A naukri.com initiative
Business News
TechBullion
4h
118
Image Credit: TechBullion
CRO Rallies, ZEC Recovers, but BlockDAG’s Rapid $5M Growth in 48 Hours Makes it 2025’s Best Crypto Coin
- Cronos (CRO) surged 40% after favorable regulatory decision by the SEC, indicating a more constructive environment for digital assets.
- Zcash (ZEC) is making a comeback, showing a 12% daily gain and signaling renewed market interest.
- BlockDAG raised $5 million in 48 hours, pushing its presale total above $210 million, with a live testnet, active community engagement, and real-world tools already in use.
- BlockDAG is well-positioned for growth with its live testnet, functional tools, widespread community nodes, and marketing collaborations with globally recognized brands.
Read Full Article
7 Likes
HinduBusinessLine
4h
172
Image Credit: HinduBusinessLine
PepsiCo to put up a manufacturing plant in Mannapparai in TN
- PepsiCo India is set to establish a manufacturing plant in Mannapparai, Tamil Nadu.
- The expansion in Tamil Nadu is part of PepsiCo India's strategy to increase its snacks manufacturing capacity.
- The company has also invested in setting up a plant in Assam and expanding a food plant in Uttar Pradesh.
- JABIL, a key supplier to global giants, will also establish an electronics manufacturing facility in Mannapparai, creating over 5,000 jobs.
Read Full Article
10 Likes
HinduBusinessLine
4h
237
Image Credit: HinduBusinessLine
Will ‘reciprocal tariff’ be a concern for agri trade?
- Imposition of 'reciprocal tariff' raises concerns about the fate of India's major agri-products in the US market.
- India's agricultural exports to the US, including rice, marine products, wheat, and buffalo meat, could be impacted.
- India's imports from the US, including pulses, vegetable oils, cocoa, raw jute, and fresh fruits, will also be affected.
- India must address challenges such as logistics, storage facilities, quality assurance mechanisms, and compliance with trade and environmental regulations to strengthen its position in bilateral agri-trade.
Read Full Article
14 Likes
HinduBusinessLine
4h
264
Image Credit: HinduBusinessLine
Passenger vehicle wholesales show mixed trend in March; high base year effect, macroeconomic factors to limit growth to 1-2%
- Passenger vehicle wholesales in India saw a mixed trend in March.
- High base last year and macroeconomic factors like tepid consumption growth, inflation, infrastructure spending, and geopolitical headwinds are limiting the growth to 1-2%.
- Sports utility vehicles (SUVs) continue to dominate in both urban and rural markets, affecting the market for other vehicle types.
- Companies like Mahindra & Mahindra (M&M) are driving sales with new launches, while the industry expects continued innovation and evolving customer preferences to shape demand growth.
Read Full Article
15 Likes
Baystreet
4h
71
Image Credit: Baystreet
TSX Makes Way Higher
- The TSX Composite Index rose by 152.35 points to 25,069.85 despite potential reciprocal tariffs announcement by President Donald Trump.
- First Quantum Minerals discontinued two arbitration proceedings, boosting their shares by 3.3%.
- Rogers Communications saw a drop of 5.9% in shares after its rating was cut by Scotiabank.
- The S&P 500 climbed as the market awaited clarity on President Trump's tariff policy and faced pressure due to weaker-than-expected economic data.
Read Full Article
4 Likes
Baystreet
4h
101
Image Credit: Baystreet
S&P Rallies by Noon
- The S&P 500 climbed to positive territory on Tuesday, in another volatile session as the market awaited clarity from President Donald Trump regarding his tariff policy rollout.
- Wall Street faced pressure due to weaker-than-expected economic data, including the Institute for Supply Management manufacturing survey and February's job openings.
- The Trump administration is considering implementing tariffs of about 20% to most imports into the U.S., adding to the market uncertainty.
- The S&P 500 touched a six-month low before recovering, marking the worst quarterly performance since 2022, while the NASDAQ Composite dropped 10% in the first quarter.
Read Full Article
6 Likes
TechBullion
4h
163
Image Credit: TechBullion
XRP Forms Bullish Pattern; Could IntelMarekts Be 2025’s Dark Horse?
- The XRP’s price has been forming a bullish pattern, signaling the potential for significant gains.
- IntelMarkets’ successful presale has raised over $12.1 million and early holders have a guaranteed chance to gain over 400% ROI.
- With its AI-powered trading tools and unique insights, IntelMarkets could be the dark horse of 2025, outshining well-established players like Ripple.
- IntelMarkets' AI-driven analytics, advanced blockchain intelligence, and real-time insights make it an attractive choice for investors seeking high returns.
Read Full Article
9 Likes
HinduBusinessLine
4h
336
Image Credit: HinduBusinessLine
The tide could turn for the economy
- The February ‘25 Budget revealed a change in fiscal policy with generous personal tax cuts, benefiting millions of taxpayers.
- The tax cuts are expected to boost consumption, potentially adding 1.5-2% to Private Final Consumption Expenditure.
- A potential spending spree could be triggered by tax cuts and awards from the 8th Pay Commission for Central government employees.
- Inflation concerns driven by food prices have been mitigated due to increased agricultural output and global factors.
- The Monetary Policy Committee has shifted towards a more pro-growth stance, leading to rate cuts and accommodative liquidity measures.
- Lower interest rates have decreased the cost of borrowing significantly, providing potential stimulus for consumption and investment.
