India's core sector growth hits 15-month low of 3.6% in January
Thu, Feb 29, 2024 5:58 PM

India's core sector growth hits 15-month low of 3.6% in January

A Flip by Shubhangi Gupta
Get it on Google Play
India's eight core sectors posted a growth of 3.6% in January, according to data released by the Ministry of Commerce and Industry on February 29. At 3.6%, the growth in India's eight key infrastructure industries - coal, crude oil, steel, cement, electricity, fertilisers, refinery products and natural gas – in the first month of 2024 is the lowest in 15 months.

More great flips

China, valuation woes keep Indian equities under pressure

China, valuation woes keep Indian equities under pressure

For the sixth consecutive sessions, benchmark indices bore the brunt of heavy selling by foreign portfolio investors (FPIs). And despite domestic institutional investors (DIIs) putting in an all-time high investment of Rs 13,245.12 crore, indices fell by almost 1%. According to market experts, retail and high net worth individuals may also have started booking profits.

Open Flip
Andy Jassy’s WFO mandate to help new recruits learn company work culture

Andy Jassy’s WFO mandate to help new recruits learn company work culture

Amazon Inc Chief Executive Officer Andy Jassy’s decision to bring back employees to the office full-time shows the executive’s concern that new recruits don’t understand the company culture, reported the news agency Bloomberg on Monday, October 7. Last month, Jassy surprised the employees with a memo instructing them to start coming to the office five days a week from January.

Open Flip
FTX token, Sui, Aptos, Popcat, & more: Cryptocurrencies to watch this week

FTX token, Sui, Aptos, Popcat, & more: Cryptocurrencies to watch this week

Crypto market follows stock market's movements, influenced by economic trends, with AI-driven tokens seeing a boost from Nvidia's summit, while FTX token surges on speculation of creditor repayments and other tokens like Sui, Aptos, Dogwifhat, and Popcat experience significant growth due to various market and development factors.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon