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Business
Sensex, Nifty trade flat amid weak global trends
7 July 2023 10:41 AM IST
Mumbai, Jul 7: Benchmark stock indices Sensex and Nifty traded flat in early trade on Friday due to profit-taking in financials and IT shares amid weak global cues. The 30-share BSE Sensex opened lower and fell further by 294 points to hit a low of 65,785.64 in early trade. The BSE barometer...
Business
GST Council to discuss industry demand of full CGST, 50 pc IGST refund in 11...
6 July 2023 12:06 PM IST
New Delhi, Jul 6: The GST Council is likely to discuss a demand of industrial units located in 11 Himalayan and North Eastern states for reimbursement of full Central GST and 50 per cent of net Integrated GST paid, sources said. Currently, Centre reimburses 58 per cent of net CGST and 29 per...
Business
Sensex, Nifty at record high in early trade
4 July 2023 11:16 AM IST
Mumbai, Jul 4: Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC...
Business
RBI says 76 pc of Rs 2,000 notes returned to banks
3 July 2023 4:50 PM IST
Mumbai, Jul 3: As much as 76 per cent of the Rs 2,000 notes in circulation have been returned to banks, mostly through deposits, the Reserve Bank of India said on Monday. On May 19, RBI announced withdrawal of Rs 2,000 notes in circulation and gave public time till September 30 to either deposit...
Business
Take a Leap Towards Your Financial Goals: Get a Personal Loan with Ease
3 July 2023 2:05 PM IST
Financial support can be beneficial when you are in debt, remodelling your house, or paying unexpected bills. This is where Personal Loans come across as a practical and convenient way to bridge the gap between your current monetary needs and future goals. It is an unsecured loan that gives you a...
Business
Sensex, Nifty touch all-time high levels in early trade
28 Jun 2023 10:34 AM IST
Mumbai, Jun 28: Benchmark equity indices Sensex and Nifty hit their record high levels in early trade on Wednesday amid a rally in the US markets and fresh foreign fund inflows. Buying in market heavyweight stocks like Reliance Industries and HDFC Bank also added to the positive momentum. ...
Business
Sensex, Nifty settle on a mixed note in volatile trade
26 Jun 2023 4:29 PM IST
Mumbai, Jun 26: Benchmark equity indices Sensex and Nifty closed on a mixed note in a volatile trade on Monday amid weak trends in the global markets. Selling in index heavyweight Reliance Industries and Tata Consultancy Services also played a spoilsport. In a lacklustre trading, the 30-share...
National
IndiGo places order of 500 Airbus A320 aircraft; purchase agreement signed at...
20 Jun 2023 4:41 PM IST
New Delhi, June 20: IndiGo Airlines has made a ground-breaking announcement regarding the placing of an order for a staggering 500 Airbus A320 family aircraft, scheduled to be delivered between 2030 and 2035.The purchase agreement was finalised at the Paris Air Show 2023, with representatives from...
Business
Market benchmarks fall in early trade after two days of rally
14 Jun 2023 10:38 AM IST
Mumbai, Jun 14: Benchmark equity indices fell in early trade on Wednesday after two days of rally as investors preferred to stay on the sidelines ahead of the announcement of the US Fed interest rate decision later in the day. The 30-share BSE Sensex declined 75.11 points to 63,068.05. The NSE...
Business
RBI marginally lowers FY'24 inflation projection to 5.1 pc
8 Jun 2023 11:44 AM IST
Mumbai, Jun 8: The Reserve Bank of India on Thursday marginally lowered its inflation projection for the current financial year to 5.1 per cent, as Governor Shaktikanta Das said the central bank's monetary policy actions are yielding the desired results. In April, the Reserve Bank had estimated...
Business
India's economy likely to grow in 6.5-6.7 pc range in FY'24: CII President R...
1 Jun 2023 3:02 PM IST
New Delhi, Jun 1: Industry body CII on Thursday said India's economy is expected to grow in the range of 6.5-6.7 per cent in the current financial year supported by strong domestic drivers and robust capex momentum of the government. India's Gross Domestic Product (GDP) grew by 6.1 per cent in...
Business
RBI may reduce policy rate in fourth quarter of 2024: Oxford Economics
29 May 2023 3:14 PM IST
New Delhi, May 29: Global forecasting firm Oxford Economics on Monday said the RBI may cut key benchmark policy rate in the fourth quarter of the current calendar year as a mix of factors will allow the central bank to shift focus and adopt a more accommodative policy stance sooner. It further...
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