Economy News

GST: Simplified Compliance, Challenges RemainJune 30, 2024 16:45

Bihar Investor Summit: Mega Event in Dec, Roadshows Begin Monday June 30, 2024 11:40

New Delhi, Jun 30 (PTI) Bihar will roll out the red carpet for domestic and foreign investors at a mega event in December as it looks to lure investments in sectors like textiles, food processing...

Indian Economy Poised for Stable High Growth: RBI MPC Member June 30, 2024 11:15

New Delhi, Jun 30 (PTI) Indian economy is poised for potentially a stable high growth phase and it is also in a strong position in the context of significant risks that the country is facing, RBI's...

FPIs Invest Rs 26,565 Crore in Indian Equities in June June 30, 2024 10:55

New Delhi, Jun 30 (PTI) After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in...

EPFO New Members Dip 4% in 2023-24: MoSPI June 30, 2024 10:45

New Delhi, Jun 30 (PTI) Retirement fund body EPFO's gross new subscribers addition declined by over 4 per cent to 1.09 crore in 2023-24 compared to a year ago, as per a report by Ministry of...

Domestic & Global Trends To Drive Markets This Week: Analysts June 30, 2024 10:02

New Delhi, Jun 30 (PTI) Domestic macroeconomic data announcements, global trends and trading activity of foreign investors would guide market sentiments this week, analysts said. After a record...

India's Exports to Cross USD 800 Billion: Goyal June 29, 2024 18:45

Mumbai, Jun 29 (PTI) India's goods and services exports are expected to cross USD 800 billion this fiscal despite global challenges, Commerce and Industry Minister Piyush Goyal said on Saturday....

Egypt, EU Invest to Tackle Inflation, Currency Crisis - AP News June 29, 2024 18:04

Cairo, Jun 29 (AP) Egypt and the European Union on Saturday opened a two-day investment conference to advance the implementation of their strategic partnership agreement that includes a 7.4...

SBI Chairman: FSIB Recommends C S Setty June 29, 2024 17:38

New Delhi, Jun 29 (PTI) The Financial Services Institutions Bureau (FSIB) on Saturday selected SBI's senior most managing director C S Setty for the post of SBI Chairman. Setty is currently the...

UN Warns: Only 17% of Global Goals on Track by 2030 June 29, 2024 10:27

United Nations, Jun 29 (AP) The United Nations warned Friday that only 17% of its 169 targets to improve life for the world's more than 7 billion people are on track to be reached by the 2030...

Argentina's President Milei's Economic Overhaul Passes After Protests June 28, 2024 22:37

Buenos Aires (Argentina), Jun 28 (AP) Argentina's lower house on Friday approved President Javier Milei's sweeping economic overhaul bills, sealing a much-needed legislative victory for the...

India's Coal Import Growth Slows to 2.5% in a Decade: Govt June 28, 2024 21:28

New Delhi, Jun 28 (PTI) The government on Friday said the annual growth in India's coal imports has declined to just 2.49 per cent in the past decade until FY24 as the country moves towards...

India's Iron Ore Production Rises 4% to 52 MMT in Apr-May June 28, 2024 20:49

New Delhi, Jun 28 (PTI) The country's iron ore production increased by four per cent to 52 million metric tonnes (MMT) in the April-May period of the ongoing fiscal. The country's iron ore...

India Extends Export Scheme, But FIEO Disappointed June 28, 2024 20:40

New Delhi, Jun 28 (PTI) The government on Friday extended the interest equalisation scheme on pre- and post-shipment rupee export credit for two months to promote the country's outbound shipments....

Sebi Proposes Mandatory Risk-Adjusted Return for Mutual Funds June 28, 2024 20:39

New Delhi, Jun 28 (PTI) Capital markets regulator Sebi on Friday proposed mandatory disclosure of 'risk-adjusted return' along with the return of a mutual fund scheme to help investors make...

India Economy Growth Outlook: ITC Report | FY2024-25 June 28, 2024 20:28

New Delhi, Jun 28 (PTI) The Indian economy is likely to sustain its high growth trajectory in FY2024-25, driven by strong momentum in fixed investments and a pickup in private consumption, said...

