Indian manufacturers see softer increases in new business: PMI
India’s manufacturing sector growth moderated in August as output and sales rose at slowest rates since January, while competitive pressures and inflation concerns hampered business confidence, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) stood at 57.5 in August, below July’s reading of...
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Maruti Suzuki cuts prices of selected models of Alto K10, S-Presso
03 September 2024 | PTI -
Rupee falls seven paise against US dollar
03 September 2024 | PTI -
Single filing with exchange to be reality very soon says SEBI chief
03 September 2024 | PTI -
Sensex, Nifty hit all time high
03 September 2024 | PTI -
FICCI CASCADE underlines need for global cooperation to curb smuggling for sustainable growth
03 September 2024 | Pioneer News Service -
India needs to avoid financialization as it marches towards Viksit Bharat goal, says Nageswaran
02 September 2024 | PTI -
Sensex, Nifty hit fresh all-time high levels in early trade
02 September 2024 | PTI
Indian realty giants sell properties worth Rs 35,000 Crore
India's 21 major listed real estate developers have together sold properties worth nearly Rs 35,000 crore during the latest June quarter with Godrej Properties reporting highest sale bookings. Except few, all major listed real estate developers have shown annual growth in sale bookings in the April-June quarter driven by strong consumer...
Inbrief
Amrit Stations Works Progressing at Rapid Pace over N.F. Railway MALIGAON: Northeast Frontier Railway (NFR) is carrying out redevelopment works across 91 stations within its network under the prestigious Amrit Bharat Station Scheme (ABSS). This initiative as part of the Indian Railways’ broader vision to transform the passenger experience. Satpal Singh Sokhi...
V Satish Kumar takes over as IOC chairman
V Satish Kumar on Sunday took over as the chairman of the Indian Oil Corporation (IOC), the nation's largest oil firm. Kumar, who is director (marketing) at IOC, was given additional charge of chairman following delays in finding a full-time chairman. "He will concurrently serve as chairman while continuing in his role...
Commercial LPG gets hike, ATF price down
Jet fuel, or ATF, price was on Sunday reduced by 4.6 per cent while the rate of commercial LPG used in hotels and restaurants was hiked by Rs 39 per 19-kg cylinder in the monthly revision done in line with international oil price trends. Aviation turbine fuel (ATF) price was cut...
Govt to amend CPSE capital restructuring guidelines
The government is working to amend its 2016 guidelines with regard to dividend payment, bonus issues and share buyback by CPSEs, officials said. The finance ministry had in May 2016, issued a comprehensive guidelines on 'Capital Restructuring of Central Public Sector Enterprises (CPSEs)' in 2016 for efficient management of government investment...
Global factors, macroeconomic data, and FPI activity to shape market sentiments
Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement...
MCap of top firms surges by Rs 1.53 lakh crore
The combined market valuation of eight of the top-10 most valued firms surged Rs 1,53,019.32 crore last week, with Bharti Airtel and IT majors Infosys, Tata Consultancy Services emerging as the biggest gainers, in line with a record rally in equities. Last week, the BSE benchmark jumped 1,279.56 points or 1.57...
