Business

September 27, 2024 9:20 PM

Government says, country set to achieve 6.5 to 7% GDP growth in current fiscal

India is set to achieve 6.5 to 7 percent Gross Domestic Product (GDP) growth in the current financial year, said Finance Ministry in its Monthly Economic Review for August released on Thursday. The report highlighted that the economic momentum continued in first quarter of current fiscal year suppor...

September 27, 2024 4:49 PM

Sensex drops 264 points, Nifty settles at 26,178

Domestic benchmark indices, Sensex and Nifty ended lower, snapping their gaining rally achieved in past sessions. Both the indices had witnessed downfall after surging to fresh all-time highs in the intraday trade on Friday. At close, the Sensex declined 264 points, or 0.3 percent at 85,571 whi...

September 26, 2024 8:37 PM

Major Asian & European markets end on high

Four out of five major Asian indices ended on a strong note. Hong Kong's Hang Seng Index jumped four per cent, China's Shanghai Composite Index surged nearly three and a half per cent, South Korea's Kospi and Japan's Nikkei advanced more than two and ...

September 26, 2024 8:38 PM

Sensex, Nifty end in green territory with new all-time high

Domestic benchmark indices, Sensex and Nifty extended their winning streak before ending today's session at new closing highs. The BSE Sensex achieved a new all-time high of 85,930 in the intra-day and surged 666 points or 0.7 per cent before settling at a new closing peak of 85,836. Meanwhile, the ...

September 26, 2024 2:10 PM

Sensex and Nifty Hit Record Highs

Domestic benchmark indices continue their upward momentum, with both indices hitting fresh highs. The BSE Sensex reached a record high of 85,525 while the Nifty-50 hit a new all-time peak of 26,113 in the afternoon session. At 2 pm, BSE Sensex was trading up by 293 points to 85,463, and Nif...

September 25, 2024 8:28 PM

SEBI launches outreach cell to help foreign investors

The Securities and Exchange Board of India (SEBI) has launched a dedicated Foreign Portfolio Investor Outreach Cell as part of the Alternative Investment Fund and Foreign Portfolio Investors Department (AFD). This cell will focus on direct engagement with Foreign Portfolio Investors (FPIs) and assis...

September 25, 2024 6:21 PM

Major Asian markets ended low today

Three out of five major Asian indices ended lower. South Korea's Kospi declined 1.3 percent, Singapore's Straits Times Index slipped 1.1 percent and Japan's Nikkei witnessed a marginal fall of 0.1 percent. Meanwhile, China's Shanghai Composite Index increased more than one per cent and Hong Kong's...

September 25, 2024 6:18 PM

Rupee appreciates by 7 paise against US dollar

In the Forex market today, the Indian rupee appreciated seven paise to close at 83 rupees 60 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 100.42 in intra-day trade....

September 25, 2024 5:29 PM

Market hits record height during fifth consecutive session

Domestic benchmark indices, Sensex and Nifty hit another fresh high in the last hour of trade. However, both benchmark stocks opened today's session in red. The Nifty50 reached a record high of 26,032 during the session before closing with a gain of 0.25 per cent or 63 points at 26,004. Meanwhile, t...

September 25, 2024 1:26 PM

Goldman Sachs: India Poised to Be Among Fastest Growing Economies Until 2030

Global brokerage company Goldman Sachs has said that India is poised to be the among fastest growing economies till 2030. According to the New York based global brokerage company, India’s earnings have started to stablise over the past few years, with mid-te...