India's growth trend expected to soften from Sept quarter

New Delhi (IANS) While a favourable base effect should help accelerate India's real GDP growth to around 7.5-8 per cent YoY in the June quarter, the growth trend is expected to soften over the remaining quarters towards 5-6 per cent YoY, foreign…

Nifty likely to cross 20K-mark on Friday

Mumbai (IANS) Domestic equities are a breath away from the psychological levels of 20,000.

Nifty opened flat on Thursday, but soon gained momentum to close with handsome gains of 146 points at 19,979 levels, said Siddhartha Khemka, Head of…

Jio Financial Services valued at $ 21 billion ahead of Adani Ports, Tata Steel

New Delhi (IANS) Jio Financial Services Limited shares have been valued at Rs 261 apiece; which makes the soon-to-be-listed company India's 32nd most valuable companies.

Reliance Industries had kept July 20 as the record date for allotment…

Sensex, Nifty scale new heights

Chennai, (IANS) The two Indian stock exchanges continued their uptrend on Thursday to touch new peaks.

The Sensex of the BSE after opening at a subdued note at 67,074.34, flared up to touch a new all time height 67,385.52 points.

At…

New all time high of Nifty registered at 19851 points

New Delhi (IANS) After witnessing high volatility at the highs on Tuesday, Nifty witnessed choppy movement for mid part and sharp upsurge in the later part of Wednesday and closed the day higher by 83 points, says Nagaraj Shetti, Technical Research…

3 crore Income Tax Returns filed till July 18, says I-T Department

New Delhi (IANS) Around three crore Income Tax Returns (ITRs) have been filed till July 18, the Income Tax (I-T) Department said on Wednesday.

"Grateful to our taxpayers & tax professionals for having helped us reach the milestone of 3 crore…

Within the next decade, India will start adding a trillion dollars to its GDP every 18 months: Gautam Adani

New Delhi (IANS) Within the next decade, India will start adding a trillion dollars to its GDP every 18 months, Gautam Adani, Adani Group Chairman, said.

Speaking at the AGM of his group companies, Adani added that this puts us on track to…

Sensex moving towards 67K milestone

New Delhi (IANS) BSE Sensex is moving towards another milestone of 67,000 points mark.

On Tuesday, Sensex was up 360 points at 66,960 points. Among the Sensex stocks, Infosys, ICICI Bank, Reliance are up by more than 1 per cent.

On the…

Jio Financial Services likely to list at Rs 160 per share: Axis Securities

New Delhi (IANS) Axis Securities had recommended investors to buy Reliance Industries before the record date of July 20 and believe it to be a more economical way to buy Jio Financial Services (JFSL) which is likely to list at Rs 160/share (1x RIL’s…

Deficient rainfall, lower sowing of rice & pulses push prices higher

New Delhi (IANS) Deficient rainfall and the consequent lower sowing of rice and pulses have pushed prices higher.

Kharif sowing as of July 14 stood at 1.6 per cent lower than last year. This is mainly due to lower sowing of rice and pulses,…