Benchmark indices Sensex and Nifty ended flat in listless trading on Thursday amid a lack of near-term triggers and unabated foreign fund outflows. The 30-share BSE benchmark Sensex dipped 0.39 points to settle at 78,472.48 in a muted trade.
The depreciation of Indian rupee against the US dollar is expected to push the country’s import bill by about $15 billion, think tank GTRI said on Thursday. Compared to December last year, the Indian Rupee (INR) has depreciated 2.34 per
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to
Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors’ participation. Analysts attributed the positive trend in the equity markets, where the benchmark
The Federation of Indian Export Organisations (FIEO), the apex body for exporters, is formulating a strategy for five key sectors to boost exports to the United States (US), as President-elect Donald Trump has threatened to impose high tariffs on Chinese
Zomato on Monday became the first new-age company to join the prestigious 30-share benchmark Sensex, replacing JSW Steel. Photograph: Anushree Fadnavis/Reuters This milestone marks a significant achievement not only for Zomato but also for the Indian startup ecosystem, which is
Stock market participants would track global trends and foreign investors’ trading activity in a holiday-shortened week ahead, amid lack of any major domestic trigger in sight, analysts said. Equity markets will remain closed on Wednesday for Christmas. “Looking ahead, no
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way IMAGE: The Mercedes-Benz Maybach S-Class. Photograph: Rajesh Alva/Rediff.com In 1954, when India was
The week’s losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion. The Indian equity benchmarks recorded their first weekly decline in four weeks — and the
The GST Council on Saturday postponed a decision on cutting tax rate on life and health insurance premiums, officials said. Photograph: Jitender Gupta/ANI Photo The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising
