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Nifty hits new high, Sensex up 260 points
Business

Nifty hits new high, Sensex up 260 points

Mumbai, Sep 15: The key Indian equity indices traded on a positive note on Wednesday morning with the Nifty50 on the National Stock Exchange scaling a new high. It touched a fresh record high of 17,458.80 points. Around 10.30 a.m., Nifty was trading at 17,456.05, higher by 76.05 points or 0.44...
Nifty hits record high, Sensex up 200 points
Business

Nifty hits record high, Sensex up 200 points

Mumbai, Sep 14: The Indian stock market opened on a positive note on Tuesday with the Nifty50 on the National Stock Exchange (NSE) touching a record high. Nifty hit a fresh high of 17,438.55 points. Healthy buying was witnessed in auto and banking shares. Around 10.20 a.m., it was trading...
Sensex loses 350 points, RIL shares down 2%
Business

Sensex loses 350 points, RIL shares down 2%

Mumbai, Sept 13: The BSE Sensex declined around 350 points on Monday morning tracking weakness in the global markets. Slump in the shares of index-heavyweight Reliance Industries (RIL) also pulled the indices lower. Around 10.15 a.m., RIL shares on the BSE were trading at Rs 2,373, lower by Rs...
Ford Indias staff, dealers left in lurch as company to shut plants
Business

Ford India's staff, dealers left in lurch as company to shut plants

New Delhi/Chennai, Sept 9: Automobile manufacturer Ford India's decision to stop manufacturing at its two domestic plants has left employees and dealers in lurch.Around 4,000 Ford employees in addition to another 40,000 employed with the dealerships are expected to be affected by the company's...
New Highs: Sensex hits 58,500; RIL shares surge
Business

New Highs: Sensex hits 58,500; RIL shares surge

Mumbai, Sep 6: The Indian stock market traded in the green on Monday morning with the BSE Sensex touching a new record high. Sensex has touched a fresh high of 58,515.85 points and the Nifty50 on the National Stock Exchange 17,429.55 points.Around 10.15 a.m., Sensex was trading at 58,421.04, higher...
Govt to further strengthen Jan-Dhan Yojana as it completes 7 years of implementation
Business

Govt to further strengthen Jan-Dhan Yojana as it completes 7 years of...

New Delhi, Aug 28: Government proposes to further strengthen its national mission on financial inclusion under the Pradhan Mantri Jan-Dhan Yojana (PMJDY) by extending facilities for micro insurance including life and accident cover for all account holders under the scheme.In its eighth year of...
Govt approves raising family pension of bank staff
Business

Govt approves raising family pension of bank staff

New Delhi, Aug 25: The families of deceased bank employees will receive up to 30 per cent of the last drawn salary of the employee under the National Pension Scheme (NPS). Contribution made by PSBs for employee pensions under the National Pension Scheme has been hiked to 14 per cent from the...
India among most exciting markets globally, to grow to USD 1 trillion by 2025: Walmart CEO
Business

India among most exciting markets globally, to grow to USD 1 trillion by 2025:...

New Delhi, Aug 25: The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a trillion dollars by 2025, according to Walmart Inc President and CEO Doug McMillon. Speaking at the Converge@Walmart event, McMillon...
India pips US to rank 2nd in list of most attractive manufacturing hub globally; China 1st
Business

India pips US to rank 2nd in list of most attractive manufacturing hub globally;...

New Delhi, Aug 24: India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield. China remains at number one position, the consultant said...
India
Business

India's GDP likely to grow at 18.5% in April-June quarter this fiscal: SBI...

Mumbai, Aug 24: The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report Ecowrap. This estimate is lower than the Reserve Bank of India's GDP growth...
OMCs finally cut petrol price by 15-20 paise after 35 days
Business

OMCs finally cut petrol price by 15-20 paise after 35 days

New Delhi, Aug 22: The oil marketing companies (OMC) reduced petrol prices across the key metros on Sunday after keeping them unchanged for 35 days. In Delhi, petrol price was cut to Rs 101.64 per litre from Rs 101.84 a litre. Similarly, in Mumbai and Kolkata, the fuel was sold for Rs 107.66 and...
Taliban takeover in Afghanistan worries dry fruit traders in India
Business

Taliban takeover in Afghanistan worries dry fruit traders in India

New Delhi, Aug 17: The Taliban takeover in Afghanistan has adversely impacted the import-export trade in India -- the largest beneficiary of Afghanistan's exports -- a development that has left traders, especially those importing dry fruits, worried.Afghan exports to India include dried raisins,...
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