Pakistan Passes Rs 18.8 Billion Budget for Fiscal 2024-25 June 28, 2024 20:20

Islamabad, Jun 28 (PTI) Cash-strapped Pakistan's Parliament on Friday passed a Rs 18,877 billion budget for the fiscal year 2024-25, amidst protests from the Opposition which labelled it as an...

Karnataka Seeks GIFT City Model, Fast-Track Approvals June 28, 2024 20:06

Bengaluru, Jun 28 (PTI) The Karnataka government on Friday made a strong pitch for establishing a dedicated Central Business District -- modelled on the lines of Gujarat's GIFT City on the...

Argentine Congress Approves Milei's Economic Overhaul June 28, 2024 19:01

Buenos Aires, Jun 28 (AP) Argentina's lower house on Friday approved President Javier Milei's sweeping economic overhaul bills, sealing a much-needed legislative victory for the libertarian leader...

RBI Fines HSBC Rs 29.6 Lakh for Credit Card Violations June 28, 2024 18:55

Mumbai, Jun 28 (PTI) The RBI on Friday said it has imposed a penalty of Rs 29.6 lakh on The Hongkong and Shanghai Banking Corporation Limited (HSBC) for non-compliance with certain directions...

Vraj Iron IPO Oversubscribed 119 Times June 28, 2024 18:19

New Delhi, Jun 28 (PTI) The initial public offer of Vraj Iron and Steel got subscribed 119 times on the last day of bidding on Friday helped by heavy participation from institutional investors....

India's Fiscal Deficit at 3% in First Two Months of FY25 June 28, 2024 17:40

New Delhi, Jun 28 (PTI) The central government's fiscal deficit was only at 3 per cent of the annual estimates at May-end 2024-25, the first two months of the financial year during which model code...

India's Key Infrastructure Sectors Grow 6.3% in May June 28, 2024 17:32

New Delhi, Jun 28 (PTI) The eight key infrastructure sectors' growth rose by 6.3 per cent in May on healthy expansion in the production of coal, natural gas, and electricity, according to official...

India's Forex Reserves Jump to $653.71 Billion - RBI June 28, 2024 17:19

Mumbai, Jun 28 (PTI) India's forex reserves jumped by USD 816 million to USD 653.711 billion for the week ended June 21, the RBI said on Friday. In the previous reporting week, the overall...

Gold Price Rises Rs 370, Silver Jumps Rs 600 - HDFC Securities June 28, 2024 17:15

New Delhi, Jun 28 (PTI) Gold prices climbed Rs 370 to Rs 72,550 per 10 grams in the national capital on Friday amid a rise in precious metal rates internationally, according to HDFC Securities....

60% MSMEs to Digitize by 2025: Vi Study June 28, 2024 17:10

New Delhi, Jun 28 (PTI) Almost 60 per cent of MSMEs plan to digitise their business processes, and 43 per cent plan to increase their digitalisation budget by 2025, according to a study by Vi...

NPS Subscribers Get Same-Day Settlement | PFRDA June 28, 2024 17:03

New Delhi, Jun 28 (PTI) The Pension Fund Regulatory and Development Authority has permitted T+0 settlement for National Pension System (NPS) subscribers effective July 1. NPS contributions...

India's Govt. Liabilities Rise 3.4% to ₹171.78 Lakh Crore - Finance Ministry June 28, 2024 16:55

New Delhi, Jun 28 (PTI) Total gross liabilities of the government increased to Rs 171.78 lakh crore at the end of March 2024 from Rs 166.14 lakh crore at December-end, the finance ministry has...

Sensex, Nifty Slip After Record Rally: Profit-Booking Hits Banking Stocks June 28, 2024 16:09

Mumbai, Jun 28 (PTI) Market benchmarks Sensex and Nifty halted their three-day record-hitting rally to close with losses on Friday as investors booked profit in banking, finance and tech stocks...

Rupee Rises 7 Paise to Close at 83.38 vs US Dollar June 28, 2024 15:51

Mumbai, Jun 28 (PTI) The rupee appreciated 7 paise to settle at 83.38 (provisional) against the US dollar on Friday backed by renewed foreign fund inflows. Forex traders said the strength of the...

