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  Expect Indian economy to grow 7 per cent in FY25: RBI Governor Shaktikanta Das

  January 17, 2024 18:59 IST

  The governor said that structural reforms by the government in recent years have boosted the medium- and long-term growth prospects of the economy.

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  Japan Airlines appoints former cabin attendant as first female president days after jet crash

  January 17, 2024 17:08 IST

  The appointment comes when Japanese companies are under scrutiny to enhance gender diversity and address the gender pay gap in the country.

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  Tata Punch EV launched at Rs 10.99 lakh, deliveries to begin on Januray 22

  January 17, 2024 16:26 IST

  The electric vehicle will come in five variants, Smart, Smart+, Adventure, Empowered, and Empowered+, along with two battery pack options, a 25 kWh version with a claimed range of 315 km and a Long Range version with a 35 kWh battery pack offering an MIDC range of 421 km.

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  Sensex plunges 1,628 points, Nifty down 2.06 per cent in biggest single day loss since June 2022

  January 17, 2024 16:25 IST

  The fall in the Sensex and Nifty was primarily triggered by a substantial fall in HDFC Bank's share price.

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  Why did Sensex fall over 1,600 points, Nifty below 22,000 after hitting record highs?

  January 17, 2024 16:28 IST

  Banking shares faced significant selling pressure as all 12 Nifty Bank index constituents traded with cuts. The selling activity was triggered by negative commentary on HDFC Bank's below-par third quarter figures, impacting sentiment across the sector.

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  Inflation moderating, moving towards 4 per cent target: RBI Governor Shaktikanta Das

  January 17, 2024 18:28 IST

  Speaking at the World Economic Forum annual meeting in Davos, the governor expressed confidence in the effectiveness of monetary policy, stating that core inflation has been steadily decreasing.

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  HDFC Bank shares fall 7 per cent post Q3 earnings; market cap erodes by Rs 72,736 crore

  January 17, 2024 11:30 IST

  HDFC Bank reported a net profit of Rs 16,372 crore compared to Rs 15,976 crore in the quarter-ago period on a standalone basis.

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  Budget 2024: Key differences between interim and regular budget

  February 01, 2024 10:08 IST

  The Finance Minister has indicated that the interim budget 2024 will not include major announcements and that it will be a vote-on-account to meet the government's expenses until a new government is in place.

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  86 per cent Indian CEOs expect economy to improve over next 12 months: Survey

  January 17, 2024 10:56 IST

  About 62 per cent of business leaders in the country expressed "extreme or very confident" expectations regarding the growth of their companies over the next year, while 37 per cent of global CEOs shared similar confidence levels.

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  Oil companies may slash petrol, diesel prices by Rs 5-10 next month

  January 17, 2024 10:40 IST

  The companies may make a decision on slashing fuel rates by Rs 5 to Rs 10 a litre after assessing their financial results and considering the potential for future spikes in global oil prices.

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  Stock markets: Sensex plunges over 1,300 points, Nifty falls below 22,000-level in early trade

  January 17, 2024 10:34 IST

  The stock market witnessed a sharp decline as it opened in negative, with the Sensex plummeting more than 1,300 points to 71,757.54 in early trade. The overall market sentiment seemed to be impacted by HDFC Bank's decline, signaling a broader market correction.

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  India can become USD 5 trillion economy before 2028, says Hardeep Singh Puri

  January 16, 2024 18:13 IST

  Puri expressed confidence in meeting India's targets for 2030 on energy transition and highlighted initiatives such as the green hydrogen policy, aviation fuel targets, and biofuel blending potential.

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  Green hydrogen holds key to India's journey to net-zero carbon emissions: Gautam Adani

  January 16, 2024 17:56 IST

  Green hydrogen has the potential to be an alternative to fossil fuels, considering the intermittent nature of renewable energy sources, said Gautami Adani.

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  Hyundai Creta facelift launched at Rs 11 lakh; here's all you need to know

  January 16, 2024 17:25 IST

  The Creta 2024 facelift price starts at Rs 10,99,900 and goes up to Rs 19,99,900 (ex-showroom).

