Markets

Unified Payments Interface (UPI)

Benefits of digital payments reflect in rapid decline of cash transactions, says RBI economist

In the last three years, digital transactions have surged in such a fashion in India that cash usage, which still accounts for 60 per cent of consumer expenditure (as of March 2024) is rapidly declining, according to a paper by the Reserve Bank of India (RBI) economist.

Oct 24, 2024

Ola electric

Ola Electric's stock may trade below its debut price of Rs 76, no respite seen

Facing a barrage of customer complaints amid poor after-sale service, Bhavish Aggarwal-run Ola Electric saw its stock plummet to a record low on Wednesday -- below Rs 80 apiece in the morning trade -- as market experts said the share may soon trade below its debut price of Rs 76.

Oct 23, 2024

Sensex down more than 500 points

Sensex ends lower, market trend remains positive

The Indian stock market closed marginally low on Wednesday as selling was seen in auto, pharma, and metal sectors.

Oct 23, 2024

Unified Payments Interface (UPI)

Cash transactions decline rapidly in India as digital payments surge: RBI economist

In the last three years, digital transactions have surged in such a fashion in India that cash usage, which still accounts for 60 per cent of consumer expenditure (as of March 2024) is rapidly declining, according to a paper by the Reserve Bank of India (RBI) economist.

Oct 23, 2024

Market

Indian share market opens flat, HDFC Bank and TCS among top gainers

The Indian stock market opened flat on Wednesday as buying was seen in the IT, financial services, FMCG and metal sectors in the early trade.

Oct 23, 2024

Paytm sells entertainment ticketing business to Zomato for Rs 2,048 crore

Zomato clocks over 30 pc net profit loss in Q2, to raise Rs 8,500 crore via QIP

Online food aggregator Zomato on Tuesday reported over 30 per cent loss in net profit at Rs 176 crore (quarter-on-quarter) in the July-September period, from Rs 253 crore in the previous quarter (Q1 FY25).

Oct 22, 2024

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Sensex opens in green but slips by 443 points

The Indian stock market opened in green on Tuesday as buying was seen in the IT and pharma sectors in early trade.

Oct 22, 2024

muhurat trading samvat 2073 bse nse trading india stock exchanges top picks diwali dhanteras 2016 celebrations sensex nifty

Market Closure: Sensex and Nifty drop lower, Tata Consumer and Kotak Mahindra Bank top losers

The Indian stock market closed in red on Monday as IT and PSU banks remained under pressure at the end of trading.

Oct 21, 2024

sensex

Indian Stock Market : Long-term outlook for domestic market remains robust amid geopolitical risks

Despite a sustained selling pressure from the foreign institutional investors (FIIs) amid geo-political tensions this week, the long-term outlook for the domestic market remains robust with a stability in growth and a pickup in capex.

Oct 19, 2024

Sensex trades lower amid weak global cues

Stock market opens in red, trades low amid weak geopolitical sentiments

The Sensex was trading at 80,752.18 after slipping 254.43 points or 0.31 per cent.

Oct 18, 2024

Infosys stock falls as company disputes Rs 32,000 crore GST notice

IT major Infosys posts 4.7 pc increase in Q2 net profit at Rs 6,506 crore

IT major Infosys on Thursday reported a 4.7 per cent increase in net profit (year-on-year) in the July-September period (Q2 FY25) to Rs 6,506 crore from Rs 6,212 crore in the year-ago quarter.

Oct 17, 2024

India's readymade garment exports surge despite global headwinds: AEPC

India's readymade garment exports surge despite inflationary pressure: AEPC

India's readymade garment (RMG) exports recorded high growth of 17.3 per cent despite global headwinds and continued inflationary pressure, the Apparel Export Promotion Council (AEPC).

Oct 17, 2024

India poised to lead emerging markets, cement its position in global economy by 2035: S&P Global

India set to become 3rd largest by 2030, likely dominate emerging markets by 2035: S&P report

S&P Global predicts India to be the fastest-growing major economy and the third-largest globally by 2030. India's entry into JP Morgan's Government Emerging Market Bond Index is expected to unlock significant domestic capital market resources.

Oct 17, 2024

Sensex trades lower

Stock markets open in green but slip into red soon; Sensex down 281 points

The Sensex began trading at 81,707.38 after rising 206.02 points or 0.25 per cent in early trade but lost 281 points soon reaching 81,219.47 points as of 10:45 a.m.

Oct 17, 2024

Sensex plunges 318 pts, Infosys and JSW Steel top losers

Sensex plunges 318 pts, Infosys and JSW Steel top losers

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

Oct 16, 2024

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