Domestic benchmark equity indices have shown sustained resilience in 2024 — the BSE Sensex gained 8.7% as of December 23, the ninth consecutive year of positive return. This is despite the heavy selling by FPIs in the secondary equity market…
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International Gemmological IPO Allotment Status The International Gemmological IPO has generated significant interest among investors, and checking the allotment status is a crucial step for those who participated in the public offering. Investors eagerly await the results to know whether…
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The FMCG industry saw a decrease in volume growth to 4.3% in August-October 2024, down from 6.4% a year ago. Urban growth was 4.5%, while rural growth was 4%. Spending increased 13% in two years. Food inflation remains high. Personal…
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The Indian government’s Production-Linked Incentive (PLI) Scheme is a targeted initiative to boost the country’s manufacturing sector, attract foreign investments, and enhance India’s competitiveness in global markets. Introduced in March 2020, it aims to create a robust domestic manufacturing ecosystem…
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Protean eGov Technologies Limited and Alankit Limited have settled a financial dispute for ₹38.06 Crores, stemming from an initial claim of ₹68.5 Crores. The settlement includes ₹28.54 Crores as a counterclaim offset and ₹9.52 Crores received post-settlement. The Bombay High…
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The Reserve Bank of India’s Monetary Policy Committee may consider a rate cut in February if food inflation declines in January. Lower food prices could support economic growth, with some members advocating for easing rates. Meanwhile, the Indian rupee faces…
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