India witnessing V-shaped recovery since June: FinMin Report

New Delhi (IANS) India has been witnessing a 'V-shaped' recovery since June with the gradual easing of restrictions on economic activities, said a Finance Ministry report.

"The sustained improvement in high frequency indicators ignite…

Sensex hits 48,000 for the first time ever

Mumbai (IANS) The Indian equity indices hit fresh highs on Monday with the BSE Sensex touching the 48,000-mark for the first time.

It has touched an all-time high of 48,168.22 points. Similarly, the Nifty50 on the National Stock Exchange touched…

Dec manufacturing growth inches up: PMI

New Delhi (IANS) India's manufacturing sector growth inched up in December, as improving business environment pushed order flow.

The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) inched…

Centre invites EoIs for 26% stake sale in BEML

New Delhi (IANS) The government has invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in BEML.

BEML is a 'Miniratna' Category-1 Public Sector Undertaking, under the administrative control of Ministry…

India's Dec merchandise exports slips by 0.80% YoY

New Delhi (IANS) Lockdown measures in some of the key export markets subdued India's merchandise exports in December 2020, preliminary data showed on Saturday.

Accordingly, the country's merchandise exports during the month under review…

RInfra completes 100% stake sale of its Delhi-Agra toll road

New Delhi/Mumbai (IANS) Reliance Infrastructure Limited (RInfra) announce the successful completion of the sale of its 100 per cent stake in Delhi-Agra (DA) Toll Road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs…

Equity market starts 2021 on positive note, Nifty above 14,000

Mumbai (IANS) The Indian stock market opened on a positive note on the first day of 2021 with the BSE Sensex gaining over 150 points, and the Nifty50 on the National Stock Exchange trading above the psychological mark of 14,000 points.

Nifty…

ICEA urges for GST and import duty cuts, PLI for laptops

New Delhi (IANS) The India Cellular and Electronics Association (ICEA) has urged the central government to reduce import duty and Goods and Services Tax (GST) on mobile phones.

In its recommendations for the upcoming Union Budget, the industry…

Nifty hits 14,000 for the first time, Sensex touches new high

Mumbai (IANS) The Nifty50 on the National Stock Exchange (NSE) has crossed the 14,000 mark for the first time ever.

It touched an all-time high of 14,010.15 points amid a largely subdued trade.

The indices traded on a flat-to-positive…

All domestic calls from Jio to be free from Jan 1

New Delhi (IANS) Reliance Jio Infocomm has announced that it will make all domestic calls free starting January 1, as interconnect usage charges (IUC) for all domestic voice calls comes to an end.

A Jio statement noted that as per the directions…