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SEBI launches India
Business

SEBI launches India's 1st website for passive funds at NSE, unveils report on...

Mumbai, July 30: The Securities and Exchange Board of India (SEBI) on Tuesday launched India's first website for passive funds at the National Stock Exchange (NSE), along with unveiling a comprehensive report on the Indian Capital Markets. The website provides a comprehensive platform for retail...
Lok Sabha approves Rs 48.21 lakh crore Union Budget 2024-25
Business

Lok Sabha approves Rs 48.21 lakh crore Union Budget 2024-25

New Delhi, July 30: The Lok Sabha on Tuesday approved the Rs 48.21 lakh crore Union Budget for 2024-25 aimed at giving a major push to job creation with a focus on the country’s youth, empowering women and improving the incomes of farmers.The Union Budget and the Budget for J&K, which was also...
India key market for fastest-growing Nothing, will expand footprint: Co-founder Akis Evangelidis
Business

India key market for fastest-growing Nothing, will expand footprint: Co-founder...

New Delhi, July 31: India is a key growth market for us and this year has been about scaling up by expanding our smartphone portfolio, leveraging cutting-edge design and user experience innovations into different market segments, Akis Evangelidis, Co-founder of global technology brand Nothing, said...
India fastest-growing market, offers huge opportunity for us: Top Samsung executive
Business

India fastest-growing market, offers huge opportunity for us: Top Samsung...

New Delhi, July 30: Signalling the growing importance of India for the South Korean giant, Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division at Samsung Electronics, said on Tuesday that the country is one of the biggest and fastest-growing markets globally and...
Sensex trades flat on mixed global cues
Business

Sensex trades flat on mixed global cues

Mumbai, July 30: Indian equity indices opened flat on Tuesday following mixed global cues. At 9.38 a.m., Sensex was at 81,409, up 53 points. Nifty was up 24 points or 24,860. The market trend remained positive. On the National Stock Exchange (NSE), 1,488 shares remained in the green and 538 shares...
Iron ore production doubles, limestone output jumps 37 per cent after mining sector reforms: Govt
Business

Iron ore production doubles, limestone output jumps 37 per cent after mining...

New Delhi, July 29: The mining sector reforms introduced by the Centre have turned out to be "instrumental" in augmenting the production of key minerals in the country, Union Minister of Coal and Mines G. Kishan Reddy told the Parliament on Monday. The production of iron ore has doubled from 129...
Business

'Excited for future collaborations': Gautam Adani after meeting FedEx CEO

New Delhi, July 29: Gautam Adani, Chairman of the Adani Group, on Monday had an "insightful meeting" with FedEx CEO Rajesh Subramaniam, adding that he is "excited" about future collaborations with the global logistics company.In a post on X, Gautam Adani appreciated Subramaniam for visiting Mundra...
US national debt surpasses $35 trillion for first time
Business

US national debt surpasses $35 trillion for first time

Washington, July 30: The US federal government's total public debt has surpassed $35 trillion for the first time, again sparking concerns about the nation's escalating debt problem and its implications for the US economy. The total public debt outstanding climbed to $ 35 trillion on Friday,...
Sensex opens at all-time high, Nifty trades above 24,900
Business

Sensex opens at all-time high, Nifty trades above 24,900

Mumbai, July 29: Indian equity indices opened at an all-time high on Monday following positive sentiment in the global peers. At the start of the trading session, Sensex and Nifty made a new all-time high of 81,749 and 24,980. At 9:37 a.m., Sensex was at 81,679, up 347 points or 0.43 per cent, and...
UltraTech Cement acquires majority stake in India Cements at high premium
Business

UltraTech Cement acquires majority stake in India Cements at high premium

Mumbai, July 28: UltraTech Cement on Sunday announced it will acquire a majority stake in India Cements, the country's largest cement maker, at a steep premium of $120.76 per tonne. The Board of Directors of UltraTech approved the purchase of a 32.72 per cent equity stake of the promoters and their...
Tax clearance certificate only for high-value defaulters to fly abroad: Centre
Business

Tax clearance certificate only for high-value defaulters to fly abroad: Centre

New Delhi, July 28: The Centre on Sunday clarified that it is not mandatory for every citizen to get a tax clearance certificate to fly abroad. After some social media posts claimed that such a certificate is now required to go abroad, the Finance Ministry clarified it is only for those accused of...
Vietnam posts trade surplus of $14.08 bn in 7 months
Business

Vietnam posts trade surplus of $14.08 bn in 7 months

Hanoi, July 29: Vietnam saw a trade surplus of $14.08 billion in the first seven months of this year, the General Statistics Office said on Monday. The office reported that during the cited period, total import-export turnover of goods hit $439.88 billion, up 17.1 per cent year-on-year, with exports...
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