Indian Market: Sensex falls 29.07 points
Jul 25, 2023, at 10:33 pm
Mumbai: The BSE Sensex remained weak for the third straight session on Tuesday, as it fell 29.07 pts to settle at 66,355.71 as selling pressure was seen in FMCG, Bankex, and Capital Goods stocks.
Jul 25, 2023, at 06:05 am
Mumbai/IBNS: Reliance Industries Limited (RIL) Monday announced entering into an agreement to invest alongside Brookfield Infrastructure and Digital Realty in their Indian SPVs set up for developing data centers in India. RIL will hold a 33.33 percent stake in each of the Indian SPVs and become an equal partner.
RuPay Card issuance crosses 10,000 milestone in Bhutan
Jul 24, 2023, at 06:53 pm
New Delhi: NPCI International Payments Ltd (NIPL), the wholly-owned subsidiary and international arm of National Payments Corporation of India (NPCI), on Monday, said it has touched the milestone of issuing over 10,000 RuPay cards in Bhutan.
5th Helicopter & Small Aircraft Summit to be held on Tuesday at MP's Khajuraho
Jul 23, 2023, at 09:05 pm
New Delhi: The 5th Helicopter and Small Aircraft Summit will be held on July 25 in Khajuraho, Madhya Pradesh, the Ministry of Civil Aviation said.
Adani Wilmar takes legal action against B2B platform for selling fake products under 'Fortune' brand
Jul 23, 2023, at 06:52 pm
Edible oil company, Adani Wilmar Ltd, has taken legal action against a B2B platform for allegedly selling counterfeit products under its 'Fortune' brand, media reports said.
Elon Musk hints at Twitter logo change in cryptic tweet
Jul 23, 2023, at 04:13 pm
Elon Musk, in a cryptic tweet, Sunday hinted at a change in the micro-blogging site Twitter logo.
Union Bank of India Q1FY24 PAT soars 107.67% YoY to Rs 3,236 cr
Jul 22, 2023, at 08:45 am
Mumbai: Union Bank of India on Friday said its net profit in the first quarter of fiscal year 2023-24 (Q1FY24) surged by an impressive 107.67% to Rs 3,236 cr on a year-on-year (YoY).
Finance Minister Nirmala Sitharaman inaugurates GST Bhawan at Agartala
Jul 22, 2023, at 08:28 am
Agartala: Finance Minister Nirmala Sitharaman inaugurated the ‘GST Bhawan’ in Tripura’s capital Agartala on Friday.
48 Gati Shakti Multi Cargo Terminals commissioned so far: Railway Minister Ashwini Vaishnaw
Jul 22, 2023, at 08:10 am
New Delhi: A total of 48 Gati Shakti multi-cargo terminals have been commissioned so far under the PM Gati Shakti framework, Railway Minister Ashwini Vaishnaw said on Friday.
India’s share in world food grains market based on export values stands at 7.79% in 2022
Jul 22, 2023, at 07:07 am
New Delhi: India’s share in the world food grains market, based on the exported values in 2022, was 7.79%, the Ministry of Commerce and Industry said.
India’s coal prodn jumps to record 223.36 MT in Q1FY24
Jul 22, 2023, at 05:40 am
New Delhi: India’s coal sector registered the highest ever coal production at 223.36 million tonnes (MT) in Q1FY24, a growth of 8.55% compared to the production of 205.76 MT during the same period during FY 2022-23, the Ministry of Coal said.
Reliance Industries Q1FY24 net profit drops 10% YoY to Rs 16,011 cr; dividend declared
Jul 22, 2023, at 05:04 am
Mumbai: Reliance Industries (RIL) on Friday reported a net profit of Rs 16,011 crore for FY24, a decline of 10.8 percent compared to Rs 17,955 crore in the same period last year.
India's UPI to be available in Sri Lanka soon
Jul 22, 2023, at 04:27 am
New Delhi: India's instant payment technology Unified Payments Interface (UPI) will now be used in Sri Lanka.
US Fed slaps $186 mn fine on Deutsche Bank over unsafe practices
Jul 20, 2023, at 06:30 am
The US Federal Reserve has imposed a fine of $186 million on German lender Deutsche Bank for violations related to sanctions and deemed "unsafe and unsound" banking practices at its US subsidiaries, AFP reported.
Ireland’s first low-carbon district heating network employs Honeywell Solstice Ze Refrigerant
Jul 20, 2023, at 06:10 am
Mumbai: Honeywell on Wednesday announced that Ireland’s first low-carbon district heating network located in Tallaght, Dublin, is using a heat pump with its energy efficient, ultra-low-global-warming-potential (GWP) hydrofluoroolefin (HFO) Solstice® ze (R-1234ze) refrigerant.
