Sensex at new peak at 73,057.40 pts
Mumbai: Extending rally for the sixth straight session on Tuesday the Sensex breached 73K level to finish at 73,057.40 surging 349.24 pts on the strength of Bankex, Realty and Power stocks despite weak global cues. The National Stock Exchange (NSE) rose 74.70 pts at 22,196.95. The NSE registered days high and low at 22,215.60 and […]
Sensex down over 600 points
Mumbai: The BSE Sensex tanked 608.37 points at 70,946.88 in the opening session as selling was seen across the board. The National Stock Exchange (NSE) was down 156 points to 21,587.25. The Sensex registered intraday highs and lows at 71,038.92 and 70,809.44 points, respectively. The Nifty registered intraday highs and lows at 21,600.65 and 21,530.20 […]
Tata Motors ties up with UN-backed Lead IT initiative
Mumbai: Auto major Tata Motor said it has partnered with the Leadership Group for Industry Transition (LeadIT), a global alliance launched by the governments of Sweden and India at the UN Climate Action Summit in September 2019. As a member of LeadIT, Tata Motors will be able to harness the power of global best practices, […]
Sensex down over 200 points
Mumbai: The BSE Sensex on Monday slipped 271.27 points to 71’324.22 in the opening session as selling was seen in oil and gas, utilities, power, and energy. The National Stock Exchange (NSE) fell 82.58 points to 21,699.55. The Sensex registered intraday highs and lows at 71,756.58 and 71,139.11 points respectively. The Nifty registered intraday highs […]
Global financial crisis in 2008 wasn’t as serious as COVID-19, UPA govt should have handled with sincerity: FM Sitharaman
New Delhi: Stressing that the global financial crisis in 2008 wasn’t as serious as the COVID-19 pandemic, Union Finance Minister Nirmala Sitharaman on Friday said that the then Congress-led UPA government should have handled it with sincerity and transparency. The White Paper compares the alleged economic management during 10 years of the Congress-led UPA government […]
LIC reports 49 pc rise in Q3 profit at Rs 9,444 crore
New Delhi: State-run Life Insurance Corporation (LIC) on Thursday reported 49% year-on-year rise in standalone net profit at Rs 9,444.41 crore for October-December quarter (Q3) of current financial year 2023-24. The insurer had posted a profit of Rs 6,334.19 crore in Q3 of the previous financial year 2022-23. LIC’s net premium income stood at Rs […]
RBI keeps repo rate unchanged at 6.5 pc, pegs FY25 GDP growth at 7 pc
Mumbai: As widely expected by markets and policy-watchers, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) on Thursday decided to keep the policy repo rate unchanged at 6.50 per cent. “After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the Monetary Policy Committee (MPC) decided by a 5 […]
Rupee falls 11 paise against USD
Mumbai: The Rupee on Monday slipped 11 paise to 83.03 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said. The domestic unit was seen as weak owing to a strong dollar against other world currencies, despite a strong opening in the equity market. […]
Hyundai registers highest ever monthly domestic sales of 57,115 units in Jan 2024
Chennai: Passenger car makers Hyundai Motor India Ltd. on Thursday announced a thrilling start to the year 2024, posting robust total sales of 67,615 units in January 2024. The company registered highest ever domestic monthly sales with 57,115 units, achieving a 14% growth over last year and thus setting the stage for an exciting and […]
RBI imposes curbs on Paytm Payment Bank, bars from accepting deposits
New Delhi: Acting against non-compliance of banking rules, the Reserve Bank of India (RBI) on Wednesday barred Paytm Payments bank from accepting deposits or credit transactions or top-ups in any customer accounts or any prepaid instruments such as wallets and FASTags after February 29, 2024. The central bank had in March 2022 directed Paytm Payments […]