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Showing posts from April, 2025

Credit growth to farm sector slows to 10.4%: RBI data

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Maharashtra tops state rankings with strong financial & economic show

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India among top IPO markets with $2.8bn mop-up: EY

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Sensex gains 1k points; IIP at 4-yr low

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Indian stock markets surged on Monday, propelled by a rally in Reliance Industries (RIL) and banking stocks, pushing the Sensex above the 80,000 mark. Foreign Portfolio Investors (FPIs) continued their buying spree, injecting ₹2,474 crore into the market. This inflow helped reverse a two-session slide and added ₹4.5 lakh crore to investor wealth. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y18mZ62

Address infra gaps to target 1bn UPI payments a day: FM Sitharaman

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Huawei's AI chip to rival Nvidia's: Report

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TCS leads as market cap of 6 six of top 10 most valued firms jumps by Rs 1.18 lakh crore

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Last week, six of India's top ten most valuable companies experienced a significant surge in their combined market valuation, totaling Rs 1,18,626.24 crore, driven by a broader market rally. TCS emerged as the top gainer, while Bharti Airtel saw the biggest drop in valuation. Reliance Industries retained its position as the most valued company. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/q7XRGbA

India shines for global consumer goods giants despite urban demand slowdown and global market turmoil

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Despite global market challenges, India stood out for consumer goods companies. Urban demand is slow, but rural markets are improving. Firms like Unilever and P&G see India as a key growth driver. Premium products are doing well. Pernod Ricard and Heineken report strong demand. Companies are optimistic about India's growth potential in the current fiscal year. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zw0hNeM

Government unveils Rs 23,000-crore electronics components manufacturing scheme to boost domestic production

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The government has launched the Electronics Components Manufacturing Scheme (ECMS) with a budget of Rs 23,000 crore to enhance domestic electronics production. The scheme prioritizes firms with strong local design capabilities and quality standards. It aims to increase India's global electronics manufacturing share to 8 per cent and attract significant investments, creating numerous jobs and boosting production value. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bJUV6DQ

Mahindra to acquire nearly 59% of SML Isuzu for Rs 555 crore

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Mahindra & Mahindra Ltd. has announced its strategic move to acquire approximately 59% stake in SML Isuzu for Rs 555 crore, purchasing shares at Rs 650 each. This acquisition includes Sumitomo Corporation's 44% stake and Isuzu Motors' 15% stake, triggering a mandatory open offer for public shareholders. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/thV1xX9

RIL profit rises 6% to Rs 22.6k crore in Q4

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Reliance Industries reported a 6% rise in quarterly profit, reaching Rs 22,611 crore, driven by strong performances in its digital and retail sectors. This growth compensated for a 10% decline in the oil-to-chemicals unit's operating profit due to lower fuel cracks and polyester margins. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/w9HzlFr

CBDT: Can’t claim deductions for settlement under 4 laws

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The income tax department has announced that taxpayers cannot claim deductions for expenses related to settling legal proceedings under four specific laws. This notification, issued by the CBDT on April 23, disallows deductions for expenditures arising from contraventions or defaults under acts governing securities, contracts, depositories, and competition. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Fx4BHfW

ED detains BluSmart's Puneet Jaggi

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Puneet Jaggi, a promoter of Gensol Engineering, has been detained by the Enforcement Directorate. He will be questioned about alleged FEMA violations. The probe focuses on potential fund diversions for foreign exchange acquisition. Searches occurred in Delhi, Gurgaon, and Ahmedabad. Anmol Jaggi, his brother, is expected to be summoned soon. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TKXBEWw

Pune company loses Rs 6.5 crore in cyber fraud

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Indian lenders brace for margin squeeze

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UPI payments get ‘delegate access to contacts’ option

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1-yr extension for RBI dy guv T Rabi Sankar

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HDFC Bank 3rd Indian co to top Rs 15L cr mcap mark

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'Digital deposits must get higher risk rates'

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Government to take action against Gensol after looking at Sebi order

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Auto exports rise 19% to 53.6L units in FY25

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MTNL defaults on PSU bank loans worth Rs 8,346 crore

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AIIMS NORCET 8 result for stage 1 released: Direct link to download scorecards and cut-off percentile here

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The All India Institute of Medical Sciences (AIIMS) has declared the NORCET 8 Stage 1 results for Nursing Officer recruitment. Held on April 12, the exam saw 68,074 candidates appear, with 38,173 qualifying. A total of 11,472 candidates have been shortlisted for Stage 2, scheduled for May 2. Results are available at aiimsexams.ac.in. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/QECW7Nd

