheeler manufacturers who exported the most units in October 2024 as per SIAM data. Top
NPS Calculator: National Pension System (NPS) is a retirement and savings scheme that works on a contribution-based system. Its main objective is to provide financial security to people after retirement. The most important thing about NPS is that it does not guarantee any fixed benefit. Your pension amount is decided based on the investment you
It’s big week for the markets. Though holiday shortened, the street will watch out for cues from upcoming elections and FII activity. The continuous selling by FIIs has been one of the big worries for the market. FIIs have been on a consistent selling spree for over a month,. So far in November, foreign portfolio investors
In a holiday-shortened week, eight of the top 10 most-valued companies on the Indian stock market collectively lost Rs 1.65 lakh crore in market capitalization, with HDFC Bank and State Bank of India (SBI) witnessing the worst decline. The benchmark Sensex fell by 1,906.01 points, or 2.39 per cent, amid growing concerns over rising inflation
NPS Calculator: A retirement pension offers a reliable source of income during retirement, when individuals are no longer actively earning or have reduced earnings. For private-sector employees, a retirement pension is a valuable benefit, as it allows them to access programs that ensure a steady income after they retire. The National Pension System (NPS) is
PM JAY portal, Ayushman Card eligibility criteria featured among top searches on Google Trends this week as netizens tried to get their queries related to Ayushman Bharat answered on Internet. Google searches related to Pradhan Mantri Jan Arogya Yojana (PM JAY) have risen in the wake of PM Narendra Modi launching health coverage for senior
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
Gold prices have reached an unprecedented milestone, surpassing $3,000 an ounce for the first time in history. This surge is largely fuelled by a vigorous buying spree by global central banks, states Bloomberg. Since Russia’s 2022 invasion of Ukraine, central banks have increasingly turned to gold to diversify reserves and reduce dependency on the US
Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and U.S. rate cut bets supercharge its appeal as a safe haven asset. Spot gold was up 0.4% at $3,000.39 an ounce at 1031 GMT. Prices have scaled 13 all-time highs
Asia shares rose on Friday and global markets attempted a rebound after a brutal selloff earlier in the week, while gold reached a record as the latest escalation of global trade tensions left nervous investors seeking safe-haven assets. Relief over the likely aversion of a US government shutdown boosted stocks in Asian trade, after Senate
