Tag Archives: Business news

Budget 2025 NPS tax benefits: he Section 80CCD(2) deduction limit warrants an increase. (AI image) Budget 2025 NPS expectations: Finance Minister Nirmala Sitharaman should look to make the National Pension System (NPS) more attractive for investors, believe financial experts. There is expectation among financial experts that in the Union Budget 2025 speech, FM Sitharaman will announce some changes in NPS.According …

Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 20, 2025) are Shriram Finance and Bharat Electronics. Let’s take a look: Stock Name Rating CMP (Rs) Target (Rs) Upside (%) Shriram Finance Buy 527 700 33% BEL Buy 282 360 28% Shriram Finance:Shriram Finance’s diversified product suite helped it mitigate …

Bernstein maintained its ‘outperform’ call on Infosys with a target price of Rs 2,330 (+28%). Analysts said that during the Oct-Dec quarter, the company delivered another all-round beat across revenue, margin and earnings. Also, FY25 revenue growth guide was raised by 60 basis points to 4.5-5% ahead of street estimates. They continue to see upcycle in large cap IT services …

NEW DELHI: India’s current economic environment is conducive for private investments with the country emerging as a “bright spot” amid the challenging global environment, a CII survey showed. Results revealed that 97% of the firms may increase employment in 2024-25 and 2025-26. In fact, 79% firms said they added more people over the past three years. Around 70% of the …

Donald Trump (File photo) NEW DELHI: Corporate earnings from blue chips like HDFC Bank, ICICI Bank, Donald Trump’s swearing-in as the US President, and trading activity of foreign investors are the key factors to drive equity markets this week, analysts said.Trump will be sworn in as the US president for a second term on Monday. This week, several key Nifty …

BENGALURU: India’s $254-billion IT sector has witnessed a structural shift in its operational model while navigating evolving technological landscapes. This demonstrated a departure from the conventional barometer of relying on headcount-linked growth as low-to-medium complexity tasks get automated.In the Dec quarter, the top five Indian IT firms saw a collective net headcount reduction, which stood at 2,587, contrasting sharply with …

NEW DELHI: India’s foreign exchange reserves have dropped for the sixth straight week, reaching a ten-month low of $625.87 billion as of 10 January, according to data from the Reserve Bank of India (RBI). This marks a decline of $8.72 billion against the previous week, continuing the slump from the all-time high of $704.89 billion recorded in September.The drop in …

NEW DELHI: A recent survey conducted by the Confederation of Indian Industry (CII) reveals an optimistic outlook for the Indian economy, with 75 per cent of the companies believing the present environment is conducive to private investments. This positive sentiment persists despite continuous challenges posed by geopolitical uncertainties and disrupted supply chains. With 70 per cent of firms planning to …

India’s current economic environment is conducive for private investments with the country emerging as a “bright spot” amid the challenging global environment, according to a CII survey. The pan-India survey is an ongoing initiative, which would be completed for 500 firms by the first week of February. The interim results are based on a sample of 300 firms spread across …

HYDERABAD: Electric bus manufacturer Olectra Greentech Limited (OGL), part of Hyderabad-based Megha Engineering & Infrastructures Ltd (MEIL), on Saturday rolled out its new e-bus models equipped with the innovative blade battery technology at the ongoing Bharat Mobility Global Expo 2025 in New Delhi.The company showcased its new blade battery chassis, a redesigned 12-metre blade battery platform, and newly styled nine-metre …