Market snaps 5-day losing streak led by realty, banking and metal
At close, the Sensex was up 498.58 points or 0.64% at 78,540.17, and the Nifty was up 165.95 points or 0.70% at 23,753.45.
At close, the Sensex was up 498.58 points or 0.64% at 78,540.17, and the Nifty was up 165.95 points or 0.70% at 23,753.45.
In the last 10 years, funds mobilized by Indian companies from capital markets has increased more than 10-fold, from Rs 12,068 crore in financial year 2014 (FY14) to Rs 1.21 trillion crore in FY25 (till October), a recent report by the SBI Economic Research Department said.
Unified Payments Interface (UPI) transactions at retail stores have witnessed a spike of 33%, underscoring the growing adoption of digital payments beyond Tier II regions in the country, a recent report has said.
Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent, exempted life-saving gene therapy from tax, and extended the GST exemption for parts used in manufacturing (SAM).
A total of 51 founders of 28 Indian new-age startup companies in the country took home Rs 283.5 crore as an annual salary in FY24.
The Competition Commission of India (CCI) on Tuesday gave its approval to the significant merger deal between two major media houses, Sony and Zee Enterprises Ltd. The CCI's approval for the deal was given with certain modifications.
Reliance Jio has officially announced its True 5G service in India at India Mobile Congress 2022 on Tuesday. Beta trial of its True-5G services begins on the occasion of Dussehra for Jio users in four cities - Mumbai, Delhi, Kolkata, and Varanasi.
When it comes to the number of billionaires by region, Asia now has 951 outnumbering all other regions. North America has 777 billionaires and Europe, 536.
Indian-Americans Vinod Khosla, Romesh Wadhwani, and Rakesh Gangwal made it to the Forbes 2022 list of 400 wealthiest Americans with Zscaler CEO Jay Chaudhry leading the pack with a net worth of $8.2 billion.
The slow economic recovery of the low-income households post Covid-19 pandemic has resulted in the overall economic recovery of the country, said Kotak Securities Ltd.
