New Delhi, Dec 31 (SocialNews.XYZ) The calendar year 2023 was a great year for Indian markets and they fared very well. In the year, BSE SENSEX gained 11,399.52 points or 18.74 per cent to close…
New Delhi, Dec 31 (SocialNews.XYZ) India continues to be a ‘star performing’ economy as against other emerging markets, as per a report by Axis Securities. “We firmly believe that India is likely to continue its…
New Delhi, Dec 31 (SocialNews.XYZ) The decline in global oil prices, despite the geopolitical uncertainty in West Asia, has come as a major shot in the arm for the Indian economy as the country imports…
New Delhi, Dec 31 (SocialNews.XYZ) Global trade is projected to end the year 5 per cent down compared to 2022’s record levels, shrinking by about $1.5 trillion to below $31 trillion, according to UNCTAD’s latest…
New Delhi, Dec 31 (SocialNews.XYZ) While climate change has emerged as a tough challenge for the farm sector, the government is banking on the resilience in Indian agriculture and introduction of new weather-resistant seeds to…
Chennai, Dec 31 (SocialNews.XYZ) The 2024 outlook for the Indian banking sector is robust and healthy with the Reserve Bank of India (RBI) hitting the pause button on the policy rate revision, satisfactory capital levels,…
Chennai, Dec 31 (SocialNews.XYZ) The Indian electric vehicle (EV) sector would continue to face regulatory, technology and market headwinds in 2024, said industry officials. As to the tailwinds that would push the sector forward, the…
Chennai, Dec 31 (SocialNews.XYZ) During 2024 the commodities sector will revolve around four major themes — slowing global growth, interest rate cuts, geopolitical conflicts and general elections in major economies, said Naveen Mathur, Director, Commodities…
Chennai, Dec 31 (SocialNews.XYZ) The scrapping of the Faster Adoption and Manufacturing of Electric Vehicles in India-II (FAME-II) scheme in March 2024 may result in a reduction of sales in the short term, but will…
Hong Kong, Dec 31 (SocialNews.XYZ) 2023 was a year of divergence for investors in Asian markets, as Japan’s benchmark index touched a 33-year high, Hong Kong rounded out its fourth straight year of decline and…
New Delhi, Dec 31 (SocialNews.XYZ) Riding on the local manufacturing growth, mobile phone exports from the country have surpassed $9 billion (more than Rs 75,000 crore) from April to November in the current fiscal year,…
New Delhi, Dec 31 (SocialNews.XYZ) We expect a modest return of 10 to 12 per cent on the main market in CY24, says Vinod Nair, Head of Research at Geojit Financial Services. It is advised…
San Francisco, Dec 31 (SocialNews.XYZ) The video game industry saw several rounds of layoffs in 2023, affecting at least 9,000 employees globally. In September, Fortnite game developer Epic Games announced to lay off 16 per…
New Delhi, Dec 31 (SocialNews.XYZ) The total production of electronic goods in India in FY23-24 is likely to reach $115 billion, buoyed by mobile phones’ local production which is estimated to exceed $50 billion in…
New Delhi, Dec 31 (SocialNews.XYZ) As tech layoffs are set to continue unabated in 2024, the cybersecurity industry was not immune from job losses and more than 110 cybersecurity companies fired thousands of employees in…
London, Dec 30 (SocialNews.XYZ) While 2023 has been the best year for global stocks since before the pandemic, with markets in the United States, Europe, Japan and India enjoying strong rallies, investors have soured on…
New York, Dec 30 (SocialNews.XYZ) Wall Street hit record high after record high in 2023, a year investors had feared would be a washout as elevated interest rates threatened to grind the economy to a…
New Delhi, Dec 30 (SocialNews.XYZ) A South Delhi consumer ordered a whopping 9,940 condoms from Zomato-owned quick delivery platform Blinkit in 2023 who, according to the company, “deserves a standing ovation”. While Gurugram ordered 65,973…
Hyderabad, Dec 29 (SocialNews.XYZ) With 10,125 representatives from 134 nations in attendance, and with the blessings of His Holiness Shri ShankaraVijayandra Saraswati ShankracharyaSwamigalof Sri KanchiKamakotiPeetham (Sri KanchiMatham,Tamil Nadu), Dr. Tony Nader, MD, PhD, formally inaugurated…
New Delhi, Dec 30 (SocialNews.XYZ) Elon Musk looks all set to enter the burgeoning Indian electric vehicle (EV) market in the New Year after several years of dilly-dallying, giving the masses a hope that owning…