Indian equity indices opened flat on Tuesday following mixed cues from Asian peers. At 9.42 a.m., Sensex was up 21 points or 0.03 per cent at 83,010 and Nifty was up 15 points or 0.06 per cent at 25,397. Nifty Bank was up 89 points or 0.17 per cent at 52,242. Marginal selling was seen … Read more
Firstsource Solutions is currently trading at Rs. 314.00, up by 6.65 points or 2.16% from its previous closing of Rs. 307.35 on the BSE. The scrip opened at Rs. 317.55 and has touched a high and low of Rs. 318.00 and Rs. 312.05 respectively. So far 70264 shares were traded on the counter. The BSE … Read more
The rupee has emerged as one of the least volatile currencies worldwide, remaining "very stable against the US dollar" and the volatility index, the Reserve Bank of India (RBI) Governor Shaktikanta Das has said. According to Das, the central bank’s stated policy is to prevent excessive volatility of the rupee. “Stable rupee fosters confidence among … Read more
India and the US are making significant progress to drive energy innovation, strengthen energy security and accelerate clean energy transitions, including through more focused efforts on clean energy manufacturing and building resilient, responsible, stable, secure and diversified supply chains, it was announced on Tuesday. According to the India and US Strategic Clean Energy Partnership (SCEP) … Read more
Germany's Development Minister Svenja Schulze, who is on a three-day visit to Gujarat to represent her country at the 4th Global Renewable Energy Investor's (RE-INVEST) meet here, has said that the problems of the world cannot be solved without India's involvement. In an exclusive conversation with IANS on Monday, Schulze, who is leading a delegation … Read more
Union Commerce Minister Piyush Goyal on Monday launched the Bharat Startup Knowledge Access Registry (BHASKAR) initiative, saying the platform will help bring hope, aspirations and success for the entrepreneurs to kickstart ambitious revolutions in the country. Launched under the ‘Startup India’ programme in the national capital, BHASKAR — meaning ‘Rising Sun’ — has been aptly … Read more
Finance Minister Nirmala Sitharaman is scheduled to launch the New Pension Scheme (NPS) 'Vatsalya' in New Delhi on September 18, which will be joined by schoolchildren. Announced in the Union Budget 2024, the scheme will allow parents to contribute a certain amount on behalf of their children towards NPS to secure their future and help … Read more
Indian equity indices closed at record high due to gains in heavyweights like ICICI Bank and L&T. At closing, Sensex was up 97 points or 0.12 per cent at 82,988 and Nifty was up 27 points or 0.11 per cent at 25,383. Nifty Bank closed up by 215 points or 0.41 per cent at 52,153. … Read more
Indian Bank is currently trading at Rs. 520.55, up by 0.35 points or 0.07% from its previous closing of Rs. 520.20 on the BSE. The scrip opened at Rs. 521.60 and has touched a high and low of Rs. 525.15 and Rs. 520.40 respectively. So far 19138 shares were traded on the counter. The BSE … Read more
The production of direct reduced iron (DRI), also known as sponge iron, registered a compound annual growth rate (CAGR) of 8 per cent in India to 51.5 metric tonnes (MT) in fiscal 2024 from 34.7 MT in fiscal 2019, outpacing the 5 per cent growth in crude steel output, a report showed on Monday. India … Read more
