Oxford declares 'Samvidhaan' the Hindi word of 2019, says it reflects ethos, mood of the year
The word ‘Samvidhaan' first received widespread attention in August 2019.
India’s crude steel production went up by 1.8 per cent in 2019
Within Asia, India and China were the two countries which posted improvement i...
Oil traders made billions in 2019 as conflict shook the market
Consensus is that the industry benefited from a lucky mix of factors in the oi...
Smartphone growth slows to 7% in 2019: Counterpoint
“Due to availability of better performance devices, the smartphone market in India has matured, with people holding on to their devices for longer periods. This is the primary reason for slow growth,” said Karan Chauhan, analyst at Counterpoint Market Research.
Gold imports dip 6.77 per cent during April-December 2019
Imports of the yellow metal stood at USD 24.73 billion in the corresponding period of 2018-19. The decline in gold imports has helped in narrowing the country's trade deficit to USD 118 billion during the period, against USD 148.23 billion a year ago. India is the largest importer of gold, which mainly caters to the demand of the jewellery industry.
PDS biggest saver for government in DBT in 2019-20
As much as Rs 19,263 cr of savings have accrued till end-December due to the DBT-linked scheme, the govt said.
Decorpot records remarkable growth in FY 2019 with CAGR of 100 per cent
Decorpot, a leading home interior design firm in Bengaluru, today announced its impressive YoY growth with a CAGR of 100 per cent.
From Budget 2019 to 2020: How to sustain a culture of innovation
It is important to acknowledge the government’s efforts to eliminate bottlenecks for entrepreneurs. Under the new policy of ‘Startup India Vision 2024’, the government has announced the setting up of at least 50,000 new startups, 500 new incubators and 100 innovation zones by 2024.
Digital ad spends rose 26% in 2019: DAN report
Data from Dentsu Aegis Network (DAN) showed that digital ad spend climbed 26% last year to reach Rs 13,683 crore. A DAN report also maintained that digital advertising will likely maintain a 27% rate of growth in 2020. Advertising spends on digital media are led by social networking platforms, with the highest share of 28%.
Battery storage, smart grid and efficiency companies raised over $536 million through venture capital in 2019
Log 9 Materials, a developer of aluminum fuel cell technology – raised $3.5 million from Exfinity Venture Partners and Sequoia Capital India while, LivGuard Energy Technologies - an automotive products to batteries company - raised $32 million from ChrysCapital and Ncubate.
Slow economy provided relief to domestic coal production, keeping market in balance in 2019: WoodMac
India continues to invest in renewable sources of power with a focus on affordability, security and environment. Despite the ‘must run’ status of renewable power, wind and solar projects still faced large-scale grid curtailment in 2019, owing to the ongoing financial distress of state distribution companies, asserted solar analyst Rishab Shrestha.
NSE emerges as world's largest derivatives exchange in 2019
NSE said it has been ranked third in the world in the cash equities segment by number of trades.
Mutual funds add 68 lakh folios in 2019
As per Sebi, the number of folios with 44 fund houses rose to 8.71 crore at the end of December 2019 from 8.03 crore at the end of December 2018
Gold, international mutual funds offer 20% returns in 2019. What should be your strategy?
If you are convinced about the efficacy of these `diversifiers,' you may consider allocating a small part of your portfolio to them, only if you have a sizeable portfolio.
Daimler 2019 profit down by half, diesel scandal weighs
Daimler said that its 2019 earnings before interest and tax are expected to slump to 5.6 billion euros ($6.2 billion) from 11.1 billion euros a year earlier.
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