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Mumbai: The Indian benchmark indices opened higher on Thursday, buoyed by positive global cues and strong buying interest in the IT, pharma, and auto sectors during early trade. At around 9.25 am, the BSE Sensex was trading 68.28 points or 0.08 per cent higher at 83,477.97, while the NSE Nifty rose 19.30 points or 0.08 per cent to 25,472.70. Analysts noted that markets are consolidating the recent bullish rectangle breakout, suggesting bulls are merely taking a breather as long as the 25,200-2 ...Read More >
Mumbai, July 3 (SocialNews.XYZ) The Indian benchmark indices opened higher on Thursday amid positive global cues, as buying was seen in the IT, pharma and auto sectors in the early trade. At around 9.25 am, Sensex was trading 68.28 points or 0.08 per cent up at 83,477.97 while the Nifty added 19.30 points or 0.08 per cent at 25,472.70. Analysts said they are only consolidating the bullish rectangle breakout and as long as the 25,200-25,270 area is protected, bulls are merely taking a breather. ...Read More >
July 2 (Reuters) - A shareholder in India's Nykaa (FSNE.NS), opens new tab, Hong Kong-based investor Harindarpal Singh Banga and his family, plan to sell stake worth 12.84 billion rupees ($149.93 million) in the beauty products retailer through a block deal, news portal NDTV Profit reported on Wednesday. The sale will likely be at a 4% discount to Nykaa's current market price, the report said, citing people aware of the development. Nykaa's shares closed 2.2% higher at 211.59 rupees. The compa ...Read More >
Mumbai: The Indian benchmark indices opened higher on Tuesday amid positive global cues, as buying was seen in the auto and IT sectors in the early trade. At around 9.26 am, Sensex was trading 188.66 points or 0.23 per cent up at 83,795.12 while the Nifty added 54.80 points or 0.21 per cent at 25,571.85 According to analysts, with the US market setting new record highs, the global equity market mood is positive and West Asian geopolitics is no longer a threat to global economy. "Going forward, ...Read More >
New Delhi: On July 1, 2025, the Goods and Services Tax (GST) will complete eight years since its rollout. It was introduced in 2017 as a major step towards economic integration. GST replaced a maze of indirect taxes with a single and unified system. It made tax compliance easier, reduced costs for businesses and allowed goods to move freely across states. According to the government, by improving transparency and efficiency, GST helped lay the foundation for a stronger and more integrated econom ...Read More >
MUMBAI: The BJP rushed to the defence of the state government over its decision to introduce Hindi as an optional language for Classes 1 to 5 after the Thackeray cousins announced their decision to hold a joint morcha against "imposition" of Hindi in state schools.CM Devendra Fadnavis on Friday said Marathi is compulsory, Hindi is optional. "Basically, students can learn any Indian language. We have accepted the three-language policy. When NE was introduced, the Uddhav Thackeray govt was in offi ...Read More >
Kolkata: After a 54% jump in salary in 2023-24, the remuneration of ITC chairman Sanjiv Puri remained almost flat in 2024-25, per the annual report of the FMCG, tobacco and agri major.Puri's total remuneration was Rs 25.6 crore in 2024-25, compared to Rs 25.2 crore in 2023-24. In FY25, his basic salary was Rs 3.5 crore, perquisites Rs 73 lakh and performance incentive Rs 21.4 crore.Puri drew a basic salary of Rs 3.1 crore, perquisites and other benefits of Rs 57 lakh and a performance bonus of R ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a t ...Read More >
Kolkata: Consumer spending on ITC Ltd's fast-moving consumer goods (FMCG) grew at its slowest pace in over a decade in the last fiscal year, according to the company's annual report released on Friday. Sales of ITC's daily necessity products such as packaged food, personal care, stationary, agarbatti and safety matches grew just 4.6% year on year in 2024-25 - to ₹34,000 crore - compared with annual growth range of 9-21% in the last 10 years. While the company's FY25 annual report did not specif ...Read More >
Following the complaint, all three accused -- Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukherjee (20) -- were arrested between Thursday evening and early Friday morning. | Credit: X@BJP The alleged gangrape of a 24-year-old student at the South Calcutta Law College in Kolkata earlier this week has ignited protests and a political storm in West Bengal. According to the police, the incident took place on the evening of June 25 between 7.30 pm and 10.50 pm on the college premises in Kasba. ...Read More >
New Delhi, Jun 6 (PTI) The reduction in import duty on edible oils, including palm, soya and Sunflower, is going to help FMCG companies improve their margins and stabilise their input costs, according to experts. Palm Oil, which the FMCG companies use as a key ingredient for the manufacturing of soaps and even food products, will also help cool down consumer monthly inflation, experts said. Also Read | How To Activate Your UAN Online? Step-by-Step Guide As EPFO Extends Activation Deadline to J ...Read More >
