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Aspirational India’s integration with startup sector to further propel economy: Centre

Feb 27, 2024

New Delhi, Feb 27 (IANS) The integration of the aspirational India with the startup sector will propel India’s economy in this 'Amrit Kaal' to become a 'Viksit Bharat' by 2047, the Centre said here on Tuesday.Union Minister of Commerce and Industry Piyush Goyal encouraged the involvement of youth with a bent of entrepreneurship and innovation at…

Foreign investors unwilling to chase most stocks at current valuations, say analysts

Feb 27, 2024

New Delhi, Feb 27 (IANS) Foreign investors are looking to buy Indian stocks on any meaningful correction, but are unwilling to chase most stocks at current valuations, says Pratik Gupta, CEO & Co-Head, Kotak Institutional Equities. The…

Business

Russia to ban gasoline exports for six months from March 1

Feb 27, 2024

Moscow, Feb 27 (IANS) Russia will introduce a six-month ban on gasoline exports, beginning March 1, a spokesperson for Russian Deputy Prime Minister Alexander Novak said on Tuesday.Talking to reporters, the spokesperson said the move aims…

Business

GeM to end FY24 with sales of Rs 4 lakh cr to govt: Piyush Goyal

Feb 27, 2024

New Delhi, Feb 27 (IANS) The Government e-Marketplace (GeM) is set to close the fiscal year ending March 2024 with sales of Rs 4 lakh crore to the government from the turnover of Rs 422 crore in its first year of operation, Union Minister…

Business

Asian central banks will not cut rates ahead of the Fed: Morgan Stanley

Feb 27, 2024

New Delhi, Feb 27 (IANS) The latest commentary from Asian central banks signals that they have adopted a wait-and-see approach to rate cuts, foreign brokerage, Morgan Stanley said. While inflation is coming off, in most of the region's…

Business

Govt will continue with nextgen economic reforms in 3rd term: Nirmala Sitharaman

Feb 27, 2024

New Delhi, Feb 27 (IANS) The Narendra Modi-led government will continue with the next-generation economic reforms to make India the third largest economy in the world, Finance Minister Nirmala Sitharaman said on Tuesday.“The third term that…

Business

HFCL, MediaTek partner to help Indian telcos address last-mile 5G connectivity

Feb 27, 2024

New Delhi, Feb 27 (IANS) In a bid to push the government’s vision of creating a sustainable telecom ecosystem, technology enterprise and communications solution provider HFCL Limited on Tuesday partnered with chip-maker MediaTek to…

Business

PM Modi inaugurates 1st edition of Bharat-Tex 2024 at Bharat Mandapam

Feb 27, 2024

New Delhi – 26th February 2024 - The 1st edition of Bharat-Tex 2024 being held at Bharat Mandapam and Yashobhoomi, New Delhi from 26th to 29th February 2024 was inaugurated today by the Prime Minister of India, Narendra Modi at a vibrant…

Business

Global automakers scale back electric vehicles, turn towards hybrids

Feb 27, 2024

New Delhi, Feb 27 (IANS) Global electrification, previously driven by strong electric vehicle sales, is now showing signs of growth moderation despite supply chain normalisation and price reductions by OEMs, as per a report by JM Financial…

Business

Red flags going up on excessive valuations of small cap stocks

Feb 27, 2024

New Delhi, Feb 27 (IANS) There are indications of exhaustion in the market rally, particularly in the broader market, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. Higher valuations are constraining the…

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