In October 2024, two-wheelers saw double-digit growth. The festive season and the sales of commuter motorcycles, along with scooter sales from rural parts were a strong driving factor for sales. The world’s largest two-wheeler maker, Hero MotoCorp saw a massive boost in sales and a slew of new product launches from various manufacturers also contributed
Hindustan Zinc a vedanta group company has procured a composite license for a gold mining block of Dugocha gold block in Rajasthan. The procurement took place through the auctions held by the state government on November 13, 2024. Hindustan Zinc is a major global player as integrated zinc producer and the third-largest silver producer Dugocha
The primary market will be seeing the much-awaited NTPC Green Energy IPO, which will raise Rs 10,000 crore. However, it is a lacklustre week for SME IPOs with just two offerings, raising Rs 160.27 crore. Here are upcoming IPOs this week: Mainboard IPO NTPC Green Energy IPO NTPC Green Energy IPO will open on November
Unified Pension Scheme: The Centre last month notified the Unified Pension Scheme (UPS), a life-long guaranteed pension plan, for central government employees. However, the employees will have an option to choose between the National Pension System (NPS) and the UPS. Unlike NPS, the UPS gives guarantee of a fixed pension to central government employees which
Ahead of the Maharashtra Assembly elections, Prime Minister Narendra Modi on Thursday outlined the significant infrastructure developments taking place across the state, asserting that modern infrastructure is transforming Maharashtra. Addressing a crowd, Modi emphasised the government’s efforts to modernise the railway network and highlighted the state’s success in attracting Foreign Direct Investment (FDI). Also Read:‘Nitish
Jaguar will be expanding its presence in the electric vehicle (EV) segment with its upcoming fully-electric sedan which is currently in development. The yet-to-be-named luxury electric sedan has now started with its road testing in Europe. A pre-production prototype of the same is expected to break cover in the Design Vision Concept at Miami Art
Pension rule changes for retiring government employees: All retiring central government staff will be required to submit the new Single Pension Application Form 6-A through online mode, effective November 6, 2024. This must be done through either the Bhavishya or e-HRMS 2.0 platform, and paper submissions will no longer be accepted, according to a notification
Union Home Minister Amit Shah on Thursday accused the ruling JMM-led alliance of turning illegal immigrants into “vote banks” and promised to address the issue of infiltration if the BJP comes to power in the state. Addressing an election rally in Jharkhand’s Giridih, he said, “We will wipe out Naxalism and infiltration from Jharkhand,” he
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
