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New Delhi, Sep 29 (SocialNews.XYZ) India's index of industrial production (IIP) in August showed strong growth in infrastructure and primary goods, experts said on Monday, highlighting a steady recovery in the mining, electricity, and capital-intensive sectors. According to Hemant Jain, President of PHD Chamber of Commerce and Industry (PHDCCI), IIP grew at 4 per cent in August -- marking a seven-month high, driven by strong recovery in the mining and electricity sectors. The mining sector gre ...Read More >
NEW DELHI, Sept. 29 (Xinhua) -- India's factory activity growth, determined by the Index of Industrial Production (IIP), grew 4.0 percent in August, the government data showed Monday. "The IIP growth rate for August 2025 is 4.0 percent, which was 3.5 percent (quick estimate) in July 2025," reads the data issued by the federal ministry of statistics and programme implementation (MoSPI). "The growth rates of the three sectors, mining, manufacturing and electricity for August 2025 are 6.0 percent, ...Read More >
New Delhi, Sep 29 (PTI) India's industrial production grew at 4 per cent in August, mainly due to better performance by the mining sector, according to government data released on Monday. The Index of Industrial Production (IIP) growth rate for July has been revised upwards to 4.3 per cent from the earlier estimate of 3.5 per cent. In August 2024, the IIP recorded flat growth. "With the mining sector growth at 6 per cent, the All India Index of Industrial Production (IIP) recorded a 4 per cent ...Read More >
Mumbai, Sep 29 (PTI) Benchmark stock indices Sensex and Nifty closed marginally lower in a volatile session on Monday, extending their downtrend to the seventh day mainly due to selling in banking shares and persistent foreign fund outflows ahead of the RBI's interest rate decision later this week. After gyrating between gains and losses in a restricted trade, the 30-share BSE Sensex declined 61.52 points or 0.08 per cent to settle at 80,364.94. During the day, it hit a high of 80,851.38 and a ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) India's industrial growth, based on the Index of Industrial Production (IIP), accelerated 4 per cent in August this year driven by a strong performance in the mining sector, according to data released by the Ministry of Statistics on Monday. The industrial growth rate has accelerated for the second month in a row from a four-month high of 3.5 per cent in July which in turn had surged from 1.5 per cent in June. The mining sector bounced back with a strong grow ...Read More >
Mumbai, Sep 29 (SocialNews.XYZ) The Indian equity indices opened higher on Monday with a rise in heavyweight stocks, as the key RBI MPC meeting began to decide on the repo rate. At 9.22 am, Sensex was up 108 points or 0.14 per cent at 80,534 and Nifty was up 30 points or 0.12 per cent at 24,685. Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 302 points or 0.54 per cent at 56,680 and Nifty smallcap 100 index was up 90 points or 0.51 per cent at 17,651. Among t ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) In a major relief for the pharma sector, the government has dismissed the mandatory rule for drug manufacturers to recall, or re-label medicines already released in the market before September 22, the Department of Pharmaceuticals said. This follows the latest revision in Goods and Services Tax (GST) rates early this month by the GST Council, which reduced the GST on medical devices to 5 per cent from 12 per cent. The National Pharmaceutical Pricing Authority ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty surged on Friday in line with a global market rally amid rising hopes that the US Federal Reserve will cut interest rates next week. Optimism over a successful conclusion of India-US trade talks has also fuelled a rally in markets. Rallying for the fifth day in a row, the 30-share BSE Sensex jumped 355.97 points or 0.44 per cent to settle at 81,904.70. During the day, it surged 444.12 points or 0.54 per cent to 81,992.85. The 50-share NSE Nifty r ...Read More >
Mumbai (Maharashtra) [India], July 20 (ANI): Participants in the Indian stock markets will closely monitor ongoing tariff-related discussions, high-frequency indicators from both the US and India, two consecutive declines in foreign exchange reserves, and the earnings of companies. According to market analysts, the first trading day of the market will be crucial, as investors will react to the first-quarter results of heavyweights such as Reliance Industries, HDFC Bank, and ICICI Bank. Going a ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full ...Read More >
