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EPFO retains interest rate on PF deposits at 8.25 per cent for 2024-25

Feb 28, 2025

New Delhi, Feb 28 (IANS) Retirement fund body EPFO has decided to retain the interest rate on employees' provident fund deposits at 8.25 per cent for 2024-25 - the same as the previous year.The decision was taken by the EPFO's Central Board of Trustees at a meeting held on Friday, according to reliable sources.The Employees' Provident Fund…

Nuvama cuts SpiceJet share price target, stock tanks about 7 pc

Feb 27, 2025

Mumbai, Feb 27 (IANS) SpiceJet's stock on Thursday took a hit by falling over 8 per cent during an intra-day low as the brokerage firm Nuvama slashed its target price by 14 per cent while maintaining a 'hold' rating.At the closing bell, the…

Business

Indian retail market set to reach Rs 190 lakh crore by 2034 as consumption surges

Feb 27, 2025

Mumbai, Feb 27 (IANS) India, the fastest-growing major economy, is set to become the third-largest by GDP by 2030, driving a Rs 190 lakh crore retail market by 2034, according to a report released on Thursday.Consumption in the country has…

Business

Civil Aviation Minister inaugurates pocket-friendly UDAN Yatri Cafe at Chennai Airport

Feb 27, 2025

Chennai, Feb 27 (IANS) Union Civil Aviation Minister Ram Mohan Naidu on Thursday inaugurated the UDAN Yatri Cafe at Chennai Airport, marking the second such facility under this initiative for providing snacks to air travellers at reasonable…

Business

Stock market ends flat as investors remain cautious, NBFC stocks rally

Feb 27, 2025

Mumbai, Feb 27 (IANS) Indian stock markets on Thursday remained range-bound, with the benchmark indices trading in a narrow range as cautious sentiment continued to dominate the investors.The Sensex fluctuated between a high of 74,834 and a…

Business

Retail sales record 5 per cent rise in January

Feb 27, 2025

Mumbai, Feb 27 (IANS) Retail sales in India recorded a 5 per cent growth in January this year compared to the sales in January 2024, according to the latest survey released by the Retailers Association of India (RAI).Across categories, food…

Business

World Bank sees India as right place to invest for global firms

Feb 27, 2025

Guwahati, Feb 27 (IANS) The World Bank has reaffirmed its positive outlook on India's economic growth, urging global companies to invest in the country.Speaking at the 'Advantage Assam 2.0 Business Summit' here, World Bank Country Director,…

Business

Over 7 in 10 Indian professionals expect salary growth, 20 pc sees no change: Report

Feb 27, 2025

Bengaluru, Feb 27 (IANS) More than seven in 10 (77 per cent) of professionals in India anticipate significant salary growth in their industry, while 20 per cent expect no change and only 3 per cent foresee a decline, a report showed on…

Business

Wow! Momo reports Rs 114 crore loss in FY24, rising costs eat into profits

Feb 26, 2025

New Delhi, Feb 26 (IANS) Quick-service restaurant (QSR) chain Wow! Momo has reported a net loss of Rs 114 crore in FY24, as the company struggled with the rising expenses.The company’s total expenditure grew by 11.9 per cent to Rs 593 crore…

Business

Govt committed to making housing accessible for all: Piyush Goyal

Feb 26, 2025

Mumbai, Feb 26 (IANS) The government is committed to making housing accessible and sustainable for all, Union Minister of Commerce and Industry, Piyush Goyal, has said.At an event here, Goyal conveyed Prime Minister Narendra Modi’s message,…

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