Jobs World

Airlines hoping for more Boeing jets could be waiting awhile https://ift.tt/G629RhP Federal Aviation Administration has put a limit the plane maker's output until it was confident in Boeing's quality control practices. Boeing is also struggling to increase production for another reason -- it and its suppliers have not been able to replace all the workers who were laid off, retired or quit during the pandemic.

There is a vertical growth in the capital market and money flow will become bigger as we go forward: Raamdeo Agrawal https://ift.tt/AD2q4vg Oswal Group's Chairman, Raamdeo Agrawal, discusses the strong performance of the capital market in October and November, with December being exceptionally high. He mentions the increase in returns, particularly in midcaps and smallcaps, which has attracted more people to the market. Agrawal highlights the vertical growth in the capital market, the influx of new investors, and the positive impact on the GDP growth of the country. He also talks about the expansion of the capital market business due to digital onboarding.

Ajay Singh, Sky One and Busy Bee file firm bids for Go First https://ift.tt/QWNES70 promoter Ajay Singh, Sky One, and Busy Bee have submitted the bank guarantee and expression of interest for bankrupt Go First Airlines. The lenders may extend the resolution process deadline by two months. Singh applied individually, while Busy Bee is a new applicant associated with Plan IT. Safrik Investments and NS Aviation did not submit guarantees. The three entities will receive more information on Go First to develop a formal plan. Creditors may vote again to extend the resolution timeline beyond the current deadline.

Indices gain 1% on short covering, traders see choppy days ahead https://ift.tt/KXAwqrm Nifty rose 215.15 points, or 1.01%, to close at 21,453. The Sensex rose 689 points, or 0.98%, to end at 71,060.

India likely to benefit from slump in Hong Kong market https://ift.tt/yH6rjid Several overseas institutional investors have pruned exposure from Hong Kong H shares and reallocated to other Asian countries given a rising relative risk of China owing to the trade spat with the US, Taiwan conflict, and moderating local economy.

ICICI Bank weathers margin stress to deliver healthy growth https://ift.tt/9wiMQa6 stock of ICICI Bank hit a record high on Tuesday notwithstanding the weakness in the broader market following the bank’s stellar performance in the December quarter.

UBI targets 80% recovery by selling over Rs 1,000 cr NPAs https://ift.tt/unWxLCs Horizon's debt of ₹212 crore is on sale with a reserve price of ₹213 crore, while Supertech Realty's debt of ₹170.84 crore is open for bids with a reserve price at ₹205 crore.

​5 sectors that saw highest FPI outflows in first 2 weeks of 2024 https://ift.tt/pSb8hMN a look at the five sectors that witnessed the highest selling from foreign institutional investors in the first half of January. (Source: ET Bureau)

Morgan Stanley and JPMorgan say buy the dip after treasury rout https://ift.tt/VBYjxPd Stanley sees scope for a rebound in Treasuries on expectations data in the coming weeks may surprise to the downside. JPMorgan Chase & Co. is suggesting investors buy five-year notes as yields have already climbed to levels last seen in December, though it warned that markets are still too aggressive in pricing for an early start to central bank interest-rate cuts.

US FAA recommends door plug checks for Boeing 737-900ER jets https://ift.tt/gQmKlGu FAA on Jan. 6 grounded 171 Boeing 737 MAX 9 planes following the mid-air cabin blowout of a door plug on an eight-week old Alaska Airlines jet. The FAA said the Boeing 737-900ER is not part of the newer MAX fleet but has the same door plug design.

Volume growth worries to weigh on HUL https://ift.tt/ZfoNu98 quarter typically is a seasonally strong quarter marked with festivals and the onset of winter. However, this time it was characterised by uneven monsoon, delayed winter and slow growth in demand for mass products compared with the premium end of the shopping basket.

Budget 2024: India likely to announce social security fund for informal workers https://ift.tt/SUzFE0M budget: The fund, proposed in the Social Security Code, 2020, would be a step toward universal social security for workers. The code, which is not yet rolled out because all the states have not framed rules, allows partial implementation of certain provisions.

Looking for hidden gems? Look into these 3 sectors: Anshul Saigal https://ift.tt/lAKIoZQ Saigal says some people are holding cash but I would say the majority are not holding cash. What that means is that the majority are not expecting a meaningful correction while some are expecting a meaningful correction. An investor who is looking for defensives should go for FMCGs. An investor who is looking for long-term wealth creation should look at QSRs. And there are now multiple opportunities in that space to make money over the next few years.

Biden says Palestinian state still possible after Netanyahu call https://ift.tt/PvxszHh President Joe Biden believes Israeli Prime Minister Benjamin Netanyahu may still agree to a Palestinian state despite opposing Palestinian sovereignty in the wake of the Gaza war. Biden mentioned that there are various types of two-state solutions and cited examples of countries without their own militaries. However, a senior Hamas official, Izzat al-Rishq, dismissed Biden's comments about the possibility of Israel agreeing to the establishment of a Palestinian state, stating that it does not fool the Palestinian people.

No trading in government bonds, foreign exchange and money markets on January 22: RBI https://ift.tt/HwTzWxj 3-day variable rate repo (VRR) auction conducted by the RBI on Friday, which is scheduled to reverse on January 22, will now be reversed on January 23. Meanwhile, a 3-day VRR auction that the RBI had earlier said would be conducted on January 22 stands cancelled and instead a 2-day VRR auction will be carried out on January 23.

RIL Q3 Scorecard: 7 key takeaways for D-St from conglomerate’s December quarter numbers https://ift.tt/vNVlXFq reported a 9.3% YoY growth in consolidated net profit to Rs 17,265 crore, beating the estimate of Rs 16,944 crore. Consolidated revenue from operations grew 3.6% YoY to Rs 2.28 lakh crore, but was a tad lower than the estimated Rs 2.36 lakh crore.

Indian economy poised to sustain growth momentum: RBI report https://ift.tt/HwTzWxj State of the Economy report of the central bank said that inflation needs to align with the target by the second quarter of the year and get anchored there to achieve 7% GDP growth in FY25. RBI in its December 2023 policy projected inflation measured by Consumer Price Index to be at 4% in the second quarter FY25.

Epack Durables IPO opens tomorrow. What GMP signals ahead of subscription https://ift.tt/Y2GdUXK Durables IPO will open for subscription on Friday. The company's shares are currently trading at a premium of Rs 15 in the unlisted market. The IPO consists of a fresh equity issue of up to Rs 400 crore and an offer for sale of up to 10,437,047 shares by selling shareholders. Epack Durables is the second-largest room air conditioner original design manufacturer in India, with a 24% market share in domestically manufactured units in FY23. The IPO proceeds will be used for capacity expansion.

Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.

IndusInd Bank Q3 result preview: Profit, NII to grow in double digits; asset quality stable https://ift.tt/Mux4zIZ Bank Q3 result preview: IndusInd Bank is expected to report healthy growth in net interest income (NII) for Q3, with a 16% year-on-year increase. The bank saw a 20% year-on-year growth in net advances and a 13% increase in deposits. The net profit for the quarter is expected to grow by 11% year-on-year. Asset quality is anticipated to remain stable, while loan growth and deposit growth are expected to be healthy.