Mumbai, Jul 18: Benchmark Sensex tanked 501 points while Nifty closed below the 25,000 mark on Friday due to selling in banking shares after muted quarterly earnings and foreign fund outflows. Falling for the second straight day, the 30-share BSE Sensex declined by 501.51 points or 0.61 per cent to settle at 81,757.73. During the day, it shed 651.11 points or 0.79 per cent to hit a low of 81,608.13. The 50-share NSE Nifty dropped 143.05 points or 0.57 per cent to close at a month's low of 24,9 ...Read More >
New Delhi [India], July 16 (ANI): India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports, as anticipated by ICICI Bank Global Markets in its latest report. The report attributes the sluggish growth in merchandise exports largely to tepid demand from non-US markets. While shipments to the US have held up due to the front-loading o ...Read More >
Mumbai (Maharashtra) [India], July 11 (ANI): Indian stock markets on Friday ended on a negative note due to a sober start to the first quarter earnings season and a ramp-up in the tariff threat by the US of 35 per cent on goods imported in the US from Canada. At close, the Sensex was down 689.81 points or 0.83 per cent at 82,500.47, and the Nifty was down 205.40 points or 0.81 per cent at 25,149.85. During the trading session on the last day of the week, TCS, Bajaj Auto, M&M, Hero MotoCorp, an ...Read More >
Mumbai (Maharashtra) [India], July 11 (ANI): Indian stock markets on Friday ended on a negative note due to a sober start to the first quarter earnings season and a ramp-up in the tariff threat by the US of 35 per cent on goods imported in the US from Canada. At close, the Sensex was down 689.81 points or 0.83 per cent at 82,500.47, and the Nifty was down 205.40 points or 0.81 per cent at 25,149.85. Also Read | Shikhar Dhawan Lauds Harmanpreet Kaur-Led India Side for Historic T20I Series Win i ...Read More >
Foreign investors put in ₹14,590 crore in the country's equity market in June, marking the third straight month of investment, supported by improving global liquidity conditions, easing geopolitical tensions, and a rate cut by the Reserve Bank of India. However, foreign portfolio investors (FPIs) turned net sellers in July and pulled out ₹1,421 crore in the first week of the month, data with the depositories showed. U.S. tariffs on European goods threaten to shake up world's largest two-way ...Read More >
Mumbai, July 3: India Inc has shown remarkable financial strength over the last five years, with corporate profits growing nearly three times faster than the country's GDP between FY20 and FY25, a new report said on Thursday. The profit-to-GDP ratio has risen significantly to 6.9 per cent -- reflecting strong earnings performance despite economic challenges, according to the data compiled by Ionic Wealth (Angel One). The report, titled 'India Inc. FY25: Decoding Earnings Trends & Path Ahead', ...Read More >
Mumbai, Jul 2 (PTI) Benchmark BSE Sensex declined by 287 points on Wednesday due to profit selling in HDFC Bank, L&T and Reliance Industries shares and caution ahead of the impending US tariff deadline. Paring its early gains, the BSE Sensex closed lower by 287.60 points or 0.34 per cent at 83,409.69. During the day, it dropped 546.52 points or 0.65 per cent to 83,150.77. The 50-share NSE Nifty declined by 88.40 points or 0.35 per cent to settle at 25,453.40. Flight of foreign capital from eq ...Read More >
New Delhi: Activity in the country's manufacturing sector rose to a 14-month high in June as new orders, including those from overseas, surged, triggering a record upturn in employment, results of a survey showed on Friday.The HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to 58.4 in June, up from 57.6 in May. The headline figure was above its long-run average of 54.1 and pointed to a robust improvement in health of the sector. The 50-point mark separates expansion from contracti ...Read More >
New Delhi: India's manufacturing activity rose to a 14-month high of 58.4 in June, driven by strong growth in output and new orders, a private survey showed. The HSBC Purchasing Managers Index (PMI), compiled by S&P Global, was 57.6 in May and 58.3 in June 2024. The manufacturing sector closed the first quarter of the current fiscal year on a strong note, with an average PMI reading of 58.1. It was 57.4 in the previous quarter and 58.2 a year earlier. "Robust end-demand fuelled expansions in ...Read More >
New Delhi [India], July 1 (ANI): India's manufacturing sector ended the first quarter of the financial year on a high note, as shown by the HSBC India Manufacturing Purchasing Managers' Index (PMI), which rose to 58.4 in June from 57.6 in May. According to HSBC, this is the highest level in 14 months and well above the long-term average of 54.1, indicating a strong improvement in business conditions. One of the key highlights in June was a sharp rise in international orders. Export demand incr ...Read More >