TS Inter results 2025 expected soon: Check how to download marksheets here

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The Telangana State Board of Intermediate Education is expected to announce the TS Intermediate Results 2025 in April. Students from both General and Vocational streams can access their results online using their hall ticket number. The provisional mark sheets will be available on tsbie.cgg.gov.in and results.cgg.gov.in, with original documents to be collected from schools. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/viQN7cy

Tariffs, labour costs push jet prices higher

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Commercial plane prices are soaring, driven by supply chain disruptions, rising material costs, and geopolitical factors like the exclusion of Russian titanium. US President Trump's tariffs on steel and aluminum further exacerbate the issue. Labor costs are also increasing, with Boeing and Spirit AeroSystems agreeing to significant wage hikes. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1xnd8zT

More hired than fired but IT pain lingers

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Indian IT firms are exhibiting cautious hiring approaches amidst economic uncertainties and increased automation. While some firms saw slight headcount increases in the March quarter, overall hiring remains subdued compared to previous years. Companies are prioritizing cost efficiency and maximizing existing resources, leading to a challenging job market for college graduates, with expectations of flat hiring trends throughout 2025. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0prGbKU

'No settlement without backing of Byju's creditors'

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The National Company Law Appellate Tribunal (NCLAT) has dismissed attempts to halt insolvency proceedings against Byju's without creditor approval, reinforcing the authority of the Committee of Creditors (CoC). NCLAT upheld that any settlement proposal after CoC formation requires 90% creditor consent, as per the Insolvency and Bankruptcy Code. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SmWfKoi

For Fiscal Year26, Infosys projects 0-3% revenue growth

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Infosys projects a modest 0-3% revenue growth for 2025-26, citing macroeconomic uncertainties and cautious client spending. This marks one of the company's weakest forecasts in over a decade, excluding pandemic-related suspensions. While revenue growth fell short of projections in 2024-25, Infosys retains its margin guidance of 20-22% amidst client discussions on cost efficiency. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iV2laYg

Sensex soars 3k points in 3 days to top 78k, erases year’s losses

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Despite Wall Street's turmoil fueled by trade war anxieties and cautious Fed remarks, Indian stock markets witnessed a significant rally. Banking and financial stocks, along with Reliance Industries, spearheaded the surge, reversing an early decline. Positive monsoon forecasts and easing inflation ignited hopes for RBI rate cuts, attracting substantial foreign investment and boosting investor wealth. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MD8GECZ

Top stocks to buy today: Stock market recommendations for April 17, 2025

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Jefferies is bearish on Mahanagar Gas due to reduced APM gas allocation, while Nuvama cuts ICICI Lombard's target despite premium growth. Nomura is bullish on Aditya Birla Real Estate, citing strong pre-sales. Investec upgrades Eicher Motors on Royal Enfield's rebound, while Morgan Stanley maintains an 'equal weight' rating on IndusInd Bank, awaiting audit clarity. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/A7WLM5K

China's Realme partners Optiemus for contract mfg

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zbnZq0Y

Gold hits record $3,300/oz, closes in on Rs 1L/10gm mark

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Amid escalating US-China trade tensions, gold prices have surged to unprecedented levels, exceeding $3,300 per ounce internationally and nearing Rs 1 lakh per 10 grams in India. This surge, driven by safe-haven demand, has dampened consumer appetite, with gold selling at a discount. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qxgRZm3

At $437.4 billion, exports of goods top last year's level

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India's goods exports marginally increased to $437.4 billion in 2024-25, possibly influenced by anticipatory shipments before potential US tariffs. Despite global challenges, total goods and services exports rose by 6% to $820 billion, with non-oil exports reaching a record $374 billion. Engineering and electronics exports saw significant growth, highlighting India's resilience in a tough economic climate. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iLPds7x

Retail inflation dips to nearly 6-yr low of 3.34%

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India's retail inflation hit a 5-year low of 3.3% in March, driven by significantly lower food prices. This development is expected to prompt the RBI to cut interest rates to bolster growth amid global economic uncertainties. Experts anticipate retail inflation to remain stable, although geopolitical tensions and weather events require monitoring. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9VcHYsZ

Nvidia to build up to $500bn of AI gear in US, a first

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Nvidia is set to manufacture up to $500 billion in AI infrastructure within the US over the next four years through strategic partnerships. Production of their Blackwell AI chip has commenced at TSMC's Phoenix facility. This initiative marks the first instance of AI supercomputer production in the United States, a move attributed to tariffs by President Trump. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1NhGdnj

What next? Dalal Street seeks direction amid tariff chaos

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Dalal Street faces a truncated trading week influenced by tariff developments, US bond yields, FPI activity, and corporate earnings. Volatility is expected to persist despite potential easing in the US-China trade war. Investors will closely monitor Infosys, Wipro, HDFC Bank, and ICICI Bank results after TCS's underwhelming performance, alongside commodity market trends, particularly Goldman Sachs' revised gold price target. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jitreMD

