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Stock market special session today, Sensex jumps 120 points

Stock market special session today, Sensex jumps 120 points

18-05-2024  comments

Mumbai (IANS) Indian equity indices opened in green on Saturday, following positive global cues.

At 9:50 a.m., Sensex was up by 120 points or 0.15 per cent at 74,037 points, and Nifty was up 36 points or 0.16 per cent at 22,503 points.

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Economic priorities will have to align with our strategic interests: EAM Jaishankar

Economic priorities will have to align with our strategic interests: EAM Jaishankar

17-05-2024  comments

New Delhi (IANS) As India sees robust growth, sweeping reforms, radically improved governance, fiscal discipline, infrastructure progress, rapid digitisation and focus on developing skills, we must recognise that our economic priorities will have…

Sensex down 166 points, M&M gains over 6 pc

Sensex down 166 points, M&M gains over 6 pc

17-05-2024  comments

Mumbai (IANS) India equity indices were in red on Friday following muted global cues.

At 9:45 a.m., Sensex was down 166 points or 0.23 per cent, at 73,497 points and Nifty was down 45 points or 0.21 per cent, at 22,353 points.

Midcap…

Sensex surges 676 points on expectations of rate cuts

Sensex surges 676 points on expectations of rate cuts

16-05-2024  comments

Mumbai (IANS) Indian equity benchmarks surged on Thursday following expectations of rate cuts.

At closing, Sensex was up 676 points or 0.93 per cent, at 73,663 points and Nifty was up 203 points or 0.92 per cent, at 22,403 points.

Among…

ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil

ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil

16-05-2024  comments

New Delhi (IANS) The Central government has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from Thursday, as part of its fortnightly revision that is calibrated with global prices.

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Adani Energy Solutions acquires Essar’s Mahan-Sipat transmission assets for Rs 1,900 crore

Adani Energy Solutions acquires Essar’s Mahan-Sipat transmission assets for Rs 1,900 crore

16-05-2024  comments

Ahmedabad (IANS) Adani Energy Solutions Ltd (AESL), on Thursday, announced that it has acquired 100 per cent stake in Essar Transco Ltd for Rs 1,900 crore.

The acquisition covers a fully operational 400 kV, 673 ckt kms (circuit kilometres)…

Sensex rises 155 points after positive global cues

Sensex rises 155 points after positive global cues

16-05-2024  comments

Mumbai (IANS) Indian equity benchmarks surged on Thursday, following positive Asian peers and US CPI data, which rose slightly less than expected in April.

At 9:50 a.m., Sensex was up 155 points or 0.21 per cent, at 73,159 points, and Nifty…

India’s goods exports post 1.07 pc growth in April despite global uncertainties

India’s goods exports post 1.07 pc growth in April despite global uncertainties

15-05-2024  comments

New Delhi (IANS) India’s goods exports rose 1.07 per cent to hit almost $35 billion in April despite the uncertainties in the global market due to the economic slowdown and geopolitical tensions, according to figures released by the Union Commerce…

India surpasses Australia, Japan, Hong Kong in data centre capacity

India surpasses Australia, Japan, Hong Kong in data centre capacity

15-05-2024  comments

New Delhi (IANS) India has surpassed major countries like Australia, Hong Kong SAR, Japan, Singapore, and Korea becoming the country with the highest data centre capacity of 950 MW in the Asia-Pacific region (excluding China), according to a private…

WPI to be around 3 per cent in FY 25, say economists

WPI to be around 3 per cent in FY 25, say economists

15-05-2024  comments

Chennai (IANS) The Wholesale Price Index (WPI) is expected to be in the region of 2-3 per cent over the next two quarters and average at around 3 per cent for FY25, top economists at two credit rating agencies said as the Commerce and Industry Ministry…

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