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  TCS Q2 results: Net profit rises 8.7% to Rs 11,342

  October 11, 2023 18:31 IST

  The company's operating profit during the reporting quarter grew 9.1 percent to Rs 14,483 crore while operating margins widened by 25 bps to 24.3 percent.

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  Sensex surges 333 points as Nifty approaches 19,800, signals positive start for markets

  October 11, 2023 9:55 IST

  Financial services firm CLSA has released its top stock picks following the upgrade, expressing high confidence in companies such as Reliance Industries, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, Bajaj Finance, L&T, Axis Bank, ONGC, and Tata Motors.

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  IMF raises India’s growth forecast to 6.3% for 2023-24, cites strong consumption

  October 11, 2023 10:05 IST

  The IMF noted that there are potential risks to prices, primarily from food security concerns. Recent export restrictions in India, the world's largest rice exporter, and uncertain effects of El Nino are contributing to the upward tilt in risks.

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  Chinese national, Lava International MD among four arrested in Vivo mobiles money laundering case

  October 10, 2023 16:41 IST

  The four people, who have been arrested as part of an ongoing investigation in a money laundering case involving Chinese smartphone company Vivo, are expected to be presented before a court where the Enforcement Directorate will seek their custody.

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  Sensex surges over 300 points to 65,822, Nifty reaches 19,596 in opening trade

  October 10, 2023 10:00 IST

  Nifty Smallcap 250 led with a 0.82% gain, followed by Nifty Microcap 250, surging 1.06%. Notable performances included Nifty Smallcap 100 (0.79%), Nifty Midsmallcap 400 (0.74%), Nifty Midcap 100 (0.71%), and Nifty Smallcap 50 (0.65%).

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  India's unemployment rate hits 6-year low at 3.2% in latest government data

  October 10, 2023 9:47 IST

  India's unemployment rate has reached a six-year low at 3.2% for individuals aged 15 and above during July 2022-June 2023, according to the Periodic Labour Force Survey. The report shows a steady decline in unemployment, particularly in rural and urban areas.

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  Multibagger IPO: Paper stock wins export order amid industry buoyancy

  October 10, 2023 7:33 IST

  The prospects of the paper industry are closely tied to various economic indicators. According to the International Project Management Association (IPMA), paper consumption in India is projected to reach 30 million tons by 2027.

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  Adani Group condemns Financial Times’ malicious campaign to tarnish its global reputation

  October 09, 2023 21:51 IST

  Tariff fixation by the Central Electricity Regulatory Commission is an open, transparent, independent process where the tariffs are fixed after carefully evaluating all variables and in consultations with the power generator, distributor and retail consumers.

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  'On alert, employees safe': Adani Group on safety of Israel's Haifa Port amid war with Hamas

  October 09, 2023 20:44 IST

  "We have taken measures to ensure safety of our employees and all of them are safe," said the Adani Group's spokesperson. Over 700 people have been killed in Israel after Hamas launched a barrage of rockets.

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  Employment: 8.6 per cent decline in white-collar hiring in September, says report

  October 09, 2023 14:01 IST

  Naukri.com's monthly 'Naukri JobSpeak Index' report, published on Monday, suggested that IT, BPO or ITES and FMCG have experienced negative trends in terms of hiring in September. 2,835 white-collar job postings in September, said the report.

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  Sensex falls 510 points in early trade, Nifty loses 146 points near 19,514

  October 09, 2023 10:30 IST

  Vodafone Idea Ltd, Infibeam Avenues Ltd, YES Bank Ltd, Punjab National Bank, Indian Overseas Bank, Ujjivan Small Finance Bank Ltd, Bank of Maharashtra, and Rail Vikas Nigam Ltd were among the top companies that lost points in early trade.

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  What options are available after deadline to exchange Rs 2,000 notes is over? | DETAILS

  October 08, 2023 18:03 IST

  Rs 2,000 notes deadline over: On Sept 30, RBI decided to extend the arrangement for deposit and exchange till Oct 7. With effect from Oct 8, 2023, banks shall stop accepting Rs 2,000 notes for credit to accounts or exchange to other denomination banknotes.

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  No petrol, diesel price hike likely despite crude oil price surge as elections loom: Moody's

  October 08, 2023 15:01 IST

  Three state-owned fuel retailers -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 18 months in a row.

