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PM Internship Scheme: a golden opportunity for the youth of India, learn how to benefit from it

March 12, 2025 3:39 PM

PM Internship Scheme: a golden opportunity for the youth of India, learn how to benefit from it

With the deadline of the second phase of the Prime Minister Internship Scheme (PMIS) being extended from March 12 to March 31, 2025, this much ambitious employment scheme has again acquired spotlight. The PMIS aims to offer over one crore internship opportunities to young Indians, as announced by the Ministry of Corporate Affairs. Following the success of Round One, which was initiated on October 3, 2024, and had garnered more than 600,000 applications, this round seeks to provide practical expe...

Nifty, Sensex close flat on budget day amid volatile session; FMCG, realty stocks rally

February 1, 2025 6:03 PM

Nifty, Sensex close flat on budget day amid volatile session; FMCG, realty stocks rally

Indian stock markets ended flat on Budget day after a highly volatile trading session, with FMCG and Realty stocks emerging as notable gainers. The session saw sharp movements during the Union Budget speech by Finance Minister Nirmala Sitharaman. The Nifty 50 index closed at 23,482.15, down by 26.25 points (-0.11 per cent), while the BSE Sensex settled at 77,505.96, gaining a marginal 5.39 points (+0.01 per cent). Market experts attributed the volatility to a Budget focused on consumption-led ...

Private consumption driving growth in Q3, with rural India taking the lead: RBI

November 21, 2024 3:21 PM

Private consumption driving growth in Q3, with rural India taking the lead: RBI

The slowdown observed in the Indian economy during the second quarter of 2024-25 appears to be behind us, with private consumption once again driving domestic demand. Festival spending has reignited real activity in Q3, according to the Reserve Bank of India’s (RBI) November bulletin. The report highlights rural India as a key growth driver, particularly for e-commerce during the festive season. This momentum is expected to strengthen further, supported by a sharp rise in kharif crop output a...

India’s FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL

September 16, 2024 6:07 PM

India’s FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL

India's fast-moving consumer goods (FMCG) sector is set to experience robust growth in the fiscal year 2024, according to a recent report by rating agency CRISIL. The agency projects a revenue growth of 7-9% for the sector, driven by higher volumes, a revival in rural demand, and steady urban consumption. CRISIL's study, which analyzed 77 FMCG companies representing about a third of the sector's Rs 5.6 lakh crore revenue last fiscal, reveals that premiumisation and volume growth will expand ope...

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