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Indian economy to grow 7.3 per cent in 2023-24: Govt
GDP at current prices in the year 2023-24 is estimated at Rs 296.58 lakh crore against the provisional estimate of GDP of Rs 272.41 lakh crore for the year 2022-23, released on May 31, 2023, it stated
Nifty realty index surges another seven per cent on improving business prospects
The index jumped over 7% intraday to hit its fresh 52-week high of 844.40 and finally closed 6.76% higher at 841.30 with all 10 components closing in the green.
No expansion of PLI scheme to new sectors: DPIIT secretary
Officials of the Department for Promotion of Industry and Internal Trade say that the government will ensure existing schemes get implemented well, thereafter the Centre will consider expansion.
Markets climb in early trade on buying in IT stocks, fresh foreign fund inflows
On Thursday, the BSE benchmark jumped 490.97 points or 0.69 per cent to settle at 71,847.57 and the Nifty climbed 141.25 points or 0.66 per cent to 21,658.60.
Canada’s Brookfield Asset Management to acquire American Tower’s Indian business for USD…
The telecom tower operator ATC has a portfolio of approximately 78,000 sites across India. This marks Brookfield's third acquisition in the Indian telecommunications space.
GAIL signs 10-year LNG purchase deal with Vital
GAIL commands approximately 70% market share in gas transmission and holds a gas trading share of over 50% in India.
BIS (North) Showcases Pioneering Achievements and Plans in a Riveting Annual Press meet
BIS also trains and exhorts industries to adhere to international quality guidelines, enabling them to meet GATT regulations on Global trade
India deserves ‘double engine’ growth where more women participate in economic…
Birla said empowering women is an important lever in his re-imagination of India of the future, and added that we need to depart from conventional stereotypes to make it happen.
Markets rebound in early trade after two days of fall
The 30-share BSE Sensex jumped 351.88 points to 71,708.48 in early trade. The Nifty climbed 99 points to 21,616.35.
REC subsidiary signs MoU with Gujarat Govt. for Smart Metering project
REC has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social & Commercial Infrastructure
No immediate oil prices cut in domestic market: Minister
The minister highlighted that oil marketing companies (OMCs) have incurred losses due to the high crude prices in the international market.
Toys to account for significant portion in Walmart’s USD 10 billion exports target from India:…
Compared to 2014-15, toy imports have dipped 52 per cent and exports rose by 239 per cent in 2022-23.
Most Asian markets fall as Fed minutes dent early rate cut hopes
The global rally that characterised last months of 2023 has petered out at the start of new year, owing to worries the buying may have run a little ahead of itself, leading traders to take a breather.
PFC signs MoU with Gujarat Govt. for Power Projects worth Rs. 25,000 Crore
Gandhinagar: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, signed an MoU with the Government of Gujarat (GoG) on January 3.
The MoU has been signed by Smt. Parminder Chopra,…
Sales of homes costing up to Rs 50 lakh dip 16 % last year; total sales hit 10-yr high: Report
The overall sales reached a 10-year high, driven by higher demand in the mid-income and luxury home segments.
More IPOs, less money: 17 per cent drop in IPO funding in 2023
53 of the 57 IPOs are trading above the issue price (closing price of 1st January, 2024) with an average return of 46%.
Delhi HC grants time to Vivo officials to respond to ED plea against release in money laundering…
Additional Solicitor General argued that the trial court order was "totally perverse" and the matter required urgent adjudication, whereas the counsel for the accused sought time to file their case.
Gold price closes in on alltime high, futures up Rs 208 to Rs 63,528/10g
Globally, gold futures went up by 0.54% to USD 2,083 per ounce in New York, closing in on the alltime high of $2,135 due to expectations that the US Federal Reserve will soon start cutting rates
GST revenue rises 10% in December to Rs 1.65 lakh cr
Average monthly collection for 2023-24 comes at Rs 1.66 lakh crore
Low oil price to benefit India’s trade, current account balance – Goldman Sachs
India's current account deficit will fall to $39 billion, or 1% of the GDP, this year, said Goldman Sachs, from 2% billion in FY23. It had earlier predicted a CAD of 1.3%.
