harshvirani 
Oil prices edged lower in early Asian trading hours on Tuesday as traders booked profits after prices rallied to their highest in over a month on Monday amid fears that the Middle East could be on the brink of a region-wide war. Fighting in the Middle East intensified after Iran-backed Hezbollah fired rockets at Israel's … Read more
The dollar clung to seven-week highs against major currencies on Tuesday as investors ponder the outlook for U.S. rates after a strong jobs report last week dashed bets for large rate cuts, while escalating tensions in Middle East dented risk sentiment. Traders have drastically shifted their monetary easing expectations from the Federal Reserve this year. … Read more
Mainland Chinese stocks returned from an extended break with a roaring start on Tuesday, scaling multi-year highs as investor exuberance over Beijing's aggressive stimulus measures showed no signs of easing. The optimism though failed to spill over into other share markets in Asia, particularly Hong Kong, which reversed some of the rally it enjoyed while … Read more
Indian shares are set to open flat on Tuesday, as caution prevails amid a wider Middle East conflict, while investors may remain on the sidelines ahead of local quarterly earnings and a rate decision by the Reserve Bank of India. The GIFT Nifty was trading at 25,864 points, as of 8:00 a.m. IST, indicating that … Read more
Driven by robust rural demand, Indian e-commerce market is expected to reach $325 billion in 2030, with a strong 21 per cent compound annual growth rate (CAGR), a report said on Monday. The retail sector, which is valued at $753 billion in FY23, is projected to post a 9.1 per cent CAGR until FY27, the … Read more
The growth in the fast-moving consumer goods (FMCG) sector — buoyed by rural demand recovery, easing inflation and favourable monsoon conditions — will be key to shaping a strong and sustainable economy towards Viksit Bharat, Food Processing Industries Minister Chirag Paswan said on Monday. Addressing a FICCI event in the national capital, the Minister emphasised … Read more
The FIIs as per Monday's data were net sellers in equity segments, while net buyers in debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 14961.82 crore against gross selling of Rs 24606.92 crore. Thus, FIIs stood as net sellers of Rs 9645.10 crore in equities. … Read more
Avenue Supermarts is currently trading at Rs. 4785.00, down by 155.20 points or 3.14% from its previous closing of Rs. 4940.20 on the BSE. The scrip opened at Rs. 4880.00 and has touched a high and low of Rs. 4880.00 and Rs. 4701.90 respectively. So far 23475 shares were traded on the counter. The BSE … Read more
There are more than 1,100 active incubators nurturing startups in the Indian ecosystem, according to a new report on Friday. The joint research report, ‘India Incubator Kaleidoscope 2024’ was released by NSRCEL, the startup incubator at IIM Bangalore, and the Centre for Research on Start-ups and Risk Financing (CREST) IIT Madras in Bengaluru. It showed … Read more
The government is committed to making the defence industry export-oriented with India as a global manufacturing hub, Defence Minister Rajnath Singh said on Friday, as annual defence production touched a record high of Rs 1.27 lakh crore in FY 2023-24. Addressing the annual session of the Society of Indian Defence Manufacturers (SIDM) here, Minister … Read more