Business

In a positive outlook for the Indian stock markets, Morgan Stanley recently stated its expectation of key indices rising by 10 per cent by the time of the next general elections in the summer of 2024, further fueling optimism among investors.

Reserve Bank has given its nod for appointment of Dipak Gupta as interim Managing Director and CEO of Kotak Mahindra Bank following the resignation of Uday Kotak

The BSE Sensex climbed 174.96 points to 66,440.52 in early trade. The Nifty advanced 49.55 points to 19,776.60.

At the interbank foreign exchange, the domestic unit opened at 83.13, registering a rise of 10 paise over its last close.

Sebi on Thursday disposed of adjudication proceedings against state-owned LIC with respect to alleged violations of mutual fund norms.

The rupee depreciated for the fourth straight day to settle 10 paise lower at its lifetime low of 83.23 against the US dollar on Thursday

On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 95 or 0.16 per cent to Rs 58,993 per 10 grams in a business turnover of 11,994 lots.

Credit rating agency ICRA predicts the domestic air passenger traffic to grow at 8-13 per cent in FY24 to touch 150-155 million

India has removed additional duties on about half a dozen US products, including chickpeas, lentils and apples, which were imposed in 2019

SEBI has said that payments to the SEBI Investor Protection and Education Fund (IPEF) account can now be made only through online mode

The momentum in silver is likely to continue, and could add another 15 per cent over the next few quarters, says a report by Motilal Oswal Financial Services

The government has sought public comments on draft guidelines for prevention and regulation of "dark patterns" which are nothing but tactics used by online players to deceive customers

The rupee fell 2 paise to hit the lowest level of 83.15 against the US dollar in early trade on Thursday amid a strong American currency and elevated crude oil prices

"The company is not in negotiations as reported" to acquire Haldiram's," TCPL said in a regulatory filing.

Zoho has become the first bootstrapped SaaS company to reach the milestone, the firm said in a statement.

The NPCI on Wednesday launched a slew of new payment options on popular payments platform UPI, including conversational transactions.

According to Das, the banks and non-bank finance companies can continue with their lending activities even after RBI hands over the platform.

Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year

Currently cashless claim process is tiresome and insurers deduct 10 per cent or more from the total billing in the name of consumables and other heads.

On Monday, SpiceJet announced the allotment of 4.81 crore equity shares on a preferential basis to nine of its aircraft lessors to clear outstanding dues of Rs 231 crore

Forex traders said the Indian rupee depreciated on Wednesday as the US dollar rose to the highest levels in six months.

Rishi Agrawal, CEO and Co-Founder, Teamlease RegTech said the change is great news for investors. In the T+1 settlement cycle, liquidity becomes available in a couple of days.

Gold prices on Wednesday fell by Rs 15 to Rs 59,228 per 10 grams in futures trade as speculators reduced their positions.

Silver futures on Wednesday dropped Rs 165 to Rs 73,280 per kilogram as participants reduced their bets.