Bharat Express

Business

Indian stock market began week on a weak note, with major indices trading lower. Selling pressure was evident across key sectors, including auto, IT, PSU banks.

The Ministry of Corporate Affairs (MCA) reported that 4.87 lakh youths have registered after completing their KYC. Applicants submitted 6.21 lakh applications for 1.27 lakh internship slots.

Between January 1 and December 15, 2024, coal supply rose to 963.11 MT, reflecting a 6.47% growth compared to 904.61 MT during the same period in 2023.

India's venture capital (VC) activity surged in 2024, with investments reaching $16.77 billion across 888 deals between January and November, as reported by the India Brand Equity Foundation (IBEF).

Navi Mumbai International Airport (NMIA) achieved a significant milestone by successfully conducting its first flight validation test.

The CII report released on Sunday details how the Internet of Things, robotics, machine learning, and artificial intelligence foster optimism, and global competitiveness as they reshape the manufacturing industry. 

Samsung Group's market capitalisation saw a significant decline in 2024, dropping approximately 23% due to the weak performance of its flagship affiliate, Samsung Electronics.

Ventura Securities has set a target of Rs 3,801 for Adani Enterprises, predicting a 57.8% upside in 24 months.

Indian benchmark indices ended the week almost unchanged, with gains in certain sectors offsetting losses in others.

The survey found the average MPCE in rural India at ₹4,122 and ₹6,996 in urban areas during 2023-24, excluding the value of free items received through welfare programs.