Business news

Sensex, Nifty end flat as markets turn to consolidation phase

Markets: Sensex trades down 228 points, Nifty down 58 points amid selling in banking stocks

Maruti Suzuki, NTPC, Titan, Bharti Airtel, Bajaj Finance, and Tata Steel are top gainers.

Jul 10, 2024

CCPA directs Yatra to refund over Rs 2.5 crore to consumers affected during Covid lockdown

The Central Consumer Protection Authority (CCPA) on Tuesday directed online travel platform Yatra to refund over Rs 2.5 crore pending amount to consumers affected due to cancelled air tickets during the Covid-19 lockdown.

Jul 10, 2024

Pulses Cultivation Surges, Promises Food Price Stability

The Ministry of Agriculture reports a 14.1% increase in kharif crop sowing in 2024 due to favorable monsoon conditions. The area under pulses cultivation surged by 50%, which is expected to alleviate food inflation caused by a shortage of pulses.

Jul 8, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

The Indian benchmark indices ended flat on Monday as the stock markets turned to a consolidation phase due to the absence of major triggers to support the current premium valuation in the near term, prompting investors to book some profits.

Jul 8, 2024

Markets: Sensex, Nifty trade flat as Titan, bank stocks emerge as top losers

At pre-open, Nifty was flat at 24329.45 and the Sensex was lower by 0.1 per cent at 79915.00. Shares of Titan Co fell nearly 4 per cent after it reported subdued growth in the sales of its jewellery segment.

Jul 8, 2024

Smart home refridgerator by LG at the IFA Electronics show

LG acquires majority stake in Netherlands-based Athom in AI push

Even after the acquisition by LG Electronics, Athom will continue to operate independently, maintaining its business operations and branding

Jul 7, 2024

Mobile tariff hike: Centre responds, says market's demand and supply decide it

The government has responded to misleading claims regarding recent mobile services tariff hike, saying with three private and one public sector players, the current mobile services market operates through the market forces of demand and supply.

Jul 6, 2024

Govt makes ISI mark mandatory for steel & aluminium utensils to ensure safety in kitchens

ISI Mark Now Mandatory for Kitchen Utensils in India

In a significant move to enhance kitchen safety and quality, the Central government of India has made it mandatory for stainless steel and aluminium utensils to conform to the Bureau of Indian Standards (BIS). The announcement was made on Friday by the Commerce and Industry Ministry, marking a significant step towards ensuring consumer safety and product quality.

Jul 5, 2024

Sensex down 510 points, trades lower amid profit booking in largecaps

At 9:50 a.m., Sensex was down 510 points or 0.64 per cent at 79,538 and Nifty was down 88 points or 0.36 per cent at 24,214.

Jul 5, 2024

Elon Musk halts investment plans in India: Bloomberg report

It has been previously reported that Elon Musk had planned to visit Indian prime minister Narendra Modi in April

Jul 4, 2024

Sensex jumps more than 1,000 points on impressive GDP numbers (Ld)

Sensex closes above 80,000 for first time, Nifty at 24,302

Indian equity indices closed with marginal gains on Thursday following a volatile session. Sensex and Nifty made a new all-time high of 80,392 and 24,401 respectively, but the markets were unable to hold onto the higher levels as the day progressed.

Jul 4, 2024

Global survey ranks India among top three most optimistic nations

A new global survey has ranked India among the top three most optimistic nations, along with Singapore and Indonesia, based on the economic outlook of the people interviewed across various countries.

Jul 4, 2024

Finance Ministry declares 7.1 pc interest rate for Central govt staff PF schemes

The Finance Ministry has announced a 7.1 per cent interest rate for the Central government employees' General Provident Fund (GPF) and other similar provident fund schemes for the July-September quarter.

Jul 4, 2024