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More >
New Delhi: Industrial output growth slowed to a nine-month low in May as electricity and mining sectors contracted sharply and the key manufacturing sector remained sluggish. This points to some pain for the vital sector against the backdrop of global uncertainties.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production (IIP) rose by 1.2% in May lower than the 2.6% in April and below the 6.3% recorded in May last year. The early onset of the mons ...Read More >
India's Index of Industrial Production (IIP) grew by 1.2 percent in May 2025 compared to the same month in the previous year, according to the Quick Estimates released by the Ministry of Statistics and Programme Implementation. This modest uptick was powered largely by a 2.6 percent growth in the manufacturing sector, which offset contractions in both mining and electricity output. The IIP for May 2025 stood at 156.6, up from 154.7 in May 2024. Sector-wise, the manufacturing index rose to 154.3 ...Read More >
New Delhi [India], June 30 (ANI): Industrial production activity in India moderated month-on-month with the Index of Industrial Production (IIP) growing 1.2 per cent in May, against 2.7 per cent recorded in April, according to the Ministry of Statistics and Programme Implementation data. In May, the growth rates of the three sectors, Mining, Manufacturing and Electricity the were (-) 0.1 per cent, 2.6 per cent, and (-) 5.8 per cent, respectively. Also Read | 'I Stand Firmly With Diljit': Actor ...Read More >
New Delhi: Foreign Portfolio Investors (FPIs) are on course to become net buyers in Indian stock markets for the third straight month in June. In January, February, and March, they were net sellers throughout. Since April, however, they have turned net buyers in Indian equities. The latest data from the National Securities Depository Limited (NSDL) shows that FPIs have bought stocks worth ₹8,915 crore in June so far. In April and May, FPIs accumulated stocks worth ₹4,223 crore and ₹19,860 crore ...Read More >
Mumbai, June 29 (SocialNews.XYZ) The foreign institutional investors' (FIIs) buying, through the exchange and primary market and others category, stood at Rs 8,915 crore this month (till June 27), analysts said on Sunday. Ceasefire between Israel and Iran and the sharp decline in crude triggered a risk-on in global equity markets. Along with this favourable investment scenario, dollar continued to decline and the dollar index dipped to sub-97 level. "Declining dollar is always a positive for e ...Read More >
Mumbai, June 6: Benchmark indices Sensex and Nifty surged nearly 1 per cent on Friday, driven by a rally in rate-sensitive sectors following the Reserve Bank's jumbo rate cut of 50 basis points. Market analysts said in light of benign inflation forecasts, RBI has taken steps to boost growth. A 50 bps repo rate cut supported by phased 100 basis points CRR cut will boost growth and lower the borrowing costs. The policy is broadly positive for growth and investment in a challenging global macro en ...Read More >
Katra: Prime Minister Narendra Modi on Friday flagged off a Vande Bharat train service between Katra and Srinagar in Jammu and Kashmir, the first train connection between the Kashmir valley and the Jammu region. Modi inaugurated the train in the presence of Railway Minister Ashwini Vaishnaw, Jammu and Kashmir LG Manoj Sinha, and Chief Minister Omar Abdullah, among others. Earlier, the PM inaugurated the Chenab Railway Bridge, the world's tallest rail bridge, and Anji Khad Bridge, the country's ...Read More >
NEW DELHI: Indian equities surged sharply after the Reserve Bank of India (RBI) delivered a larger-than-expected 50 basis points repo rate cut, reducing it to 5.5% in today's Monetary Policy Committee (MPC) meeting. The move, led by Governor Sanjay Malhotra, exceeded market expectations of a modest 25 basis points cut, thus fueling a broad-based rally. The BSE Sensex zoomed by about 800 points to trade above 82,200 level while the NSE Nifty surge more than 250 points to trade around 25,000 leve ...Read More >
Mumbai, Dec 18 (PTI) Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Besides, investor sentiment remained subdued ahead of the outcome of the US Federal Reserve's policy meeting, scheduled for Wednesday, traders said. The 30-share BSE benchmark tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day ...Read More >
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