Indian shares are set to open flat on Friday, after a sharp rally in the previous session to an all-time high, with traders expecting markets to consolidate near current levels. The GIFT Nifty was at 25,384.5 points, as of 08:17 a.m. IST, indicating the NSE Nifty 50 will open near Thursday's record closing high of … Read more
The FIIs as per Thursday's data were net buyers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 16685.03 crore against gross selling of Rs 13815.41 crore. Thus, FIIs stood as net buyers of Rs 2869.62 crore in equities. In the debt … Read more
India's August retail inflation was slightly higher than economists' expectations, on the back of a sharp rise in vegetable prices, according to government data released on Thursday. Annual retail inflation was 3.65% in August, compared with a revised 3.60% in July. Economists polled by Reuters had forecast August inflation at 3.5%. India's key inflation gauge … Read more
India's industrial output grew at 4.8% year-on-year in July, on the back of an increased electricity output, government data showed on Thursday. Economists polled by Reuters had expected growth of 4.7%. Industrial output rose at a revised rate of 4.7% in June. Manufacturing output rose 4.6% in July, the same as its 4.6% rise a … Read more
Indian equity indices closed in the green on Thursday led by metal, auto and banking stocks. Sensex closed at 1,439 points or 1.77 per cent higher at 82,962 and Nifty closed 470 points or 1.89 per cent higher at 25,388. Intraday, both Sensex and Nifty made a new all-time high of 83,116 and 25,433 respectively. … Read more
Amazon India on Thursday announced it has created more than 110,000 seasonal job opportunities across its operations network ahead of the upcoming festive season. The e-commerce major has hired thousands of women associates as well as close to 1900 persons with disabilities (PWD) into its existing network. The company said it has already onboarded a … Read more
Driven by cardiac, antimalarial, and gastrointestinal therapies the Indian pharmaceutical market has seen more than 6 per cent growth in the month of August, according to a report. The report by market research firm Pharmarack showed that the pharma market growth surged as these therapies registered nearly double-digit value growth. While cardiac and antimalarial therapies … Read more
Union Minister for Civil Aviation, Ram Mohan Naidu highlighted India's ambition to increase women's participation in aviation to 25 per cent by 2025. Addressing the two-day Asia-Pacific Ministerial Conference on Civil Aviation (APMC) that will end on Thursday, Ram Mohan Naidu stated that the conference reflects the shared vision of the Asia-Pacific region to build … Read more
Touted as the ‘GCC Capital of the World,’ India has the largest base of 17 per cent of global technology capability centres, currently employing over 1.9 million (19 lakh) people, according to a new report. By 2030, the GCC market in India is estimated to grow to $99-105 billion, with the number of GCCs reaching … Read more
Adani Ports and Special Economic Zone is currently trading at Rs. 1463.85, up by 33.65 points or 2.35% from its previous closing of Rs. 1430.20 on the BSE. The scrip opened at Rs. 1440.00 and has touched a high and low of Rs. 1469.70 and Rs. 1440.00 respectively. So far 22760 shares were traded on … Read more
