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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 >
Mumbai (Maharashtra) [India], September 29 (ANI): The stock market opened flat in green on Monday after a sharp correction last week, as investor sentiment remained weak due to U.S. President Donald Trump's tariff policies on pharma and their impact on India. The benchmark Nifty 50 index opened at 24,728.55, gaining 73.85 points or 0.30 per cent, while the BSE Sensex started the day at 80,588.77 with an increase of 162.31 points or 0.20 per cent. Market experts noted that this week will see he ...Read More >
Kolkata: The government's recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, experts said. Indirect Tax Expert at LexVed Vedika Agrawal said the GST circular 251 makes it clear that financial or commercial credit notes - those issued without GST - do not require distributors to reverse their input tax credit (ITC). Input tax credit is the tax a business unit pays on i ...Read More >
Mumbai: Demand for fashion and electronics saw a 15-20% jump in sales over the weekend after the government slashed GST rates on consumer goods, triggering a surge in spending particularly in northern and southern regions although heavy rains dampened turnout in parts of the east and west. The GST that took effect on Monday in categories including clothing, electronics, footwear, and groceries were aimed at reviving household spending. The timing also coincided with the onset of the festive sea ...Read More >
New Delhi [India], May 18 : New Delhi [India], May 18 : The key indices of the domestic equity ... New Delhi [India], May 18 : New Delhi [India], May 18 : The key indices of the domestic equity market ended in the negative territory, extending the loss for the third consecutive day, amid fresh selling. Some profit bookings were seen after the recent bull run. Sensex and Nifty lost around 0.2-0.3 per cent each. "Positive developments in debt-ceiling negotiations in the US had a favourable impa ...Read More >
Mumbai, Sep 26 (SocialNews.XYZ) The Indian equity benchmarks ended this week with the steepest weekly decline in six months, as well as registering a sixth consecutive session of decline -- amid concerns over H-1B visa fee hike and US pharma tariffs. Nifty and Sensex ended with a decline of around 2.50 per cent and 2.54 per cent, respectively, even as IT and pharma sectors came under selling pressure. Midcap and small-cap indices witnessed even higher selling pressure due to stretched valuatio ...Read More >
Reliance Consumer Products Limited has signed a significant agreement. The agreement is worth Rs 40,000 crore with the Food Processing Industries Ministry. The aim is to establish integrated food manufacturing facilities across India. RCPL will invest over Rs 1,500 crore in Maharashtra and Andhra Pradesh. The company aims to become India's largest FMCG company. Reliance Consumer Products Ltd (RCPL) on Thursday signed a Rs 40,000-crore agreement with the Food Processing Industries Ministry to es ...Read More >
Dehradun (Uttarakhand) [India], September 26 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami participated in an awareness program organised in Patel Nagar, Dehradun, on Friday as part of the 'GST Bachat Utsav.' During the event, the Chief Minister interacted with traders and local residents to gather feedback on the benefits of the reduced GST rates. He stated that under the leadership of Prime Minister Narendra Modi, a new era of economic reforms has commenced in the country, and the red ...Read More >
Dehradun (Uttarakhand) [India], September 26 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami participated in an awareness program organised in Patel Nagar, Dehradun, on Friday as part of the GST Bachat Utsav. During the event, the Chief Minister interacted with traders and local residents to gather feedback on the benefits of the reduced GST rates. He stated that under the leadership of Prime Minister Narendra Modi, a new era of economic reforms has commenced in the country, and the reduc ...Read More >
Dehradun (Uttarakhand) [India], September 26 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami participated in an awareness program organised in Patel Nagar, Dehradun, on Friday as part of the "GST Bachat Utsav." During the event, the Chief Minister interacted with traders and local residents to gather feedback on the benefits of the reduced GST rates. He stated that under the leadership of Prime Minister Narendra Modi, a new era of economic reforms has commenced in the country, and the red ...Read More >
Mumbai, Sep 26 (SocialNews.XYZ) The Indian equity market ended the week on a negative note on Friday amid weak global cues and fresh US tariffs on certain pharmaceuticals imports. Nifty Pharma fell 470 points or 2.14 per cent. Sensex ended the session at 80,426.46, down 733.22 points or 0.90 per cent. The 30-share index started the session a bit lower at 80,956.01 against last session's closing of 81,159.68. The index further extended the loss amid overall selling to hit an intraday low of 80,3 ...Read More >
