Stocks to buy: Top stock recommendations for January 16, 2025
Top Stock Picks For Today (AI image) Stock market recommendations: According to Sagar Doshi, Senior Vice President- Research, Nuvama Professional Clients Group, ICICI Lombard General Insurance, Eicher Motors, and Navin Fluorine are the top stock picks for today. Here’s his view on Nifty, Bank Nifty and the top stock picks
FMCG companies woo rural market as urban slows
MUMBAI: All roads lead to hinterlands for FMCG companies as consumption in rural India has been growing faster than in urban in recent quarters, helped in parts by bountiful monsoons which boosted household incomes. Fast-moving consumer goods companies are widening their rural distribution network, launching affordable pack sizes and pushing
Jio Finance in talks for maiden debt sale
Jio Finance, a shadow lender owned by Asia’s richest businessman Mukesh Ambani, is in talks with several lenders to make its first foray into the local currency debt market, according to people familiar with the matter.The company is expected to tap the market – either through a loan or bond
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The Consumer Price Index rose 0.4 percent from November, and was up 2.9 percent from a year earlier, the Labor Department said on Wednesday. It was the fastest one-month increase
Re up 27p, logs best single-day gain in 7 months
MUMBAI: The rupee rebounded on Wed, recovering from its all-time low in the previous session to log its best single-day gain in over seven months. It closed at Rs 86.36 against the US dollar, gaining 27 paise from Rs 86.63. This marked its strongest percentage rise since Jun 3, 2024.The
Small town gaming spends rise 16x in 5 years
MUMBAI: Spending on online gaming in smaller towns has surged 16 times between 2019 and 2024, according to a white paper on payments by Visa.The trend points to rising influence of digital consumption across India’s non-metropolitan areas. Consumers in smaller towns are increasingly spending on digital services, including gaming, online
Albania Gives Jared Kushner Hotel Project a Nod as Trump Returns
The government of Albania has given preliminary approval to a plan proposed by Jared Kushner, Donald J. Trump’s son-in-law, to build a $1.4 billion luxury hotel complex on a small abandoned military base off the coast of Albania. The project is one of several involving Mr. Trump and his extended
U.S. Sues Southwest Airlines Over Chronic Delays
The federal government sued Southwest Airlines on Wednesday, accusing the airline of harming passengers who flew on two routes that were plagued by consistent delays in 2022. In a lawsuit, the Transportation Department said it was seeking more than $2.1 million in civil penalties over the flights between airports in
ShareChat lays off 30 employees
BENGALURU: Google-backed regional content platform ShareChat sacked 30 employees after a recent performance review, reducing the employee count to about 550 people, sources told TOI. The company gradually reduced its workforce over the years. At its peak, it had about 2,700 employees. Source link
TikTok Says U.S. Employees Will Have Jobs Even if the App Is Banned
TikTok sought to assure its U.S. employees on Tuesday that they will still have jobs next week even if the Supreme Court upholds a law that would see the video app banned in the United States on Sunday. The message is a shift in tone from TikTok, which has otherwise