Market extends loss ahead of RBI’s MPC decision
Stock market closed slightly lower, weighed down by stocks like Titan, ITC, State Bank of India, and PowerGrid amid weaker earnings.
Stock market closed slightly lower, weighed down by stocks like Titan, ITC, State Bank of India, and PowerGrid amid weaker earnings.
The State Bank of India Ltd (SBI) has reported an 84% increase in net profit (Profit After Tax) at Rs 16,891 crore for the quarter ended December 31, 2024 (Q3FY25) as compared to its net profit of Rs 9,164 crore in the year-ago period, according to a release issued here on Thursday.
The Employees' Provident Fund Organisation (EPFO) has achieved a historic milestone by crossing the Rs 5 crore claims settlement mark for the first time in its history, Union Minister of Labour and Employment Mansukh Mandaviya announced on Thursday.
The Reserve Bank of India (RBI) has directed large non-banking financial companies (NBFCs) to disclose the total charges levied on customers for each loan product.
The Index exhibited a further downward momentum in January, dipping to 4 per cent on a YoY basis, moderating from 5.4 per cent in December.
Semiconductors have become very important for almost all sectors of the economy and India cannot remain dependent on the global supply chains for it, said Gautam Adani after receiving the award.
The broader Nifty 50 of the National Stock Exchange closed 31.20 points or 0.18 per cent down at 17,624.40 points.
The revenues for the consumer durables sector in India are expected to grow by 15 to 18 per cent to Rs 1 lakh crore this fiscal, led by an increase in their volume.
From a milk-deficit nation to a milk-products exporter; India is largest producer of milk in world, contributing 21% of global milk production.
"We will soon have a new Data Privacy Bill, which will be a product of consultations and will address every such concern most of us had on the privacy Bill," said FM Nirmala Sitharaman.
