The Indian benchmark indices closed in green on Monday with a strong start for the week, as buying was seen in realty, banking, and IT stocks. The BSE Sensex closed at 81,973.05, rising 591.69 points or 0.73 per cent. NSE Nifty closed at 25,127.95 after rising 163.70 points or 0.66 per cent. The Nifty Midcap … Read more
Pluckk, a first-of-its-kind digital lifestyle-oriented fresh food brand in the Fruits and Vegetables (F&V) space, has announced its strategic partnership with Spencer’s Retail. This collaboration will see Spencer’s Retail exclusively offering Pluckk's premium produce across its Fresh Section in stores across Lucknow, Varanasi and Gorakhpur. Pluckk's offerings include ozone-washed fruits and vegetables sourced directly from … Read more
As India aspires to achieve its climate action goals by transitioning towards a green future, companies are also aligning with the government’s vision to build sustainable solutions and products, industry experts said on Monday. From green data centres to electronics and non-fossil energy solutions, the government has doubled down on meeting its net-zero carbon emission … Read more
Cement demand in India is likely to grow at a moderate pace of 7-8 per cent (year-on-year) to 475 million tonnes (MTs) this fiscal, after clocking a compound annual growth rate of 11 per cent between fiscals 2022 and 2024, according to a report on Monday. Healthy monsoon, improved labour availability after the festive season, … Read more
India's wholesale price inflation stood at 1.84 per cent in the month of September, primarily due to increase in prices of food articles and some manufacturing areas, the government said on Monday. In August, the wholesale inflation came at 1.31 per cent and 2.04 per cent in July. The month-over-month change in WPI index for … Read more
Adani Ports and Special Economic Zone is currently trading at Rs. 1408.50, up by 0.90 points or 0.06% from its previous closing of Rs. 1407.60 on the BSE. The scrip opened at Rs. 1410.50 and has touched a high and low of Rs. 1426.00 and Rs. 1407.60 respectively. So far 21417 shares were traded on … Read more
Indian rupee strengthened against US dollar on Monday, after the currency touched an all-time low in the previous session due to sustained outflows from local equities. Foreign institutional investors were net sellers in the capital markets as they offloaded shares worth Rs 4,162.66 crore on Friday, exchange data showed. Firm domestic equities supported the local … Read more
India saw 25 deals worth $1.3 billion in the real estate sector in the July-September period (Q3), maintaining strong deal volumes and marking an all-time high in deal numbers and second-highest values since Q2 2023, a report showed on Monday. Deal values were primarily driven by the qualified institutional placement (QIP) activity, private equity funding … Read more
More than 1.55 lakh candidates have signed up for the newly launched PM Internship Scheme in just 24 hours, according to reports citing government sources. The registration process for the Scheme began on Saturday, with nearly 80,000 internship opportunities across 24 sectors available on the portal. Aimed at benefiting around 10 million young people over … Read more
Commerce and Industry Minister Piyush Goyal has said that the European Union's (EU) deforestation regulation and carbon tax are unfair and would impact Indian industries. He said the EU's safeguard measures on some steel products are irrational too. He noted that Indian industries are confronted with unfair rules of deforestation, rules around CBAM (Carbon Border … Read more