Sector-wide profitability grew both YoY and sequentially, driven by steady to rising product pricing and stable to falling raw material prices. Four public sector banks, including the largest lender in the nation, State Bank of India, were among the 40 businesses.
Since returns have been largely positive for at least three months prior to the end of the US recession as well as during the period of the FED’s second to last rate hike to six months following the commencement of rate cuts which is the present phase, global brokerage giant BofA, Bank of America, said it expects the Nifty finishing December 2024 at 20,500
As India launched its new policy of banning imports of laptops, in demand companies like Apple Inc., Samsung Electronics Co. and HP Inc. were caught off-guard in the sudden licensing imposition by the Indian Government. The new imports which were already set up on their way to India through inbound shipments, were banned abruptly with no prior information.
48 Gati Shakti multimodal cargo terminals are commissioned till 30th June. According to the statement made by Union Railways Minister, Ashwini Vaishnaw, to ensure timely execution of the multi – modal cargo terminals, the operators are required to complete construction within a period of 24 months since the grant of in-principle approval by the Central Government.