Toll mopup may top Rs 70,000 cr in 2024
India’s toll collection in 2024 may exceed ₹70,000 crore as daily collections grow due to new toll plazas and increased economic activity. With 164 toll plazas added in FY24 and FY25, the country now has 1,040 plazas, boosting revenue and reducing travel time and costs.
Revised GDP series will have new, real-time data sources
The revised GDP series slated for release in 2026 will utilize new data sources like E-Vahan and eGram Swaraj for more accurate data. The Ministry of Statistics aims to enhance administrative statistics by incorporating real-time data from various ministries, including vehicle registrations and public finance systems.
Formal job growth slows in October; EPF and ESIC see decline
The Ministry of Statistics and Programme Implementation reported a significant decline in new EPF and NPS subscribers in October 2024-25, with EPF subscriptions at their lowest at 0.75 million. While ESIC saw a slight increase, gender-wise analysis showed male subscribers faced higher subscription declines compared to females across EPF and ESIC.
$25 billion opportunity in US: Exporters seek ₹750 crore marketing fund
Exporters requested a ₹750-crore marketing fund over three years to leverage a $25-billion export potential in the US, and a higher cap for interest subvention under export promotion schemes. They sought support amid declining goods exports and aimed to capitalize on opportunities from potential high US tariffs on Chinese goods.
All that glitters is not gold on the IPO street
Amid booming IPO market, caution is in the air for investors as majority of the companies that were listed in 2024 failed to retain their respective listing gains, shows the latest analysis by ETIG.
Bollywood stars, Ashish Kacholia-backed Sri Lotus Developers files for Rs 792-cr IPO
Mumbai-based realty developer Sri Lotus Developers and Realty has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise Rs 792 crore through Initial Public Offering (IPO).
Madhya Pradesh HC stays Dec 31 AGM of Religare Enterprises
Madhya Pradesh High Court has stayed the annual general meeting of Religare Enterprises Ltd (REL) scheduled for December 31 amid a tussle between the company’s Chairperson Rashmi Saluja and the Burman family over the open offer.
India’s IPO storm to continue through 2025 with fundraising expected to cross Rs 2 lakh crore
Currently, 34 companies have Sebi approval to raise Rs 41,462 crore, while 55 others await clearance for Rs 98,672 crore. In 2024, 143 DRHPs were filed, significantly higher than 84 in 2023 and 89 in 2022. With more IPO filings anticipated in the coming year, India’s IPO performance is expected to surpass this year’s figures.
5 smallcaps that turned multibagger in CY24, held by over 10 smallcap MFs
In CY24, the small-cap index soared 30%, with 13 small-cap stocks delivering 50%-160% returns. Identified via mutual fund screeners, these stocks, held by 10+ schemes, attracted significant retail and institutional investor interest.
Tech View: What Nifty’s multiple doji candles and inside bars suggest for Friday trade?
Indian benchmark indices ended flat on December 26 as FMCG and bank losses offset auto gains. Expert Satish Chandra Aluri predicts sideways consolidation, citing cautious sentiment, inflation uncertainty, and upcoming budget, earnings, and Trump’s inauguration.