Crisil Ratings says that two-thirds of FMCG acquisitions in past five years were D2C, aiding premiumisation and growth while supporting startups. Companies like, ITC, HUL and Marico are leading the acquisiton spree Around two-thirds of acquisitions by FMCG players in the past five fiscals have been in the D2C (direct-to-consumer) space, offering established players a boost to growth and expansion into premium segments while enabling the acquired entities to mitigate challenges of scalability an ...Read More >
CHENNAI: Tamil Nadu Industries Minister TRB Rajaa on Tuesday announced that Reliance Consumer Products Limited (RCPL) will set up an integrated food and FMCG manufacturing facility in Thoothukudi district, marking the conglomerate's next major investment in the state. The company will invest ₹1,156 crore to develop the 60-acre facility at the SIPCOT Allikulam Industrial Park. The plant will produce a range of products -- including packaged snacks, biscuits, spices, wheat flour and edible oils - ...Read More >
The Centre is closely monitoring e-commerce platforms to ensure that the recent GST rate cuts on FMCG items are being passed on to consumers. Field formations are tracking price changes, with a first report due by September 30. The government is closely monitoring whether the recent Goods and Services Tax (GST) reduction on fast-moving consumer goods (FMCG) is being reflected in lower prices on e-commerce platforms, sources told PTI on Tuesday. This comes after reports emerged that some online ...Read More >
MUMBAI: The domestic equity indices settled flat on Tuesday amid persistent selling in IT stocks amid buying in the auto and financial services sectors. Sensex ended the session at 82, 102.10, down 57.87 points or 0.07 per cent. The 30-share index started the session flat at 82, 147.37 against last session's closing of 82, 159.97. The index remained range-bound amid selling in IT and FMCG stocks. Nifty closed at 25, 169.50, down 32.85 points or 0.13 per cent. "The markets experienced signific ...Read More >
Mumbai: Benchmark stock indices Sensex and Nifty closed lower for the third consecutive day on Tuesday in a volatile trade, dragged by selling in IT and blue-chip private banking shares and foreign fund outflows amid concerns over the steep hike in US H-1B visa fees. After oscillating between gains and losses during the day, the 30-share BSE Sensex closed lower by 57.87 points or 0.07 per cent at 82,102.10. During the day, it hit a high of 82,370.38 and a low of 81,776.53, fluctuating by 593.85 ...Read More >
Mumbai, Sep 23 (SocialNews.XYZ) The domestic equity indices settled flat on Tuesday amid persistent selling in IT stocks amid buying in the auto and financial services sectors. Sensex ended the session at 82,102.10, down 57.87 points or 0.07 per cent. The 30-share index started the session flat at 82,147.37 against last session's closing of 82,159.97. The index remained range-bound amid selling in IT and FMCG stocks. Nifty closed at 25,169.50, down 32.85 points or 0.13 per cent. "The markets ...Read More >
Mumbai: Indian stock markets closed with small losses on Tuesday. The Nifty 50 ended the day 33 points lower at 25,170, and the Sensex fell by 58 points to close at 82,102. While most sectors saw mild declines, banking stocks stood out, closing with strong gains. Bank Nifty Gains, Smallcap Outperforms Midcap The Nifty Bank index jumped 225 points, or 0.41 percent, to close at 55,509, showing strength in the financial sector. On the broader market front, BSE Midcap stocks dropped 133 points (0. ...Read More >
New Delhi, Sep 16 (PTI) Insurance companies will not be able to claim input tax credit on GST paid on inputs like commissions and brokerages for individual health and life insurance policies with effect from September 22, the CBIC said on Tuesday. The Central Board of Indirect Taxes and Customs (CBIC) has issued a set of FAQs clarifying on the taxation of various goods and services when the new GST slabs kick in from September 22. The GST Council in its meeting on September 3 had decided to ex ...Read More >
MUMBAI: The Indian equity indices experienced a sharp rally on Tuesday, buoyed by the resumption of India-US trade talks and Fed rate cut expectations. Sensex closed at 82, 380.69, up 594.95 points or 0.73 per cent. The 30-share index started the session slightly up at 81, 852.11 against last session's closing of 81, 785.74. The index extended the momentum further following value buying across the segments, excluding FMCG, amid positive global cues. It touched an intraday high at 82, 443.48. N ...Read More >
