More than Pakistan, Nepal, Sri Lanka combined GDPs! LIC’s assets under management cross Rs 50 lakh crore mark
LIC's AUM is now almost twice the size of Pakistan's GDP, which stands at approximately $338.24 billion, according to IMF data. Even as India is poised to become an economic superpower amidst the looming global financial challenges, Pakistan, burdened by debt, has been grappling with financial difficulties
How results of Lok Sabha polls will impact sensex, Nifty
According to a Bloomberg News survey of market participants, Indian stocks require Prime Minister Narendra Modi's party to secure more than 303 seats in the general election to continue their unprecedented rally. The survey, which included 32 asset managers, strategists, and dealers, suggests that a reduced majority for the ruling BJP could result in a 2% decline in the NSE Nifty 50 Index, along with potential losses in the rupee and sovereign bonds.
PAN-Aadhaar linking: Income Tax Department has important update - link your PAN with Aadhaar card by May 31, 2024 to avoid higher TDS
The Income Tax Department has urged taxpayers to link PAN with Aadhaar by May 31, 2024, to prevent higher tax deductions.
Sensex falls for 3rd day ahead of poll results
Sensex closed lower in volatile trade on Tuesday amid profit-taking in power, oil, and capital goods shares ahead of results of Lok Sabha polls.
Wipro, IISc partner for AI health tech
RBI launches G-Secs app to woo retail investors
RBI launched a mobile app, RBI Retail Direct, by Clearing Corporation of India, allowing retail investors to buy and sell govt securities. The app facilitates bidding in RBI auctions and trading on CCIL's NDS-OM platform.
Hyderabad, Pune, Navi Mumbai most dynamic talent hubs in India with best overall quality of life: KPMG
Hyderabad, Pune, and Navi Mumbai are emerging as dynamic talent hubs in India, ranking high in quality of living, according to KPMG in India's Talent Feasibility Report.
Stock market today: BSE Sensex ends 668 points down; Nifty50 near 22,700 as bears growl
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, plunged in trade on Wednesday. While BSE Sensex dipped over 650 points, Nifty50 went below 22,750.
Make in India: US-based GS Precision & Jeh Aerospace tie up for making aero-engine parts at Hyderabad facility
Jeh Aerospace and US-based GS Precision have entered a manufacturing partnership to establish a production facility in Hyderabad.
Avendus to raise $350 million for late-stage investments
Avendus is seeking $350 million for its new fund to make late-stage investments in various sectors, targeting companies valued between $800 million to $5 billion. They aim to expand their investor base.
Top 10 Stock Markets In The World: India Among Top 5! Where Do China, US, Japan Rank? Check List
TCS, IIT-Bombay team up for chip imaging tool
TCS and IIT Bombay have joined hands to build India's first advanced sensing tool for semiconductor chips. The tool is expected to reduce chances of chip failures and improve the efficiency of electronic devices, the IT major said on Tuesday.
IRCTC share price today: Railway PSU stock drops 5% after Q4 results miss Street expectations
IRCTC's shares fell by 5% to Rs 1,028 following the quarterly earnings report. Despite a 1.8% increase in profit after tax (PAT) to Rs 284 crore, the results fell short of market expectations.
'Don't delay, vote today': Elon Musk entices investors with factory tours to garner support for pay package
Elon Musk has offered exclusive factory tours to Tesla shareholders, the day before the annual shareholders' meeting, to secure approval for his $56 billion compensation package, despite concerns about his divided attention on Tesla and other ventures. Shareholders' decision on the pay package will reflect their confidence in Musk's leadership and dedication to Tesla's success.
MF nomination deadline, special FDs & free Aadhaar update: Don't miss these 6 money deadlines in June 2024
Money deadlines for June 2024: The deadline for completing the nomination process for mutual funds and demat accounts is June 30, 2024. This deadline was previously set for December 31, 2023.
What are ‘Modi stocks’? Global brokerage CLSA has this to say on these 'outperformers' ahead of Lok Sabha election results
'Modi stocks' go beyond the usual market leaders and include 54 companies within the F&O universe, says global brokerage firm CLSA. Half of these companies are PSUs, and the list features names such as L&T, NTPC, NHPC, PFC, ONGC, IGL, Mahanagar Gas, Bharti Airtel, Indus Towers, and Reliance Industries (RIL).
Salesforce India ups hiring for new AI roles
Salesforce uses AI and automation to match potential candidates to roles based on skills. They receive over 2 million applicants a year.
Bank holidays June 24: Banks to be closed for 10 days - check state-wise list here
In June 2024, all private and public sector banks in India will observe 10 holidays, including regional holidays, second and fourth Saturdays, and all Sundays. Online banking services will still be available on these days.
Budget 2024: India’s capital expenditure outlay may see 10% hike thanks to tax revenue, RBI’s bumper dividend payout
India's FY25 capital expenditure is projected to rise by 8-10% from the interim budget allocation, driven by strong tax revenue and a record surplus transfer from the RBI.
India big gainer from China plus one strategy! 'Exports to almost double to $835 billion'; here’s why
India and Vietnam are emerging as significant beneficiaries of the China plus one strategy, with Nomura forecasting a substantial rise in India's exports to $835 billion by 2030.