RBI Governor Stresses Eliminating Bias in AI Algorithms June 28, 2024 14:50

Mumbai, Jun 28 (PTI) RBI Governor Shaktikanta Das on Friday emphasised on the need to eliminate biases in algorithms as the use of artificial intelligence (AI) and machine learning (ML) is on the...

Emcure Pharma IPO: Rs 1,952 Crore Issue Opens July 3 June 28, 2024 12:34

New Delhi, Jun 28 (PTI) Bain Capital-backed Emcure Pharmaceuticals on Friday said it has fixed a price band of Rs 960 to Rs 1,008 per share for its Rs 1,952-crore Initial Public Offering (IPO)....

Emcure Pharma IPO: Price Band Fixed at Rs 960-1,008/Share June 28, 2024 12:33

New Delhi, Jun 28 (PTI) Bain Capital-backed Emcure Pharmaceuticals on Friday said it has fixed a price band of Rs 960 to Rs 1,008 per share for its Rs 1,952-crore Initial Public Offering (IPO)....

Stock Market Today: Asian Shares Rise Ahead of US Inflation Report June 28, 2024 12:09

Tokyo, Jun 28 (AP) Asian shares gained Friday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest rates. Japan's benchmark Nikkei...

Bansal Wire IPO Opens July 3: Rs 243-256/share June 28, 2024 12:03

New Delhi, Jun 28 (PTI) Steel wire manufacturer Bansal Wire Industries on Friday said it has fixed a price band of Rs 243 to Rs 256 per share for its Rs 745-crore initial public offering (IPO)....

Sebi Allows 100% NRI Contribution for FPIs in GIFT IFSC June 28, 2024 11:16

New Delhi, Jun 28 (PTI) Markets regulator Sebi has allowed up to 100 per cent aggregate contribution by non-resident Indians, Overseas Citizens of India, Resident Indians in the corpus of FPIs that...

Rupee Rises 8 Paise to 83.37 vs US Dollar June 28, 2024 10:08

Mumbai, Jun 28 (PTI) The rupee appreciated 8 paise to 83.37 against the US dollar in early trade on Friday, supported by a positive trend in domestic equities and foreign fund inflows. Forex...

Sensex, Nifty Hit All-Time Highs: Stocks, Markets & FIIs June 28, 2024 09:55

Mumbai, Jun 28 (PTI) Benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Friday amid a rally in global markets, buying in Reliance Industries and fresh foreign...

Exporters Seek Dedicated Division to Address Non-Trade Barriers June 27, 2024 22:27

New Delhi, Jun 27 (PTI) Domestic exporters on Thursday suggested the commerce ministry to set up a separate and dedicated division to deal with non-trade barriers being raised by different...

CBIC Launches Automated Currency Exchange Rates System June 27, 2024 21:33

New Delhi, Jun 27 (PTI) The Central Board of Indirect Taxes and Customs (CBIC) on Thursday said it will launch on July 4 the automated system of publishing currency exchange rates. The online...

UP Economy Ranks 2nd, Top Job Provider: CM June 27, 2024 21:10

Lucknow, Jun 27 (PTI) Uttar Pradesh has improved its rank from sixth place in 2017 to become second in the country's economy and topped in providing jobs in the past seven years, Chief Minister...

Kerala Seeks Special Package, Higher Borrowings From Centre June 27, 2024 21:05

New Delhi, Jun 27 (PTI) Kerala Finance Minister KN Balagopal on Thursday met Union Finance Minister Nirmala Sitharaman and made various demands, including a special package and allowing higher...

RRB Merger: Bank Unions Urge Finance Minister to Integrate with Sponsor Banks June 27, 2024 20:46

New Delhi, Jun 27 (PTI) Two bank unions -- AIBOC and AIBEA -- have demanded the merger of Regional Rural Banks (RRBs) with their respective Sponsor Banks to ensure overall efficiency and viability...

West Bengal Targets Rs 1.53 Lakh Crore MSME Loans in FY'25 June 27, 2024 20:09

Kolkata, Jun 27 (PTI) The West Bengal government has set a target of providing Rs 1.53 lakh crore as bank loans to the MSME sector in the current fiscal, a rise of 5.5 per cent over the...

