PERCENTAGE
Why are IIT placements failing to deliver jobs? Former IIT Director Explains
IIT Placements 2024: A high-performing IIT graduate struggled with campus placements due to alleged bias but succeeded through an independent portal. Concerns about favoritism in campus placements have prompted IIT Bombay to form a panel for transparency. Institutions are shifting to administrative management to ensure equitable opportunities.
86% equity mutual funds outperform their benchmarks in November
Around 86% of equity mutual funds outperformed their benchmarks in November. Contra, small-cap, flexi-cap, ELSS, multi-cap, large-cap, and large & mid-cap funds all showed strong outperformance. Only a small number of funds failed to beat their benchmarks.
Infosys employee bonus: Here are eligible employee categories and when they will get the money
Infosys announced a 90% average performance bonus for eligible employees, primarily mid- and junior-level staff in delivery and sales, for Q2 FY25. The bonus will be paid with November salaries and reflects the company's strong Q2 performance, including a 4.7% rise in net profit and upwardly revised FY25 revenue guidance.
Indian Rupee ends stronger vs US dollar amid selling pressure
The rupee touched an intraday record low of 84.507 to a dollar, but ended stronger at 84.445/$1, despite the US dollar index strengthening to a two-year high, as the Reserve Bank of India (RBI) likely sold the greenback to cap further depreciation in the currency, traders said.
Assembly Elections 2024: Maharashtra voter turnout at 62%, Jharkhand at 68%
Voter Turnout in Maharashtra, Jharkhand Election: Voting for all 288 Maharashtra assembly seats and the remaining 38 Jharkhand constituencies took place on Wednesday, with results expected on November 23. As of 3 pm, Maharashtra's voter turnout neared 50%, while Jharkhand reached 61.4%.
ET Graphics: Maharashtra assembly elections turnout stays flat; Jharkhand beats 2019 record
Maharashtra recorded an average voter turnout of 62% across its 288 assembly seats, while Jharkhand's second-phase voting for 38 seats saw a higher turnout of 68%, according to Election Commission data.
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BSEB STET Result 2024 announced at secondary.biharboardonline.com: Here is how to check your scores
STET Result 2024: The Bihar School Examination Board announced the Bihar Secondary Teacher Eligibility Test results on November 18. The pass percentage for paper 1 is 73.77 percent. The pass percentage for paper 2 is 64.44 percent. BSEB Chairman Anand Kishor declared the results. Candidates can check their results on the official website. The website to check the results is secondary.biharboardonline.com.
Jharkhand Election Phase 1 Voter Turnout: Total turnout stands at 65.92% Lohardaga leads with 73.2%
Voting for the first phase of assembly elections in Jharkhand and bypolls in 11 states, including the high-profile Wayanad parliamentary seat in Kerala, concluded with a voter turnout of 65.92%. Key candidates like Champai Soren and Priyanka Gandhi Vadra, making her electoral debut, are contesting in this phase. The remaining phases of polling will be held in the coming weeks.
Significant percentage of young adults prefer to invest in stocks directly rather than MFs: Report
Additionally, stocks have emerged as the preferred investment choice, with 45 per cent of respondents favoring them over more traditional options such as fixed deposits or gold, Fin One, an initiative of Angel One Ltd, said in its report.
Axis Mutual Fund introduces percentage based SIP top-up
Axis Mutual Fund has updated its SIP terms, introducing a percentage-based top-up option and adjusting the available dates for SIP installments. These changes, effective from November 7, provide investors with greater flexibility in managing their SIP investments.
Manabadi AP TET Results 2024 direct link: Check how to download scorecard, pass percentage, other details
AP TET Results 2024 Manabadi: The Andhra Pradesh Department of School Education has released the Teacher Eligibility Test 2024 results on November 4. Candidates can check their scores on the official website. The exam was held between October 3 and October 21. Following the results, the notification for AP DSC 2024 recruitment for 16,347 teacher positions will be issued on November 6.
AP TET 2024 results: Here¡¯s how to check your result on aptet.apcfss.in
The School Education Department of Andhra Pradesh is likely to announce the AP TET results today. Candidates can check their scores on the official website. The exam took place in October after being postponed from August. Details such as names, roll numbers, and marks will be available in the scorecards. Minimum qualifying marks vary by category.
Equity cult is a non-starter: Why we are still a country where only a small percentage of the population invests in equity
The suspicion that equity investing is not a very reliable path to long-term wealth creation is, sadly, still the view many households hold. Their allocation to equity is, thus, small and marginal, tentative and short term. For a country that has so many entrepreneurial successes, the distribution of wealth and participation of public through equity markets is not large, deep and wide enough.
ICAI CA Result 2024 Topper List: Female students claim top three ranks, check names, marks, cities
ICAI CA Result 2024 Toppers List: ICAI announced the CA Foundation and Intermediate results for 2024. Parami Umesh Parekh topped the CA Inter September 2024 exam with 484 out of 500 marks, achieving a percentage of 80.67%. Tanya Gupta and Vidhi Jain secured the second and third ranks, respectively. Candidates can check their results on icai.org.
