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Business News

Markets fall in early trade amid mixed global trends

The 30-share BSE Sensex fell 170.42 points to 83,542.09 in early trade. The 50-share NSE Nifty dipped 44.35 points to 25,478.15. From the Sensex firms, Larsen & Toubro, Tata Steel, ICICI Bank, HCL Tech, Infosys and Kotak Mahindra Bank were among the laggards

09 July,2025 11:27 AM IST | PTI
Business News

Nifty, Sensex open flat; tariff deadline may extend to August

The Nifty 50 index opened at 25,439.40, showing almost no change, while the BSE Sensex was also trading flat at 83,371.63, down by 61.26 points or 0.07 per cent.

07 July,2025 11:05 AM IST | PTI | ANI
Business News

Markets inch higher in opening session; later turn flat amid volatile trends

The 30-share BSE Sensex went up by 67.34 points to 83,306.81 in opening trade. The 50-share NSE Nifty inched higher by 23.55 points to 25,428.85. From the Sensex firms, Bajaj Finance, Bajaj Finserv, Bharat Electronics, Hindustan Unilever, HDFC Bank and Kotak Mahindra Bank were among the major gainers

04 July,2025 11:37 AM IST | PTI
Business News

Nifty, Sensex opened with gains on Trump's trade deal optimism

Market experts noted that despite the opening gains, Indian equities are likely to remain range-bound in the near term due to persistent foreign portfolio investor (FPI) outflows. However, they also believe that the upcoming corporate earnings season will determine the next direction for the markets

02 July,2025 11:41 AM IST | ANI
Business News

Markets rally in early trade amid optimism around India-US trade deal

India's manufacturing sector growth rose to a 14-month high of 58.4 in June marked by improved trends in output and new orders, alongside a record upturn in employment, a monthly survey said on Tuesday

02 July,2025 10:32 AM IST | PTI
Business News

SBI report flags sharp decline in bank credit growth; MSMEs emerge as key driver

The report attributes the moderation in growth to weaker momentum and unfavourable base effects. Excluding the merger impact of HDFC Ltd with HDFC Bank – which took effect on July 13, 2023 – the adjusted credit growth stood at 10.6 per cent as on 13 June 2025, compared to 15.5 per cent a year earlier

30 June,2025 04:38 PM IST | mid-day online correspondent
Business News

'India's trade deficit may surge to USD 300 bn in FY26 despite lower oil prices'

The report highlighted that while oil prices may not surge sharply, the widening trade deficit will be driven mainly by weak performance in non-oil exports. On the other hand, imports are expected to stay strong due to the strength in domestic growth

30 June,2025 03:53 PM IST | ANI
Stock Market

Nifty, Sensex open flat on last trading day of June

The Nifty 50 index opened at 25,661.65, gaining 23.85 points or 0.09 per cent. On the other hand, the BSE Sensex opened slightly lower at 84,027.33, down by 31.57 points or 0.04 per cent

30 June,2025 01:29 PM IST | ANI
Business News

India's forex reserves dip by USD 1.02 billion to USD 697.93 billion

Gold reserves were down by USD 5.73 million to stand at USD 85.74 billion during the week, the apex bank's data shows, while the special drawing rights were down USD 85 million to USD 18.67 billion

29 June,2025 02:29 PM IST | ANI
Business News

What's in latest version of Trump's big bill now before Senate

Senators were working through the weekend to pass the bill and send it back to the House for a final vote. Democrats are united against it. Here's the latest on what's in the bill. There could be changes as lawmakers negotiate

29 June,2025 08:18 AM IST | AP
Business News

Markets decline in early trade dragged down by selling pressure in IT stocks

From the Sensex firms, Tata Consultancy Services traded nearly 2 per cent lower after reporting its June quarter earnings. Country's largest IT services company, TCS, on Thursday reported a 6 per cent growth in June quarter net profit at Rs 12,760 crore, helped by a jump in non-core income even as revenues grew at a tepid pace

11 July,2025 12:49 PM IST | PTI
Business News

India's current account swings to surplus in January-March quarter, says RBI

Reserve Bank of India (RBI) announced that India's current account, which tracks money flowing in and out of the country for trade and services, had a surplus of 13.5 billion dollars from January to March 2025. This is a significant improvement compared to the 4.6 billion dollar surplus in the same period last year

27 June,2025 06:45 PM IST | PTI
Markets open flat; investors cautious ahead of key results

Markets open flat; investors cautious ahead of key results

The Nifty 50 index opened at 25,230.75, gaining 18.70 points or 0.07 per cent, while the BSE Sensex began the session at 82,753.53, up by 119.05 points or 0.14 per cent

17 July,2025 11:00 AM IST | Mumbai | ANI
Markets open flat amid weak Asian cues, earnings jitters

Markets open flat amid weak Asian cues, earnings jitters

At the opening of the trading session today, BSE Sensex opened at 82,534.66 levels, down 36.24 points, and the Nifty at National Stock Exchange (NSE) was down 0.80 points from its previous close at 25,196.60.In the initial hour, about 1271 stocks were advancing, the stocks of 818 companies declined, and 171 stocks remained unchanged

16 July,2025 10:55 AM IST | Mumbai | ANI
Markets decline in early trade dragged by IT stocks, foreign fund outflows

Markets decline in early trade dragged by IT stocks, foreign fund outflows

Sensex fell 232 points to 82,267 and Nifty dipped 71 points to 25,078 in early trade Monday, hit by IT stock sell-offs and FII outflows. Bajaj Finance, Infosys, and Tech Mahindra led the losses, while Trent and Axis Bank gained. FIIs sold Rs 5,104 crore worth of equities on Friday. Global cues remain mixed with slight oil price uptick.

