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New Delhi [India], September 24 (ANI): After meeting the target of 20 per cent ethanol blending in Petrol, the time has arrived when India should gear up for exporting ethanol given its surplus production in the country, Minister of Road Transport and Highways, Nitin Gadkari, said on Wednesday. "It is the time for India's futuristic development. We need to reduce our imports and increase our exports. As far as the surplus of ethanol, it is now the requirement of the country that we need to expo ...Read More >
Mumbai, Sep 24 (SocialNews.XYZ) The Indian equity indices ended the session in negative territory on Wednesday, continuing the losing streak this week amid persistent selling in IT stocks and profit booking in the auto, banking and financial services sectors. Sensex ended the session at 81,715.63, down 386.47 points or 0.47 per cent. The 30-share index opened slightly lower at 81,917.56 against the last session's closing of 82,102.10. The index slipped further amid selling across major sectors ...Read More >
MUMBAI: The Indian equity indices ended the session in negative territory on Wednesday, continuing the losing streak this week amid persistent selling in IT stocks and profit booking in the auto, banking and financial services sectors. Sensex ended the session at 81, 715.63, down 386.47 points or 0.47 per cent. The 30-share index opened slightly lower at 81, 917.56 against the last session's closing of 82, 102.10. The index slipped further amid selling across major sectors to hit an intra-day l ...Read More >
Mumbai, Sep 24 (PTI) Benchmark stock indices Sensex and Nifty fell for the fourth consecutive day on Wednesday as foreign fund outflows and concerns over the steep hike in US H-1B visa fees continue to dent investor sentiment. The 30-share BSE Sensex dropped 386.47 points or 0.47 per cent to end at 81,715.63. During the day, it tanked 494.26 points or 0.60 per cent to 81,607.84. The 50-share NSE Nifty declined 112.60 points or 0.45 per cent to 25,056.90. Among Sensex firms, Tata Motors, Bhara ...Read More >
Bharatiya Janata Party (BJP) MP Sambit Patra on Tuesday said the cuts in Goods and Services Tax (GST) has led to a sharp rise in consumer demands across automobiles, medicines, electronics, and daily goods. Citing industry data and consumer feedback, the party described the impact as unprecedented, particularly in the automobile and pharmaceutical sectors. "The report is phenomenal, something we haven't seen in the last 35 years. On the very first day, Maruti recorded 80,000 enquiries and have ...Read More >
New Delhi, Sep 23 (PTI) Auto stocks ended higher on Tuesday after automakers saw bumper sales on the first day of Navratri under the new GST regime. The sharp spike in bookings for automobiles drove auto stocks higher. Leading carmakers Maruti Suzuki and Hyundai Motor India on Monday saw bumper sales with buyers queuing up to buy their favourite models at lower price tags under the new GST regime. Bucking a muted trend in the broader equity market, shares of Ashok Leyland rallied 3.41 per cen ...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, 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 >
Gandhinagar (Gujarat) [India], September 16 (ANI): As Prime Minister Narendra Modi turns 75 on Wednesday, the nation reflects on his transformative impact on India's development. One of his most significant legacies is the Vibrant Gujarat Global Summit, a visionary initiative that was launched in 2003 during his tenure as Chief Minister of Gujarat. According to the release, this summit has been instrumental in attracting investments and fostering economic growth, ultimately enhancing Gujarat's ...Read More >
Mumbai: The Economic Offences Wing of Mumbai police has recorded the statement of Shilpa Shetty's husband Raj Kundra in a Rs. 60 crore alleged fraud case. Mumbai Police shared an update in the case and stated: "Investigations are going on against actress Shilpa Shetty and her husband Raj Kundra in an alleged fraud case of Rs. 60 crore. A summon was issued by the Economic Offences Wing of Mumbai Police to Raj Kundra. He was asked to appear before police for the investigation." They further stat ...Read More >
New Delhi : Tata Motors, India's largest commercial vehicle manufacturer, today announced a significant milestone in advancing zero-emission mobility: over 25,000 public charging stations are now installed and accessible to customers of electric small commercial vehicles (SCV). Strategically located across more than 150 cities including Delhi-NCR, Bengaluru, Mumbai, Chennai, and Hyderabad, these chargers span key logistics hubs, empowering last-mile delivery operators with enhanced range confide ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
Cloudburst in Dehradun News: Dehradun experienced cloudbursts in Sahastradhara, leading to swollen rivers and damaged shops. Chief Minister Pushkar Singh Dhami reported rescue operations by police and SDRF. In Rishikesh, the Chandrabhaga river overflowed due to heavy rainfall, flooding the highway and trapping vehicles. SDRF successfully rescued three people stranded in the river, ensuring their safety. The local administration is monitoring the situation. ...Read More >
Mumbai, September 16: Noel Tata, chairman of Tata Trusts, reportedly floated a proposal to split the top leadership role at Tata Sons into separate positions of chairman, CEO and MD, and deputy CEO, aiming to reshape the governance structure of the group's holding company. The plan, however, has stalled after facing resistance from some trustees who remain firm on continuity. Noel's idea suggested that current chairman N Chandrasekaran should transition to a non-executive role when his term ends ...Read More >
Mumbai: TataMotors on Monday announced that more than 25,000 public charging stations are now available for its electric small commercial vehicle (SCV) customers. Spread across over 150 cities, including major hubs like Delhi-NCR, Bengaluru, Mumbai, Chennai, and Hyderabad, these charging stations are aimed at boosting range confidence and efficiency for last-mile delivery operators. To speed up the expansion of charging infrastructure, Tata Motors has also signed MoUs with 13 leading Charging P ...Read More >