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  HDFC Bank Q3 profit surges 34 per cent to Rs 16,373 crore, NPAs decline to 0.31 per cent

  January 16, 2024 17:02 IST

  The total income on a standalone basis for the bank stood at Rs 81,720 crore in the third quarter of FY24, compared to Rs 51,208 crore in the same period of the previous year.

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  Sensex falls 199 points, Nifty below 22,050 amid global weakness, profit booking in IT stocks

  January 16, 2024 15:59 IST

  The BSE Sensex was down 199.17 points at 73,128.77, while the Nifty fell by 65.15 points to 22,032.30.

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  EaseMyTrip CEO Nishant Pitti defends flight booking suspension

  January 16, 2024 15:02 IST

  Nishant Pitti said that some users accused EaseMyTrip of fueling the India-Maldives row and that the company would have taken the same decision regardless of the ruling government in India.

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  Budget 2024: Key terms you should know before the announcement

  February 01, 2024 10:27 IST

  Union Budget 2024: The budget is expected to include various financial indicators, including inflation, fiscal deficits, capital expenditures, revenue receipts, bad loans, and more.

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  Jyoti CNC Automation shares make market debut, list at 12 per cent premium

  January 16, 2024 11:24 IST

  The initial public offering of Jyoti CNC Automation consisted entirely of a fresh issue of equity shares worth up to Rs 1,000 crore, with a price band of Rs 315-331 per share.

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  Jio Financial plunges nearly 6 per cent as Q3 net profit declines 56 per cent QoQ to Rs 293.82 crore

  January 16, 2024 11:07 IST

  Jio Financial Services' net profit during the nine-month period rose from Rs 32.25 crore to Rs 1,293.92 crore, while revenue increased from Rs 41.63 crore during the year ending March 2023 to Rs 1,435.78 crore in December 2023.

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  Stock markets updates: Sensex, Nifty open marginally lower a day after hitting record high

  January 16, 2024 13:37 IST

  Stock markets: In the early trade, the 30-share BSE Sensex fell around 227 points to 73,101.01. Meanwhile, the Nifty also saw a decline of 68 points to begin on a quiet note.

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  Over 24 crore Indians moved out of multidimensional poverty in last nine years: NITI Aayog 

  January 16, 2024 11:24 IST

  As per the report, multidimensional poverty in India fell from 29.17 per cent in 2013-14 to 11.28 per cent in 2022-23, declining by 17.89 per cent.

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  Ram temple consecration to generate Rs 1 lakh crore worth of business: Report

  January 15, 2024 17:13 IST

  The markets are witnessing a surge in demand for Shri Ram flags, banners, caps, t-shirts, and printed 'kurtas' with the image of the Ram temple. There is a growing demand for models of the Ram Mandir, with projections indicating the sale of over 5 crore models throughout the country.

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  Rupee climbs 6 paise to 82.89 against US dollar as markets hit record highs 

  January 15, 2024 16:26 IST

  The positive momentum over the past nine sessions has seen the rupee gain 48 paise since January 2, when it was at 83.32 against the dollar.

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  Sensex surges by 759 points to cross 73,000 mark, Nifty rises 202 points to 22,097

  January 15, 2024 15:53 IST

  The BSE Sensex rose by 1.05 per cent, reaching 73,327.94, while the Nifty was 202 points, or 0.93 per cent higher at 22,097.50. The market breadth reflected this movement, with 1787 shares advancing, 1609 shares declining, and 78 shares remaining unchanged.

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  Wholesale inflation increases to 0.73 per cent in December on rising food prices

  January 15, 2024 13:15 IST

  The positive inflation rate in December is attributed to higher prices of food articles, machinery and equipment, other manufacturing goods, other transport equipment, and computer, electronics, and optical products, among others.

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  Budget 2024: Pharma industry seeks incentives to boost R&D, eyes USD 400-450 billion market size

  January 15, 2024 12:27 IST

  The pharmaceutical industry aims to reach $120-130 billion by 2030 and further elevate to $400-450 billion by 2047 by calling for increased focus on innovation and expedited research and development efforts.

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  Rupee rises 18 paise to 82.77 against US dollar amid market rally

  January 15, 2024 11:28 IST

  The dollar index, which gauges the strength of the greenback against a basket of six currencies, stood at 102.35, while the global oil benchmark, Brent crude, was priced at USD 78.54 per barrel.