India's Economic Growth Sustained by Low Bad Loans: RBI Report June 27, 2024 19:24

Mumbai, Jun 27 (PTI) The decline in bad assets of banks to a 12-year low of 2.8 per cent and strong GDP numbers will help in sustaining the growth momentum and withstanding global shocks, said the...

US Jobless Claims Fall, Benefits Rise to 2021 High June 27, 2024 19:13

Washington, Jun 27 (AP) Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years....

Allied Blenders' IPO Over-Subscribed 23.49 Times June 27, 2024 19:02

New Delhi, Jun 27 (PTI) The initial public offer of Allied Blenders and Distillers, the maker of Officer's Choice Whisky, garnered 23.49 times subscription on the final day of bidding on Thursday....

SIDBI Supports Sustainable MSME Development | India News June 27, 2024 18:37

Kolkata, Jun 27 (PTI) Small Industries Development Bank of India (SIDBI) has been making efforts for sustainable development of the MSME sector, which plays a key role in the economy, a senior...

US Economy Grows 1.4% in Q1: Slower Growth but Signs of Resilience June 27, 2024 18:34

Washington, Jun 27 (AP) The American economy expanded at a 1.4 per cent annual pace from January through March, the slowest quarterly growth since spring 2022, the government said Thursday in a...

Bank NPAs at 12-Year Low, May Fall Further: RBI June 27, 2024 18:16

Mumbai, Jun 27 (PTI) The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal,...

Vraj Iron IPO Oversubscribed 16.90 Times on Day 2 June 27, 2024 17:52

New Delhi, Jun 27 (PTI) The initial public offer of Vraj Iron and Steel got subscribed 16.90 times on the second day of bidding on Thursday. The Rs 171-crore initial share sale received bids for...

G-Secs Included in JP Morgan Bond Index: Lower Borrowing Costs June 27, 2024 17:49

New Delhi, Jun 27 (PTI) Indian government bonds or government securities (G-secs) would be included in JP Morgan-Emerging Market Bond Index beginning Friday, a move that will bring down borrowing...

BSE Market Cap Hits Record High of Rs 438.41 Lakh Cr June 27, 2024 17:48

New Delhi, Jun 27 (PTI) The market capitalisation of BSE-listed firms hit an all-time high of Rs 438.41 lakh crore on Thursday fuelled by a record-breaking rally in equities where the Sensex...

Sebi Amends FPI Registration Rules for NRIs, OCIs June 27, 2024 16:15

New Delhi, Jun 27 (PTI) Sebi has tweaked the guidelines for registration of Foreign Portfolio Investors (FPIs) pertaining to non-resident Indians, overseas citizens of India and resident Indians as...

India's Financial System Resilient, NPAs at Multi-Year Low: RBI June 27, 2024 16:06

Mumbai, Jun 27 (PTI) Indian economy and the financial system remain robust and resilient as the gross non-performing assets (GNPA) ratio fell to a multi-year low of 2.8 per cent at the end-March...

Sensex Breaches 79,000, Nifty Hits 24,000 High June 27, 2024 16:04

Mumbai, Jun 27 (PTI) Benchmark Sensex breached the historic 79,000 mark while Nifty scaled the historic 24,000 peak for the first time on Thursday as buying in blue-chip stocks like Infosys,...

Rupee Rises 13 Paise to Close at 83.44 vs US Dollar June 27, 2024 15:59

Mumbai, Jun 27 (PTI) The rupee appreciated 13 paise to settle at 83.44 (provisional) against the US dollar on Thursday, supported by a positive trend in equity markets and favourable domestic...

ESOPs by Foreign Cos Not Subject to GST: CBIC June 27, 2024 15:35

New Delhi, Jun 27 (PTI) ESOPs given by foreign companies to employees of its Indian subsidiary at prevailing market value will not attract GST, the CBIC has said. However, Employee Stock Option...

India's Budget to Accelerate Reforms & Make it 3rd Largest Economy June 27, 2024 15:17

New Delhi, Jun 27 (PTI) The first budget of the newly-formed NDA government next month will take "many historic steps" as well as accelerate the pace of economic reforms and lay a roadmap for...

