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
Ramaswamy Has a High-Profile Perch and a Raft of Potential Conflicts
Vivek Ramaswamy is the less famous and less wealthy half of the duo of billionaires that President-elect Donald J. Trump has designated to slash government costs. His better-known co-leader, Elon Musk, stands to benefit from the job in ways that are numerous and glaring. Mr. Musk’s companies have tremendous influence,
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
We’re Sharing the Data Behind Our Detailed 2024 Election Map
We’ve published a new interactive map of the 2024 election that shows results by precinct, the most detailed vote data available. The New York Times is also releasing this data set for others to use. The map allows most Americans to look up how their city, neighborhood and even their
Dubai Duty Free to accept UPI payments
MUMBAI: The international arm of NPCI has partnered with Magnati, a payment solutions provider in West Asia, to expand the acceptance of UPI payments in the UAE. The collaboration aims to enable UPI-based QR payments at Magnati’s POS terminals, offering Indian travellers in the UAE seamless payment options. Source link
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