Micro enterprises’ share in total exports rises, drops for SMEs
Micro enterprises’ exports grew to 6.63% in January, while small and medium enterprises’ shares decreased. Top MSME export sectors are engineering goods, gems, garments, rice, and chemicals. Various factors affect exports, including freight costs and Western world economic challenges.
MGNREGS wage hike just, based on Consumer Price Index for Agricultural Labour: Govt source
MGNREGS wage hike based on CPI-AL at 7.7%. New rates announced by Rural Development Ministry. Gujarat, MP, Andhra Pradesh see higher increases. West Bengal wages above many. Congress criticizes rates below Shramik NYAY guarantees.
Nifty 50 Outperformers: Top stocks that gained over 80% in FY24
Benchmark equity indices ended on a buoyant note on the last trading day of the financial year 2023-24 against the backdrop of a positive trend in the global market. For the fiscal year 2023-24, Sensex and Nifty delivered strong gains. The Sensex rose 28.6%, while the Nifty climbed 24.8%. These gains outpaced most other major […]
Dalal Street minnows steal the show in FY24; give hefty returns to investors
As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the 2023-24 fiscal, while the small-cap index climbed 16,068.99 points or 59.60 per cent. In comparison, the 30-share BSE Sensex raked in a gain of 14,659.83 points or 24.85 per cent during the fiscal under review.
Shapoorji Pallonji Group’s flagship firm, Afcons Infrastructure, files DRHP to raise Rs 7,000 crore via IPO
According to the draft papers, the IPO, with a face value of Rs 10 per equity share, is a mix of fresh issue of shares of Rs 1,250 crore and an offer for sale of up to Rs 5,750 crore by Goswami Infratech Private Limited.
TCS, SBI among 10 stocks that earned upgrades in last 1 month. Check revised target price
A host of brokerages have upgraded the target prices of several stocks in the last one month. Trendlyne data shows that 10 stocks, including TCS, SBI, Can Fin Homes, and UNO Minda faced up to two analysts’ target price upgrades in the last 1 month. Here’s a list of these stocks:
It’s getting increasingly harder for active funds to outperform their benchmarks, says Nithin Kamath
“It’s a no-brainer to opt for low-cost index funds as the core of your portfolio. You can complement that with other funds, but the core should be passive funds,” Kamath said on X (formerly Twitter).
Rs 70,000 crore pipeline awaits IPO market in FY25, featuring some household names
Companies raised Rs 62,000 crore through initial share sales in fiscal 2024 and the pipeline looks equally strong. As much as Rs 70,000 crore worth of offerings are expected to hit the markets next fiscal with some big names in the mix.
What Rs 500 monthly SIP in equity mutual funds turned to in 3-years? Here are top performers, duds
The highest returns have been delivered by Quant Small Cap Fund while the lowest by UTI Flexi Cap Fund-Reg(G).
What to expect from Q4 earnings going forward? Ajay Bagga answers
China I think there is a recovery coming, so by the end of the second quarter you will see an incipient recovery in China, the stimulus working will help out China as well and that will really boost market sentiments