Coriander Futures Rise on Higher Demand - PTI June 27, 2024 14:43

New Delhi, Jun 27 (PTI) Coriander prices on Thursday rose Rs 40 to Rs 7,378 per quintal in futures trade as speculators increased their holdings, tracking a firm trend in the spot market. On the...

Nifty Hits 24k, Sensex Breaches 79,000: Market Rally June 27, 2024 13:00

Mumbai, Jun 27 (PTI) Benchmark indices rallied on Thursday, with the Sensex breaching the historic 79,000-mark and the Nifty hitting the 24,000-level for the first time ever, amid buying in...

Emcure Pharma IPO: Bain Capital-Backed Firm to Launch on July 3 June 27, 2024 12:30

New Delhi, Jun 27 (PTI) Bain Capital-backed Emcure Pharmaceuticals is set to launch its Initial Public Offering (IPO) on July 3. The initial share sale will conclude on July 5 and the bidding...

Foxconn: 25% New Hires Married Women, 70% Workforce Women June 27, 2024 11:21

New Delhi, June 27 (PTI) Apple iPhone maker Foxconn has informed the government that 25 per cent of its new hires are married women and its safety protocol, which requires all employees to avoid...

Sensex Hits Record 79,000, Nifty at New High | Market News June 27, 2024 10:46

Mumbai, Jun 27 (PTI) Benchmark indices rebounded after falling in early trade on Thursday, with the Sensex breaching the historic 79,000-mark for the first time and the Nifty hitting its fresh...

Rupee Rises 8 Paise to 83.49 vs US Dollar - News June 27, 2024 10:02

Mumbai, Jun 27 (PTI) The rupee appreciated 8 paise to 83.49 against the US dollar in early trade on Thursday, as crude oil prices retreated from their elevated levels. Forex traders said the...

Sensex Dips After Record High: Nifty Falls 50 Points June 27, 2024 09:53

Mumbai, Jun 27 (PTI) Benchmark indices declined in early trade on Thursday tracking weak trends from Asian markets and foreign fund outflows. The 30-share BSE Sensex declined 149.41 points to...

Tata Motors Expects Policy Continuity in Budget June 26, 2024 21:51

Mumbai, Jun 26 (PTI) Tata Motors on Wednesday said it is expecting policy continuity in the forthcoming Union Budget and also said that there is a need for more players in the charging infra space...

India Needs 8% Growth to Be 3rd Largest Economy by 2030 June 26, 2024 21:06

Mumbai, Jun 26 (PTI) Veteran industry leader A M Naik on Wednesday said the country will have to grow at 8 per cent every year to become the third biggest economy in the world by 2030. "If you...

India Remittances Hit USD 120 Billion in 2023: World Bank June 26, 2024 21:02

Washington, Jun 26 (PTI) India received USD 120 billion in remittances in 2023, which is almost twice of USD 66 billion received by Mexico during the same period, the World Bank said in a report...

India's Economy in 'Sweet Spot' of Growth: Economist Bhalla June 26, 2024 19:58

London, Jun 26 (PTI) All systems and events around the world are in favour of India right now and the confluence of several factors means the economy is in a very sweet spot of growth, senior...

SEZ Developers Can Install Solar Panels: Commerce Ministry June 26, 2024 18:17

New Delhi, June 26 (PTI) The Commerce Ministry has asked development commissioners of SEZs to consider requests of developers of these special economic zones for installation of solar power panels...

Gold Price Drops Rs 250, Silver Falls Rs 900 - HDFC Securities June 26, 2024 17:17

New Delhi, Jun 26 (PTI) Gold prices declined Rs 250 to Rs 72,300 per 10 grams in the national capital on Wednesday amid fall in precious metal rates globally, according to HDFC Securities. The...

Participatory Notes Investment Surges to Rs 1.49 Lakh Cr in March June 26, 2024 17:12

New Delhi, Jun 26 (PTI) Investments through participatory notes in the Indian capital markets rose to Rs 1.49 lakh crore at the end of March from the previous year's level driven by a strong...

