Business & Economy

September 16, 2024 6:07 PM

Coal production up by 35 per cent in first quarter of the current fiscal

India's coal sector has reported significant growth in both production and dispatch during the first quarter of the financial year 2024-25, according to figures released by the Ministry of Coal on July 3. Coal production surged by 35 percent year-on-year, rising from 29.26 million tonnes (MT) in Q1...

September 16, 2024 6:07 PM

India’s FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL

India's fast-moving consumer goods (FMCG) sector is set to experience robust growth in the fiscal year 2024, according to a recent report by rating agency CRISIL. The agency projects a revenue growth of 7-9% for the sector, driven by higher volumes, a revival in rural demand, and steady urban consum...

July 4, 2024 5:05 PM

Sensex closes above 80,000 for first time, Nifty at 24,302

The BSE Sensex and Nifty continued their upward trajectory on Thursday, reaching fresh lifetime highs. The Sensex added 62 points, or 0.08 percent, to close at 80,049, while the Nifty gained 15 points, or 0.06 percent, to 24,302. Both benchmarks hit record highs for the third session in a row. "Th...

July 4, 2024 3:40 PM

EU imposes duties on China-built EVs, leaving four months for talks

The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said on Thursday, ratcheting up trade tension with Beijing. There is however a four-month window during which the tariffs are only provisional and intensive talks are expect...

July 4, 2024 12:35 PM

Sensex opens at 80,322, Nifty at 24,369 as Indian markets hit record highs

Indian markets hit a new historic high on Thursday, with both major indices achieving record points in the opening session. The Nifty 50 index opened at an unprecedented 24,369 points, while the BSE Sensex began the session at an all-time high of 80,321.79 points. This bullish trend continues from ...

July 3, 2024 11:00 AM

Sensex hits 80,000 mark for first time, Nifty at fresh lifetime high

Buoyed by banking and FMCG stocks, Indian benchmark indices surged to record highs on Wednesday for the second straight session. The Sensex gained 572.32 points, or 0.72 percent, to touch 80,013.77, crossing the 80,000 mark in intraday trade for the first time ever. The Nifty added 168 points, or 0...

July 3, 2024 10:32 AM

High-tech cash: Japan launches banknotes with hologram portraits

Japan began circulating its first new banknotes in 20 years on Wednesday, featuring three-dimensional portraits of the founders of financial and female education institutions in an attempt to frustrate counterfeiters. The notes use printed patterns to generate holograms of the portraits facing diff...