Kalyan Jewellers Shares Surge 5% on Strong Q3 Performance and Expansion Plans
Prime Highlights: The India jewellery market size was estimated at USD 85.52 billion in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The…
India’s Services PMI Climbs to 59.3 in December 2024 Signaling Robust Growth
Prime Highlights: Purchasing managers' indexes are economic indicators based on the monthly private sector company-based surveys. The Indian Services PMI was at 59.3 in December 2024, which reflected a sustained…
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India Set to Contribute 15-20% of GlobalLogic’s Business, CEO Nitesh Banga Reveals
Prime Highlights: Domestic revenue for the IT industry is estimated at $51 billion and export revenue is estimated at $194 billion. GlobalLogic, a digital engineering services company under the Hitachi…
Chilling Winter on East Coast Expectations Raise Natural Gas by 20%
Highlights ● Natural Gas Rises by 20% ● Weather Forecast Reflects Colder Winter in January ● Natural Gas demand for Home heating Surged by 58% Price Surge Monday saw a…
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Suprajit Engineering Incorporates New Subsidiary in India to Manufacture Auto Components
Prime Highlights: India's automobile industry is worth more than US$100 billion and accounts for 8% of the country's total exports and 7.1% of India's GDP. Incorporated as a Private Limited…
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Japan Stocks Surge on Report of Record Budget Proposal
Prime Highlights: Japanese stocks saw a notable increase, with the Nikkei 225 rising 1.12% to 28,220.9 and the Topix advancing 1.20% to 2,766.78, driven by expectations that the government will…
Strong Tech Performance Drives Stock Market Rally on Christmas Eve
Prime Highlights: Stock Market Rally on Christmas Eve: S&P 500 increased by 1.1% and Dow Jones added 390 points, or 0.91%, and the Nasdaq 1.35% as strong stocks in the…
European Markets Close Higher Ahead of Christmas Break; Novo Nordisk Rebounds
Prime Highlights: European Markets Close Higher: The Stoxx 600 gained 0.2 percent as technology stocks, boosted in the past by the advancement of the U.S. tech market, supported the index. …
Russian Central Bank Holds Key Interest Rate at 21%, Surprising Markets
Prime Highlights: Central Bank of Russia Holds Key Rate at 21%: The Central Bank of Russia has decided to keep its key rate at 21%, contrary to expectations of increasing…
India to Lead Global Oil Demand Growth Until 2035: IEA Report
Prime Highlights: China's oil consumption is declining as the country shifts towards electric vehicle adoption and increased use of renewable energy. However, the demand for petrochemicals is expected to partially…