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India hiring sees 11 pc surge in July, retail & telecom jobs lead

Aug 7, 2024

Bengaluru, Aug 7 (IANS) Hiring activity in India saw an 11 per cent yearly increase in July compared to the same period last year, with retail and telecom jobs taking the lead, according to a report on Wednesday.The report by talent platform foundit (formerly Monster APAC & ME), also showed a slight month-on-month (MoM) decline of 1 per cent in…

India’s lifestyle market to hit $210 bn by 2028 riding on economic growth

Aug 7, 2024

New Delhi, Aug 7 (IANS) As disposable incomes rise amid overall economic growth, India’s lifestyle market is expected to grow at a CAGR of 10-12 per cent to reach $210 billion by 2028, according to a report. It is currently valued at $130…

Business

Credit card spendings via UPI platform touch new high

Aug 7, 2024

Mumbai, Aug 7 (IANS) The Unified Payments Interface (UPI) platform, a flagship of the Indian Digital Public Infrastructure (DPI) which has gone global, has added another feather to its cap.According to Dilip Asbe, Managing Director and CEO…

Business

Sensex snaps three-day fall as IT and auto stocks rise

Aug 7, 2024

Mumbai, Aug 7 (IANS) Indian stock market opened in green on Wednesday, following buying in auto and IT majors.At 9:37 a.m., Sensex was up 718 points or 0.93 per cent at 79,324 and Nifty was up 249 points or 1.04 per cent at 24,250.The…

Business

South Korean stock markets extend gains led by Samsung

Aug 7, 2024

Seoul, Aug 7 (Yonhap) Seoul shares extended gains on Wednesday, led by Samsung Electronics, despite concerns over lingering market jitters two days after massive selloffs due to fears of a US recession.The benchmark Korea Composite Stock…

Business

Fire in Mercedes-Benz, Kia electric cars trigger safety concerns

Aug 7, 2024

Seoul, Aug 7 (IANS) The recent electric vehicle fire incidents involving Mercedes-Benz and Kia models could not have come at a worse time for the local automotive industry, which has been eagerly preparing to introduce ambitious new…

Business

Shree Cement delivers steady Q1 performance

Aug 6, 2024

Mumbai, August 6, 2024 - Shree Cement, India’s third largest cement group by capacity, today announced its financial results for the quarter ended on 30 June, 2024. The Company reported ₹4,835 crore of revenue and ₹ 916 crore of EBITDA.…

Business

Indian stock markets end marginally low on a high volatile day

Aug 6, 2024

Mumbai, Aug 6 (IANS) After a roaring beginning in the morning trade when the Sensex surged by more than 900 points, the Indian benchmark indices ended at a marginal low on Tuesday, as investors remained cautious amid global concerns. Among…

Business

India’s installed solar power capacity reaches 85.47 GW, wind power at 46.65 GW: Minister

Aug 6, 2024

New Delhi, Aug 6 (IANS) The government on Tuesday informed that the total installed capacity of solar photovoltaic (PV) power in the country stands at 85.47 gigawatt (GW) and wind power at 46.65 GW.The Centre has undertaken several measures…

Business

1,530 Indian-flagged vessels handling record 13.5 million gross tonnage: Minister

Aug 6, 2024

New Delhi, Aug 6 (IANS) In a boost for domestic capabilities while reducing dependency on foreign entities in the shipping sector, there has been a consistent rise in Indian tonnage and now, 1,530 vessels are Indian-flagged with 13.7…

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