hi INDiA Copyright 2022-2050
Nifty up by 1 pc for the week
Nifty up by 1 pc for the weekMarch 28, 2024New Delhi, March 28 (IANS) Nifty rose 1.04 per cent for the week, 1.57 per cent for the month and 1.80 per cent for the quarter, says Deepak Jasani, Head of Retail Research, HDFC Securities.Nifty…
Expert Committee submits report on regulatory regime for GIFT IFSC
Expert Committee submits report on regulatory regime for GIFT IFSCMarch 28, 2024New Delhi, March 28 (IANS) The Expert Committee on developing the Gujarat International Finance Tech-City International Financial Services Centre (GIFT IFSC) as…
Centre’s transfer of tax revenue to states up by over Rs 2.25 lakh crore in 2023-24
Centre’s transfer of tax revenue to states up by over Rs 2.25 lakh crore in 2023-24March 28, 2024New Delhi, March 28 (IANS) The Centre has transferred Rs 10,33,433 crore to State Governments as devolution of share of taxes during the 11…
Indian equities close the fiscal year on a positive note
Indian equities close the fiscal year on a positive noteMarch 28, 2024New Delhi, March 28 (IANS) Indian equities closed the day and fiscal year on an optimistic note as buying by retail, DIIs, and FIIs surged across categories, says Vinod…
Nifty ends FY24 with gain of 28 pc, broader market up 60-70 pc
Nifty ends FY24 with gain of 28 pc, broader market up 60-70 pcMarch 28, 2024New Delhi, March 28 (IANS) Domestic equities ended the FY24 on a bullish tone with Nifty up 28.6 per cent while the broader market gained 60 per cent-70 per cent,…
Sensex crosses 74K mark in 1000 points rally
Sensex crosses 74K mark in 1000 points rallyMarch 28, 2024New Delhi, March 28 (IANS) Sensex crossed the 74K mark after it gained more than 1000 points in a broad-based rally on Thursday.
Sensex was trading at 74,044 points, up 1047 points…
Reliance Industries invests in Mahan Energen, a wholly-owned subsidiary of Adani Power
Reliance Industries invests in Mahan Energen, a wholly-owned subsidiary of Adani PowerMarch 28, 2024New Delhi, March 28 (IANS) An investment agreement has been entered into among Mahan Energen Limited (MEL), a wholly owned subsidiary of…
India’s trade policy is calibrated with economic growth path: Piyush Goyal
India’s trade policy is calibrated with economic growth path: Piyush GoyalMarch 28, 2024New Delhi, March 28 (IANS) India's trade policy is calibrated with its economic growth trajectory as it aims to achieve a target of $2 trillion in…
Over half of Indian Equity Large-Cap funds failed to beat the benchmark
Over half of Indian Equity Large-Cap funds failed to beat the benchmarkMarch 28, 2024New Delhi, March 28 (IANS) Over half of Indian Equity Large-Cap funds failed to beat the benchmark, with 52 per cent of actively managed funds…
Credit cards woes form largest chunk of complaints for private banks, mobile banking for public…
Credit cards woes form largest chunk of complaints for private banks, mobile banking for public sector banksMarch 28, 2024New Delhi, March 28 (IANS) The largest share of public sector banks' complaints is for mobile banking while for…
Sensex surges more than 700 points led by gains in financial stocks
Sensex surges more than 700 points led by gains in financial stocksMarch 28, 2024New Delhi, March 28 (IANS) The BSE Sensex on Thursday was trading at 73,755 points, up by 758 points or 1.04 per cent, led by gains in the financial stocks.The…
Adani’s copper unit in Mundra begins operations, to generate 7,000 jobs
Adani’s copper unit in Mundra begins operations, to generate 7,000 jobsMarch 28, 2024Ahmedabad, March 28 (IANS) Making a debut for the Adani Portfolio in the metal industry, Kutch Copper, a subsidiary of Adani Enterprises Limited (AEL), on…
Financialisation of savings growing, especially after Covid pandemic: AMFI chief
Financialisation of savings growing, especially after Covid pandemic: AMFI chiefMarch 27, 2024New Delhi, March 27 (IANS) The retail investor has realised that SIP is the financial version of ‘fill-it, shut-it, forget-it’, the popular…
Federal Bank opens 26 new branches across Tamil Nadu, Puducherry
Federal Bank opens 26 new branches across Tamil Nadu, PuducherryMarch 27, 2024Chennai, March 27 (IANS) Private lender Federal Bank opened 26 new branches across Tamil Nadu and Puducherry on Wednesday. The branches were inaugurated by the…
Govt to borrow Rs 7.5 lakh crore from market in first half of 2024-25
Govt to borrow Rs 7.5 lakh crore from market in first half of 2024-25March 27, 2024New Delhi, March 27 (IANS) Out of Gross Market borrowing of Rs 14.13 lakh crore projected in the Union budget for FY 2024-25, the government has decided to…
