Domestic as well as global markets expected to remain under pressure for week

New Delhi (IANS) Investor sentiment remains subdued due to the high volatility of the global currency market, leading to a high depreciation of EM currencies, which affects the performance of equities, says Vinod Nair, Head of Research at Geojit Financial…

Powered by govt push, UPI transactions shot up to Rs 83.2L cr in 2022

New Delhi, (IANS) Unified payments interface (UPI) transactions rose manifolds between 2018 and 2022 in terms of value as well as volume, by 1,320 per cent and 1,876 per cent respectively.

In 2018, UPI transactions in terms of volume stood…

Titan hikes stake in CaratLane for Rs 4,621 cr

New Delhi (IANS) The Titan company has entered into a share purchase agreement today to acquire the entire 91,90,327 equity shares held by the founder of CaratLane Trading Private Limited (CaratLane) and his family members representing 27.18 per cent…

Govt imposes 40% duty on onion export

New Delhi (IANS) The government on Saturday imposed a 40 per cent export duty on onion exports till December 31.

The announcement was made through a notification on Saturday. This notification shall come into force with immediate effect, and…

Sensex falls below 65K mark

New Delhi (IANS) BSE Sensex has fallen below the 65,000 points mark and is trading down 291 points on Friday morning.

BSE Sensex is trading at 64,859 points. IT stocks are leading the fall with TCS, Wipro, Tech Mahindra, Infosys down more than…

India sees 58% surge in deal values driven by big-ticket transactions

New Delhi (IANS) India saw 95 deals amounting to $3.1 billion in the month of July, a 58 per cent increase in value terms (year-on-year), a report showed on Friday.

July saw deal volumes up by 46 per cent (YoY) compared to the same period in…

DGCA approves IndiGo's New Delhi-Tashkent flight operations

New Delhi (IANS) The Directorate General of Civil Aviation (DGCA) on Thursday approved IndiGo's flight operations from New Delhi to Uzbekistan's capital Tashkent from September 6, a senior official of the aviation regulator said.

 The…

RBI launches website to help locate unclaimed deposits across multiple banks

New Delhi (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday launched a centralised web portal UDGAM (Unclaimed Deposits - Gateway to Access inforMation), which would make it easier for people to search for their unclaimed deposits…

Rupee at 10-month low adds to selling pressure in stock market

New Delhi (IANS) Adding to the negative sentiment in stock markets, the rupee depreciated to near a 10-month low at 83.14, while the FII outflow of almost of Rs 10,000 crore in August so far also led to selling at higher levels, said Siddhartha Khemka,…

BSE seeks clarification on spurt in volume from Garden Reach Shipbuilders

New Delhi (IANS) The BSE on Wednesday sought a clarification from Garden Reach Shipbuilders & Engineers Ltd with reference to movement in volume.

The company in its reply to BSE said: “We would like to submit that the Company is regularly intimating…