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Investors to focus on series of economic data globally in the coming week

Dec 31, 2023

New Delhi, Dec 31 (IANS) We expect a modest return of 10 to 12 per cent on the main market in CY24, says Vinod Nair, Head of Research at Geojit Financial Services.It is advised to diversify the investment pattern to multi-assets. It is suitable to be diverse when equities are trading above the long-term average for a prolonged periodThe euphoria is…

Cybersecurity sector was not immune from job losses in 2023

Dec 31, 2023

New Delhi, Dec 31 (IANS) As tech layoffs are set to continue unabated in 2024, the cybersecurity industry was not immune from job losses and more than 110 cybersecurity companies fired thousands of employees in 2023. Once largely…

Business

Chinese stocks were big losers of 2023

Dec 31, 2023

London, Dec 30 (IANS) While 2023 has been the best year for global stocks since before the pandemic, with markets in the United States, Europe, Japan and India enjoying strong rallies, investors have soured on China, a media report said.A…

Business

Wall Street hits record high in 2023

Dec 30, 2023

New York, Dec 30 (IANS) Wall Street hit record high after record high in 2023, a year investors had feared would be a washout as elevated interest rates threatened to grind the economy to a halt, media reports said. However, a resilient…

Business

South Delhi consumer ordered 9,940 condoms from Blinkit in 2023

Dec 30, 2023

New Delhi, Dec 30 (IANS) A South Delhi consumer ordered a whopping 9,940 condoms from Zomato-owned quick delivery platform Blinkit in 2023 who, according to the company, "deserves a standing ovation".While Gurugram ordered 65,973 lighters…

Business

Tony Nader inaugurates 134 nation assembly of 10,000 for world peace

Dec 30, 2023

Hyderabad, Dec 29 (IANS) With 10,125 representatives from 134 nations in attendance, and with the blessings of His Holiness Shri ShankaraVijayandra Saraswati ShankracharyaSwamigalof Sri KanchiKamakotiPeetham (Sri KanchiMatham,Tamil Nadu),…

Business

How Tesla can be able to produce a Rs 20 lakh EV for Indian masses

Dec 30, 2023

New Delhi, Dec 30 (IANS) Elon Musk looks all set to enter the burgeoning Indian electric vehicle (EV) market in the New Year after several years of dilly-dallying, giving the masses a hope that owning a cheaper Tesla Model 3 may soon be…

Business

Huge investments by FPIs in 2023 at Rs 1.71 lakh crore

Dec 30, 2023

New Delhi, Dec 30 (IANS) The year 2023 has witnessed huge investment by FPIs thanks to the sharp uptick in flows in December, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. FPI inflows which were negative…

Business

AI to touch every aspect of Indian tech industry in 2024: Top leaders

Dec 30, 2023

New Delhi, Dec 30 (IANS) Leading Indian tech industry leaders said on Saturday that the coming year presents an exciting opportunity for purpose-driven organisations to better serve their communities as we advance in ways of using AI which…

Business

Snapdeal logs Rs 388 cr revenue in FY23, reduces losses by 45%

Dec 30, 2023

New Delhi, Dec 30 (IANS) E-commerce platform Snapdeal has registered Rs 388 crore in revenue in FY23, as it significantly reduced losses by 45 per cent to Rs 282 crore in the last financial year, as compared to Rs 510 crore in FY22.The…

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