Business

June 21, 2024 5:32 PM

Sensex, Nifty end lower on profit booking

Indian benchmark indices experienced high volatility as investors booked profits on the last trading session of the week. Both Nifty and Sensex closed with marginal declines. The Nifty 50 index, which touched a new high early in the session, closed at 23,501.10, down 65 points. The BSE Sensex fell ...

June 21, 2024 2:35 PM

China says EU escalation of trade friction could trigger ‘trade war’

China's commerce ministry said on Friday the European Union has continued to escalate trade friction, which "may trigger a "trade war". "Responsibility lies entirely with the EU side," a ministry spokesperson said in a statement. China hopes the EU will meet it halfway, handle difference through d...

June 21, 2024 1:32 PM

Nifty hits new record high, Sensex gains 200 points

Indian benchmark indices witnessed significant gains on Friday, with the Nifty touching a new peak during early trade and the Sensex surging over 200 points. The Nifty 50 added 70 points to reach 23,640, while the Sensex rose by more than 200 points to 77,674 in early trading. The broader market a...

June 19, 2024 4:59 PM

India records all-time high sea food export in FY 24

India has achieved a record-breaking milestone in seafood exports during the financial year 2023-24, according to the Ministry of Commerce and Industry. The country exported a total of 17,81,602 metric tons (MT) of seafood, valued at Rs 60,523.89 crore (USD 7.38 billion), despite facing significant ...

September 16, 2024 6:27 PM

India on track to become 10-trillion dollar economy by FY32: Adani

Industrialist Gautam Adani on Wednesday said that India's cumulative infrastructure spending is projected to exceed $2.5 trillion by 2031. He highlighted that platforms to create several trillion-dollar market spaces are already in place in the country. At a CRISIL event on 'Infrastructure: The Cat...

June 18, 2024 5:45 PM

Sensex, Nifty close at record highs

Indian markets closed at record highs on Tuesday, with both the Sensex and Nifty reaching new levels during the trading session. The Sensex peaked at a record 77,366.77, while the Nifty50 hit an all-time high of 23,579.05. The Nifty 50 closed up 0.39 percent at 23,557.90, and the Sensex rose 0.40 p...

June 18, 2024 2:54 PM

India, US to initiate new cooperation in quantum tech, biomanufacturing

India and the US have agreed to initiate new cooperation in the field of quantum science and technology, as well as to develop a joint strategic framework for optimizing the biopharmaceutical supply chain. The two countries released on Monday a joint Fact Sheet following the second meeting of the U...

June 18, 2024 2:06 PM

Stock markets open new week on bull run, Nifty touches new high

Domestic markets continued their bullish trend on Tuesday, with both the Nifty 50 and BSE Sensex making gains in the opening session. The Nifty 50 rose by 60 points to reach 23,529, while the BSE Sensex increased by 101 points, reaching 77,195 shortly after trading began. In the sectoral indices ex...

June 16, 2024 11:27 AM

Foreign investors return to Indian markets with investment of Rs 2743 crore

Foreign portfolio investors (FPIs) re-entered the Indian equity markets with a notable net investment of Rs 2,743 crore on Friday, signaling a positive turn. However, despite this recent inflow, overall FPI investments remain in the negative territory. According to the latest data from the National...