Indian equities, over the upcoming week, are expected to be driven by a combination of domestic macroeconomic data, global cues, and foreign investor activity, analysts said.Equity benchmarks ended the previous week on a muted note, weighed down by ongoing global uncertainties. The BSE Sensex fell 609.51 points or 0.74%, while the NSE Nifty declined 166.65…
Tripura government has been working to develop an infrastructure to support AI and 5G network in the state. CM Manik Saha said that AI reduces operational complexity by using smart algorithms to perform a variety of tasks, leading to faster performance, greater efficiency, and lower costs.Simultaneously, 5G technology transfers information quickly. He also said that…
Are you a central government employee looking to secure financial stability after your retirement but fear NPS is too risky? There is a major decision awaiting for you. On April 1, 2025, the central government rolled out a new pension scheme for its workers, called the Unified Pension Scheme or UPS which offers to provide…
Foreign portfolio inventors, this week, reversed May’s overall net inflows, withdrawing Rs 4,84.32 crore between May 19 and May 23. The FPIs turned net sellers in Indian equities, as the total investment now stands at Rs 13, 835 crore, down from the Rs 18,620 crore registered over the previous week, the data from National Securities…
State-owned power major NTPC on Saturday reported a 22 per cent rise in its consolidated net profit to Rs 7,897.14 crore for the March quarter of FY25, boosted by increased revenue from its generation business.The company had posted a profit of Rs 6,490.05 crore in the same quarter of the previous year, according to its…
HAL, anticipating orders worth Rs 2.5 trillion by 2026-27, is increasing production of LCA and Light Combat Helicopters. (File photo of Tejas) HAL defence aircraft to be made in Andhra Pradesh? N Chandrababu Naidu, the Chief Minister of Andhra Pradesh and a significant NDA ally, has proposed relocating the production facilities of Hindustan Aeronautics Limited’s…
Asian currencies are expected to appreciate against the US dollar in the long term, driven by higher gross national savings in emerging Asian economies compared to developed G7 nations, according to a recent report by Jefferies.The report pointed out that the gross national savings in emerging Asian countries are significantly higher, providing these economies with…
The Chinese government’s subsidies aimed at boosting domestic consumption have led to a surge in the sales of digital products like smartphones, tablets, and smartwatches, generating about $20 billion in just four months, according to the Ministry of Commerce.As of Thursday, over 48 million consumers participated in the government’s digital product subsidy scheme, purchasing a…
India has officially surpassed Japan to become the fourth largest economy in the world, according to NITI Aayog CEO B V R Subrahmanyam. Speaking at a press briefing following the 10th Governing Council meeting of NITI Aayog on Saturday, Subrahmanyam highlighted the favourable geopolitical and economic conditions for India.“We are the fourth largest economy as…
Maharashtra has set an ambitious target of becoming a $5-trillion economy by 2047, with Chief Minister Devendra Fadnavis highlighting the state’s comprehensive strategy to achieve this goal. Addressing the NITI Aayog Governing Council meeting, Fadnavis said the state government is committed to implementing its vision for both development and the preservation of heritage, aligned with…
