Asia

India's Forex reserves surge to lifetime high of $670.86 bn

India's foreign exchange (Forex) reserves rose for the third-consecutive week to touch a new lifetime high of $670.86 billion as of July 19, according to the latest data released by the RBI on Friday.

Jul 26, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Nifty up 428 points to close at all-time high, Sensex surges by 1,292 pts

Sensex was up 1,292 points or 1.62 per cent at 81,332 and Nifty was up 428 points or 1.76 per cent at 24,834.

Jul 26, 2024

Indexation removal on real estate won't hike tax burden, has limited impact

Indexation removal on real estate will have limited impact: FM

Amid the growing chatter over the removal of indexation benefit in the long-term capital gain (LTCG) calculation, Finance Minister Nirmala Sitharaman has stressed that the move is not a "revenue-raising measure" and will not lead to a higher tax burden on real estate transactions.

Jul 25, 2024

Experts hail Rs 1.48 lakh cr Budget allocation for education, employment & skilling

Sensex opens negative as sentiments run low after budget

At 9:52 a.m., Sensex was down 280 points or 0.35 per cent, at 80,174 and Nifty was down 72 points or 0.30 per cent.

Jul 24, 2024

9 priorities of Union Budget: FM unveils road map for 'Viksit Bharat'

Nine priorities of Union Budget: FM unveils road map for 'Viksit Bharat'

Finance Minister Nirmala Sitharaman, presenting her seventh consecutive Budget and her first in Modi 3.0, spotlighted nine priority areas for generating ample opportunities for all.

Jul 23, 2024

Sensex trades flat ahead of Union Budget as investors keen on positive signs

At 9:55 a.m., Sensex was up 35 points or 0.04 per cent at 80,537 and Nifty was up 2 points or 0.01 per cent at 24,511

Jul 23, 2024

Sensex trades lower after Biden news trickles down, all Asian markets in red

The markets of Tokyo, Shanghai, Seoul, and Bangkok are also in the red.

Jul 22, 2024

Stock markets fall as Biden drops out of US presidential race

Asia-Pacific stock markets fell this morning, with Japan's Nikkei 225, South Korea's Kospi and Australia's S&P 200 slipping up to 0.5 per cent.

Jul 22, 2024

Will the Budget 2024-25 Address the Challenges Indian Economy Faces?

Budget for 2024-25 will be a critical document that addresses a range of economic challenges, from fiscal deficit and sovereign debt management to industrial growth and social issues.

Jul 21, 2024

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

As the Centre is set to present the Union Budget 2024-2025 on July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism.

Jul 21, 2024

Infosys' headcount drops 1,908 in Q1 FY25, plans to hire 20,000 freshers as per growth

Infosys' headcount drops 1,908 in Q1 FY25, but plans to hire 20,000 freshers

IT giant Infosys on Thursday reported a drop in headcount by 1,908 in the April-June quarter of the current fiscal (FY25).

Jul 19, 2024

Sensex, Nifty trade lower, 1,651 shares in NSE slip to red

On NSE, 1651 shares are in red and 526 shares in green

Jul 19, 2024

Sensex, Nifty touch all-time record highs as demand for IT stocks revives

The Indian benchmark indices on Thursday saw a sharp rally over renewed buying in IT stocks, ending up for the fourth straight session while touching a new all-time high.

Jul 18, 2024

Consumption of natural gas rises by 7 pc in June as more Indians switch to green fuel

Going green? Consumption of natural gas rises by 7% in June

The consumption of natural gas in India went up 7.1 per cent in June to 5,594 million metric standard cubic metres (MMSCM), this year compared to the same month last year, as more households across the country are using the fuel for cooking; the demand is also rising in the urban transport segment, according to data compiled by the Ministry of Petroleum and Natural Gas.

Jul 18, 2024

Quick profit booking brings Sensex lower in smallcap and midcap stocks

At 9:46 a.m., Sensex was down 102 points or 0.13 per cent, at 80,608 and Nifty was at 24,588, down 17 points or 0.07 per cent.

Jul 18, 2024

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