Adani Group stocks end higher for third straight day
Mumbai, June 7 - Adani Group's stocks ended with robust gains on Friday, rising for the third consecutive day.
Investors gain Rs 28 lakh crore in just 3 trading sessions as PM Modi set to begin 3rd term
Mumbai, June 7 - As Prime Minister Narendra Modi was elected as leader of the NDA Parliamentary party amid the RBI’s monetary policy announcements, the Indian indices on Friday recovered from losses it suffered before the election results, giving investors Rs 28 lakh
Adani Ports gets 5-year contract to run container terminal at Kolkata port
Ahmedabad, June 7 - Adani Ports and Special Economic Zone Limited (APSEZ) said on Friday that it has received the letter of intent (LoI) for the operation and maintenance of the container facility at the Netaji Subhas Dock at the Syama Prasad Mookerjee
Industry hails RBI’s goal to become model central bank for Global South
New Delhi, June 7 - Industry experts on Friday hailed the status quo stance of the monetary policy, expecting the inflation trajectory to stabilise within the target band of the Reserve Bank of India (RBI), welcoming its goal to become a model central
RBI Governor warns banks, NBFCs over slapping extra fees on customers
Mumbai, June 7 - RBI Governor Shaktikanta Das on Friday sent a clear message to banks and NBFCs against charging extra fees and high interest rates on loans to customers.
Stock markets zoom over RBI’s GDP forecast, Sensex up over 1 pc
Mumbai, June 7 - The India stock market extended morning gains after the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) raised India's real GDP forecast to 7.2 per cent for FY25 from earlier 7 per cent.
RBI easing FEMA guidelines to facilitate overseas trade
Mumbai, June 7 - Reserve Bank of India (RBI) has decided to rationalise existing guidelines on the export and import of goods and services in line with the changing dynamics of cross-border trade transactions globally.
RBI bringing in Auto-Replenishment facility for Fastag, NCMC & UPI Lite Wallet
Mumbai, June 7 - The Reserve Bank of India (RBI) has decided to include payments, such as replenishment of balances in Fastag, National Common Mobility Card (NCMC), etc. which are recurring in nature but without any fixed periodicity, in the e-mandate framework.
RBI hikes limit of bulk deposits for banks, FD investors to gain
Mumbai, June 7 - The Reserve Bank of India (RBI) has decided to revise the definition of bulk deposits as ‘Single Rupee term deposits of Rs 3 crore and above’ for scheduled commercial banks and small finance banks, central bank Governor Shaktikanta Das
RBI raises GDP growth forecast for 2024-25 to 7.2 pc, sees CPI inflation at 4.5 pc
Mumbai, June 7 - The RBI has raised India’s GDP growth forecast from 7 per cent to 7.2 per cent for the current financial year (2024-25), as it expects the economy to continue on a high growth trajectory.
10 Indian companies selected in top 100 list by Indo-Pacific Clean Economy Investor Forum
Singapore, June 6 - As many as 10 Indian companies including start-ups figure among the top 100 climate tech firms selected by the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum, the Commerce and Industry Ministry said on Thursday.
Railways rushes more coal to power plants to meet peak summer demand
New Delhi, June 6 - Indian Railways transported 9.3 per cent more coal in May this year compared to the same month last year to help the country’s power plants meet the peak demand for electricity in the scorching summer from power plants,
Global investment in clean energy at $2 trillion is twice that of fossil fuels in 2024: IEA
New Delhi, June 6 - Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for clean technologies, according to a new
Nvidia hits $3 trillion market cap, surpasses Apple on AI boom
New Delhi, June 6 - Al chipmaker Nvidia has surpassed technology giant Apple to become the world's second most valuable company, just behind Microsoft.
RBI likely to leave interest rates unchanged
Mumbai, June 6 - The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keeping inflation in check.
Sensex trades higher on positive global cues
Mumbai, June 6 - Indian frontline indices opened in green on Thursday following positive global cues.
BHEL bags Rs 3,500 crore order from Adani Power for Raipur TPP project
New Delhi, June 5 - The Bharat Heavy Electricals Ltd (BHEL) said on Wednesday that it has secured a Rs 3,500 crore order from Adani Power Limited for setting up a 1,600 MW thermal power plant (TPP) at Raipur, Chhattisgarh.
Investors gain Rs 12 lakh crore as stock markets shrug off poll jitters
Mumbai, June 5 - The Indian indices shrugged off election jitters and massively rebounded in a sharp rally on Wednesday, as the BJP-led National Democratic Alliance (NDA) prepared to stake fresh claims for government formation.
What next for investors as stock markets remain volatile
New Delhi, June 5 - Investors are concerned about the stock markets due to the unexpected outcome of the Lok Sabha results which caused a steep fall in the Indian equity benchmarks on June 4.
Fruit production rise, vegetables decline in 2023-24
New Delhi, June 4 - The Agriculture Ministry’s second advance estimates of 2023-24 for the area and production of horticultural crops in the country released on Tuesday reflect an increase in the output of fruits while a decline is seen in the production