Equity market make gains; Sensex up over 61K points

Mumbai (IANS) India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- made gains during Thursday's morning trade session.

In the process, S&P BSE Sensex made an intraday high of 61,159.48 and Nifty50 touched 18,294.75 points.

Positive macros push equities higher; Power stocks rise

Mumbai (IANS) India's key equity indices - S&P BSE Sensex and NSE Nifty50 - made gains during Wednesday's mid-afternoon trade session.

Accordingly, equity indices opened gap up and inched up gradually through the morning session.

Tatas plan new vertical to on-board Air India post SPA

New Delhi (IANS) The Tata Group plans to create a new business vertical to on-board all its holdings in the airline industry, including Air India post the share purchase agreement. The new vertical will hold the Group's interest in Air India Express…

Equity market trade in the green; Sensex up over 60k pts

Mumbai (IANS) India's key equity indices - S&P BSE Sensex and NSE Nifty50 - made gains during Monday's morning trade session.

Accordingly, the 30-scrip sensitive index traded at 60,123.47 points around 9.45 a.m., up 64.41 points or…

India on path of swift recovery: FinMin report

New Delhi (IANS) As the post-pandemic economic activity in the country picks up pace, the Finance Ministry has said that India is well-placed on the path to swift recovery with growth impulses visibly transmitted to all sectors of the economy.

SWR's air-conditioned coaches to transport chocolates, noodles

Panaji (IANS) In a unique innovation, bars, slabs of chocolate and a consignment of noodles will substitute passengers in air conditioned compartments of South Western Railway trains, which will be transported to Delhi regularly, an official statement…

India Inc revenue likely grew 18-20% on-year in 2nd quarter

Mumbai (IANS) Higher commodity prices and continued revival in demand for consumer discretionary products likely lifted corporate revenue 18-20 per cent on-year to Rs 8.2 lakh crore in the second quarter of this fiscal, indicates a CRISIL Research…

Railways launch 2 long haul freight trains 'Trishul', 'Garuda'

New Delhi (IANS) The Indian Railways has launched two long haul freight trains "Trishul" and "Garuda" -- which are twice or multiple times longer than the normal composition of freight trains.

These long haul trains provide a very effective…

Reduction in cost to push e-2W's market penetration

New Delhi (IANS) Reducing cost of electric vehicles (EV) as well as increase in subsidies along with the newer model are expected to increase electric two-wheeler's (e-2W) penetration.

In FY21, e-2Ws contributed less than one per cent of…

RBI lowers FY22 inflation projection to 5.3, sees further softening

New Delhi (IANS) The Reserve Bank of India on Friday lowered FY22 retail inflation projection for the ongoing financial year to 5.3 per cent from the previous estimate of 5.7 per cent.

In a virtual address post the monetary policy meet, RBI…