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New Delhi: India’s industrial production growth rose to a five-month high of 5.7 per cent in July, mainly due to good showing by the manufacturing, mining and power sectors, according to the official data released on Tuesday. The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 2.2 per…
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Sensex climbed 94.05 points or 0.14 per cent to settle at 67,221.13 (File) Mumbai: The BSE Sensex extended its rally for the eighth day running on Tuesday, while Nifty ended marginally lower after scaling its fresh all-time high level amid mixed global market trends. The 30-share BSE Sensex climbed 94.05 points or 0.14 per cent…
Read More “Sensex Rises 94 Points, Nifty Falls Marginally After Hitting All-Time High” »
Nifty climbed 114 points to 20,110.35 — its all-time high mark. (File) Mumbai: Equity benchmark indices continued their winning momentum on Tuesday early trade, climbing for the eighth day running, with the Nifty scaling its fresh all-time high level. A largely firm trend in global markets and fresh foreign fund inflows also added to the…
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RBI has approved the reappointment of Sandeep Bakhshi as CEO of ICICI Bank. (File) New Delhi: Private sector ICICI Bank on Monday said the RBI has approved the reappointment of Sandeep Bakhshi as Managing Director and CEO of the private lender for three years. The reappointment of Sandeep Bakhshi will be effective from October 4,…
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The upper circuit is the highest possible price that the stock of a firm can trade at. New Delhi: It is party time for investors who have put in their bets on shares of companies involved in railways and its allied activities. An ambitious rail-port economic corridor deal to connect India-Middle East-Europe, seen as an…
Read More “This Stock Hit 10% Upper Circuit Day After India-Europe Trade Corridor Deal” »
The 30-share BSE Sensex climbed 293.7 points to 66,892.61 in early trade. Mumbai: Equity benchmark indices extended their rally for the seventh day running on Monday as investors continued to remain optimistic about the domestic markets. Buying in index majors Reliance Industries and Tata Consultancy Services also added to the winning momentum in equities. The…
Read More “Sensex Rises 293 Points In Early Trade As Markets Extend Rally For 7th Day” »
New Delhi: Billionaire Gautam Adani’s group on Friday said it has formed an equal joint venture with Japanese trading house Kowa Group for marketing of green ammonia and green hydrogen produced by the Indian conglomerate. “Adani Global Pte Ltd, Singapore, a step-down wholly-owned subsidiary of (Adani Enterprises Ltd) has signed a joint venture agreement with…
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The government said the 3rd phase of mandatory hallmarking of gold has come into force New Delhi: The government on Friday said the third phase of mandatory hallmarking of gold jewellery and artefacts has come into force in 55 new districts in 16 states and one Union territory. Gold hallmarking is a purity certification of…
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Rupee depreciated for the 4th straight day by 9 paise, reaching a lifetime low of 83.22 to the dollar New Delhi: The Rupee depreciated for the fourth straight day and settled 9 paise lower at its lifetime low of 83.22 (provisional) against the US dollar on Thursday amid a firm American currency and elevated crude…
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Oil prices hit a 10-month high of nearly USD 90 per barrel New Delhi: Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year. For a nation that is more than 85 per cent dependent…
Read More “Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India” »