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Business

India's GDP likely to grow at 18.5% in April-June quarter this fiscal: SBI...

Mumbai, Aug 24: The country's gross domestic product (GDP) is expected to grow at around 18.5 per cent with an upward bias in the first quarter of the current financial year, according to SBI research report Ecowrap. This estimate is lower than the Reserve Bank of India's GDP growth...
OMCs finally cut petrol price by 15-20 paise after 35 days
Business

OMCs finally cut petrol price by 15-20 paise after 35 days

New Delhi, Aug 22: The oil marketing companies (OMC) reduced petrol prices across the key metros on Sunday after keeping them unchanged for 35 days. In Delhi, petrol price was cut to Rs 101.64 per litre from Rs 101.84 a litre. Similarly, in Mumbai and Kolkata, the fuel was sold for Rs 107.66 and...
Taliban takeover in Afghanistan worries dry fruit traders in India
Business

Taliban takeover in Afghanistan worries dry fruit traders in India

New Delhi, Aug 17: The Taliban takeover in Afghanistan has adversely impacted the import-export trade in India -- the largest beneficiary of Afghanistan's exports -- a development that has left traders, especially those importing dry fruits, worried.Afghan exports to India include dried raisins,...
More women from small-town India signup for digital coins: Report
Business

More women from small-town India signup for digital coins: Report

New Delhi, Aug 11: Cryptocurrency exchange WazirX on Wednesday said it has witnessed a massive 2,648 per cent growth in user signups from tier 2 and 3 cities in the country, observing higher participation from women from smaller towns compared to their urban counterparts. Tier 2 and 3 cities have...
Sensex rises over 100 points in early trade, Nifty above 16,300
Business

Sensex rises over 100 points in early trade, Nifty above 16,300

Mumbai, Aug 11: Equity benchmark Sensex jumped over 100 points in early trade on Wednesday, tracking gains in index majors HDFC Bank, Tata Steel and Axis Bank, amid a largely positive trend in global markets. The 30-share index was trading 149.24 points or 0.27 per cent higher at 54,703.90, while...
Sensex gains over 200 points, banking stocks rise
Business

Sensex gains over 200 points, banking stocks rise

Mumbai, Aug 9: The key Indian equity indices traded on a positive note on Monday morning with the BSE Sensex rising over 200 points. Healthy buying was witnessed in banking and finance stocks. Around 10.15 a.m., Sensex was trading at 54,491.21, higher by 213.49 points or 0.39 per cent from its...
RBI retains real GDP growth projection at 9.5 pc for 2021-22
Business

RBI retains real GDP growth projection at 9.5 pc for 2021-22

Mumbai, Aug 6: The Reserve Bank on Friday retained the real GDP growth projection at 9.5 per cent for 2021-22 as domestic economic activity has started normalising with the ebbing of the second wave of the virus and the phased reopening of the economy. In the June monetary policy, the RBI had...
Markets maintain record run on earnings boost; Sensex scales 54k for 1st time
Business

Markets maintain record run on earnings boost; Sensex scales 54k for 1st time

Mumbai, Aug 4: Equity benchmarks clambered up to fresh lifetime highs on Wednesday, with the Sensex surging past the 54,000-mark for the first time, as stellar earnings whetted risk appetite amid supportive global cues. Banking and finance stocks saw hectic buying after largest lender SBI...
BhotJolokia- Naga Chillies exported to London from Guwahati Airport
Guwahati

BhotJolokia- Naga Chillies exported to London from Guwahati Airport

Guwahati, July 28: The famous 'BhotJolokia' Nagaland's chilli was exported for the first time from the Gateway of North East Region- Guwahati to London via Air India Flight today from the International Cargo complex of AIi's LGBI Airport, Guwahati.The flagging off ceremony was done by the Chief...
Markets trade in green; healthy response to Zomatos debut
Business

Markets trade in green; healthy response to Zomato's debut

Mumbai, July 23: India's key equity indices made marginal gains during the per-noon trade session on Thursday following supportive global cues. Besides, expectations of healthy quarterly results and encouraging response to Zomato's debut pushed the market higher. Around 11.25 a.m., Sensex was...
Sensex drops over 100 points in early trade; Nifty slips below 15,800
Business

Sensex drops over 100 points in early trade; Nifty slips below 15,800

Mumbai, July 23: Equity benchmark Sensex tumbled over 100 points in early trade on Friday, tracking losses in index majors HDFC Bank, ICICI Bank and L&T amid sustained foreign fund outflow. After opening over 150 points higher, the 30-share BSE index pared all gains to trade 141.67 points or...
Sensex rallies 639 points; Nifty tops 15,800
Business

Sensex rallies 639 points; Nifty tops 15,800

Mumbai, July 22: Equity benchmark Sensex rallied 639 points on Thursday, propelled by index majors Infosys, ICICI Bank and Reliance Industries amid a positive trend in global markets.The 30-share BSE index ended 638.70 points or 1.22 per cent higher at 52,837.21, while the broader NSE Nifty surged...
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