Category: Business

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Bears on prowl! Sensex tanks 820 points, Nifty below 24,000

Mumbai:  The Indian stock market closed in red on Tuesday as heavy selling was seen in all sectors except IT and realty. India’s main benchmark indices closed down by more than 1 per cent at the end of trading. Sensex fell 820.97 points, or 1.03 per cent, to 78,675.18 and Nifty settled at 23,883.45, down.

“Reopening Taj Hotel after 26/11 showed India’s refusal to yield to terrorism” says PM Modi in OpEd on Ratan Tata

New Delhi : Prime Minister Narendra Modi shared a heartfelt op-ed on Saturday, paying tribute to the late industrialist and philanthropist Ratan Tata, marking the first month of the passing of Ratan Tata. PM Modi recalled Tata’s numerous contributions to India and the world, highlighting the profound sense of patriotism, which shone especially during times.

Shiv Nadar tops list of 10 philanthropists

New Delhi: Once again the top spot on the EdelGive Hurun India Philanthropy List 2024 has gone for HCL Technologies founder Shiv Nadar. It marks his third time in five years as the nation’s most generous philanthropist. The premier industrialist contributed a handsome Rs 2,153 crore in 2023-24, which averages Rs 5.9 crore in donations.

Indian stock market ends flat, Nifty below 24,150

Mumbai: The Indian stock market closed flat on Friday as selling was seen in the auto, PSU bank, financial service, metal, and realty sectors at the end of trading. Sensex slipped 55.47 points, or 0.07 percent, to 79,486.32. On the other hand, Nifty fell 51.15 points, or 0.21 percent, to 24,148.20. Nifty Bank fell 355.30.

Sensex closes down by 426 points, banking stocks top losers

Mumbai:  Indian equity indices snapped a two-day gaining streak and ended in the red on Wednesday as selling was seen in the large-cap stocks like Infosys, ICICI Bank, Kotak Mahindra Bank, M&M, SBI, and HCL Tech. At closing, Sensex was down 426 points, or 0.53 per cent, at 79,942 and Nifty was down 126 points,.

Trade with India will not be affected in long term, says Bangladesh’s top business body chief

Dhaka [Bangladesh] : Trade with India will not be affected in the long term due to unrest, despite the decline in trade between the two neighbours, Bangladesh’s top business body chief said late on Monday. “After the government change (in Bangladesh), we found some downflow in trade between the two countries. But I believe this.

“C-295 Aircraft production factory to boost India-Spain ties, Make in India mission”: PM Modi

Vadodara (Gujarat) : Prime Minister Narendra Modi on Monday said that Tata Aircraft Complex for manufacturing C-295 aircraft will strengthen India-Spain relations as well as ‘Make in India, Make for the World’ mission. “This is my friend Pedro Sanchez’s first visit to India. From today, we are giving a new direction to India and Spain’s.

Silver may touch Rs 1.25 lakh a kg in next 12-15 months, outperform gold: Report

Mumbai:  Silver could either match or outperform gold in the medium to long term, and is likely to reach Rs 1,25,000 per kg on MCX and $40 on COMEX in the next 12 to 15 months, a report showed on Saturday. Recently, silver has shown impressive performance, gaining more than 40 per cent (year-to-date) and.

“Nothing stops private sector from coming and doing business in India”: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman emphasized that there are no barriers preventing the private sector from engaging in business in India. During a discussion with CSIS President and CEO John J Hamre in Washington, DC, she pointed out that many foreign private insurance companies are already operating in the country. She highlighted that the Indian.

Low-cost carrier IndiGo clocks massive Rs 986 crore loss in Q2

Mumbai:  Low-cost carrier IndiGo on Friday reported a massive net loss of Rs 986 crore in the second quarter (Q2) of FY25, compared to net profit of Rs 188 crore in the same period last year. The loss was driven by higher fuel costs and a peak number of groundings, which have now started to.