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Sensex crashes 2,222 points, investors lose over Rs 16 lakh crore

Sensex crashes 2,222 points, investors lose over Rs 16 lakh crore

05-08-2024  comments

Mumbai (IANS) Indian equity indices closed in the deep red on Monday following US recession fear in the global markets. 

At closing, Sensex fell 2,222 points or 2.74 per cent to 78,759 and Nifty fell 662 points or 2.68 per cent to 24,055.

TCS, Infosys lose the most in Mcap; RBI policy meet key next week

TCS, Infosys lose the most in Mcap; RBI policy meet key next week

04-08-2024  comments

Mumbai (IANS) The market capitalisation (Mcap) of IT majors Tata Consultancy Services (TCS) and Infosys lost the most amid broad-based selloffs due to fear of recession in the global markets. 

The market capitalisation of eight of the top 10…

32 Indian startups raised record funding last week

32 Indian startups raised record funding last week

04-08-2024  comments

New Delhi (IANS) In a robust funding week, at least 32 Indian startups secured more than $341 million in funding.

The Indian startup ecosystem saw six growth-stage funding deals and 22 early-stage deals last week.

Six startups raised…

India’s seafood exports have surged by 31 pc to Rs 61,044 crore: Minister

India’s seafood exports have surged by 31 pc to Rs 61,044 crore: Minister

03-08-2024  comments

New Delhi (IANS) As a result of various efforts made by the government, India's seafood exports have increased from Rs 46,662.85 crore in 2019-20 to Rs 61,043.68 crore in 2023-24, registering a growth of 30.81 per cent, the Parliament was informed…

FPIs pump in Rs 54,727 crore as staller India

FPIs pump in Rs 54,727 crore as staller India

03-08-2024  comments

New Delhi (IANS) The foreign portfolio investors (FPIs) pumped in Rs 54,727 core in equity and debt in July as India's strong growth outlook for FY 2025.

An economic survey that was presented before the Union Budget this year projected…

Apple sets another quarterly revenue record in India: Tim Cook

Apple sets another quarterly revenue record in India: Tim Cook

02-08-2024  comments

New Delhi (IANS) Apple has once again set quarterly revenue record (April-June period) in India, riding on robust local manufacturing amid the government's push and growing export figures. 

Apple CEO Tim Cook said during the company’s Q3…

Improved monsoon leads to power demand moderation in India: Report

Improved monsoon leads to power demand moderation in India: Report

02-08-2024  comments

New Delhi (IANS) As monsoon coverage improves, power demand in India has moderated, especially in the southern regions, a report showed on Friday. 

Power demand is estimated to have risen 7 per cent (year-on-year) in July to 150 billion units…

EV registration up over 43 pc in FY24, Rs 17,896 crore invested: Centre

EV registration up over 43 pc in FY24, Rs 17,896 crore invested: Centre

02-08-2024  comments

New Delhi (IANS) The number of electric vehicles (EVs) registered in FY24 increased significantly by 42.06 per cent as compared to FY23, the Parliament was told on Friday.  

In FY24, 16,81,127 EVs were registered on the e-Vahan portal, against…

Indian warehousing sector saw $1.6 bn investment in January-June period

Indian warehousing sector saw $1.6 bn investment in January-June period

01-08-2024  comments

New Delhi (IANS) The Indian warehousing sector received investments worth $1.6 billion in the January-June period, accounting for 42 per cent of the total institutional investment received in the real estate sector in the same timeframe, a report…

Historic day for Indian stock market, Nifty closes above 25,000 for first time

Historic day for Indian stock market, Nifty closes above 25,000 for first time

01-08-2024  comments

Mumbai (IANS) Indian frontline indices closed at a record high on Thursday due to positive sentiment in the market. 

At closing, Sensex ended at 81,867, up 126 points or 0.15 per cent and Nifty was up 59 points or 0.24 per cent at 25,010. It…

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