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Sensex revisits 61,000, Nifty above 18,000; RIL, ITC stocks spurt
Wipro was the biggest gainer in the Sensex pack, rising 2.89 per cent, followed by Nestle, State Bank of India, Larsen & Toubro, ITC, Tech Mahindra, Reliance Industries, etc.
Eight core sector industries post 3.6 per cent growth in March; slowest in 5-month
The output of crude oil declined by 2.8 per cent, power by 1.8 per cent and cement by 0.8 per cent in March this year.
Vedanta chief Agarwal makes ‘zero debt’ pledge, says ‘very comfortable’…
Earlier this week, Vedanta Resources Ltd, the parent company of Mumbai-listed mining giant Vedanta Ltd, said it has paid all its maturing loans and bonds due in this month to reduce its gross debt.
RBI feels poor strategies can trigger crisis, looks at banks’ business models
Business models can sometimes create risks in certain parts of the balance sheet of a bank which going forward can blow up into a bigger crisis, Das said.
Aadhaar authentication transactions rise to 2.31 billion in March
More than 311.8 million e-KYC transactions were carried out during March 2023, a rise of over 16.3 per cent against February levels.
Stock markets rise for 3rd session; Sensex gains 169 points
PowerGrid was the biggest gainer among the Sensex components, spurting 2.59 per cent, followed by IndusInd Bank, Larsen & Toubro, Nestle, HCL Tech, Axis Bank, etc.
Google takes USD 2.6 billion hit on account of workforce cut, office space charges
Google parent Alphabet has incurred $2.6 billion in charges related to reductions in its workforce and office space in the first quarter of this year.
Per capita spending on health rises but share in GDP remains constant
In Tamil Nadu, Andhra Pradesh and Telangana, it is only 0.9 per cent. Karnataka is the lowest at 0.7 per cent.
Petroleum product exports decline by 10.9 per cent in March
India’s export of petroleum products decreased by 10.9% in March 2023 and 2.7% during April 2022-March 2023 as compared to the corresponding period of the previous year.
TDS helps double taxpayer base to 9.2 crore
Tax deducted at source (TDS) has become a very effective tool for the government to increase the taxpayer’s base.
Stop companies that build ONDC-specific platforms: Piyush Goyal
His comment comes weeks after PhonePe launched a hyperlocal commerce app Pincode, which is built on the ONDC platform.
India jumps 6 places on World Bank’s Logistic Performance Index
India was ranked 44th on the index in 2018 and has now climbed to 38th in the 2023 listing. India's performance has drastically improved from 2014, when it was ranked 54th on the LPI.
40% of PM Cares Fund remained unspent till March ’22
PM Cares Fund also gets exemptions under the Foreign Currency Regulation Act (FCRA), and is allowed to receive foreign donations.
ICICI Bank net profit up by 30 per cent to Rs 9,122 crore in Q4
Including non-fund outstanding, the retail portfolio was 45.7% of the total portfolio at March 31, 2023.
Cost efficiencies, skilled manpower attract offshore units to India
Amid gloomy economic outlook, firms considering moving work to less expensive locations
PFC sanctions Rs. 633 crores for a greener Delhi; BluSmart Mobility deploy 5000 EVs and 1000 EV…
New Delhi: Power Finance Corporation Ltd (PFC), a Maharatna PSU and leading NBFC in Indian power sector, has sanctioned a loan of ₹633 crores to Gensol Engineering Ltd (GEL) for the purchase of 5,000 passenger Electric Vehicles (EVs) and…
Gold shines on Akshaya Tritiya with 20 per cent returns, set to rise further
The sale of yellow metal rises on Akshaya Tritiya as it is considered buying gold is considered to be auspicious on this day.
Enjoying emotional health: Benefits of detoxing our mind
Chandigarh: Life would throw us challenges, but when we learn to detox our minds, we can deal with them without putting our emotions into turmoil
Polluting our mind with toxins can lead to problems that affect our mental and emotional…
International trade in rupee currency soon: Piyush Goyal
The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts (SRVAs) of correspondent banks from 18 countries, including the UK, Singapore, and New Zealand.
Reliance brings British coffee shop Pret A to India
The maiden store is being launched in Maker Maxity, Mumbai and according to Reliance, this will be the first of many shops set to open later this year.
