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STOCK MARKET UPDATES 23/12/2024



 

*    Hotel room rates will rise in 2025, driven by strong demand growth.

*    Nepal earns 815 crore Rs from electricity export to India in 5 months of FY25.

*    Over-reliance on imports hampers India's edible oil self-sufficiency plan.

*    Unsafe factories: A roadblock to India's manufacturing hub aspirations.

*    GST Council paves the way for CGST Act amendments during the Budget session.

*    Sterling and Wilson bags 1,200 crore Rs solar EPC order in Gujarat.

*    Amazon and Flipkart plan to invest 1 billion $ each to catch up in the qcom market.

*    GST Council defers key decisions and tackles the tax system's complexity.

*    Titan's Taneira looks to expand its market share focusing on metro cities.

*    Healthcare and pharma sectors raise 14,811 crore Rs via IPOs in 2024.

*    NPPA sets retail prices for 65 drugs and revises the ceiling for 20 formulations.

*    India and Kuwait sign four MoUs to strengthen cultural, and defense cooperation.

*    India's number of "active" companies has climbed 54% in just five years.

*    I2U2 & IMEEC chart new course for global economic cooperation: Experts.

*    Punjab presents a demand to boost infra at the pre-budget meeting with Sitharaman.

*    India has potential for key sustainable aviation fuel producer, says an IATA official.

*    VOC Port earmarks 41,860 crore Rs to position itself as the Green Hydrogen hub of India.

*    Akasa Air expects to add a few more planes this fiscal.

*    India signs a 350 million $ loan agreement with ADB to expand the manufacturing sector.

*    Starbucks 'fully committed' to the Indian market, says India JV Tata Starbucks.

*    Good opportunity in chip fabrication in India; in talks with manufacturers for lithography machines: Canon.

*    The government will infuse 500 crore ₹ into IFCI to improve its financial health.

*    The UP government will launch a new export policy to increase its share to 7.5%.

*    Crackdown on Private Equity in Health Care Flops in State Houses.

*    BSNL Launches FREE Intranet TV for Mobile in Puducherry.

*    CII seeks reforms in India's priority sector lending framework.

*    IOC probes allegation of US firm bribing its officers.

*    Leather exports will likely grow by over 12% to 5.3 billion USD this fiscal: CLE.

*    Over 2,600 corporates labeled wilful defaulters, owe 1.96 lakh crore ₹: RBI.

*    India’s apex auto-testing body looks to accelerate to the green lane.

*    China Property Flare-Ups Resurface as Crisis Enters Fifth Year.

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