Wednesday, April 16
Small businesses in India's manufacturing, trade, and services sectors employed over 12 crore workers between October 2023 and September 2024, adding more than one crore employees since 2022-23, according to the Annual Survey of Unincorporated Sector Enterprises. The number of establishments grew by 12.8%, with significant contributions from the services sector. Female-owned enterprises and internet usage also saw notable increases.
Stock market today: In a volatile trading session on Tuesday, key stock indices BSE Sensex and Nifty50 concluded relatively unchanged as investors remained cautious, waiting for market signals amidst continued foreign fund withdrawals.
Buenos Aires entrepreneur Franco Pereyra argues that paying overseas workers less than their US counterparts is not inherently wrong, considering different economic conditions and cost of living. His stance received heated backlash, with critics labeling it as justifying exploitation and expressing concerns about quality of work and fairness.
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in trade on Monday to close in green. While BSE Sensex closed almost 500 points up, Nifty50 was above 23,750.
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, tanked in trade on Friday. While BSE Sensex went below 78,500, Nifty50 was just above 23,700.
Stock market crash today: The Nifty 50 fell 1.02% to 23,951.7 points, whilst the BSE Sensex decreased 1.2% to 79,218.05, with both indices closing below their 50-day averages for the third consecutive session.
Sebi has introduced stricter regulations for SME IPOs, mandating a minimum operating profit and limiting selling shareholders' divestment to 50% of their stake. These measures aim to enhance transparency, governance, and fund utilization in the booming SME segment. The new rules also restrict the use of IPO proceeds for settling loans from related parties.
