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
Bank of Baroda is currently trading at Rs. 251.95, up by 6.90 points or 2.82% from its previous closing of Rs. 245.05 on the BSE. The scrip opened at Rs. 247.05 and has touched a high and low of Rs. 255.65 and Rs. 244.30 respectively. So far 1124130 shares were traded on the counter. The … Read more
Indian equity market closed in the deep red on Friday following conflict in the Middle East. Indian investors have lost over Rs 14 lakh crore in the last two trading sessions as all listed companies' market cap on the Bombay Stock Exchange (BSE) skewed to Rs 461 lakh crore which was earlier Rs 475 … Read more
The Indian Council of Medical Research (ICMR) on Friday signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam (NVVN) to promote sustainable energy within India’s healthcare and research sector. The landmark agreement also aligns with the vision of Atmanirbhar Bharat (self-reliant India) and a cleaner, greener future. “The collaboration marks a major step … Read more
Indian frontline indices closed in the deep red on Monday as investors played cautious due to the Middle East conflict. At closing, Sensex was down 638 points, or 0.78 per cent, at 81,050 and Nifty was down 218 points, or 0.87 per cent, at 24,795. Due to the sharp fall, the market cap of … Read more
The FIIs as per Friday's data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 17725.67 crore against gross selling of Rs 33232.42 crore. Thus, FIIs stood as net sellers of Rs 15506.75 crore in equities. In the debt … Read more