8th Pay Commission news: Prime Minister Narendra Modi-led Union Cabinet on Thursday approved the constitution of the 8th Pay Commission, sources told TOI. I&B minister Ashwini Vaishnaw said that the Chairman and two members for the same will be appointed soon. The Pay Commission decides the salary and compensation of central government employees, and with…
Nate Anderson, declared the official disbandment of Hindenburg Research on January 15. Hindenburg Research shut down: Soon after Hindenburg Research founder announced that the firm would disband in the near future, Adani Group CFO has shared a cryptic post on social media platform X (formerly Twitter).In a post which could be seen as a reaction…
Hindenburg rose to international prominence after publishing damaging reports about Indian industrialist Gautam Adani. Hindenburg Research shuts down: Nate Anderson, founder of the U.S.-based investment research firm Hindenburg Research, announced on January 15 the closure of his company, which was well-known for its aggressive short-selling tactics.The firm rose to international prominence after publishing damaging reports…
Adani Group stocks rallied after the US investment firm Hindenburg Research announced its closure. Hindenburg shuts down: Adani Group shares experienced significant gains of up to 9% on Thursday, January 16, with Adani Power leading the surge at Rs 599.90 on BSE. Adani Green Energy saw an 8.8% increase to Rs 1,126.80, whilst Adani Enterprises…
Market experts indicate that upcoming US CPI and retail sales data, alongside Q3 earnings reports, will influence market direction. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex rose 450 points, Nifty50 was above 23,300. At 9:25 AM, BSE Sensex was trading at…
Top Stock Picks For Today (AI image) Stock market recommendations: According to Sagar Doshi, Senior Vice President- Research, Nuvama Professional Clients Group, ICICI Lombard General Insurance, Eicher Motors, and Navin Fluorine are the top stock picks for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for January 16, 2025:NiftyNifty witnessed…
NEW DELHI: Trade deficit narrowed to a three-month low of $22 billion in Dec as exports contracted 1% to $38 billion, while imports grew almost 5% to $60 billion.The fall in goods exports in Dec was mainly due to low prices of petrol and diesel, which resulted in oil product exports falling 28% to $4.9…
Senior executives from PepsiCo’s New York headquarters have recently initiated preliminary discussions with the Aggarwal family members. Haldiram Snacks Food in big demand! PepsiCo has recently joined the race to acquire a stake in Haldiram Snacks Food, following Temasek and Alpha Wave Global, who have already submitted formal proposals last month. These bidders are currently…
Budget 2025 income tax: From a surcharge levy perspective, the threshold begins from Rs 50 lakh Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, 2025. In its pre-Budget 2025 memorandum, Assocham has called for rationalization of surcharge on salaried individuals.As per the existing provisions the…
Market sentiment is expected to focus on current earnings reports and the forthcoming union budget. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex was above 76,700, Nifty50 was near 23,200. At 9:16 AM, BSE Sensex was trading at 76,753.68, up 254 points…
