Wellness Financial News

India’s retail inflation likely rose for the second straight month to 5.9% in December 2023 mainly on account of an unfavourable base effect, according to the median estimate given by 19 economists in a Mint poll. The uptick, which comes after a 5.55% print in November, could support the Reserve Bank of India’s (RBI’s) decision to hold the repo rate steady at 6.5% for the fifth time a row last month. The predictions in the poll ranged between 5.5% and 6.4%, with six economists expecting inflation to be at or above 6%, the upper tolerance limit of the RBI’s inflation targeting mandate.

plantation companies including the Tata Coffee, owe about Rs 2000 crore in lease rentals and interest on dues to the Karnataka government, the state’s Forest, Environment & Ecology minister Eshwar B Khandre said on Tuesday, announcing legal steps to recover the money. These companies have taken large swathes of forest land on lease from the pre-Independence era, and been growing plantation crops including coffee, tea, rubber, and pepper. These plantations are dotted across the state including Kodagu, Dakshina Kannada and Chamarajanagar. The minister, sharing the details at a media conference, announced a special team headed by Principal Secretary (Environment) BP Ravi to recover the dues from the plantation companies.

World Economic Forum (WEF). In an online pre-meeting press conference, WEF President Borge Brende said the meeting will take place in a very complicated and the most challenging geopolitical and geo-economic scenario.

multivitamin tablets for women has become increasingly popular among various health strategies. These supplements are designed to fill nutritional gaps and support overall wellness. This article delves into why multivitamin tablets for women are essential and how they contribute to women's health.

Alternative fund managers and investors are expecting their organization’s risk appetite to increase in the year ahead, according to new research.

Interest rates, capital buffers and expense management are among the leading issues facing Canada’s biggest banks in 2024, but in the view of National Bank of Canada analyst Gabriel Dechaine, they’re only a start.

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DLF has reported Rs 7,200 crore sale from its latest luxury residential development, DLF Privana South in Gurugram, with the project getting sold out within 72 hours of the launch. This exclusive enclave will comprise 1,113 luxury residences across 7 towers, presenting 4 BHK apartments and penthouses.

Nitish Kumar is among the «top leaders» of the INDIA bloc, CPI general secretary D Raja said on Tuesday. However, he side-stepped queries about the JD(U) president being considered for a «bigger role».

Budget Measures for EVS: Amid calls to curb use of fossil fuel and improving sentiment of adoption of electric vehicles, India's Budget support and policies become a crucial factor for not only the stakeholders in the industry but for consumers as well who would want the best rates to shift from fuel vehicles to EVs. EV demand in India As per media reports, India's electric vehicle sector achieved a historic milestone in 2023, crossing 1.5 million unit sales, marking a remarkable 46% year-on-year growth for the first time. Want to know nitty-gritties about Budget? Click here The demand for electric vehicles (EVs) in India has surged by over 100% since 2017. In January-November 2023, EV sales skyrocketed to 89,137 units, doubling from 44,489 units in the corresponding period of 2022. Tata Motors, the EV leader, anticipates a slight moderation in 2024 due to a high base. However, they forecast annual electric car sales to reach 1 million units by 2028, supported by new launches and expanded charging infrastructure. Tata Motors aims for EVs to constitute 25% of its sales by 2027 and 50% by the decade's end.

Jim Freedman, Intrepid Investment Bankers chairman, discuss how rate cuts could help small and midsize businesses with debt and capital growth on 'The Claman Countdown.' 

By Joyce Lee and Heekyong Yang

Investing.com-- Gold prices rose slightly in Asian trade on Tuesday, recovering from a rough start to the year as markets reassessed expectations for early interest rate cuts by the Federal Reserve before key U.S. inflation data due this week.

Investing.com — European stock markets traded in a mixed fashion Tuesday, as investors digested weak German economic data as well as a positive overnight close on Wall Street. 

Voltas Ltd. traded 1.08 per cent higher in Tuesday's session at 11:52AM (IST). The stock opened at Rs 990.1 and has touched an intraday high and low of Rs 1003.05 and Rs 990.1, respectively, during the session so far.

fintech startup SalarySe has raised $5 million in its first institutional funding round from Peak XV’s seed fund Surge and Pravega Ventures. The startup was founded in the middle of 2023 by IIT graduates Piyush Bagaria and Saumeet Nanda along with Mohit Gorisariya, a chartered accountant. It is building a technology platform to offer credit on digital payment railroad Unified Payments Interface (UPI).

JSW Steel Ltd on Tuesday announced that its consolidated crude steel production for the third quarter of FY24 stood at 6.87 million tonnes, up 8 per cent QoQ and 12 per cent YoY. 

Total sales grew 1.7% in December, compared with almost 7% growth a year earlier, the British Retail Consortium and consultancy KPMG said in a report Tuesday. Sales of non-food items declined over the three months to December, with shoppers particularly avoiding big-ticket purchases such as furniture and homeware. Clothing, jewelry and technology were other gift categories that struggled. 

Agrochemicals manufacturer GSP Crop Science is eyeing Rs 1,800 crore in revenue in 2024-25, following its domestic as well as overseas market expansion, a top company executive has said. “In 2022-23, our annual revenue was at Rs 1,600 crore. We are looking at Rs 1,800 crore revenue in FY25. Overall our target is to reach Rs 2,500 crore in next 3-4 years with the addition of overseas business especially in Brazil,” GSP Crop Science Managing Director Bhavesh Shah told PTI.

InterGlobe Aviation Ltd. gained 2.96 per cent to Rs 3038.4 in Tuesday's trade as of 10:10AM (IST). It hit a high of Rs 3041.85 and low of Rs 2976.15 during the session.

The formative period of a leader’s career is pivotal in sculpting her professional identity and trajectory. This phase, often fraught with challenges and uncertainty, marks the transition from academic shelter to the real-world arena, demanding self-sufficiency and strategic acumen. Here are five essential skills that can provide a competitive edge to emerging leaders at this critical juncture.