New Delhi, Jun 6 (PTI) The reduction in import duty on edible oils, including palm, soya and Sunflower, is going to help FMCG companies improve their margins and stabilise their input costs, according to experts. Palm Oil, which the FMCG companies use as a key ingredient for the manufacturing of soaps and even food products, will also help cool down consumer monthly inflation, experts said. The move will not only benefit the food companies, for which palm oil is almost 25-30 per cent of their ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The domestic benchmark indices opened flat on Friday ahead of the key RBI monetary policy committee (MPC) decision on the repo rate, as buying was seen in the IT and PSU bank sectors in the early trade. In today's monetary policy, the RBI is likely to cut policy rates by 25 bps, which has already been factored in by the stock market. At around 9.23 am, Sensex was trading 82.43 points or 0.10 per cent down at 81,359.61 while the Nifty declined 7.70 point or 0.03 ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The domestic benchmark indices opened flat on Friday ahead of the key RBI monetary policy committee (MPC) decision on the repo rate, as buying was seen in the IT and PSU bank sectors in the early trade. In today's monetary policy, the RBI is likely to cut policy rates by 25 bps, which has already been factored in by the stock market. At around 9.23 am, Sensex was trading 82.43 points or 0.10 per cent down at 81,359.61 while the Nifty declined 7.70 point or 0.03 ...Read More >
Guwahati (Assam) [India], June 6 (ANI): As part of an initiative by the Department of Forest and Environment, Assam Chief Minister Himanta Biswa Sarma on Thursday attended the World Environment Day event held at Srimanta Sankardev Kalakshetra in Guwahati. He flagged off 129 vehicles allocated to the Forest and Environment Department to support ongoing environmental protection efforts. He also launched a dedicated web portal and distributed arms to the commandos of three battalions of the Assam ...Read More >
MUMBAI: Two promoter entities of financial services major Bajaj Finserv are set to sell nearly 2% of the company through block deals on Friday, aiming to raise about Rs 5,800 crore ($679 million). Bajaj Holdings & Investment and Jamnalal Sons have put 3.1 crore Bajaj Finserv shares on the block at a base price of Rs 1,880, as shown in the term sheet for the deal.Currently, the Bajaj family holds about 60.6% in the NBFC major. If the two entities sell the entire stake put on the block, the promot ...Read More >
Mumbai, May 28 (PTI) Stock markets declined for the second straight day with benchmark Sensex falling by 239 points, dragged by FMCG major ITC after British multinational BAT Plc trimmed its ownership in the conglomerate. The 30-share BSE barometer declined 239.31 points or 0.29 per cent to settle at 81,312.32. During the day, it lost 307.61 points or 0.37 per cent to 81,244.02. The 50-issue NSE Nifty dropped 73.75 points or 0.30 per cent to 24,752.45. Among Sensex stocks, ITC fell over 3 per ...Read More >
India anticipates an above-normal monsoon in 2025. The IMD confirmed an early monsoon arrival, crucial for agriculture and economic growth, with significant benefits for sectors like agrochemicals, auto, and FMCG. India is expected to witness an 'above-normal' monsoon in 2025, which could provide significant relief to the economy and policymakers. A healthy and well-distributed monsoon can help ease inflationary pressures and boost rural consumption. The India Meteorological Department (IMD) d ...Read More >
MUMBAI: The Indian stock markets bounced back strongly on Friday with both the Sensex and Nifty rising sharply during the intra-day trade after a cautious start. The rally was driven by positive global cues and heavy buying in the IT and FMCG stocks. The Sensex jumped 953 points, or 1.17 per cent, to hit an intra-day high of 81, 905. Meanwhile, the Nifty climbed 299 points, or 1.21 per cent, to cross the 24, 900 mark, reaching a high of 24, 909 during early trade. However, the market gave up s ...Read More >
Mumbai, Feb 5 (PTI) GST authorities have imposed penalties totalling Rs 115.86 crore on IndiGo, the airline said in a regulatory filing on Wednesday. According to the filing, the penalty order was passed on February 4. Of this, Rs 113.02 crore pertains to services provided to offshore recipients, which the goods and services tax (GST) authorities did not consider as "export of services", and denied input tax credit on certain services for FY18, FY19, and FY20 while the remaining Rs 2.84 crore ...Read More >
