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FIIs offloaded equities worth ₹2,566.51 crore while DIIs outnumbered the FIIs by purchasing equities worth ₹4,386.29 crore on August 4, 2025, according to exchange data. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty declined in initial trade on Tuesday (August 5, 2025), dragged down by selling in oil & gas shares and persistent…
A total of 16.26 lakh RECs were traded in the trading sessions held on July 9, 2025 and July 30, 2025, at a clearing price of ₹360/REC.. File | Photo Credit: S.R. Raghunathan Indian Energy Exchange (IEX) on Tuesday (August 5, 2025) said it had achieved highest-ever monthly electricity traded volume of 12,664 million units…
Read More “Indian Energy Exchange logs record trade volume of 12,664 MUs in July” »
Under the Offer For Sale, Tata Sons will offload 23 crore shares and the International Finance Corporation will divest 3.58 crore shares. | Photo Credit: Special Arrangement Non-banking financial company Tata Capital has filed updated draft papers for an Initial Public Offering (IPO) comprising up to 47.58 crore equity shares. The proposed IPO is a…
Read More “Tata Sons-backed Tata Capital files updated draft papers with SEBI for IPO” »
File image of Rajiv Anand. Photo: Special Arrangement IndusInd Bank on Monday (August 4, 2025) announced the appointment of Rajiv Anand, former Deputy Managing Director of Axis Bank, as its new MD and CEO. The board, basis approval of the Reserve Bank of India (RBI), have at its meeting held on August 4 approved the…
Read More “IndusInd Bank appoints Rajiv Anand as MD and CEO for three years” »
Flights are seen parked at Chhatrapati Shivaji Maharaj International Airport (BOM). | Photo Credit: ANI India emerged as the world’s fifth biggest aviation market, handling 241 million passengers, while Mumbai-Delhi was one of the busiest airport pairs in 2024, according to data released by global airlines’ grouping IATA. The International Airport Transport Association (IATA), which…
Image used for representative purpose only. | Photo Credit: Reuters The rupee depreciated 52 paise to close at 87.70 (provisional) against the U.S. dollar on Monday (August 4, 2025), as sustained foreign fund outflows and trade tariff uncertainties dented investors’ sentiment. Forex traders said U.S. President Donald Trump’s tariffs triggered fresh concerns over a much…
Read More “Rupee plunges 52 paise to close at 87.70 against U.S. dollar” »
LTIMindtree will be tasked with designing, procuring, developing, installing, commissioning, operating, and maintaining all the infrastructure components, including hardware, software, networking, and PCs for the entire PAN 2.0 system 2. | Photo Credit: Reuters The government’s PAN 2.0 project, which aims to bring onto one platform all the services relating to Permanent Account Numbers (PAN)…
Bombay Stock Exchange (BSE). | Photo Credit: Reuters Benchmark BSE Sensex rose by nearly 419 points to close above the 81,000 level while Nifty jumped 157 points on Monday (August 4, 2025) following gains in metal, commodities and auto shares amid a firm trend in global markets. The 30-share Sensex gained 418.81 points or 0.52%…
Read More “Sensex rises 419 points to close above 81k level on gains in metal, auto shares” »
Diageo India’s operations added approximately ₹49,000 crore in value to the Indian economy in 2023-24 and the company supported nearly 6.5 lakh jobs in that year said Pahlé India Foundation (PIF), in its report “Economic and Social Impact Assessment of Diageo India”. Employing the input-output model developed by Nobel Laureate Professor Wassily Leontief, the report which provides…
Read More “Diageo India added ₹49,000 crore to Indian economy: report” »
Wooden letters GST and money coin stack on red table background, financial concept | Photo Credit: Getty Images/iStockphoto “Central Goods & Services Tax (GST) field officers have detected tax evasion of about $7.08 lakh crore in the last five years till 2024-25 fiscal, including input tax credit (ITC) fraud of about ₹1.79 lakh crore,” Parliament…