Stay Connected. Stay Informed.
Business
Representational image | Photo Credit: PTI Equity benchmark Sensex on Friday rallied around 556 points, logging its best single day in two months, while Nifty closed above the 19,400 level on value-buying in power, metal and oil stocks following strong domestic macro data and global cues. The BSE barometer closed higher by 555.75 points or…
The rupee rate in the last week. | Photo Credit: PTI The rupee ended on a flat note at 82.70 (provisional) against the U.S. dollar on Friday as surging crude oil prices dented the investor sentiment. The domestic currency, however, found support from positive sentiment in equity markets on the back of robust macroeconomic data….
Read More “Rupee settles flat at 82.70 against U.S. dollar” »
RBI had announced the withdrawal of Rs 2000 banknotes from circulation on May 19. Mumbai: The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19 — the day when the currency was withdrawn from circulation — have been returned to…
Read More “93% Of Rs 2,000 Notes In Circulation Have Been Returned To Banks: RBI” »
Centre and states has kept Rs 30-crore corpus for this fiscal for the GST reward scheme. Gurugram: The GST lucky draw ‘Mera Bill Mera Adhikar’ scheme was launched in six states and Union Territories on Friday and the Centre and states have set aside a Rs 30-crore corpus for this fiscal for the reward scheme….
Read More “Centre Launches GST Reward Scheme In 6 States And Union Territories” »
Representational image of a Maruti Suzuki showroom | Photo Credit: Reuters Maruti Suzuki India on Friday reported its highest-ever monthly wholesales at 1,89,082 units in August. The auto major’s dispatches to dealers last month were 14% higher as compared to 1,65,173 units in August. Total domestic passenger vehicle sales were at 1,56,114 units as against…
Read More “Maruti Suzuki reports highest-ever monthly sales of 1.89 lakh units in August” »
Most of the heavyweight Adani Group stocks have recovered at least 50 per cent. New Delhi: A day after the Adani Group rejected the OCCRP (Organised Crime and Corruption Reporting Project) report, Adani Group shares recovered from intraday lows and traded in the green. Shares of Adani Group’s flagship company Adani Enterprises witnessed a surge…
Read More “Day After Adani Group Rejects OCCRP Report, Shares Gain” »
Most Adani Group stocks were trading higher at around 1 p.m. on Friday. Indian stock markets shrugged off the allegations raised by the OCCRP report alleging “opaque” trading by Adani Group. After the initial reaction on the day the report was released, there was no follow through selling in the Adani group stocks. The general…
Read More “Most Adani Group Stocks Rise As Markets Shrug Off OCCRP Allegations” »
Popular influencers can establish a brand around the material they provide and become well-known in their industry, which may open up new employment prospects. However, your popularity on Instagram is based on your number of followers. It may take years for an influencer to become popular and build up enough followers to earn a salary,…
Venugopal Kasturi, Director, Kasturi and Sons Ltd, has been elected as Chairman of the firm. File photo. | Photo Credit: Mohammed Yousuf Venugopal Kasturi has been elected Chairman of Kasturi and Sons Ltd., the holding company of The Hindu Group Publishing Private Ltd (THGPPL), the publishers of The Hindu, Businessline, Frontline and Sportstar. He was…
Read More “Venugopal Kasturi elected Chairman of Kasturi and Sons Ltd.” »
Moody’s Investors Service today raised India’s growth projection for 2023 calendar year to 6.7% New Delhi: Moody’s Investors Service today raised India’s growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum. “Strong services expansion and capital expenditures propelled India’s 7.8 per cent real GDP growth in the second…
Read More “Global Agency Moody’s Raises India’s Growth Forecast To 6.7 Per Cent For 2023” »
