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May 10, 2024 7:22 PM
India is set to solidify its position as a global economic powerhouse as it gears up to become the world's third-largest consumer market by 2026, according to the 'India Economic Perspectives' report by UBS. Despite facing challenges, the country's consumer market has shown remarkable resil...
May 10, 2024 2:01 PM
Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing U.S. labour market stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data. Sterling was steady at $1.2515, having touched a more than tw...
May 9, 2024 11:31 PM
The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net pro...
May 9, 2024 5:25 PM
The BSE Sensex and Nifty closed Thursday’s trading session sharply lower. The Nifty slumped 1.55% to 21,957.50 points, while the Sensex fell 1.45% to 72,404.17 at the close. Several sectoral indices faced sharp declines, with Nifty Oil & Gas being the top loser, falling by 2.7%. Other sectors...
September 16, 2024 6:08 PM
The Indian stock market saw a downturn for the second day in a row on Thursday. The Sensex dropped by 0.64 percent to 73,003, while the Nifty fell by 0.61 percent to 22,162 as of 10:25 am. Hero MotoCorp emerged as the top performer with a significant surge of 4.6 percent. Following closely were M&a...
May 8, 2024 10:52 AM
Today, the Indian equity benchmark indices, BSE Sensex and Nifty50, opened in the red, indicating a cautious start to the trading session on Wednesday. While the BSE Sensex experienced a decline of around 300 points, the Nifty50 hovered near the 22,200 mark. As of 10:38 AM, the BSE Sensex was tradin...
May 7, 2024 6:42 PM
Bangladesh Prime Minister Sheikh Hasina on Tuesday urged the International Organization for Migration (IOM) to raise more funds from newer sources for assistance of the Rohingyas sheltered in Bangladesh. “Since the the assistance for Rohingyas has declined, the IOM should look for new partn...
May 7, 2024 2:30 PM
The yen continued to drift lower against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The Australian dollar eased back from near a two-mont...
May 6, 2024 9:52 PM
In a ceremony held on Monday in New Delhi, Justice (Retd.) Sanjaya Kumar Mishra took the oath as the President of the GST Appellate Tribunal (GSTAT) from Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman. The GSTAT serves as the Appellate Authority under the Central Goods and Ser...
September 16, 2024 6:03 PM
The Indian equity market started the week on a positive note as the benchmark indices, Sensex and Nifty, bounced back in early trade. The BSE Sensex climbed 328.54 points to reach 74,206.69, while the NSE Nifty advanced by 93.45 points, settling at 22,569.30. Among the major gainers in the Sensex b...