Big Tech drives Wall St rally after wild, wild week

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kP2V7Xp

TCS's new COO Aarthi breaks IT glass ceiling

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Aarthi Subramanian is poised to become TCS's first woman COO and the first woman C-suite executive at a major Indian IT firm, marking a significant milestone for gender diversity in the industry. Having served as the group chief digital officer at Tata Sons, she brings extensive experience and a deep understanding of TCS to her new role. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lnCE0wN

Odisha University (Amendment) Act, 2024 comes into effect, marking major reforms in higher education

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The Odisha University (Amendment) Act, 2024, has been enacted, ushering in significant reforms to the state's higher education system. This act grants universities autonomy in teacher recruitment through expert committees, replacing the OPSC. It also reintroduces the Senate for broader participation in decision-making and enhances financial oversight with new committees and audits, aiming for improved academic excellence and accessibility. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/fzdcnGU

TCS to hire 42k trainees in FY26, promotes 1.1 lakh in FY25

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Asian tech stocks climb amid mixed signals on tariff reprieve

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Technology stocks surged following a temporary pause in tariffs on phones, computers, and consumer electronics, announced by the Trump administration. Apple shares notably climbed, and Asian tech stocks experienced a boost. Despite the positive market reaction, officials cautioned that tech tariffs are still anticipated in the near future, creating uncertainty about ongoing trade negotiations with China. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Susnibe

JEE Main 2025 session 2 answer key: Objection window closing today, Direct link to raise challenge here

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The National Testing Agency (NTA) will close the objection window for the JEE Main 2025 Session 2 answer key today, April 13, 2025, at 11:50 PM. Candidates can challenge the provisional answers by visiting jeemain.nta.nic.in, paying a ₹200 non-refundable fee per question. The answer key was released on April 11, 2025, and objections must be submitted through the official portal. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/9u1NcDa

KEAM admit card 2025 released: Direct link to download hall tickets here

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The KEAM 2025 admit cards have been released by the Kerala Commissioner for Entrance Examinations on April 13, 2025. Candidates appearing for the engineering and pharmacy entrance exams can download their hall tickets from cee.kerala.gov.in. The exams will be conducted in CBT mode across scheduled dates in April, featuring multiple-choice questions in an objective format. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/kWVzcH9

JEE Mains 2025: What is the difference between mark and percentile?

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Many JEE Main aspirants struggle to differentiate between marks, percentiles, and ranks—key indicators of performance in this highly competitive exam. This article clearly explains how raw scores translate into percentile scores and how ranks are determined using a normalisation process. It also outlines the critical factors influencing the marks vs percentile vs rank equation in 2025. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/K7cLzwo

Rupee gains 64 paise to 86.04 as dollar loses globally

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Amid US tariff thaw, Sensex rises 1.3k points

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RBI to infuse Rs 40k crore into banking system

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At 2.9% in February, IIP growth slowest in 6 months

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Moody's cuts 2025 India GDP forecast to 6.1% from 6.4%

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Relief for exporters as US pauses tariffs

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Bitcoin soars 7% after Trump’s surprise 90-day tariff pause, crypto market follows suit

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Bitcoin surged over 7% to $82,350 after former President Trump announced a 90-day pause on tariffs. The move boosted investor confidence, causing a rally in the broader crypto market, with Ethereum, Dogecoin, and Solana all gaining. Despite this short-term boost, experts caution that market uncertainty remains, with Bitcoin down 12% year-to-date. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PtZcGCW

RBI set for rate cut, banks’ cost of funds may not drop

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Despite RBI's repo rate cuts, deposit rates remain high, impacting banks' cost of funds. While home loan borrowers benefit, depositors see limited gains due to investor shifts and liquidity pressures. Experts anticipate further repo rate cuts, but transmission to deposit rates will be gradual, influenced by banks' liquidity coverage and policy stance. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XSYIuvs

Shaky Street: Sensex surges 1.1k points day after 2.2k-point crash

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After Monday's significant losses, the Indian stock market rebounded strongly, fueled by positive global cues and short covering. The Sensex surged by 1.5%, and the Nifty by 1.7%, adding substantial wealth to investors. However, analysts advise caution, citing ongoing trade negotiations and FPI selling, with RBI's interest rate decision expected to influence future trading. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/49VzdAQ

Panel to monitor any import surge from China, Vietnam

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The Indian government is closely monitoring import surges, particularly from China and Vietnam, following global trade shifts triggered by reciprocal tariffs. An inter-ministerial group has been formed to track imports of consumer goods, electronics, chemicals, and steel. Simultaneously, efforts are being intensified to support exporters by exploring new markets and negotiating free trade agreements with key countries. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/az6WL0I