Daily Republic News
- Business
- January 13, 2025
Sensex, Nifty Join Global Selloff on Spike in Crude Oil Prices, FII Outflows
Mumbai: Equity benchmark Sensex cracked over 1,000 points to dive below the 77,000 level on Monday, tracking heavy selling in global equities and a spike in international crude prices.A strong US jobs data that dampened early rate cut expectations, the rupee logging its steepest Read More
- Business
- January 13, 2025
Union Budget May See Fiscal Consolidation But Rural, Welfare And Subsidies May Go Up: Goldman Sachs Report
New Delhi: With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government’s spending priorities.The report highlighted that the upcoming budg Read More
- Business
- January 13, 2025
Retail Inflation Eases to 4-month Low of 5.22 Pc in Dec: Govt Data
New Delhi: Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday.The inflation based on Consumer Price Index (CPI) was 5.48 per cent Read More
- Business
- January 13, 2025
Indian Pharma Industry to Experience Negative Volume Growth in 3Q 2025: Report
New Delhi: The Indian pharmaceutical market (IPM) has returned to negative volume growth this Q3FY25 after two consecutive quarters of modest positive growth, according to Goldman Sachs report.However, strong pricing growth (+5.3 per cent YoY) and the launch of new products from Read More
- Business
- January 13, 2025
Rupee Logs Steepest Single-Day Fall in Nearly 2 Years; Ends At Record Low of 86.61 Against Dollar
Rupee logs steepest single-day fall in nearly two years; ends 57 paise down at record low of 86.61 (provisional) against US dollar. PTI HVA DRR Read More
- Business
- January 13, 2025
Bloodbath on D-Street: Sensex Crashes; Investors Lose 14 Lakh Crore | Here’s Why
New Delhi: The Indian equities continued their downward fall on Monday. After opening gap down, Sensex and Nifty continued to plunge southwards. At the time of this report at about 3 pm, Nifty had broken the crucial support of 23,100 and was trading at 23,070.The 30-scrip BSE Sen Read More
- Business
- January 13, 2025
Sensex, Nifty Recover After Gap Down Opening – Top Developments
BSE Sensex and Nifty, the Indian blue-chip indices, opened at a sharp low on Monday, January 13, 2025. Stock Market NumbersAt 9:21 am, the BSE Sensex was down by 654 points, or 0.85 per cent, at 76,714, while the Nifty50 dropped 193 points, or 0.82 per cent, to 23,238.Why Was T Read More
- Business
- January 9, 2025
Growth Concerns, High Valuations: Why HSBC Has Revised Its Outlook On Indian Equities To ‘Neutral’
HSBC has lowered its outlook on Indian stocks, shifting to a ‘neutral’ rating due to concerns over slowing growth and high valuations that limit potential upside. The brokerage cut its target for the BSE Sensex for the end of 2025 by 5%, now expecting it to reach 85,990, which su Read More
- Business
- January 9, 2025
Microsoft Layoffs 2025: ‘When People Are Not Performing…’ – Tech Giant Confirms Job Cuts Across Divisions
Microsoft is planning job cuts targeting underperforming employees. The reductions are happening across the company, including in its important security division.Microsoft Job Cuts: Why?Performance-based cuts are often backfilled by Microsoft, so its total headcount may not chang Read More
- Business
- January 8, 2025
United Breweries Suspends Beer Supply To Telangana Beverages Corporation
New Delhi, Jan 8 (PTI) United Breweries Ltd on Wednesday said it has decided to suspend supply of its beer to Telangana Beverages Corporation Ltd with immediate effect.The decision has been taken due to the non-revision of the basic price of the company’s beer from 2019-20 by Tel Read More
