Markets settle almost flat
Stock market benchmark indices Sensex and Nifty ended on a flat note after a volatile session on Tuesday due to the emergence of profit-taking near record high levels amid rising geopolitical tensions in the Middle East and Ukraine. The NSE gauge, however, hit a new lifetime peak of 25,017. According to traders,...
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Facing 'small delay' in finalising site for new 10-lakh units plant: MarutiSuzuki Chairman
27 August 2024 | PTI -
Markets give up early gains amid weak global trends
27 August 2024 | PTI -
India adds record 15 GW solar capacity in Jan-June: Report
27 August 2024 | PTI -
Sebi issues notice to Paytm on ESOPs given to CEO Sharma; firm says disclosure already made
27 August 2024 | PTI -
India offers huge opportunity, economic trajectory fantastic: Infosys CEO
27 August 2024 | PTI -
GST taxpayers without valid bank a/c to be barred from filing GSTR-1 from September 1
27 August 2024 | PTI -
Over 23 lakh Govt employees under NPS get option to choose unified pension scheme
27 August 2024 | PTI
Finance Minister-led inter-ministerial panel meets Singapore president, discusses boosting ties
Inter-ministerial delegation led by Finance Minister Nirmala Sitharaman on Monday met Singapore President Tharman Shanmugaratnam and discussed boosting partnership between the two countries. Both sides discussed boosting the India-Singapore Strategic Partnership by focusing on key areas like digitalisation, green initiatives and skill development. “FM Smt. @nsitharaman appreciated President Mr. @Tharman_S for being...
Rupee settles on flat note, closes 1 paisa higher at 83.89 against US dollar
The rupee pared its initial gains and settled for the day on a flat note, rising just 1 paisa to 83.89 (provisional) against the American currency on Monday, weighed down by a surge in crude oil prices. Forex traders said the Indian rupee gained in morning trade on rise in domestic...
Alembic Pharma gets USFDA nod for generic drug
Alembic Pharmaceuticals on Monday said it has received approval from the US health regulator to market a generic medication used to treat moderate-to-severe psoriasis of the scalp. The company has received final approval from the US Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Betamethasone Valerate...
RBI constantly working on policies, platforms to make India’s financial system strong: Guv Das
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country’s financial sector strong, nimble and customer centric. Addressing the RBI@90 Global Conference on ‘Digital Public Infrastructure and Emerging Technologies’, Das recalled various initiatives being taken by the RBI...
Sensex rallies 600 points
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon. Renewed Foreign fund inflows and buying in frontline stocks HDFC Bank and Reliance...
PhonePe Group posts Rs 197 cr profit for FY24
Walmart-backed PhonePe Group on Monday reported a consolidated net profit, excluding ESOP costs, of Rs 197 crore for fiscal year 2023-24. It had incurred a loss of Rs 738 crore in the previous fiscal, according to a company statement. Revenue in FY24 was Rs 5,064 crore, 73.7 per cent higher than Rs...
RBI constantly working on policies, platforms to make India's financial system strong: Guv Das
Reserve Bank Governor Shaktikanta Das on Monday said the central bank is constantly working on policies, systems, and platforms to make the country's financial sector strong, nimble and customer centric. Addressing the RBI@90 Global Conference on 'Digital Public Infrastructure and Emerging Technologies', Das recalled various initiatives being taken by the RBI...
