BT Group The pilot scheme’s only charger will close in February BT has abandoned its scheme to turn green street cabinets into electric vehicle (EV) charging points having completed only one of the 60,000 conversions it initially said it was aiming for. The metal cases, seen on streets around the UK, are usually used for phone and broadband cables. When …
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Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British firm, which has a global workforce of about 90,000 people, confirmed the job losses on Thursday, but has not said how many roles will be affected in each country it operates in. An email …
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NEW DELHI: The Federation of Indian Chambers of Commerce and Industry (FICCI) has revised its GDP growth forecast for India to 6.4 per cent for the financial year 2024-25 marking a notable reduction from its September 2024 estimate of 7.0 per cent. GDP growth for the year 2023-2024 was recorded at 8.2 per cent.FICCI’s forecast for 2025According to FICCI’s latest …
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8th Pay Commission news: Prime Minister Narendra Modi-led Union Cabinet on Thursday approved the constitution of the 8th Pay Commission, sources told TOI. I&B minister Ashwini Vaishnaw said that the Chairman and two members for the same will be appointed soon. The Pay Commission decides the salary and compensation of central government employees, and with the 8th Pay Commission, they …
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Budget 2o25 will be presented by Finance Minister Nirmala Sitharaman on February 1. Railway Budget 2025: Indian Railways is expected to receive a 15-20% increase in capital expenditure allocation for FY26 in the forthcoming Union Budget, as it progresses towards utilising the current year’s funds. The total capital expenditure allocation for the national transporter could exceed Rs 3 lakh crore, …
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The UK economy grew for the first time in three months, driven in part by a boost in trade for pubs, restaurants and the construction industry. Official figures showed an expansion of 0.1% after the economy shrank in each of the two previous months. The return to growth will be a welcome sign for the government after recent turbulence in …
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A US-based short-seller which had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down. Nate Anderson, the founder of Hindenburg Research, announced on Wednesday that he was disbanding the company almost eight years after starting it. The firm had made headlines in India in 2023 after publishing explosive reports …
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Adani Group stocks rallied after the US investment firm Hindenburg Research announced its closure. Hindenburg shuts down: Adani Group shares experienced significant gains of up to 9% on Thursday, January 16, with Adani Power leading the surge at Rs 599.90 on BSE. Adani Green Energy saw an 8.8% increase to Rs 1,126.80, whilst Adani Enterprises advanced 7.7% to Rs 2,569.85. …
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Market experts indicate that upcoming US CPI and retail sales data, alongside Q3 earnings reports, will influence market direction. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex rose 450 points, Nifty50 was above 23,300. At 9:25 AM, BSE Sensex was trading at 77,104.00, up 380 points or …
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Top Stock Picks For Today (AI image) Stock market recommendations: According to Sagar Doshi, Senior Vice President- Research, Nuvama Professional Clients Group, ICICI Lombard General Insurance, Eicher Motors, and Navin Fluorine are the top stock picks for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for January 16, 2025:NiftyNifty witnessed a second day with a …
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