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Ramani Dathi says there is no major uptick as far as demand for IT pros is concerned. There are a few set of clients, especially the GCCs and to some extent, who are able to maintain the current run rate of revenues and headcounts for Teamlease, but to show a massive growth or a double-digit growth, the IT services hiring has to be back on track.

Investors face volatility as Bitcoin and Nvidia suffer losses, emphasizing the need for market diversification beyond technology.

There are no such things as poor people. They are poor places. Say two brothers grew up in Moradabad. One of them stays back in Moradabad and another went off to Dubai. After five years, one person will be earning a lot more than the other. Why does this happen? It is because places matter, says Sanjeev Sanyal

DEE Development Engineers, specializing in process piping solutions, is set to list with a 47% premium. The IPO saw strong demand, especially from QIB investors.

The Nifty Bank index closed 1.74 per cent up at 52606.0.

Allied Blenders & Distillers IPO saw 10% subscription with promoters planning stake sale. Revenue grew 9% year-on-year to Rs 5,915 crore. ICICI Securities, Nuvama Wealth Management, and ITI Capital are the book running lead managers for the IPO.

​RBI is more focused on the unsecured loan disbursement where the usage is unknown. But where the usage is known, where it is going for business, there RBI and government both have been encouraging.

​Shares of HDFC Bank have rallied 13% so far in the month of June to hit day’s high at Rs 1,710 on BSE today, managing to erase all the losses incurred so far in the calendar year 2024.

Banking gauge Nifty Bank also hit its lifetime high of 52,669.30, taking a 2% or 965 points intraday lead.