India Financial News
27.12 / 01:07
27.12 / 01:07
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GCC hiring momentum to continue next year with 18-20% surge in uptake
Global capability centres (GCCs), a lifeline for a lacklustre job market in 2024, are expected to continue their bull run in the year ahead, with an expected 18-20% surge in hiring in 2025.
27.12 / 01:07
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Bright growth outlook for H2, but new risks seen in FY26: Finance Ministry
In its economic review for November, the ministry also said the «combination of monetary policy stance and macro-prudential measures by the central bank may have contributed to the demand slowdown» in the first half of FY25. It termed the RBI's move to lower the cash reserve ratio to 4% from 4.5% as «good news». This will enable banks to lend more and should help boost credit growth, which has «slowed a little too much and quickly in FY25», the ministry said.
27.12 / 01:07
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Seed funding drops 25% in 2024 as VCs retreat
Seed funding in India saw a 25% dip in calendar 2024 as investors exercised caution. In overall funding, however, startups secured $11.3 billion in funding, marking a 6% increase compared to calendar 2023, said Tracxn's annual India Tech Funding report.
27.12 / 01:07
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Silicon Valley founder Jyoti Bansal to step up India play with big tech team
Jyoti Bansal, who sold his first startup AppDynamics to Cisco for $3.7 billion in 2017, plans to more than double the employee count of his current ventures Harness and Traceable in India to 1,000 in three to four years, up from 400 now.
27.12 / 01:07
27.12 / 01:07
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Railways looks to lay PPP track for new projects
Indian Railways is planning to adopt the public-private partnership (PPP) model for developing new projects, officials said, as the state-run transporter looks to share costs of large-scale infrastructure projects.
27.12 / 01:07
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Stocks in news: Adani Enterprises, Jubilant Food, IndusInd Bank, Aarti Pharma, Gujarat Fluorochemicals
Adani Enterprises, Jubilant Food, IndusInd Bank, Aarti Pharma, Gujarat Fluorochemicals among others will be in focus due to various news developments. Adani Enterprises Adani Enterprises shares are expected to be in focus today following a 26% stake purchase in Gidhmuri Paturia Collieries (GPCPL) from Sainik Mining and Allied Services.
27.12 / 01:07
27.12 / 00:53
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IITs bring in phone a friend to help students during placements
Subscribe to enjoy similar stories. Every year, dozens of engineering wiz kids are snapped up at eye-popping salaries from the Indian Institutes of Technology (IIT). But for those left behind after the top recruiters have left, the struggle is real.
27.12 / 00:53
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Consumer goods companies brace for an uncertain 2025 but hope to cash in on premium cravings
Subscribe to enjoy similar stories. After a year of fluctuating demand, particularly in urban markets, packaged consumer goods companies are cautious about business in the upcoming fiscal year. Although companies see demand rebounding only from the first half of fiscal 2025-26, they have their hopes pinned on a growing consumer craving for premium products.
27.12 / 00:53
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JSW secures Hindustan Copper mines in Jharkhand in strategic move into non-ferrous metals
Subscribe to enjoy similar stories. The Sajjan Jindal-led JSW Group has added copper to its metals business, marking its entry into the non-ferrous metals industry and opening up doors to a vast range of consumer applications, including electronics, telecommunications and healthcare. The company has won a bid to secure two copper mines in Jharkhand from state-owned Hindustan Copper, two people with direct knowledge of the matter said on condition of anonymity.
27.12 / 00:53
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Indian medtech firms eye exports as established MNCs dominate local market
Subscribe to enjoy similar stories. India’s medical technology (medtech) industry is poised for rapid growth in the coming years, with several new players entering the segment to meet the rising global demand for a range of medical devices. The Indian medtech industry is relatively young and will take time to earn the confidence of local hospital chains that source most of their devices from established, foreign multinational corporations (MNCs).
27.12 / 00:53
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Stocks to buy: Ankush Bajaj recommends three stocks for today—27 December
Subscribe to enjoy similar stories. Nifty and Bank Nifty: The Indian stock market closed almost flat on Thursday, 26 December. The Nifty 50 closed with a marginal gain of 0.10%, or 22.55 points, settling at 23,750.
27.12 / 00:53
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From igloos to private islands: How India’s wealthiest explored the world in 2024
Subscribe to enjoy similar stories. New Delhi: India’s wealthiest always travel a bit differently, seeking out locations and experiences that are less explored. This year was no different, with travel agencies working hard at sending their clients away to explore new destinations from snow-capped mountains to private islands.
27.12 / 00:53
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Stocks to buy: Two stock recommendations from MarketSmith India for 27 December
Subscribe to enjoy similar stories. Nifty50 has been hovering below its 200-day simple moving average (SMA/DMA), which is currently around 23,850, for the past four trading sessions and has faced strong resistance around it. Market action on Thursday formed another doji candle in a row below the 200-DMA.
27.12 / 00:53
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OTTs in 2024: Strengthening ad models, an emerging dominant player and rationalizing content
Subscribe to enjoy similar stories. New Delhi: The video-streaming industry in India continued its slow but steady trajectory in 2024, with the emergence of a brand-new force after the Disney-Jio merger was wrapped up and the latter’s OTT service JioCinema introducing premium subscription plans. Most other services operated robust ad-supported tiers and hybrid models to improve margins.
27.12 / 00:53
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India must envision and develop ambitious new tourism projects
Subscribe to enjoy similar stories. New Delhi: Our economy has been one of the fastest growing globally, successfully doubling its per capita income over the last decade. This economic shift is driving a surge in consumption, with domestic tourism almost doubling from 1.28 billion in 2014 visitations to 2.51 billion in 2023.
27.12 / 00:53
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Re-releases save the day as Bollywood remains absent from theatres in 2024
Subscribe to enjoy similar stories. New Delhi: Bollywood couldn’t have been more conspicuous by its absence in movie theatres this year, with nearly the full April-June quarter going by without any big releases. The industry was hit hard by the Lok Sabha elections and IPL (Indian Premier League) between April and May, and just a handful of titles attracted audiences to the theatres.
26.12 / 21:29
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Can you believe this? World record 1000-foot rollercoaster in pipeline!
Megalodon’ is set to be unveiled in the year 2025 while aiming to become the world's tallest at an astonishing height of 1,000 feet, reported Express US.
26.12 / 21:29
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Teddy Bridgewater Coming Out of Retirement to Rejoin the Lions
Teddy Bridgewater is making a surprising return to the NFL, rejoining the Detroit Lions after a brief retirement. Lions head coach Dan Campbell confirmed the news on Thursday, highlighting the veteran quarterback’s professionalism and experience as key reasons for his return. Bridgewater, 32, last played for the Lions in 2023 and had recently been coaching high school football, where he led Miami Northwestern to a state championship in his first season.
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