Nifty closes at 23,398 after touching all-time high

New Delhi (IANS) Indian equity benchmarks closed in the green on Thursday following inflation decreases in India and the US. At closing, Sensex was at 76,810, up by 204 points or 0.27 per cent, and Nifty was up by 75 points or 0.33 per cent, at 23,398. 

MECON Ltd seeks bids for use of green hydrogen in making steel

New Delhi (IANS) As part of the government's move to replace fossil fuels with green hydrogen in steel manufacturing, MECON Limited has invited proposals from prospective bidders for use of Hydrogen in DRI Pilot Plant, in existing Blast Furnace…

Exports from SEZs surge 4 pc to reach over $163 billion

New Delhi (IANS) As the Centre considers several measures to empower special economic zones (SEZs), the exports from these special hubs zoomed up 4 per cent in 2023-24 to reach $163.69 billion. 

The exports from SEZs stood at $157.24 billion…

Centre releases Rs 1.39 lakh crore as tax devolution to states to boost development

New Delhi (IANS) In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month. 

FM Sitharaman on strong wicket as Modi 3.0 gears up to present full budget

New Delhi (IANS) Prime Minister Narendra Modi has sent a clear message of continuity in the government’s economic policy with the re-appointment of Nirmala Sitharaman as Finance Minister. 

Sitharaman’s return comes on the back of a successful…

Household consumption expenditure jumps in India as incomes rise

New Delhi (IANS) Household consumption expenditure on goods and services in both the rural and urban areas of India, which reflects the standard of living and well-being of the population, has shown a robust increase over the last decade, according…

Tech industry hails PM Modi's record third term

New Delhi (IANS) As Narendra Modi is set to take oath as Prime Minister on Sunday, the tech industry hailed his record third term, saying that this continuity will promise stability, consistency and effectiveness in governance, taking the country…

Next 5 years to focus on skilling, creating vast number of new jobs: Amitabh Kant

New Delhi (IANS) As the demand for talented young Indians grows for emerging technologies, the new government under Prime Minister Narendra Modi will further focus on skilling and creating new jobs, G20 Sherpa Amitabh Kant has said. 

There…

Stock markets zoom over RBI's GDP forecast, Sensex up over 1 pc

Mumbai (IANS) The India stock market extended morning gains after the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) raised India's real GDP forecast to 7.2 per cent for FY25 from earlier 7 per cent. 

The MPC also decided…

Sensex trades higher on positive global cues

Mumbai (IANS) Indian frontline indices opened in green on Thursday following positive global cues.

At 9:50 am, Sensex was up 375 points, or 0.50 per cent, at 74,724. Nifty was up 105 points or 0.47 per cent, at 22,725.

Overall market…