ET maintains top spot in February 2024 in business & financial news segment
In February 2024, Comscore data reaffirmed EconomicTimes.com's status as the top Indian website choice globally for individuals seeking business, market, and financial news, with 31.53 million Unique Visitors from India and the USA. Key Points
Economic TimesJuniper Hotels Limited IPO: Should you subscribe or skip?
Juniper Hotels IPO aims to raise Rs 1,800.00 crores through a fresh issue of 5 crore shares. The subscription window opens on February 21, 2024, and closes on February 23, 2024. Key Points
India TodayIMD predicts heavy rainfall, snow for THESE three states in next 24 hours, issues red alert
India Meteorological Department (IMD) has issued a red alert for Jammu Kashmir-Ladakh-Gilgit-Baltistan-Muzaffarabad, Himachal Pradesh and Uttarakhand as these places are likely to witness heavy to very heavy rainfall and snowfall at isolated places on Monday i.e. February 19, 2024 Key Points
mintWeek Ahead: Macro data, FII mood, global cues among key market triggers as Nifty 50 eyes 22,150+ this week
Overall, analysts maintain a positive yet cautious stance as Nifty 50 is set to retest its record high level, but there could be bouts of intra-day volatility. A possible breakout attempt for Nifty 50 above 22,150 could lead to an uptrend to inch towards 22,500+. Key Points
mintNominations filing for Rajya Sabha polls ends; Check full list of candidates here
The Rajya Sabha elections feature prominent figures like BJP chief J P Nadda, recent BJP entrant Ashok Chavan, and former Congress president Sonia Gandhi among the candidates. The elections are set for February 27 across 56 seats in various states. While many candidates are expected to be elected unopposed, voting is scheduled for February 27. Notable candidates include Jaya Bachchan from SP in Uttar Pradesh, Sonia Gandhi from Congress in Rajasthan, and Ashok Chavan from BJP in Maharashtra. Key Points
Economic Times
'Delhi Chalo' call: 3 Union ministers to hold another meeting with farmer leaders on Feb 12
The Centre invited farmer leaders for a meeting on February 12 to discuss their demands. Union ministers Piyush Goyal, Arjun Munda, and Nityanand Rai will hold talks with representatives of Samyukta Kisan Morcha and Kisan Mazdoor Morcha in Chandigarh. The meeting precedes the farmers' planned 'Delhi Chalo' march. Key Points
Economic TimesFog shrouds Delhi-NCR, cold wave likely in parts of Northwest India till Feb 8
Residents of Delhi and its neighbouring cities in the NCR woke up to thin fog on Tuesday morning. The weather office has predicted cold wave conditions to prevail in parts of Northwest India till February 8. Key Points
India TodayAvalanche alerts in J&K, Srinagar cut off; IMD issues yellow alert for Delhi
The weather has seen a sharp turnaround this month, with record rainfall in Delhi. Despite the rain, Delhi's pollution levels remained poor. | Latest News India Key Points
Hindustan TimesAP Ed.CET 2023 Counselling: Registration ends on February 6
AP Ed.CET 2023 Counselling registration ends on February 6, 2024. The direct link to apply is given here. Key Points
Hindustan TimesOTT releases this week: From Marvel to HanuMan; movies, web series for weekend watch
Prime Video offers 'Mr. & Mrs. Smith' in English, starring Donald Glover and Maya Arskine, releasing on February 2. Key Points
mint
Thick fog shrouds Delhi, airport visibility drops to zero, light rain likely today
Delhi and its neighbouring areas were engulfed in thick fog on Wednesday morning, lowering visibility to near zero and resulting in delays of flights and trains. Light rainfall is predicted in the national capital on Wednesday and Thursday. Key Points
India TodayShakira, Oprah Winfrey to Harry Styles - Know famous Aquarius personalities
The season of the Aquarius, the loveable airheads is here, lasting from January 20 till February 18. Here's everything to know about the top 10 celebrities who are Aquarians. Key Points
Economic TimesIndia's engineering exports to key markets decline in February
India's engineering shipments to the US dipped 9.1% year-on-year in February to US$ 1.35 billion from US$ 1.49 billion in the corresponding period last year. Exports to the US registered positive year-on-year growth of 10.8% in the first 11 months of the current fiscal. Key Points
Economic Times4 years since Balakot strikes, Rafale jets boost IAF capability, ceasefire holds
On February 25, 2019, the Indian Air Force (IAF) base at Gwalior was abuzz with activity. There were discussions on the operational readiness of the security forces after the February 14 terror attack on a convoy that killed 40 CRPF personnel in Pulwama, Jammu and Kashmir. Key Points
The Tribune IndiaEC notice to minister for 'doling out money' in poll-bound Meghalaya
Elections to the 60-member assembly will be held on February 27. Votes will be counted on March 2. | Latest News India Key Points
Hindustan Times
Farmers Delhi Chalo protest updates: Tight security at Delhi borders, Haryana issues traffic advisory, sus
Multiple farmer organizations have announced a 'Delhi Chalo' march scheduled for February 13, to press for their demands. Haryana has suspended mobile internet in may districts and has sealed Punjab borders. Here are the latest updates on the farmers' protest. Key Points
Economic TimesHow Leap Years are viewed across the globe: From curses to proposals
From curses to proposals: In many countries, February 29 is riddled with bad luck. But in some places, it is seen as an opportunity for women in love. Key Points
Hindustan TimesSovereign Gold Bond Scheme 2023–24 Series IV: What is the allotment date of the latest SGB tranche?
