Stock market benchmark indices Sensex and Nifty rallied on Friday after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a “goldilocks” economy
Infrastructure company GR Infraprojects Ltd on Friday (December 5) said it has executed an engineering, procurement and construction (EPC) agreement for the construction of the Giridih bypass (towards Tundi) road, spanning a total length of 26.672 km, with the State
After remaining under pressure for nearly a month, shares of PC Jeweller made a strong comeback, surging 12% this week to ₹11 apiece. The rally also marked a recovery of 13.40% from the 14-month low of ₹9.70 apiece, touched last
As of now, no firm has launched a flex-fuel vehicle in India, as these models are more expensive than comparable petrol-run vehicles. IMAGE: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri launches ‘Ethanol-100’, at Indian Oil Retail Outlet.
The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at
As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Illustration: Dominic Xavier/Rediff Debjyoti Das, principal chief commissioner of income tax
Snapping the four-day losing run, benchmark stock indices Sensex and Nifty rebounded on Thursday on buying in tech and IT shares. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex edged higher by 158.51 points or 0.19 per cent to settle at
Diamond Power Infrastructure Ltd on Thursday (December 4) said it has received a letter of intent worth ₹747.64 crore from Adani Green Energy Limited for supplying power and solar cables to its Khavda and Rajasthan projects. The company informed the
Crude prices extended gains into a second session on Thursday, 4 December, with Brent crude futures rising 0.52% to $63 per barrel, while WTI crude futures gained nearly 1%, reaching the day’s high of $59.45 per barrel. Prices strengthened following
Fitch Ratings on Thursday raised India’s GDP growth forecast for the current fiscal to 7.4 per cent, from 6.9 per cent, on increased consumer spending and improved sentiment boosted by GST reforms. Photograph: Anushree Fadnavis/Reuters It said falling inflation gives
