Global roles within GCCs expected to grow over 4-fold to 30,000 by 2030: Survey
Global roles within Global Capability Centres (GCCs) in India are set to grow to 30,000 by 2030, reflecting India’s shift from a low-cost destination to a hub of innovation. Leveraging its vast talent pool, India now constitutes 28% of the global STEM workforce. GCCs have matured into high-end engineering roles, with significant growth and expansion […]
Economic Survey 2024-25: PM Modi highlights India’s growth story in numbers
Prime Minister Narendra Modi shared significant insights from the Economic Survey, highlighting major growth in non-fossil fuel power generation, global services share, private spending, and credit for small farmers. Additionally, India witnessed substantial growth in highway development, women’s patent filings, and improved rural power supply over the past decade.
Finance Minister Nirmala Sitharaman gives final touches to her record eighth Budget
Finance Minister Nirmala Sitharaman finalizes the first full Budget of Modi government’s third term, focusing on tax cuts and boosting economic growth. The Budget aims to address slowing GDP growth and the needs of the middle class, with expectations of 6.3-6.8% GDP growth in FY26.
Tech view: Nifty breaks bearish pattern, eyes 23,800 upside level. How to trade stocks on Budget day
Tech View: Nifty’s breakout above 23,400 signals strong bullish momentum, reversing last month’s bearish trend. Analysts recommend a buy-on-dips strategy, with key resistance at 23,800 and immediate support at 23,300. Market reaction post-budget will determine further direction.
Blinkit Blitz: Zomato shares tank 30% from peak. Is it overloading the delivery menu?
Zomato’s stock has dropped 30% from its peak in early 2025, leading to concerns about its growth trajectory. The company reported a significant loss in Blinkit due to heightened competition and substantial investments. Nevertheless, Zomato is committed to expanding Blinkit, Hyperpure, and quick restaurant delivery services, despite mixed analyst opinions on its future prospects.
Suzlon Energy shares soar 16% in three days on strong Q3 earnings report
Suzlon Energy share price: Suzlon achieved its highest-ever quarterly deliveries, reaching 447 MW in Q3 FY25. The wind turbine generator segment was the key growth driver, with revenue soaring 132% year-on-year (YoY) to Rs 2,336 crore, compared to Rs 1,004 crore in the same period last year.
Waaree Energies shares surge 14% as Q3 profit soars 296% YoY to Rs 493 crore
Waaree Energies’ shares surged 14.4% to Rs 2,505.85 after reporting a 296% YoY rise in net profit to Rs 493 crore for Q3FY25. Revenue from operations rose 117% YoY to Rs 3,457 crore, though it declined 3.2% sequentially. Profit after tax (PAT) increased by 36% from the previous quarter, reflecting strong growth despite a slight […]
SRF shares soar over 8% in 2 days to hit a new 52-week high. Here’s why
SRF shares surged 8.5% in two days, hitting a 52-week high after strong Q3 FY25 results. PAT rose 7% YoY to Rs 271 crore, while revenue grew 14% to Rs 3,491 crore. The chemicals and packaging films businesses saw solid growth. Jefferies maintained an ‘underperform’ rating, citing stretched valuations and muted specialty chemicals demand.
Jindal Steel & Power shares tumble 14% after Q3 profit down 51% YoY to Rs 951 crore
Jindal Steel & Power Ltd (JSPL) saw a 14% drop in share price to Rs 724 following a 51% year-on-year decline in net profit to Rs 951 crore for Q3. Weak steel prices and cheaper imports impacted earnings, despite a 5% rise in sales volume. EBITDA fell 24%, with revenues flat at Rs 13,707 crore.
ETMarkets Smart Talk: Budget 2025 could drive India’s $5 trillion economy ambition, says Amisha Vora
A growth-focused budget that stimulates spending and addresses fiscal priorities could drive market sentiment and set the stage for FY26 growth.