Nifty settles near 21,750, Sensex soars over 71,900; Reliance hits 52-week high
January 29, 2024 16:19 ISTReliance Industries shares extended gains and rose 5.30 per cent to Rs 2,850.
Reliance Industries shares extended gains and rose 5.30 per cent to Rs 2,850.
Union Budget 2024: Finance Minister Nirmala Sitharaman is set to announce her sixth budget on February 1, which will be an interim budget or a vote-on-account.
The luxury car segment currently has a GST slab of 28 per cent, with additional cess on sedans and SUVs, resulting in a total tax incidence of up to 50 per cent.
Justice Linda Chan's ruling is expected to have significant consequences for China's financial markets, which are currently dealing with the repercussions of Evergrande's debt crisis.
Nova AgriTech raised about Rs 143.81 crore through its primary route, including a fresh share sale of Rs 112 crore and an offer-for-sale of up to 77.58 lakh equity shares.
In the early trade, the 30-share BSE Sensex climbed 503.47 points to 71,204.14. Meanwhile, the Nifty was also up by 178.55 points to 21,531.15 points.
The National Highway Authority of India (NHAI) has announced that it will be deactivating those FASTags for which Know Your Customer (KYC) is not done. The last date to update the KYC of FASTags is January 31.
The Petroleum and Natural Gas Regulatory Board (PNGRB) introduced the Unified Tariff (UFT) policy in April 2023 to create a single, consistent and fair tariff structure for natural gas transport across the country.
Notably, the government-backed Open Network for Digital Commerce (ONDC) in December crossed 5 million transactions in a month for the first time, led by retail purchases.
The reforms will ensure the unhindered movement of goods between the special economic zones and domestic tariff area, maintaining the competitiveness of the produced goods.
Total net income of Yes Bank rose by 5.80 per cent to Rs 3,211 crore, compared to Rs 3,036 crore in the same period the previous year.
The offering is priced in the range of Rs 129-Rs 135 per share and is expected to be worth Rs 311 crore.
The company announced on Friday the launch of e-bike services in Delhi and Hyderabad.
The departure follows reports indicating Binny Bansal's intention to re-enter the e-commerce space after Sachin Bansal left Flipkart a few years ago to pursue a fintech venture called Navi.
Union Budget 2024: Finance Minister Nirmala Sitharaman is the first full-time woman finance minister in India and has presented five full budgets since July 2019.
The initial announcement by Finance Minister Nirmala Sitharaman in the FY24 budget consisted of Rs 30,000 crore for equity infusion and Rs 5,000 crore for crude oil purchases.
Business news: Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
Foxconn, a leading electronics manufacturer and technology solutions provider in the world, has rapidly expanded its presence in India to diversify production from China. Foxconn is in the process of setting up an outsourced semiconductor assembly in India.
Republic Day 2024: On Tuesday, the stock markets witnessed a bloodbath, with the Sensex falling over 1,000 points due to a host of reasons, including high valuations, foreign portfolio investors lately pulling out funds from India, and a mild profit booking.
Formed in December 2020, Forbes Global Properties entered India through membership network model. It already has a presence in 26 countries where 17,000 agents are providing real estate services to clients.
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