Business news

Sensex trades flat, down 10 points at 76,480 on mixed global, political cues

At 9:45 a.m., Sensex was down 10 points at 76,480 and Nifty was up 2 points, at 23,261.

Jun 11, 2024

Household consumption expenditure jumps in India as incomes rise

Household consumption expenditure on goods and services in both the rural and urban areas of India, which reflects the standard of living and well-being of the population, has shown a robust increase over the last decade, according to the latest survey released by the Ministry of Statistics.

Jun 10, 2024

Paytm cuts jobs amid restructuring exercise, disburses bonus

One97 Communications Limited (OCL), which owns the Paytm brand, has begun to lay off an undisclosed number of employees amid a restructuring exercise, along with facilitating outplacement assistance to those affected.

Jun 10, 2024

Retail investors turn new power players in Indian stock market [details]

Retail investors, including High Net Worth Individuals (HNIs), have emerged as the driving force in the Indian stock market, outpacing Foreign Institutional Investors (FIIs) and other large investors.

Jun 10, 2024

Sensex opens at all-time high but fails to move up, remains flat

At 9:45 am, Sensex was at 76,703, up 9 points and Nifty was at 23,293, up 4 points.

Jun 10, 2024

Softowell Announces Launch of "Softowell Startup Insights" Podcast for Aspiring Entrepreneurs Across Multiple Platforms

"Softowell Startup Insights" is set to become an indispensable resource for entrepreneurs at the beginning of their journey.

Jun 7, 2024

India's forex reserves at historic high of $651.5 bn, CAD to dip: RBI

With a lower trade deficit, robust services export growth and strong remittances, the current account deficit (CAD) is expected to have moderated in the January - March quarter of 2023-24, RBI Governor Shaktikanta Das said on Friday.

Jun 7, 2024

Adani Solar 'Top Performer' in Kiwa PVEL's PV Module Reliability Scorecard for 7th year

Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group, on Friday, said it has been recognised as a 'Top Performer' in the 10th Edition of Kiwa PVEL'sPV Module Reliability Scorecard.

Jun 7, 2024

RBI raises GDP growth forecast for 2024-25 to 7.2%, keeps repo rate unchanged at 6.5%

The RBI's Monetary Policy Committee (MPC) meeting decided to stick to the current 6.5 per cent repo rate with a 4:2 majority vote, RBI Governor Shaktikanta Das said after the meeting

Jun 7, 2024

Sensex jumps 311 points ahead of today's RBI MPC decision

At 9:40 a.m., Sensex was at 75,447, up 372 points or 0.50 per cent and Nifty was at 22,941, up 120 points or 0.53 per cent. Midcap and smallcap shares are outperforming benchmarks.

Jun 7, 2024

Rahul Gandhi alleges biggest stock market scam, demands JPC probe

"Why did the PM and Union Home Minister give specific investment advice to the five crore families investing in the stock market?" asked Rahul Gandhi

Jun 6, 2024

Sensex trades higher on positive global cues, up 375 points

Out of the total stocks, 1,949 are trading in green and 209 in red. Midcap and smallcap stocks are trading with positive bias.

Jun 6, 2024

Investors gain Rs 12 lakh crore as stock markets shrug off poll jitters

The Indian indices shrugged off election jitters and massively rebounded in a sharp rally, as the BJP-led National Democratic Alliance (NDA) prepared to stake fresh claims for government formation.

Jun 5, 2024

Sensex jumps over 1,200 points as India VIX crashes 27 percent

Indian equity indices were in the green on Wednesday as India VIX crashed 27 per cent.

Jun 5, 2024

Over Rs 8K cr added on Zerodha's Kite app on Lok Sabha election results day

More than Rs 8,000 crore in funds was added on Zerodha's Kite app on the Lok Sabha election results day, according to a chart shared by the brokerage firm's co-founder and CEO Nithin Kamath on Tuesday.

Jun 4, 2024