The Sovereign Gold Bond Scheme 2023–24 Series IV has an issue price of Rs 6,263. The subscription period is from February 12 to 16, 2024. Investors receive a fixed interest rate of 2.5% per annum. The bond has a tenor of 8 years with an exit option from the 5th year onwards. Key Points
Economic TimesRetail inflation drops to 4.85% in March, lowest in 9 months
The consumer price index based inflation rate fell to a nine-month low of 4.85 per cent in March as compared to 5.09 per cent in February mainly due... Key Points
The Tribune IndiaIPO calendar: 4 new issues, 7 listings to drive primary market activity next week
In the upcoming week, mainboard IPOs of Juniper Hotels and GPT Healthcare will hit the street to raise over Rs 2,000 crore. Meanwhile, SME companies Zenith Drugs and Dream Roll Tech are also scheduled to launch their issues. Key Points
Economic Times
Core sector growth in February slows to 6%, fiscal deficit at 83%
This marks a deceleration from January’s 8.9% growth and a slight improvement from February 2022’s 5.9% expansion Key Points
mintServices sector PMI eases in Feb to 60.6 from 61.8 in Jan
India's service sector growth slowed in February, but remained robust, according to a private survey. The HSBC India Services Business Activity Index fell to 60.6, from 61.8, indicating expansion. Despite the decline, service activity reached its second highest level in five months. However, milder growth clouded the business outlook. Of the 400 firms surveyed, 26% expect growth in the year ahead, while 2% predict a decline. Key Points
Economic TimesIndia’s domestic air passenger traffic grew to 1.20 cr in Feb 2023: DGCA
The growth in traffic was led by market leader IndiGo, which flew 67.42 lakh passengers during the previous month, cornering 55.9 per cent of the total domestic passenger traffic in February 2023. Key Points
FinancialexpressDelhi traffic police issues advisory for marathons and Olympics qualifier event tomorrow; Here are routes to avoid
Delhi Traffic Police has issued advisory for 43rd National Championship Marathon and New Delhi Marathon happening on 25 February, with focus on traffic regulation from 4:00 am-10:00 am. Emergency vehicles' movement will be facilitated during the event. Key Points
mint'Onus on citizens to help identify those who threw stones,' DM tells Haldwani's Muslim & Hindu leaders
Haldwani Municipal Corporation has issued recovery notice of Rs 2.44 cr to key accused. At meeting with communities' representatives, DM says locals were heard from before demolition. Key Points
ThePrint
IMD weather update: Amid dense fog, Delhi to witness rain today; hailstorm, heavy snow alert issued in THESE states
Delhi-NCR experienced thick fog causing visibility issues and disrupting train services. Flights at Delhi Airport may be affected due to the fog. Heavy rainfall is expected in Uttarakhand, Jammu & Kashmir, Himachal Pradesh, and Arunachal Pradesh on different dates. Key Points
mintIPO calendar: Rashi Peripherals, Park Hotels among 5 issues to raise about Rs 2,700 cr next week
Four mainboard IPOs along with one SME issue are set to be launched next week to raise as much as Rs 2,700 crore via the primary market. The mainboard offers include Park Hotels, Jana SFB, Capital SFB, and Rashi Peripherals. The lone SME issue is Alex Solar. Additionally, 25 draft offer documents are under process with Sebi, with 30 companies already receiving a green signal to raise over Rs 30,000 crore. The IPOs of Park Hotels, Rashi Peripherals, Capital SFB, and Jana SFB will open for public subscription from February 5-7, February 7, February 7, and February 7 respectively. Key Points
Economic TimesVIL loses most 4G users in 2 years
The telecom operator has been losing subscribers for 23 straight months now. As of February end, Vodafone Idea has lost 45.75 million subscribers. Key Points
FinancialexpressUS job growth accelerates in February; unemployment rate rises to 3.9%
February US job growth data shows that economists aren't expecting a recession this year. Despite rash layoffs, employers hope to hold on to their workers. Key Points
Hindustan TimesRecession impact: Japan's February factory activity extends declines
Japan Recession: The flash au Jibun Bank Japan manufacturing purchasing managers' index (PMI) fell to 47.2 in February from 48.0 in January. Key Points
Hindustan Times
Will pay 2.1 million Nrega workers soon: Mamata Banerjee