Mumbai, Sep 16 (SocialNews.XYZ) The Indian equity indices experienced a sharp rally on Tuesday, buoyed by the resumption of India-US trade talks and Fed rate cut expectations. Sensex closed at 82,380.69, up 594.95 points or 0.73 per cent. The 30-share index started the session slightly up at 81,852.11 against last session's closing of 81,785.74. The index extended the momentum further following value buying across the segments, excluding FMCG, amid positive global cues. It touched an intraday h ...Read More >
MUMBAI: The Indian benchmark indices opened higher on Tuesday amid mixed global cues, as US Chief Negotiator Brendan Lynch arrived in India to resume trade negotiations between the two nations. As of 9.25 am, the Sensex was up 184 points or 0.23 per cent at 81, 970, and the Nifty was up 47 points or 0.19 per cent at 25, 117. The broadcap indices outperformed benchmark indices, as Nifty Midcap 100 inched up by 0.26 per cent, and the Nifty Small cap 100 moved up 0.70 per cent. Kotak Mahindra, A ...Read More >
Mumbai, Sep 15 (SocialNews.XYZ) The domestic benchmark indices closed slightly lower on Monday as investors remained cautious ahead of the US Fed policy meeting. The equity indices remained range-bound amid optimism around strong domestic consumption due to the GST overhaul. Sensex settled at 81,785.74, down 118.96 points or 0.15 per cent. The 30-share index started the session flat at 81,925.51 against the last session's closing of 81,904.70. The index remained range-bound, hitting intraday hi ...Read More >
Mumbai (Maharashtra) [India], September 15: Shreeji Shipping Global Limited (NSE: SHREEJISPG, BSE: 544490), is a shipping logistics company focusing on dry-bulk cargo, has announced its unaudited financial results for Q1 FY25-26. Also Read | WWE Wrestlepalooza 2025 Match Card: Check List of Matches To Take Place in PLE at Gainbridge Fieldhouse in Indianapolis. Financial Highlights for the quarter ended June 30th, 2025 (Q1 FY26): * Revenue from Operations of the company stood at ₹161.19 Crore ...Read More >
Domestic equities marked a second consecutive week of gains, propelled by a surge in IT stocks following positive remarks from Donald Trump on India and Infosys' share buyback announcement. The NSE Nifty closed above 25,000, fueling optimism for further gains, while the Volatility Index declined, signaling reduced market risk. Domestic equities posted gains for a second week, led by upsides in beaten-down information technology (IT) shares following Donald Trump's conciliatory remarks on India ...Read More >
New Delhi [India], September 15 (ANI): Indian stock markets opened almost flat in green on Monday as investors remained cautious ahead of several key monetary policy decisions scheduled this week by global central banks. The Nifty 50 index opened at 25,118.90, registering a marginal gain of 4.90 points or 0.02 per cent. The BSE Sensex also moved slightly higher, opening at 81,925.51 with a gain of 20.81 points or 0.03 per cent. Market experts noted that this week is crucial as 16 central banks ...Read More >
New Delhi [India], September 15 (ANI): Indian stock markets opened almost flat in green on Monday as investors remained cautious ahead of several key monetary policy decisions scheduled this week by global central banks. The Nifty 50 index opened at 25,118.90, registering a marginal gain of 4.90 points or 0.02 per cent. The BSE Sensex also moved slightly higher, opening at 81,925.51 with a gain of 20.81 points or 0.03 per cent. Market experts noted that this week is crucial as 16 central banks ...Read More >
KOCHI: In a significant push for the state's ambition to attract major investment projects, Bengaluru-based RCC Nutrafill will establish a food processing and life sciences products manufacturing facility at the KSIDC Industrial Park in Angamaly, Ernakulam. The H100-crore facility is slated to generate 500 direct and indirect jobs. RCC Nutrafill director Sai Devarajulu Prasad told TNIE, "The facility will include cold storage, warehousing, and R&D facilities along with the manufacturing of prod ...Read More >
Lucknow: With the efforts of the Yogi government, Uttar Pradesh has now emerged as the new epicentre of investment and industrial growth. This will also be reflected during the Uttar Pradesh International Trade Show (UPITS) 2025. As per the master exhibition layout of the mega show to be held at India Expo Mart, Greater Noida, large space has been allotted for the state's priority, rising, and champion services sectors. As per the layout plan, Halls 1 to 8 and Hall 15 have been allocated for B2 ...Read More >
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) is set to hold a meeting with industry associations and trade bodies to discuss the implementation of recent GST reforms and rate rationalisation. CBIC chief Sanjay Kumar Agarwal has also urged field formations for proactive outreach to assist businesses in ensuring a smooth transition. Starting Wednesday, the meeting will bring together key ministries and sectors to facilitate seamless implementation, address technical queries, an ...Read More >
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