Business
October 30, 2024
2 views 29 secs 0

Key Infra Sectors' Growth Slows Down To 2% In September

Last Updated:October 30, 2024, 17:43 IST The growth in production of eight key infrastructure sectors slowed down to 2 per cent in September The eight core sectors contribute 40.27 per cent to the Index of Industrial Production which measures overall industrial growth. (Representative image) The growth in production of eight key infrastructure sectors slowed down […]

Business
October 30, 2024
4 views 5 mins 0

Diwali 2024 bank holidays: Are banks closed on October 31 or November 1? Full state-wise Diwali bank holiday list

On October 31 (Thursday), banks will be closed in… Diwali 2024 bank holidays full list: The diverse traditions and customs in India lead to varying bank holidays during Diwali (Deepawali) across different states. Understanding the bank closure dates for Diwali in 2024 is essential for individuals, businesses, and tourists to effectively plan their financial transactions […]

Business
October 30, 2024
4 views 7 mins 0

Minimum wage to rise to £12.21 an hour next year

Getty Images Minimum wages will rise in April, with hourly rates for over-21s set to go up to £12.21 an hour, the chancellor has confirmed ahead of Wednesday’s Budget. Rachel Reeves said the pay boost marked a “significant step” towards achieving Labour’s promise of a “genuine living wage” for workers. Employees aged 18 to 20 […]

Business
October 30, 2024
4 views 3 mins 0

Donald Trump's Social Media Firm Now Worth More Than Elon Musk's X

Last Updated:October 30, 2024, 12:22 IST Trump Media & Technology Group is now valued at over $10 billion after its shares more than quadrupled since late September Trump created TMTG after he was banned from Twitter and Facebook following the Jan. 6, 2021, Capitol riot. He owns about 57% of the company but has no […]

Business
October 30, 2024
4 views 7 mins 0

Diwali Muhurat Stock Picks: SAMCO Securities Recommends These 10 Stocks

New Delhi: As we enter Vikram Samvat 2081 following this Diwali, the markets will be keenly tracking several notable macro events set to take place this year. Starting with the US elections, further rate cuts supporting demand and a corporate earnings uptick, rising prices of precious metals, geopolitical changes in the world due to wars […]

Business
October 30, 2024
2 views 6 mins 0

MG’s China connection prompts scrutiny for PLI benefit for EV manufacturing

NEW DELHI: MG Motor’s China connection is casting a shadow on its plans to expand JSW MG Motor India’s electric vehicle manufacturing in the country by using the govt’s production-linked incentive scheme.At least three sources told TOI that a decision on the company’s foreign investment scrutiny towards availing of PLI benefits had been “held back” […]

Business
October 29, 2024
4 views 4 mins 0

Chipotle misses revenue estimates as same-store sales growth disappoints

A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024. Angus Mordant | Bloomberg | Getty Images Chipotle Mexican Grill on Tuesday reported mixed quarterly results despite another quarter of higher traffic to its restaurants.  Shares of the company fell 3% in extended trading. Here’s what […]

Business
October 29, 2024
2 views 2 mins 0

HSBC profits jump as bank set for major shakeup

HSBC has seen its quarterly profits jump by 10% as the UK-based banking giant embarks on one of the biggest shakeups in its 159-year history. The firm said its pre-tax profits rose to $8.5bn (£6.6bn) in the three months to the end of September, beating analysts’ expectations. It comes just days after HSBC’s new boss […]

Business
October 29, 2024
2 views 4 mins 0

ADB approves $500m loan to support climate and disaster resilience in Pakistan

The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support climate change and disaster risk reduction and resilience in Pakistan, a statement from the bank said on Tuesday. In 2022, massive floods triggered by climate change devastated several parts of Pakistan, killing 1,700 people, washing away swathes of agricultural land, affecting […]