Share market and trading News

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I7sYdoL

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/f6pnWXG

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NuKvBP4

Top 5 tax-saving bank FDs: When choosing a bank for a tax-saving FD, it is essential to compare interest rates offered by different banks rather than simply opting for the bank where you have a savings account. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6NxMeG2

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sBLKctb

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8p0wlHr

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0u3QF1r

RBI Governor Shaktikanta Das highlighted the importance of governance in ensuring financial sector stability. The latest financial stability report expressed concerns about declining household savings, speculative activities, increased bank borrowing by NBFCs, rising household debt, and speculative trading practices. It emphasized the need for robust risk management and customer-centric approaches to maintain systemic trust and stability. Stress tests showed adequate capital resilience in banks and NBFCs, with a regulatory commitment to strengthen financial health. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zQdVWmM

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TOHfgYm

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iFKhRwV

Severe shortage of skilled labour at L&T impacting projects, with 25,000 labourers and 20,000 engineers needed. Weather, elections, and skilled workers moving abroad contribute to the crisis. The company faces 10-12% attrition, leading to challenges in recruitment. Initiatives like transport, health provisions, and skill centers aim to mitigate the issue, as the broader industry also encounters similar shortages. L&T has been facing manpower shortages on and off . Last year, SNS had said the company faced challenges despite wanting to recruit over 30,000 labourers. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VZvMqhY

Dr Reddy's Laboratories is set to acquire Haleon Plc's NRT business, including Nicotinell, for GBP 500 million. The deal encompasses various NRT formats and potential contingent payments. This acquisition marks a significant step for Dr Reddy's in strengthening its position in the global consumer healthcare market outside the US. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/OSeCMbs

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KQmwrIv

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/OYra2sl

Modi's comments signalled govt's intent to push reforms despite lower numbers in the Lok Sabha. Analysts were worried if the NDA regime would be able to push ahead with key changes as it marks a return of coalition. The overall expectation is that some of the legislative changes may have to wait while executive decisions will be implemented. The statement came ahead almost seven years after the GST was introduced as the biggest tax reforms post-Independence. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NPx3UtL

The Indian wedding industry, valued at $130 billion, is the second largest in India after food and grocery. A new report by Jefferies highlights the significant economic impact of Indian weddings, which are twice the size of the US market and a key growth driver for various sectors. It estimated that the average expenditure on a wedding is around $15,000, or Rs 12.5 lakh, and an average Indian couple spends approximately twice on weddings compared to education (pre-primary to graduation). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wACVgOp

Only 195 out of 31515 real estate projects in the state have established a complaint redressal cell as directed by MahaRERA. Developers are apathetic towards resolving home buyers' complaints post bookings, leading to misunderstandings and grievances. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/o7pvgNm

The finance ministry is exploring raising the standard deduction for income taxpayers. The NDA govt is cautious about changing the capital gains mechanism. Discussions for the Budget are underway with finance minister Nirmala Sitharaman. The overall mood indicates that most wings of govt are in favour of offering concessions to taxpayers, especially the middle class. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nXejPaz

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/X3ibWC2

Finance minister Nirmala Sitharaman reassured taxpayers of easing their lives under CGST. She addressed concerns over opposition attacks on GST, emphasizing reconciliatory administration. The GST Council's positive steps aim to enhance ease of doing business and investor confidence. In fact, a rush of notices by state authorities has been particularly troubling for large companies which have to register separately in each state. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ACEzxZw

GST Council exempts hostel fees, platform tickets, and more from GST. Hostels under Rs 20,000/month are exempt. Nirmala Sitharaman announces tax exemptions for employee stock options. System reworked to prevent fraud by bogus entities. The move will also benefit thousands of students and working people staying in paying guest accommodations. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zHn9Djt

GST Council signals intent for rationalisation with possible reduction in slabs. End of anti-profiteering clause from April. New finance ministers join Council. Discussion on compensation cess for products like cars, coal, cola, and tobacco planned. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ecv5INH

Two major financial sector IPOs are set to enter the market in India this year, with Avanse Financial Services planning a Rs 3,500-crore IPO and Pine Labs aiming to raise $1 billion. Avanse, an education loan provider, and Pine Labs, a digital payments company in Asia, are capitalizing on the bullish sentiment and high earnings multiples of Indian stocks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qBjyom3

India's private sector experiences the highest job creation in 18 years, driven by manufacturing and service sectors with increased demand and global sales. The HSBC survey indicates notable growth, with efforts to clear backlogs, meet rising production demands, and address capacity pressures leading to significant employment increase. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZRSdAik

