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India’s services sector growth surges leading to more jobs in March: PMI survey

Apr 4, 2024

New Delhi, April 4 (IANS) India's services sector growth accelerated in March on the back of strong demand, leading to employment increasing at the fastest rate in seven months and export business expanding at a record pace during the month, according to an HSBC survey released on Thursday.HSBC India Services Purchasing Managers' Index (PMI),…

Rise of small regional competitors adversely affect larger FMCG companies

Apr 4, 2024

New Delhi, April 4 (IANS) In Q4FY24, demand for FMCG products faced ongoing challenges, dampening volume growth, Elara Securities said. Factors such as low farm income and the rise of small regional competitors are adversely affecting…

Business

Gold prices soar to new high for seventh day in a row

Apr 4, 2024

New Delhi, April 4 (IANS) Gold prices, on Thursday, soared to a new lifetime high of Rs 69,908 per 10 gm on India’s Multi Commodity Exchange (MCX) after the price of the precious metal scaled a new all-time high in the international market…

Business

Quantum Energy Extends Limited-time Offer on New Plasma X and XR Electric Scooters till 30th April

Apr 4, 2024

Quantum Energy, a leading electric vehicle (EV) startup specializing in the design, development, and manufacturing of electric scooters,

Business

Centre Court Capital launches Rs 350 cr gaming, sports tech fund

Apr 4, 2024

New Delhi, April 4 (IANS) Venture capital (VC) firm Centre Court Capital (CCC) on Thursday launched a Rs 350 crore fund to revolutionise the country's sports and gaming landscape. According to the company, the fund will back founders…

Business

Next major trigger for markets will be Q4 results

Apr 4, 2024

New Delhi, April 4 (IANS) Q4 results will be the next major trigger for the market from a sectoral and stock-specific perspective, said V. K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services. Global and domestic cues…

Business

Four carmakers to recall over 50,000 vehicles for faulty parts

Apr 4, 2024

Seoul, April 4 (IANS) Mercedes-Benz Korea, Stellantis Korea and two other carmakers will recall more than 50,000 vehicles due to faulty components, the Transport Ministry here said on Thursday. The four companies, including Honda Motor and…

Business

S. Korea to spend $527 million to integrate AI in people’s life

Apr 4, 2024

Seoul, April 4 (IANS) South Korea will funnel 710.2 billion won ($526.9 million) into the government's projects to integrate artificial intelligence (AI) into everyday life, the science ministry said on Thursday.The AI Strategy High-Level…

Business

Power Ministry sets up panel for monitoring thermal power projects

Apr 4, 2024

Mumbai, April 3 (IANS) The Union Power Ministry has constituted an independent Thermal Project Monitoring Group (TPMG) for the monitoring and execution of thermal power projects that are under implementation.Headed by the Central…

Business

Vedanta Aluminium to expand, targets production cost of $600-1,000/ton, new name finalised

Apr 4, 2024

Chennai, April 3 (IANS) The demerger of Anil Agarwal's Vedanta Ltd into six companies has got the green signal from the bourses while discussions with the lenders on the division of the debt with the demerged entities are on. The name of…

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