Mumbai, May 22 (SocialNews.XYZ) Indian equity indices opened in the red on Wednesday after early trades. At 9:50 a.m., Sensex was down 53 points or 0.07 per cent, at 73,900 points and Nifty was down…
Mumbai, May 21 (SocialNews.XYZ) Gold prices have been booming for the last few months. According to the Indian Bullion Jewelers Association (IBJA), the price of 10 grams of 24-carat gold increased to Rs 74,220 per…
Mumbai, May 21 (SocialNews.XYZ) Internationally there is a growing optimism that India is on the cusp of a long-awaited economic take-off, according to the RBI’s monthly bulletin released on Tuesday. It states that recent indicators…
New Delhi, May 21 (SocialNews.XYZ) Government-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25 per cent decline in net profit at Rs 484 crore for the January-March quarter of 2023-2024 compared to the…
Mumbai, May 21 (SocialNews.XYZ) Indian equity benchmarks closed on a flat note on Tuesday following sideways trading in the market. At closing, Sensex was down 52 points or 0.07 per cent, at 73,953 points and…
Mumbai, May 21 (SocialNews.XYZ) For the first time, BSE-listed companies’ total market capitalisation crossed the $5 trillion mark on May 21, following a run-up in midcap and small-cap stocks. In the last five months, BSE’s…
Mumbai, May 21 (SocialNews.XYZ) Indian frontline indices Sensex and Nifty opened in the red, following negative global cues from US and Asian peers. At 9:45 a.m., Sensex was trading 139 points or 0.19 per cent…
New Delhi, May 20 (SocialNews.XYZ) The Centre on Monday urged states to leverage the Unified Logistics Interface Platform (ULIP) to increase the efficiency of the country’s logistics sector to cut transport costs and spur economic…
New Delhi, May 20 (SocialNews.XYZ) The Employees’ Provident Fund Organisation (EPFO) payroll data released on Monday shows that as many as 14.41 lakh net members in March this year, reflecting the increased employment created in…
New Delhi, May 20 (SocialNews.XYZ) Oil India Limited (OIL) has reported a 17 per cent increase in consolidated net profit at Rs 2332.94 crore in the Jan-March quarter of the financial year 2023-24 compared to…
New Delhi, May 20 (SocialNews.XYZ) Prime Minister Narendra Modi on Monday lauded the “remarkable” turnaround in the health of India’s banking sector as the cumulative net profit of all banks for the first time crossed…
Mumbai, May 20 (SocialNews.XYZ) NSE and BSE will remain closed on Monday due to Lok Sabha elections in Mumbai. According to the Bombay Stock Exchange (BSE) trading holiday calendar, all the segments of the markets…
New Delhi, May 19 (SocialNews.XYZ) The Indian Metrology Department has predicted an ‘above normal’ monsoon for 2024. A good monsoon always gives a boost to the stock market, because it revives demand for consumer goods,…
New Delhi, May 19 (SocialNews.XYZ) Markets were on a roll during the last week and the volatility seems to have reduced. The visible change was the fact that they just rose and were moving towards…
New Delhi, May 19 (SocialNews.XYZ) Indian equity benchmarks logged positive returns last week. Sensex and Nifty closed the week with gains of 1.85 per cent and 2.03 per cent respectively. In the last week, broader…
Mumbai, May 18 (SocialNews.XYZ) The special trading sessions on Saturday saw Indian equity markets extending their winning streak as the benchmark indices ended higher on both of the special sessions. While the BSE Sensex closed…
Mumbai, May 18 (SocialNews.XYZ) Indian equity indices opened in green on Saturday, following positive global cues. At 9:50 a.m., Sensex was up by 120 points or 0.15 per cent at 74,037 points, and Nifty was…
New Delhi, May 17 (SocialNews.XYZ) Secretary, Ministry of Steel, Nagendra Nath Sinha said on Friday that the government is working on introducing a green hydrogen-based process in the steel industry where the iron will be…
Mumbai, May 17 (SocialNews.XYZ) JSW Steel on Friday said that its board of directors have approved the acquisition of mining company Minas de Revuboe (MDR) in Mozambique to secure supplies of high-quality coking coal used…
Mumbai, May 17 (SocialNews.XYZ) India’s foreign exchange reserves surged by $2.56 billion to $644.15 billion during the week ended May 10, the latest data released by the RBI showed on Friday. This is the second…