Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts. Sensex closed with a slight fall of 4.40 points at 82,555 while Nifty rose by one point at 25,279. Market sentiment was positive. On the Bombay Stock Exchange (BSE), at closing 2,011 shares were in the green, … Read more
Regency Ceramics is currently trading at its upper limit of Rs. 57.22, up by 2.72 points or 4.99% from its previous closing of Rs. 54.50 on the BSE. The scrip opened at Rs. 57.22 and has touched a high and low of Rs. 57.22 and Rs. 57.22 respectively. The BSE group 'T' stock of face … Read more
India's Bajaj Housing Finance is targeting a valuation of 582.97 billion rupees ($6.94 billion) through its $782 million initial public offering, a term sheet showed on Tuesday. The home loan financing unit of Bajaj Finance has set a price band of 66-70 rupees per share for the IPO, which will run from Sept. 9 to … Read more
The World Bank in its latest ‘India Development Update: India’s Trade Opportunities in a Changing Global Context’ has said that the Indian economy continues to grow at a healthy pace despite challenging global conditions. But to reach its $1 trillion merchandise exports goal by 2030, India needs to diversify its export basket and leverage global … Read more
The Centre on Tuesday requested state governments to extend the benefits of the Pradhan Mantri Awas Yojana (PMAY) to disadvantaged workers, to ensure social justice and enhance ease of living. The Ministry of Labour and Employment said it has issued a letter to all state governments, urging the inclusion of migrant workers, building workers, beedi … Read more
Integrated Industries is currently trading at Rs. 397.70, up by 3.05 points or 0.77% from its previous closing of Rs. 394.65 on the BSE. The scrip opened at Rs. 403.95 and has touched a high and low of Rs. 404.95 and Rs. 393.00 respectively. So far 25298 shares were traded on the counter. The BSE … Read more
The Indian rupee declined on Tuesday, tracking weak Asian peers, but the central bank's repeated intervention at current levels in the recent past meant that the losses were fairly limited. The rupee was at 83.9475 to the U.S. dollar at 11:02 a.m. IST, down from 83.9175 in the previous session. Asian peers were down 0.1% … Read more
Russia's trade with India is booming and bilateral payments are proceeding smoothly without the glitches that have been hampering trade with other countries, Anatoly Popov, deputy CEO of Russia's largest lender, Sberbank, told Reuters. Sberbank handles payments for up to 70% of all Russian exports to India. Russia's trade with India nearly doubled to $65 … Read more
Indian rupee weakened against the US dollar on Tuesday tracking firm American currency at overseas markets. Sentiments continue to remain dampened after data showed that the HSBC India Manufacturing PMI declining slightly to 57.5 in August and India's economic growth falling to a 15-month low of 6.7% for April-June quarter of 2024. Investors are now … Read more
The Union Cabinet has approved seven big-ticket programmes for the holistic growth of agriculture and allied sectors with a total outlay of nearly Rs 14,000 crore, as it aims to improve farmers' income. The focus of these programmes would be on research & education, climate resilience, natural resource management and digitisation in the agriculture sector … Read more