[ad_1] NEW DELHI: India’s services sector growth reached a four-month high in December, driven by a surge in new business inflows on strong demand conditions, and a reduction in inflationary pressures, according to a monthly survey released on Monday.The seasonally adjusted HSBC India Services Business Activity Index rose to 59.3 in December, up from 58.4…
[ad_1] NEW DELHI: Securitisation volumes saw an 80 per cent year-on-year rise, reaching Rs 68,000 crore in the December quarter, according to ICRA. The agency revised its total volume estimates for the current financial year to Rs 2.4 lakh crore, up from the earlier forecast of Rs 2.1 lakh crore, marking a 25 per cent…
[ad_1] NEW DELHI: In November 2024, central banks globally added a combined total of 53 tonnes of gold to their reserves, with the Reserve Bank of India (RBI) contributing 8 tonnes, according to the World Gold Council (WGC). In 2024, central banks, particularly those from emerging markets, continued to be avid buyers of gold, to…
[ad_1] NEW DELHI: Global central banks remained active in the gold market in November 2024, collectively adding 53 tonnes of the precious metal to their reserves, according to the World Gold Council.This sustained buying trend reflects the growing preference for gold as a stable and secure asset amidst global economic uncertainties.India’s year-to-date purchased 73 tonnes…
[ad_1] NEW DELHI: Investors faced a severe blow on Monday as the stock market tumbled, amid concerns over third quarter results and foreign fund withdrawal, wiping out Rs 10.98 lakh crore in wealth. Benchmark indices The 30-share BSE benchmark Sensex plunged 1,258.12 points, or 1.59 per cent, closing at 77,964.99, below the crucial 78,000 mark….
[ad_1] NEW DELHI: Vedanta Aluminium said the company has been recognized for its sustainability efforts, securing the second position in the S&P Global Corporate Sustainability Assessment (CSA) for the aluminium sector globally. With an overall score of 77, based on the robust Environmental, Social, and Governance (ESG) parameters, this achievement marks a significant milestone for…
[ad_1] NEW DELHI: The cost of home-cooked meals saw a hike in December with an average cost of preparing a vegetarian thali 6 per cent up at Rs 31.6 per plate against Rs 29.7 in the previous year. However, this slightly declined from November’s rate of Rs 32.7.This surge was fuelled by higher prices of…
[ad_1] The BSE Sensex dropped significantly by 1,258.12 points or 1.59 per cent, closing at 77,964.99. (AI image) Stock market crash today: Stock market indices BSE Sensex and Nifty50 crashed in trade on Friday driven by widespread selling pressure. Investors’ confidence was affected by worries about third-quarter earnings performance and continuous foreign investment outflows. The…
[ad_1] South Korea, renowned global leader in the cosmetics and plastic surgery sector, achieved a significant milestone in its K-beauty industry with exports surpassing the $10 billion mark in 2024, according to the government data released on Monday.Yonhap news agency reported that as per the ministry of food and drug safety, the total value of…
[ad_1] NEW DELHI: National Highways Authority of India (NHAI) has pre-paid loans of worth Rs 56,000 crore during the current fiscal, helping the state-owned agency to save interest cost of around Rs 1,200 crore, a senior government official said on Sunday. The official told PTI that NHAI’s total debt at the beginning of the current…
