Business news

IPO market buzz continues next week with 3 new public issues

Indian markets end in red, auto and IT stocks under pressure

The Indian benchmark indices closed in the red on Tuesday, as auto, IT, and PSU banks remained under pressure.

Oct 15, 2024

spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

Embattled SpiceJet settles $23.39 mn dispute amid fresh insolvency case

Embattled airline SpiceJet on Tuesday said it has settled a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) Ltd for an aggregate sum of $5 million, as it faces a new insolvency case amid some still remain unresolved.

Oct 15, 2024

Housing sales stabilise in top Indian cities, festive quarter to see uptick in demand

India Sees Record Sale of 2.25 Lakh Housing Units in Jan-Sep, Equity Investments on the Rise

The Indian housing market saw over 225,000 units being sold during the first nine months of the year, demonstrating strong performance in absolute terms.

Oct 15, 2024

Sensex, Nifty open in green, Sensex trades above 82K, Nifty 25K+

NSE Nifty was trading at 25,189.25 after gaining 61.30 points or 0.24 per cent. The market trend remained positive. On the NSE, 1,323 stocks were trading well, while 721 stocks were in the red.

Oct 15, 2024

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Sensex jumps up 591 points, realty and banking stocks shine

The Indian benchmark indices closed in green on Monday with a strong start for the week, as buying was seen in realty, banking, and IT stocks.

Oct 14, 2024

Sensex trades higher before RBI MPC outcome

Stock markets open positive, Sensex gains 300 points; 981 NSE stocks trading in green

On the National Stock Exchange (NSE), 981 stocks were trading in the green, while 401 stocks were trading in the red.

Oct 14, 2024

Seven companies marketcap decreases by over Rs 1 lakh crore

Total market capitalisation of seven out of 10 companies has reduced by Rs 1,22,107 crore in the last week, with TCS and RIL losing the most.

Oct 13, 2024

USISPF's 'India Leadership Summit 2024' to deepen economic, tech ties

In a bid to enhance bilateral trade, supply chains, semiconductor investment, AI and next-gen technologies, the US-India Strategic Partnership Forum (USISPF) is set to host its annual 'India Leadership Summit 2024' in the national capital on Monday (October 14).

Oct 13, 2024

EXIM Bank sees India's goods export surging to $111.7 billion in Q2

Over 30 countries to explore $117 billion untapped export potential for India

Highlighting the $117 billion untapped export potential for India, more than 30 countries are set to participate in the fifth edition of 'World Trade Expo' in the financial capital from October 17-18.

Oct 13, 2024

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Middle East tensions, high crude oil prices bring rupee to 84-mark against dollar

With elevated crude oil prices amid global geo-political situations, the rupee on Friday breached the 84-mark against the US dollar for the first time.

Oct 11, 2024

Noel Tata appointed Chairman of Tata Trusts

Noel Tata on Friday was unanimously appointed as Chairman of Tata Group's philanthropic arm Tata Trusts during a board meeting to discuss the group's succession plans after the demise of Ratan Naval Tata at age 86.

Oct 11, 2024

Stock Trading hits high, demat accounts surge to 175 mn, active clients on NSE reach 47.9 mn

The number of active clients on the National Stock Exchange (NSE) increased 2.4 per cent (on-month) to 47.9 million in September.

Oct 11, 2024

Shaktikanta Das 25th governor of the Reserve Bank of India (RBI)

RBI Increases Limits for UPI 123Pay and UPI Lite Transactions

The Reserve Bank of India (RBI) has increased the pre-transaction limits for UPI 123Pay and UPI Lite payment mechanisms. Users can now conduct low-value UPI transactions of up to Rs 1,000 without entering the PIN, up from the previous limit of Rs 500.

Oct 9, 2024

RBI retains repo rate at 6.5 pc after MPC Review; Keeps FY25 growth at 7.2%

RBI Governor Shaktikanta Das said that inflation for the third quarter (Q3) this fiscal is set to moderately increase to 4.8 per cent,

Oct 9, 2024

Cryptocurrency Market: A Deep Dive into Value and Volatility

Reports that 85% of the world's cryptocurrencies are worth less than one cent, highlighting the market's volatility. Despite most cryptocurrencies having little value, the top five make up 82% of the total market cap, led by Bitcoin and Ethereum.

Oct 8, 2024

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Business news

Indian markets end in red, auto and IT stocks under pressure

Embattled SpiceJet settles $23.39 mn dispute amid fresh insolvency case

India Sees Record Sale of 2.25 Lakh Housing Units in Jan-Sep, Equity Investments on the Rise

Sensex, Nifty open in green, Sensex trades above 82K, Nifty 25K+

Sensex jumps up 591 points, realty and banking stocks shine

Stock markets open positive, Sensex gains 300 points; 981 NSE stocks trading in green

Seven companies marketcap decreases by over Rs 1 lakh crore

USISPF's 'India Leadership Summit 2024' to deepen economic, tech ties

Over 30 countries to explore $117 billion untapped export potential for India

Middle East tensions, high crude oil prices bring rupee to 84-mark against dollar

Noel Tata appointed Chairman of Tata Trusts

Stock Trading hits high, demat accounts surge to 175 mn, active clients on NSE reach 47.9 mn

RBI Increases Limits for UPI 123Pay and UPI Lite Transactions

RBI retains repo rate at 6.5 pc after MPC Review; Keeps FY25 growth at 7.2%

Cryptocurrency Market: A Deep Dive into Value and Volatility

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]