High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on
Benchmark indices Sensex and Nifty ended marginally lower in a volatile trade on Wednesday dragged by blue-chip IT stocks. Photograph: PTI Photo from the Rediff Archives The 30-share BSE benchmark Sensex dipped 28.21 points or 0.04 per cent to settle
Public sector lender, Indian Overseas Bank (IOB) has introduced Aadhaar-OTP-based account opening and API banking services, aligning with its efforts to enhance digital banking solutions. Company Value Change %Change The new initiatives were launched on the occasion of the bank’s
As many as 12 stocks listed on the Bombay Stock Exchange (BSE) hit their upper circuit limits on Wednesday, February 19 amid a volatile trading session. Fratelli Vineyards, Kemistar Corporation, Spice Islands Industries, Integrated Capital Services, Gujarat Credit Corporation, Aanchal
Unemployment rate in urban areas during the third quarter (October-December) of FY25 remained unchanged at 6.4 per cent compared to the preceding quarter, according to the latest quarterly Periodic Labour Force Survey (PLFS) data released by the Ministry of Statistics
The Reserve Bank should focus on making liquidity easier rather than cutting rates if the intent is to drive growth, Axis Bank’s chief economist Neelkanth Mishra said on Tuesday. Photograph: Anushree Fadnavis/Reuters Mishra, who is also a part-time member of
Reserve Bank on Tuesday launched mobile application ‘RBIDATA’ which will provide access to more than 11,000 different series of economic data related to the Indian economy. Photograph: Francis Mascarenhas/Reuters The mobile app offers macroeconomic and financial statistics relating to the
Benchmark indices Sensex and Nifty ended marginally lower on Tuesday as uninterrupted foreign fund outflows and slowdown in corporate earnings continued to hit investors’ sentiment. Photograph: Francis Mascarenhas/Reuters After a day’s breather, the 30-share BSE benchmark Sensex ended 29.47 points
New Delhi: Capital markets regulator SEBI on Tuesday cancelled the registration of 19 defunct FVCI (Foreign Venture Capital Investors) after they failed to meet the eligibility criteria. Company Value Change %Change The 19 entities include Axis Capital Mauritius, Axis India
Small-cap stock Nisus Finance Services share price hit 5 per cent upper circuit on Tuesday after the company announced that its Dubai-based fund advisor Nisus Finance Investment Consultancy FZCO has retained Houlihan Lokey, a leading global investment bank to assist