NBCC earns record Rs 1,905 crore in e-auction for commercial space in Delhi’s WTC
NBCC earns record Rs 1,905 crore in e-auction for commercial space in Delhi’s WTCMarch 27, 2024New Delhi, March 27 (IANS) NBCC (India) Ltd said on Wednesday that it has recorded its highest-ever revenue of Rs 1,905 crore with the sale of…
Anand Mahindra & family pledge Rs 500 crore for Mahindra University’s expansion
Anand Mahindra & family pledge Rs 500 crore for Mahindra University's expansionMarch 27, 2024New Delhi, March 27 (IANS) Mahindra Group Chairman Anand Mahindra and his family have pledged Rs 500 crore over the next five years to Mahindra…
HPCL, Tata Motors ink pact to set up EV charging stations
HPCL, Tata Motors ink pact to set up EV charging stationsMarch 27, 2024New Delhi, March 27 (IANS) The electric mobility unit of Tata Motors Ltd and Hindustan Petroleum Corp on Wednesday signed a memorandum of understanding to set up EV…
‘Current account deficit to moderate below 1 pc of GDP led by growing exports’
‘Current account deficit to moderate below 1 pc of GDP led by growing exports’March 27, 2024New Delhi, March 27 (IANS) The current account deficit is foreseen to moderate below 1 per cent of GDP led by growing merchandise and service…
‘Flows have slowed down considerably in small and mid-cap funds’
‘Flows have slowed down considerably in small and mid-cap funds’March 27, 2024New Delhi, March 27 (IANS) Flows have slowed down considerably in small and mid-cap funds but other categories have seen an uptick in flows, Kotak Institutional…
Morgan Stanley raises India’s GDP growth estimate to 6.8 pc for 2025
Morgan Stanley raises India's GDP growth estimate to 6.8 pc for 2025March 27, 2024New Delhi, March 27 (IANS) Global brokerage Morgan Stanley has raised India’s GDP growth expectation to 6.8 per cent in 2025 from 6.5 per cent on continued…
Lawyers have opportunity to shape global regulations: Abhishek Manu Singhvi
Lawyers have opportunity to shape global regulations: Abhishek Manu SinghviMarch 27, 2024New Delhi, March 27 (IANS) Member of Parliament and senior Supreme Court advocate Abhishek Manu Singhvi has said the building of a nation is…
Sensex gains more than 500 points amid bullish undertone
Sensex gains more than 500 points amid bullish undertoneMarch 27, 2024New Delhi, March 27 (IANS) Market is likely to continue in the consolidation mode for a couple of days more and then take a new directional trend starting April, says V K…
Adani Green’s solar power plant to produce 540 mn units annually operationalised in Rajasthan
Adani Green's solar power plant to produce 540 mn units annually operationalised in RajasthanMarch 27, 2024Ahmedabad, March 27 (IANS) Adani Green Energy Limited (AGEL) on Wednesday said it has commissioned a 180 MW solar power plant at…
7 in 10 Indian B2B sellers using AI to surpass their targets: Report
7 in 10 Indian B2B sellers using AI to surpass their targets: ReportMarch 27, 2024New Delhi, March 27 (IANS) More than seven in 10 (73 per cent) of business-to-business (B2B) sellers in India who exceed their targets are using artificial…
India’s CAD declines to 1.2 pc of GDP in Oct-Dec quarter reflecting stronger economy
India’s CAD declines to 1.2 pc of GDP in Oct-Dec quarter reflecting stronger economyMarch 26, 2024Mumbai, March 26 (IANS) India’s Current Account Deficit (CAD) declined to $10.5 billion (1.2 per cent of GDP) in the October-December quarter…
Nifty ends in red as investors sit on sidelines
Nifty ends in red as investors sit on sidelinesMarch 26, 2024New Delhi, March 26 (IANS) Nifty traded in negative territory throughout the session to close with a loss of 75 points at 22,021, Siddhartha Khemka, Head - Retail Research,…
‘Headline correction in markets may appear modest but substantial number of stocks impacted in…
‘Headline correction in markets may appear modest but substantial number of stocks impacted in March’March 26, 2024New Delhi, March 26 (IANS) While the headline correction in the markets in March appears moderate, there are a substantial…
Public equity fundraising increased by a huge 142 pc to Rs 1.86 lakh crore
Public equity fundraising increased by a huge 142 pc to Rs 1.86 lakh croreMarch 26, 2024New Delhi, March 26 (IANS) Overall public equity fundraising increased by a huge 142 per cent to Rs 1.86 lakh crore in 2023-24 from Rs 76,911 crore in…
Myntra outpaces market with strong growth aided by customer acquisition, innovation &…
Myntra outpaces market with strong growth aided by customer
acquisition, innovation & operational excellenceMarch 26, 2024Bengaluru, March 26 (IANS) Myntra, India's premier fashion, beauty and lifestyle destination, on Tuesday said it…