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U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a trend

The International Labour Organization (ILO) in partnership with the Institute for Human Development (IHD) recently released the India Employment Report 2024, which has a special focus on youth employment. The report, a careful analysis of the job situation in India, created its usual set of headlines. Unfortunately, many of these headlines were mischievous, detracting from many important characteristics of India’s improving labour market.

A hotter-than-expected consumer price index reading rattled markets Wednesday, but markets are buzzing about an even more specific prices gauge contained within the data — the so-called supercore inflation reading.

Bacardi India managing director Vinay Golikeri said, citing Bacardi Cocktail Trends Report 2024. «Premiumisation has endured, and we are into the golden age of spirits as the cocktail culture revolution is flourishing in India,» Golikeri said in an interview. The maker of Bacardi rum, Bombay Sapphire gin, Grey Goose vodka and Dewar's Scotch is accelerating premiumisation across its portfolio in sync with demand trends, he added. Golikeri termed India as a «standout» market for the multinational alcobev maker. He declined to comment on how much the Indian arm contributes to Bacardi's global sales. Bacardi India reported revenue of more than ₹500 crore for the financial year ended March 31, 2023, according to the latest available data from business intelligence platform Tofler.

ALSO READ: US stocks sink after inflation data, Treasury yields jump It stood by its forecast of full year earnings between $6 and $7 per share. The airline predicted that second quarter revenue will be 5 per cent to 7 per cent higher than a year ago. Excluding special items, it earned 45 cents per share, said Delta.

Intermediate first year and second-year examinations--which concluded last month—by the end of this week. The exam results will be available on the official websites of the BIEAP at bie.ap.gov.in and bieap.apcfss.in.

₹53,40,194 crore at the end of March 2024, as against ₹54.54 lakh crore as on February 29 this year, data released by the Association of Mutual Funds in India (AMFI) reveals. The number of new SIPs registered in March 2024 stood at 42,87,117. The SIP AUM was the highest ever at ₹10.71 lakh crore for March 2024 compared to ₹10.52 lakh crore for February 2024.

₹2 per litre last month, while prices of food, especially those of vegetables, are expected to moderate in line with seasonal trends. Additionally, core inflation, which excludes food, and fuel and light groups, is expected to continue its downward trajectory and may come in below the 4% mark for the fourth consecutive month.

Supreme Industries Ltd, Astral Ltd and Finolex Industries Ltd are likely to post double-digit volume growth in Q4 FY24. The benefits of channel re-stocking ahead of the anticipated increase in poly vinyl chloride (PVC) prices from April should also be visible in Q4 earnings. The potential imposition of an anti-dumping duty on PVC imports is the key factor to look forward to in the near future.

Chirag Negandhi, MD of JM Financial Limited. In an interview with Shilpy Sinha, he said that the market trajectory will increasingly hinge on the election manifestos, which will outline the broad policy direction for the upcoming term. On recent RBI action, the group is committed to regulatory compliance and is cooperating with the regulations, Negandhi said. Excerpts: Recently RBI has barred JM Financial from doing any financing against shares and debentures. How do you respond? I would like to reiterate that as a group we take all regulatory matters with utmost importance and are committed to cooperating with the regulators.

Shree Cements Ltd. traded at Rs 25753.05 on BSE at 02:09PM (IST) on Wednesday, down 0.86 per cent from previous close. The stock quoted a 52-week low price of Rs 22601.3 and a high of Rs 30710.15.

credit score or CIBIL score is crucial because it enables banks to only extend credit cards and loans to borrowers with solid credit histories. Your credit history is taken into account when you apply for loan while determining your CIBIL score. CIBIL does this computation using a proprietary method. However, the most crucial factors in this computation are your prior credit behaviours, including how you handled loans and credit card debt. They may make sure that credit is supplied to someone who manages credit responsibly by granting credit to someone with a high credit score.

Naad Wellness, a luxury resort firm, said the concept of wellness retreats has gained significant momentum post-pandemic and global health crisis served as a wake-up call, prompting a shift towards prioritizing holistic living and overall well-being. The company that started its operations in 2018, has around 50-60% occupancy at its property in the National Capital Region(Delhi NCR). It is exploring targeted marketing initiatives, strategic partnerships, and innovative wellness programs to further enhance occupancy levels. «The pandemic has brought about profound changes in travel and hospitality trends, with a heightened emphasis on safety, hygiene, and wellness. Travelers are now more discerning, opting for destinations and accommodations that prioritize health and rejuvenation. Additionally, there has been a surge in interest towards secluded, nature-centric retreats, reflecting a desire for solace and introspection amidst the chaos,» said Ramesh Kumar, managing director and co-founder at Naad Wellness.

Holani Venture Capital Fund to capitalize on investment opportunities within the SME sector. The company's focused approach and deep understanding of the SME landscape enable it to identify promising businesses with high growth potential in SME segment The fund to contribute to the growth of the SME ecosystem. Mumbai (Maharashtra) [India], April 9: Holani Venture Capital Fund, a fund promoted by a renowned name in the investing realm, The Holani Group, has received a communique from the Securities and Exchange Board of India (SEBI) for registration of its Alternate Investment Fund, enabling it to operate as a Equity Fund house. This landmark communication marks a significant milestone for the Holani Group, signaling its foray into the realm of fund management and investment.

LTIMindtree Ltd. gained 0.23 per cent to Rs 4902.65 in Wednesday's trade. It hit a high of Rs 4908.6 and low of Rs 4875.15 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 5357.63, while the 50-DMA was at Rs 5248.18. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Sensex, which crossed the 75,000 milestone in Tuesday's session, had broken the 25,000 barrier 10 years ago on May 16, 2014, when Prime Minister Narendra Modi won the Lok Sabha elections. This translates into a return of three times on the index itself. The market capitalisation of all BSE-listed stocks on that day 10 years ago was just Rs 81 lakh crore and has now jumped multi-fold to an all-time peak of Rs 400 lakh crore, making India the fifth largest stock market in the world.

Marico Ltd. rose 0.38 per cent to Rs 511.6 at 12:37PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 18,923 shares with a turnover of Rs 0.97 crore till 12:37PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 45.37, while the price-to-book value ratio stood at 16.29.

Havells India Ltd. traded at Rs 1508.6 on BSE at 12:48PM (IST) on Wednesday, down 0.27 per cent from previous close. The scrip quoted a 52-week low price of Rs 1158.5 and a high of Rs 1590.9.

The average prices of cement are down 5-6% in the March quarter as compared with Oct-Dec, with prices trending lower for five consecutive months between November and March.

Cholamandalam Investment & Finance Company Ltd. traded at Rs 1199.0 on BSE at 12:43PM (IST) on Wednesday, down 0.9 per cent from previous close. The scrip quoted a 52-week low price of Rs 815.3 and a high of Rs 1309.75.

Siemens Ltd. traded 0.01 per cent lower in Wednesday's session at 11:51AM (IST). The stock opened at Rs 5627.3 and has touched an intraday high and low of Rs 5627.3 and Rs 5589.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 5772.6 and a 52-week low of 3240.0. About 1,268 shares changed hands on the counter so far.