Govt fine-tuning new strategy on free trade pacts
New Delhi, May 28 - Ministry of Commerce and Industry has chalked out a new strategy for negotiations in Free Trade Agreements (FTAs) which will lay greater emphasis on economic assessment and modelling of FTAs, services and digital trade in FTAs, and leverage
Income Tax Dept issues alert on PAN-Aadhaar link deadline
New Delhi, May 28 - The Income Tax Department on Tuesday urged taxpayers who have still not linked their PAN with Aadhaar to do so before the May 31 deadline or else they will end up paying a higher tax.
Sensex sheds 220 points amid profit booking; midcap, smallcap stocks hit
Mumbai, May 28 - Indian equity benchmarks closed in the red on Tuesday as investors took to profit booking before the Lok Sabha election results to be announced next week.
Sensex, Nifty trade flat; Pharma stocks shine
Mumbai, May 28 - Indian equity benchmarks opened flat on Tuesday following sideways momentum in the market due to elections.
Govt bonds worth Rs 29,000 crore coming up for auction on May 31
New Delhi, May 27 - The Finance Ministry on Monday announced the sale of government bonds worth Rs 29,000 crore in three lots through auctions to be conducted by the Reserve Bank of India in Mumbai on May 31.
LIC Q4 net profit at Rs 13,763 crore, declares dividend of Rs 6 per share
New Delhi May 27 - Life Insurance Corporation of India (LIC) on Monday reported a 2.5 per cent increase in net profit at Rs 13,763 crore for the January-March quarter of the financial year 2023-24 compared to the corresponding figure of Rs 13,421
Goldman Sachs ups India’s GDP growth forecast
New Delhi, May 27 - Leading global financial firm Goldman Sachs has revised its forecast for India’s GDP growth by 10 basis points to 6.7 per cent as it expects the government’s heavy investments in big-ticket infrastructure projects to continue with the huge
Indian Oil hands over Green Hydrogen Fuel Cell Bus to army for use in Delhi-NCR
New Delhi, May 27 - Indian Oil on Monday handed over a state-of-the-art green hydrogen fuel cell bus to the Indian Army as part of the public sector oil giant’s objective to promote sustainable, eco-friendly transportation.
Sensex closes flat after touching 76,000 for first time
Mumbai, May 27 - India equity benchmarks closed flat on Monday following sideways sentiment in the Market.
ITC’s Hotel Group expands in Rajasthan with ‘Mementos Jaipur’
New Delhi, May 27 - ITC’s Hotel Group announced the opening of Mementos by ITC Hotels, Jaipur, its second Mementos property in India, after Mementos Udaipur.
NSE to launch one paisa ticket size for stocks below Rs 250 from June 10
Mumbai, May 27 - The National Stock Exchange is set to launch a new one paisa ticket for stocks below the trading price of Rs 250 per share, according to the NSE circular.
Divi’s Labs Q4 net profit jumps over 67 pc, declares dividend of Rs 30 per share
Mumbai, May 25 - Pharma major Divi’s Laboratories Ltd on Saturday reported a 67.6 per cent jump in its consolidated net profit to Rs 538 crore for the Jan-March quarter of 203-24 compared to the corresponding figure of Rs 321 crore in the
Markets hit all-time high amid strong FII comeback
Mumbai, May 25 - Indian equity benchmarks closed at an all-time high this week as Nifty touched the 23,000 points milestone amid a strong comeback from foreign institutional investors (FII).
India’s growth momentum to continue in April-March quarter of 2024-25: FinMin report
New Delhi, May 25 - The Indian economy closed the financial year 2023-24 strongly despite strong external headwinds, and early indications suggest that the growth momentum will continue during the current April-June quarter of 2024-25, according to a Finance Ministry report released on
Adani Ports to join Sensex from June 24 after BSE rejig
Mumbai, May 24 - Adani Ports and Special Economic Zone (SEZ) will be included in the S&P BSE Sensex from June 24.
Sensex, Nifty close flat after touching all-time high
Mumbai, May 24 - The BSE Sensex and Nifty on Friday ended flat with marginal decline. At closing, Sensex settled at 75,410, down seven points and Nifty at 22,957 points, down nearly 10 points.
Investors shrug off toolkit against Adani Group, key portfolio firms’ stock continue to rise
Mumbai, May 24 - The key portfolio companies of the Adani Group on Friday continued their sharp rally, with the flagship Adani Enterprises Ltd (AEL) regaining losses of more than $30 billion that accrued after the short-seller firm Hindenburg's report.
Centre’s wheat procurement in full swing, surpasses last year’s mark
New Delhi, May 24 - The Central government’s procurement of wheat during the current Rabi marketing season in various states has already crossed 262.48 lakh metric tonnes, surpassing last year’s total procurement of 262.02 lakh metric tonnes, the Food Ministry said on Friday.
Sensex flat amid negative global cues
Mumbai, May 24 - Indian equity benchmarks were trading flats on Friday, following negative global cues.
Air India announces first salary hike post Tata takeover
New Delhi, May 23 - For the first time after its takeover by the Tata Group in 2022, Air India on Thursday announced a salary hike for its staff who joined the airline before December 31, 2023.