Business news

Relieved by GCMMF as MD, Sodhi says had resigned in morning

RS Sodhi, Amul's MD for 40 years, steps down; Jayan Mehta gets interim charge [details]

RS Sodhi said when he took over in 2010, Amul's turnover was Rs 8,000 crore, and now it has touched Rs 61,000 crore.

Jan 10, 2023

sensex

Stock market gives up gains; Sensex tanks more than 500 points, Nifty hovers near 17,950 points

As of 12:40, Sensex is trading down 500 points or 0.9% to 60,237 points, whereas Nifty gave 150 points or 0.9% to 17,950 points and Bank Nifty erased 480 points or 1.1% to trade near the 42,100 level

Jan 10, 2023

sensex

Stock market opened in green as data from US shows receding inflationary pressure; Sensex rises almost 2%, Nifty advances 260 points

As of 12:30, Sensex went up by almost 900 points or 1.5% to 60,802 points, whereas Nifty gained 250 points or 1.42% to 18,113 points and the banking gauge Nifty Bank is trading at 42,633 points, up 444 points or 1.05%

Jan 9, 2023

Sensex

Ahead of markets opening: Relief rally in the offing but concerns persist

SENSEX ended the week with losses of 940.37 points or 1.55 per cent to close at 59,900.37 points while NIFTY lost 245.85 points or 1.36 per cent to close at 17,859.45 points

Jan 9, 2023

Indian Rupee

FPIs sold for 11 consecutive days to the tune of Rs 14,300 crore [details]

FPIs have turned sustained sellers in the Indian market and sold for 11 consecutive days taking the cumulative selling to Rs 14,300 crore, says V.K. Vijayakumar, the Chief Investment Strategist at Geojit Financial Services.

Jan 7, 2023

sensex

Stock market tumbles as selling pressure intensifies; Sensex falls below 60K, Nifty hovers around 17,850

As of 1:55, Sensex is trading down 530 points or 0.9% to 59,820 points, whereas Nifty dropped 144 points or 0.9 % to 17,842 points, and banking gauge Nifty Bank sank almost 600 points or 1.4% to 42,039 points

Jan 6, 2023

sensex

Stock market falls as fed's meeting minutes intensify tension on D-Street: IBT Market Watch

As of 1:20 PM, Sensex dipped almost 450 points or 0.7% to 60,204 points, while Nifty plunged below the psychological level of 18,000 to 17,940 points and Bank Nifty lost almost 500 points or 1.2% to 42,466 points.

Jan 5, 2023

Power plant

CERC asks Centre to compensate imported coal-based power plants; Tata Power welcomes decision

Power plants dependent on imported coal should be fully compensated for meeting electricity demand under forced circumstances, the Central Electricity Regulatory Commission (CERC) has said in an order.

Jan 4, 2023

Anurag Thakur

Cabinet clears national green hydrogen mission with an outlay of Rs 19,744 cr [details]

The union cabinet on Wednesday cleared the government's ambitious National Green Hydrogen Mission with an outlay of Rs 19,744 crore.

Jan 4, 2023

sensex

Sensex, Nifty plunged almost 1% as global headwinds upset market sentiments: IBT market watch

As of 1:10, Sensex lost more than 500 points or 0.9% to 60,768 points, whereas Nifty is trading below 18,100 points, down 160 points or 0.9% and Bank Nifty plunged more than 350 points or 0.9% to 43,066 points.

Jan 4, 2023

Sensex

Sensex, Nifty shift between gains and losses; recession fears dampen the investors' sentiments

As of 1:20pm, Sensex and Nifty are mildly trading in green at 61,126 points and 18,191 points, respectively. Bank Nifty is trading close to the 43,300 mark.

Jan 3, 2023

Sensex

Stock market gains momentum after GST collections' forecast; investors eye global cues

As of 1:55, the Sensex is trading at 61,060, up 220 points or 0.4%, whereas Nifty-50 is trading 63 points or 0.35% higher at 18,169 points and Nifty Bank is trading at 43,133 points, up almost 150 points or 0.32%

Jan 2, 2023

Dec 2022 GST collections stand at Rs 1,49,507 crore: Govt

Dec 2022 GST collections stand at Rs 1,49,507 crore: Govt

The GST collections for December 2022 stood at Rs 1,49,507 crore -- 2.5 per cent more than Rs 1,45,867 crore collected in November 2022, according to figures released by the Finance Ministry on Sunday.

Jan 1, 2023

2022 in retrospect and looking at the year ahead

Yearender 2022: The Market in retrospect, looking at the year ahead

Calendar year 2022 has come to an end and one sentence that could possibly best describe it would be - it was a tough one.

Dec 31, 2022

Reserve Bank of India.

Forex reserves fall to $562 billion during period ending Dec 23: RBI data

India's foreign exchange reserves fell by $691 million to $562.808 billion as on December 23, according to RBI data released on Friday.

Dec 31, 2022

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