Sensex zooms past 40k-mark as NDA leads vote count

Mumbai (IANS) The BSE Sensex hit another lifetime high of 40,030.86 on Thursday as the ruling National Democratic Alliance (NDA) was seen leading in the Lok Sabha vote count.

At 10.37 a.m. the Sensex was trading 914.68 points, or 2.34 per cent,…

Key Indian equity market indices open in green

Mumbai (IANS) Taking a cue from the initial trend of the Lok Sabha polls verdict which indicates the BJP-led NDA candidates are leading, the key Indian equity market indices on Thursday opened higher.

The Sensitive Index (Sensex) of the…

RBI may toughen NBFCs' access to public deposits

New Delh (IANS) The Finance Ministry may ask the Reserve Bank of India (RBI) to put strong regulatory framework around NBFCs accessing non-bank public deposits, like pension and provident fund, as these are savings of the salaried class…

ED raids ex-directors of crisis-hit IL&FS

New Delhi (IANS) The Enforcement Directorate (ED) on Wednesday carried out searches at the homes and offices of four former directors of the crisis-struck infrastructure lending major IL&FS in Mumbai over the connection with an alleged…

Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

New Delhi (IANS) Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mukesh Ambani-led behemoth is well positioned to create massive disruption in the market, a new report…

Markets surge: Sensex hits record high

Mumbai (IANS) Markets hit record highs on Tuesday's openning session extending their rally for the second day running as the BSE Sensex rose over 100 points to an all-time high of 39,571.73 in early trade.

The Sensex touched a fresh…

Exit polls effect, Nifty ends with largest point gain since 2008

Mumbai (IANS) The Nifty on Monday advanced by a massive 421.10 points to 11,828.25, its largest gain since 2008, as exit polls showed the BJP-led National Democratic Alliance getting a comfortable majority in the just-concluded general election.

With poll control ending, petrol/diesel prices start their journey northwards

New Delhi (IANS) Just a day after the 2019 Lok Sabha polls came to an end, state-owned oil marketing companies (OMC) on Monday have raised the retail price of petrol and diesel signalling that election induced price moderation for petroleum products…

Sensex climbs over 960 pts after exit polls

Mumbai (IANS) The Indian equity indices opened on a firm note on Monday after most exit polls showed a BJP-led NDA getting a comfortable majority in the now concluded general elections.

The Sensex advanced over 960 points during the early trade…

Booster investment dosage needed to fire-up slacking consumption

Mumbai (IANS) A booster dose of government and private sector spending along with cheaper rates of finance are required to kick-start India's consumption driven demand, industry observers opined.

To put it simply, the overall economic growth…