More From Economy
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Sensex, Nifty rebound sharply a day after Lok Sabha election results, markets close in green
June 05, 2024 18:12 ISTAmong Sensex companies, IndusInd Bank jumped over 7 per cent. Tata Steel, Mahindra & Mahindra, Bajaj Finance, Kotak Mahindra Bank, Hindustan Unilever, HDFC Bank, Axis Bank and JSW Steel also emerged as big gainers.
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Hurry up! Just 9 days left to update your Aadhaar details for free | Check step-by-step process here
June 05, 2024 16:46 ISTFree Aadhaar update: The Unique Identification Authority of India (UIDAI) is providing a free update facility for Aadhaar cards until June 14. This complimentary service is available only on the My Aadhaar portal.
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Lok Sabha Election Results: Moody's predict slow fiscal reforms as India returns to coalition era
June 05, 2024 16:14 ISTEarlier in fiscal 2023-24, India's real GDP accelerated to 8.2 per cent from 7.0 per cent in the previous year. It is driven by gains in gross fixed capital formation as the government's infrastructure program gained further traction even as private consumption remained subdued.
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Sensex, Nifty rebound strongly after worst day in four years amid poll verdict easing
June 05, 2024 11:48 ISTBenchmark indices Sensex and Nifty showed a strong rebound in early trade on Wednesday following significant losses in the previous session. The BSE Sensex surged 948.83 points to 73,027.88, and the NSE Nifty climbed 247.1 points to 22,131.60, driven by value-buying at lower levels.
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Investors lose Rs 20 lakh crore in early trade as election race tightens
June 04, 2024 11:31 ISTThe stock market witnessed a steep selloff, resulting in a massive loss of approximately Rs 20 lakh crore within the first 20 minutes of trading. By 9:35 am, the market capitalisation of BSE-listed companies had dropped to nearly Rs 406 lakh crore from the previous session's Rs 426 lakh crore.
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Gautam Adani's fortune nears $100 billion after exit polls predict PM Modi win
June 04, 2024 10:36 ISTBillionaire Gautam Adani’s net worth neared $100 billion as Indian stock markets surged on Monday following exit polls predicting a third term for Prime Minister Narendra Modi. The Nifty 50 and Sensex indices rose over 3%, with Adani Enterprises shares climbing nearly 6.9%.
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Lok Sabha elections: Sensex down nearly 6,000 points amid trends of NDA-BJP losing grounds
June 04, 2024 18:35 ISTBenchmark indices Sensex and Nifty plummeted in early trade on Tuesday as initial Lok Sabha poll counting showed a mixed trend. The BSE Sensex dropped 1,715.78 points to 74,753, and the NSE Nifty tumbled 539.1 points to 22,724.80.
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Rs 2000 banknotes: 97.82 per cent returned, Rs 7,755 crore still with public: RBI
June 03, 2024 19:48 ISTThe RBI reported that 97.82% of Rs 2000 banknotes have returned, with only Rs 7,755 crore still with the public. Withdrawal was announced on May 19, 2023, with significant reduction in circulation since.
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Record highs ahead of Lok Sabha Results 2024: Sensex soars 2,507 points, Nifty closes at 23,338
June 03, 2024 17:10 ISTThe Indian stock market witnessed a historic surge as the Sensex and Nifty soared to record highs just one day before the Lok Sabha election results. The Sensex surged by an astounding 2,507 points, closing at 76,469, while the Nifty climbed 733 points to settle at 23,264.
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After Amul, Mother Dairy hikes milk prices by Rs 2 per litre in Delhi-NCR | Check revised rates
June 03, 2024 11:46 ISTThe increase in prices of all variants of milk is effective from Monday (June 3) in Delhi-NCR as well as other markets where it has a presence.
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Sensex up 2,500 points, Nifty jumps over 1,000 points after exit polls predict PM Modi's 'victory'
June 03, 2024 9:43 ISTThe massive jump of Sensex and Nifty comes amid the predictions of Prime Minister Narendra Modi's return with a huge victory. The early trade on Monday morning witnessed a positive upward trend ahead of the final results of the Lok Sabha elections.
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Amul hikes milk prices by Rs 2 per litre, new rates effective from today | Check Details
June 03, 2024 6:44 ISTAhead of the Lok Sabha election results, the Gujarat Milk Marketing Federation has announced a price hike for Amul milk, impacting the cost of Amul Gold, Amul Taza, and Amul Shakti by at least Rs 2 per liter, effective from Monday.
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NHAI hikes toll tax across highways by 5 per cent from June 3
June 02, 2024 22:20 ISTThere are around 855 user fee plazas on the national highway network on which user fee is levied as per the National Highways Fee (Determination of Rates and Collection) Rules, 2008.
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Delhi Airport operator DIAL achieves remarkable feat by slashing power consumption by over 50 pc
June 02, 2024 12:54 ISTDIAL's energy-saving measures include the integration of green building practices, the use of energy-efficient infrastructure, and ongoing efforts to optimise consumption. Through these, DIAL has successfully brought down electricity consumption per passenger from 5.18 kWh to 2.21 kWh in 2023.