Significant percentage of organisations see AI as key to competitive advantage: Report
A new report from BML Munjal University reveals that 44% of organisations have significantly boosted productivity through AI integration, with substantial impacts in sectors like finance, healthcare, and manufacturing. However, challenges such as AI-skilled personnel shortages and ethical concerns persist, underscoring the need for education and ethical AI guidelines.
ICC World Test Championship: India remain on top despite point percentage drop; NZ reach 4th
New Zealand defeated India in the first Test in Bengaluru, climbing to fourth in the ICC World Test Championship standings. India's lead in the standings has weakened, but they remain at the top. Key performances from Rachin Ravindra and Will Young secured New Zealand's victory, impacting the race to qualify for the WTC 2023-25 final.
US Elections: In Michigan, Kamala Harris makes blue-collar pitch and needles Trump as 'exhausted'
Vice President Kamala Harris and former President Donald Trump intensify their campaigns in Michigan, targeting undecided voters in a crucial battleground state. Harris appeals to blue-collar voters and commits to job creation, while Trump focuses on economic promises and seeks to leverage local demographic disillusionment with the current administration.
ET Graphics: Total wipeout for JJP; BJP gains almost 4% vote share, and more from Haryana Assembly Polls
Initial counting in Haryana indicated a Congress lead aligning with exit polls, but BJP surged ahead after a couple of hours, challenging foreseen results. With a 67.90% voter turnout, the BJP aimed for a third consecutive term, contrary to many exit poll predictions.
Why Haryana needs Congress: Bajrang Punia explains after casting his vote in assembly elections
Haryana Assembly ELection: Bajrang Punia and his wife Sangeeta Phogat cast their votes in Jhajjar for the Haryana elections. Bajrang Punia expressed a desire for Congress to come into power, highlighting a lack of employment under the current government. Sangeeta Phogat shared her hope for change, expressing voters' dissatisfaction with the BJP government.
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
Federal Reserve Chair Jerome Powell said that the central bank will likely continue with quarter-percentage-point interest rate cuts and is not in a hurry to cut rates quickly. Powell emphasized confidence in ongoing economic growth and consumer spending. The Fed aims to maintain low unemployment and manage inflation towards its 2% target.
Rupee weakens for the first time since US Fed rate cut, ends at 83.67 vs USD
The rupee weakened for the first time since the US Federal Reserve cut interest rates by 50 basis points on September 18 to end at 83.67/$1 on Tuesday due to dollar demand from local oil importers and outflows in Indian markets, traders said.
US Fed rate cut is 'very positive sign' for economy: Janet Yellen
US Treasury Secretary Janet Yellen views the Federal Reserve's recent interest rate cut as a positive sign for the economy. The move reflects confidence in decreasing inflation and a strong job market. This decision comes amid political debate, with Republican nominee Donald Trump criticizing the Fed's motives.
US-listed crypto stocks jump after bumper rate cut from Fed
U.S.-listed crypto shares jumped before the open on Thursday after a half-percentage point interest rate cut sparked a flight into risky assets, adding to the momentum of an industry that has already secured some big wins this year.
India aims to slash logistics costs to single-digit percentage in next five years
India aims to reduce its logistics costs to a single-digit percentage within five years, according to Union Minister Nitin Gadkari. He highlighted ongoing highway and expressway construction as key initiatives. Gadkari also envisions making India's automobile industry the largest globally and emphasized increasing farmers' purchasing power to boost economic growth.
J&K Election Voter Turnout: Voter turnout till 5 pm at 58.19% in first phase of assembly polls
J&K Election 2024 Voter Turnout: Voting has commenced for the assembly elections in Jammu and Kashmir, marking the first election since the abrogation of Article 370. Over 23 lakh voters across seven districts will decide the fate of 219 candidates. This election follows the delimitation exercise completed in December 2022, which redrew constituency boundaries.
Savers turn investors as bank deposits fall to 42% in 2024 from 53% in 2020: Uday Kotak
Kotak suggested that investors adopt a holistic approach to financial services, emphasizing the need for a mindset shift in response to the evolving landscape of household financial assets. This, according to Kotak, is essential for successful financial management in the future.
Pakistan central bank cuts policy rates by 200 bps to 17.5%
Pakistan's Central bank on Thursday cut its key policy rate by 200 basis points to 17.5 per cent from 19.5 per cent bowing to demands for a major rate cut.
Fed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers are expected to initiate interest rate cuts next week with a quarter-percentage-point reduction. This move aims to lower recession risks despite persistent price pressures. Recent data shows core inflation remains steady, prompting cautious action from the Fed, which has maintained rates in the 5.25%-5.50% range since last year.
US oil stocks build as crude imports rise, fuel demand weakens: EIA
U.S. oil stockpiles rose across the board last week as crude imports grew and exports dipped and as gasoline and distillate demand weakened, the Energy Information Administration (EIA) said on Wednesday.
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