New Delhi, July 7 (SocialNews.XYZ) India’s foreign exchange reserves rose by $1.853 billion to $595.051 billion in the week ending June 30. Foreign currency assets (FCAs) also rose by $2.5 billion to $528 billion, according…
New Delhi, July 7 (SocialNews.XYZ) Commerce minister Piyush Goyal on Friday said that country’s exports were stalled at around $500 million till 2020, but the scenario has changed in the last two years and the…
Mumbai, July 7 (SocialNews.XYZ) Weak global cues and profit booking in domestic equities dragged the key indices down on Friday. Nifty opened lower and remained in negative territory throughout the session to close near the day’s…
New Delhi, July 7 (SocialNews.XYZ) India’s market capitalisation grew at 11 per cent over CY12-CYTD23, much faster than GDP, facilitated by financialisation of savings, new tech enablers (fintech / discount brokers) and improved retail participation…
New Delhi, July 7 (SocialNews.XYZ) The moderation in the pace of new investments suggests that the capex cycle is not yet on a durable, self-sustaining path, foreign brokerage, Nomura said in a report. Quarterly fluctuations…
New Delhi, July 6 (SocialNews.XYZ) BYJU’S CFO Ajay Goel provided crucial updates during the recently-held Extraordinary General Meeting (EGM) of shareholders regarding the onboarding of BDO, the company’s new auditors, and the progress of the…
Shillong, July 6 (SocialNews.XYZ) Meghalaya Chief Minister Conrad K Sangma on Thursday said that the illegal coal mining and transportation of coal can only be stopped if there is an alternative livelihood for the coal…
New Delhi, July 6 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Thursday directed the public sector banks to increase the reach of priority sector lending in the agriculture sector, especially for small and marginal farmers, and…
New Delhi, July 6 (SocialNews.XYZ) The Arvind Kejriwal-led Delhi government on Thursday said that it has achieved a record increase of 15 per cent in the GST collection in the first quarter of the current…
Chennai, July 6 (SocialNews.XYZ) Passenger car major Maruti Suzuki India Ltd on Thursday said it has begun exports of its compact sport utility vehicle (SUV) Fronx. The first batch of 556 vehicles was shipped from…
Chennai, July 6 (SocialNews.XYZ) The strengthening of the US dollar and the slight reduction in global recession concerns have resulted in a decline in gold prices, said an analyst with Geojit Financial Services. “The recent…
New Delhi, July 6 (SocialNews.XYZ) With another good day at the equity markets, as new highs were recorded on frontline indices, Nifty has moved up sharply by 865 points (4.6 per cent gains) in the…
New Delhi, July 6 (SocialNews.XYZ) Furthering its ambition of creating a green and clean future, McDonald’s India – North and East has invested Rs 14 crore to commission Delhi’s (BRPL) largest solar power plant in Najafgarh….
New Delhi, July 6 (SocialNews.XYZ) Limited available data suggests that India’s growth weakened in June’23, Motilal Oswal Financial Services said in a report. Manufacturing PMI fell to 57.8 in June’23 from 58.7 in May’23, but…
New Delhi, July 6 (SocialNews.XYZ) An important trend in the market is the surge in retail investor participation as indicated by the sharp increase in new demat accounts at 2.36 million opened in June, says…
New Delhi, July 5 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday issued a draft circular on issuance of debit, credit, and prepaid cards, directing that card issuers shall issue cards across more than…
New Delhi July 5 (SocialNews.XYZ) Reflecting the vibrancy of the Indian economy, the gross Goods and Services Tax (GST) revenue collected in the month of June, 2023 was Rs 1,61,497 crore, which is 12 per…
New Delhi, July 5 (SocialNews.XYZ) A RBI panel has suggested that in the long run, India will achieve higher level of trade linkages with other countries, as a result of which the rupee is likely…
New Delhi, July 5 (SocialNews.XYZ) An analysis of inflows into equity MFs during the previous property upcycle of FY04-14 shows that even as investor appetite for property purchase increased substantially during FY04-08, equity market investments stayed…
Chennai, July 5 (SocialNews.XYZ) Passenger car major Maruti Suzuki India Ltd on Wednesday launched its premium three row utility vehicle (UV) model Invicto priced between Rs 24.79 lakh and Rs 28.42 lakh. The model will…