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GST collection records 10 per cent year-on-year growth to Rs 1.73 lakh crore in May
June 01, 2024 20:05 ISTAccording to Finance Ministry, the gross GST collection in the second month of financial year 2025 registered a n year-on-year growth due to increased revenues from domestic transactions amid slowing of imports.
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Delhi airport operator DIAL launches awareness campaign on Wildlife Hazard Management
May 31, 2024 20:13 ISTDIAL's awareness session in Rangpuri Pahari was organised to address the increasing incidents of bird strikes, especially during the monsoon season. The campaign highlighted the importance of proper waste management and the impact of open waste dumping on aviation safety.
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India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent
May 31, 2024 20:27 ISTIndia's GDP growth surged to 7.8% in the March quarter, driving the annual growth rate to 8.2%, as per official data. This growth outpaced China's 5.3% in the same period.
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RBI transfers 1000 tonnes of gold from UK to its vaults in India
May 31, 2024 17:13 ISTIn the biggest logistical exercise to move huge quantity of gold since 1991, the Reserve Bank of India transfers 1000 tonnes of gold to its vaults in India. The move is guided by the management of overseas gold reserve considering its rise in recent years.
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Markets rebound in early trade after five days of decline
May 31, 2024 10:34 ISTFrom the Sensex basket, Larsen & Toubro, Mahindra & Mahindra, Bajaj Finance, UltraTech Cement, NTPC, IndusInd Bank, Tata Motors and Titan were the major gainers.
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'India's Juggernaut': Reliance, Tata named among TIME's 'World's Most Influential Companies'
May 30, 2024 23:50 ISTTIME magazine has included Reliance Industries, led by Mukesh Ambani, and Tata Group in its prestigious list of 100 World's Most Influential Companies for 2024. Reliance Industries, termed 'India's Juggernaut' by TIME, marked its second appearance on the list.
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S&P upgrades India's ratings: What led to this upgrade and what are different types of ratings?
May 30, 2024 18:31 ISTS&P Global Ratings has upgraded India's credit rating outlook from stable to positive, citing policy stability, deepening economic reforms, and high infrastructure investment as crucial drivers of sustained long-term growth. The sovereign rating remains at 'BBB-', the lowest investment grade.
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Market closing bell: Sensex drops 617 points, Nifty below 22,500; Banks outperform
May 30, 2024 16:47 ISTThe sharp declines in both indices signal investor concerns and potential volatility in the coming days. The downturn affected a broad range of sectors, contributing to the overall market slump.
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S&P upgrades outlook on India's sovereign rating to 'positive' based on robust economic expansion
May 30, 2024 13:07 ISTThe rating agency's positive outlook on India is predicated on its robust economic growth, pronounced improvement in the quality of government spending, and political commitment to fiscal consolidation.
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Stock markets: Sensex falls over 180 points, Nifty declines 59 points to 22,645 in early trade
May 30, 2024 11:33 ISTThe market opened in red on second consecutive day on Thursday morning. In the early trade, the 30-share BSE Sensex fell 183.39 points to 74,319.51. Meanwhile, the Nifty declined 58.90 points to 22,645.80.
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Gold and silver prices on May 29, 2024 | Check latest rates in your city
May 30, 2024 8:35 ISTGold-Silver prices on May 30: Both gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on Thursday. Check the latest city-wise prices here.
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India's rating outlook upgraded to positive on growth, improved government spending
May 29, 2024 19:17 ISTThe last time when the rating agency upgraded India's outlook was in 2014, from negative to stable. And in 2024, the agency has again upgraded it from stable to positive.
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Is Paytm in talks with Adani Group to sell stake? Company issues clarification
May 29, 2024 12:28 ISTPaytm has dismissed a report that claimed billionaire Gautam Adani was negotiating with CEO Vijay Shekhar Sharma to acquire a stake in the digital payments firm.
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Gold and silver prices on May 29 | Check latest rates in your city
May 29, 2024 10:24 ISTGold and silver prices on May 29: Gold and silver prices on May 29: Both gold and silver witnessed a hike today. Check the latest rates in your city.
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One killed, several injured as crane collapses onto vehicles in Mumbai
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One dead, several injured in stampede-like situation during Jagannath Rath Yatra in Puri
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'Will abide by party decision': Channi denies Punjab Congress feud, backs Rahul Gandhi's leadership
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Punjab to get 12 redeveloped stations, two new trains as PM Modi unveils Rs 5,470 projects tomorrow
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Punjab to get 12 redeveloped stations, two new trains as PM Modi unveils Rs 5,470 projects tomorrow
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Legendary Australia cricketer announces domestic retirement, to represent Portugal
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NEET re-exam final answer key 2026 OUT at neet.nta.nic.in; how to download
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Mumbai man faces backlash over Gateway of India sea jump, later shares his side of the story
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Why this Indian Railways employee stopped handing out towels to every passenger
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Pune man meets deaf and mute Zomato delivery partner, viral video inspires thousands
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Woman dances to 'Aapke Aa Jaane Se' to welcome mother-in-law home, internet can't stop smiling
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Did this woman shave her head to escape an arranged marriage? She finally reveals the truth