Business

June 19, 2024 6:28 PM

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SBI approves raising up to Rs 20,000 crore via long-term bonds for FY 2025

State bank of india approved to raise up to 20 thousand crore rupees by issuing long-term bonds in the Financial Year 2025 for funding infrastructure projects and affordable housing units. The Central Board at its meeting held today said that the fundraising will be done through a public issue or a ...

June 19, 2024 6:26 PM

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Asia’s Markets Rally, Except Shanghai Composite Slips 0.4%

Major Asian indices ended in green today except China's Shanghai Composite Index was down by 0.4 percent. Whereas, Hong Kong's Hang Seng jumped 2.87 percent, South Korea's Kospi climbed 1.21 percent, Japan's Nikkei added 0.23 percent and Singapore's straits times gained 0.07 percent.   In the Europe...

June 19, 2024 6:30 PM

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Stock Market: Record Highs for S&P 500 and Nasdaq, Nvidia Leads Surge

The S&P 500 and Nasdaq closed at record highs yesterday, buoyed by Nvidia's continued surge to new peaks, while the Dow ended barely higher in subdued pre-holiday trading following softer-than-expected U.S. retail sales data. The S&P 500 appreciated 0.25 percent, the Dow Jones Industrial Ave...

June 18, 2024 7:57 PM

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Gross direct tax collections for FY 2024-25 surge by 22.19%

Gross and net direct tax collection witnessed robust growth in the current financial year in comparison to corresponding period of previous financial year 2023-24. Gross Direct Tax collections till 17th of June in this financial year, registered a growth of 22.19 percent while net tax collection wit...

June 18, 2024 7:58 PM

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Sensex rises 308 points, Nifty settles at 23,558

India's Equity Benchmark Indices closed at record high on Tuesday. The Sensex rose 308 points, or 0.40 percent, to close at 77,301. Nifty gained 92 points, or 0.39 percent, to settle at 23,558. In the Forex market today, the Indian rupee closed at 83 rupee and 41 paisa against US dollar.   In the Mu...

June 18, 2024 5:08 PM

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Major Asian indices end in green on Tuesday

Major Asian indices ended in green on Tuesday. Japan's Nikkei gained 1 percent, China's Shanghai Composite Index was up by 0.48 percent, South Korea's Kospi climbed 0.72 percent, Singapore's Straits Times also jumped 0.12 percent and Hong Kong's Hang Seng slipped 0.11 percent.   In the European mark...

June 17, 2024 6:05 PM

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Major Asian indices end in RED 

Major Asian indices ended in RED on Monday. Japan's Nikkei fell 1.87 percent and China's Shanghai Composite Index was down by 0.56 percent. South Korea's Kospi tanked 0.52 percent and Hong Kong's Hang Seng slipped 0.03 percent.   In the European market, major indices showed mixed performance as Fran...