Mumbai (IANS) The BSE 30-stock benchmark Sensex hit a lifetime high, surging past the 70,000 mark in morning trade on Monday but then lost ground to settle at 69,928.53 at close, after the USFDA released an adverse report on Dr. … read more
Mumbai (IANS) Markets are on cloud 9 and all it took was the ruling party at the Centre to win the three state elections in the Hindi heartland. Rajasthan, Chhattisgarh and Madhya Pradesh were the three states and of them … read more
Chennai (IANS) The Indian non-life insurance industry, including standalone health and specialised insurers, closed November 2023 with 7.37 per cent premium growth over the corresponding period last year. According to the flash figures issued by the industry lobby body General … read more
New Delhi (IANS) Paytm, India’s leading mobile payments and financial services distribution company, on Wednesday said it will expand its credit distribution business in partnership with large banks and NBFCs by offering higher ticket personal and merchant loans to lower … read more
Chennai (IANS) Railway wagon and passenger coach major Jupiter Wagons Ltd on Tuesday said it has completed raising Rs 403 crore from qualified institutional placement (QIP). According to the company, the funds raised will be used for setting up a … read more
New Delhi (IANS) India’s energy requirement is set to double just by the end of this decade, Reliance Industries Chairman Mukesh Ambani said on Saturday. Speaking at the 11th convocation of Pandit Deendayal Energy University (PDEU), Ambani, who is also … read more
Mumbai (IANS) The total value of Rs 2,000 banknotes in circulation, has declined to Rs 9,760 crore at the close of business on November 30, 2023, the Reserve Bank of India (RBI) announced on Friday. Thus, 97.26 per cent of … read more
New Delhi (IANS) Gautam Adani is back in the list of top 20 richest people in the world following a rally in Adani Group stocks. As per the Bloomberg Billionaires Index, Adani is now the 19th richest person in the … read more
New Delhi (IANS) ICRA expects the credit metrics of India Inc. to show slight sequential improvement in October-December quarter 2023-2024, with the interest coverage ratio increasing to 4.5-5.0 times in Q3 FY2024 from 4.5 times in Q2 FY2024. The interest … read more
New Delhi (IANS) India is the third-largest market in terms of cash market volumes and the largest market for equity derivatives. Surge in investor participation and sachetization of equity derivatives has lifted derivatives volumes to 20-30x that of developed markets, … read more