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Business
Equity market falls in early trade; Sensex slides 300 points
8 March 2023 10:37 AM IST
Mumbai, Mar 8: Equity market opened sharply lower on Wednesday, with Sensex sliding more than 300 points as the US Federal Reserve's hawkish view on interest rate trajectory and weak global cues hit investor sentiments. Most of the Asian markets, including Hong Kong, were also trading in the...
Business
Sensex, Nifty close higher for 2nd day on gains in global equities; IT,...
6 March 2023 7:30 PM IST
Mumbai, Mar 6: Benchmark indices Sensex and Nifty advanced for a second session in a row on Monday on gains in IT, banking and auto stocks following strong global trends. The 30-share BSE benchmark rose by 415.49 points or 0.69 per cent to close at 60,224.46 with 25 of its constituents ending in...
Business
Sensex crosses 60,000 level in early trade; Nifty tests 17,700
6 March 2023 10:53 AM IST
Mumbai, Mar 6: Equity market opened on a strong note on Monday, with the benchmark crossing the 60,000 level and Nifty making strong gains amid positive global cues. BSE Sensex jumped 554.06 points or 0.91 per cent to 60,363.03 points, while the broader NSE Nifty climbed 143.35 points or 0.81 per...
Business
India, Sri Lanka mulling over using Indian Rupee for economic transactions
5 March 2023 4:25 PM IST
Colombo, Mar 5: India and Sri Lanka are exploring the possibility of using the Indian Rupee for economic transactions and have discussed the initiative that will help in building a stronger and closer partnership through trade and investment-led measures between the two countries. The High...
Business
Sale of gold jewellery and gold artefacts hallmarked without six-digit code to...
4 March 2023 3:56 PM IST
New Delhi, Mar 4: Sale of gold jewellery and gold artefacts hallmarked without six-digit alphanumeric HUID — unique identification number — shall not be permitted from April 1, the government on Friday said. Food and Consumer Affairs Minister Piyush Goyal on Friday chaired a meeting to review the...
Business
SC order on Hindenburg issue: Gautam Adani says truth will prevail
2 March 2023 8:30 PM IST
New Delhi, Mar 2: Embattled tycoon Gautam Adani on Thursday welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail. Shortly after a bench headed by Chief Justice D Y...
Business
GST collection rises 12 pc to Rs 1.49 lakh crore in February on buoyant economic...
1 March 2023 4:57 PM IST
New Delhi, Mar 1: Goods and Services Tax (GST) collections rose 12 per cent to more than Rs 1.49 lakh crore in February as domestic economic activities and consumer spending on high-end goods gained momentum. However, the collections are lower than January mop up of Rs 1.58 lakh crore, which...
Business
Govt to release second advance GDP estimate for 2022-23 on Tuesday
28 Feb 2023 10:38 AM IST
New Delhi, Feb 28: Ministry of Statistics and Programme Implementation will release the second advance estimate of the Gross Domestic Product for 2022-23 along with December quarter data on Tuesday evening. The ministry will also release the revised estimate of economic growth for 2021-22 which...
Business
Sensex, Nifty fall for 7th day on the trot on global equity losses
27 Feb 2023 4:57 PM IST
Mumbai, Feb 27: Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following a bearish trend in global markets amid concerns over aggressive rate hikes by developed economies. The BSE Sensex declined by...
Business
India ranks 42 in 55 countries on International IP Index
25 Feb 2023 11:38 AM IST
Washington, Feb 25: India ranks 42nd among 55 leading global economies on the International IP Index released by the US Chambers of Commerce, according to which India is ripe to become a leader for emerging markets seeking to transform their economy through IP-driven innovation. “As India's size...
Business
Here’s all you need to know about the perks of Bajaj Finserv Insta EMI Card
24 Feb 2023 12:08 PM IST
Making purchases while running low on funds can be quite challenging. The Bajaj Finserv Insta EMI Card lets you bring home your most awaited products on EMI without affecting other monetary obligations that you might have. Through the no cost EMI feature of the Bajaj Finserv Insta EMI card, you can...
Business
War provides thrust to India's space sectors, opens up new opportunities
19 Feb 2023 12:48 PM IST
Chennai, Feb 19: The ongoing war between Russia and Ukraine has opened up new opportunities for the Indian space agency, but also delayed the development of the semi-cryogenic rocket engine.While it is said that a war between nations anywhere in the world would benefit the American defence...
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