The frontline indices dropped further in early afternoon trade and moreover hit a fresh intraday low. The NIFTY dropped to the 20,800 level after hitting the day’s high of 20,396 in early trade. Oil and gas shares are still in losses for the fourth straight session. At 12:30 IST, the barometer index, the S&P BSE [...]
The key equity barometers continued to trade in the red zone with moderate losses in mid-morning trade. The Nifty lingered below the 20,850 level. Consumer durables shares declined for the second day in the row. At 11:30 IST, the barometer index, the S&P BSE Sensex, was down 319.20 points or 0.46% to 69,231.83. The Nifty [...]
The export of onion has been put under prohibition till 31st March 2024 to ensure the availability of onion to domestic consumers at affordable prices. The Government took the decision taking into consideration the delay in Kharif's arrival, the quantity of onion exported, and the global situation such as trade and non-trade restrictions imposed by [...]
A report titled “State Finances: A Study of Budgets of 2023-24”, released by the Reserve Bank of India (RBI) is an annual publication that provides information, analysis, and an assessment of the finances of State governments for 2023-24. The report mentioned that the improvements by the state in their finances in the financial year 2021-2022, [...]
Equity benchmark indices fell in early trade on Friday. Because of the weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments. Falling for the third day running, the 30-share BSE Sensex dropped 320.63 points to 65,308.61. The Nifty fell 106 points to 19,518.70. Among the Sensex [...]
The dispatch of coal is likely to exceed one billion tones in the current financial year. The coal ministry said on Thursday. During the current fiscal year, the coal ministry's target is to produce and deliver 1,012 million tonnes (MT) of coal to consumers. "During the second half of the year, the rate of production [...]
An official statement said on Wednesday that four infrastructure projects of roads and railways worth Rs 19,520.77 crore have been recommended for approval under the PM Gati Shakti initiative. This takes the total number of projects assessed by Network Planning Group (NPG) to 115 with a total value of about Rs 11.70 lakh crore, since [...]
On Thursday Equity benchmark indices dropped in early trade, falling for the second day running, following weak trends in global markets and fresh foreign fund outflows. Disappointing earnings from IT services company Wipro also dragged the benchmarks lower. The Sensex dropped 490.44 points to 65,386.58. The Nifty dropped 137.5 points to 19,533.60. Among the Sensex [...]
Due to a sharp jump in global crude oil prices and sluggish global market trends, on Wednesday equity benchmark indices Sensex and Nifty fell nearly 1 per cent. Traders said that Selling pressure in banking, financial services and energy stocks also pulled the benchmarks lower. After a day’s breather, the 30-share BSE Sensex fell 551.07 [...]
According to a report, the cement sales volume is expected to have a healthy 9 to 10 per cent growth in the current fiscal, led by demand from infrastructure and urban housing sectors. In the first half of this fiscal, the industry had a volume growth of around 12 per cent in the April-September period, [...]