Zepto secures $665 million in funding, with a valuation of $3.6 billion, as investor interest in quick commerce grows. The funding round, led by existing investors Glade Brook Capital, Nexus Venture Partners, and StepStone Group, along with new backers Avenir, Lightspeed, and Avra, will bolster Zepto's balance sheet for a potential IPO in 2025. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NE8rl6I

The Sensex and Nifty reached new lifetime highs driven by robust buying in major stocks like Reliance, ICICI Bank, and HDFC Bank, alongside rising foreign capital inflows. The rally was supported by stable global crude prices as investors sought fresh market triggers. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aBXGykn

Accenture's share price soared over 7% in early trade on Thursday in New York as its AI bookings surged to $2 billion and revenue reached $500 million year-to-date. The company also achieved strong new bookings of over $21 billion, up 22% from the previous year, setting the tone for Indian IT firms' results in the June quarter. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LMAswOz

The rupee hit a historic low of 83.67 against the dollar due to significant outflows, importer demand, and global factors. The Reserve Bank of India's limited intervention led to a weaker close. The market eagerly awaits the impact of the Budget and the inclusion in JP Morgan's Emerging Markets Index. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7zjoZbJ

Shares of Religare Enterprises rose over 4% after Sebi instructed an open offer by the Burman Group. Sebi criticized REL and advised seeking approvals. Burman group planned to increase stake in REL, leading to a legal battle with REL in the Delhi High Court involving counter complaints, objections to eligibility, and access to necessary information. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Vsmwzvk

Retail inflation in India is easing, but volatile food prices could reverse the trend. RBI highlights impact of heatwaves on food prices and the need to monitor weather shocks. Despite a 12-month low in May, vegetable and pulses prices remain high. RBI maintains policy rate at 6.5% to align inflation with its 4% target. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ta1hQHD

Nvidia's market value surpasses Microsoft and Apple, driven by AI surge and coveted chips like H100 accelerators, leading to a sales increase of over 125% last year. Analysts from Wedbush Securities, including Daniel Ives, and Baron Capital recognize Nvidia's dominance. Nvidia's CEO Jensen Huang and Michael Lippert from Baron Capital highlight the company's proprietary software and development ecosystem. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WrDcHQm

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LjEhet5

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lKx5wiT

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gQmou8y

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AHdTjus

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ui68xgS

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/R6rGyVP

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AML9lPq

Adidas, the well-known German sports brand, has launched an investigation into a major bribery allegation involving its employees in China. The probe started after the company received a whistleblower complaint. According to a report by Reuters, citing the Financial Times, senior staff in Adidas' China unit are accused of embezzling "millions of euros." from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SqtYKdb

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MFHoYN7

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nkdyoWR

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YtlP8zT

Infosys has won an over $100 million (Rs 850 crore) deal from Swedish retailer Ikea, outpacing incumbents HCL, Capgemini and DXC, and other regional players. About 350 roles at Ikea will be impacted across China, France, Germany, India, Poland, Sweden, and the US, and these employees will transition to Infosys. "It has been a three-year long but fulfilling journey that started with cold calling and some initial connections and culminated in a strategic partnership," an email sent by Infosys to select employees showed. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mMVAHLf

Korean car major Hyundai Motor is looking to sell around 17% stake in its Indian arm through an initial share sale (IPO), which may be India’s biggest issue so far, to raise as much as Rs 25,000 crore (around $3 billion), valuing the company at around $18 billion, or around Rs 1.5 lakh crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0DbVrIN

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xZK7Qay

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uiz3c2J

Finance minister Nirmala Sitharaman said the Modi govt intends to move on the reforms path to boost macroeconomic stability and growth, amid indications that the Union Budget will be presented around the third week of July, with consultations set to kick off over the next few days. After taking charge as finance minister for a second term, Sitharaman said the govt is fully committed to ensuring 'Ease of Living' for its citizens and will continue to take more steps. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ql5yfOK

Sensex 1 lakh target: Market experts have now set their sights on the much-anticipated 1 lakh milestone for the Sensex. Anand Rathi's predictions suggest that this target could be achieved by the end of FY28. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LpEiDfe

Gold prices on MCX remained steady as investors awaited US inflation data and the Federal Reserve's upcoming interest rate decision. Bullion has gained 12% this year, supported by Fed rate cut expectations, safe-haven demand, and purchases by central banks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BdlQcRr

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/k6gm3OE