Business news

Sensex trades lower amid weak global cues

Share market ends lower, Sensex settles at 81,508 pts

The Indian stock market closed in red on Monday as selling was seen in the FMCG sector, amid market sentiment being influenced by mixed global cues.

Dec 9, 2024

Adani Group to invest Rs 7.5 lakh crore in Rajasthan towards key infra projects

The Adani Group on Monday announced investments of Rs 7.5 lakh crore in Rajasthan over the next five years to fund several key infrastructure projects.

Dec 9, 2024

NRAI cautions restaurants about risks of deep discounting for In-Dining Services

The National Restaurant Association of India (NRAI) has issued a stark warning to restaurants about the potential long-term adverse effects of in-dining deep discount programmes and aggregator payment platforms.

Dec 9, 2024

UPI sets new record with 16.58 billion transactions worth Rs 23.5 lakh crore in Oct

UPI provided credit access to poor, fuelled equitable growth: Study

India's Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth by enabling underserved groups, including subprime and new-to-credit borrowers to access formal credit for the first time, according to a new study by IIM and ISB professors.

Dec 8, 2024

Sensex trades higher before RBI MPC outcome

Indian stock market maintains positive outlook as RBI turns more realistic

Amid a positive turnaround from foreign institutional investors (FIIs) to India, the Indian stock market maintained a positive outlook throughout the week as the core sector output in October and stability in service PMI data showed signs of recovery

Dec 7, 2024

How Industrial Engineering Expert Onkar Nerkar is Leading Change in Global Manufacturing

Onkar Nerkar says The core of lean manufacturing is respect for every individual. When you respect each link in the chain, you find ways to make every step more efficient and meaningful

Dec 7, 2024

Centre gears up to make hallmarking mandatory for gold bullion

Centre prepares to Mandate Hallmarking for Gold Bullion

The Indian government is preparing to make hallmarking mandatory for gold bullion. This announcement was made by Consumer Affairs Secretary, Nidhi Khare, at the Gems and Jewellery Conference organized by the Confederation of Indian Industry (CII) in New Delhi.

Dec 6, 2024

Sensex closes up by 236 pts, NTPC and Kotak Mahindra Bank top gainers

Share market ends flat; Sensex settles at 81,709 after RBI MPC decisions

The Indian stock market closed flat on Friday after the announcement of the RBI's Monetary Policy Committee (MPC) decisions on repo and CRR rates, as selling was seen in IT, financial services, and pharma sectors and buying was seen in auto and metal stocks.

Dec 6, 2024

Indian real estate registers $2.5 bn in investments in Q2

More than 3 lakh homes worth Rs 5.1 lakh crore to be sold in 2024 in India

More than 3 lakh homes worth Rs 510,000 crore across 485 million square feet are expected to be sold by the end of this year, according to a new report.

Dec 6, 2024

Govt doubles FCI's authorised capital to Rs 21,000 cr in big boost to farm sector

RBI raises limit of collateral-free agriculture loans to Rs 2 lakh

The Reserve Bank of India (RBI) has decided to raise the limit for collateral-free agriculture loans from Rs 1.6 lakh to Rs 2 lakh to enhance coverage of small and marginal farmers and permit small finance banks to extend pre-sanctioned credit lines through UPI to small borrowers to ensure greater financial inclusion.

Dec 6, 2024