Articles for author: Market News

Market News

SOM Distilleries launches India’s first twist-cap beer, aiming for Rs 1,600 crore sales and 15% market share by 2025.

SOM Distilleries launches India’s first twist-cap beer, aiming for Rs 1,600 crore sales and 15% market share by 2025.

SOM Distilleries and Breweries, based in Bhopal, has launched its innovative twist-cap beer, “Woodpecker,” in Karnataka. This marks the debut of India’s first twist-cap beer, featuring two variants: Woodpecker Glide, a mild beer, and Woodpecker Crest, a stronger option. The beers are crafted using imported barley, Indian malts, and German hops, ensuring high quality and ...

Market News

Congress Rolls the Dice: Gehlot Takes the Helm as Haryana’s Political Drama Unfolds – Can He Turn the Tide?

The Congress party has appointed Ashok Gehlot, the former chief minister of Rajasthan, as a senior observer for the upcoming assembly elections in Haryana, scheduled for October 5. Alongside him, Ajay Maken and Pratap Singh Bajwa have also been designated as senior observers. This decision was made by Congress president Mallikarjun Kharge. Gehlot previously served ...

Market News

Foreign investors aggressively buy Indian equities as U.S. rate cuts loom, driven by optimism and India’s resilient market conditions.

Foreign investors aggressively buy Indian equities as U.S. rate cuts loom, driven by optimism and India’s resilient market conditions.

Foreign Portfolio Investors (FPIs) have invested Rs 27,856 crore in Indian equities in the first half of September 2024, driven by resilience in the Indian Market and expectations of an interest rate cut by the US Federal Reserve. Since June, FPIs have been on a buying spree after withdrawing Rs 34,252 crore earlier this year. ...

Market News

Prime Minister Modi vows development for Jharkhand’s marginalized as he virtually launches projects, apologizing for his weather-canceled visit.

Prime Minister Modi vows development for Jharkhand’s marginalized as he virtually launches projects, apologizing for his weather-canceled visit.

On September 15, 2024, Prime Minister Narendra Modi emphasized the Indian government’s commitment to the development of marginalized communities, including tribals, women, Dalits, and youth. Addressing a gathering in Tatanagar through a virtual platform, he acknowledged Jharkhand’s previous developmental struggles and announced various projects aimed at fostering growth in the region. Unfortunately, Modi could not ...

Market News

Empowering Women or Just Riding the Political Wave? Odisha’s Subhadra Yojana Sparks Debate Ahead of PM Modi’s Launch.

Odisha’s Deputy Chief Minister Pravati Parida led a large march called the ‘Subhadra Swagat Padayatra’ in Bhubaneswar, with thousands of women participating. This event is in preparation for Prime Minister Narendra Modi’s launch of the Subhadra Yojana on September 17. The initiative aims to empower women, with over 60 lakh already registered to receive financial ...

Market News

Livpure aims for 1 million water service subscriptions, targeting Rs 900 crore revenue by scaling affordable clean water access.

Livpure aims for 1 million water service subscriptions, targeting Rs 900 crore revenue by scaling affordable clean water access.

Livpure is set to revolutionize access to clean drinking water in India with its innovative water-as-a-service model. The company plans to achieve over one million subscriptions in the next four years, aiming for a revenue of around Rs 900 crore this fiscal year—a growth of 55-60% from last year. Currently, with a customer base of ...

Market News

Rahul Gandhi’s US Tour: A Diplomatic Dance or a Political Misstep? BJP’s Fury as Democracy Takes Center Stage

Congress leader Rahul Gandhi recently stirred controversy during his first visit to the United States as the Leader of the Opposition. His critical comments on the BJP and Prime Minister Modi’s policies, especially regarding China and democracy in India, triggered a strong backlash from the BJP. Gandhi emphasized that many Indians, particularly marginalized communities, lack ...

Market News

The Indian equity market soared, hitting record highs as anticipation builds for the US Federal Reserve’s pivotal interest rate decision.

The Indian equity market soared, hitting record highs as anticipation builds for the US Federal Reserve’s pivotal interest rate decision.

The Indian equity Market saw a remarkable performance last week, with the Nifty and Sensex reaching record highs. Investment experts are closely watching the upcoming US Federal Reserve meeting on September 18, which is expected to initiate a series of interest rate cuts. This potential reduction could attract foreign investments into Indian stocks, particularly as ...

Market News

Mamata’s Bold Move: Disbanding Patient Welfare Councils Amid Protests Sparks New Debate on Healthcare Governance in Bengal

West Bengal Chief Minister Mamata Banerjee has disbanded the Rugi Kalyan Samitis, the patient welfare associations in state-run hospitals, following protests by junior doctors. These Samitis, which were originally established for approving healthcare decisions, featured representatives from various governmental bodies. During a surprise visit to the protesting doctors, Mamata, who also oversees health, urged them ...

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