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Home  Business

Business

Industry body PHDCCI submits recommendations related to housing, banking sectors to RBI

Industry body PHDCCI submits recommendations related to housing, banking sectors to RBI

  • Sebi proposes body for administration, supervision of research analysts

    The Securities and Exchange Board of India has sought comments from the public on the proposals till September 12
  • China’s stocks hit nine-month lows as Chinese yuan weakens

    Chinese stocks hit nine-month lows and the yuan fell on Monday as the authorities' efforts to revive demand failed to inspire investors
  • Rupee rises 19 paise to close at 82.94 against US dollar

    Rupee recovered from its all-time low levels and settled for the day higher by 19 paise at 82.94 (provisional) against the US dollar
  • Sensex, Nifty close flat amid profit taking in financials, IT shares

    Sensex and Nifty closed flat after a volatile trade on Tuesday as investors booked profits amid concerns over potential rate hikes in the US and persistent foreign fund outflows
  • Price pressure in food items to be transitory; elevated inflation warrant greater vigil: FinMin

    Finance ministry on Tuesday said price pressure on food items is expected to be transitory, with tomato prices seeing a decline
  • Silver futures rise on spot demand

    Silver price on Tuesday climbed Rs 178 to Rs 71,840 per kilogram in futures trade as participants widened their bets on a firm spot demand.
  • Gold futures rise Rs 131 to Rs 58,621/10 gms

    Gold price on Tuesday increased Rs 131 to Rs 58,621 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
  • Economic Review: Global uncertainty and domestic disruptions to sustain high inflation

    The review highlighted the government's proactive steps to curb food inflation, anticipating relief as fresh stock arrives to alleviate price pressures.
  • Rupee rises 7 paise to 83.06 against US dollar in early trade

    Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Monday as they offloaded shares worth Rs 1,901.10 crore, according to exchange data.
  • Asian stocks rise, following Wall St, ahead of Federal Reserve conference

    The Fed indicated in minutes from its July meeting that it would make future decisions based on hiring, inflation and other data.
  • Jet Airways insolvency case: NCLAT reserves order on Jalan-Kalrock Consortium’s plea

    NCLAT reserved its order on Jalan-Kalrock Consortium's plea seeking more time to make payments to the lenders of the bankrupt Jet Airways
  • Rupee falls 3 paise to close at all-time low of 83.13 against US dollar

    At the interbank foreign exchange market, the local unit opened at 83.10 against the US dollar and moved in a range of 83.05 to 83.16 in the day trade.
  • Government funding key to unlocking digitalisation in future: Survey

    A majority (80 per cent) of small and medium enterprises in the country believe the government funding is key to unlocking digitalisation in the future.
  • China cuts interest rates as economy struggles

    China's central bank has cut one of its key interest rates for the second time in three months as the world's second-largest economy struggles to bounce back from the Covid-19 pandemic
  • Nifty ends higher on buying in metals, power and IT stocks

    Nifty ended higher on Monday aided by buying across metals, power and IT stocks, Deepak Jasani, Head of Retail Research, HDFC Securities
  • Sensex rebounds 267 pts on gains in Infosys, ITC

    Equity benchmark indices Sensex and Nifty closed higher on Monday after two days of decline, supported by buying in index majors Infosys, ITC and Bajaj Finance
  • Majority of companies expect new or replacement hiring in July-Dec period: Survey

    Majority of companies plan to recruit people, including as new and replacement hires, in the second half of 2023, a survey.
  • FPIs’ investment value in Indian equities gains 20 pc to USD 626 bn in June qtr

    This could be attributed to good performance in the domestic equity markets as well as strong net inflows from foreign portfolio investors
  • Rupee falls 2 paise to close at all-time low of 83.12 against US dollar

    The rupee depreciated by 2 paise and settled for the day at an all-time low of 83.12 (provisional) against the US dollar on Monday
  • Sunny Deol offers to settle dues for his Mumbai bungalow: Bank of Baroda

    Bollywood actor Sunny Deol has offered to settle all outstanding dues, prompting state-owned lender Bank of Baroda to drop auction proceedings for the property
  • Jio financial triggers lower circuit on debut listing day

    The shares were restricted by the lower circuit of 5 percent, settling at Rs 251.75 on the BSE.
  • Govt to procure 2 lakh tn of onion to create total 5-lakh-tn buffer stock this year

    The government on Sunday announced it will procure an additional 2 lakh tonnes of onion in order to maintain a total buffer stock of 5 lakh tonnes
  • Anticipated pressure on domestic and global markets throughout the week

    Indian stock indices faced a week of susceptibility caused by unfavorable global and domestic signals, coupled with investor inclination towards safer assets such as the US dollar.
  • UPI transactions skyrocket to Rs 83.2 Trillion in 2022

    In 2018, the volume of UPI transactions was 374.63 crore, a figure that surged by 1,876 percent to reach 7,403.97 crore in 2022.
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