Ola Electric Challenges FIR Against CEO Bhavish Aggarwal After Employee’s Death in Bengaluru
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Case Against Ola CEO Bhavish Aggarwal After Employee Dies By Suicide in Bengaluru
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Daily Republic News
- Business
- October 22, 2024
IMF keeps India’s GDP growth forecast at 7% for FY25 and 6.5% for FY26
The International Monetary Fund (IMF) has confirmed its growth forecasts for India, projecting a GDP growth of 7 per cent for the financial year 2024 and 6.5 per cent for FY25. This assessment highlights that the pent-up demand accumulated during the pandemic has been largely exhausted as the economy “reconnects” with its potential. In its latest World Economic Outlook report, the IMF stated,…
- Business
- October 22, 2024
DGTR recommends anti-dumping duty on Chinese drawer sliders to protect MSMEs
The commerce ministry’s investigation arm DGTR has recommended an anti-dumping duty of USD 422 per tonne on Chinese drawer sliders to guard MSME units. In its findings, the Directorate General of Trade Remedies (DGTR) has concluded that ‘Telescopic Channel Drawer Slider’ has been exported to India at a price below the normal value, resulting in dumping. The imports are also undercutting the prices…
- Business
- October 22, 2024
Jewellers’ body pushes for uniform gold rates across India, hopes to convince retailers
The All India Gem and Jewellery Domestic Council (GJC) announced Tuesday it is working to implement ‘One Nation One Gold Rate’, aiming to standardize domestic gold prices that currently vary across different regions of the country. “We import gold at the same rate, but the domestic retail prices differ from one city to another. We want a single rate to prevail across the…
- Business
- October 22, 2024
Rakesh Jhunjhunwala’s key mantras for smart investing
Invest like Jhunjhunwala: Rakesh Jhunjhunwala, often hailed as India’s Warren Buffett, transformed the investment scene in India through his remarkable journey from trader to influential investor. With a portfolio valued at nearly Rs 32,000 crore, he popularised equity investment and inspired countless retail investors to embrace the stock market. Here are some of his powerful investment mantras that continue to guide investors today.…
- Business
- October 22, 2024
Dhanteras 2024: Should you invest in Gold ETFs? Know returns, trends and more
Dhanteras 2024: As Dhanteras approaches, are you planning your next gold purchase? While traditional options like jewellery and coins remain popular, digital alternatives such as Gold ETFs offer a modern and convenient way to invest. With rising interest in these exchange-traded funds, they could be the smart choice for those seeking a secure and flexible way to add gold to their portfolio this…
- Business
- October 22, 2024
Fixed deposit interest rates: Know what banks offer on three-year FDs
Current FD rates: As the Reserve Bank of India ( RBI ) approaches its December monetary policy committee (MPC) meeting—having maintained the benchmark interest rate for ten consecutive sessions—speculation mounts that a repo rate cut is imminent. Experts recommend that savers take advantage of the current fixed deposit (FD) rates while they last. Once the cycle of rate cuts begins, banks are likely…
- Business
- October 22, 2024
Hyundai Motor India makes weak stock market debut, lists 1.5% lower than IPO price
Hyundai Motor India shares made a weak stock market debut on Tuesday, October 22 as the stock opened for trading at Rs 1,931 on the BSE, marking a decline of 1.47 per cent from the Initial Public Offering (IPO) price of Rs 1,960. On the National Stock Exchange, Hyundai Motor India shares opened for trading at Rs 1,934, marking a decline of 1.32…
- Travel
- October 22, 2024
Chennai’s Bioluminescent Waves Weaves Its Magic: Where Else Can You Experience It In India?
Chennai’s beaches are transcending its beauty to new heights after the occurrence of a natural phenomenon known as bioluminescence, which makes the waves seem glowing brighter than usual. For the one’s keen on capturing moments created by nature, it’s surely makes for a sight for sore eyes. The most pertinent factors that make this possible are temperature, bioluminescent microorganisms, and salinity levels. The…
- Business
- October 21, 2024
Is Adar Poonawalla the new lifeline of Dharma Production?
Filmmaker Karan Johar has sold a 50 percent stake in Dharma Productions to Adar Poonawalla, the chief executive officer of Serum Institute of India. The vaccine maker, who emerged as a beacon of hope during the Coronavirus pandemic, has now stepped in as a saviour for Johar’s struggling Dharma Productions for Rs 1,000 crore. However the details of the same are not known…
- Business
- October 21, 2024
Institutional investment in real estate up 31% to $4.61 bn in Jan-Sep: Report
Institutional investments in the Indian real estate sector increased 31 per cent year-on-year to USD 4.61 billion in January-September 2024 amid strong consumer demand, according to Vestian. Real estate consultant Vestian on Monday released its report on ‘Investment in Indian Real Estate’, observing that funds’ inflow from institutional investors in the first nine months of 2024 has already surpassed the total for 2023.…