Daily Republic News
- Business
- January 7, 2025
India’s GDP Likely To Grow 6.4% In FY25: Govt Data
New Delhi: India’s GDP growth is expected to decline significantly to 6.4% in FY25, down from 8.2% in FY24, according to the first advance estimates released by the National Statistics Office (NSO).The projection is lower than the recent Reserve Bank estimate of 6.6 per cent for Read More
- Business
- January 6, 2025
ITC Hotels Demerger: Stock Trades At Rs… – Check Share price Today
ITC Hotel Business went for a demerger and on January 4, 2025, the stock exchanges BSE and NSE conducted a special pre-open session from 9:00 AM to 9:45 AM to determine the share price of ITC Hotels. Regular trading in ITC shares resumed at 10:00 AM post demerger. ITC Hotels Shar Read More
- Business
- January 6, 2025
Sensex Nosedives 1200 Points, Nifty Below 23700: Is HMPV Dragging Markets Down?
The benchmark BSE Sensex tanked 1,263.16 points to 77,959.95 during the afternoon trade, while the NSE Nifty slumped 403.25 points to 23,601.50.A broad sell-off across sectors and indices pushed markets lower. The Nifty Bank index fell 1.81% to 50,066, while the India VIX fear ga Read More
- Business
- January 3, 2025
Big Fall: Tesla Shares Drop 7% After Sales Miss Wall Street Expectations – Cybertruck Delay or Demand Issues?
Tesla’s stock took a significant hit on the first trading day of 2025, dropping as much as 7% following the release of the company’s annual delivery figures, which fell short of Wall Street’s expectations. Despite a strong finish in the fourth quarter, Tesla’s overall sales for 2024 showed signs of slowing, sparking concerns about the company’s future earnings and its position in the…
- Business
- January 2, 2025
Wi-Fi In Sky: Air India Rolls Out In-Flight Internet Services For Domestic Flights
Air India has introduced a game-changing feature for its passengers: in-flight Wi-Fi internet connectivity. This groundbreaking service is now available on domestic and international flights operated by Airbus A350, Boeing 787-9, and select Airbus A321neo aircraft. The announcement, made on January 1, 2025, positions Air India as the first airline in India to provide in-flight Wi-Fi on domestic routes.The service caters to both…
- Business
- January 2, 2025
Anil Ambani’s Reliance Power Settles Rs 1,200 Cr Debt – Details
Anil Ambani-led Reliance Power is in the spotlight today after its subsidiary, Sasan Power, made a debt payment to IFFCL, UK. The company shared this update during market hours on Wednesday. Following the announcement, the stock surged over 4% yesterday. Sasan Power Clears $150 Million Debt Sasan Power, a subsidiary of Reliance Power made a $150 million (approx. Rs 1,284.6 crores) bullet repayment…
- Business
- December 31, 2024
2024: Year Of The Markets As Investors Got Richer By Rs 77.66 Lakh Crore
New Delhi, Dec 31 (PTI) Stock market investors became richer by a whopping Rs 77.66 lakh crore in 2024, helped by an overall optimistic trend in equities, where the BSE Sensex surged over 8 per cent. Analysts said the year witnessed a tug of war between the bulls and bears marked by volatility but, despite the uncertainties around the world, the Indian markets…
- Business
- December 31, 2024
2024 Was Tough for Indian Startups, But 2025 Holds Promise
New Delhi: The Indian startup ecosystem experienced a rollercoaster ride in 2024, characterised by a slight-yet-concerning decline in funding activity and a shift in investor sentiment, alongside a silver lining with several startups achieving unicorn status. Despite facing global economic challenges, India’s startups showcased remarkable resilience, adeptly navigating changing market conditions, while continuing to attract investments. According to data from Tracxn, Indian startups…
- Business
- December 31, 2024
Biogas Industry: 500 GW Target By 2030 – Achievable? Experts Decode
Biogas is gaining steam in India, which can be seen by the recent developments like the recent inauguration of the MEPL BioEnergy Biogas Plant and the launch of a decentralised biogas plant at Osmania University. The Bhubaneswar Municipal Corporation (BMC) has also inked a pact with Oil India Limited to help convert the city’s waste to biogas. According to the IBA (Indian Biogas…
- Business
- December 31, 2024
Unimech Aerospace IPO: Investor Wealth Almost Doubles Overnight! Check Listing Price
Unimech Aerospace and Manufacturing Limited made an extraordinary debut on the stock exchanges on December 31, 2024, with its shares listing at Rs 1,491 on the Bombay Stock Exchange (BSE), an impressive 89.9% premium over the issue price of Rs 785. On the National Stock Exchange (NSE), the stock opened at ₹1,460, reflecting a strong 85.99% premium. As per the market tracker websites,…
