Petrol and diesel prices are a crucial aspect of the Indian economy, influencing consumer spending and transportation costs. Every morning at 6 am, oil marketing companies (OMCs) like Indian Oil, BPCL, and HPCL announce the prices of petrol and diesel for the day. This daily update ensures transparency and keeps consumers informed about the latest
Gold prices in India have seen fluctuations in recent times, impacting the cost of jewelry and investment opportunities. On August 30, 2024, the price of 24-carat gold hovered around Rs 73,150 per 10 grams, while 22-carat gold, commonly used in jewelry, was priced at Rs 67,050 per 10 grams. The retail cost of gold in
India’s GDP growth is expected to slow down in the first quarter of Fiscal Year 2025 (Q1 FY25), which covers the April-June 2024 period. Analysts project a range of 6-7.1% growth compared to the preceding quarter’s 7.8% (Q4 FY24). This deceleration is attributed to factors like the contraction in government capital expenditure during elections, a
The upcoming festive season is set to be a costly one for air travelers, with fares predicted to skyrocket on several routes. Despite early bookings and promotional deals offered by airlines, a surge in demand and other factors are driving prices upwards. Early Booking Doesn’t Guarantee Lower Fares While booking flights well in advance is
Small Industry Day in India celebrates the significant contribution of small businesses and industries to the nation’s economic landscape. This annual observance, held on August 30, sheds light on the crucial role of these enterprises in driving innovation, generating employment, and fostering economic growth. A Legacy of Support for Small Businesses The roots of Small
The merger of Vistara with Air India is set to be completed on November 12, 2024. This move will see all Vistara aircraft integrated into Air India’s operations, and bookings for routes currently served by Vistara will be redirected to Air India’s website. The airline has announced that Vistara will continue to operate flights and
Baazar Style Retail, a value fashion retailer, has launched its initial public offering (IPO), aiming to raise Rs 835 crore. This article will analyze the key aspects of this IPO, including analysts’ recommendations, grey market premium, financial performance, and market dynamics. Baazar Style Retail IPO: A Look at the Key Details The IPO price band
Cognizant, a leading IT services company, is planning to sell its Chennai headquarters, a move that signifies a shift in its real estate strategy and a potential transformation for the Chennai property market. The decision to sell the 15-acre property located on Chennai’s IT corridor comes after more than two decades of using it as
Chennai is poised to become a major hub for semiconductor and technology innovation, following a series of significant investments announced during Chief Minister MK Stalin’s recent visit to the United States. These agreements represent a significant commitment to the city’s burgeoning tech sector and highlight its potential to become a leading player in the global
The Indian government’s recent policy shift to allow sugar mills to use cane juice or syrup to produce ethanol has triggered a surge in sugar stock prices. This move aims to promote the use of renewable energy, reduce dependence on fossil fuels, and increase ethanol production. Increased Ethanol Production The new policy eliminates the previous
Ecos Mobility, a leading chauffeur-driven mobility provider in India, has recently completed a successful initial public offering (IPO), garnering significant interest from investors. The IPO, which was oversubscribed by 12 times, attracted a diverse range of investors, including non-institutional investors, retail individual investors (RIIs), and qualified institutional buyers (QIBs). Strong Demand for Ecos Mobility IPO
Vistara, a joint venture between the Tata Group and Singapore Airlines, is merging with Air India. This merger is a significant development in the Indian aviation industry, and it will have a substantial impact on both airlines and their customers. The merger is expected to be completed on November 12, 2024, after which all Vistara
The Indian aviation landscape is witnessing a major shift as Vistara, a prominent full-service carrier, prepares to cease its independent operations on November 11, 2024. This decision comes in line with the Tata group’s strategy to unify its airline businesses under the banner of ‘Air India’. This move marks the culmination of the Tata group’s
September is just around the corner, and with it comes a wave of financial changes impacting credit card users across India. From reward point adjustments to modified payment deadlines, these alterations might necessitate adjustments to your financial strategies. Here’s a breakdown of the key changes to be aware of: RuPay Credit Cards Gain More Rewards
The Indian retail sector is experiencing significant growth, driven by rising disposable incomes, a growing youth population, and urbanization. This growth is reflected in the expanding shopping center landscape across the country, with the National Capital Region (NCR) and Bengaluru emerging as key retail hubs. NCR Leads in GLA The NCR tops the list of
Zerodha co-founder Nikhil Kamath, known for his insightful business advice, recently sat down with rapper Badshah and actress Kriti Sanon on his podcast, “WTF,” to discuss investment strategies and entrepreneurial journeys. Kamath offered valuable insights, emphasizing the importance of choosing growth-oriented sectors and thorough research before diving into any venture. Investing in the Future of
