Indian shares are set to open slightly higher on Thursday, potentially continuing a four-session rally, as investors await the Reserve Bank of India's (RBI) rate decision on Friday. The Gift Nifty futures were trading at 24,527.5, as of 08:06 a.m. IST, indicating that the benchmark Nifty 50 will open above Wednesday's close of 24,467.45. Both … Read more
India’s trade performance demonstrated stability and moderate growth during the first quarter of the current financial year, according to a NITI Aayog Trade Watch report released on Wednesday. The publication offers a holistic snapshot of India’s trade position, combining global demand-supply perspectives, sectoral performance, and insights into emerging trade opportunities. Merchandise exports showed restrained … Read more
The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India’s (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday. Banking stocks rose amid volatile sessions in the … Read more
India's affordable housing market is projected to reach Rs 67 lakh crore by 2030, with cumulative demand likely to be 31.2 million units, a report showed on Wednesday. The existing shortage as well as upcoming demand for the affordable housing segment in India is estimated to be 30.7 mn units by 2030 and the opportunity … Read more
Sunrise Efficient Marketing is currently trading at its upper limit of Rs. 137.35, up by 2.65 points or 1.97% from its previous closing of Rs. 134.70 on the BSE. The scrip opened at Rs. 137.35 and has touched a high and low of Rs. 137.35 and Rs. 137.35 respectively. So far 9000 shares were traded … Read more
Telecommunications giant Ericsson on Wednesday said it has been awarded a multi-billion, 4G and 5G extension deal by Bharti Airtel for its India operations. As part of the multi-year deal for 4G and 5G RAN products and solutions, Ericsson will deploy centralised RAN and Open RAN-ready solutions for network transformation, which will help customers with … Read more
The total amount in the investment corpus of the Employees’ Provident Fund Organisation (EPFO) more than doubled in the past five years to Rs 24.75 lakh crore in the financial year 2023-2024 from Rs 11.1 lakh crore 2019-20, according to official figures. EPFO invests funds in accordance with the pattern of investment notified by the … Read more
It is the real-time monitoring by Prime Minister Narendra Modi himself that has expedited the completion of large-scale infrastructure projects in India and spurred economic growth in the country over the last 10 years, according to Professor Soumitra Dutta of Saïd Business School, University of Oxford. In an exclusive interview with IANS, the Dean and … Read more
Sattrix Information Security is currently trading at Rs. 151.00, up by 1.75 points or 1.17% from its previous closing of Rs. 149.25 on the BSE. The scrip opened at Rs. 152.85 and has touched a high and low of Rs. 152.85 and Rs. 151.00 respectively. So far 3000 shares were traded on the counter. The … Read more
Indian Energy Exchange is currently trading at Rs. 178.95, up by 0.85 points or 0.48% from its previous closing of Rs. 178.10 on the BSE. The scrip opened at Rs. 183.00 and has touched a high and low of Rs. 183.40 and Rs. 176.55 respectively. So far 422321 shares were traded on the counter. The … Read more