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Economy
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!-->…
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Second train with 840 tonnes of onion arrives in Delhi to boost availability
New Delhi: The government on Wednesday said that a second train carrying 840 tonnes of onions from Nashik arrived in the national capital for disposal in the Delhi-NCR area.
Most of the onions will be released in Azadpur Mandi to augment!-->…
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Debit card-based transactions drop 8 pc in Sep as UPI payments surge: RBI data
Mumbai: As UPI-based digital payments surge, debit card-based transactions dropped almost 8 per cent from nearly Rs 43,350 crore in August to about Rs 39,920 crore in September, according to the Reserve Bank of India’s monthly data.
On!-->…
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E-commerce platform Meesho clocks Rs 53 crore loss in FY24
Mumbai: E-commerce platform Meesho on Wednesday reported a Rs 53 crore loss for FY 2023-24, while narrowing down the figure by 97 per cent from Rs 1,569 crore in FY 2022-23.
Meesho's revenue from operations grew by 33 per cent to Rs!-->…
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National Stock Exchange crosses 20 crore client accounts
Mumbai: The National Stock Exchange of India (NSE) on Wednesday announced that total number of client accounts at the exchange have surpassed 20 crore, from 16.9 crore eight months ago.
Among states, Maharashtra leads with the highest!-->…
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Indian stock market opens in red; selling seen in PSU bank, pharma sectors
Mumbai: The Indian stock market opened in red for the second consecutive day on Wednesday as selling was seen in PSU bank and pharma sectors in early trade.
Sensex was trading at 80,057.15 after falling 311.88 points or 0.39 per cent. At!-->…
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60 pc gold reserves held domestically, up over 102 tonnes in April-Sep: RBI data
New Delhi: As gold prices continue to surge amid geo-political tensions, the Reserve Bank of India (RBI) had 854.73 metric tonnes of gold as of September 30 and out of which, 510.46 metric tonnes were held domestically.
Gold held!-->…
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Sensex rises on 2nd consecutive day, SBI and ICICI Bank top gainers
Mumbai: India's equity market closed in the green on Tuesday as heavyweights like ICICI Bank and SBI led the gains.
At Closing, Sensex was up 363 points or 0.45 per cent at 80,369 and Nifty 50 was up 127 points or 0.52 per cent at!-->…
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India bucks global trend, VC investment remains robust at $3.6 bn in July-Sep
New Delhi: India bucked the global trend of decline in VC investment during the third quarter of 2024, with significant raises by consumer-focused businesses, according to a report on Tuesday.
VC investment in India remained solid at!-->…
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Maruti Suzuki India logs 18 pc drop in net profit at Rs 3,069 crore in Q2
New Delhi: Maruti Suzuki India on Tuesday reported nearly 18 per cent drop in net profit at Rs 3,069 crore in the second quarter this fiscal (FY25), from Rs 3,716 crore in the same quarter last year.
According to India’s largest!-->…
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