Gains drive market to end high; Auto Index led gains
The stock market ended higher on Friday, driven by gains. The domestic market witnessed low volatility in the absence of fresh triggers and traded on a positive note throughout the session.
The stock market ended higher on Friday, driven by gains. The domestic market witnessed low volatility in the absence of fresh triggers and traded on a positive note throughout the session.
The foreign exchange reserves fell for a third consecutive week as of December 20, data from the Reserve Bank of India said on Friday.
In terms of FTAs, India has signed nearly eight key agreements this year.
As many as nine projects under the scheme for the promotion of manufacturing electronic components and semiconductors (SPECS) were approved by the government to generate 15,710 jobs.
With India being home to 204 lighthouses, the Central government is actively promoting lighthouse tourism as part of its broader Maritime India Vision (MIV) 2030 and Amrit Kaal Vision 2047 to enhance India's cultural heritage and maritime legacy.
Elon Musk-run Tesla has appointed billionaire and Airbnb Co-founder Joe Gebbia to its board of directors. According to a filing with the US Securities and Exchange Commission (SEC), Gebbia has replaced Oracle Chairman and CTO Larry Ellison who left the board earlier this year.
Budaun Hardoi Road Private Ltd (BHRPL), Hardoi Unnao Road Private Ltd (HURPL) and Unnao Prayagraj Road Private Ltd (UPRPL) -- wholly owned subsidiaries of Adani Enterprises Ltd (AEL) -- have achieved Financial Closure for the access-controlled six lane (expandable to eight lane) greenfield Ganga Expressway Project (Group-II, III & IV) in Uttar Pradesh (UP) respectively on DBFOT (Toll) basis under PPP mode.
A common currency needs robust financial systems and markets, as well as strong institutional support. Not all ASEAN countries have such institutions to deal with the threats to the financial sector, which have increased in recent years. Then there is the lack of control over national monetary and fiscal policies, restricting the governments’ sovereignty and autonomy.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to raise the policy rate ranging between 35 to 50 basis points (bps) on Friday, experts believe.
While 93 per cent of employees in India say they are productive at work, a whopping 91 per cent of leaders feel the shift to hybrid work has made it challenging to have confidence in employees being productive, a Microsoft study showed on Thursday.