India's Current Account Surplus: CRISIL Report June 26, 2024 16:46

Kolkata, Jun 26 (PTI) India's current account surplus in the fourth quarter of the 2023-24 fiscal was aided by narrowing of the merchandise trade deficit, an increase in remittances and a surplus...

India Needs 1.7-3.6 GW Data Center Capacity by 2028: Report June 26, 2024 16:12

New Delhi, June 26 (PTI) India will require an additional 1.7-3.6 GW data centre capacity by 2028, over and above 2.32 GW capacity already under construction and planning stage, to meet growing...

Rupee Falls 17 Paise to 83.60 vs US Dollar June 26, 2024 15:56

Mumbai, Jun 26 (PTI) The rupee depreciated 17 paise against the US dollar and settled at 83.60 (provisional) on Wednesday, weighed down by the strength of the American currency in the overseas...

Sensex, Nifty Hit All-Time Highs: Market Rally June 26, 2024 15:56

Mumbai, Jun 26 (PTI) Stock market benchmark indices Sensex and Nifty ended at their fresh all-time high levels on Wednesday in tandem with a rally in Asian peers and buying in Reliance Industries....

India Economy to Grow Above 7% in 2024-25: NCAER June 26, 2024 15:30

New Delhi, Jun 26 (PTI) India's economy will grow higher than 7 per cent, even closer to 7.5 per cent, in the current fiscal on the back of expectations of above normal monsoon and absence of any...

Milk Price Hike in Karnataka: CM Defends Increase, Focus on Farmer Benefits June 26, 2024 15:30

Bengaluru, Jun 26 (PTI) Karnataka Chief Minister Siddaramaiah on Wednesday defended the Rs two hike in 'Nandini' milk prices with additional 50 ml of milk in half-litre and one litre packets,...

Gold Futures Slip on Low Demand - PTI June 26, 2024 14:01

New Delhi, Jun 26 (PTI) Gold prices on Wednesday declined Rs 67 to Rs 71,400 per 10 grams in futures trade as speculators reduced their positions. On the Multi Commodity Exchange, gold contracts...

SBI Raises Rs 10,000 Crore for Infrastructure June 26, 2024 13:59

New Delhi, Jun 26 (PTI) State Bank of India (SBI) on Wednesday raised Rs 10,000 crore through its fifth infrastructure bond issuance. The country's largest lender raised the funds at a coupon...

FHRAI Seeks Infra Status for Hotels & Convention Centers June 26, 2024 13:59

New Delhi, Jun 26 (PTI) Federation of Hotel and Restaurant Associations of India has asked the government to grant infrastructure status for hotels across all categories and convention centres...

Office Space Leasing Up 8% in Top 6 Cities: Colliers June 26, 2024 12:26

New Delhi, June 26 (PTI) Gross leasing of office space is estimated to have risen 8 per cent annually during the April-June quarter across six major cities on better demand especially in Mumbai,...

Sensex, Nifty Hit All-Time Highs: Market Update June 26, 2024 12:00

Mumbai, Jun 26 (PTI) Stock market benchmark indices Sensex and Nifty hit their fresh all-time high level on Wednesday in-tandem with a rally in Asian peers and buying in Reliance Industries and...

Rupee vs US Dollar: Range-Bound Trading in Early Trade - PTI June 26, 2024 10:01

Mumbai, Jun 26 (PTI) The rupee witnessed range-bound trading against the US dollar in early trade on Wednesday and fell 3 paise amid a negative trend in domestic equities. Forex traders said the...

Sensex Hits All-Time High: Stock Market Update June 26, 2024 09:51

Mumbai, Jun 26 (PTI) Stock market benchmark indices climbed in early trade on Wednesday, with the Sensex hitting its fresh all-time high level, but soon equities faced volatile trends and were...

Stock Market Today: Asian Shares Mixed After Nvidia Boost June 26, 2024 09:29

Bangkok, Jun 26 (AP) Asian shares are mixed after a rebound for Nvidia propped up a weakened Wall Street. Japan's Nikkei jumped 1.4 per cent to 39,726.39, buoyed by strong demand for technology...