Indian hotel industry to witness decadal-high occupancy of 70-72% in FY2024: ICRA
Jul 20, 2023, at 05:27 am
Mumbai: The pan-India premium hotel occupancy is expected to be at around 70-72% in FY2024, after recovering to 68-70% in FY2023, according to credit rating agency ICRA.
Tata Group to set up a battery gigafactory in the UK
Jul 20, 2023, at 04:45 am
Gaydon (UK): Tata Sons today announced plans to establish a global battery cell gigafactory in the UK with a capacity to produce 40GW of cells annually.
India's growth rate can push its poverty elevation efforts: World Bank President Ajay Banga
Jul 20, 2023, at 03:11 am
New Delhi: India’s growth rate can be the vantage point in its poverty elevation efforts, according to World Bank President Ajay Banga.
Jul 20, 2023, at 12:25 am
Kolkata: Power Finance Corporation, is one of India’s leading public financial institution and a Schedule-A Maharatna Central Public Sector Enterprises (CPSE), focused on the power sector, has filed tranche I prospectus dated July 17, 2023 for public issue of secured, rated, listed, redeemable, non-convertible debentures of the face value of Rs. 1,000 each.
Indian Market: Sensex ends life-time-high at 67,097.44 pts
Jul 19, 2023, at 11:00 pm
Mumbai: The equity market maintained its supremacy on Wednesday too, as the BSE Sensex ended an all-time-high, touching 67K for the first time at 67,097.44, gaining 302.30 pts amid fresh foreign fund inflows and optimism in the US Market.
Tata Enterprise's Westside refurbishes standalone store at Kolkata
Jul 19, 2023, at 12:33 am
Kolkata: The Tata enterprise, Westside, has recently renovated its 22-year old store in West Bengal, India.
Amit Shah launches portal which will help 10 crore Sahara depositors get refund
Jul 18, 2023, at 10:16 pm
New Delhi: Union Home Minister and Minister of Cooperation Amit Shah launched the Central Registrar of Cooperative Societies (CRCS)-Sahara Refund Portal in New Delhi on Tuesday.
Indian Market: Sensex ends historic high at 66,795.14 pts
Jul 18, 2023, at 09:51 pm
Mumbai: Record-breaking rally continued on Tuesday too, as the BSE Sensex ended at a historic high at 66,795.15, rising 205.21 pts following gains in IT, Technology and Capital Goods stocks amid fresh foreign fund inflows and buying in banking counters.
MX Player, DistroTV partner to build India’s Live TV Streaming Service
Jul 18, 2023, at 07:21 pm
DistroTV, a free, ad-supported streaming TV (FAST) app, has announced that it is expanding its distribution in partnership with MX Player, India’s OTT Platform via an app-in-app integration.
Sensex opens high at 66,828.96 points
Jul 18, 2023, at 05:23 pm
Mumbai/UNI: The equity market remained on top on Tuesday too, as the Sensex opened at an all-time high of 66,824.96, up 238 pts on the strength of utilities, auto, banking, and Capital Goods stocks.
Rupee rises 3 paise against USD
Jul 18, 2023, at 05:16 pm
Mumbai/UNI: Rupee on Tuesday marginally gained by three paise at 82.01 against the US Dollar in the opening session on selling of the US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Bank of Canada hikes key interest rate by 25 basis points to 5 percent, highest since 2021
Jul 18, 2023, at 02:57 am
Ottawa/IBNS: The Bank of Canada has made the cost of borrowing more expensive by reportedly raising its policy interest rate for the 10th consecutive time, by 25 basis points amounting to 5 percent, the highest it’s been since 2001.
Indian Market: Sensex ends its all-time high at 66,589.93 pt
Jul 17, 2023, at 09:50 pm
Mumbai: The BSE Sensex on Monday ended at an all-time high of 66,589.93 pts, surging 529.03 pts following gains in banking, Financial services, and Health Care stocks.
Sensex opens at 66,148.18 points
Jul 17, 2023, at 05:38 pm
Mumbai/UNI: The BSE Sensex on Monday opened at a new high at 66,148.18, rising 88 points on the strength of Metal, technology, and Power stocks.
Startups will increase 10 times in the next 4-5 years: MoS Rajeev Chandrasekhar
Jul 17, 2023, at 12:16 am
Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT, Rajeev Chandrasekhar, highlighted India’s remarkable progress in building unicorns and startups, how they have successfully entered areas in emerging technologies, such as AI, Web 3, and deep tech.