Benchmark equity indices hit their lifetime high levels on Wednesday, with the Sensex reaching the record 64,000-mark and the Nifty scaling the 19,000 level in intra-day trade, propelled by fresh foreign fund inflows and a rally in the US and European markets. Buying in market heavyweight stocks like Reliance Industries and HDFC Bank added to [...]
Cash-strapped Pakistan and the IMF are discussing a new short-term standby arrangement (SBA) worth about USD 2.5 billion to get the country through the political transition to the newly-elected government in the second quarter of the current fiscal year, according to a media report on Wednesday. Pakistan’s ninth review by the International Monetary Fund (IMF) [...]
Leading bourses BSE and National Stock Exchange (NSE) and money markets will remain closed on Thursday on account of Eid al-Adha also known as Bakrid. Earlier, the holiday was scheduled for June 28. The markets are now open on Wednesday. The change came after the Maharashtra government declared June 29 a public holiday as the [...]
Benchmark equity indices ended higher on Tuesday helped by buying in banking and financial counters, mainly HDFC twins, amid a mixed trend in the global markets. The 30-share BSE Sensex jumped 446.03 points or 0.71 per cent to settle at 63,416.03 points. During the day, it advanced 497.54 points or 0.79 per cent to 63,467.54 [...]
Benchmark equity indices Sensex and Nifty advanced in early trade on Tuesday helped by buying in index majors HDFC twins and Infosys amid a mixed trend in Asian markets. The 30-share BSE Sensex climbed 235.52 points to 63,205.52 in early trade. The NSE Nifty advanced 72.4 points to 18,763.60. From the Sensex pack, Tata Steel, [...]
Benchmark equity indices Sensex and Nifty closed on a mixed note in a volatile trade on Monday amid weak trends in the global markets. Selling in index heavyweight Reliance Industries and Tata Consultancy Services also played a spoilsport. In a lacklustre trading, the 30-share BSE Sensex dipped 9.37 points or 0.01 per cent to settle [...]
Around 81 per cent of people surveyed have faced issues around fee refund, trust, transparency and others from edtech platforms, according to online survey platform LocalCircles. The survey conducted between February 16 and June 15, 2023, found that 32 per cent of users have faced issues with BYJU'S, 10 per cent each with Unacademy and [...]
Pakistan's Parliament on Sunday approved the Rs 14.48 trillion budget for 2023-24 after new taxes were added to it as dictated by the IMF as a condition to release the remaining portion of an already agreed bailout package for the cash-strapped country. The budget aiming to achieve 3.5 per cent GDP growth was unveiled on [...]
Union Road Transport and Highways Minister Nitin Gadkari has said new vehicles will be introduced that run entirely on ethanol. Speaking at an event in Nagpur on Sunday, the minister recalled that he recently met the chairman of Mercedes Benz company which launched an electric vehicle. "He (the chairman) told me they would make electric [...]
Equity benchmark indices gained in early trade on Monday after falling in the previous two trading sessions, amid buying in index heavyweights ITC, ICICI Bank and Infosys. The 30-share BSE Sensex climbed 91.03 points to 63,070.40 points in early trade. The NSE Nifty advanced 39.30 points to 18,704.80 points. From the Sensex pack, ITC, Hindustan [...]
