Business

September 2, 2024 3:13 PM

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Sensex and Nifty trade high at record peaks

Domestic benchmark indices, Sensex and Nifty, are trading on a positive note in intra-day trade, after both indices opened at record highs today. At 1:30 p.m., the BSE Sensex advanced by 122 points or 0.15 percent to 82,488, and the Nifty50 was also trading up at 25,259, with a rise of 23 points or ...

September 2, 2024 11:07 AM

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Sensex and Nifty Reach All-Time Highs in Early Trade Amid Strong Foreign Inflows

  Domestic benchmark equity indices, Sensex and Nifty, hit new all-time highs in early trade today, driven by strong foreign fund inflows. The 30-share BSE Sensex soared 360 points to reach a new record peak of 82,725 points during early trade. The NSE Nifty jumped 98 points to hit a fresh all-...

September 2, 2024 12:02 PM

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GST collections grow 10 percent to 1.75 lakh crore rupees in August year-on-year

The Goods and Services Tax (GST) collections stood at 1.75 lakh crore rupees in the month of August, reflecting a 10 percent increase compared to 1.59 lakh crore rupees in the same month last year. Central government collected 30,862 crore rupees, while states collected states 38,411 crore rupees, b...

September 1, 2024 5:40 PM

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FPI makes net investment of 1.5 lakh crore rupees into Indian capital markets

Continuing their positive investment for the third month in a row, foreign investors pumped over 25,000 crore rupees into the Indian capital markets in August. As per the depositories data, foreign portfolio investors, or FPIs, invested 7,320 crore rupees into equity markets and 17,960 crore rupees ...

August 31, 2024 5:55 PM

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U.S. market: Dow ends at closing high for second consecutive week

U.S. markets rose as the Dow ended at an all-time closing high for the second consecutive week on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal Reserve will cut interest rates next month.   The Dow Jones Industrial Average rose 0.6 pe...

August 30, 2024 8:28 PM

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NSO Reports 6.7% Real GDP Growth for April-June 2024 Quarter

The Indian economy has clocked a GDP growth of 6.7 per cent in the first quarter of the financial year 2024-25. Figures released by the Ministry of Statistics showed that the crucial manufacturing sector that provides quality jobs to the young workforce posted a 7 per cent growth, while the construc...

August 30, 2024 3:37 PM

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Sensex & Nifty Hit Record Highs

Domestic benchmark indices, Sensex and Nifty are trading positively at elevated levels after touching record highs in the intra-day trade today.   At 1:30 pm, the BSE Sensex advanced 284 points or 0.35 per cent to 82,419 and the Nifty50 was also trading up at 25,239 with a rise of 87 points or ...

August 29, 2024 10:30 PM

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Moody’s raises India’s 2024 GDP growth forecast to 7.2% in 2024

Moody's Ratings, the New-York based global rating agency has raised its real GDP growth projections for India today, indicating for a robust 7.2 percent growth in the financial year 2024, up from a previous estimate of 6.8 percent and 6.6 percent in 2025 from 6.4 percent.   Report said that the rais...