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Sensex trades flat on mixed global cues
Business

Sensex trades flat on mixed global cues

Mumbai, July 30: Indian equity indices opened flat on Tuesday following mixed global cues. At 9.38 a.m., Sensex was at 81,409, up 53 points. Nifty was up 24 points or 24,860. The market trend remained positive. On the National Stock Exchange (NSE), 1,488 shares remained in the green and 538 shares...
Iron ore production doubles, limestone output jumps 37 per cent after mining sector reforms: Govt
Business

Iron ore production doubles, limestone output jumps 37 per cent after mining...

New Delhi, July 29: The mining sector reforms introduced by the Centre have turned out to be "instrumental" in augmenting the production of key minerals in the country, Union Minister of Coal and Mines G. Kishan Reddy told the Parliament on Monday. The production of iron ore has doubled from 129...
Business

'Excited for future collaborations': Gautam Adani after meeting FedEx CEO

New Delhi, July 29: Gautam Adani, Chairman of the Adani Group, on Monday had an "insightful meeting" with FedEx CEO Rajesh Subramaniam, adding that he is "excited" about future collaborations with the global logistics company.In a post on X, Gautam Adani appreciated Subramaniam for visiting Mundra...
US national debt surpasses $35 trillion for first time
Business

US national debt surpasses $35 trillion for first time

Washington, July 30: The US federal government's total public debt has surpassed $35 trillion for the first time, again sparking concerns about the nation's escalating debt problem and its implications for the US economy. The total public debt outstanding climbed to $ 35 trillion on Friday,...
Sensex opens at all-time high, Nifty trades above 24,900
Business

Sensex opens at all-time high, Nifty trades above 24,900

Mumbai, July 29: Indian equity indices opened at an all-time high on Monday following positive sentiment in the global peers. At the start of the trading session, Sensex and Nifty made a new all-time high of 81,749 and 24,980. At 9:37 a.m., Sensex was at 81,679, up 347 points or 0.43 per cent, and...
UltraTech Cement acquires majority stake in India Cements at high premium
Business

UltraTech Cement acquires majority stake in India Cements at high premium

Mumbai, July 28: UltraTech Cement on Sunday announced it will acquire a majority stake in India Cements, the country's largest cement maker, at a steep premium of $120.76 per tonne. The Board of Directors of UltraTech approved the purchase of a 32.72 per cent equity stake of the promoters and their...
Tax clearance certificate only for high-value defaulters to fly abroad: Centre
Business

Tax clearance certificate only for high-value defaulters to fly abroad: Centre

New Delhi, July 28: The Centre on Sunday clarified that it is not mandatory for every citizen to get a tax clearance certificate to fly abroad. After some social media posts claimed that such a certificate is now required to go abroad, the Finance Ministry clarified it is only for those accused of...
Vietnam posts trade surplus of $14.08 bn in 7 months
Business

Vietnam posts trade surplus of $14.08 bn in 7 months

Hanoi, July 29: Vietnam saw a trade surplus of $14.08 billion in the first seven months of this year, the General Statistics Office said on Monday. The office reported that during the cited period, total import-export turnover of goods hit $439.88 billion, up 17.1 per cent year-on-year, with exports...
Peru
Business

Peru's mega port to be 'nerve centre' for South America-Asia connectivity:...

Lima, July 29: Peru's President Dina Boluarte said the mega port being built in Chancay, a small town just north of Lima, will serve as a "nerve centre" to facilitate the connectivity between South America and Asia.The port, due to be inaugurated in November, "will open investment opportunities for...
India
Business

India's digital payments record double-digit growth: RBI data

Mumbai, July 26: Digital payments in India have registered a 12.6 per cent increase year-on-year with the RBI's Digital Payments Index (RBI-DPI) rising to 445.5 at the end of March 2024 compared to 418.77 in September 2023 and 395.57 in March 2023."The RBI-DPI index has increased across all...
All states have got funds in Union Budget as in the past: FM Sitharaman
Business

All states have got funds in Union Budget as in the past: FM Sitharaman

New Delhi, July 26: Finance Minister Nirmala Sitharman said on Friday that just like in the past, all states have been allocated funds in the Union Budget 2024-25, and no state has been denied anything. In an exclusive interview with Sanjay Pugalia, CEO and Editor-in-Chief of NDTV Network, the...
ITC’s digital investments powered mainstreaming of digital first culture: Sanjiv Puri
Business

ITC’s digital investments powered mainstreaming of digital first culture: Sanjiv...

New Delhi, July 26; At the company’s 113th AGM address, Sanjiv Puri, Chairman and Managing Director, ITC Ltd, shared his vision on 'ITC: Stakeholder Value through Purposeful Performance'.In his address, Puri said ITC’s digital investments power mainstreaming of the digital-first culture,...
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