New Delhi, Sep 15 (UNI) Road Transport and Highways Minister, Nitin Gadkari today said that India has surpassed Japan to become the third-largest automobile market globally, and the government is targeting the number one position within the next five years. "All major global automobile brands are now present in India. Their focus has shifted from merely assembling to exporting vehicles from India to the world," Gadkari was quoted as saying in an official statement here. He unveiled an ambitiou ...Read More >
New Delhi, Sep 15 (SocialNews.XYZ) The Indian automobile industry witnessed contrasting trends in August, with passenger vehicle sales slipping as customers await the Goods and Services Tax (GST) reform's benefits that are scheduled to be effective from September 22, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Monday. Meanwhile, the two-wheeler and three-wheeler segments continued to expand last month. Passenger vehicle wholesales declined 8.8 per cen ...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 >
Mumbai: Benchmark equity indices Sensex and Nifty recorded marginal gains in early trade on Monday but later faced highly volatile trends and were quoting flat amid profit-taking after a sharp rally last week. Markets are awaiting the outcome of this week's US Federal Reserve policy meeting. The 30-share BSE Sensex went up by 93.81 points to 81,998.51 in early trade. The 50-share NSE Nifty edged higher by 24.45 points to 25,138.45. Later, the BSE benchmark quoted 10.06 points down at 81,904.31, ...Read More >
Mumbai: Indian stock markets opened flat with a slight positive bias on Monday morning. Investors remained cautious as they wait for the outcome of the US Federal Reserve meeting. Still, some confidence came from better inflation numbers in India and hopes that the US might cut interest rates soon. At 9:30 am, the Sensex was up 4.5 points at 81,909, while the Nifty rose 4.15 points to 25,118. The gains were very small, but the overall mood was stable. Mid and Small-Cap Stocks Do Better Even t ...Read More >
Mumbai, Sep 15 (PTI) Benchmark equity indices Sensex and Nifty recorded marginal gains in early trade on Monday but later faced highly volatile trends and were quoting flat amid profit-taking after a sharp rally last week. Markets are awaiting outcome of this week's US Federal Reserve policy meeting. The 30-share BSE Sensex went up by 93.81 points to 81,998.51 in early trade. The 50-share NSE Nifty edged higher by 24.45 points to 25,138.45. Later, the BSE benchmark quoted 10.06 points down at ...Read More >
Mumbai, Sep 15 (SocialNews.XYZ) The Indian benchmark indices opened on the flat note with a positive bias on Monday, on the back of positive domestic inflation data and growing expectations of a US Federal Reserve rate cut. As of 9.30 am, the Sensex was up 4.5 points or 0.005 per cent at 81,909, and the Nifty was up 4.15 points or 0.017 per cent at 25,118. 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 ...Read More >
Mumbai: The global automobile industry is starting to regain confidence after pausing product and investment decisions initially due to the upheaval caused by Trump's tariffs, said a senior executive at Tata Technologies. The Tata Group engineering firm is also pressing ahead with expansion, acquiring Germany's ESTEC for ₹75 million (₹750 crore) to strengthen its software-defined vehicle capabilities and also establish a base in Europe's auto hub. "Tariffs initially prompted many of our custom ...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], May 16 (ANI/PRNewswire): Tata AIA Life Insurance (Tata AIA Life), one of India's leading Life Insurance Companies, has introduced a more powerful version of its flagship annuity (guaranteed income for life) plan, Tata AIA Life Fortune Guarantee Pension. The new version includes some critical improvements, including higher annuity rates and death benefits, making it a must-have for the consumers to live financially independent and worry-free in their golden years. L ...Read More >
Mumbai (Maharashtra) [India], May 16 : Domestic indices opened flat on Tuesday morning as losses in financial and construction stocks dragged the key indices. Investors are keeping a wait-and-watch mode for the various earning announcements of companies such Bharti Airtel, Bank of Baroda, Indian Oil and V-Mart Retail lined for the day. BSE Sensex opened 91 points lower to 62,254.21 while NSE Nifty dropped 16.70 points to 18,382.15 at 10.50 am on Tuesday morning. The top gainers on Nifty 50 we ...Read More >
New Delhi: Road transport and highways minister Nitin Gadkari on Friday said the Centre and states could earn up to ₹40,000 crore in goods and services tax (GST) if all the 9.7 million unfit and polluting vehicles in the country are scrapped. A total of 300,000 such vehicles have been scrapped till August, including 141,000 government vehicles, said Gadkari, addressing the annual session of the Automobile Component Manufacturers Association of India (ACMA). "According to our estimate, there ar ...Read More >
Mumbai, September 8: The Indian equity indices ended the session slightly up on Monday, amid buying in auto and metal stocks. The domestic indices soared high in the early trade, boosted by the GST reforms announcement, optimism around the ease in India-US relationship, and the rate cut announced by major Indian automakers. However, the indices lost most of their gains in the last trading hours due to a sell-off in IT heavyweights and profit booking. Sensex closed at 80,787.30, up 76.54 points ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi, Sep 5 (PTI) Tata Motors on Friday said it will cut passenger vehicle prices ranging between Rs 75,000 and Rs 1.45 lakh effective September 22 to pass on the full benefit of GST reduction to customers. The Mumbai-based auto major said that its small car Tiago will see a price drop of Rs 75,000, Tigor Rs 80,000, and Altroz Rs 1.10 lakh. Similarly, the price of compact SUV Punch will come down by Rs 85,000 and that of Nexon by Rs 1.55 lakh. Mid-sized model Curvv would also see a price ...Read More >
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