- The revival of credit availability and consumer spending could further drive economic growth, particularly in areas like Private Final Consumption Expenditure.
- The focus on targeted regulations and credit availability indicates a potential uptick in aspirational spending as income growth remains modest.
- Overall, the shifts in economic policy suggest a positive outlook for growth in various sectors of the Indian economy.
- While rate cuts may not immediately spur private capex, increased consumption and credit availability have the potential to stimulate economic activity.
Read Full Article
20 Likes
Bloomberg Quint
4h
207
Image Credit: Bloomberg Quint
Five Assets To Invest In FY26
- Investors are moving away from traditional, low-risk methods and opting for riskier profiles in search of higher returns.
- Asset allocation plays a significant role in managing risk.
- Five asset classes to consider for investing are direct equity, equity mutual funds, unit-linked insurance plan, fixed deposit, and real estate.
- Each asset class has its own potential for returns and risks, and investors should consider their risk tolerance and conduct thorough analysis before making investment decisions.
Read Full Article
12 Likes
Bloomberg Quint
4h
190
Image Credit: Bloomberg Quint
ICICI Prudential Mutual Fund Buys Additional Shares Of Galaxy Surfactants For Rs 124 Crore
- ICICI Prudential Mutual Fund has acquired additional shares of Galaxy Surfactants for Rs 124 crore.
- The mutual fund bought a 0.83% stake, comprising 2.97 lakh shares in the speciality chemical company.
- Galaxy Surfactants closed 2.15% higher at Rs 2,092.30.
- The medium- to long-term volume growth target for Galaxy Surfactants is 6-8%.
Read Full Article
11 Likes
HinduBusinessLine
4h
194
Image Credit: HinduBusinessLine
South Central Railway achieves best-ever performance in freight business in FY25
- South Central Railway (SCR) achieved its best-ever performance in the freight business in the fiscal year 2024-25.
- The zone registered a freight loading of 144.140 million tonnes (mt), a 2% increase compared to the previous year.
- SCR's freight revenue also increased by 2%, reaching ₹13,825 crores.
- The zone focused on attracting new streams of freight business and improving infrastructure and facilities at freight terminals.
Read Full Article
11 Likes
HinduBusinessLine
4h
37
Image Credit: HinduBusinessLine
Central banks at a crossroads
- Major central banks like the US Fed and ECB have paused amid policy uncertainty, leading to discussions on forward-looking public policy being countercyclical.
- Central banks face challenges due to asymmetric economic cycles, difficulty in predicting turning points, and the impact of supply shocks and geopolitical risks on growth-inflation forecasts.
- The post-Covid recovery was short-lived, leading to uncertainties in inflation expectations, prompting a debate on whether central banks should adopt reactive or forward-looking monetary policy.
- India's public policy response during the pandemic differed, with the RBI taking the lead and the government emphasizing capex-heavy fiscal consolidation.
- India's economic outlook remains positive, with GDP growth expected to improve, liquidity conditions better, and market confidence in further repo rate cuts by the MPC in April 2025.
- Challenges for India include structural issues like workforce readiness, education quality, low labour productivity, and the need for next-generation reforms in markets to tackle inequality and climate risks.
- The government's focus on promoting sectors like MSMEs and agriculture in the FY26 budget may require supportive monetary policy measures for effective implementation.
- India needs globally competitive interest rates to attract domestic investments, emphasizing the importance of easing finance constraints for pursuing innovations and reforms.
- The formation of a Deregulation Commission and active state participation in market reforms are crucial for enhancing ease of doing business and driving structural changes in India.
- The writer, a former Head of the RBI's Monetary Policy Department, underscores the need for balancing monetary and fiscal policies to address India's developmental challenges and sustain economic growth.
Read Full Article
2 Likes
HinduBusinessLine
4h
248
Image Credit: HinduBusinessLine
Zomato lays off over 500 employees
- Food delivery platform Zomato has laid off 500-600 employees.
- The layoffs primarily affected Zomato Associate Accelerator Program (ZAAP) employees.
- The company recently introduced an AI-backed customer support platform called Nugget.
- Zomato is facing sluggish growth in the food delivery segment.
Read Full Article
14 Likes
HinduBusinessLine
4h
27
Image Credit: HinduBusinessLine
Samsung India Thozhilalargal Sangam workers decline to accept company’s wage increase offer
- Samsung India Thozhilalargal Sangam workers declined to accept the company’s wage increase offer.
- Samsung offered a three-year wage agreement to its 1,900 employees starting from April 2025 till March 2028.
- Nearly 1,500 employees belonging to the Sangam declined to sign the agreement.
- The Sangam workers expressed their disagreement at a meeting, stating that they did not want to be part of the internal, administrative-backed committee that signed the agreement.
Read Full Article
1 Like
Bloomberg Quint
4h
317
Image Credit: Bloomberg Quint
visionOS 2.4 Brings Apple Intelligence, New Spatial Gallery To Vision Pro; Check Features And Updates
- Apple has released visionOS 2.4, bringing new features to Apple Vision Pro.
- The Spatial Gallery app offers spatial pictures, videos, and curated panoramas.
- The Apple Vision Pro app for iPhone makes it easier to discover apps and content.
- Updates to Guest User allow starting a session with a nearby iPhone or iPad.
Read Full Article
19 Likes
For uninterrupted reading, download the app