Farmers & Consumers: RBI Governor Das on Inflation June 25, 2024 22:08

Mumbai, Jun 25 (PTI) Amid a debate over the possible disenchantment among agriculturists because of the policy focus on arresting price rise, RBI Governor Shaktikanta Das on Tuesday said lower...

India's Growth Unimpacted By High Rates, RBI Focused On Inflation: Das June 25, 2024 21:32

Mumbai, Jun 25 (PTI) Reserve Bank Governor Shaktikanta Das on Tuesday asserted that the high interest rates are not impeding growth, and made it clear that the monetary policy will "unambiguously"...

Gems & Jewellery Exporters Seek Import Duty Cut in Budget June 25, 2024 21:02

New Delhi, Jun 25 (PTI) Gems and jewellery exporters on Tuesday sought a reduction in import duty on hold, silver, and platinum bars to 4 per cent in the forthcoming Budget. In a pre-budget...

Goyal Meets Exporters to Boost India's Shipments June 25, 2024 20:50

New Delhi, Jun 25 (PTI) Commerce and Industry Minister Piyush Goyal will meet different export promotion councils on Thursday to discuss ways to further promote the growth rate in the country's...

FMCG Growth Tempered: Value-Seeking Customers Drive Shift - Report June 25, 2024 20:17

New Delhi, Jun 25 (PTI) Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth, according to a report from consulting...

Tata Electronics, Synopsys Partner for Dholera Semiconductor Plant June 25, 2024 19:56

New Delhi, Jun 25 (PTI) Tata Electronics on Tuesday said it has signed a memorandum of understanding with US-based IT firm Synopsys for collaboration on process technology and foundry design...

Crypto TDS && Losses: How India Can Boost Exchanges June 25, 2024 19:16

Ahmedabad, Jun 25 (PTI) Cryptocurrency exchange Pi42 co-founder and CEO Avinash Shekhar on Tuesday said lowering TDS and allowing losses to be adjusted against profits would not only boost trading...

India's 'K-Shaped' Inflation: Rural Areas Hit Harder - HSBC June 25, 2024 18:30

Mumbai, Jun 25 (PTI) Just like the post-pandemic recovery, the Indian inflation story is also 'K-shaped' and is hurting certain sections more than others, a foreign brokerage said on Tuesday....

Stanley Lifestyles IPO Oversubscribed 96 Times June 25, 2024 17:59

New Delhi, Jun 25 (PTI) The initial public offer of luxury furniture brand Stanley Lifestyles got subscribed a whopping 96.25 times on the last day of subscription on Tuesday. The Rs 537 crore...

Sensex Breaches 78,000, Nifty Hits Record High June 25, 2024 17:05

Mumbai, Jun 25 (PTI) Benchmark Sensex breached the historic 78,000 level for the first time while Nifty settled at a new record high on Tuesday on buying in blue-chip bank stocks and Reliance...

FMCG Sector Forecast: 7-9% Growth in 2024 | Report June 25, 2024 16:15

New Delhi, Jun 25 (PTI) The FMCG sector is expected to have a sustained growth rate of 7-9 per cent in 2024, supported by government initiatives to stimulate consumption and create job...

Rupee Rises 3 Paise to 83.44 vs US Dollar June 25, 2024 16:05

Mumbai, Jun 25 (PTI) The rupee appreciated 3 paise against the US dollar on Tuesday, tracking a firm trend in domestic equities amid stable global crude oil prices. However, a strengthening...

Company Name
Price
Volume

Vodafone Idea L
17.90 ( -3.35)
166585989

Alstone Textiles
0.75 (+ 8.70)
47681821

GTL Infrastructure
3.27 (+ 4.81)
44040612

Visagar Financial
0.91 (+ 12.35)
29755394

YES Bank Ltd.
23.70 (+ 0.77)
22163699

JSW Infra to Re-evaluate Tajpur Port Bid: Official

Kolkata, Jun 30 (PTI) Indicating that the company is still interested in the mega...

India-South Africa T20 World Cup Final: Record...

New Delhi, Jun 30 (PTI) The T20 World Cup final match which ended India's 13-year wait...

GST: Simplified Compliance, Challenges Remain

New Delhi, Jun 30 (PTI) Introduced seven years ago, the Goods and Services Tax (GST)...

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