Leading automaker Maruti Suzuki India on Tuesday said it sold 184,727 vehicles in the month of August, up from 181,343 units sold in the same month last year. The figure included domestic sales of 148,061 units, sales to other original equipment manufacturers (OEMs) of 8,938 units and exports of 27,728 units, the automaker said in … Read more
Retail inflation for industrial workers stood at 2.44 per cent in the month of August, as compared to 6.91 per cent in the same month last year – a significant decrease of about 65 per cent (year-on-year) — according to the latest data released by the Labour Ministry on Tuesday. The all-India Consumer Price Index-Industrial … Read more
Leading credit ratings agencies on Tuesday highlighted the sustained strengthening of India Inc's credit quality, reflecting resilient domestic growth supported by the government's continued policy support. Crisil Ratings upgraded 506 companies in the first half of the current fiscal compared to 184 downgrades, which is an upgrade-to-downgrade ratio of 2.75 from 1.79 times in … Read more
Leading online brokerage Zerodha said on Tuesday it will not charge users after the revised exchange transaction charges (ETC) and securities transaction tax (STT) came into effect from Tuesday. The company, however, said this is a substantial change that will have a significant impact on the financials of all brokers. Zerodha’s Co-founder and CEO Nithin … Read more
The FIIs as per Tuesday'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 20375.77 crore against gross selling of Rs 26802.61 crore. Thus, FIIs stood as net sellers of Rs 6426.84 crore in equities. … Read more
Indian equity indices closed with marginal losses as shares of heavyweights like Reliance Industries and HDFC Bank weighed on them. At closing, Sensex was down 33 points at 84,266 and Nifty was down 13 points at 25,796. Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was at 60,358, up 204 … Read more
The Central government has announced that the interest rate on the various small saving schemes like PPF and SSY will remain unchanged for the third quarter (October 1, 2024, to December 31, 2024) of the financial year (FY) 2024-25. After this decision, the interest rates available on small savings schemes during the period from … Read more
As rising cloud and AI adoption trigger demand for more data centres, the United States currently leads with 5,388 data centres globally, 10 times more than China and most European countries, data showed on Tuesday, as India gears up for a data centre boom. As per data presented by Stocklytics.com, the US constitutes 70 per … Read more
Power Mech Projects is currently trading at Rs. 6732.00, up by 23.25 points or 0.35% from its previous closing of Rs. 6708.75 on the BSE. The scrip opened at Rs. 6790.00 and has touched a high and low of Rs. 6790.00 and Rs. 6668.40 respectively. So far 1638 shares were traded on the counter. The … Read more
Rathi Steel & Power is currently trading at Rs. 65.24, up by 2.86 points or 4.58% from its previous closing of Rs. 62.38 on the BSE. The scrip opened at Rs. 64.70 and has touched a high and low of Rs. 65.49 and Rs. 63.00 respectively. So far 149579 shares were traded on the counter. … Read more