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  Sensex breaches 81,000 mark, Nifty scales 24,800 peak on gains in IT, FMCG shares

  July 18, 2024 16:19 IST

  Stock markets continued their record run for the fourth day on Thursday, with the BSE Sensex breaching 81,000 for the first time and the NSE Nifty reaching a new peak at 24,800. Strong performances by IT, oil & gas, and FMCG shares fueled this surge.

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  Stock markets: Sensex falls over 250 points, Nifty dips 76 points to 24,536 in early trade

  July 18, 2024 10:20 IST

  Stock markets update: The 30-share BSE Sensex fell 251.93 points to 80,464.62. Meanwhile, the Nifty declined 76.6 points to 24,536.40 points.

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  Budget 2024: Will FM Nirmala Sitharaman restore railway fare concessions for senior citizens?

  July 22, 2024 18:39 IST

  Budget 2024: Previously, women senior citizens were eligible for a 50 per cent discount on train tickets, while male and transgender senior citizens received a 40 per cent discount.

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  Air India introduces VRS and VSS scheme for non-flying permanent staff ahead of merger with Vistara

  July 18, 2024 7:33 IST

  The Air India and Vistara merger is expected to affect around 600 employees from both airlines. Tata Group-owned loss-making full-service carriers -- Air India and Vistara -- together have more than 23,000 employees.

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  Muharram Holiday 2024: Will stock market be closed today on July 17? Check here

  July 17, 2024 8:46 IST

  The domestic stock exchanges BSE and NSE will be closed on Wednesday in view of the Muharram holiday. As a result, there will be no trading in equities, derivatives, or currency and commodity markets for the entire day.

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  ITR Filing: How much fine you will have to pay for late filing of income tax returns? Know rules

  July 17, 2024 7:55 IST

  ITR Filing 2024: The deadline for filing income tax returns (ITR) is typically 31st July each year. However, if you miss this deadline, you can still file a belated ITR by December 31 of the assessment year, but with a penalty.

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  Byju's faces insolvency proceedings as it fails to pay Rs 158.9 crore sponsorship fee to BCCI

  July 16, 2024 21:02 IST

  Byju's and BCCI entered into a sponsorship agreement in 2019 through which the Edtech company got exclusive rights to display its trademark on the kit of the Indian cricket team, however, it failed to pay the sponsorship after June 2022.

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  IMF upgrades India's GDP forecast to 7 per cent for 2024-25

  July 16, 2024 19:52 IST

  The IMF has upgraded India's GDP growth forecast to 7% for the fiscal year 2024–25, citing anticipated improvements in rural consumption. Despite maintaining global growth projections at 3.2%, the IMF cautioned about risks including inflation and trade tensions, urging prudent monetary policies.

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  Halwa ceremony marks final stage of Budget preperation process at North Block | WATCH

  July 16, 2024 19:07 IST

  The Halwa ceremony at North Block marked the final stages of preparing Budget 2024-25, attended by Finance Minister Nirmala Sitharaman and other officials. This traditional event symbolizes the commencement of a lockdown within the finance ministry until the budget's parliamentary presentation.

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  Sensex surpasses 80,700, Nifty holds 24,600, Realty and FMCG stocks shine

  July 16, 2024 16:42 IST

  Sensex and Nifty closed at new record highs on Tuesday, driven by a series of positive economic factors and strong institutional buying. Sectoral performance was mixed, with Nifty Realty leading gains and Nifty Media seeing the largest decline.

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  Muharram Bank Holiday 2024: List of states where banks will be closed today | Check here

  July 17, 2024 7:32 IST

  In July 2024, there are 12 bank holidays including the weekends. These holidays also include Muharram which will be observed on Wednesday. Here is the complete list of states where banks will remain closed.

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  Budget 2024: Will mobile phones become cheaper in India? | Here's what we know

  July 18, 2024 13:23 IST

  Budget 2024: Last year, the central government reduced import taxes on key components such as camera lenses to promote mobile phone manufacturing in India.

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  Stock markets update: Nifty hits fresh record high in early trade, Sensex surges 185 points

  July 16, 2024 11:01 IST

  In the early trade, the 30-share BSE Sensex climbed 185.55 points to 80,850.41. Meanwhile, the Nifty rallied 63.35 points to hit a new all-time peak of 24,650.05 on Tuesday morning.

