Nifty hits fresh record high in early trade; Sensex climbs 290 points
Equity benchmark indices rallied in early trade on Monday, with the Nifty hitting its new all-time high and the Sensex climbing 290 points, helped by buying in IT stocks and fresh foreign fund inflows. A rally in global markets also added to the optimistic trend in equities. The 30-share BSE Sensex climbed...
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Govt should rope in PSU firms to ensure fermented organic manure off-take: IBA
15 July 2024 | PTI -
Govt proposes mandatory labelling for bulk pre-packaged commodities
15 July 2024 | PTI -
Indian AC industry likely to double in next four years, says Blue Star
15 July 2024 | PTI -
Govt may introduce insurance laws amendment Bill in Budget session
15 July 2024 | PTI -
India to see retail digital payments to double to USD 7 tn by 2030: Report
15 July 2024 | PTI -
Builders cut project completion time in top 7 cities: Anarock
15 July 2024 | PTI -
Govt will pay bond interest dues of MTNL, there will be no default: DoT sources
15 July 2024 | PTI
Continue 45-day MSME payment rule, industry body urges FM
Industry body SME Chamber of India has urged Finance Minister Nirmala Sitharaman to continue the 45-day MSME payment rule for corporates and other buyers. According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a larger company does not pay an MSME on time --...
Tier 1 cities dominate in blue-collar gig job opportunities: Report
With a rise in gig economy, tier-one cities led in short-term blue-collar employment opportunities, accounting for 67.1 per cent openings from June 2023 to June 2024, a report said on Saturday. These tier-I cities, which have a large concentration of gig working opportunities, saw 63.11 per cent job applications originating from...
Global trends to influence trading activity in markets in holiday-shortened week: Analysts
Quarterly earnings from several blue-chip firms, including Infosys and Reliance Industries, global trends, along with trading activity of foreign investors, would act as the major driving factors for equity markets’ movement in a holiday-shortened week ahead, analysts said. The domestic WPI inflation data for June -- scheduled to be announced on...
Macrotech Developers Q1 sale bookings up 20 per cent on strong housing demand
Macrotech Developers has posted a 20 per cent growth in sale bookings to Rs 4,030 crore for the first quarter of this fiscal year as housing demand continues to be strong. Sale bookings of Macrotech Developers, which markets its properties under Lodha brand, stood at Rs 3,350 crore in the year-ago...
GeM achieves significant milestones
Showcasing robust growth and impactful reforms in India’s e-procurement landscape, the Government e Marketplace (GeM) has achieved significant milestones at the end of the first quarter of FY 24-25 as it reported a Gross Merchandise Value (GMV) of Rs1,24,761 Lakh crore, marking an impressive 136 per cent quarter-on-quarter growth compared...
Govt mulls handing over MTNL operations to BSNL; merger unlikely
The government is considering the option of handing over operations of Mahanagar Telephone Nigam Ltd (MTNL) to BSNL through an agreement, instead of pursuing a merger route, a source privy to the development said. A final call on this is likely to be taken in a month’s time. The source said the...
Tomato prices may ease in coming weeks on supplies from Andhra, Karnataka
Retail tomato price, which soared to Rs 75 per kg in the national capital, is expected to cool in the coming weeks as supply improves from southern states, a government official said on Saturday. The official, who spoke on condition of anonymity, said prices of potato and onion, which also spiked...