West Bengal CM Mamata Banerjee announced that her government will clear the dues of 2.1 million workers under MGNREGA by February 21. The MGNREGA dues in the state amount to Rs 6,913 crore. Banerjee led a protest against the central government's delay in releasing wages and financial help under MGNREGA and PM Awas Yojana scheme. She assured that the wages of 21 lakh workers will be transferred to their bank accounts by February 21. Banerjee also mentioned planning for the prospective beneficiaries of the PM Awas Yojana scheme after the budget session. Key Points
Economic TimesIIP data: India's industrial output rises 5.6% in February
For the 11-month period from April 2022 to February 2023, industrial output registered a growth of 5.5%. Separate data released today showed India's annual retail inflation eased to 5.66% in March from 6.44% the previous month. Key Points
Economic TimesIndia February Services PMI at a 12-year high
The S&P Global India Services Purchasing Managers' Index rose from 57.2 in January to 59.4 in February, its highest since February 2011 and considerably above all forecasts in a Reuters poll which had predicted a fall to 56.2 Key Points
mintIndia February Services PMI at 12 year high
The S&P Global India Services Purchasing Managers' Index rose from 57.2 in January to 59.4 in February, its highest since February 2011 and considerably above all forecasts in a Reuters poll which had predicted a fall to 56.2 Key Points
mintIndia's services activity grows at fastest pace in 12 years in February
Activity in India's dominant services sector expanded at the fastest pace in 12 years in February on strong demand as price pressures eased further amid mild job rises & capacity pressures in the country, a survey showed. Although new business surged at its quickest rate in eight months, firms only increased hiring marginally and business confidence was the lowest in seven months. Key Points
Economic Times
Pakistan inflation slows to 23.1% yr/yr in Feb, lowest since mid-2022
International Business News: Pakistan's consumer price index for February increased by 23.1% YoY, the slowest since June 2022. Inflation reached an all-time high of 38% in May 202 Key Points
Times Of IndiaTop news this week: Farmers Delhi Chalo march on halt, IPL schedule, Cong-SP seat sharing deal and more
Big headlines of the week (18 February to 23 February): PM Modi visited Jammu, Gujarat, Varanasi this week, India acknowledged Indians in the Russian Army. Eminent jurist Fali S Nariman, former Maharashtra CM Manohar Joshi passed away. Key Points
mintJSW Energy names Sharad Mahendra as next Joint MD & CEO
JSW Energy has announced Sharad Mahendra as the new Joint Managing Director and CEO, succeeding Prashant Jain. Mahendra, the CEO designate, will assume office on February 1, 2024, after Jain steps down on January 31. Prashant Jain had earlier announced his decision to step down from the position to pursue personal interests. Key Points
Economic TimesUPSC Civil Services Exam 2023: Correction window to open today at upsc.gov.in
UPSC Civil Services Exam 2023 correction window to open today, February 22, 2023. Candidates can make changes through the official site of UPSC at upsc.gov.in. | Competitive Exams Key Points
Hindustan TimesFebruary GST mop-up at Rs 1.68 lakh crore, up 12.5% YoY
This growth was driven by a 13.9% rise in GST from domestic transactions and 8.5% increase in GST from import of goods, a government release said. Key Points
Business Today
Over 50 flights, 23 trains delayed as thick fog shrouds Delhi, visibility near zero
Delhi and its neighbouring areas were engulfed in thick fog on Wednesday morning, lowering visibility to near zero in many parts of the national capital. The fog resulted in the delay of over 50 flights and 23 trains. Key Points
India TodaySupply constraints are airlines’ Achilles heel
The number of domestic air passengers rose by a mere 1% year-on-year in February (adjusted for the extra day this leap year), the slowest growth in the past 24 months. But there are signs that this will pick up. Key Points
mintRobust PMI figures signal a strong economic momentum
The HSBC India Services PMI clocked a robust 60.6 in February. Together with the manufacturing PMI climbing to a five-month high, there’s cause for optimism. Key Points
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