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  RBI revises norms, asks banks to hear borrowers before classifying account as fraud

  July 16, 2024 9:03 IST

  In the SBI versus Rajesh Agarwal case, a Supreme Court bench led by CJI DY Chandrachud batted for the rights of the borrower to be heard before an account is classified as fraud.

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  Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

  July 16, 2024 8:34 IST

  The Indian Space Association has urged the government to commit to procuring and adopting space technology solutions for various governance sectors. These sectors include agriculture, disaster management, infrastructure planning and development monitoring, and urban development.

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  Govt implements uniform 5 per cent tax on all aircraft, engine parts to boost domestic MRO industry

  July 16, 2024 7:29 IST

  The decision, which comes into force with immediate effect, marks a significant milestone for the domestic Maintenance, Repair, and Overhaul (MRO) industry, aimed at making India a global aviation hub.

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  Sensex climbs 145 points to settle at all-time high of 80,664, Nifty rises to record 24,586

  July 15, 2024 16:03 IST

  The BSE Sensex and NSE Nifty reached new record highs on Monday, with the Sensex closing at 80,665 points and the Nifty finishing at 24,587 points. Key sectoral gains and strong performances by individual stocks drove the indices upward.

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  India's exports soar 2.56 per cent to USD 35.2 billion in June: Govt data

  July 15, 2024 15:59 IST

  According to the latest data released by the government, the exports rose on a year-on-year basis in June and going by the trend, the country's total exports of goods and services may cross USD 800 billion this fiscal.

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  WPI inflation surges to 16-month high of 3.36 per cent in June on costlier vegetables

  July 15, 2024 16:06 IST

  Wholesale inflation in India reached a 16-month high of 3.36% in June, driven by rising prices of food articles, especially vegetables, and manufactured items. This marks the fourth consecutive month of increasing inflation, up from 2.61% in May.

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  SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details

  July 15, 2024 12:02 IST

  The bank has increased its marginal cost of fund-based lending rate (MCLR) by up to 10 basis points (bps) on select periods.

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  Stock markets update: Nifty rallies over 95 points to hit new record peak, Sensex gains 290 points

  July 15, 2024 10:24 IST

  In the early trade, the 30-share BSE Sensex climbed 290.46 points to 80,809.80. Meanwhile, the Nifty was also up by 95.8 points to 24,598.

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  Budget 2024: Govt likely to introduce insurance laws amendment bill, know how it will benefit you

  July 15, 2024 7:09 IST

  Budget 2024: The move will enable the entry of differentiated insurance companies like in the banking sector. The banking sector is currently categorised as universal bank, small finance bank, and payments bank.

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  ITR Filing 2024: Why is it crucial to verify Income Tax Return? Check time limit

  July 14, 2024 13:49 IST

  ITR Filing 2024: The Income Tax Department has informed taxpayers that under the Income Tax (IT) Act, 1961, delays in verification can lead to penalties.

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  Budget 2024: Startups seek removal of angel tax, incentives on investments

  July 14, 2024 13:13 IST

  Budget 2024: The first budget of the BJP-led government NDA in its fresh term would be significant with Prime Minister Narendra Modi having stated earlier that the third term will be used to write new chapters of bold decisions. The budget is set to be presented on July 23.

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  Automobile exports from India rise 15.5 per cent in Q1

  July 14, 2024 11:34 IST

  Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 1,52,156 units in the same period last year.

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  Retail inflation surges to 5.08 per cent in June, Industrial production jumps to 5.9, says Govt

  July 12, 2024 17:59 IST

  Retail inflation increased to 5.08 per cent in June as kitchen items became dearer, according to government data released today. The industrial production grew 5. 9 per cent in May this year, mainly due to good show by mining and power sectors.

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  Important notice for Axis Bank and HDFC Bank's customers: Online banking services to be disrupted

  July 12, 2024 16:37 IST

  HDFC Bank and Axis Bank will experience online and mobile banking service disruptions this weekend due to system upgrades. HDFC Bank’s UPI services will be down on July 13, 2024, from 3:00 AM to 3:45 AM and from 9:30 AM to 12:45 PM.

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  Sensex jumps 622 points to all-time high of 80,519, Nifty rallies 186 points to record 24,502

  July 12, 2024 19:23 IST

  The benchmark BSE Sensex jumped 622 points, or 0.78%, to reach an unprecedented 80,519.34. The NSE Nifty rose by 186.20 points, or 0.77%, closing at a historic 24,502.15.