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Sensex trades lower amid weak global cues

Sensex trades lower amid weak global cues

04-10-2024  comments

Mumbai (IANS) Indian equity markets were trading in the red on Friday following weak cues from US markets. 

At 9:47 A.M., the Sensex was down 279 points or 0.34 per cent at 82,216 and Nifty was down 69 points or 0.27 per cent at 25,180.

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Investors lose Rs 10 lakh crore amid Middle East conflict

Investors lose Rs 10 lakh crore amid Middle East conflict

03-10-2024  comments

Mumbai (IANS) India equity indices closed in the deep red on Thursday amid conflict in the Middle East.  

At closing, Sensex fell 1,769 points, or 2.10 per cent, to 82,497 and Nifty fell 546 points, or 2.12 per cent, to 25,250.

In the…

India to see 9.5 pc salary hike in 2025, attrition rate slows down: Report

India to see 9.5 pc salary hike in 2025, attrition rate slows down: Report

03-10-2024  comments

New Delhi (IANS) Salaries in India are projected to increase by 9.5 per cent in 2025, compared to an actual increase of 9.3 per cent this year, a report showed on Thursday. 

The engineering and manufacturing and retail industries project double-digit…

India IPO boom: 15 companies submit draft documents in just 1 day

India IPO boom: 15 companies submit draft documents in just 1 day

02-10-2024  comments

New Delhi (IANS) As Indian stock markets continue to show robust growth despite global uncertainties, a record 15 companies registered their initial public offering (IPO) documents with the Securities and Exchange Board of India (SEBI) on the last…

India’s EV market rises 23 pc in September with 1.59 lakh unit sales

India’s EV market rises 23 pc in September with 1.59 lakh unit sales

02-10-2024  comments

New Delhi (IANS) In a boost for the electric vehicle (EV) adoption in the country, the total EV registrations reached 1.59 lakh units in September — up from 1.29 lakh units in the same month last year. 

According to the government’s VAHAN data,…

UPI surges to Rs 20.64 lakh cr in value in Sep, transactions jump to 15.04 billion

UPI surges to Rs 20.64 lakh cr in value in Sep, transactions jump to 15.04 billion

01-10-2024  comments

New Delhi (IANS) The Unified Payments Interface (UPI) surged to Rs 20.64 lakh crore in value in the month of September -- a 31 per cent growth (year-on-year) -- while the number of transactions jumped to 15.04 billion, a growth of 42 per cent YoY,…

India’s diamond imports drop 54 pc in August, country remains global dominant player

India’s diamond imports drop 54 pc in August, country remains global dominant player

01-10-2024  comments

New Delhi (IANS) India’s diamond imports saw a 54 per cent decline in August compared to the same month last year, as the country remains a dominant player in the global diamond industry, responsible for producing 95 per cent of the world’s polished…

Steel, fertilisers clock positive growth in August: Centre

Steel, fertilisers clock positive growth in August: Centre

30-09-2024  comments

New Delhi (IANS) The production of steel and fertilisers recorded positive growth in the month of August as the eight core industries’ index declined by 1.8 per cent (provisional) on an annual basis, the government said on Monday.  

Fertiliser…

Sensex crashes by 1,272 points, investors lose Rs 4 lakh crore

Sensex crashes by 1,272 points, investors lose Rs 4 lakh crore

30-09-2024  comments

Mumbai (IANS) Indian equity indices closed in the deep red on Monday, following profit booking at a higher level. 

At closing, Sensex fell 1,272 points, or 1.49 per cent, to 84,299 and Nifty fell 368 points, or 1.41 per cent, to 25,810.

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Indian pharma companies to expand revenues by 9-11 pc in FY25

Indian pharma companies to expand revenues by 9-11 pc in FY25

30-09-2024  comments

New Delhi (IANS) The Indian pharma companies are estimated to expand their revenues by a healthy 9-11 per cent in the current fiscal (FY25), a report showed on Monday. 

This will be driven by 9-11 per cent revenue growth from the US market,…

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