Business

The Indian stock market witnessed a strong rally on Friday, which led to a rise in the shares of many companies of the country, which affected the wealth of India's poor. According to data from the Bloomberg Billionaires Index, 23 out of 25 billionaires have a total wealth of $ …

10 mins ago Business Investment Tips: Reserve Bank Governor Shaktikanta Das had said a day earlier that people are now keeping away from investing in banks. The reason is that keeping money in the bank is not giving as much interest as other …

2 hours ago Business Upholding the single judge order, the division bench of the Kerala High Court ruled that credit information companies (CICs) like TransUnion CIBIL Ltd do not update the CIBIL information at the time of credit worthiness, which can affect the …

Every investor dreams of investing in stocks that give multifold returns, but identifying or isolating such stocks is a big challenge. Out of the 400 stocks, 54 were selected by five market experts, which are estimated to give returns of 20 per cent to 50 per cent in the next …

2 hours ago Business New Delhi: At least 25 Indian companies are preparing to launch IPOs worth Rs 22,000 crore in the next few months. All these IPO proposals have received approval from market regulator SEBI. Analysts gave this information on Friday. Analysts …

New Delhi: Chinese steelmakers have cut production in anticipation of a further drop in steel demand, leading to a squeeze on margins. China's steelmakers produced 829.4 million tonnes of steel in July, down 9 per cent monthly and year-on-year. Data from the National Bureau of Statistics recorded the lowest production …

New Delhi: While the widespread adoption of digital payments has ensured faster and lower-cost transactions and easier withdrawals through banking and mobile apps, it has also increased risks to operational stability, Reserve Bank of India Deputy Governor Swaminathan Janakiraman said, adding that there is a need to increase investments in …

Ahmedabad: Indian stock market witnessed significant inflow of cash into equity schemes of mutual funds in July amid concerns over volatility and high valuations after the first Union Budget of Modi 3.0. Cash liquidity levels also remained high due to strong inflows in NFOs. According to a report by Motilal …

Ahmedabad: In view of the global economic uncertainty, India's gold imports have declined by 4.23 percent to $ 12.64 billion in the first four months of the current financial year April-July 2024. India had imported gold worth $ 13.2 billion in the same period last year. In the month of …

Mumbai: In global markets, Dow Jones went up by 555 points and IT stocks Nasdaq by 402 points on an aggressive rally in the US market yesterday, averting fears of a slowdown in the US economy and the market jumped on a positive note led by auto stocks. IT stocks …