Indian stock markets will remain shut on Monday for Lok Sabha polls
ThePrint » Economy
by ANI
9h ago
New Delhi [India], May 19 (ANI): The stock market will remain closed on Monday for the Lok Sabha elections in Mumbai. The normal trade will resume on Tuesday. The next holiday after May 20 is scheduled for June 17 for Bakrid. The six seats in Mumbai that go to the polls on Monday are Mumbai ..read more
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India stock market outlook: Uptrend in indices expected to continue
ThePrint » Economy
by ANI
9h ago
New Delhi [India], May 19 (ANI): The Indian stock market seems to be bullish after the India VIX, also called the Fear Gauge, declined lately. Over the past few sessions, including the special trading session on Saturday, the benchmark stock indices gained substantially, bringing in handsome returns on investments for investors. The Volatility Index (VIX ..read more
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CII elects office bearers for 2024-25; ITC’s Sanjiv Puri assumes office as President
ThePrint » Economy
by ANI
9h ago
New Delhi [India], May 19 (ANI): The national council of industry body, the Confederation of Indian Industry (CII) has elected new office-bearers for the year 2024-25, at a meeting held on Saturday. Sanjiv Puri, Chairman and Managing Director of ITC Limited has assumed office as the President of CII for 2024-25. He takes over from ..read more
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What’s geopolitical recession? World seems to be heading for one
ThePrint » Economy
by Spencer Feingold
9h ago
The long-term rise of China and the 'Global South', combined with a decline of European and Japanese economic power is driving a fundamental shift ..read more
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Narayanan Vaghul cremated in Chennai, industry doyens pay last respects to veteran banker
ThePrint » Economy
by PTI
9h ago
Chennai, May 19 (PTI) Veteran banker and Padma Bhushan recipient Narayanan Vaghul, who died in the city on May 18, was cremated here on Sunday, family sources said. Vaghul was cremated at a city crematorium, after industry titans including Ajay Piramal and R Seshasayee paid their respects to the departed veteran here. Admitted to a ..read more
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FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May
ThePrint » Economy
by ANI
9h ago
New Delhi [India], May 19 (ANI): The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties. With over 10 days more to go in May, the latest data from National Securities ..read more
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8 of 10 business leaders globally adopting AI for growth: TCS study
ThePrint » Economy
by ANI
9h ago
New Delhi [India], May 19 (ANI): More than eight out of 10 senior business leaders have already deployed artificial intelligence (AI) to enhance existing revenue streams or create new ones, a new study by Tata Consultancy Services, a global leader in IT services, found recently. The ‘TCS AI for Business Study’, a report on the ..read more
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Family businesses should be run like trustees for the next generation: DCM Shriram’s chairman
ThePrint » Economy
by ANI
9h ago
New Delhi [India], May 19 (ANI): Addressing the session on “Securing the future of family businesses: Purpose-driven and Responsible,” Ajay S Shriram, Chairman and Senior Managing Director, DCM Shriram Limited, opened up about family businesses and emphasised that the enterprise needs to balance its approach like trustees for the next generation. He added that family ..read more
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Inter-ministerial consultation is key to sweeping reforms: DPIIT secretary at CII Summit
ThePrint » Economy
by ANI
14h ago
New Delhi [India], May 19 (ANI): The Centre has taken various measures to facilitate business in India. With robust growth, sweeping reforms, radically improved governance, fiscal discipline, infrastructure progress, rapid digitization and a focus on developing skills, the Center has taken several reforms to make it easier to do business in India. Rajesh Kumar Singh ..read more
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Irrespective of Lok Sabha poll outcome, Prabhudas Lilladher is bullish on these sectors
ThePrint » Economy
by ANI
14h ago
New Delhi [India], May 19 (ANI): Irrespective of who forms government at the Centre, sectors such as FMCG, auto, healthcare, IT services, private banks, and capital goods are expected to perform well, stated brokerage Prabhudas Lilladher in its latest report, ‘India Strategy Report – Mandate 2024, Brace of Volatility’. The brokerage says these sectors are ..read more
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