Indian shares ended higher on Tuesday, as investors bought the dip following a six-session losing run, while better-than-expected results for the ruling party in a state assembly election also supported sentiment. Investors now await the Reserve Bank on India's policy decision on Wednesday, where the central bank is widely expected to hold rates while some … Read more
LTIMindtree is currently trading at Rs. 6369.60, up by 116.50 points or 1.86% from its previous closing of Rs. 6253.10 on the BSE. The scrip opened at Rs. 6260.05 and has touched a high and low of Rs. 6387.75 and Rs. 6187.40 respectively. So far 6532 shares were traded on the counter. The BSE group … Read more
Warehouse developer IndoSpace said on Tuesday it will increase investment in the southern state of Tamil Nadu by 41% over the next three years, to meet increasing demand for industrial parks as more companies set up bases in India. Warehouse developers are facing a mad demand rush as companies bet on the country's economic boom … Read more
The Indian central bank's informal instructions to lenders to refrain from betting heavily against the rupee have led some traders to reduce the size of speculative positions and tweak their approach to trading the currency. The Reserve Bank of India's (RBI) instructions to banks on Monday came as the rupee was close to breaching its … Read more
Emphasizing India’s significant progress in green shipping and energy transition, Union Minister of New and Renewable Energy, Pralhad Joshi has said ‘India stands as a global voice of reason in its commitment to the pursuit of a sustainable energy future that aligns with our growth ambitions and environmental responsibilities'. The Minister also highlighted India’s energy … Read more
HDFC Bank is currently trading at Rs. 1649.30, up by 29.65 points or 1.83% from its previous closing of Rs. 1619.65 on the BSE. The scrip opened at Rs. 1619.65 and has touched a high and low of Rs. 1652.70 and Rs. 1619.65 respectively. So far 160399 shares were traded on the counter. The BSE … Read more
Innovation, resilience and growth are truly the hallmark of the Indian fast-moving consumer good (FMCG) sector and the country is emerging as an evolved supply chain for the world, according to Kumar Venkatasubramanian, India CEO, Procter & Gamble. Speaking at an FICCI event in the national capital, Venkatasubramanian, also the Chair of FICCI FMCG Committee, … Read more
Domestic air passenger traffic reached nearly 132.3 lakh in the month of September, up by 0.8 per cent compared to 131.3 lakh in August, a report showed on Tuesday. The domestic passenger traffic data witnessed a year-on-year growth of 8.1 per cent, compared to 122.5 lakh in September last year, as per data by credit … Read more
Riding on higher enrolments, which allows for upward fee revisions, and students scouting for new course offerings, schools and colleges are expected to report 12-14 per cent revenue growth this fiscal, according to a report on Tuesday. The growth will be despite the high base following three consecutive years of high-teenage growth. Improved enrolments and … Read more
Driven by strong fundamentals and robust investors’ confidence, Nifty 50 has shown 31.43 per cent growth in the past one year, a report showed on Tuesday. In the last three months, Nifty 50 experienced a growth of 7.5 per cent and in the last six months, it achieved a growth of 15.6 per cent, according … Read more