New Delhi: In a show of faith in India's advancing position in global aviation, New Delhi is set to host the 81st Annual General Meeting (AGM) of the International Air Transport Association (IATA) next year, media reported.
Mumbai: Indian government bond yields experienced a significant increase, particularly the 10-year benchmark bond yield, which recorded its biggest surge in eight months, reported Reuters.
Mumbai: As all eyes are set on the final results of Lok Sabha elections 2024, market strategists are working on investment plans for investors in the light of likely outcomes.
Mumbai: As trends in election results continue to defy exit poll predictions, the Indian share market fell sharply this morning, wiping out Rs 36 lakh crore in just three hours, showed real time data.
Mumbai: Adani Group stocks witnessed a massive drop of nearly 18 percent on Tuesday, taking a big hit after experiencing substantial gains in the last couple of trading sessions.
Mumbai/IBNS: Indian benchmark indices opened in the red on Tuesday (June 4) as the counting of votes for Lok Sabha election begins with showing BJP-led NDA in the lead in the early trend, reports said.
The Reserve Bank of India on Monday announced the government has received 97.82 per cent of Rs 2000 currency notes that were in circulation as on May 31, 2024.
Mumbai: Monday's trading session concluded with the benchmark equity indices recording gains. The NSE Nifty 50 surged by 733.20 points or 3.25% to settle at 23,263.90, while the BSE Sensex soared by 2507.47 points or 3.39% to 76,468.78.
New Delhi: India's manufacturing sector experienced a slowdown in May, reaching a three-month low, due to an intense heatwave that disrupted production volumes, resulting in a more moderate increase in new orders and output. Despite this, the sector continued to operate in expansionary territory during May, according to a survey.
Mumbai: State-run lender State Bank of India has become the seventh Indian listed company to surpass a market capitalization of Rs 8 lakh crore.
Mumbai: Markets rode a wave of optimism with both Nifty and Sensex rising over 3 percent around noon on June 3. The rally in the Indian markets kicked in after exit polls on June 1 predicted a decisive win for the NDA government, media reported.
Mumbai/IBNS: Traders and experts predict that overseas investors, known as Foreign Portfolio Investors (FPIs), will reduce their negative bets on the stock market on Monday (June 3) after the exit polls released on Saturday (June 2) indicated a strong performance by the Bharatiya Janata Party (BJP) in the national elections, reports said.
Mumbai: Investors saw their wealth swell by Rs 12.48 trillion during Monday morning's trading session as the benchmark equity index, Sensex, reached an all-time high, reported media.
Mumbai: Adani Group stocks continued their upward momentum for the second straight session on Monday, reflecting the bullish trend in Indian equities, following exit polls predicting the return of Narendra Modi as Prime Minister of India.
Ahmedabad/IBNS: The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the brand name 'Amul', on Sunday (June 2) hiked the prices of milk by Rs 2 per litre across all variants, reports said.
Mumbai/IBNS: The Indian stock market zoomed past by 2,000 points since the morning bell on Monday, in tune with the exit polls showing the return of the Modi government with a landslide victory in the Lok Sabha polls.
New Delhi: After the seventh and final phase of voting in the 2024 Lok Sabha elections, exit polls have forecasted a third term for the National Democratic Alliance (NDA) led by the Bharatiya Janata Party (BJP).
Mumbai: Market veteran Sushil Kedia, who has been bullish on a third term for NDA, feels that the actual poll verdict might surpass the predictions and anticipated an "explosion" in the market, with almost all stocks rallying but the subsequent phase would be driven by stocks that have underperformed so far, media reported.
Mumbai: With all eyes trained on the Lok Sabha Election results, illegal betting in grey markets have garnered attention with their survey predictions, especially now when their calculations have fallen in line with those of exit polls, according to media reports.
Mumbai: Billionaire Gautam Adani has reclaimed the title of Asia’s richest person from Reliance Industries Chairman Mukesh Ambani, according to the Bloomberg Billionaires Index.
Delaware/IBNS: Tesla CEO Elon Musk has landed in yet another controversy as he has been named in a shareholder lawsuit for allegedly being involved in $7.5 billion insider trades at the electric car manufacturer, reports said.
New Delhi/IBNS: The government has reduced the windfall tax on petroleum crude to Rs 5,200 ($62.33) per metric ton, down from Rs 5,700 per metric ton, according to a notification issued on Friday (May 31).
New Delhi: Orient Electric Limited, part of the diversified USD 3 billion CK Birla Group, announced today the appointment of Ravindra Singh Negi as its Managing Director and CEO.
Mumbai: Public sector lender Canara Bank has approved a proposal to dilute a 14.50 percent stake in its insurance subsidiary, Canara HSBC Life Insurance Company, via an initial public offering (IPO), the bank announced on the exchanges on May 31.
New Delhi: The Centre utilized Rs 9,48,506 crore for capital expenditure in FY24, nearly matching the revised estimate (RE) of Rs 9,49,555 crore, accounting for 99.9 percent of the RE, according to government data released on Friday.
New Delhi: India's fiscal deficit for FY24 was Rs 16.54 lakh crore, below the budgetary target of Rs 17.86 lakh crore, reaching 95.3 percent of the target, according to data from the Comptroller General of Accounts released on Friday.
New Delhi: India's index of eight core sectors grew by 6.2 percent year-on-year in April, following a 6 percent growth in March, according to official data released on Friday.
Bank of India has launched its “666 Days - Fixed Deposit” which offers returns on deposits as high as 7.95% p.a. for Super Senior Citizens for 666 Days for deposit amount of less than Rs.2.00 Crs.
India's GDP growth touched 7.8 percent in the March quarter, pushing the annual growth rate to 8.2 per cent, as per data released by the Indian government on Friday.
New Delhi: The ‘seeds’ of the NPA crisis were sown during the Congress-led UPA era through ‘phone banking’, when loans were given to undeserving businesses under pressure from UPA leaders and party functionaries. Banks were forced to neglect proper due diligence and risk assessment before sanctioning these loans, Sitharaman said on X.
