Market ends low amid IT selloff; mid, small-caps underperform
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
At close, Sensex declined 0.1%, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12%, or 27.4 points, to 22,470.5.
Jio Platforms Limited plans to offer Starlink solutions through its retail stores and online platforms.
The consumer price index (CPI)-based retail inflation for February slipped to 3.61 per cent amid a decline in the rate of price rise in vegetables and protein-rich items.
According to the report launched by the NHB, on Trends and Progress of Housing in India, 2024, Individual housing loan disbursements were recorded at Rs 4.10 lakh crore during the half-year that ended September 2024, while for the full financial year 2023-24, disbursements reached Rs 9.07 lakh crore.
India's economic growth will exceed 6.5% in the next fiscal, up from 6.3% this year, said Moody's Ratings on Wednesday. It cited the higher government capex and consumption boost from tax cuts and interest rate reduction for this growth.
Tesla CEO Elon Musk has shot off a third notice to Parag Agrawal-led Twitter, aimed at terminating the $44 billion takeover deal.
As economists have predicted that India's current account deficit (CAD) is likely to reach the level of 3 per cent of the GDP in the current financial year and is unlikely to come down in the near future, the government seems to be cautiously optimistic about reining it within tolerable standards.
The step has been taken in view of the extraordinary growth in exports and shortage of poultry feed and rice for ethanol production in the domestic market.
The Reserve Bank of India (RBI) will prepare a "whitelist" of all the legal apps and the Union Ministry of Electronics and Information Technology will ensure that only these "whitelist" apps are hosted on app stores.
Tata Group is in discussions with a Taiwanese supplier Wistron to Apple in order to build an electronics manufacturing joint venture in India and assemble iPhones here, Bloomberg reported on Friday.
