Business

Global oil benchmark Brent crude declined 0.02 per cent to USD 83.94 a barrel. The BSE benchmark had climbed 405.53 points or 0.62 per cent to settle at 65,631.57 points on Thursday. The Nifty had advanced 109.65 points or 0.56 per cent to end at 19,545.75 points.

The intent behind the large exposure framework is essentially to limit the exposures to a single entity or group as it poses a potentially higher risk in case of a business setback

Reliance Retail's JioMart, one of the country's leading e-marketplaces, has roped in Indian cricket icon, Mahendra Singh Dhoni as brand ambassador.

These opportunities encompass both direct and indirect employment in cities like Mumbai, Delhi, Pune, Bengaluru, Hyderabad, Kolkata, Lucknow, and Chennai, among others.

The 30-share BSE Sensex climbed 257.41 points to 65,888.98 points in early trade. The Nifty advanced 78.25 points to 19,624 points.

Selling pressure from foreign equity investors amid strengthening dollar resulted in a negative bias, according to forex traders

After three days of deliberation, RBI Governor Shaktikanta Das announced on Friday that the Monetary Policy Committee (MPC) unanimously opted to maintain the repo rate at 6.5 percent

Forex traders said the rupee consolidated in a narrow range as investors preferred to stay on the sidelines ahead of the Reserve Bank of India's rate decision.

The Nifty continued the positive momentum it had initiated during the previous trading session. Market analysts emphasized the importance of the Nifty crossing the 19,767 level to confirm the sustainability of this bullish trend.

He said the RBI would focus more on inflation given that growth is strong right now, adding oil price movements need to be watched carefully, too.

The stock market, which witnessed a challenging start to the week with consecutive declines, saw an encouraging uptick on Thursday

The ECL approach to provisioning is a paradigm shift from the existing provisioning regime based on incurred losses.

Forex traders said the strength of the American currency in the overseas market further dented investor sentiments

In a statement, the regulator said it has formed Working Groups to recommend simplification of various Sebi rules.

NIIF has entered into a collaboration with JBIC to launch a $600 million India-Japan Fund

RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators

The rupee depreciated 4 paise to 83.24 against the US dollar in early trade on Wednesday

The 30-share BSE Sensex plunged 533.13 points to 64,978.97. The Nifty declined 153.35 points to 19,375.40

These allotments resulted in the issuance of shares to more than 49 shareholders in one financial year in violation of the Sebi's DIP guidelines.

DMart had registered a revenue from operations of Rs 10,384.66 crore in the July-September quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing

Forex traders said muted domestic macroeconomic data and sustained FII outflows also mounted downside pressure on rupee

This achievement has been made possible with heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts.

The World Bank, meanwhile, retained India's GDP growth forecast for the financial year 2023-24 at 6.3 per cent, noting that the country continued to show resilience against the backdrop of a challenging global environment.

Over 8,000 restaurants have availed loans so far, of which 3,000 availed loans in 2022 alone, the company said in a statement.