RBI has issued compounding orders in the BPTP FEMA case, with the company and two directors agreeing to pay ₹4.84 crore over violations linked to FDI transactions.
Zomato has introduced a cash-on-delivery fee of Rs 5 to Rs 20 for customers, adding a new charge as competition in India's food-delivery market intensifies.
Punjab is exploring new investment opportunities in the UAE and seeking stronger industry partnerships to position the state as a preferred destination for UAE businesses.
The CBI has filed an FIR against Reliance Capital, former Chairman Anil Ambani and others over an alleged Rs 1,816 crore EPFO investment fraud. The case pertains to investments made by the EPFO in secured non-convertible debentures between 2013 and 2014.
Indian benchmark indices Sensex and Nifty posted marginal weekly losses after geopolitical tensions in West Asia weighed on markets, although banking and IT stocks helped drive a strong recovery on Friday.
Mumbai: Indian benchmark equity indices extended their winning streak for a fourth consecutive week, supported by a sustained decline in crude oil prices, improving global market sentiment and expectations of a more accommodative interest-rate environment. The Nifty 50 gained 0.89 per cent during the week and closed 0.39 per cent higher at 24,270 on Friday. The.
Mumbai: The benchmark equity indices extended their gains on Friday, supported by strong buying in IT, realty, pharma and healthcare stocks, even as the broader market delivered a mixed performance. The Nifty advanced 95.15 points, or 0.39 per cent, to trade at 24,270.85, while the Sensex climbed 262.79 points, or 0.34 per cent, to 77,763.91..
Mumbai: The combined market valuation of eight of India’s 10 most-valued companies surged by Rs 1.90 trillion last week, driven by a strong rally in domestic equities. Benchmark indices post solid weekly gains The positive momentum came as benchmark indices posted solid gains during the week. The Sensex climbed 1,284.61 points, or 1.73 per cent,.
New Delhi: India’s Purchasing Managers’ Index (PMI) has shown strong resilience despite the winds of war in West Asia and rising energy input prices, according to an Assocham report on Friday. India’s PMI Stands at 59.3, Highest Among Major Economies The PMI for India in May stands at 59.3, significantly higher than all major top.
Commenting on Nifty technical outlook, experts said that 24,100 now acts as the immediate resistance level, followed by the 24,300–24,350 zone where significant Open Interest (OI) build-up is visible.