14 July,2025 03:22 PM IST | Mumbai | PTI
India's Russian oil buy hits 11-month high in June

India's Russian oil buy hits 11-month high in June

India imported 2.08 million barrels per day (bpd) of Russian crude in June, the highest since July 2024, according to vessel tracking data from global commodity market analytics firm Kpler

13 July,2025 09:24 PM IST | New Delhi | PTI
Silver prices touch all-time high as gold rises too

Silver prices touch all-time high as gold rises too

Silver prices witnessed a sharp rally, jumping Rs 2,356 to reach Rs 1,10,290 per kg, compared to Rs 1,07,934 per kg a day earlier. This surpassed the previous record of Rs 1,09,550 per kg, set on June 18, 2025

11 July,2025 07:05 PM IST | New Delhi | mid-day online correspondent
Rupee plunges 47 paise to close at 85.87 against US dollar

Rupee plunges 47 paise to close at 85.87 against US dollar

The rupee fell sharply by 47 paise to close at 85.87 against the US dollar on Monday amid soaring global crude prices and a stronger greenback. Forex traders cited heavy dollar demand from oil importers and uncertainty over a US-India trade deal. Meanwhile, foreign investors sold equities worth Rs 760 crore.

07 July,2025 04:13 PM IST | Mumbai | PTI
Indian markets open with gains amidst US tariff deadline concerns

Indian markets open with gains amidst US tariff deadline concerns

Indian stock markets opened slightly higher on Thursday, but investors are cautious. A key worry is the upcoming US tariff deadline, with global trade uncertainties keeping traders on edge despite positive domestic market factors

03 July,2025 02:01 PM IST | Mumbai | ANI
Indian equities rebound on global rally and Blue-Chip gains

Indian equities rebound on global rally and Blue-Chip gains

On Tuesday, Indian stock markets, Sensex and Nifty, started the day higher, recovering from previous losses. This rebound was driven by positive global market trends and strong buying interest in major companies like Reliance Industries and HDFC Bank. The Sensex rose by 177.79 points to 83,784.25, while the Nifty gained 51.2 points to 25,568.25

01 July,2025 05:54 PM IST | Mumbai | PTI
FM Nirmala Sitharaman urges PSU banks to raise credit growth

FM Nirmala Sitharaman urges PSU banks to raise credit growth

Finance Minister Nirmala Sitharaman has urged public sector banks to ramp up lending following the RBI’s 50-basis point repo rate cut to 5.5 per cent. During a performance review, she lauded record FY25 profits of Rs 1.78 lakh crore and low NPAs. She also stressed enhancing financial inclusion .

27 June,2025 06:36 PM IST | New Delhi | mid-day online correspondent
Budget 2025: What is Direct Tax Code? Will it replace the Income Tax Act 1961?

    Budget 2025: What is Direct Tax Code? Will it replace the Income Tax Act 1961?

    Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be introduced to make the tax concise and easy to understand. Will the Direct Tax Code replace the Income Tax Act 1961 this Budget 2025? But what is Direct Tax Code, or DTC? Here is all you need to know.  

    30 January,2025 12:29 PM IST
    Budget 2025: New Income Tax Bill likely to be tabled in Parliament on Thursday

    Budget 2025: New Income Tax Bill likely to be tabled in Parliament on Thursday

    The number of pages has been reduced substantially to 622, almost half of the current voluminous Act which includes amendments made over the last six decades

    12 February,2025 12:31 PM IST | New Delhi | PTI

    72% of taxpayers opt for New Tax Regime while filing ITR for AY 2024-25

    5.27 crore have been filed in the New Tax Regime while the remaining 2.01 crore ITRs are filed in the Old Tax Regime

    02 August,2024 04:28 PM IST | Mumbai | mid-day online correspondent

    01 January,1970 05:30 AM IST
    31 per cent of women buy homes for investment, 69 per cent are end-users: Report

    31 per cent of women buy homes for investment, 69 per cent are end-users: Report

    The study said that the new development shows a clear indicator of a strengthening investment approach among India's women property buyers

    27 February,2025 03:18 PM IST | Mumbai | mid-day online correspondent

    QIP fundraising hit a record high in 2024; real estate leads with Rs 22,320 cr

    Five Nifty indices surged over 30% in 2024 with the Real Estate index securing the 4th spot, posting a strong 34.67% annual gain

    13 February,2025 02:07 PM IST | Mumbai | mid-day online correspondent

    Rupee settles flat, gains 1 paisa against US dollar on month-end demand

    The rupee held steady against the dollar on Thursday, rising by 1 paisa to close at 84.07 amidst month-end demand and potential RBI intervention. Foreign fund outflows and importer demand weighed on the currency as it neared record low levels.

    31 October,2024 04:34 PM IST | Mumbai
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