RBI opens NDS-OM platform to boost retail participation in G-Sec market
The RBI move is intended to expand retail participation in the government bond market.
The RBI move is intended to expand retail participation in the government bond market.
With the fifth-largest geological coal reserves globally and as the second-largest consumer, coal continues to be an indispensable energy source, contributing to 55 per cent of the national energy mix.
Aiming to put more money in the hands of the middle class and simplify the whole filing process, the new Income Tax Bill is set to be tabled in the Parliament next week after receiving approval from the Union Cabinet.
These measures collectively aim to strengthen economic growth while maintaining fiscal discipline. On the markets front, Nifty 50 is up 1 per cent, Nifty Midcap is up 0.9 per cent and Smallcap index is up 0.7 per cent.
India is on the path to achieve $800 billion in exports in the 2024-25 fiscal for the first time, according to the government, signalling a robust economy and continued growth across sectors.
Some of the gainers in the early trade are Tata Chemicals, Century Enka, Forbes, Aptech and Sreeleathers
Over the past 24 hours, variations in gold prices have been seen in several major Indian cities.
Adani listed out increasing nationalism, supply chain risk mitigation, and technology restrictions among the challenges that could impact the second largest economy in the world.
As per the data, the share of high-income countries with high inflation has also increased sharply, with about 85.7 percent experiencing severe hikes in food prices.
The Indian stock market's key indices, Sensex and Nifty, slumped for the sixth consecutive session on Wednesday dragged by heavy selling pressure in the index heavyweights Reliance Industries, ITC and HDFC Bank. The 30 stock S&P BSE Sensex slumped 509.24 points or 0.89 per cent to 56,598.28 points against its previous day's close at 57,107.52 points.
