Mumbai (IANS) GIFT Nifty recorded all-time high monthly turnover of $100.13 billion in August, setting a new benchmark to the growth story of Indian equity market. The feat surpasses its previous record of $97.8 billion set in June. “This milestone … read more
Mumbai (IANS) Tata Motors on Sunday reported 8 per cent drop in total domestic sales at 70,006 units in the month of August, as against 76,261 units in the year-ago period. Domestic sales of commercial vehicles — including trucks and … read more
Mumbai (IANS) The Indian equity market closed at an all-time high before the release of the GDP numbers at 5:30 P.M. on Friday. At closing, the Sensex was at 82,365, up 231 points or 0.28 per cent and Nifty was … read more
Mumbai (IANS) Indian equity indices closed at an all-time high on Thursday following a strong rally in the auto and IT stocks. During the trading hours, both Sensex and Nifty reached new all-time highs of 82,285 and 25,192 respectively. At … read more
New Delhi (IANS) The week gone by had plenty of action and markets built on the super booster dose of August 16, when it registered super gains of over 1,300 points on BSE Sensex and 400 points on Nifty. This … read more
Mumbai (IANS) The trend of foreign institutional investors (FIIs) buying stocks through the primary market and others’ category and selling through the exchange continued this week. Market experts said on Saturday that India still stands at a sweet spot compelling … read more
New Delhi (IANS) India’s engineering goods exports went up 3.66 per cent in July, as shipments to countries such as the US, the UAE, Saudi Arabia and Singapore recorded positive growth, the Engineering Export Promotion Council (EEPC) of India data … read more
New Delhi (IANS) Inflationary pressures in the Indian economy eased in July and food inflation is expected to come down further with this year’s better monsoon leading to higher agricultural production, according to the Finance Ministry’s monthly review released on … read more
Mumbai (IANS) In India, aggregate demand conditions are gathering momentum with a revival in rural consumption on the back of growing incomes and this stimulus to demand is expected to reinvigorate the hitherto subdued participation of the private sector in … read more
Mumbai (IANS) The Reserve Bank of India (RBI) on Friday issued a new master direction on Friday to tighten rules for NBFCs on their peer-to-peer lending platforms. The RBI said it has been observed that some of these platforms have … read more