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  Tata Group-owned Air India shares first look of its planes with new logo | PICS

  October 07, 2023 10:18 IST

  Air India, owned by the Tata Group currently undergoing an ambitious transformation plan. The airline has been also working on a mega-merger plan to merge Air India Express, and Vistara with Air India. Air India placed an order for six A350-900 aircraft.

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  Adani Group's Mundra Port plays vital role in India's progress, continues success in connectivity

  October 06, 2023 15:33 IST

  Mundra has emerged as a shining example of a city with a port-driven economy in India. The port's operations have facilitated trade and commerce, driving economic growth not just in Kutch but also in the larger national context.

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  RBI keeps Repo Rate unchanged at 6.50% for fourth time in a row

  October 06, 2023 10:23 IST

  Reserve Bank of India had started the process of increasing the repo rate in May 2022 after the outbreak of war between Russia and Ukraine last year. This trend of increasing the policy interest rate continued till February 2023. During this period, it was increased from four per cent to 6.5per cent

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  Sensex rises 257 points to 65888.98 in early trade, Nifty advances 78 points to 19,624

  October 06, 2023 10:46 IST

  The major gainers in the Sensex stack are Bajaj Finserv, Titan, Bajaj Finance, JSW Steel, Maruti, Tata Motors and IndusInd Bank.

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  BHEL pays Rs 88 crore final dividend to Government of India for FY23

  October 05, 2023 14:39 IST

  BHEL has paid Rs 88 crore as final dividend to Government of India for fiscal year 2022-23.

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  Stock market opening update: Sensex gains 350 pts, Nifty near 19,550; PSBs lead

  October 05, 2023 10:07 IST

  Asian shares experienced a rebound from their 11-month lows on Thursday, benefitting from a decline in oil prices and softer-than-expected US labor data. These factors contributed to improved market sentiment across the region.

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  RBI appoints Muneesh Kapur as Executive Director: All you need to know about him

  October 04, 2023 18:12 IST

  The Reserve Bank of India said that Muneesh Kapur would be looking after the Department of Economic and Policy Research. He has worked for nearly three decades in the RBI in different capacities.

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  Modi govt raises subsidy under Ujjwala Yojana from Rs 200 to Rs 300 per LPG cylinder

  October 04, 2023 17:42 IST

  LPG cylinder subsidy: Pradhan Mantri Ujjwala Yojana beneficiaries will now be eligible for an additional subsidy of Rs 100 per cylinder. The Union Cabinet had in August cut LPG domestic gas cylinder prices by Rs 200 for all consumers.

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  World Financial Planning Day 2023: 5 expert tips for managing your finances

  October 04, 2023 15:03 IST

  Financial planning is an ongoing process, and expert guidance can tailor solutions to individual needs. Responsible money management is key to securing your financial future and achieving your dreams.

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  RBI's rate-setting panel starts deliberations amid expectation of status quo

  October 04, 2023 14:56 IST

  Das further said retail inflation is still high at 6.8 per cent and expected to come down sharply in September and October, but there is still some pessimism on Kharif output especially relating to pulses which has the potential to push up prices further.

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  Sensex plummets 450 points in early trade, Nifty falls below 19,400 mark

  October 04, 2023 10:29 IST

  The BSE Sensex recorded a substantial decline of over 450 points, while the NSE Nifty dipped below the 19,400 mark.

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  Indian economy to grow at 6.3% in FY24: World Bank

  October 03, 2023 15:01 IST

  The company achieved a coal production of 16.05 million metric tonnes (MMT) during H1 FY24, as compared to 8.76 MMT in H1 FY23 (April-September 2022).

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  World Bank maintains India's GDP growth forecast for 2023-24 at 6.3%

  October 03, 2023 12:59 IST

  The report attributes this resilience to robust domestic demand, substantial public infrastructure investments, and a strengthening financial sector.

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  Vedanta Ltd shares surge 5% following major business restructuring announcement

  October 03, 2023 12:26 IST

  The conglomerate led by mining magnate Anil Agarwal unveiled a substantial business restructuring plan on Friday. As part of this strategic move, Vedanta's flagship company has given the green light to spin off its metals, power, aluminum, and oil and gas businesses into separate listed entities.

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  Stock markets open in red as Sensex drops 317 points; Nifty at 19,537

  October 03, 2023 10:59 IST

  At the opening bell, the Sensex stood at 65,511, while the broader Nifty index was at 19,537. This downward trend in the stock market reflects cautious sentiment among investors.