Gold prices soar to historic high of Rs 66,778 per 10 gms

Mumbai (IANS) Gold prices jumped to a historic high of Rs 66,778 per 10 grams on the MCX in morning trade on Thursday following the US Federal Reserve maintaining its outlook for a soft money policy with at least three rate cuts this year.

Prices…

Sensex up more than 700 points

New Delhi (IANS) The BSE Sensex on Thursday climbed 743.95 points or 1.03 per cent to 72,845.64 in early trade.

NTPC, IndusInd Bank are top gainers - up by 3 per cent.

The uncertainty regarding the Fed decision is over with the Fed keeping…

Jupiter Wagons announces acquisition of Bonatrans India for Rs 271 crore

Chennai, (IANS) Railway wagon and passenger coach major Jupiter Wagons Limited (JWL) announced the acquisition of Bonatrans India Private Limited (BIPL) for a sum of Rs 271 crore on Thursday.

This strategic move marks a significant milestone…

'Domestic demand growth has moderated for tyre companies

New Delhi (IANS) Given the recent uptick in natural rubber and crude oil prices, coupled with muted demand trends in the domestic market, the margins of tyre companies may come under pressure if prices sustain at these levels, said Kotak Institutional…

RBI directs all Agency Banks to remain open on March 31

Mumbai (IANS) The Reserve Bank of India (RBI) on Wednesday issued an order for all branches of banks dealing with government receipts and payments to remain open on March 31, which is a Sunday.

“The Government of India has made a request to…

FMCG stocks among top losers

New Delh (IANS) Fast Moving Consumer Goods (FMCG) stocks are trading weak on Tuesday with the sectoral index down 1.9 per cent.

FMCG index is among the top sectoral losers. Sensex stock Nestle is down more than 3 per cent.

Colgate Palmolive…

Balance of trade favourable with government’s impetus for exports

New Delhi (IANS) The balance of trade has been favourable with the government’s impetus for exporting manufactured goods under the Production Linked Incentives (PLI) scheme, building infrastructural facilities amid easing of global commodity prices,…

French carmaker Citroen joins India's BluSmart Mobility to deploy 4,000 EV SUVs

Bengaluru (IANS) French carmaker Citroen on Monday joined hands with Indian EV company BluSmart Mobility to expand the homegrown firm's all-electric fleet in the country.

The French company and BluSmart Mobility have signed an MoU that…

1,000 startups, 5,000 budding entrepreneurs at 3-day 'Startup Mahakumbh'

New Delhi (IANS) Over 1,000 startups, more than 1,000 investors, 5,000 future entrepreneurs and 40,000 business visitors are set to participate in 'Startup Mahakumbh' being organised at Bharat Mandapam and India Trade Promotion Organisation…

Midcap and small cap funds accounted for 87 pc of flows in FY24

New Delhi (IANS) Mid and small cap funds accounted for 59 per cent of assets under management (AUM) and 87 per cent of flows in FY24, global brokerage firm Jefferies said.

Midcap and Small Cap index outperformed Nifty by 28 percentage points…