Articles for tag: Blockbuster, Dazzles, Festive, Growth, Meeshos, Mega, Million, Order, Remarkable, Sale, Season, Signaling, Unprecedented, Visitors

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Meesho’s Mega Blockbuster Sale dazzles with 65 million visitors and unprecedented order growth, signaling a remarkable festive season.

Meesho’s Mega Blockbuster Sale dazzles with 65 million visitors and unprecedented order growth, signaling a remarkable festive season.

Meesho, the SoftBank-backed e-commerce platform, achieved impressive results on the opening day of its annual ‘Meesho Mega Blockbuster Sale,’ attracting 65 million unique visitors. Founder and CEO Vidit Aatrey reported a remarkable surge in app downloads, reaching 15 million before the sale. Purchase orders doubled compared to last year, with some brands experiencing even higher ...

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Syrma SGS Technology’s share price surged 7.3% after receiving a strong ‘IND A1+’ rating, signaling robust financial health and growth potential.

Syrma SGS Technology’s share price surged 7.3% after receiving a strong ‘IND A1+’ rating, signaling robust financial health and growth potential.

Syrma SGS Technology’s share price saw a significant increase, rising 3.77% to Rs 456.85 on the BSE. Earlier in the day, it even hit an intraday high of Rs 472.5 after receiving an ‘IND A1+’ rating from India Ratings and Research for its Rs 110 crore Commercial Paper Program. This rating signifies strong safety for ...

Market News

The Fed cuts interest rates amid job market concerns, signaling potential economic shifts ahead of a tight presidential election.

The Fed cuts interest rates amid job market concerns, signaling potential economic shifts ahead of a tight presidential election.

The Federal Reserve recently cut interest rates by half a percentage point, responding to concerns about the job Market‘s health. Chair Jerome Powell announced this decision, indicating growing confidence that inflation is moving toward the 2% target. The Fed expects to gradually lower rates further, aiming for a range of 2.75% to 3.00% by 2026. ...

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Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.

Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.

In a concerning trend for India’s manufacturing sector, the share of exports in total sales has plummeted by nearly two-thirds over the last decade, ending in the financial year 2022-23. Exports once made up over 18 percent of manufacturing sales in FY13, but this figure dropped dramatically to just 6.8 percent in FY23. Early estimates ...

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ICRA ESG assigns its inaugural ESG rating to InCred Financial Services, signaling a transformative step towards sustainable investment in India.

ICRA ESG assigns its inaugural ESG rating to InCred Financial Services, signaling a transformative step towards sustainable investment in India.

ICRA ESG Ratings Limited has announced its first Environmental, Social, and Governance (ESG) rating for InCred Financial Services, a non-banking financial company. Recently registered as a Category-I ESG Rating Provider by SEBI, ICRA ESG aims to aid investors in understanding non-financial risks and opportunities. InCred received a rating of Impact 57, categorized as Moderate. This ...

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Is BJP’s Panic Over Rahul Gandhi’s US Tour Signaling a Turning Tide in Indian Politics?

Former Rajasthan Chief Minister Ashok Gehlot criticized the BJP for feeling “panicked” after Rahul Gandhi’s successful visit to the United States. Gehlot claimed the BJP is spreading rumors and resorting to aggression, highlighting recent threats made against Gandhi by a BJP leader. He emphasized that despite the BJP’s long-standing efforts to defame him, Gandhi has ...

Market News

In a largely overlooked revelation, India’s Finance Minister unveiled crucial budget disclosures, signaling impending transformative changes in taxation.

In a largely overlooked revelation, India’s Finance Minister unveiled crucial budget disclosures, signaling impending transformative changes in taxation.

Finance Minister Nirmala Sitharaman’s Budget for 2024-25, presented on July 23 and approved by Parliament on August 8, included an important yet overlooked disclosure found in Statement No 27-A. The 54th Goods and Services Tax (GST) Council meeting made noteworthy decisions to enhance the tax system’s efficiency. However, challenges remain, such as addressing GST on ...

Market News

Government ITIs excel in new grading, boosting employment prospects and skills training for millions, signaling a brighter future.

Government ITIs excel in new grading, boosting employment prospects and skills training for millions, signaling a brighter future.

Industrial Training Institutes (ITIs) in India have shown improved performance, signaling better employment prospects for students. In the latest grading by the Ministry of Skill Development and Entrepreneurship, nearly 19% of approximately 15,000 ITIs scored above 8 out of 10, up from 12.4% last year. The highest scorers, with grades of 9.6, are located in ...

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