Mumbai, Feb 4 (UNI) The BSE Sensex on Tuesday jumped 1397.07 pts to close high at 78,583.81 on positive global cues, as the US paused its tariff on Canada and Mexico. The National Stock Exchange (NSE) gained 378.20 pts at 23,739.25. Tumbling down over 300 pts in the previous session, the Sensex opened on a strong note at 77,687.60, surging 501 pts. During the day, it spurted 1472 pts at 78,658, a days high, before closing at 78,583.81, up 1397.07 pts from its previous close. The Nifty registe ...Read More >
Mumbai, Feb 3 (PTI) Benchmark stock indices Sensex and Nifty closed lower on Monday tracking weak global markets amid concerns over US President Donald Trump imposing tariffs on some of its trading partners. The 30-share BSE Sensex declined 319.22 points or 0.41 per cent to settle at 77,186.74, snapping its five-day rally. Intra-day, it tumbled 749.87 points or 0.96 per cent to 76,756.09. The NSE Nifty declined 121.10 points or 0.52 per cent to 23,361.05. From Sensex shares, Larsen & Toubro, T ...Read More >
Mumbai, Dec 6 (IANS) The Indian stock market opened flat on Friday ahead of the announcement of the RBI's monetary policy committee (MPC) meeting. The market is keeping a close eye on the decision around repo and CRR rates. At around 9:23 am, Sensex was trading at 81,775.54 after gaining 9.68 points or 0.01 per cent, while the Nifty was trading at 24,712.35 after rising 3.95 points or 0.02 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1,500 stocks were tra ...Read More >
The holiday season is a time full of joy and excitement - and, for many, a bit of financial stress. But here's a secret: Your credit card could be the holiday helper you didn't even know you needed. Here's how your credit card can lighten the load this holiday season. Rack up rewards Many credit cards offer rewards on your purchases, typically in the form of points, miles or cash back. Because the holidays tend to be a time of heavy spending for some, you have the opportunity to really take a ...Read More >
Mumbai, Dec 17 (UNI) The BSE Sensex on Tuesday dropped another 1064.12 pts to settle at 80,684.45 as selling was witnessed in Telecommunications, Metal, and Energy stocks amid weak global cues. The National Stock Exchange (NSE) slipped 332.25 pts at 24,336. The BSE Sensex fell 237 pts to open at 81,511.81. It remained negative throughout the session. During the day it tanked 1136 pts at 80,612.20, a day low, before closing at 80,684.45, sinking 1064.12 pts from its previous close. The Nifty ...Read More >
Temasek-backed StarAgri, a leading post-harvest management services company, has filed its draft red herring prospectus with SEBI for raising ₹450 crore through initial public offering. The IPO will feature a fresh issue of shares worth ₹450 crore and an offer-for-sale of 2.69 crore shares. Among the key stakeholders, Claymore Investments (Mauritius) Pte, a Temasek Holdings subsidiary, will offload 1.19 crore shares, with the remaining shares offered by StarAgri's promoters. The company is a ...Read More >
Mumbai, Dec 13 (PTI) Benchmark indices Sensex and Nifty slumped on Friday morning dragged down by metal stocks, foreign fund outflows and weak global cues. The 30-share BSE benchmark Sensex tumbled 1,207.14 points to 80,082.82 in the late morning trade. The NSE Nifty tanked 367.9 points to 24,180.80. Also Read | Stock Market Today: Sensex, Nifty Fall More Than 1% As Global Risks Weigh on Market Sentiment. Among the 30-share Sensex blue-chip pack, JSW Steel, Tata Steel, IndusInd Bank, Bajaj Fi ...Read More >
Mumbai, Dec 13 (PTI) Benchmark indices Sensex and Nifty slumped on Friday morning dragged down by metal stocks, foreign fund outflows and weak global cues. The 30-share BSE benchmark Sensex tumbled 1,207.14 points to 80,082.82 in the late morning trade. The NSE Nifty tanked 367.9 points to 24,180.80. Among the 30-share Sensex blue-chip pack, JSW Steel, Tata Steel, IndusInd Bank, Bajaj Finserv, Axis Bank, Larsen & Toubro, ITC and Mahindra & Mahindra were the biggest laggards. Bharti Airtel and ...Read More >
Srinagar- Jammu and Kashmir has paid a whopping amount of Rs 37,273 crore as Goods and Services Tax (GST) from 2017 till November 2024, the government data revealed on Tuesday. During the period, the region has received Rs 59,611 crore in SGST, IGST settlements, and compensation payments. Jammu and Kashmir's annual GST collections have grown steadily, from Rs 2,320 crore in FY 2017-18 (July 2017 to March 2018) to Rs 6,704 crore in FY 2023-24. For the current fiscal year, the collections till ...Read More >
Markets opened on a cautiously optimistic note on Wednesday, with the Sensex and Nifty showing marginal gains, while investors closely monitored global economic indicators and upcoming domestic policy decisions. The Sensex opened higher at 81,036.22 from its previous close of 80,845.75 and is currently trading at 81,168.92 as of 9.45 am, up by 323.17 points or 0.40 per cent. Similarly, the Nifty opened at 24,488.75 compared to its previous close of 24,457.15 and is now at 24,558.20, rising by 10 ...Read More >
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